FAMILY BANKING – DIE DREI HUNDE BANK
Die drei Hunde Logo [PHOTO SOURCE: https://www.logoground.com/logo.php?id=876277 ] Die drei auf der Bank The three on the bench [PHOTO SOURCE: https://www.fotocommunity.de/photo/die-drei-auf-der-bank-insa-von-eyss/25292905 ] "Divide your fortune into four equal parts: stocks, real estate, bonds and gold coins. Be prepared to lose on one of them most of the time. During inflation, you will lose on bonds and win on gold and real-estate; during deflation, you lose on real estate and win on bonds, while your stocks will see you through both periods, though in a mixed fashion. Whenever performance differences cause a major imbalance, rebalance your fortunes back to the four equal parts.” Those are the words of the famous German Banker, Jakob Fugger who suggested the four-investment portfolio. The Fugger family inspired me to think of a Family Banking AKA Joint Account where the money is being...