Close the Gap & Get Your Share
How immigrants an their families can build and protect generational wealth in the US
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For immigrants, their descendants, and anyone else looking to learn the unbiased truth about investing, Close the Gap & Get Your Share is a step-by-step guide to generating and passing on wealth in the US—dispelling financial myths and offering a secure path to building generational wealth.
Despite the American Dream’s promises of prosperity and security, many immigrants still discover a seemingly insurmountable wealth gap upon their arrival to the United States. And while this gap is caused by innumerable (and sometimes inevitable) factors, its deep persistence is in many cases linked to the financial behaviors of immigrants themselves, who may not be familiar with the country’s financial institutions, and who often subscribe to financial myths that lead to major mistakes. Close the Gap & Get Your Share will also be useful to non-immigrants wanting to learn about evidenced-based investing and how to build generational wealth.
From Dr. Julio Cacho, Cole Conkling, and Juan Carlos Herrera, managing directors of Inscription Capital, Close the Gap & Get Your Share is a crucial resource that explains US-based investing in a way that makes sense to immigrants (as well as novice investors) and allows them to skip years of learning and catch up to their non-immigrant peers in attaining financial prosperity—without jeopardizing their families’ existing resources. Close the Gap & Get Your Share does away with the usual Wall Street practice of overcomplicating investment advice in favor of fact-based, straightforward strategies and puts the reader’s financial wellbeing first.
Drawing on the authors’ combined four decades of financial experience, Close the Gap & Get Your Share teaches immigrants and their families how to:
Overcome the hidden and unnecessary risks that face immigrants and all novice investors
Invest in practice, including topics about what a market is, risk and return, risk tolerance, and how to properly balance risk and return
Deal with investor behavior, including recognizing and understanding behavioral biases and how to properly overcome them so you can achieve long-term financial security
For all generations of immigrants and nonimmigrants alike motivated to grow their wealth and pass it on, Close the Gap & Get Your Share is a robust guide to closing the ever-growing wealth gap with accessible and distilled financial literacy and strategy—and a tool to help them and their families not only amass wealth, but also flourish.