You know, there are actually people out there on the road, at this very minute, who do not believe they need car insurance. Instead, they drive on the roads and toss caution to the wind while the rest of us try to protect our assets by insuring them. These same people actually cause the rest of us to pay more for our insurance as a result of their irresponsibility. And yes, while these same people may appear to be complete fools to most of us, the fact is that many of us are fools ourselves for believing that we, too, can throw caution to the wind when it comes to protecting our investment portfolios.
Lets be very honest here: not so terribly long ago the idea of “asset protection” may have conjured up ideas of large Rottweilers or a fireproof safe tucked away in the back of our closet. But today, as millions of Americans and investors around the globe try to enhance their financial futures by investing in the stock market, such “low-tech”asset protection strategies simply are not enough to protect your hard-earned assets.
Now some of us, like myself, may not really know what asset protection is and how it can benefit us. I honestly liked...