Karen DeMasters of Private Wealth quotes Leslie Thompson, managing principal of Spectrum Management Group, in an article about the transfer of wealth to the next generation. Thompson discusses the firm's work with high net worth clients, and explains that many people are not having conversations about this topic because they do not know how to start talking about it or what to say.
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To live a long life, work forever. At least that's what one of Japan's leading doctors believed -- and he was his own proof. Before his death on July 18, 105-year-old Dr. Shigeaki Hinohara was a practicing physician, a chairman of St. Luke's International University and the honorary president of St. Luke's International Hospital.
The value of the dollar has fallen steadily since the beginning of 2017. To take one example, the number of euros that can be obtained for one dollar has declined to the lowest level in more than a year. The dollar has also declined against the Brittish pound, the Japanese yen and the Chinese renminbi.