SBV Curated Content | A Weekly Update of Enlightening & Intriguing Information | March 31, 2021

Spring Featured

Businesses, Stock Markets & the Economy

Four Things Everyone Needs to Know About the Markets (Ben Carlson)

Excerpt-> 4. Markets are constantly changing.

Figure 1

“The United States made up just 15% of global equity markets in 1900. Now look at it — like Pac Man eating the rest of the world.

Britain’s share has shrunk by a factor of six. Germany and France have seen similar slippage. Then you have countries like Japan and China that weren’t even on the pie chart in 1900 but now have the second and third largest market share.

Now look at the sector changes:”

Industry Weightings

Your Finances & other Wealth Management links

How to Prepare for the Impact of Restricted Stock Units on Your Cash Flow, Tax Bill, and Investment Portfolio (Daniel Zajac, CFP®, AIF®, CLU®)

“While you may not need to make as many decisions as you would with other types of equity compensation, there are still two key reasons why you need to pay attention to your vesting RSUs:

  1. The automatic withholding on your RSUs may not be high enough to cover your total tax bill.
  2. Vesting and settlement of your RSUs may result in you receiving shares of stock, which could introduce more concentration or volatility into your overall investment portfolio than you truly want.”

Illustrating the Power of Compound Interest (Jason Zweig, The Wall Street Journal)

Q: I have two girls, 8 and 10. I want them to see how compound [interest] is in fact the eighth wonder of the world, as one of your precocious readers stated.
How do I get them started without overwhelming them and making this about me? I want it to be fun for them to learn and at their own pace. —Amar Rama

I can’t believe a guy whose name is a palindrome is asking me for advice on how to make learning fun, but OK, I’ll try.

1. Get a chessboard.
2. Have one of your daughters bring the biggest bag of rice from your kitchen.
3. Tell her to put one grain of rice on the first square on the chessboard. (Do you see where we’re going with this?) (sic – One Grain of Rice is a mathematical folktale based on the Indian tale Sissa and the Troublesome Trifles recorded in Trickster Tales by I. G. Edmonds.)
4. Now tell her to double the number of grains of rice she puts on each successive square.
5. After five or six squares, she will probably ask you for a cup to put the next square’s rice in.
6. After a couple more, she will ask for a bucket, if she has any rice left.
7. Repeat, with a new bag of rice, with your other daughter.

Chess Board

You’ll explain to each, of course, that you’ve just demonstrated the power of compound interest at a 100% rate, which is too high to last for long in the real world, not even if you are Elon Musk or Satoshi Nakamoto. They will be able to see that sustaining the compounding, even at the much lower rates that prevail in the real world, is the key to massive growth over time. Have them show you how the piles of rice on the chessboard would grow at, say, 10% and at mundane, but realistic, single-digit compounding rates.

When you’re done, rinse the rice and make it into a tasty pilaf or pilau or paella. Then, as a family, savor a lesson well-taught and well-learned.”

The Environment & ESG (Environmental, Social & Governance) Investing

Island Overrun With Rats Completely Recovers in Only 11 Years After Ecosystem Had Been Decimated (Good News Network)



Interactive-> In the Atlantic Ocean, Subtle Shifts Hint at Dramatic Dangers. “The warming atmosphere is causing an arm of the powerful Gulf Stream to weaken, some scientists fear.” (The New York Times)

Warmer Water

COVID-19 & Your Health

What the science says about 7 common COVID-19 vaccine myths. “No, the vaccine development process didn’t cut corners, even though it happened in record time.” (Fast Company)

Your Physical & Mental Well-being

A Simple Compliment Can Make a Big Difference (Harvard Business Review)

How to stop buying stuff you don’t need – some steps to take. (

How to manage your growing list of subscriptions. (

This Week’s Serendipity

Watch: A three-minute video about garbage collectors in Turkey who have built a fully-functioning library out of books they’ve found in the trash. (CBC News)

Turkey Video

Sheri Iannetta Cupo, CFP®, Founding Partner (Retired) & Director
[email protected]

SAGEbroadview Wealth Management is a Fee Only firm offering ongoing financial planning and portfolio management, with tax planning woven carefully throughout our services. We work virtually across the country, with offices in Farmington, CT, Morristown, NJ, and Burlington, MA.