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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them
“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo
Center for Family Conversations
The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.
THE TYCOON PLAYBOOK – How Business Empires Are Built
The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.
- Oil pares gains after early jump to $63 December 18, 2014LONDON (Reuters) - Brent crude pared early gains on Thursday to trade back below $62 a barrel, giving up much of a 3 percent spike in London as traders assessed whether a price rout is done.
- Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA December 18, 2014(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday.
- Brazil Congress' Petrobras probe urges charges against 52 people December 18, 2014RIO DE JANEIRO (Reuters) - A Brazilian congressional investigative committee issued its final report on alleged corruption at state-run oil company Petroleo Brasileiro SA on Thursday with a recommendation that prosecutors file charges against 52 people.
- Wall Street climbs on oil boost in wake of Fed statement December 18, 2014NEW YORK (Reuters) - U.S. stocks rose on Thursday, with each of the major indexes climbing more than 1 percent, building on the prior session's rally after the U.S. Federal Reserve's policy statement and oil prices that showed signs of steadying.
- Ford expands Takata driver-side airbag recall in U.S. December 18, 2014DETROIT (Reuters) - Ford Motor Co on Thursday expanded the recall of older-model Mustang cars, that have driver-side Takata airbags with inflators, to include about 502,500 vehicles.
- Pimco expects global growth to accelerate in 2015 between 2.5-3 percent December 18, 2014NEW YORK (Reuters) - Bond giant Pacific Investment Management Co said on Thursday it expects global growth to accelerate in 2015 to around 2.75 percent from around plus 2.5 percent this year, based...
- WTO upholds some of Chinese complaint against U.S. duties December 18, 2014WASHINGTON (Reuters) - The World Trade Organization on Thursday upheld parts of a Chinese complaint against U.S. duties on goods including solar panels and wind towers and found some U.S....
- ECB to publish accounts of policy meetings from January December 18, 2014FRANKFURT (Reuters) - The European Central Bank said on Thursday it would start publishing accounts of its monetary policy meetings next year, a move that will raise the ECB's transparency but still...
- U.S. leading economic indicator rises in November December 18, 2014WASHINGTON (Reuters) - A gauge of future U.S. economic activity increased solidly in November, pointing to underlying strength in the economy.
- Dollar extends rise after Fed statement, Swiss rate move December 18, 2014NEW YORK (Reuters) - The U.S. dollar rose against major currencies for a second straight session on Thursday after the Federal Reserve signaled it would hike rates next year and the Swiss National...
- Reddit cofounder: The next Google is one visa away from leaving U.S. December 18, 2014Reddit's Alexis Ohanian has been vocal about the need for high-skilled visa reform. At stake? The country's position as a tech leader.
- Oprah-approved startup raises $6.25 million December 17, 2014News startup The Skimm announced a new round of funding, 1 million active readers, and plans to expand into a 'lifestyle brand.'
- Cow farmers get high-tech tracking app December 17, 2014Brazilian startup BovControl is turning cows into data with a mobile app.
- Google Ventures: less Ubers, more health care December 16, 2014The venture capital investment arm of the tech giant has quadrupled its funding of life sciences and health startups this year.
- Rahm Emanuel: How Chicago saved its small businesses December 16, 2014Read full story for latest details.
- Re-gifting is fine... if you follow these rules December 18, 2014Etiquette experts say re-gifting is generally considered acceptable, as long as you follow these rules.
- Toyota has best value: Consumer Reports December 18, 2014Read full story for latest details.
- The best thing to do now for your portfolio December 18, 2014Stocks have fallen over 3% in December and the outlook for 2015 is cloudy. It's a good time to rebalance.
- Novelty gifts for people with money to burn December 17, 2014For those who've got the cash, these holiday gifts can really make a statement.
- Saving America's malls from the brink of death December 17, 2014Read full story for latest details.
- NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve Ballmer May 30, 2014Donald Sterling sues the NBA for damages and demands to be reinstated as owner.
- FBI and SEC probe into Carl Icahn and golfer Phil Mickelson May 30, 2014Authorities are looking into the potenial insider trading.
- Google launches "right to be forgotten" service in Europe May 30, 2014Now European citizens can request to have search results removed.
- Five crazy things Steve Ballmer has done May 30, 2014In light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of his wackiest actions and greatest hits.
