Sunday, July 29, 2007

Skills Camp for Trust Fund Kids

Well, not exactly kids. These heirs and heiresses are in their early to mid-20s.

Can they learn the skills needed to hold onto the millions they may shortly receive? In this op-ed piece for the L. A. Times, The Wall Street Journal's Robert Frank sounds doubtful. Few of these wealthy young adults could tell him the difference between a stock and a mutual fund.

The "Financial Skills Retreat" was produced by IFF Advisors.

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