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Small-Scale Question Sunday for February 18, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Diversification of assets. Holding physical assets (art, precious metals in your possession etc). There's plenty of information about how to do this out there, even though it is generally geared towards addressing collapsing nations.

I'd have my primary place of residence be a significant store of wealth. Even if they redistribute everyone's wealth and confiscate investment properties, I can't see them taking anyone's home. If your home happens to be a McMansion/Estate, well someone has to live in it and it's title belongs to you so...

Regarding Inheritance in 20 or 30 years: If you have a good relationship with your family it might be a conversation you can have now. Plenty of parents distribute some wealth to their children long before their deaths for tax reasons and to help them get into expensive property markets. You could get some of your inheritance in your possession now before potential future changes in tax/inheritance laws make a full transfer of wealth impossible.