I recently read an article about an Irish billionaire whose goal in life was to give all of his wealth away. Charles F Feeney wanted to give away his billions to good causes while he was still living and die bouncing his last check – and he actually did it. Born in 1931 in New Jersey to Irish immigrant parents, Feeney’s views of money were greatly shaped by the lessons of the Great Depression. During his life, he built a fortune selling duty-free luxury goods, amassing a multi-billion-dollar fortune. Despite his immense wealth, Feeney lived a simple, humble life with […]

“S&P Could jump another 5% this year, Goldman says. Expect volatility first.” “S&P, Dow, Nasdaq end lower, oil jumps 5% as Middle East conflict stokes supply concerns.” “The Dow drops 200 points as inflation fears are back.” “U.S. port strike ends but clearing long ship queues will take time.”  “Stocks rally after monster jobs report beat, Dow up 200 points.”  “U.S. hiring accelerated in September, blowing past expectations.” These are ALL headlines I saw online within just the last 24 hours. And they are all from “reputable” news sources, all reporting “facts” about the economy. So, what is the takeaway? […]

It’s amazing how human connection can cure and satisfy so many of our needs. We’re hardwired to be with others, to search out our tribe. We need that feeling that we are all here together, working towards a common goal, trying to make a difference. In fact, research from Harvard found that strong relationships are the key to living longer and happier lives, with huge physical and mental benefits that magnify as we age. I hosted another episode of our new podcast, One Path to Wealth yesterday. We were on-location in Paso Robles with two of my dear friends and clients, […]

“Daddy, I’m scared and can’t sleep,” my son said at my bedside as he came into my room and woke me. “What’s going on, buddy?” I said. “Do you need me to take you back to your room?” “Yes, please,” he replied timidly. As I walked him to his room and then me back to my room and got back into my bed, I couldn’t sleep. His waking and coming into my room to get me triggered a memory. I was about his age and my parents had been divorced for six years or so. On one of my father’s evenings with us, […]