27th June 2008

Why a Recession is Good for UHNWI’s

posted in Creating wealth, Benifits |

PileOfDollars

The evidence is that with the global slowdown, which has stemmed from the increase in oil prices and the credit crunch, Ultra High Net Worth Individuals are better placed than ever to take advantages of any opportunities.

Lower property prices are leading to new, previously unavailable, investment scenarios. This is just one area of potential wealth gain. Others are;

  • Lower stock prices are leading to an impressive gain in share ownership
  • Increases in the value of gold is giving a better return on previous investments

Companies that offer products and services to the Ultra Wealthy are also gaining at this time. As the markets polarise the wealthy are choosing to upgrade. The luxury yacht, car, and aircraft industries are all reporting growth in their high end products whilst middle range items stagnate.

Recessions’ also lead to the removal of the fat from the system. Investment channels become more direct; confusion is removed, and wealth creation becomes clearer.

Now is the time for us to consolidate our positions and snap up those bargains.

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