Tag archives: investing
“Buy land, they’re not making it anymore.” – Mark Twain Over the long run, Montecito real estate has been an excellent investment. Indeed, price growth has averaged about 8% per annum over the past five years versus 7% for the greater Santa Barbara area and 6% nationally. These price premiums of Santa Barbara and Montecito […]
Republicans have railed against deficit spending for decades. But, every Republican president since 1981 has increased the Federal deficit. Only the Democratic presidents Clinton and Obama have lowered it. When the Democrats are in office, the Republicans oppose any plans to increase government spending, claiming that we can’t afford it. Even though they have no […]
Every once in a while, I have something that I feel so strongly should be presented because of its importance to community, change, and capital that I write it without a question from my readers. Ken Saxon’s work is one such example. Ken Saxon rightly is seen in the Santa Barbara community as the guru […]
Q. It is clear to me that you are passionate about impact investing. I am having trouble finding my passion. How did you do it? – Michael from Santa Barbara Thank you for the question; it really caused me to think. Very few people actually just walk into passion and success. Passion, like great love, […]
Q. I have my own money and I inherited some more from my parents. I find I am very confused about what to do with it. I buy things I don’t really need, and I give to charity but mostly only at the end of the year. I want to do something bigger and give […]
Q. I read the previous column about Jonathan Gartner and his excitement about impact investing. Isn’t philanthropy the best way to help people? I have heard that impact investing yields a low financial return. Why should I be interested in it? – Sam in Montecito Certainly, philanthropy is vitally important to our welfare at the […]
When asked by Sandy and Bob Nickerson to attend a conference focusing on Family Offices, I jumped at the chance. My multifamily office just above the new Honor Bar restaurant has families interested in the same. The opportunity to sit shoulder to shoulder with these other world-class family offices was an opportunity not to be […]