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July 14, 2017

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PAGE 2 POST-GAZETrE, JULY 14, 2017 by Prof. Edmund Turiello A weekly column highlighting some of the more interesting aspects of our ancestry.., our lineage.., our roots. NERO'S FIASCO Chariot racing, Sport in ancient Rome, Sport in antiquity, chariot races Sala della Biga, Vatican. Nero always thought Lthat he some women even gave birth possessed a God-givenvoice. The there. The gates were closed and only thing that he didn't know guarded. Consequently, those was that God had scheduled it who were more athletically in- to be given to a man named Pa- clined leaped from the walls to varotti about 1,900 years later, escape, while others faked death Nevertheless, he made his de- and had to be carried out as ffto but in a theater at Naples, and be buried. In an effort to erase the performance was disrupted the memory of some of the great by a sudden earthquake shock, singers of that day, he had their indicating that even God was statues or busts thrown down, displeased. During all of his lat- dragged offwith hooks, and cast er performances in Naples, the into the public privies. house was packed with persons Nero also had visions of be- who were paid to applaud. He coming an Olympic champion. also toured some of the singing He appeared at the 211 Olym- contests in the Greek provinces, piad with 5,000 attendants. The His performances were greeted main purpose of the attendants with great applause in bur- was to cheer him on to victory in lesque fashion. This caused him the chariot race. No one dared to declare that the Greeks were to oppose him, but even as the the only ones who had an ear sole entry, he fell off his chad- for music and that they, alone, ot, had to be assisted back on were worthy of his efforts, board, and still couldn't finish When he was singing, no one the race. was allowed to leave the theater It should come as no surprise for any reason. It is said that that he was declared the win- by Chris Hanson Make Mine a Treasure Chest The outgoing governor, in- proper for the investor's risk ternational press, and local tolerance. The investments ner by a jury that wouldn't have mucky-mucks all sat silently might be too risky or not risky voted any other way. Upon his as the historical time capsule enough. The only way inves- departure, he presented the en- was opened at the Museum tors earn a return in the stock tire province with their freedom of Fine Krts. Originally placed market is to take risks, but if and conferred Roman citizen- in a cornerstone of the Mas- the risk level is too high and ship on the judges along with sachusetts statehouse by our causing lost sleep, it's not a large sum of money. He re- forefathers, the contents could worthwhile. It's prudent for turned from his Olympic fiasco provide more clues to our colo- investors to assess their risk by first entering Naples through nial past. The crowd was trans- level first, and then select ap- a breach in the wall in the man- fixed; what was in the box? The propriate investments. ner of returning Olympic cham- possibilities seemed endless Next, a robust analysis of- pions in ancient Greece. He that January2015 night, ten proves investors are not then entered Rome in like man- Well, while historically sig- as diversified as they think. ner, except that he rode in the nificant, the artifacts left some You may own several mutual chariot that Augustus had used people disappointed. Our co- funds with glitzy names from in his triumphs of bygone days. lonial fathers did not makeGreek mythology or space age He wore a purple robe with gold much, so they did not have buzz words and think you are stars, and on his head he wore much to leave us. Observ- diversified, but you're not. the Olympic crown -- a wreath ers hoping for a miniature Managers at the larger funds of sacred olive leaves. A mas- swan boat, a prototype Jor-frequently purchase the same sive parade led through the dan Marsh blueberry muffin,stocks because the companies Circus Maximus, then through or maybe a coveted invitation are deemed "hot stocks." Many . the "Porta Triumphalisf and to Kathryn Whites' birthdaytimes, the "hot stocks" don't on through the Forum Mag- party were in the wrong place live up to the hype. By not di- num Romanum to the Temple at the wrong time. What theversifying, you likely are miss- of Apollo, where our great hero time capsule held were coins, ing out on the stocks that usu- laid a wreath at the foot of the old newspapers, and a silver ally give the best performance temple and gave thanks to his plate. Only the history buffs over the long run. gods once again, exactly as it were fascinated. Finally, a qualified advisor was done by the Olympic chain- What does