Forget Game of Thrones and Avengers: Endgame; this summer’s blockbuster is at SAGEbroadview, where we are pleased to employ another summer intern who’s hot on the path to becoming a financial planner.
Danny Lester graduated from Farmington (CT) High School in 2016, just completed his bachelor’s in finance from Boston’s Bentley University (in only three years - thank you, AP credits!), was an RA for two of those years, and will...
April 18, 2019
Ideal vs. Imaginary Investing
“There’s one robust new idea in finance that has investment implications
maybe every 10 or 15 years, but there’s a marketing idea every week.”
– Nobel Laureate Eugene Fama
Nobel laureate and Dimensional Fund Advisors board member Eugene Fama has offered an
abundance of quotable insights during the 50+ years he’s been studying financial
economics. The quote above is one of our favorites – and as fitting as ever as...
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.”
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
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
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?
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.
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...