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Too bad nobody read my entire post, and took all of my points in context.
Some additional info that maybe I should have included, but didn't think was necessary:
VWIAX/GLRBX is only 20% of my portfolio -- the other 80% is tax-deferred.
The alloca…
The "big deal with it" is the 3, 5, 10 and 15 year Standard Deviation.
Regarding the the tax cost ratio as being "big drag on performance", I hold VWIAX in a non-taxable account, so there is no tax drag.
As I said, "the ER is just about the only …
Leroy,
I tried my best to get you to understand the "obsession" with low expenses.
Mona
So what is the big deal with it? The tax cost ratio is also a big drag on performance.
Anybody?
Leroy,
Because, as the sun rises from the east, the ER is just about the only metric you can be certain will be the same the next day. And, 83 basis points does not come for free. It's a significant drag, that if overcome, will be through increase…
Always wonder about the Big concern with Costs, Performance is based on NET figures, (that is minus all costs), for your easy comparison, If you NEED to Worry.....
be concerned with Performance! 10 yr. returns would be a good place to start
I've ne…
;)
The maniacal host with his flailing arms was a bigger distraction to me than the background, which was also annoying, just less so. Otherwise it was okay, but nothing like Uncle Lou's show.
Liz is HOT, and gets hotter as time goes on. But of cou…
The maniacal host with his flailing arms was a bigger distraction to me than the background, which was also annoying, just less so. Otherwise it was okay, but nothing like Uncle Lou's show.
Liz is HOT, and gets hotter as time goes on. But of course…
That's her! Thanks for the trip down memory lane. Keeping track of my harem is a tough job and sometimes I need help, lol. This pik is about 2 years old -- she still looks sweet to me.
Oh well, back to the bulls and bears . . .
When Lou would sit at the big table and the weekly guests would join him, sometimes there was a *very good-looking* female in the mix. I don't remember her name but I wouldn't mind seeing her again. :D
Sorry for being so shallow. :(
Gail Dudack. …
When Lou would sit at the big table and the weekly guests would join him, sometimes there was a *very good-looking* female in the mix. I don't remember her name but I wouldn't mind seeing her again. :D
Sorry for being so shallow. :(
LOL, nice chart!
A retired friend of mine, who lives many states away and has something over $1M in his portfolio, told me about 6 months ago that he was buying 3D printer stocks. He didn't say how much, but if someone wanted to gamble with 5% - 10…
I just finished Larry Swedroe's new book "The Incredible Shrinking Alpha." It reinforces the argument of passive vs. active fund management, and how as time goes on it becomes more and more difficult to beat the market.
FWIW: I bought HAP some years ago, an index of companies that deal in commodities. It basically went nowhere so I sold it 2-3 years later.
I know a properly diversified portfolio should have some commodities, but aside from doing good during the wo…
>> 45 years it has returned essentially what the stock market has returned,
I must be missing something. Since origin, summer 1970, it has more than doubled SP500.
According to records, the S&P has returned about 10.5% since 1926, with…
After spending many evenings slicing, dicing, and contemplating a bunch of "set and forget" funds, in 2013 I bought Wellesley. It is 20% of my portfolio and I'm a happy camper.
Its long-term record, considering volatility, is hard to beat: Since in…
I own SLYV, the SPDR S&P 600 Small Cap Value ETF - however - SKSEX is very tempting. It is probably the premier small cap fund, or so it seems. It has an annualized return of 12.75% since inception in 1987.
But I've made too many changes lately…
