Capital Advisory Group, Inc. September 2019

119 Old State Rd., Ellisville, MO 63021 THE WEALTH ZONE How the Towers Came to Be THE WORLD TRADE CENTER SEPT 2019

On Sept.11, 2001, at 8:46 a.m., American Airlines Flight 11 struck the north tower of the World Trade Center traveling at 470 mph, ripping a hole in the building from floors 93 to 99. At 9:03 a.m., a second plane smashed into the south tower traveling at 590 mph, cutting a gaping hole from floors 75 to 85. Within an hour, the south tower collapsed due to the sheer weight of the building combined with the damage dealt by the impact and the burning jet fuel. At 10:28 a.m., the north tower followed.The rubble and debris from the collapsed towers caused fires and further damage to the surrounding buildings and areas. Within hours, nearly 3,000 people had lost their lives. The attack left the world in a state of

Center.The towers had 99 elevators, 43,600 windows, 40,000 doors, and 3,000 miles of electrical wiring, and each building weighed 250,000 tons.They were the tallest buildings in the world until Chicago’s Sears Tower was completed less than a year later. The towers were first attacked in 1993. Down in the basement of the north tower’s parking garage, a 1,200-pound bomb was set off.The attack cost six people their lives, and over 1,000 people were injured. The Port Authority wasted no time in renovating the building; over the next eight years, the company spent $700 million on renovations, including added safety features such as battery-powered stairway lights and a separate emergency command center for each building.The towers remained an iconic part of NYC’s famous skyline for another eight years. Today, the towers are gone, but the peace they once symbolized lives on in the tranquility of Ground Zero, and every man, woman, and child who lost their life on Sept. 11, 2001, is memorialized on the stone monuments and through the annual reading of names. As Sandy Dahl, wife of Flight 93 pilot Jason Dahl, said, “If we learn nothing else from this tragedy, we learn that life is short and there is no time for hate.” -Jeff and John Zufall

It was then that the Port Authority decided the towers should break the record for the tallest building in the world, beating the 1,250-foot Empire State building.To do this, architect Minoru Yamasaki designed the towers to hold 110 stories each, but they would not have the traditional glass-and-steel-box design used for most skyscrapers at that time. Instead, Yamasaki worked with structural engineers to come up with a revolutionary design that would disperse the weight throughout.The plan included two hollow tubes supported by steel columns spaced closely together and wrapped in aluminum, while floor trusses connected this shell to the tower’s central steel core. Construction of the World Trade Center officially began in February 1967.The north tower was completed in December of 1970, and the south tower was finished in July of 1971, but construction continued for the next two years until the outdoor plaza was finished. An estimated 10,000 workers labored to build the World Trade

terror and grief, and the United States was changed forever.Today, the twin towers’ last day is remembered as the worst terrorist attack in history, but few people know how the buildings became part of New York City’s skyline in the first place. A world trade center pavilion was first hosted during the New York World’s Fair in 1939 — the exhibit was dedicated to the slogan “world peace through trade.” The idea for the World Trade Center was then abandoned after seven years, until David Rockefeller revived the concept to reinvigorate lower Manhattan. Rockefeller took the reins and continued the project, finding premises near the Fulton Fish Market on the East River, and construction on the $250 million complex began. He also turned to the Port of New York Authority for financial support to ensure the World Trade Center’s completion, and the first real plans for the World Trade Center were put into action.

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What does every successful person have in common? They read. Avid reading is a key characteristic of the ultra successful because, through great ideas, you can learn how to achieve your full potential. If you want to be more successful in business and in life, you should definitely add these great books to your reading list. Book Recommendations From the Ultra Successful MILLIONAIRE’S LIBRARY Famously loaned to Bill Gates by Warren Buffett himself, “Business Adventures”was written and originally published shortly after the stock market crash of 1962. In this book, John Brooks recorded the successes and failures of 12 major companies of the era, including Ford, Xerox, and General Electric. ‘Letters to a Young Poet’ by Rainer Maria Rilke Who read it? Jen Rubio, co-founder and president of Away From 1903–1908, renowned German poet Rainer Maria Rilke wrote letters to a young, aspiring poet.These candid thoughts from one of the greatest artistic minds offer insights on life, love, and how to fully experience the world we live in. Each letter is a valuable reminder that we should never underestimate our own artistic spirit. ‘It’s Not About the Coffee: Leadership Principles From a Life at Starbucks’ by Howard Behar Who read it? Katrina Lake, founder and CEO of Stitch Fix Starbucks is known for its quick coffee and seasonally controversial cups, but that’s not what turned the company into a world-conquering success. In “It’s Not About the Coffee,” Howard Behar highlights the importance of company culture and the role business leaders play in helping their team members reach their full potential. ‘Creativity, Inc.:Overcoming the Unseen ForcesThat Stand in theWay ofTrue Inspiration’ by EdCatmullWithAmyWallace Who read it? Mark Zuckerberg, co-founder and CEO of Facebook Ed Catmull, co-founder of Pixar, is responsible for some of the most successful animated movies in the history of cinema. “Creativity, Inc.” explores the creative process behind such films and how this process can be replicated in any industry. Forbes has suggested that Catmull’s book “just might be the best business book ever written.” ‘Business Adventures:Twelve Classic Tales From theWorld of Wall Street’ by John Brooks Who read it? Bill Gates, founder of Microsoft

