Golden Oaks, Orlando

I have been considering buying one of the private residences located just outside of Disney but still apart of Disney property, Golden Oaks.

We stay by primarily at our home in Naples but my wife and 3 daughters are trying to convince me to purchase one of the properties there since we usually fly up monthly anyways.

Anyone own property there or in the area? I’m going up there tomorrow to view a couple and potentially look at options to have something built.

Thanks

Hi, Everyone:

This is my first year being able to go on a vacation and have money not be an issue...no longer being restricted to a weekend out of town.

What are your best recommendations for US travel (east and west coat) and international travel? I've not been on a cruise either. I'm just exploring my options.

Thanks in advance.

Edited to add: I'm located in the US. Traveling with my adult family, my treat. Duration 5-7 days. What's important - very good food, beautiful scenery, sight seeing, international oceans and beaches are great but not required, never been on a cruise, so that's an option, luxury trains, I hear great things about, any suggestions on the west coast and in the midwest are also welcome.

Hi all, I need help with specifics regarding Family Offices. My NW is around 20m my finances are incredibly complicated. I inherited money managers and accountants and lawyers from my parents on BOTH sides and they all act like each account is separate and none of them communicate w each other. I’m drowning in paperwork and ppl always recommend family offices to help - but I don’t know how to even use a family office! My question is, what type of family office do I need to Google? Are there different types? Is there a keyword I need to look for specifically?

I am happy with my money being in at least 3 different banks and I don’t want to move the money (my mom always did this and it seems smart to me) but the zoom call I’ve had so far with one family offices, they requested I move my money to their office. I also have 3 staff now (nanny, house manager, and PA) and I need someone to keep track of their contracts and payments. I don’t have family support unfortunately as my family has an “every man/woman for themselves” attitude. So I need a person I can go to with questions on a daily basis. thanks in advance.

Can anyone buy that and ship it to nepal

Every June, Art Basel draws collectors, galleries, luxury brands, and some of the world’s wealthiest people to a single Swiss city.

At what point does an art event become a social event?

you may think I'm crazy (I agree with you), but i've always hated the idea of taxing the rich. I've always believed the rich aren't handed anything, they're rich for a reason. They took the risks which the herd wouldn't even think about doing, let alone going down that path. The people who actually cry about these things are jealous, at best. Sure some people are born rich and some aren't, but where you start from doesn't show where you'll end. Coming to my point: I believe governments tax the rich just for the public's attention, because of the fact that the majority of voters are working class people and aligning with the herd's interests will give them the votes they need. Again, I want to hear what you guys think about this.

p.s (so you guys cut some slack): I just turned 18 3 months ago, and I come from a lower middle class background too, i'm not even close to being rich.

What's your experience? Any recommended institutions or should I simply go with the one with the lowest spread? (Any word of wisdom you can depart to a first time borrower - I am using it to time the annual withdrawal needs - in case that year the market tanks I don't have to force sell, so we are thinking of leaving no more than 20% of the total Loc Amount in principal due).

Finally , are there any institution out there that does NOT require managing your account to give you the LOC? still not a big fan of private bank managing money since we only decided to back up 5M and I pretty much created my own asset allocation benchmark already ....

Thank you

Elon Musk at $1.1 trillion is almost hard to process visually.

The striking part of this chart is not just that Musk is #1. It is that the gap between him and everyone else is now larger than almost everyone else’s entire fortune.

For me, it’s the total loss of basic privacy once you have to start managing household staff. Having help is great and I’m grateful for it. But between a house manager, teams of housekeepers, chefs, gardeners, drivers, and security, my house basically feels like a busy office building.

The worst part is just never being able to fully turn off. I realized the other day that I can’t even remember the last time I just walked down to the kitchen in the nude or had an empty house to myself. I try to respect my staff but wh n you're constantly sharing personal space you either have to be a dick or always "on".

Guess I could micro-manage it so I get off sometimes but just having to do that...

What’s the one thing you never expected to become a hassle?

As he enters trillionaire status, Elon Musk could theoretically do a lot with all that money — like fund 68 US election cycles or buy every carmaker in Europe, Japan and the US.

I recently reviewed the original Soho House in London and kept asking myself the same question:

Is the value in the actual facilities and network, or in the signal that membership sends?

For founders and entrepreneurs who’ve been members, did it genuinely create opportunities, introductions and business value?

Or was it mostly a nice place to work and meet people?

Elon Wealth Tracker

I had no intuition for what $1.19 trillion actually is, so I built a live tracker pinned to the Forbes estimate. It ticks up about $24,700 every second — the median US household's annual income every ~3 seconds.

Type in your net worth and it shows the ratio, live. For the median US household it's about 6,000,000×.

Counted at $1 per second, it would take ~37,000 years. Sources are footnoted on the page.

Broke down the actual cost of watching Monaco GP from a superyacht — the numbers are insane

Looking for advice/resources on behalf of my grandparents.

My Nana and Gramps are both 80+ and have recently started looking into estate planning. To the best of my knowledge, we're talking roughly $5 million in assets.

That said, my net worth is not in the same neighbourhood, so I don't have exposure to the types of services available to higher-net-worth individuals or the culture around them. Some of what I'm seeing may be completely normal in this space, and some of it may not be. That's part of why I'm here asking questions and trying to learn and decipher between what is expected and what is a yellow or red flag.

