Tag archives: money
We think about money constantly. How to get it, how to keep it, and how to spend it. This is the human condition whether you are rich, poor, or just doing ok. This article is about the problem of keeping your money in a world of inflation. The Federal Reserve, the U.S. Treasury, the President, […]
I’m going to take some steel discs, slugs – you know, the kind you find in electrical outlet boxes – stamp HarCoin on them plus my profile, and sell them at auction. I will call them HarCoins. I’m going to number them serially through an RFD chip that will be embedded in the slug. If […]
Inflation is on everyone’s mind these days. Currently running at 6.2% (4.6% if you strip out food and energy), inflation is at its highest rate in many decades — since 1990 to be precise. And, although that number is unacceptably high, a historical lens can put things into perspective. From the early 1970s to the […]
Rick Caruso — founder and chief executive officer at Caruso, the owner/developer of Montecito’s luxury resort The Rosewood Miramar Beach, philanthropist, and USC Board Chair — is now taking on cryptocurrency in what is being listed as a real estate industry first, with the exception of ManageGo, a cloud-based real estate company in New York […]
How do we determine the value of things? Is it only the question of what people will pay? Some American railroad tycoon of the “Robber Baron” era spoke in terms of exacting “all the traffic will bear” – meaning that he charged not what seemed fair or reasonable, but simply as much as he could […]
Santa Barbara Fiduciary – which is based in Montecito – recently marked 11 years in business. Owner Lindsay Leonard says the idea for starting the company arose from her experience helping her grandmother navigate Alzheimer’s; Leonard says she struggled to meet the demands of rapid changes in her grandmother’s health and needs, and wanted to […]
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 […]
