‘I need to get my financial ducks in a row’: I’m 80 with $1 million. How do I prevent my son from being hit with inheritance tax?
“I have $650,000 in investments, $250,000 in life insurance and about $150,000 equity in my home.”
Last updated: 2026-02-21 21:32:57 ET
Pulse AI Brief
Updated Feb 21, 2026 8:00 PM ET
Greenlight Capital's CEO has urged investors to protect their portfolios against a potential decline in the U.S. dollar. The advice comes amid growing concerns about inflation and fiscal policy impacts on currency stability.
Investors may shift towards commodities, foreign currencies, and other hedges, potentially impacting forex markets and commodity prices. This sentiment reflects broader market caution regarding U.S. monetary policy.
The warning highlights ongoing debates about the sustainability of current fiscal policies and their long-term effects on the U.S. economy and global financial stability.
“I have $650,000 in investments, $250,000 in life insurance and about $150,000 equity in my home.”
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