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Author: Buddy Reisinger
Money and Your Story
One of our favorite bloggers, Seth Godin, recently wrote about a topic that he’s rarely mentioned in his daily blog and more than a dozen books: money. It’s a topic that is near and dear to us.
This recent post is worth the 60-second read to help you think about what money means to you. Seth says, “before there’s money, there’s a story,” which is precisely the reason that the first thing we want to know when meeting a future client is “what’s your story?”
Our personal stories often have a huge impact on how we feel about money. How we feel about money can have an enormous impact on our outlook on the future.
We want to understand your story so that we can build a long term investment plan that gives you confidence in your future—A plan that can stop you from worrying about the money and help create a better story for the future.
It’s not just at the beginning that we want to know your story; we know they evolve and take new paths. We strive to get regular updates. If you have lots to share, we’d love to hear it (314-448-4023)!
We’re looking forward to hearing your latest update!
Taking the Digital Long View
You may have noticed Hill Investment Group popping up in some new places over the past month. With the help of digital strategy consultant, Nicole Hudson, the Hill team is wading into the world of digital media. Digital platforms are increasingly core in the way the world communicates and we are looking forward to uncovering what that means for Hill Investment Group.
In addition to sharing more about who we are outside of Hill Investment Group, our plan is to widen the audience for the articles, ideas, research, and experience we’re already sharing as a team, with clients and with colleagues.
Nicole has been helping organizations navigate digital waters for over 15 years. In her agency life, she worked with clients like The New Yorker, Lincoln Center and AT&T. In addition to working with us at Hill, Nicole works with KDHX Community Media, Metro Theater Company, the artist Brian Owens, and others.
You can now find Hill Investment Group on LinkedIn, Twitter and Google+.
The Golden Ticket Trap
Hill Investment Group clients know our mantra Take the long view. It’s short hand for having a well-thought-out plan that’s executed consistently over time, a globally-diversified low-cost portfolio, and a long-term outlook on investment performance.
Jim Parker, Vice President at Dimensional Funds—one of our strategic partners—recently wrote a short and sweet (pun intended) article titled “The Golden Ticket Trap.” What’s that? Many investors behave a bit like the young boy Charlie in a popular children’s story about a chocolate factory, misguidedly pinning the hope for riches on finding one of a handful of golden tickets hidden among millions of candy bars. It’s the same premise behind the ever-present magazine headlines of “The 5 Hottest Stocks” and “What to buy NOW!”
This is where the Hill haystack analogy comes in. Wall Street pontificators and investment magazines try to sell the idea that they know where and how to find the needle in the haystack. Hill clients and followers know that the best path for long term success is to simply buy the entire haystack in a low-cost, tax-efficient manner, rebalance regularly, and get on with your life.
A quick glance at the article will likely reaffirm your belief in Taking the long view and illustrate that you already own the real Golden Ticket. You can view a PDF of the article here.