The Power of Generosity
A great way to use wealth is through generosity. People who are generous also tend to be much happier than those people who are not generous.
The Federal Reserve meets every six weeks, and this powerful, unelected and un-Constitutional organization has profound effects on virtually every financial aspect of your life and the economy overall. After 12 years of zero interest rates, the Federal Reserve has aggressively raised interest rates over the past 12 months, and at a faster pace than any time in our history. These moves have effectively tanked the stock and bond markets, and they continue to have a huge effect throughout Wall Street. Long story short, the Federal Reserve has way too much power over our economy.
A great way to use wealth is through generosity. People who are generous also tend to be much happier than those people who are not generous.
Listen to The Financial Physician, where Lou Scatigna, CFP® talks money, markets, politics and other topics that affect your financial life.