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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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“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

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Center for Family Conversations

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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.

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THE TYCOON PLAYBOOK – How Business Empires Are Built

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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.

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CNN Financial News

UK asks austerity-weary workers to suggest new budget cutsImagine your pay has been frozen for years and thousands of colleagues have been let go. Then your b [...]

Puerto Rico's crisis ... in 2 minutesPuerto Rico has been dubbed "America's Greece." The island is expected to default on [...]

Puerto Rico is about to default for the first time in its historyPuerto Rico is hours away from going into default for the first time in its history. [...]

Why a 175-year-old candle maker is vital to this Ohio townThere's a town in central Ohio where candles are a pretty big deal. [...]

Airport superchef: Gordon RamsayRead full story for latest details. [...]

Stocks: 5 things to know before the openIt's Monday morning and Greek markets are tanking, down about 20%. [...]

Greek bank shares crash 30% as market reopensShares in Greek banks crashed 30% Monday as trading resumed on the Athens stock exchange for the fir [...]

 

CNN Small Business News

Why a 175-year-old candle maker is vital to this Ohio townCandle-Lite is committed to manufacturing in America -- which is a good thing because it contributes [...]

Colorado pot bank sues the FedThe Fed denied Fourth Corner Credit Union's request to allow it to operate within the banking s [...]

New York minimum wage increase: Who really paysRead full story for latest details. [...]

Lion killer's dental practice target of outrageRead full story for latest details. [...]

Franchises affected by New York's new $15 minimum wageRead full story for latest details. [...]

How stoned are you? This app has the answerRead full story for latest details. [...]

NASA's robot R2 needs your helpRead full story for latest details. [...]

 

CNN Money News

Millennials have jobs, but still live with mom and dadRead full story for latest details. [...]

Is it OK to quit your job without another in hand?Read full story for latest details. [...]

Toshiba's interim CEO to take 90% pay cutToshiba's interim chief executive Masashi Muromachi will take a 90% pay cut for the next two mo [...]

A smarter investing strategy for retirementDon't try to guess when stocks will crash. Instead, create a mix of stocks and bonds that suits [...]

It takes 16 months to pay off credit card balance in this cityThree Texas cities -- San Antonio, Dallas and Houston -- are among the top five in the country where [...]

Disneyland Paris under investigation over wonky pricingRead full story for latest details. [...]

 

Fortune Magazine

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Reuters Business News

LONDON (Reuters) - Ex-trader Tom Hayes was sentenced to 14 years in jail by a London court on Monday [...]

ATHENS (Reuters) - Greece's stock market closed with heavy losses on Monday after a five-week s [...]

DETROIT (Reuters) - U.S. auto sales were stronger than expected in July and kept the industry on pac [...]

WASHINGTON, (Reuters) - U.S. construction spending barely rose in June as private outlays posted the [...]

WASHINGTON (Reuters) - U.S. consumer spending in June advanced at its slowest pace in four months as [...]

(Reuters) - Wall Street was lower on the first trading day in August as oil prices touched a six-mon [...]

NEW YORK, (Reuters) - Growth in the U.S. manufacturing sector edged up in July, according to an indu [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

NEW YORK (Reuters) - The U.S. dollar hit a 1-1/2-week low against the safe-haven yen on Tuesday afte [...]

BUENOS AIRES (Reuters) - Crunch time for Argentina fixing its debt default will almost certainly not [...]

 
 

Post Tagged with: "Psychology"

 
  • Ben Ambridge: 10 myths about psychology: Debunked

    Ben Ambridge: 10 myths about psychology: Debunked

    Ben Ambridge: 10 myths about psychology: Debunked   How much of what you think about your brain is actually wrong? In this whistlestop tour of dis-proved science, Ben Ambridge walks through 10 popular ideas about psychology that have been proven wrong — and uncovers a few surprising truths about how our brains really work.

     
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  • Dan Gilbert: The psychology of your future self

    Dan Gilbert: The psychology of your future self   “Human beings are works in progress that mistakenly think they’re finished.” Dan Gilbert shares recent research on a phenomenon he calls the “end of history illusion,” where we somehow imagine that the person we are right now is the person we’ll be for the rest of time. Hint: that’s not the case. 

     
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  • Needs: What’s Real & What’s Aspirational by Dr. Bill DeMarco

