Hedge Clippers | Wisdom, Wealth, and Wellness
Hedge Clippers | Wisdom, Wealth, and Wellness
In our latest blog post, Jonathan Satovsky discusses how whether you are managing a portfolio or gardening, regular maintenance is crucial.
I just ordered myself some hedge clippers. Why? Because, you know, sometimes trees and plants get overgrown and you’ve got to trim back a little bit.
As it relates to portfolio management, what’s fascinating is, as I reflect on rebalancing and trimming outside positions, any time we try to do that, most clients get angry with us.
“Why are you trimming that?” “That’s doing great.” “It’s growing beautifully.”
But, sometimes when it’s overgrown it causes a tree to get unhealthy, it causes the branch to droop, and could cause all sorts of problems. So, every season you trim your trees just to keep them healthy. To keep them vibrant, keep them sustainable, and keep them growing.
So, that’s the concept of rebalancing right there, which is never popular, but it’s sustainable—and you’ll be happy over the long term on your path to Wisdom, Wealth, and Wellness.
Have a great day.
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Disclosures
This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.
Further Reading
Jonathan Satovsky Interviews Rabbi Simon Jacobson
Always on the run
Learning something new
