Wealth Management

When markets reach record highs, investing new money can start to feel like a potential mistake. However, if the general direction of movement is upward, the market tends to spend much of its time passing its old high-water mark and setting new all-time highs.

Back in September 2017, I wrote a piece called “Who Wants to be a Trillionaire?” At the time, the idea felt like a thought experiment. The sort of question you throw around over dinner: what would you actually do if you had more money than you could ever spend? I opened that article with a simple example. Imagine being handed $1 million and spending $1,000 every day. You’d be finished by around 2020. A billion? You’d have needed to start somewhere around 700 BC. But a trillio