Most of us, including myself, get hung up on allowing a dollar figure to determine how “wealthy” we are. When in fact, wealth can be made up of things that are worth far more than money but are harder to quantify. Because of this difficulty in measuring, we often default to overlook these alternative measures.
I recently ran across an interview with Abigail Disney, granddaughter of Roy O. Disney, co-founder of The Walt Disney Company (posted here at New York’s The Cut What It’s Like to Grow Up With More Money Than You’ll Ever Spend.) It is a surprisingly vulnerable and honest insight into the real-life impact (both good and
If there was ever a quarter that demonstrated the changing nature of investment markets, it was the first quarter of 2019. Below, we’ll walk through the critical themes of the quarter touching specifically on the yield curve and the possibility of a recession. Asset Class Returns So far in 2019, investors have experienced double-digit returns
In 2007, the U.S. Postal Service introduced the first Forever Stamp for 41 cents. It was a great way for the postal service to increase their cash flow, but it was also beneficial for individuals, who knew they would be sending letters in the future, to “prepay” for stamps in hopes of sidestepping future postage
You can learn a lot from ice cream if you pay attention. A few years ago, a brother-sister team launched the Simply Scrumptious Ice Cream Pontoon Boat on Lake Tillery. Its bright yellow bimini top matches the paneling which displays a rotating list of homemade ice creams, custards, and cookies. It really hits the spot
I often overhear conversations of someone discussing how leasing a car is the most intelligent approach to having transportation. However, seconds later, I hear the audible scoff of the car buying group, as if buying a car is the best financial decision since Seward’s Folly. Luckily, we don’t like to pick sides. Instead, we let
“They were told where they belonged, and they acted accordingly.” In his book, Predictably Irrational, Dan Ariely highlights how our understanding of our current situation impacts how we will behave in the future. “One stereotype of Asian Americans, for instance, is that they are especially gifted in mathematics and science. A common stereotype of females
There seem to be a million things I love about summer weekends at the lake: the warm breezes, dogs swimming off the dock, grandkids swimming, skiing and jumping from the top. We soak up sunrises and sunsets like they are the first we’ve ever seen. But then we begin to notice the leaves of the Yellow