In a February, 2014, Hemispheres Publishing article, Mr. Petrossi states that to accumulate and protect wealth, one must understand the U.S. government’s strategy of taxation on the worldwide income of U.S. citizens. These taxation policies ensure that the standard of living of many in the middle class is falling, even as their absolute incomes rise.
Another element of the government’s approach involves monetary policies that rely on printing more currency as a way of solving persistent budget shortfalls. A result is that prices rise through inflation and the purchasing power of the dollar slips. This trend is not new, but has been in place at the macroeconomic level for the past hundred years.
Investors who are able to increase wealth, despite federal policies that discourage this, follow well-designed asset allocation plans that take a long term approach to creating value. In addition to traditional stock and commodity holdings, successful investors seek out pre-IPO holdings that offer the potential for a lifetime of growth.