We, the boomers, became so focussed on and enamoured with getting richer and richer that we too often forget about life balance and the future (of your kids, grandkids etc.). It is worth to stop and reflect. Just like prof. Scott Galloway does https://youtu.be/7M6rexFnBvw?si=Vl9rUXIMOY6F4cUe It should never be just about the money we'll make the next quarter, year or five.
Galloway is interesting, articulate, and wrong. There is no "transfer of wealth" from young to old since the "old" don't benefit from the rise in house prices since it is the same old house, they were just smart enough to buy one to protect against the inflation the leaders Galloway likes cause through silly fiscal and monetary policy. The house didn't rise in value, money declined in value.
Our kids will do fine if they grow up self-reliant, embrace hard work and strive to do well in school. What separates kids from success is effort, not their parents or grandparents.
B.C. University Paul Hershaw spouts the same stuff as Galloway, is the founder of "Generation Squeeze" and claims the same thing - that there is a transfer of wealth from young to old. In reality, the young have no wealth to transfer and inherit the wealth of their parents when the parents pass.
The problems young people face are caused by the leftists they help elect who promote a sense of "entitlement", a "something for nothing" mentality, and the concept that the world owes you a living. Grow up. It doesn't owe you anything.
Money is a false god. What makes people happy is the sound of children laughing, music, art, a walk on the beach, holding hands with someone you love, etc. I grew up in abject poverty and never had an unhappy day.
Trump tariffs are inflationary but Biden ones probably wouldn't be :)That's my read
We, the boomers, became so focussed on and enamoured with getting richer and richer that we too often forget about life balance and the future (of your kids, grandkids etc.). It is worth to stop and reflect. Just like prof. Scott Galloway does https://youtu.be/7M6rexFnBvw?si=Vl9rUXIMOY6F4cUe It should never be just about the money we'll make the next quarter, year or five.
Galloway is interesting, articulate, and wrong. There is no "transfer of wealth" from young to old since the "old" don't benefit from the rise in house prices since it is the same old house, they were just smart enough to buy one to protect against the inflation the leaders Galloway likes cause through silly fiscal and monetary policy. The house didn't rise in value, money declined in value.
Our kids will do fine if they grow up self-reliant, embrace hard work and strive to do well in school. What separates kids from success is effort, not their parents or grandparents.
B.C. University Paul Hershaw spouts the same stuff as Galloway, is the founder of "Generation Squeeze" and claims the same thing - that there is a transfer of wealth from young to old. In reality, the young have no wealth to transfer and inherit the wealth of their parents when the parents pass.
The problems young people face are caused by the leftists they help elect who promote a sense of "entitlement", a "something for nothing" mentality, and the concept that the world owes you a living. Grow up. It doesn't owe you anything.
Money is a false god. What makes people happy is the sound of children laughing, music, art, a walk on the beach, holding hands with someone you love, etc. I grew up in abject poverty and never had an unhappy day.
Good advice !