The Investment That Ruined a Legend
This famous writer lost his fortune thanks to one financial mistake.
He poured his wealth into a single invention that promised to revolutionize publishing. But when the machine failed, so did his investment—and his finances.
Wealth can disappear faster than you think. Whether it’s a failed investment, business setback, or unexpected liability, protecting your wealth is just as important as building it.
Here are three ways to safeguard your finances:
✔️ Insurance: Auto, homeowners, and umbrella liability policies protect against major losses.
✔️ Entity Structures: Business owners can use LLCs to shield personal assets from risks.
✔️ Diversify: Avoid putting all your eggs in one financial basket.
Oh, and the writer? Mark Twain. Be prepared for the unexpected, so you can keep what you’ve worked so hard to build.