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CTFAX looks good. Important to note new management since 5/2018. Performance since 5/2018 has been stellar. I am seeing an increase in 30/50 fund of funds in the last 5 years. 49% equity allocation.
Don't want to get off on a tangent, but a quick side opinion....if a professional ChFA with 30 years of experience managing millions with a large staff of assistants and networks of peers with unlimited resources cannot beat the SP500 over long per…
When you hear the phrase "barbell strategy" among investment professionals it has a wide spectrum of meaning. Taleb is reported to have had some eye opening return numbers advising Universa. I personally enjoy his thoughts and philosophy on how to …
The equity profiles are quite similar, .....
Important to note significant differences between the two funds in equity holdings: VWINX 36% with HBLYX holding 44%.
I guess it depends on the situation. Google: What Happens to Stocks and Bonds When the Fed Raises Rates? by the awealthofcommonsense guys. Some heavy losses '71-81 in 20 year bonds when the Fed rose. No data for the intermediate bonds.
VLAAX has good recent performance and is catching the attention of many. I want to point out this fund holds a weight of 47 in the growth arena per M* which is much higher than an avg 50/70 fund with a yield much lower 0.38% than an average balanced…
Yes, my plan was to take any candidates that pass this 5 year screen and then test them 2007-09 depending on fund inception date. Max Draw is personally my highest priority risk measurement metric (compared to CAGR). Therefore the fund will need to…
msf, I posted on M* earlier today and threw out Sharpe in that post. OK good point, lets focus on CAGR and Max Draw. Do you have any suggestions? I got PBRNX as another suggestion I have not looked into yet. DHHIX is close enough to populate my watc…
several popular balanced funds have started racheting up their price/book >4.00 with this bull market which makes a little nervous and throws me outside my risk tolerance. Even the higher octane PRWCX is sub 3. Not sure how this plays out. Thank…
Taleb stresses rule number 1 is do not go to zero. A lot of emphasis is placed on growth and asset allocation rightly so. But more important IMHO is withdrawal strategies (a myriad of these belief systems abound). If you get the growth and AA right…
In choosing one fund you may be getting broad diversification in portfolio equity holdings, but you are getting only one of these: management philosophy, prospectus objective, asset allocation, cap gains liability, hedging strategy or not, fund fam…
Thanks for inputs. If Max Drawdown is/was almost equal, but long term since inception VADAX has outperformed SPY 363% vs 225% total return (since around Jan 1999), why hasn't the industry AUM seen more migration to EW? What am I missing? Each one …
If anyone can provide a white paper on which has better risk adjusted returns Equal Weight vs Mkt Cap Weight please post it. I was satisfied for a long time that the answer was equal Sharpe Ratios explained it...but of late that premise does not ho…
I was weaned from small cap growth/similars in the dot.com bust. Many of the funds mentioned above had 56-70% MaxDraw during 08-09. They seem to sell off first and hardest. In my mind, that statistic alone negates any other positive metrics... par…
Another reason for investors to index.
Hire a strong seasoned CEO to begin with that has the resolve and determination to articulate a long term strategy regardless of time frame reported.
Without looking at the details of the individual portfolio, age, health, cost basis, sources of income, tax conditions, risk tolerance and personal goals of the investor..... that might be a broad statement not applying to 100% of portfolios.
The size of an investors portfolio vs budget is the most important discussion with a financial planner IMHO. This will drive asset allocation and risk tolerance. The age of the investor is the most critical component of that discussion as you note…
I have gone round and round though the years about the issue of how granular a portfolio should be. I think a REIT allocation is probably good, however I personally have decided to use the S&P 500 and stop further in depth allocations such as m…
Little5bee, yes I am also unclear on the runners up winnings. Next week the best of the best compete against each other. They need a Seniors Jeopardy for those unfortunate over 70 years of age with time limited recall challenges. That would be fun t…
I confess. I always watch Jeopardy. Saw Pelosi tonight. In most circumstances, it is usually apparent one of the contestants seems more adept than the other two, however their risk management is lacking in Daily Double/Final Jeopardy. I would like t…
This worked for me...try logging off....go to the new M* home web site.......log back in from there.....go to discuss in the MORE drop down. (using desktop, not mobile).
Last I checked Wall Street had a 85% probability of a December rate hike which translates into CD rates creeping up slowly through 2/2018 with credit unions offering improving rates slightly ahead of that curve.
Yes, the 12% allocation = 3 years at 4% each year. Perhaps even one year higher dependent on comfort levels.
The main reason I brought up this issue of cost basis is I have a personal belief that market drawdowns will become more severe duri…
msf, did not mean to totally direct the post to you but I will answer you now. Not to get too far down in the weeds....my OP suggests that long term savings rate is important and is within direct control of the investor and secondly, at what price …
More thoughts...If you had no income and had no assets and inherited $1M today tax free..... would you invest it all in the market today at a 4% withdrawal rate (many people are 4-5.5%)? This Bull market is up 3.5 times since 3/9/2009 low. Or for…
For an investor in retirement down 57% and continuing to withdraw for income he won't care whether its called a correction or bear market. The pain is the same. Good luck NOT timing the market. Re: 1% cash...IMHO how much you don't lose is more imp…
How much an investor spends (budget) is under his direct control. This, in turn, affects how much he saves. Market returns are not under his direct control. The cost basis of when he invests in the market is of paramount importance. The last two co…
