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Issue 401 – 11/13/2020

This week’s highlights: Have sweatpants peaked? The end of the Intel era in processors, and Moroccan cooking


From my walk on Monday afternoon

Issue 401

by David Wells – Nashville TN

Happy Friday –

Hope it is a great weekend for you. 

Original Content This Week –

  • Creating a Wealth Surplus to Pass to Future Generations  A “surplus” of family wealth is a gift that current generations give to future generations by voluntarily choosing to limit the benefits from wealth that current generations receive.  This sort of abnegation is a compact that the family must enter into collectively – not coercively – with the mindset that there are greater rewards that arise from seeing the family’s continued prosperity for generations to come vs. the consumption of financial resources by current generations. 
Best,
 
David

 


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My Forthcoming Book:

When Anything is Possible – Wealth and the Art of Strategic Living, on January 12, 2021.

However wealth arrives – whether made or inherited, it can be a disorienting and worrying experience. When Anything is Possible is meant to be a guidebook about how to engage thoughtfully and strategically with wealth.  Doing so requires a person to articulate 3 key items –  Wealth Structure, Wealth Identity and ultimately a Wealth Strategy.  The book walks through each of these items in great depth, and guides the reader through a process to develop each.

If you are interested in learning more, visit here and download a free chapter.

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