Tag Archives: delta

Wall Street’s Sharknado

The Story: If you’ve seen the movie, “The Big Short” that’s me (Brad Pitt – I wish, or maybe a hybrid of Pitt and Steve Carol.) Point is, I was at the epicenter of the collapse, feet on the ground, in Manhattan, on Wall Street – the day it all went down.

Mass chaos doesn’t do justice to describing the “Eye Wall” (pun intended) of this killer economic hurricane. It was sharknato.

sharknado

My story is rich with fear and greed, corporate corruption, big time attorneys, Wall Street, Main Street, from the highs of Heaven to the lows of Hades.

After pouring my young heart and soul into helping people, to the best of my ability, I realized the corruptness of mega-corporations. Understanding the only true purpose of a corporation, by definition is to build shareholder wealth. “At all cost” should be copied and pasted into Webster’s or Wikipedia (wait, I can do this myself.) Short term visionaries are responsible for ‘making the quarter’ and without regard to anything else, a plan is put in place to do just this. During the financial Sharknado of 2008, this left individuals, families and even the null soul of corporations devastated, it changed the people we are.

This leads me to allow anger and pain between me and the corporation. “Let it pass through.” I tell myself, it’s a mute point, null because the corporation does not care, it does not know how to feel – a corporation is an entity. It also helped me realize shrinking my circles was a good thing. The “Circle of Trust”, like Robert De Niro so eloquently described in the movie, “Meet the Parents” was immediately roped, with barbed wire, electric fences and super k-9’s named Cujo.

Some hid under their desk, whilst the storm passed and a few years later, peeked around to assess the damage. What they saw were clients crushed because half their life-saving disappeared. Retirement dreams shattered, homes up for sale, relationships severed, nervous breakdowns and even suicide was the aftermath. An economic storm that left a wake of broken people, confused, lost and knowing not, what to do next.

The Reality: Fortunately, we the people will win the war, but the toll of battles fought, between Daniel (Main Street) and Goliath (Wall Street), left our spirits broken, our minds and body tired and our bank account empty. No one ever really wins a war.

No one ever really wins a war.

The Outcome: The crucial blow, taking up to 5 years, or longer regain composure, left us alone and somewhat scared.

So, it’s time to evaluate the man in the mirror. If you don’t like what you see, make a decision to change life’s intention, from “More, Bigger, Faster” to “Leaving a legacy of positive impact, on others and the world.”

Re-organize life, a continuing process, and live simply. Create a workable plan to do more of what you love, improving quality of life, and work towards your legacy. Continue to “Fill the bucket” with dreams. Surround yourself with good people. Once this is done, there is no mountain too great to climb.

The journey starts not with having new vistas, but with having new eyes. ~Marcel Proust

 

cropped-ck-photo.jpgCharles Kochel founded Yield Wealth Management, helping people align their financial resources with what matters most to them. Yield Wealth is the first benefit corporation in Arkansas.

Charles also serves a non-profit, helping people of all ages reach their full potential. If you’d like to learn more about Yield Wealth, and how you might benefit from ‘mindful wealth management’ visit our website, http://www.yieldwealth.com.

Contact: charles@yieldwealth.com

Tackling The Titanic

Samantha, a young ant, graduated, magnum cum laude from University of Antansas, and set out to change the world.

ants

What she initially found, stepping into the “real-world” is an ocean of diversity, filled with gargantuan issues too complex to tackle. Feeling tiny, alone and helpless, her focus became more about survival than positive change.

One week in January, it rained every day, and started to flood. The single ant, Samantha, was swept into Wishing Springs. Fighting for survival, she comes across a raft, made of ants. She climbs aboard to safety.

Only to look down and realize, the raft was built using helpless baby ants as floating life-preservers. Sticking them, at the very bottom of the life rafts, they build with their own bodies.

Ants, bonding together to create a buoyancy and thus, increasing survival. Such is life, ants die, but the colony must continue to survive.

boat and canal

Time passes quickly. The young ant, Samantha, now half way through life, sees the world different from before, not more beautiful, not less, just different. Perception, maybe.

One week in January, it rained every day, and started to flood. The single ant, Samantha, was swept into Wishing Springs. Fighting for survival, she comes across a raft, made of ants.

But instead of climbing on the raft made of ants, she quickly finds a stick, and then another and binds them together, with a blade of grass. She builds a raft from floating sticks, and help ants from the floating ant raft, aboard the stick raft.

Getting their head above water, they were all able to breathe, moving from a fate of death and freeing them opportunity to thrive.

Actions taken for positive impact, doesn’t have to change the world to be important. One ant can’t do it alone, but together we make a difference. Together we can leave this world a little better than we found it. What ants do for themselves dies with them, what they do for other ants and the world remains, and is immortal.

cropped-ck-photo.jpgCharles Kochel lives in the ozark mountains of Arkansas. He likes good stuff, like good people, good food and good music.

Charles fly fishes, wishes he could jam a mandolin and wants to leave a legacy of positive impact for others and the world.

His mantra – “The journey starts, not with having new vistas, but with having new eyes.~Marcel Proust

Do No Harm

Mindful Wealth is about putting your whole heart, mind and soul into everything you do, including your financial resources. Too many times have we heard, you can’t serve two masters, in the case of wealth management, you can – investing for profit and making a positive impact in society.

It’s time we all take a look at our portfolios and make sure they are aligned with what matters most in our life. If you’re new to the term “impact investing”, it is a bit overwhelming. The alphabet soup of ESG, SRI … they go on and on.

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To educate further on impact investing, we need to clarify some myths.

  1. Impact Investing earns lower returns – The reality is the US core sustainable portfolio outperformed the Russell 3000 over a 5 year period, ending March 31, 2015 by nearly 30 basis points.
  2. There are limited investment options – In 1995, impact investing had only about 100 funds representing about $500 million. 2014, over 900 funds representing over $6.5 Trillion.
  3. Impact Investing is fringe and uncrowded – Many of the largest, most mindful institutions, companies and money managers have adopted the principles of Impact Investing.
  4. There’s one way to do impact investing – Engage investors to learn what matters most to them. Divest your portfolio, until it does no harm and invest to make a difference … it’s this easy.
  5. Your investing and Philanthropy should be kept separate – A portfolio that does not harm and makes a positive impact on society has an expected return par to a portfolio for financial return only.

The notion that what makes a good fiduciary investment and what makes a good societal investment are distinctly different, are just not correct.  ~Tim Schmidt, CIO, Prudential Insurance

We help foundations and families align their financial resources to what matters most, their mission in life. For more information about how to get started investing and doing good, contact our team at Yield Wealth. info@yieldwealth.com. http://www.yieldwealth.com.

It’s time to make the world a better place. Let’s cut harm from our investments and focus on making a positive impact on society.

Charles KochelCharles Kochel founded Yield Wealth Management to help foundations and families align their financial resources with what matters most.

Yield Wealth is one of the first benefit corporations in Arkansas and one of the first pure impact investing companies in the south. This blog is meant for information purposes only. Do not take this as investment advice. For more information about impact investing or how to align your financial resources to what matters most to you, contact us at info@yieldwealth.com