Don’t look at your portfolio – and here is why   1. How to Improve Your Risk-Adjusted Returns (The Irrelevant Investor, 4/11/2019)   “The more you look at your portfolio, the more likely you are to see red, and the more likely you are to see red, the more likely you are to do something you will regret later. This can be seen clearly in the GIF below, courtesy of Nick Maggiulli.”   Graphic Courtesy...

Bill Gates does 4 simple things to be happier 1. Bill Gates says he’s happier at 63 than he was at 25 because he does 4 simple things (Business Insider, 3/12/2019)  1) Follow through on your commitments. 2) Have a mindset of giving. 3) Treat your body like a sacred temple. 4) Put family first.   How to read more 2. Read more books: how to get started (Abnormal Returns, 4/4/2019)  • Don’t finish a book if you don’t like it • Have a book handy on your phone • Read books you love   Meditating...

Big Five tech companies are bigger than Saudi Arabia’s entire economy 1.   How Tech Giants Make Their Billions (Visual Capitalist, 3/29/2019) Source: Annual Reports Filing 2018 - Visual Capitalist   Visualizing the world’s population 2.  The World’s 7.5 Billion People, in One Chart (Visual Capitalist, 3/28/2019) Graphic from The Visual Capitalist Technological advances that are pushing the boundaries of modern healthcare 3.  Visualizing the Healthtech Revolution (Visual Capitalist, 3/26/2019) Graphic from The Visual Capitalist   SAGE Serendipity:...

Diversification is a strategy designed to help you avoid unnecessary mistakes 1.  The Easiest Decade for DIY Investors (The Belle Curve, 3/17/2019) "Do you remember all the hoopla about “The Lost Decade” for US stocks? Over a ten-year period the S&P 500 had a negative return. That is a very long time to be down in stocks. But what rarely gets mentioned is that investing in different types of stocks provided positive...

How Does The Dow Relate To Your Portfolio? March 2019 While the Dow and other indices are frequently interpreted as indicators of broader stock market performance, the stocks composing these indices may not be representative of an investor’s total portfolio. For context, the MSCI All Country World Investable Market Index (MSCI ACWI IMI) covers just over 8,700 large, mid, and small cap stocks in 23 developed and 24 emerging markets countries with...

To better reflect what’s fresh as well as what’s familiar about us, SageBroadview is delighted to share our redesigned website with you. We hope you find the modern design, color palette and photos better convey our firm’s personality and services, as well as our company’s evolution from January 2014 when Larry and I merged our firms. KEY FEATURES  Quickly navigate where you need to go — You will find links to Secure Document...

“I don’t know and don’t care because it doesn’t matter to what I’m doing.” 1. Not Caring: A Unique and Powerful Skill (Morgan Housel, 2/28/2019) A rule of thumb is to prefer the strategy that’s likely to get you closest to your goal with the fewest number of decisions needed along the way. Figure out what you can control and obsess over it. Identify what doesn’t matter and ignore it. Determine what you’re incapable of...

The evolution of how we think about money. Where are you on this journey? 1. Out of the Swamp (Humble Dollar, 2/16/2019) We can measure our financial progress by the size of our net worth. But that’s hardly the only gauge. Equally important, I’d argue, is the evolution in how we think about money—and how we use it to improve our lives. What does this journey look like? I picture it as having five...

The Geometry of Wealth: How to shape a life of money and meaning  Last night I finished reading The Geometry of Wealth and wanted to share a few choice excerpts from this thoughtful book by behavioral finance expert Brian Portnoy. A description of the book: How does money figure into a happy life? In The Geometry of Wealth, behavioral finance expert Brian Portnoy delivers an inspired answer, building on the critical distinction between being...

Shrinking Tax Refunds 1.  The U.S. Cut Taxes. Why Will Fewer Folks Get Refunds? (Washington Post, 2/10/2019) This article has Q&A taking you through the reasons why. Hint: Some of the explanation is because of changes to the tax code, but also because less taxes were withheld from employee paychecks than in prior years due to changes in the withholding tables, and in the lower rate withheld from bonuses and employee stock compensation...