Here’s a trick question: When does 5,000 = 3,600? The answer is: when you’re counting how many companies the Wilshire 5000 Total Market Index is actually tracking these days. The name suggests there are at least 5,000 publicly traded, U.S.-listed companies in the total market, but that number has been shrinking for a couple decades. That’s one of several fascinating insights shared in a recent report from our friends at Dimensional...

Whenever the world rings in a new year, we are privileged to reach another milestone that, in our opinion, seems almost as worthy of global celebration. Happy third birthday to us! On January 1, 2014, SAGE Advisory Group of Morristown, NJ and Broadview Financial Planning of Farmington, CT merged and became (drumroll from Devon please …) SageBroadview Financial Planning. Combining two seasoned teams scattered across multiple states into one cohesive group...

  I don’t know about you, but I’m a fast reader and I can barely keep up with the news these days. I start each morning reading from a variety of national and local media outlets (and support each one with paid subscriptions which I feel is vitally important) then try to do some deeper dives into policies and issues. And I nearly always spend at least thirty minutes before I...

So is the Dow going to bust past 20,000 or isn’t it? By the time you’re reading this, maybe it already has. Either way, what does the milestone high-water mark mean to you as an investor? We would propose that the answer is: Not a whole lot. Whenever markets flirt with new highs, you may wonder if it’s some sort of signal that it’s time to cash out, assuming prices aren’t...

First, we published our own “Year in SageBroadview Review,” summarizing the posts we shared in 2016. Then, we offered a double-header of fourth quarter and annual market reviews from Dimensional Fund Advisors. Before we set our sights forward, we’d like to share a couple more resources that offer important lessons learned from 2016. If you were with us this time last year, you may recall that the markets were in a...

Two Market Reviews – One Perspective What’s better than one market review? How about two, to compare and contrast? Hot off the press from Dimensional Fund Advisors, we offer a close-up of the fourth quarter just ended, as well as a slightly broader view of 2016’s annual market performance. Whichever review you choose to view, the most important point for both is that neither helps you position your portfolio for the future....

Mindful living, including spending money where it will be most meaningful, is certainly a regular theme here at SageBroadview. To search for that meaning, there’s ample academic evidence suggesting that we tend to find more happiness spending money on experiences than things. For example, a Wall Street Journal article, “Can Money Buy You Happiness,” cites several studies that have explored the lasting effect of spending. “What we find is that there’s...

  “Hip and happening” isn’t the usual phrase that comes to mind when you think about the Internal Revenue Service. A more common stereotype is captured by Will Ferrell’s character, IRS Agent Harold Crick in the movie “Stranger Than Fiction.” Harold Crick counts the strokes when he’s brushing his teeth. His wristwatch is his guardian angel. He explains to the woman he’s wooing (and simultaneously auditing): “IRS agents, we’re given rigorous aptitude...

December 2016 Prediction Season Predictions about future price movements come in all shapes and sizes, but most of them tempt the investor into playing a game of outguessing the market. “The close of each calendar year brings with it the holidays as well as a chance to look forward to the year ahead. In the coming weeks, investors are likely to be bombarded with predictions about what the future, and specifically the next year,...