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Women, Wisdom & Wealth: Flexibilty is an asset too!

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“Greed is good” is a classic line from the film “Wall Street.” This gem is delivered by Michael Douglas as he portrays Gordon Gecko, the evil villain from the 1987 movie. In case you haven’t heard, there’s a sequel out titled “Wall Street: Money Never Sleeps” which was released in January. Since this isn’t a movie review column, let’s suffice it to say that Gordon is getting out of prison after a very long stay and the question is “can Gordon be rehabilitated? These two movies remind me of the old adage, there are three types of animals on Wall Street; bulls, bears and pigs. Bulls make money, bears make money and pigs get slaughtered. The financial industry has undergone many changes over the past 18 months. But the most critical phase of change is taking place right now in Washington as the debate about America’s financial regulatory system takes center stage. Stay tuned. Individuals who develop sound financial planning habits are well positioned to tackle life’s bigger questions. By clarifying and quantifying your ambitions you potentially increase the likelihood of reaching the mark. Take a few minutes to identify your lifetime goals and estimate the cost and timeframe for accomplishing those goals.

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