your time cap- may point out that you are pions in ancient Greece. All sule hold? Before you say you paying too much in expenses. along the route, prisoners were don't have one, let me explain. Quick, without looking at any- slain as human sacrifices to this Your time capsule is the box or thing, how much are you pay- champion of champions. The desk drawer holding all your ing in expenses? Most inves- path of his triumphal parade mutual fund statements thattors have no idea, but the more was sprinkled with perfume, you never review. They may you pay to the mutual fund while applause and honors were be IRAs, 401ks, 403Bs, etc., company, the less goes into showered upon him. It follows that you have not looked at be- your time capsule. Over time, then, that the shame and the cause you think everything is what seems like small dollars sham of Nero, one of the most just free. But is that what you add up. I'm sure you agree that pathetic fiascoes that the sports want to settle for, "just fine?" the money would look much world has ever known, was hon- Take the advice of legendary better in your account. ored by probably the greatest money manager Peter Lynch: It's all your choice. You can victory parade that this same "You have to know what you place your investment state- world will ever see. own and why you own it" andments in a time vault and may- you will likely do better than be do "just free," or review your II~UE: Nero's Perversion "just fine." portfolio with a qualified advi- INCOME RESTRICTED RENTAL OPPORTUNITY THE BEVERLY 101 Beverly Street, Boston MA 02114 191 Income Restricted Units Maximum Income Limit Range Unit Minimum Income # of Units HH Size* from 110% to 165% Type Requirements* of area median income** 46 Studio 1-2 $64,540 $79,640 - $136,620 108 1 br 1-2 $79,640 - $136,620 $69,145 $82,994 The Wicked Smart Inves- sor and maybe build a jam- tor has unearthed many sur- packed treasure chest. Getting prises when reviewing people's your financial house in order dust-covered investment state- doesn't take the effort of an ar- ments. I don't even have to lie chaeological dig and it may be on a wooden plank and chip the best gift you leave for your away at stone like MFA con- future self. servator Pam Hatchfield did to Chris Hanson is a CPA who remove the colonial time cap- specializes in financial plan- sule. while some of the invest- ning at OakTree Capital Part- ment surprises I find come out ners in Easton. He earned his of left field, most of my discov- BBA at the Isenherg School of eries usually involve three crit- Management, University of ical issues. Massachusetts, and an MBA First, a frequent discovery at Babson College's F. W. Olin is the investments are not Graduate School of Business. 17 2 br 2-4 $91,080 - $170,610 20 3 br 3-6 $95,902 $102,410 - $198,000 *Household size and income requirements reflect the I person per bedroom preference. **Maximum income limits vary by household size. Studios starting at $1,940 * 1 Bedrooms starting at $2,063 2 Bedrooms starting at $2,473 * 3 Bedrooms starting at $2,853 Applications available for download at You may also request an application by sending your complete mailing name and address, including apartment number & zip code, to: BEVERLY STREET REQUESTS, 398 Columbus Avenue, Box 290, Boston, MA 02116-6008. Requests will be received through August 30th, 20t7. Applications may be picked up in person at Lovejoy Wharf, 131 Beverly Street, Boston, MA 02114 at the following dates and times Monday - Friday July 17th - July 28th, 2017 9am-5pm, with late hours until 7pm Thursday July 20th, 20t7 AND Thursday July 27th, 20t7; weekend hours Saturday July 22nd AND Saturday July 29th, 2017 9am-12pro. Postmark deadline for completed applications to be included in the lottery is September 6th, 2017. Sele(;tion by lottery. Asset, Use & Occupancy Restrictions apply. Persons with disabilities requiring wheelchair accessible units have preference for 10 units. Persons with disabilities requiring sensory accessible units have preference for 4 units. Preference for Boston Residents. Preference for households with at least one person per bedroom. To request reasonable accommodations, call Related Management at 617-663-8000. Equal Housing Opportunity LETTERS POLICY The Post-Gazette invites its readers to submit Letters to the Editor Letters should be typed, double-spaced and must include the writer's name, address, and telephone number. Anonymous letters are not accepted for publication. Due to space considerations, we request that letters not exceed two double-spaced, type-written pages. This newspaper reserves the right to edit letters for style, grammar and taste and to limit the number of letters published from any one person or organization. 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