It is evidently a no-brainer, and yet a broadly misunderstood concept: Happy employees make better companies, and better companies (should) make more money. However, translating this formula into reality is an entirely different conversation.
Could it be that the cost of operating a university -- technology, wages and infrastructure -- is rising at triple the rate of other technology, wages and infrastructure simply by being inside an institution of higher learning?
Reality is even more obvious when the two nations are measured by "ease of doing business," based on data compiled by The World Bank: the U.S. is ranked within the Top 10, but Ireland lags behind in 15th place.
Let's face it: conference calls suck. All jokes about corporate tedium aside, conference calls are not an effective means of communication. In theory, they allow people to collaborate efficiently from multiple locations. In reality, they actively work against human nature.
Tax and estate laws have changed and are likely to change again with little notice. Now is the time to insure one's planning documents are up to date and flexible, and to execute on the strategies to save and grow wealth today and in the future.
Generations X and Y have been taught to explore the world with just a few keystrokes, yet we value real-world interaction. We can order anything we want online, but we place a renewed value on shaking the hand of the people who grow the food, create the art and build the businesses.
The higher we climb mountains of debt, the thinner the air will get. Financial markets, after five years of stellar performance, appear to trade closer to this 'out-of-breath constellation,' and caution may be warranted before resuming the ascent.
The overarching solution for portfolio management is to source income from different places and to have enough liquidity in the portfolio to cover expenses. However, the optimal solution is to start planning at an earlier age and create larger and larger "pension funds."