If you strive to make your securities foolproof, there is always someone in the shadows who is more inventive than you.
There are countless, innovative people who know the systems better than we do while they’re still in high school. What systems am I talking about? Technology! Some of the younger generation is using what the older generation invented to steal from the fathers who created it! Sounds sort of like “Back to the Future,” doesn’t it?
In my talk entitled, “The Craft of Monetary Trespassing–are You Protected?” I go into vivid detail about how people can steal from you without even touching your wallet, by going directly to your bank in various different ways. If you watch this video carefully, you’ll see one of the ways in which people have lost quite a bit, seconds after leaving the bank.
Everything is fallible to one extent or another, so just ensure your assets are not all kept at the same bank, the same investment firm, or in the same safe. “Never put all your eggs in one basket,” has been said.