News of real interest.
We are now in the middle of the third week of the war in Ukraine, following Russia’s invasion on February 24th. Both the ultimate outcome, and the path to get to that outcome, are still very much in doubt. In investment terms, the war is a prime example of an exogenous shock – events that occur that have no direct connection to investment markets yet have profound implications for investors.
In the early hours of February 24th, after weeks of political posturing, military buildup, and Russian recognition of two separatist regions of eastern Ukraine, Russia commenced a full-scale invasion of Ukraine. Russian leader Vladimir Putin rationalized the decision by saying the expansion of NATO’s alliance along Russian borders crossed a “red line.” Russia’s stated intent is to demili…Read post
“My company keeps nagging me to sign up for the company 401k, but honest to God, I don’t think I can run that far.”
― Norm MacDonald
A constant theme of this market commentary is that predicting the future is hard (if not impossible) and that when it comes to something as important as your financial future, relying on prognostications, which probably end up wrong, is a fool’s e…
In my previous blog, A Tale of Two Cities: How Philanthropy Can Bridge the Gaps, I discussed the difference between philanthropy and charitable giving and how the two go hand in hand. This post is a continuation of the first, where I’ll focus on charitable giving strategies you can utilize to carry out a philanthropic plan.
We will continue to post estate, gift and incom…Read post