Monday, August 25, 2008

I'm Right Here, Thanks For Asking

From the Dodgers.com website: Where Are They Now? Steve Sax. In the piece is this nugget:

Sax, 48, has taken that approach to the business world as vice president and branch manager of the full-service securities firm RBC Wealth Management in Roseville, Calif., near Sacramento, essentially making him an estate planner.

The former second baseman always worked closely with his financial adviser during his Major League career in which he earned more than $18 million, making Sax's new position a natural fit.

"I love history, and that's what the stock market is, a lot of history," Sax said. "I love business and the way it works and the way things of the day either here or certainly globally affect what happens with our finances, and I just thought it was something I've always been fascinated with. I've been doing it for almost 10 years, and I love it."

So let me get this straight. Sax is an estate planner and financial adviser, and is quoted saying he does this line of work because of his love of history? What about all those comments about past performance not being a good indicator (or guarantee) of future returns? Yikes.

If 1983 is any indication, if Sax is going to miss the target, at least he'll miss high. Which is a good thing if he's managing your money, I suppose.

Sax also made no mention in the article of all of his hard work and time invested writing for the Sons of Steve Garvey blog. Imagine that.

0 comments: