Hedging your bets Macro

Remember the four food groups, er, investable asset classes for serious money: stocks, bonds cash and real estate. 

To my way of thinking, once your clients have built up assets, stocks, bonds, cash and real estate, and even a business or two, life for them, and for you as an advisor, becomes an exercise of asset management. This will likely provide both investment income and capital appreciation.  The key to asset management is hedging risks.