Burger or Dog?

Post by Valley Financial Group

“Man who invented the hamburger was smart, the man who invented the cheese burger was a genius.” Matthew McConaughey

One of the most frequently asked question in the summer is Burger or Dog?  First of all, that is a hard question to answer.  If I answer, Burger typically the following question from the grill master is “What would you like on your burger?”  My Simple response is “cheese, lettuce, tomatoes, pickles and extra Ketchup PLEASE!”  That’s how I build my burger (messy with multiple layers; satisfies my appetite) If I order the dog, I just add spicy mustard, pretty traditional.  Which one is better the burger or the dog? How do you compare?  It is a debate that may never end.  It’s kind of like asking, “Which child is your favorite?”  We have added a list of what Philadelphia Financial Planner Blog believes is the 10 best hamburger makers in the Philadelphia area.  Please let us know what you think are the best.

How do hamburgers and hot dogs possibly have anything to do with Financial Planning?  You make your burger and hot dog the way that meets your likening and appetite, very similar to the way your investment portfolio is designed to meet your financial appetite (constructed to meet your needs, wants and risk tolerance).  When looking how our portfolios taste, we unfortunately compare them to benchmarks like the S&P 500.  That’s like comparing a Nathans Hot Dog to bowl of Bolognese, just because they both have some form of meat in their recipe, doesn’t mean there an appropriate comparison.  Below are the current ingredients that make up the S&P 500.  Ask yourself “Is it the investment portfolio that you ordered to meet your financial appetite and lifestyle?”  In most situations, it’s probably not.  (Thank you John Frownfelter IV CFA from SEI Investment for sharing the S&P 500 Recipe)

https://www.linkedin.com/pulse/spetes-sake-how-get-your-clients-break-up-index-frownfelter-iv-cfa

  • 100% equity benchmark. No fixed income for that downside protection
  • It  comprises 500 stocks, in a universe of over 4,000
  • It’s 100% large cap – no small cap, international or emerging markets
  • 10% of the index is comprised of four companies
  • 11 companies represent 20% of the index
  • 50 companies make up 50% of the index (which means that the other 450 stocks make up the bottom 50%!)
  • 3 of the top 4 names are in information technology (IT)
  • 5 of the top 10 names are in IT
  • Nearly 25% of the index is invested in IT

The List of Top Burger Places in the Philadelphia Area:

1.       Pub & Kitchen   http://thepubandkitchen.com/

2.       Village Whiskey http://philadelphia.villagewhiskey.com/

3.       The Dandelion Pub http://thedandelionpub.com/

4.       Ambler Feed Storehttps://www.amblerfeedstore.com/

5.       Rouge http://rouge98.com/

6.       Bridget Steak House http://bridgetssteak.com/

7.       Good Dog Bar http://www.gooddogbar.com/

8.       Grace Tavern http://www.gracetavern.com/

9.       Royal Tavern http://www.royaltavern.com/

10.   MOO http://www.eatmoo.com/