Great story tellers know that people learn and understand life lessons when they are told in the form of a story, a tale or a fable. A few years ago I embarked on a project to teach my children, all 4 of them, the things that I had learned about managing money. As a first generation Cuban-American most of what I learned as a child, and most of what I still know today, was told to me in the form of a tale. The Cuban tradition, like so many others, has been passed down around the kitchen table, over good food, a strong family, true friends and the optimism that our children would contribute to a better world long after we are gone. My intent is to convey what I have learned about money, finance and investments in the same tradition. My lessons are all told in the form of a tale and since I have been advising individual investors for more than 25 years, I have lots of tales that may hit close to home. I hope that you enjoy them and let me know what you think.
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This is an excellent article: Higher Levels of Home Ownership Lead to Higher Unemployment, New Study Finds Often times people don’t understand the unintended consequences of what may seem on the surface as a greater good. Who wouldn’t be for increased hom...3 weeks ago
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