    Needs: What’s Real & What’s Aspirational by Dr. Bill DeMarco

    Values, History and Folklore, are the core elements of culture at a point in time.  They are our link to our personal past…handed down to us by all those who came before us. This is true of our ethnic culture, our tribal culture, our national culture, our religious culture, and our personal culture, to name just a few.   Since we are the link to our past, we are caretakers of something precious as we hand it down to future generations.  Since culture is a living thing, it does change over time, but ever so slowly.  Just think about it; there is some behavioral mannerism, belief, perception that you got from an ancestor who lived a hundred or many hundreds of years ago.  To use a modern expression, “You are Connected”.  There really is nothing new under the sun, other than our choice of what we will do with our cultural inheritance.  Since culture is a living phenomenon, we will make our choices and then pass the culture on to future generations, along with our contributions.  That is the way it is and that is the way it will continue to be. Image 1: DeMarco Culture Model © 2003 Dr. Bill DeMarco All of this gets us back to our discussion of Values.   I described Values as “the unique blend of perceived Needs, Beliefs, and Attitudes that live in the behaviour of most members of a society”.   Needs are one of three segments of the Values element of my Culture Model (Image 1).  Needs, along with Beliefs and Attitudes, taken separately and in their interaction, make up our unique Values proposition. Within a cultural context, Needs are similar to what Abraham Maslow (Image 2) describes as the fundamental requirements for survival, safety and belonging. They have everything to do with the necessities of the human condition, and nothing to do with a luxury car in the garage, a kitchen with granite counter tops, and two weeks in Saint Kitts! The latter, at the extreme end, has more to do with our image of “Esteem”.     Image 2: Maslow’s Hierarchy of Needs     Maslow’s work linked Needs to motivation.  While his groundbreaking work is still challenged by some, I find his conclusions compelling.  Satisfying individual and group needs at the three basic levels in the above image greatly facilitates our ability to incorporate our Beliefs into our Values system. Remember I wrote earlier that if we want to know what our real values are, look at our behaviour and not our words.  There is a strong link between our ability to survive and our ability to put our Beliefs into action.   Here is a simple exercise that can help identify our real personal needs. It involves reading and reflecting on the bottom three categories of Maslow’s Hierarchy of Needs (Image 2).  Then make a list of what those Needs look like in your life.  Put that under a category labeled “Needs”.  Everything else that comes to mind, put under a category labeled “Wants”.  […]

     
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  • What if Fear Were Just a Feeling?: Terri Cole

    What if Fear Were Just a Feeling?: Terri Cole     Terri Cole is a licensed psychotherapist known for her holistic approach, combining practical psychology, thought innovation, and harnessing the power of intention to create sustainable change. She has a unique ability to take complex theories and translate them into actionable steps you can implement into your daily life.

     
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  • Empowering Meaningful Connectedness: Claire Huijnen

    Empowering Meaningful Connectedness: Claire Huijnen   Claire Huijnen describes herself as a peoples person, interested in connectedness. She specializes in Companion Robotics and is a cognitive psychologist & UX designer. Claire’s mixed educational background of Cognitive Psychology /Human Factors (Maastricht University, NL) and a second post-doc Master from the Technical University (Eindhoven, NL) on User System Interaction gives her the ability to co-innovate from a user’s perspective. Claire loves to co-create innovations – together with (other) passionate people – striving to empower people to better care for themselves and for their beloved ones (as they age). Empower people to connect meaningfully and feel connected. Enable people to create, share and enjoy special moments.  

     
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  • the psychology blog: How Memory Works: 10 Things Most People Get Wrong

    the psychology blog: How Memory Works: 10 Things Most People Get Wrong

    xxzulaxx: “If we remembered everything we should on most occasions be as ill off as if we remembered nothing.” ~William James ______________________________________________________ It’s often said that a person is the sum of their memories. Your experience is what makes you who you… the psychology blog: How Memory Works: 10 Things Most People Get Wrong

     
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  • Psych-Quotes: The REM Cycle and How Experiences Affect Our Dreams

    psych-quotes: Dreams, being “wibbly- wobbly”, “bumpy-wimpy stuff” in our craniums, has always been an interesting topic for scientists, philosophers, and every other human. There are so many routes that no one gets tired pondering about it. Are our brains trying to tell us something or… Psych-Quotes: The REM Cycle and How Experiences Affect Our Dreams  

     
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  • Human beings are funny – Sigmund Freud

    Human beings are funny. They long to be with the person they love but refuse to admit openly. Some are afraid to show even the slightest sign of affection because of fear. Fear that their feelings may not be recognized, or even worst, returned. But one thing about human beings that puzzles me the most is their conscious effort to be connected with the object of their affection even if it kills them slowly within. Sigmund Freud  (via psych-quotes)

     
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  • The Power of Dreams: Kerstin Karu

     
  • Investment Behavior Trends

     
 
 
 

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Reuters Wealth News

BOSTON (Reuters) - Rising interest rates could prompt money market fund sponsors to stop waiving up [...]

LOS ANGELES (Reuters) - Encouraging more women to pursue careers in science, technology, education a [...]

BOSTON (Reuters) - Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in J [...]

BOSTON (Reuters) - Billionaire hedge fund manager John Paulson, one of the world's most influen [...]

(Reuters) - State public pension funds love buying shares in local companies, but it is not so much [...]

(Reuters) - The founders of Vermillion Asset Management have left the firm after an exodus of invest [...]

NEW YORK (Reuters) - Investors worldwide pulled $1.2 billion out of precious metals funds in the wee [...]

(Reuters) - Many wealthy people struggle to talk to their children about how much money they have. W [...]

(Reuters) - U.S. fund managers raised bond exposure in their model global portfolios and cut their r [...]

LONDON (Reuters) - U.S. equities' share in global portfolios fell to the lowest in at least fiv [...]

 

MarketWatch Personal Finance

Investors are flocking to Google, Amazon and other big names. But some smaller momentum plays includ [...]

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Does more money lead to better employee performance? [...]

The bull market might end and the Fed is about to raise interest rates, two events that will sock yo [...]

Two homebuilders make the list, a good sign for the housing market, says Phil van Doorn. [...]

If I sell it, I can then give our daughter a less expensive toy. [...]

If you are, put your money where your mouth is and buy put options, says Brett Arends. [...]

 
 
 
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