In the spring of 2004, having just graduated from college, this international student from Hong Kong, desperate to find employment in hopes of remaining in the country, was very fortunate to land a job that, to this date, still makes him feel humbled as there is so much more to learn and grow. A dozen […]
Voting on the Brexit
Will the United Kingdom Leave or Remain in the European Union? In recent years, there has been heated rhetoric in the United Kingdom (UK) about whether to stay in the European Union (EU). If all goes as planned, Britons will vote June 23 on a referendum about whether to leave or remain in the EU. […]
Mind Mapping Your Financial Life
Remember this graph from last quarter: the Summa Global Mind Map? It is a graphical illustration of our service model. This time, let us apply the process on what matters most – you. As you read this letter, it will become clear how easily your financial picture can be drawn and depicted using mind maps. […]
Do Not Fear the Bear! Managing Emotions During Volatility
An old Zen parable tells of two monks, sitting in the courtyard of their monastery, observing a flapping pennant. “The wind is not moving,” opined the one monk, “it is the pennant that is moving.” “No,” said the other, “the pennant is not moving the wind is moving.” The oldest and wisest Zen master of […]
The Summa Global Mind Map
A career in financial services does not come with the glamour or respect that other professions do. There are countless TV dramas and movies praising professionals in the medical industry, law enforcement officers, educators, and even athletes. The most recent movie portraying our industry I have seen is The Wolf of Wall Street, a movie that […]
Zero Peer Pressure: Global Rate Compression Continues
In September, the Federal Reserve (Fed) voted to leave the federal funds rate unchanged. Numerous factors affected this decision, but perhaps the most important factor considered was the tenuous global economic situation. Raising U.S. rates at this critical juncture would have the effect of exacerbating currency and rate differentials across many countries. Higher rates just […]
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