“Volatility is back,” a Portfolio Manager from First Fiduciary Trust declared at a business lunch last week. She, and the subsequent panel speakers, were talking about the recent plunges and surges in the stock market. After more than a year of rising stock prices and very low (if any) volatility in the market, the last couple of weeks have proven that those calm waters may be a thing of the past. Uncertainty once again rules the market, and therefore our financial wellbeing.
Years ago, when I was married to the President of a Fortune 500 company, I went to a black-tie event at the San Francisco De Young Museum. For whatever reason, it had been a bad day. As I walked into the reception, the first people I came upon were two of San Francisco’s A-List socialites who I thought, in my naïveté, were friends.
The tagline of my business is “Your values, vision, and money,” which makes the first question I ask my clients natural and obvious: “What are your values?” Ah, you say, what do you mean by values? Values are the fundamental beliefs a person holds, which can serve as a guiding force in one’s life.
“Wonder is the beginning of wisdom” - Socrates
A few weeks ago, I attended the AiP conference (Advisors in Philanthropy) for business professionals engaged in various philanthropic advisory practices. For two days, I was among others in the space in which I now live – helping people engage in philanthropy. I was surprised by two things:
You are a busy person. You juggle so many balls in the air, you could join a circus with your prowess. You are highly networked. You are also a philanthropist. You advocate for causes important to you. YOU are exactly the person I would ask to join my board if I was a nonprofit.