Have you ever heard the phrase: Money makes the world go round. The phrase was made popular by the song “Money” (Money Makes the World Go Round) from the 1966 musical Cabaret, famously performed by Joel Grey and Liza Minnelli. The lyrics cynically highlight how money buys status, romance, and comfort while poverty brings cold...
When we talk about building wealth, we almost exclusively talk about money. We track our investment returns, our property values, and our retirement accounts. We measure our success by the size of our balance sheets. But perhaps true wealth cannot be measured by a single metric. We could potentially consider three distinct types of capital:...
For decades, many of us have been sold a very specific version of retirement. We are culturally conditioned to believe that at a certain age, we should step away from our careers, retreat from the world, and live out a permanent, quiet holiday. But as medical treatment improves and lifestyles become more intentional, this traditional...
There is a common belief that when it comes to our wealth, we should never put all our eggs in one basket. It’s easy to extend this logic to our financial advice. We often assume that having multiple advisers is the safest approach. We might have one for our retirement fund, one for our stock...