Let parents raise their kids

From: news-journalonline.com

Controversies about “free-range parenting” illuminate today’s scarred cultural landscape. Neighbors summon police in response to parenting choices the neighbors disapprove. Government extends its incompetence with an ever-broader mission of “child protection.” And these phenomena are related to campus hysteria about protecting infantilized undergraduates from various menaces, including uncongenial ideas.

The Meitivs live in suburban Montgomery County, which is a bedroom for many Washington bureaucrats who make…

Speaking the Language of Risk

From: nytimes.com

When I say “risk” and you say “risk,” chances are high we don’t mean the same thing.

The finance industry defines risk as something measurable. It is variability within a set of known limits. You may have heard it referred to as standard deviation or even volatility. Ultimately, it represents how much an investment wiggles over time.

I’m an adviser who talks to humans. I also happen…

HNWs Worry About Unintended Consequences of a Big Inheritance
Merrill Lynch report finds parents worried about the effects of too large an inheritance

From: thinkadvisor.com

he vast majority of wealthy people plan to transfer most of their wealth to family members, but many worry about doing so absent context, conversation, guidance or accountability, according to a report published Thursday by Merrill Lynch’s Private Banking and Investment Group.

The report was based on a nationwide…

Rogoff: This Time Is Not Different (That’s a Good Thing)
Author of the classic book on financial crises argues against the chorus of pessimists who envision a new era of long-term stagnation

From: thinkadvisor.com

The case has been made again and again that Americans better get used to a secular shift to low growth and low demand, and that today’s low interest rates are a fundamental reflection of that “new normal” reality.

Enter Harvard…

Before I Go: A Stanford neurosurgeon’s parting wisdom about life and time

From: washingtonpost.com

In residency, there’s a saying: The days are long, but the years are short. In neurosurgical training, the day usually began a little before 6 a.m., and lasted until the operating was done, which depended, in part, on how quick you were in the OR.

A resident’s surgical skill is judged by his technique and his speed. You can’t be…

Join the 2015 FTJ FundChoice Advisor Summit for educational sessions on “Simplifying Your Business”.

May 13 – 14, 2015 • Denver, CO

By attending the 2015 FTJ FundChoice Advisor Summit, you will have the opportunity to network with colleagues, investment professionals, a full line up of exhibitors, and the FTJ FundChoice executive and sales team members.