Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Tweet We Love – Long View, Planning, Diversification
Sometimes even the experienced investor forgets how important diversification really is. Eric Nelson demonstrates what’s at stake in simple and powerful terms. Of course the situation below is theoretical: the math depends on cost, and on which securities you use to achieve your global stock mix. But, the broad-strokes points remain the same: global diversification matters. Curious about your own global diversification score? Click here to schedule a complimentary call with a qualified professional from our team.
How important is broad stock asset class diversification for retirees? If you started spending 6%/yr in 1998, adj for CPI, from $1M port, here’s how much you’d have today in:
S&P 500 = $0 (run out in 2016)
Global stock mix = $1.27M ($183k more income & counting)#servoinsights— Eric Nelson, CFA (@ServoWealth) July 13, 2019
Podcast Episode – The Paper Queen
The podcast is off to an incredible start. Thank you for your support as we spread our story and message to curious investors around the world. We’re thrilled with the success of the launch and encourage you to listen to all six episodes when you can find the time. We offer the following write up as a teaser for Episode 6.
How do you go from a small town to big city success? How do you get asked to decorate the White House for the holidays? What does this have to do with a long view approach? The latest podcast episode features acclaimed designer Cheree Berry. In Matt’s words, “Cheree Berry Paper is the best paper resource you can find.” Cheree is a friend and a total beast in the business world, she is Founder, CEO and Creative Director of Cheree Berry Paper, an award-winning graphic design and social stationery company known for creating unexpected event invitations. She is also an author and a former Kate Spade New York art director.
In this episode, Cheree shares how the importance of handwritten communication was instilled in her from a young age and her tips for maintaining this in a digital age. She discusses what shaped her career after moving to New York City from a small town in Missouri. She reflects on important moments working with Kate and Andy Spade, and how she started her own business. Cheree shares the challenges and benefits of being a female entrepreneur and so much more!
Click here to listen through Apple or here for other platforms.
Podcast Episode – Making Finance Fun
The podcast momentum is building. We offer the following write up as a teaser for Episode 5.
“Mom, I have a problem. I have a credit card—and I need you to pay the bill.”
“I’m not paying the bill, you have to figure it out. Consider this a lesson.”
That was the exchange Joe Saul-Sehy had with his mother shortly into his first semester in college. Within 90 days, his credit was wrecked. He had no job, no income, no financial aptitude whatsoever—understandably so.
Joe grew up in a family where the topic of money was constantly swept under the rug. His parents even went as far as asking the kids to leave the room if a financial discussion bubbled up.
So, who is this guy, and why would Matt spend an hour interviewing someone who admitted he has been “horrible with money?”
Joe Saul-Sehy is the co-host of The Stacking Benjamins Show: the record-smashing, award-winning, wildly popular podcast covering all things money-related. After years of avoiding conversations about money, Joe now broadcasts conversations about money to thousands of people every week.
In episode five of Take the Long View, Joe joins Matt to tell the story about his mission to make conversations about money fun and accessible. During this interview, Matt and Joe discuss financial independence, the perils of comparing your situation to others, and a traumatic experience with a minibar in Chicago.
Much like Matt, Joe has a knack for burying yawn-inducing jargon into stories that are as entertaining as they are enlightening. As Joe says, “If you don’t think you’re learning, you’re much more open to learning.”
Give it a listen and be sure to share the show with anyone else who’s fed up with finger-wagging, buttoned-up lectures about how you should handle your money.
Oh, and in case you missed it, Joe interviewed Matt back in 2016 right after the launch of Odds On: The Making of an Evidence-Based Investor.
Click here for Episode 5 on Apple or here for other platforms.