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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (14188)	1/5/2000 5:08:00 PM
From: Poet	of 54805

OT: Re. your question on how to deal with your kids and "the money issue": I'd suggest letting your adolescent-aged kids know a little about all the time and effort (and good timing) it has taken to amass the family wealth. This way, they don't see the money as having fallen out of the sky. Treating the family to something special is a great idea. Perhaps family travel or a vacation home that you can all enjoy. Last, I believe that the greatest enjoyment (and deployment) of one's wealth comes from sharing it --directly or indirectly-- with others less fortunate. You can decide to contribute your (newly freed-up) time, your money, or a combination of both. In my family, we all sit down near the end of the year and discuss where we'd like to give. My kids knew that a woman in our village had recently died of AIDs, leaving her three young children orphaned. My daughters contributed their money (anonymously) toward the living expenses of her children. In this way, they've been able to see not just that money brings them better toys and vacations, but the power to help make other peoples' lives comfortable. You're a good man, Stan. Whatever you do will be right.

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