Keep purchasing power and don’t take excessive risk with stocks, writes Mark Hulbert.
Want to invest like the 400 richest Americans? Of course you do. Their average net worth is $7.2 billion, according to Forbes Magazine.
But that doesn’t mean getting shoot-the-lights out returns. In fact, only a handful of those on the Forbes list got there through investing. They instead made their fortunes elsewhere, and then went to Wall Street in an effort to preserve the purchasing power of their wealth.