A Grand Slam of an Alternative Investment
Ever dream of owning a major league baseball team? Alternative investments – such as sports league franchise ownerships are not for the majority of us, but if you have $25 to $100 million to...
Author: Marie
Bank Participation Loan Funds – Potential Inflation Hedge
Relatively new (available since around 1997) and mainly in the domain of high expense ratios and load funds, are senior floating rate funds, one type of bank participation loan mutual fund. Since interest paid...
Where to Find Tax Legislation
After much searching and no success in finding the actual tax law that was passed last year, I turned to my Congressional Representative. He pointed me to Congress.gov. Per the about page, this database:...
Life’s Little Frustrations
One of the problems with having a lot of money is that children of the wealthy do not have to overcome many of life’s challenges and frustrations. Wealthy kids may not tolerate frustration well....
How Kids Use Money – Age by Age
The graphic below shows how kids use money at various age groups. Click on the age group box and the display changes to show what that age group does. This is based on a...
Invest Internationally
Following the 2008 downturn, many wealthy Americans decided to expand their offshore exposure. How can you do the same? Although there is no longer access to significant tax havens abroad, there are plenty of...
Deciding Where to Put Retirement Fund Distributions
I recently helped a friend with some analysis on what brokerage house to use to hold a full distribution from an Employee Stock Ownership plan (ESOP). The comparison was between a full service wire house...
Laura Pederson – Trader/Journalist/Author/Teacher
Laura Pederson was a self-made millionaire by age 21. She grew up in Buffalo, New York – where she lived with her parents during the 1970’s energy crisis and ‘stagflation’ days. In her book Buffalo...
Five Ways to Prepare Your Heir to Inherit Your Estate
You have developed all of your estate plan documents – your will, trust, letter to heirs, living will, and etc. So now you are all set, right? Probably wrong, at least if your plan...
Family Philanthropy – 4 Ways to Structure Cross Generation Giving Activities
Members of wealthy families can utilize philanthropy to build and carry on the family legacy as well as to teach values and provide practical life experience to younger generations – but how do you...
