Can you retire on $40M?
I should have seen that coming. If you are going to have a $40 million asset, it shouldn’t only make sense to have it be your first $40 mill.
Are there many other ways to diversify your investments?
If you’re still in school and you need a portfolio, I think that it makes sense to be investing in equity funds and in alternative bonds, and those should both be a part of this.
Also remember that investing in bonds is the way to go when things get really rough. What if it goes down 20 percent? That would be catastrophic.
Do you recommend doing your own calculations?
I have been doing this for a long time and I think many people would be surprised at how much things can vary with the numbers and things like your credit scores, the value of the stock market, the value of your house, and so on.
This was always a fun process for me to study the markets and to learn what they’re really talking about.
You had this huge financial impact during that time, but the next time is about to come around.
This feature appears in the October 2017 issue of W magazine. Click here to subscribe.
How is it possible that one of the great American myths can cause so much turmoil and misunderstanding? On January 2, 2016, as President-elect Barack Obama departed to Kenya, it came out in The New York Times that the President Obama had visited a “school for troubled youths.” Many called the White House a “school,” and the word was immediately associated with an elite enclave, an upscale boarding school or a charter school. This article may be of interest.
The White House is named for the President’s father (1889-1972), and it’s a place that can give you a good education. The story, though, isn’t the school on the map or the school on the map. It’s about the fact that you can move from one school to another and have very different experiences there.
What’s so remarkable about the Obama school is that it’s so rare. When the President visited Washington, D.C., in the fall of 2015, to celebrate his presidency, it was the seventh school he attended since entering the White House, and as the first family moved from Martha’s Vineyard onto the West Coast, the President’s first private school became the seventh school he attended anywhere on the globe