AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Meb Faber Show - Better Investing
Joel Nagel on Global Asset Protection: Defense for a Dangerous World | #559
Nov 22, 2024
In this discussion, Joel Nagel, founder of Nagel & Associates and an asset protection expert, dives into crucial strategies for safeguarding wealth. He outlines four key risks in asset protection and shares insights on trusts, second passports, and dual citizenship. Joel emphasizes the importance of strategic debt management and explores the benefits of investing in gold and cryptocurrencies as defenses against economic instability. His wealth of experience offers listeners valuable perspectives on navigating today’s financial landscape.
56:29
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Asset protection strategies, such as utilizing trusts and offshore structures, are essential for safeguarding assets from legal claims and risks.
- Acquiring a second citizenship can provide significant benefits, including asset protection and access to international investment opportunities for wealth preservation.
Deep dives
The Importance of Asset Protection
Asset protection is essential for wealth preservation, especially in a litigious environment. Individuals, such as doctors and entrepreneurs, face unique risks that can threaten their financial stability. By focusing on defensive strategies, clients can shield their assets from lawsuits and other claims. Using structures like trusts and companies, individuals can better position themselves to safeguard their wealth.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode