One of the great financial crisis movies is Margin Call. Set over one night at a Wall Street investment bank during the early stages of the 2008 financial crisis, the film unpacks the moral pressure, fear, and self-interest that drive the characters as the collapse...
Let your life be a pleasant surprise. Save more than you need to, mainly so you can easily and at the spur of the moment leave a large tip or anonymous gift. Curiosity and openness seem to correlate much more highly with joy than the...
Last week Geoff wrote about the deposits that really matter into all the accounts we manage, including time, energy, social, and memory accounts – plus the obvious financial accounts. If you missed his post, I highly recommend going back to it and sitting with his...
When we hear the phrase bank account, most of us immediately think about money. Checking. Savings. Investments. The financial accounts that reflect our income, spending, and saving. But over the years, I’ve come to believe we’re all managing several other types of accounts, whether we...
As I sit here writing this Brief, my wife and I are on the precipice of welcoming our first child into the world, a baby girl. Naturally, there are many thoughts running through my mind. Do we have everything we need? If not, Amazon is...
Almost exactly two years ago, I wrote about the impact of geopolitics on investing. At the time, Russia's invasion of Ukraine was a little over two years old, Israel had suffered a terrorist attack by Hamas six months earlier, and Iran had recently launched a...
A common refrain I hear from clients is: "I don’t want to be a burden to my children." Most of the time what folks mean by this is, "I don't want to need my kids' help when I'm at the end of my life," and I...
The most frequent response I hear from people when I mention having two boys in daycare is, "Just imagine the instant raise you'll get when they're both in elementary school!" Which is accurate, and helps me remember that this is just a short blip of...
Last year at this time, Crystal and I were preparing to take our kids to Europe for the first time. We chose Italy, in part, because both of our moms had always dreamed of going. We knew that if we didn't invite them, there was...
If you are like many of us in the Beacon office, you have been enjoying the Winter Olympics over the last few weeks. Whether it was bobsledding, speed skating, or one of the many other thrilling events to watch, there was plenty going on in...
