Climate Risks to Wealth Management

Climate risks in wealth management?

These risks have been known to all those in government responsibility but globally little effective action has or will be taken.

As weather becomes hotter, coastal land masses will submerge to loss of life if they do not move in mass. further, foods and wildlife will disappear.

As to disease increase information is mute but probably highly unfavorable.

Humanity cannot destroy the earth without releasing unencumbered more diseases for which there is no cure due to drug resistance.

So expect cost of living and eating to rise unnaturally and the oceans to rise as the polar ice caps disappear forever.

Whatever transpire, war, climate driven economic hardships, individual conservative investors must be protective of their capital and portfolios, selecting defensive equities and comparatively climate change resistant blue chip stocks.

Consult your financial advisor to obtain their advice on how to navigate both the investing and climate changes with respect to financial planning. Contact Mike Restivo for free consultation: "Basics for free, details for fee."