ekuhn
Well-Known Member
The term to me can be interchangeable and its all on the provider and what they are providing. It barrels down to an overall cost.Fee only or commission based?
The term to me can be interchangeable and its all on the provider and what they are providing. It barrels down to an overall cost.Fee only or commission based?
The term to me can be interchangeable and its all on the provider and what they are providing. It barrels down to an overall cost.
Commission based would have me second guessing every recommendation if they only get paid for transactions.The term to me can be interchangeable and its all on the provider and what they are providing. It barrels down to an overall cost.
Thoughts on this strategy?
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile Reprinted courtesy of MarketWatch.com.Published: February 27, 2021To read the original article click here Since the mid-1990s, I have been teaching investors that the very best way to diversify among equities is through a 10-fund portfolio that I...paulmerriman.com
Exactly what Merriman says. Although he words it differently, and assumes investors already know the obvious.Thoughts on this strategy?
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile Reprinted courtesy of MarketWatch.com.Published: February 27, 2021To read the original article click here Since the mid-1990s, I have been teaching investors that the very best way to diversify among equities is through a 10-fund portfolio that I...paulmerriman.com
Thoughts on this strategy?
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile - Paul Merriman
This investment mix beats the S&P 500 — by a mile Reprinted courtesy of MarketWatch.com.Published: February 27, 2021To read the original article click here Since the mid-1990s, I have been teaching investors that the very best way to diversify among equities is through a 10-fund portfolio that I...paulmerriman.com
Looks good. I'd go with the first one - worldwide 4 fund combo. Around age 55, start mixing in a bond fund.
A very good point. The closer to retirement you get the more conservative your allocation should be.
Target date funds are amazing for this...pick your retirement date and forget it. I'd wager 90% of people should just plop it in there and be done but everyone thinks they can beat the market.
With a lil research a couple times a year you can easily beat most of the target date funds’ returns due to their relatively higher expense ratios vs. most big-box ETFs (Vanguard, Invesco, Schwab, etc.) Look carefully because certain ETFs’ ERs rival mutual funds’ on the order of 1% or higher. I look for ETFs with <0.2% whenever possible.A very good point. The closer to retirement you get the more conservative your allocation should be.
Target date funds are amazing for this...pick your retirement date and forget it. I'd wager 90% of people should just plop it in there and be done but everyone thinks they can beat the market.
With a lil research a couple times a year you can easily beat most of the target date funds’ returns due to their relatively higher expense ratios vs. most big-box ETFs (Vanguard, Invesco, Schwab, etc.) Look carefully because certain ETFs’ ERs rival mutual funds’ on the order of 1% or higher. I look for ETFs with <0.2% whenever possible.
Agree tho, for those who can’t or won’t do the minimum and just let it roll target date funds will rebalance and adjust your asset allocation automatically over time.
probably more than 90%So, 90% of people.
So here is the problem. You go into income mode at 65 and live 30 more years. You miss at least 2 growth cycles.
Change your living expenses to match your draw in down years. Cause you don't want to be making 2020 money in 2050.
Why income mode at 65? And even if so, why would you miss growth cycles?
cause age based retirement plans overweight bonds.
Easy peasy- change the date to a later retirement date with relatively more equities if you want more potential growth than overweight bonds.cause age based retirement plans overweight bonds.