What Happened to Your Net Worth?
Ted Leverette argues that if you’ve got the capital to buy a business, you need to buy one now. And that you can’t afford to NOT buy a business.
United States family median net worth in 1999 was about $105,000. In 2015 it was 24% lower. Not a pretty picture.
The median net worth in the USA and Canada is not enough to adequately support most people during their retirement!
For most people, buying a profitable business may be the only practical way to safely and predictably increase net worth to the figure that is necessary to support themselves during retirement — in a lifestyle which is comparable to what they enjoyed during their working years.