[Previously: Roommates for Sale – Frank: The Designated Driver]
After Spike (a.k.a. “Pierce”) left The Roommates (yes, there was a fifth Roommate) in 1979 to join the Marines, a rather expansive punk group which qualifies for government assistance, the boys needed a drummer. Most critics would have agreed that, even with Spike, The Roommates needed a drummer. Spike brief time with the three originals did leave three permanent marks. First, it was Spike’s hidden love for martial music that set the early war-like tone of the proto-group. Second, he inspired Ted to write his first hit, the now famous folksy rag “Blond-Haired Boy from Brooklyn.” Finally, Spike gave the other members something they would need to catapult them to instant fame: Continue Reading “The Solver – Rich: The Final Piece of the Puzzle”
The True Legacy of Ben Franklin’s Last Will and Testament
The following represents a chapter excerpt from the forthcoming book From Cradle to Retirement – The Child IRA – How to start a newborn on the road to a comfortable retirement while still in a cozy cradle (Pandamensional Solutions, Inc., September 2017). If you know of millennials (or baby boomers) who are parents (or grandparents), especially if they own their business or are part of a closely-held/family business, you may want to encourage to pre-order the book through Kickstarter project: “Child IRA Book – Is Your Child’s Future Worth $1,000 a Year.” Professional might want to take a look at and back this project, too, because it offers several low-cost opportunities to brand their business in this large and growing market.
Ben Franklin may have been teased into starting twin 200-year trusts in Boston and Philadelphia, but he nonetheless realized a great idea when he saw one. He even recognized the potential obstacles that might present themselves to those tasked with executing his grand plan. More important, we now recognize that, all other things aside, Franklin should be applauded for his eternal optimism in the nation he helped found.
The history of his legacy trusts – The Franklin Trust of Philadelphia and the Franklin Foundation of Boston – instructs us on both the power of compound interest and the dangers of relying on public officials to manage money for the long-term. We might even Continue Reading “The True Legacy of Ben Franklin’s Last Will and Testament”