Optionality in investments refers to the right to do something, but not necessarily the obligation to do so. The right combination of optionality and underlying portfolio assets more often than not leads to better outcomes than a traditional portfolio. Building optionality into your life, particularly early on, can lead to better life outcomes, too.
Summary This blog will focus on three things: Developing a family structure (both formal and informal) that will help us live our lives according to our values while building the bonds among generations. Find ways to turn high income into real and lasting wealth that can help jumpstart the lives of current and future generations… Continue reading What to Expect from this Blog
When hearing the term Family Wealth, do you just assume a big pile of capital supporting a family? I used to, and frankly, this is the most important component, but it is definitely not the end all be all. However, Family Wealth (notice the capital letters) consists of much more than just money in the… Continue reading Real Family Wealth
The most efficient way to ensure wealth for your family is to build your career early on. For most, focusing on your career in your 20s will have a substantial payoff. While in your 20s, you likely don’t yet have children or other obligations like aging parents or a big mortgage to pay. And the… Continue reading Career Foundations: Skills, Contacts, and the Right Job in your 20s