The family that saves together

Bill Bonner’s Diary

The Family That Saves Together

By Emma Walsh, Managing Editor, Bill Bonner's Diary

This week, with the Diary team taking some time out with family and friends, we revisited some of Bill’s earlier essays all about family wealth.

Most people are focused on building wealth for themselves. They hope it will also benefit the next generation. But typically, family wealth adheres to the old “shirtsleeves to shirtsleeves in three generations” adage.

So how can you make sure your family holds on to its wealth past that?

Bill explores the secrets of the renowned Old-Money families to find out…

Regards,

Emma Walsh
Managing Editor, Bill Bonner’s Diary


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Here’s What Separates the Rich From the Rest
Today’s essay first appeared in one of Bill’s earlier books, Family Fortunes. He wanted to know how to build family wealth… and ensure future generations of Bonners hold onto it. To start, he looked at what the rich do differently from the rest…



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A Meritocracy of Wealth
In today’s essay, Bill wonders if preserving wealth is best served by creating a level playing field… or by giving our children and grandchildren every advantage we can…



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Old-Money Values – Part I
As families gather over the holidays, Bill looks at behaviors to avoid if they want to turn their wealth into “Old Money” that will last generations… His list of “not cool” things starts with something that is perhaps the most obvious… but the most difficult to resist…



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Old-Money Values – Part II
Today, Bill continues his advice for families wishing to adopt an “Old Money” outlook. All the hard work and sacrifices involved in building your family’s wealth can be for nothing if your family doesn’t avoid these pitfalls.



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Season’s Greetings!
Greetings of the season to all Bill’s Diary readers. We hope you’re enjoying quality time with your family and friends as this momentous year comes to a close.



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Only a Bonner Would Do This
Today, Bill’s eldest son, Will, tells us about a trip to the family ranch in Argentina that nearly killed him… but which proved to be very fruitful indeed!

Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com.


Recommended Links


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Investing Genius Reveals His Winning Formula
For the first time ever… Bill Bonner – founder of the largest “underground” financial research firm in the world – has released his winning formula:

TS = rv (w-w – w-l)

Analysts are calling it, “Bonner’s Law.”

And it raises a crucial question:

“Ours is not a formula for action... And it leads to a shocking and treasonous question:

...if [Deep State faction] only traffics in win-lose deals, why do we allow it?”

Once you know Bill’s secret formula… you’ll never look at the world in quite the same way ever again.

He explains all the details in his latest – and last – book.

Get your copy right here before they’re gone.

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LEAKED – Crazy New "Money Plan" (Pelosi/Gates/Fed)
Nick Giambruno, of Casey Research, just got his hands on a leaked plan from Speaker of the House Nancy Pelosi… And it's downright scary.

If you've got over $5,000 in a U.S. bank, credit union, or in a retirement account… You are at risk. The idea behind Pelosi's plan has the backing of Bill Gates, the Clinton Foundation, Visa, J.P. Morgan… Even the Fed is getting ready for "the Switch."

All evidence suggests it will get underway January 1, 2021.

Watch urgent update on "the Switch" here.


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