Perpetually Looking Forward

Investing in financial markets successfully is inherently difficult for human beings as it generally requires disciplined adherence to an organized investment plan, investment diversification, and patience. Such discipline is difficult for investors to achieve because human beings are not in fact, rational creatures. Despite our ability to reason, plan, and think before acting, our emotions play a key role in how we behave each day.

Succession planning is important for any business, but it’s especially critical for family businesses. Unfortunately, many family business owners put off succession planning due to concerns about disrupting family relationships. 

With graduation season just around the corner, now is a good time to think about how you’ll pay for your child’s or grandchild’s college education. The rising costs of higher education can make financing college challenging even for affluent families — especially if you plan to send your children to private universities.

Every year since 2011, we have hosted The Simon Quick Annual Charitable Golf Outing to raise funds for charitable organizations in the Morris County area. Last year we made the tough decision to shift to an online fundraiser. However, we are excited to announce that this year the event will be in-person at Plainfield Country Club, which will follow all COVID safety protocols as defined by the state and the club. The outing will support nourish.NJ, a community based nonprofit organization creating lasting solutions to hunger, homelessness, and poverty in the Morris Country area.

Individuals and families choose to give money to charitable organizations for many different reasons. Sometimes, these reasons are personal — for example, to support a specific cause or organization or to leave a personal or family legacy.

After spending decades working long hours as an entrepreneur or executive, you may be dreaming of the day when you can enter a leisurely and relaxing retirement. You might even be thinking about retiring before what is generally considered to be the traditional retirement age in the U.S. of 65 years old.

It is always a pleasure when I can highlight the significant achievements of our Simon Quick team members. Partner Emeritus, William E. Simon Jr. co-founded UCLA’s Value Investing Program with Professor Andrew Atkeson in 2018.

If you’re like many successful Americans, you may find it hard to achieve the right work-life balance. Two-thirds of U.S. employees currently say they don’t believe they have a proper work-life balance while one-third say they regularly work on weekends and holidays.