What is Google worth? Most finance people would look up the share price, about $1,100 and multiply it by the number of shares to find what the company is currently “valued” at – about $790 billion. But does value always equal precisely what a company is worth?
If Google were to go out of business tomorrow and have a fire sale, offering up everything they have from patents to buildings, desk chairs to web servers, the total output would be significantly less than $790 billion. Likewise, if they were to announce a fully autonomous car, the value of the company could go up, likely by a significant amount.
The “worth” of a company goes beyond what it is presently priced at, to what the price could be in the future. Investors look at a company, say to themselves, “I like what they’re doing, and I expect them to grow in the future,” so they invest. They factor in a mix of intangibles: prospects for growth, risks, market conditions, and even a dash of hope, then decide to purchase a piece of that company. Collectively these purchases form the current share price.
This last week has been a roller coaster for investors with large, swift swings in the broad market indices. It began with an announcement from the Federal Reserve on interest rates and the White House levying additional tariffs against China, which was then followed by a tit-for-tat spat between the two countries. A devaluation of the Yuan, the U.S. labeling China a currency manipulator, and a drop in the bond market yields all served as reasons for the corresponding drops.
All that to say, a lot has happened in the span of a few days. It’s given investors cause for concern, whether justified or not. But this is volatility. This is the price we investors pay to enjoy an historically above-average return from more stable investments like bonds (which are now devolving into negative yields in countries around the world).
https://prosperion.us/wp-content/uploads/2019/08/china.jpg6231500Steve Boorenhttps://prosperion.us/wp-content/uploads/2017/02/whitelogosized.pngSteve Booren2019-08-09 13:22:202019-08-09 14:13:04An Emotional Tour de Force
https://prosperion.us/wp-content/uploads/2019/07/book-3d-copy.jpg4301500Administratorhttps://prosperion.us/wp-content/uploads/2017/02/whitelogosized.pngAdministrator2019-07-29 15:14:202019-07-29 15:16:25Intelligent Investing Book Signing at The Tattered Cover
As women we are no strangers to stress. We juggle countless plates, everyday, often at the same time. So we’ve created a workshop series by women, for women, built just for you.
My son and I were in the car driving to the store as he struggled to plug in his phone with a USB cable. He flipped the cable back and forth a few times before it finally slipped in. “If I had a superpower, I hope it would be to knowing which direction I should use when plugging in a USB cable.”
Over decades of advising families, I’ve studied their investment behavior. From those who made mistakes to those who succeeded, a list of significant practices naturally came to mind. These “superpowers” help make investors successful. They can’t leap over buildings with a single bounce or see into the future (though this could be a pretty good investment superpower), but they do manage to achieve better than average results, almost as if by magic. What are these superpowers?
LPL Research Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets is filled with investment insights and market guidance for the year ahead.
LPL Financial Research believes that even as investors face prospects for periodic bouts of volatility, emphasizing fundamentals will remain critical for making effective investment decisions. LPL Financial Research’s Midyear Outlook 2019 provides updated views of current fundamentals and factors that should persist as shorter-term concerns fade, and emphasizes four primary pillars for fundamental investing – policy, the economy, fixed income, and equities. As headlines change, look to these pillars and LPL Financial Research’s Midyear Outlook 2019 to help provide perspective on what really matters in the markets.
Read more about our forecasts and key themes in the full publication.
https://prosperion.us/wp-content/uploads/2019/07/Untitled14.jpg6031628LPL Financialhttps://prosperion.us/wp-content/uploads/2017/02/whitelogosized.pngLPL Financial2019-07-02 12:55:192019-07-02 12:55:19Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets
If I asked you to define retirement, how would you describe it? Take some time and think about it. You’re probably envisioning white sandy beaches, trips to the golf course, and visits with family, free from the constraints of work and email. Sounds nice, right?
That’s how a lot of people see retirement. The belief is that upon reaching a certain age (usually around 65), retirement should be an expectation – a foregone conclusion. And once retired, people will get to enjoy “the good life” of unlimited freedom, time, and fun.
But when I’m asked to define retirement, I do it a little differently. I think back to 1996. Read more →
Pessimism is poison for investors. Following national headlines would have you
believe we are moments away from catastrophe, teetering on the edge of sheer doom. It’s an easy narrative in which to engage, especially when we hear it every minute of every day. The problem is that repetition often convinces people, and once convinced, people tend to ignore logic. That is poisonous for investors.
If you’ve been following this column, you understand just how damaging emotions can be when it comes to investing. Emotions cloud judgment, muddy decision making, and create stressful situations. Now I’m not going to tell you everything in our world is great, but the reality is things are pretty good. Our world is arguably better than it has ever been.Read more →
As a financial advisor, I am typically hired by clients to help them manage their resources. Most often, these are financial resources including cash, investments, etc. Sometimes I help people to manage their business resources such as connecting professionals, encouraging action, and providing advice to help make sound decisions. But there is one resource that I help investors to consider, one that we all have, but tend to be terrible at managing.
https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png00Steve Boorenhttps://prosperion.us/wp-content/uploads/2017/02/whitelogosized.pngSteve Booren2019-04-23 12:31:592019-06-18 12:10:16Improving Investor Behavior - Managing Your Time Like Money
DENVER, Colo (March 5, 2019) – With today’s stock market swings, Steve Booren’s new book, Intelligent Investing: Your Guide to a Growing Retirement Income, will help readers understand how to retire intelligently. It will equip them with the knowledge needed to get started, as well as an easy to follow investment strategy.
https://prosperion.us/wp-content/uploads/2019/03/youtube.jpg7201280Steve Boorenhttps://prosperion.us/wp-content/uploads/2017/02/whitelogosized.pngSteve Booren2019-03-19 13:44:482019-03-19 13:44:48PRESS RELEASE: Are You Prepared for Volatile Stock Market Swings During Retirement? Steve Booren’s new book, Intelligent Investing, Shows You How
Improving Investor Behavior: Mind Your “Owned” BusinessesAugust 19, 2019 - 11:11 am
Improving Investor Behavior: Mind Your “Owned” Businesses
What is Google worth? Most finance people would look up the share price, about $1,100 and multiply it by the number of shares to find what the company is currently “valued” at – about $790 billion. But does value always equal precisely what a company is worth?