- Zuckerberg's latest donation reawakens concerns over mixed results in Newark May 30, 2014Facebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from previous gift to Newark, N.J. schools.
- What's wrong with Google? December 18, 2014Google may be a great place to work for, but it hasn't been a great place for investors to put their money lately.
- Payday lenders throw millions at powerful politicians to get their way December 18, 2014Payday lenders are spending millions of dollars in Washington in an attempt to stop the government from cracking down on the industry.
- Amazon unveils one-hour delivery in New York December 18, 2014Amazon now has a solution for some of its customers who can't wait a few hours for delivery.
- In Russia, no more $30 Ikea 'Billy' bookcases - at least for now December 18, 2014Ikea furniture has suddenly became a scarce good in Russia. The Swedish furniture maker has followed Apple and suspended sales after a dramatic fall in the ruble.
- Re-gifting is fine... if you follow these rules December 18, 2014Happy Re-Gifting Day!
- New York regulator lays out tweaks to bitcoin rules December 18, 2014WASHINGTON, Dec 18 (Reuters) - New York state plans to soften proposed rules for virtual currencies such as bitcoin, its banking regulator said on Thursday, after receiving a round of public comments.
- GLOBAL MARKETS-Stocks climb on Fed policy signals; oil slips again December 18, 2014(Updates with Wall Street rally, latest prices; changes dateline; previous LONDON) * Wall Street on track for second day of strong gains * Shares jump as Fed pledges to be patient on withdrawing...
- UPDATE 4-Swiss central bank announces negative interest rates to stem flight into franc December 18, 2014* Franc falls to lowest level against euro since mid-October (Adds reaction from banks, link to graphics)
- Fitch Downgrades Venezuela's IDRs to 'CCC' December 18, 2014(The following statement was released by the rating agency) NEW YORK, December 18 (Fitch) Fitch Ratings has downgraded Venezuela's Long-term foreign and local currency Issuer Default Ratings (IDRs)...
- UPDATE 1-Chile central bank says not close to currency market intervention December 18, 2014SANTIAGO, Dec 18 (Reuters) - Chile's central bank has no plans to intervene in the foreign exchange market, the bank's chief said on Thursday, even though Chile's peso has depreciated more than 14...
- Chevron delays Arctic drilling plan December 18, 2014Chevron's is the largest drilling project put on hold amid the sharp drop in oil prices. Marathon Oil and ConocoPhillips plan to cut spending next year. Fred Katayama reports.
- SNB goes negative December 18, 2014The Swiss National Bank announces a negative interest rate for the first time since the 1970s, hoping that by forcing banks to pay to deposit francs it can stem a flight to the safe-haven currency sparked by euro zone fears and crisis in Russia. David Pollard reports.
- Progress in S Africa, challenges too December 18, 2014A new IMF report says South Africa can celebrate significant progress in its first 20 years of democracy, but - amid power blackouts and fears of more credit rating downgrades - it still faces big challenges in reviving a weak economy. Hayley Platt reports.
- China's house prices fall again December 17, 2014New home prices in the world’s second largest economy dropped in November, but there might still be hope for China’s besieged property sector. Jane Lanhee Lee reports.
- Fed tweaks language, delights investors December 17, 2014Citing a stronger economy, the Fed announces a patient approach to rate hikes in 2015. Shartia Brantley reports
The Power of Yet | Carol S Dweck Capabilities for problem solving and for learning (or progress) have often been regarded as (inherited) components of the personality. Both Carol s Dweck and Torkel Klingberg have made quite clear, that improvements of such capabilities are supported by systematic use of appropriate training and feedback. Very essential knowledge for any parent, teacher, leader and human being in general. Carol S. Dweck is a leading researcher in the field of motivation and is the Lewis and Virginia Eaton Professor of Psychology at Stanford. Her research focuses on why students succeed and how to foster their success. More specifically, her work has demonstrated the role of mindsets in success and has shown how praise for intelligence can undermine students’ motivation and learning. She has also held professorships at and Columbia and Harvard Universities, has lectured to education, business, and sports groups all over the world, and has been elected to the American Academy of Arts and Sciences and the National Academy of Sciences. She recently won the Distinguished Scientific Contribution Award from the American Psychological Association, one of the highest awards in Psychology, as well as six other lifetime achievement awards. Last Spring, the White House held an conference on her work and both President Obama and Michelle Obama refer to her work in their speeches on education. Her work has been prominently featured in such publications as The New Yorker, Newsweek, Time, The New York Times, and The London Times, and the Manchester Guardian, with recent feature stories on her work in the San Francisco Chronicle and the Washington Post, and she has appeared on such shows as Today, Good Morning America, NPR’s Morning Edition, and 20/20. Her bestselling book Mindset (published by Random House) has been widely acclaimed and has been translated into over 20 languages.
