Well Balanced. Volume 28. A round-up helping you get today right.
📈 Stock Quote
“If you want to build a ship, don’t drum up the men to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea.”
― Antoine de Saint-Exupéry, French writer, poet, journalist and aviator.
🏢 Do You Know The Value Of Your Business?
Knowing your business’s valuation today could be more helpful than you think. Your valuation can help inform your future plans, growth opportunities, and when the time comes, how much someone else might be willing to pay for your company.
Link to Vector Blog Post
🎂 Important Birthdays Over 50
There are still plenty of birthdays over 50 that have significant financial importance. Keep in mind these upcoming birthdays and how they could impact your financial decisions.
Link to Vector Blog Post
🌿 Minnesota in the Spring
Big Bog State Recreation Area has been called Minnesota's last true wilderness. The 500 square mile peat bog features a mile-long boardwalk allowing visitors to experience rare plant and animal life.
Located 40 miles south of the Canadian border in Waskish, MN, this park is worth the trip if you're into spring's blooms, buds, and blossoms.
🍞 How to: Sourdough Bread
There are as many ways to create, nurture, and bake with a sourdough starter as there are bakers in the world. Baking company King Arthur has a resource page to learn more about sourdough baking.
Their guide in four sections: Understand, Create, Bake, & Maintain.
Link to King Arthur's Sourdough Baking Guide.
👧 100 Million Barbie Dolls
Did you know that it took 336 months for Barbie to sell 100 million dolls. From 1959 to 1997, Barbie "users" grew at a compound annual growth rate (CAGR) of 23.8%.
Months to 100 Million Users
336 - Barbie
70 - Uber (Ride share)
9 - TikTok (Social media)
2 - ChatGPT (Artificial intelligence language model)
(source: Company data, Yahoo Finance, Goldman Sachs GIR)
🎧 Podcast
Subscribe to Vector’s Well Balanced podcast on Apple Podcasts or Spotify for weekly market updates and real-world financial planning scenarios.
🍿 ICYMI
Insights & Videos
Perspective from Vector
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