Setting up a TRUST FUND

Over the years, you have achieved success and accumulated wealth. Your priority now is to ensure your wealth and assets remain protected for your future generations.

Solution:

A trust fund is a will with a lot more and detailed stipulations. The trustor decides the particulars and this is a significant advantage. If you leave money behind for the beneficiary(s) (eg. your kids) in a savings account, your kids will get to make all the decisions. Trust funds are often set up by the wealthy with the idea that the interest and dividends earned would allow the trust to operate off the investment income making it something that spans generations. That is to say, for the purpose of wealth accumulation and asset protection ensuring that your loved ones will always be well looked after. The responsibility of administering the assets to take care of the various needs can be held by a trusted individual or an institution called a trustee.

For further information, read Guide to Singapore Trust Law

Frugal Habits of the Rich

According to Bankrate.com, 86 percent of people who spend cash on luxuries like expensive cars, jewelry, and electronics are non-millionaires trying to act the part by purchasing luxury brands

Currency vs Money, EP1 with host Mike Maloney

Gold and silver are the ultimate money, simply because of their properties.
Fiat currencies are based solely on confidence, and always return to their intrinsic value of zero
Rising prices are a symptom of an expanding currency supply
Gold and silver always account for an expanding currency supply
GoldSilver.com

The money of choice for her is, silver! What's yours!?

James Rickards, Author of- Currency Wars: The Making of the Next Global Crisis

-Gold's trend is still up!
-Money printing is going to continue therefore devaluing the USD currency. Hence by this mechanism, gold is going up and can protect your wealth.