Expect Problems as We Explore Possibilities | Mark Pollock In this talk, Mark shares his remarkable journey while exploring the frontiers of spinal cord injury recovery. He is the world’s leading test pilot of Esko Robotic Legs. Unbroken by blindness in 1998, Mark went on to compete in ultra endurance races across deserts, mountains, and the polar ice caps including being the first blind person to race to the South Pole.
Why TED Talks Don’t Change People’s Behaviors: Tom Asacker Author and speaker Tom Asacker wondered why so many people watch TED talks and yet so few change their behaviors as a result. His answer? That only one of three elements of our irrational, but innately human, decision-making process truly makes for lasting change.
Chris McKnett: The investment logic for sustainability Sustainability is pretty clearly one of the world’s most important goals; but what groups can really make environmental progress in leaps and bounds? Chris McKnett makes the case that it’s large institutional investors. He shows how strong financial data isn’t enough, and reveals why investors need to look at a company’s environmental, social and governance structures, too. Chris McKnett helps institutional investors put money toward sustainable and socially-forward assets. WHY YOU SHOULD LISTEN TO HIM? At State Street Global Advisors, Chris McKnett thinks deeply about how large investors, like banks, pension funds and endowments, can put their money in the right places — not just for better business, but for a better world. In his role as the head of State Street Global Advisors’ Environmental, Social and Governance Investing (ESG), McKnett develops sustainable-strategic products and integrates sustainability thinking directly into the investment process.
The Gift of Adversity: Norman Rosenthal Norman Rosenthal is the world-renowned psychiatrist, researcher and best-selling author, who first described seasonal affective disorder (SAD) and pioneered the use of light therapy as a treatment during his 20 years at the National Institute of Mental Health. A highly cited researcher, he has written over 200 scholarly articles, and authored or co-authored eight popular books. These include Winter Blues, the New York Times bestseller Transcendence, and The Gift of Adversity. Listed as one of the Best Doctors in America, he has practiced psychiatry for over three decades, and has coached people from all walks of life — such as corporate leaders, athletes and actors. Rosenthal has conducted numerous clinical trials of medications and alternative treatments, such as Transcendental Meditation, for psychiatric disorders. He and his work have been featured on Good Morning America, The Today Show, NPR and other national media.
The Trust Economy: David Etheredge From stints at Walt Disney Interactive and Microprose software to the Director of International Business Development at Hasbro and as minority partner in renewable energy company, Wind Works, David Etheredge brings an eclectic mix of passion for theatre, technology know-how, and business acumen to his current venture, SavvyCard. Through SavvyCard, David leverages the growth of mobile devices to build the “trust economy”.
Toby Eccles: Invest in social change Here’s a stat worth knowing: In the UK, 63% of men who finish short-term prison sentences are back inside within a year for another crime. Helping them stay outside involves job training, classes, therapy. And it would pay off handsomely — but the government can’t find the funds. Toby Eccles shares an imaginative idea for how to change that: the Social Impact Bond. It’s an unusual bond that helps fund initiatives with a social goal through private money — with the government paying back the investors (with interest) if the initiatives work. Toby Eccles has created a radical financial instrument that helps private investors contribute to solving thorny public problems. WHY YOU SHOULD LISTEN TO HIM? All too often, an ex-inmate walks out of prison with the exact same problems he or she walked in with: lack of skills, lack of support, no job. And they end up re-offending and back in jail. It’s an expensive problem to fix, but it’s a much more expensive one to ignore. A director at Social Finance in London, Toby Eccles explores the arbitrage between those two options. In 2010, his pioneering Social Impact Bond allowed private investors to support a UK program targeting ex-prisoners who served short sentences (the limited government funding only goes to ex-inmates who served long terms). The £5m scheme, funded by 17 investors, supports training and support for 1,000 ex-inmates; if they re-offend less than a control group, the government will pay investors back, plus interest, through the savings accrued by achieving the program’s targets. More such bonds are now being tried across the world, including in New York City and Massachusetts (both addressing recidivism), and extended to new fields such as development. Eccles founded Social Finance in 2007, and he oversees all of the firm’s social impact bond work, where, he says: “We are incentivised to work with the complicated and with those willing to change.” “We are incentivised to work with the complicated and with those willing to change.”
