Joshua Kennon is a Managing Director of Kennon-Green & Co., a private asset management firm specializing in global value investing for affluent and high net worth individuals, families, and institutions. Nothing in this article or on this site, which is Mr. Kennon's personal blog, is intended to be, nor should it be construed as, investment advice, a recommendation, or an offer to buy or sell a security or securities. Investing can result in losses, sometimes significant losses. Prior to taking any action involving your finances or portfolio, you should consult with your own qualified professional advisor(s), such as an investment advisor, tax specialist, and/or attorney, who can help you consider your unique needs, circumstances, risk tolerance, and other relevant factors.

People Who Work For Themselves Can Make More Money

A Look at Household Net Worth and Household Income By Age Group from the 2010 Survey of Consumer Finances

Interesting fact: Do you want a financial “A” in life?  To achieve it, and rank in the top 5% of households (making you richer than 95 out of 100 families), you and your spouse need a combined pre-tax income of $205,300 and a net worth of $1,864,100. [mainbodyad]That is according to the triennial Survey of Consumer Finance, which was…

Ritz Carlton Hotel Suite

Booking a Business Trip with My Father Is Like a Comedy Routine

In some ways, I am my father’s son.  In other ways, I take after my mother.  When it comes to travel and an affinity for technology gadgets, I definitely take after mom.  In fact, in these two areas, my dad and my personalities are so far apart, it is almost comical.  It rarely comes up now that I’m an adult with my own family, but occasionally, we are involved in a joint project of sorts that requires us both to be in a city.  This happens to be the case this morning and booking the trip was like Iran and Israel trying to agree over peace terms, only a lot friendlier.