They say, "The one thing you can count on in life is change." The industrial revolution, which lasted from about 1760 to sometime between 1820 and 1840 was the transition to new manufacturing processes, iron production usage, improved efficiency of water-power, the development of machine tools and began the change from wood to coal and…
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The Transition To Retirement: The Ups And The Downs
Being in the investment advisory business for more than 30 years, I've come to witness the journey to retirement with more than just a few folks. When I first started working with them they were just starting out, perhaps in a new career or with little kids, starting a college fund or that first 401(k)…
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Chestnut Celebrates Its 25th Anniversary!
While writing a check the other day and forgetting to write 2014 instead of 2013, it struck me that I started our company, Chestnut Investment Group in 1989, and according to my handy-dandy calculator, we are proudly celebrating our 25th anniversary! Time flies as they say: I remember all too well and it seems like…
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Life Is About Preparing For The Unexpected
While returning to NY recently on a flight, I was settled comfortably (an oxymoron?) in my aisle seat before takeoff, and at the last minute, a person filled the middle seat next to me. He was a kid (hey... at our age, they're all kids!) dressed typically for the day: hat turned sideways, lots of…
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