/ Behaviour Economics, Capitalism, Christianity, Economics, Faith, Financial Literacy, Financial Planning, Money, Money Values, Productivity, Prosperity, Psychology of Money, Risk management, Spiritual, True Wealth, Wealth Preservation
Part One – The Ideal Economy To learn more, click here. Part Two – What Goes Wrong To learn more, click here. Part Three – Why It Goes Wrong To learn more, click here. Part Four – Principled Reasoning To learn more, click here. Part Five – Investment Decision Making To learn more, click here. Part Six – Global Economy and Investment Markets To learn more, click here.
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- Your Personality and Your Brain | Scott Schwefel December 15, 2014
- Unleashing the Power of Philosophy | Patrick Gentempo December 15, 2014
- How to Grow Talent You Weren’t Born With | Russell Falstead December 15, 2014
- The Simple Power of One Breath | Jonathan Winn December 15, 2014
- The Most Polluted Generation | Penelope Jagessar Chaffer December 15, 2014
- British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch December 17, 2014After losing her wallet one night, a British student found herself stranded with no way to pay for a subway. She ended up being saved by a "homeless hero". Now that selfless act is being returned in a BIG way.Read more: British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch
- Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months December 17, 2014It's not a good time to be a Russian billionaire. As a result of western sanctions, falling oil prices and an imploding Russian economy, Vladimir Putin's billionaire buddies are seeing their fortunes evaporate.Read more: Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months
- Jose Diaz-Balart Net Worth December 16, 2014José Díaz-Balart Net Worth: José Díaz-Balart is a Cuban-American journalist and television anchorman who has a net worth of $5 million. José Díaz-Balart wasRead more: Jose Diaz-Balart Net Worth
- Gabriel Porras Net Worth December 16, 2014Gabriel Porras Net Worth: Gabriel Porras is a Mexican actor who has a net worth of $8 million. Gabriel Porras was born February 13,Read more: Gabriel Porras Net Worth
- Pablo Alborán Net Worth December 16, 2014Pablo Alborán Net Worth: Pablo Alborán is a Spanish musician, singer and songwriter who has a net worth of $10 million. Pablo Moreno deRead more: Pablo Alborán Net Worth
- Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA December 18, 2014(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a...
- The best place to retire? You get to pick December 18, 2014NEW YORK (Reuters) - There are plenty of lists proclaiming "The Best Places to Retire."
- Allianz sells Fireman's Fund personal insurance business December 18, 2014FRANKFURT (Reuters) - German insurer Allianz on Thursday said it had agreed to sell its Fireman's Fund personal insurance business to insurer ACE for $365 million, freeing Allianz to focus on...
- After the new federal pension rules: What retirees need to know December 18, 2014CHICAGO (Reuters) - The last-minute deal to allow retiree pension benefit cuts as part of the federal spending bill for 2015 passed by Congress last week has set off shock waves in the U.S....
- World investors cut back stocks as risk aversion reigns December 18, 2014LONDON (Reuters) - World investors lifted exposure to bonds and cut back on more volatile equities as sentiment was buffeted by a Russian currency crisis, an uncertain growth outlook and rapidly...
- Deep Dive: Here are the best S&P 500 stocks and sectors of 2014 December 18, 2014It’s been a decent year for the market overall, despite all the warnings from bears.
- Need to Know: Google is now bigger than Mother Russia’s entire market December 18, 2014The stock market just went MAD. As in, it logged a major accumulation day. And Wednesday’s MAD, the first since October of last year, came in with a lopsided ratio of 17 to 1.
- David Weidner's Writing on the Wall: Here’s why Uber is getting a bad rap December 18, 2014It’s not that Uber is getting a bad rap, it’s that other companies don’t get the same criticism.
- Cuba could become Grand Central station for U.S. cruise ships December 18, 2014Could a Cuban beach vacation be the next big thing for American travelers?
- Jeff Reeves's Strength in Numbers: 5 high-yield, high-tech stocks for 2015 December 18, 2014Here are five tech companies that pay high dividends and have strong balance sheets.