Splashed over page one of the NY Times business section Saturday was this eye-catching graphic. Unlike almost all photos or artwork in the Times, it carries no credit line. So congratulations to Anonymous for summing up the fears and limited wisdom confronting today's investor.
The accompanying article, Ron Lieber's
Memo to the Uneasy Investor, includes an off-beat suggestion from Brent Kessel of Abacus Wealth Partners:
Mr. Kessel said that if he were an estate-planning lawyer, he’d be calling clients right now to get them to address any half-finished paperwork. “Market corrections are just a foreshadowing of what death is going to feel like,” he said. “We’re all trying to avoid death. That’s what we’re wired to do as human beings.”
Trust and investment pros wishing to follow that advice should check out this WSJ item on the growing use of
Directed Trusts by business owners and real-estate developers (good luck, guys!).
The accompanying article, Ron Lieber's Memo to the Uneasy Investor, includes an off-beat suggestion from Brent Kessel of Abacus Wealth Partners:
Posts
No comments:
Post a Comment