Why Investors Are Turning to Private Real Estate Secondaries—and How Insurance Can Secure Returns

Key Takeaways About: secondaries in private real estate. Secondary market transactions occur when existing investors sell interests in private property funds or portfolios. These transactions provide both liquidity and price discovery to holders and offer purchasers the opportunity to access seasoned assets at discounted cash flows. Sellers often seek capital reallocation or balance sheet relief. […]

528: Investing Is More Like Poker Than Chess

Podcast: Download

Most people picture investing as a game of chess. Everything is visible on the board, the rules are clear, and if you’re sharp enough, you can see ten moves ahead. But markets don’t work like that. They shift in real time—rates change, policies flip, black swan events crash the party. That’s why I think investing […]

Legacy Planning With Trusts: How to Build, Manage, and Transfer Your Wealth

Key Takeaways Legacy planning with trusts is a legal strategy to control and distribute wealth to designated heirs. Trusts enable control over the timing and manner of property distribution, minimize probate delays, and can provide tax advantages when properly established. Types of trusts cover revocable, irrevocable, and special needs trusts, aligning with particular objectives. Clear […]

How to Hedge Your Portfolio Against Deflation Risk

Key Takeaways Deflation risk portfolio hedges minimize losses when prices decline economy-wide. These range from cash and high-quality government bonds to inflation-protected securities with deflation provisions and options strategies that appreciate when prices decline. All come with trade-offs in return, liquidity, and cost. Investors triage these considerations according to risk appetite, time horizon, and portfolio […]

Donor-Advised Funds: A Practical Guide to Structure, Benefits, and Impact

Key Takeaways Philanthropy donor advised funds are charitable accounts that allow donors to give now and grant later. They take cash, stocks, and other assets, provide instant tax advantages, and enable charities to get grants over time. Donors suggest grants as sponsoring organizations manage regulatory and administrative tasks. Many donors use these funds for planned […]

Why High Earners’ Behavioral Biases Are Costing Them Money

Key Takeaways Behavioral biases high earners are common patterns of thinking that affect decision making among people with high income. Things such as overconfidence, loss aversion, confirmation bias, and status quo bias influence investment decisions, job decisions, and consumption decisions in quantifiable manners. Identifying these patterns aids in minimizing expensive errors and optimizing future results. […]

How to teach kids about money: practical strategies for parents

Key Takeaways Teaching kids about money means giving them easy-to-understand, straightforward lessons on saving, spending, and giving. Topics include allowances, budgets, simple investments, and family wealth values. Age-appropriate steps employ real-world examples, bite-sized activities, and simple rules to develop skills and habits. Parents and educators can customize approaches to align with household goals and cultural […]