How to Leave a Secured Investment Portfolio for the Next Generation

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The recent financial crunch left a number of investors out of the share market. Investors who were retired from any regular job received the deadliest of blows. Many of them invested their life savings only to lose everything with the fall. Thus the question of asset allocation is of vital importance.  What strategy is the right one to make the money last longer? Here comes some advice on your personal finance to make your money go a long way. It is not, however, for those who have amassed enough wealth to leave a legacy for their next few generations.

People tend to worry that the money they have saved might not last for long. You can't really blame them, considering all the ups and downs we have experienced in just one decade. Even the most secure investment has some pitfalls. For example, Treasury bills have long been considered a risk-free tool to invest on. Still the proposal of the raising debt ceiling has already exposed investors to risk. Many investors started to buy precious metals instead.