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”
The Glorious Road to the Memorable 1904 St. Louis World’s Fair
Such was the condition of France throughout the period of the French Revolution. The new government, recognizing its tenuous position, organized a series of festivities beginning with the Festival of the Federation held on July 14, 1790, a year to the day about that aforementioned mob stormed the Bastille. During the final stages of Révolution française, well after the Reign of Terror, the Directory ruled France. In 1798, a little more than a year before the coup d’état that ushered in a new triumvirate that included Napoleon Bonaparte, the Directory decided Continue Reading “The Glorious Road to the Memorable 1904 St. Louis World’s Fair”