We’ve all been conditioned to see meme investors and Wall Street in opposition, but it seems to me that they have a lot in common. Both believe in picking stocks and think they can beat the market. In my mind, the important distinction is that Wall Street stands to make a lot of money off meme investors, simply from trading costs.
Have you considered gifting your children assets? Steve discusses one important item that is often overlooked and how you can protect your gift.
The one concept that will help you to feel better about your wealth.
“If you can’t explain it to a six year old, you don’t understand it yourself.”
Albert Einstein
When considering one’s legacy, deciding how much to leave your children, grandchildren and other beneficiaries is one of the most important questions families face particularly the wealthy. The range of possible answers is ‘everything’ to ‘nothing’.
For this week’s blog we have attached a Cover Story Article from Money Magazine written by Frances Easton as the contributing expert.
Hope you enjoy the case study.