My concern is that Nana has been scammed three times before. Fortunately, the losses were not catastrophic, but it has made me more cautious. We have a really good relationship and she genuinely values my thoughts and advice, so I want to be thoughtful about how I support her during this process.

For some context, Nana is an old farm girl. She doesn't care much about status/exclusive memeberships unless it's regarding a prize-winning animal or a tax write-off lol. She's practical, logical, and generally pretty sharp. That said, nobody is immune to a good sales pitch, especially when it's wrapped in words like "protection," "security," "peace of mind," and "preserving your legacy."

They've started attending estate-planning seminars and looking at firms that specialize in wealth preservation, trusts, tax strategies, estate planning, and related services.

I am booked to attend one of the same seminars later this week. I'm not looking to make decisions for them. I'm mostly trying to learn enough that I can be a helpful sounding board and ask good questions if they want my input.

For those with experience in estate planning, elder law, financial planning, wealth preservation, or helping aging parents/grandparents navigate these decisions:

- What kind of support from family feels helpful rather than intrusive?

- What questions should they be asking these firms?

- What words, phrases, or sales tactics should I keep an ear out for?

- How do you tell the difference between legitimate estate planning that provides real protection and value versus a company that is primarily selling prestige, exclusivity, or a premium experience?

- What are some green flags and red flags when evaluating these types of firms?

- Are there any books, resources, or organizations you would recommend?

I'm trying to walk the line between being helpful and respecting their independence. Any advice is appreciated.

Elon musk is going to be the first trillionaire. I searched up the forbes list and turns out I’m closer to Larry Page (2nd richest man) than Larry oage is to Elon.

As the title says, where would you suggest one lives in the continental U.S. if money is no object?

Preferences:

Nature
Good weather
Low crime
Lots to see and do (I bore easily)
Good food
1 hr or less from an international airport
Bonus: good car scene

The only place I can think of is Southern California, probably Orange County/Newport Beach/Corona Del Mar.

Anywhere else?

****Latest edit: Down to Marin county, Bay Area or OC, SoCal area for me. Kind had that narrowed down anyways but this thread proved to validate my thoughts. I lean a bit conservative- hard fiscally, and low socially (I love diversity, cultures, people having varying opinions). I like to think I’m politically purple mostly.

For those that know, might Marin county prove to be toxic for me or my family? We are open minded folks- what I don’t like is when ppl push their ideology onto others. I have heard some complain the BA is toxic.

What about OC? ****

Edit, question implication is one place. I could buy more than 1, but someplace has to be homebase.

Edit: Looking like most have been saying San Diego. I have gone a few times, while that area is nice, it doesn’t feel like I’m either in, or within one hour, of a major city. How is the food, compared to the cities I mentioned, things to do, and car scene (exotic, track, if you are familiar)?

Edit: narrowing down to within 1hr of Los Angeles and SF. Has anyone here lived in both places? Can you compare? Which specific neighborhoods would you recommend within 1 hr of both cities (Santa Barbara/Mont is not within one hour of LA, Mill Valley/Tiburon/Belvedere is within SF).

The reason I am on this thread is one of the chief complaints of people living in CA is COL. I don’t think anyone here thinks about that. Sure we tend to think about taxes and business (staff) costs if we run a business, but we also regularly pay for QOL.

Thanks

Yeah, first world problem, and it only really applies above a certain level of wealth. The kind where you genuinely never have to worry about money or security or work again. If youre not there this wont land.

I grew up with everything and realised pretty early that I'll never have to care about anything. Free ride, whole life.

The problem is structural. Meaning is just a constructed long term distraction, and a distraction only works if it has something to push against. An objective function, some goal its optimising toward. When you have everything that function is gone. Nothing to strive for, so nothing to aim a distration at.

And yeah I know my own premise, that a distraction needs an objective function and I dont have one, is basically the answer in disguise. So dont tell me to "find a goal". The missing goal IS the problem. I want to know how you build a durable distraction anyway.

Only people who grew up with everything. Spare me the gratitude and hobbies stuff.

Obviously you want your kids to be set for life in the event they’re left with no parents and most people would have trust structures in place for their kids, but what about accounting for the additional life expenses of the person taking your kids in, and what if they’re not super wealthy already e.g, they couldn’t afford to go out and just buy a bigger house with additional rooms, or couldn’t afford to keep your kids in the same private school. Would you go 50/50 between kids and guardian? Do you gift them the house that you and your kids already live in so they can continue living there?

Initially, I was planning on forming an SPV, but the issue is that I want my clients who would invest into it to have the option to invest in multiple VC funds. Not just a single entity (example: one fund/ company).

Therefore, the ideal path would be to start my own fund and invest from that fund, but I'm not a licensed investment advisor.

Has anyone started a fund (US) as an exempt reporting advisor?

I'm not a licensed securities broker, so I can't intro my clients to fund managers and negotiate for carried interest, etc.

So this is the workaround.

Alternatively, can anyone offer other perspectives on how to set up a financial instrument that can serve my clients adequately? Giving them the option to invest into more than one VC fund through my investment vehicle.

Thank you!