I recently sat down with international wealth manager Bogumil Baranowski to discuss Old Money concepts and how they relate to the preservation of wealth…and living a richer life. Bogumil is a unique position when it comes to Old Money: he advises families who have had money for hundreds of years, as well as individuals who … More Talking Billions: My Interview with Wealth Manager Bogumil Baranowski
I received an email recently from Melissa, one of our readers, regarding investment advice. While I’ve mentioned that I don’t give advice on investments, I do want to open the floor to everyone to provide some guidance related to this issue. By ‘guidance’, I mean advice regarding an approach, a strategy, a philosophy, even comments … More Regarding Investments
Whether we realize it or not, we’re constantly trading something we have for something we want or need. When we work, we’re trading our time and/or talent for money. When we spend money, we’re trading it in order to obtain goods or services. If we consciously and consistently keep in mind that, each day, we … More Making The Trade