Last week we saw how quickly a currency crisis can destroy someone’s savings.
In just one week, the value of the Turkish Lira plummeted over 30% after the US imposed sanctions against Turkey.
So anyone holding all of their savings in Turkish Lira got hammered.
This was an unfortunate reminder of the importance of a Plan B – an insurance plan to make sure your wealth and your family are safe no matter what happens around the world.
So often, people concentrate their risk in a single country or jurisdiction… their job is there, their home, their savings and investments…