Tour Monte Rosa

Nestled between Italy and Switzerland, Monte Rosa is the second highest peak in the Alps, making it one of the best views in either country and one of the more physically demanding ascents in the mountain range. In the late summer and early fall, tourists and locals alike tour Monte Rosa to pay their respects to the peak and to be challenged by the cross- country trek over the mountain. The full tour of the mountain is a nine-day journey that starts in Switzerland and crosses quickly over into Italy, winding its way through both countries before eventually returning trekkers to their starting point.The out-and-back path is the most popular route, though there are other ways to approach it. However you go, you’ll encounter massive glaciers, rigorous 1,000-meter ascents and descents, and breathtaking views that are sure to make this journey memorable. For accommodations, opt for charming mountain huts to immerse yourself in the true Alpine experience. You can book them in advance to guarantee your bunk and a dinner of spaetzle or lasagna, depending on which country you’re in that night. Unless you’re traveling with an experienced mountaineer, a guide is recommended for touring Monte Rosa, even if you only plan to traverse a small section of the mountain. Weather can vary greatly and change quickly in this region, so you never know when you’ll encounter ice or snow, which can lower your visibility. Toward the top of the peak, you’ll even have an opportunity to cross a sprawling glacier, and having a guide will ensure you have the necessary equipment for a safe trip. On top of the spectacular views, you can expect a beautiful blend of cultures and an experience unlike any other on your tour of Monte Rosa. Plus, you may even get to see a few Swiss cows or mountain goats along the way!


READY, SET, SAVE! How a 529 Plan Can Help Pay for Your Children’s Education

plans don’t cover is homeschooling, which is a different situation altogether. Of course, no investment plan is all sunshine and roses. Prepaid tuition plans can be restricted to specific schools and aren’t guaranteed by the federal government, while education savings plans are subject to the whims of the market. Still, the breaks on federal and state income taxes are attractive, and there aren’t any age, income, or annual contribution limits on 529 plans. You can even distribute remaining funds to nieces and nephews when your kids no longer need them. To learn more about how investing in a 529 plan can save you money, call us today at (636) 394-5524.

As a business owner, you’re no doubt savvier about money than the average consumer. However, financial savvy can spur big financial risks, and there’s nothing worse than finding out your bank account is running low when it’s time to send your daughter to college or pay

TAKE A BREAK top.They’re sponsored by states, state agencies, and educational institutions across the country, and Missouri abides one of your son’s private school bills. That’s where 529 plans come in.These tax-advantage savings plans are authorized by the IRS and designed specifically for stashing money for school bills down the road.There are two types of 529 plans: prepaid tuition plans, which let the saver purchase college credits and education savings plans that can be used to pay for expenses beyond tuition. Each variation comes with its own set of fees and risks, but on balance, education savings plans usually come out on

by the federal cap of $10,000 per year per beneficiary, meaning local plans are state tax-free as well. Choosing to invest in one is truly a win-win situation because your contributions will grow with careful investment, and your kids could be spared the crushing pressure of student loan debt. Most people think of 529 plans as strictly a tool for college savings, but they’re more flexible than that. If you start saving early enough, you can use your education savings plan funds to pay for elementary, middle, and high school tuition, regardless of whether the schools your kids pick are private or religious.The only thing 529



Filling: • 5 lbs Granny Smith apples, peeled, cored, and chopped • 1/4 cup pecans, finely chopped • 3 tbsp all-purpose flour • 2 tbsp maple syrup • 1 tbsp lemon juice Topping: • 3/4 cup all-purpose flour • 1/3 cup brown sugar • 1/4 tsp ground cinnamon • 1/4 tsp salt • 6 tbsp chilled butter, cut into pieces • 1/4 cup pecans, coarsely chopped


1. Heat oven to 350 F. 2. In a mixing bowl, mix all filling ingredients together. Transfer to individual serving ramekins. 3. In a different mixing bowl, combine flour, sugar, cinnamon, and salt for the topping. Mix in butter until it forms lumps roughly the size of a pea, then stir in pecans. Sprinkle topping over filling. 4. Bake for 35–40 minutes, let stand for 10 minutes, and serve.

Inspired by Food Network


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119 Old State Rd. Ellisville, MO 63021


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The Hopeful Beginning and Catastrophic End

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An Excursion in the Pennine Alps

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A Reading List for Real Success

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Do You Have a 529 Plan?

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Classic Apple Crisp

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Lucky No. 13

WhenWe Started Fearing Friday the 13th BAD OMENS OR JUST ANOTHER DAY?

Have you ever had one of those days? The type that starts off rocky from the start and just gets worse from there? The coffee is cold, the kids are cranky, your coworkers are grumpy, and it seems as if nothing can go right.

and shoots Balder (the god of joy and happiness, no less). Sailors, too, carried forth the superstition.They would not go to sea with a crew of 13. GOOD LUCK? Not everyone believes 13 is inauspicious. The ancient Mayans felt 13 was a sacred number.They divided the year into 13 months stemming from their calculations of lunar, solar, and galactic count. So, will you spend Friday the 13th avoiding all the potential pitfalls (and black cats), or will you embrace the day and enjoy it? After all, it is a Friday!

Some might chalk it up to outlook, others to luck. Some might say it’s bad luck — especially if it’s Friday the 13th. Sept. 13 just so happens to land on a Friday this year, and for those who suffer from triskaidekaphobia, a fear of the number 13, the date may bring up all sorts of terrifying thoughts. Historically, the number 13 has been associated with bad luck and nefarious omens, and the ‘80s horror movie “Friday the 13th” made the day a cultural icon. But why do we have such creepy connotations with this seemingly harmless number?

BIBLICAL ORIGINS? In “The Last Supper,” Judas is depicted as unlucky guest No. 13 and the one who will soon betray Jesus. Ancient Babylonians also avoided 13, leaving the number out of their list of laws. NORSE MYTHOLOGY? Another appearance of an unlucky 13th dinner guest happens at the table of Odin.The 12 gods are enjoying themselves until trickster Loki shows up


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