Social Media Tools for the Affluent
Social networking has become a wonderful way in which families and friends can keep in touch and engage no matter where they are. Unfortunately, with every
public tool, comes those who abuse it. While there are ways to keep your information private and somewhat secure, it only takes one post to potentially put
yourself at risk. For those that are well-to-do and have a lot to lose, social media can be extra dangerous. Fortunately, some services have been created
with these social users in mind.
For instance, TrustedFamily is a platform that functions much like Facebook. However, it is
open only to registered family members. This technology allows you and your family to share documents, videos, and photos, post invites, hold discussions,
and much more all in the comfort and safety of your own secure network.
Another site, Xalt.tv, is a sort of YouTube for the wealthy. It doesn’t allow you to upload your own videos,
but it provides videos on many relevant topics to family members from luxury assets to family dynamics. Limiting social media channels like these sources
have done is the answer for families that fear too much Internet sharing.
To read more about these technologies and closed-circuit social media, read Thomas Coyle of the Wall Street Journal’s personal finance blog here.