If Google were to go out of business tomorrow and have a fire sale, offering up everything they have from patents to buildings, desk chairs to web servers, the total output would be significantly less than $790 billion. Likewise, if they were to announce a fully autonomous car, the value of the company could go up, likely by a significant amount.
The “worth” of a company goes beyond what it is presently priced at, to what the price could be in the future. Investors look at a company, say to themselves, “I like what they’re doing, and I expect them to grow in the future,” so they invest. They factor in a mix of intangibles: prospects for growth, risks, market conditions, and even a dash of hope, then decide to purchase a piece of that company. Collectively these purchases form the current share price.
Read more →
An Emotional Tour de Force
This last week has been a roller coaster for investors with large, swift swings in the broad market indices. It began with an announcement from the Federal Reserve on interest rates and the White House levying additional tariffs against China, which was then followed by a tit-for-tat spat between the two countries. A devaluation of the Yuan, the U.S. labeling China a currency manipulator, and a drop in the bond market yields all served as reasons for the corresponding drops.
All that to say, a lot has happened in the span of a few days. It’s given investors cause for concern, whether justified or not. But this is volatility. This is the price we investors pay to enjoy an historically above-average return from more stable investments like bonds (which are now devolving into negative yields in countries around the world).
Read more →
Intelligent Investing Book Signing at The Tattered Cover
Author & LPL Financial Advisor, Steve Booren, will host a conversation and book signing event at the Tattered Cover at Aspen Grove in Littleton.
Workshop Series: Get Fed
As women we are no strangers to stress. We juggle countless plates, everyday, often at the same time. So we’ve created a workshop series by women, for women, built just for you.
Improving Investor Behavior: Strengthen Your Financial Superpowers
My son and I were in the car driving to the store as he struggled to plug in his phone with a USB cable. He flipped the cable back and forth a few times before it finally slipped in. “If I had a superpower, I hope it would be to knowing which direction I should use when plugging in a USB cable.”
Over decades of advising families, I’ve studied their investment behavior. From those who made mistakes to those who succeeded, a list of significant practices naturally came to mind. These “superpowers” help make investors successful. They can’t leap over buildings with a single bounce or see into the future (though this could be a pretty good investment superpower), but they do manage to achieve better than average results, almost as if by magic. What are these superpowers?
Read more →
Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets
LPL Research Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets is filled with investment insights and market guidance for the year ahead.
LPL Financial Research believes that even as investors face prospects for periodic bouts of volatility, emphasizing fundamentals will remain critical for making effective investment decisions. LPL Financial Research’s Midyear Outlook 2019 provides updated views of current fundamentals and factors that should persist as shorter-term concerns fade, and emphasizes four primary pillars for fundamental investing – policy, the economy, fixed income, and equities. As headlines change, look to these pillars and LPL Financial Research’s Midyear Outlook 2019 to help provide perspective on what really matters in the markets.
Read more about our forecasts and key themes in the full publication.
Improving Investor Behavior: Retire to What?
If I asked you to define retirement, how would you describe it? Take some time and think about it. You’re probably envisioning white sandy beaches, trips to the golf course, and visits with family, free from the constraints of work and email. Sounds nice, right?
That’s how a lot of people see retirement. The belief is that upon reaching a certain age (usually around 65), retirement should be an expectation – a foregone conclusion. And once retired, people will get to enjoy “the good life” of unlimited freedom, time, and fun.
But when I’m asked to define retirement, I do it a little differently. I think back to 1996. Read more →
Improving Investor Behavior: The Positive Mindset of Investors
Pessimism is poison for investors. Following national headlines would have you
believe we are moments away from catastrophe, teetering on the edge of sheer doom. It’s an easy narrative in which to engage, especially when we hear it every minute of every day. The problem is that repetition often convinces people, and once convinced, people tend to ignore logic. That is poisonous for investors.
If you’ve been following this column, you understand just how damaging emotions can be when it comes to investing. Emotions cloud judgment, muddy decision making, and create stressful situations. Now I’m not going to tell you everything in our world is great, but the reality is things are pretty good. Our world is arguably better than it has ever been. Read more →
Improving Investor Behavior – Managing Your Time Like Money
As a financial advisor, I am typically hired by clients to help them manage their resources. Most often, these are financial resources including cash, investments, etc. Sometimes I help people to manage their business resources such as connecting professionals, encouraging action, and providing advice to help make sound decisions. But there is one resource that I help investors to consider, one that we all have, but tend to be terrible at managing.
That resource is time.
Read more →
PRESS RELEASE: Are You Prepared for Volatile Stock Market Swings During Retirement? Steve Booren’s new book, Intelligent Investing, Shows You How
DENVER, Colo (March 5, 2019) – With today’s stock market swings, Steve Booren’s new book, Intelligent Investing: Your Guide to a Growing Retirement Income, will help readers understand how to retire intelligently. It will equip them with the knowledge needed to get started, as well as an easy to follow investment strategy.
Read more →