This blog is a re-post of a topic we addressed on our old site, www.RedMountainAssetResearch.com.
What is a Defensive Asset? It’s the kind of thing you would invest your money in if you had reached that point in life where keeping what you already had was a lot more important than trying to get more.
The Defensive Asset, as a concept, would be a means to wealth management first, rather than a means to the acquisition of wealth. Which doesn’t necessarily imply that it couldn’t have a good rate of return. But its entire character would identify with life as a tool for those who already had some wealth and were looking for an effective way to put it to use, without taking on some of the extreme risks which are often willingly incurred by those looking to make their fortune (i.e. those who do not yet have anything to lose…).
In terms of characteristics, we would expect a candidate for Defensive Asset standing to have one or more of the following three qualities:
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