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no one can say how much sharing goes on but you can be sure it does . all someone needs to read the weekly updates and monthly newsletter on line is a common password they share.
if you are going to subscribe they did mention in the newsletter they are contemplating some bond fund changes in some models and usually those changes if they occur do so shortly after . so you may want to wait and see what they do before totally filling the bond positions so you avoid a rapid sale of them if they change .
that would only effect the two models that hold bond funds i would think , but you never know . at times the more aggressive models have owned go anywhere type bond funds ..
Last edited by mathjak107; 03-10-2016 at 04:13 AM..
Well I already fully funded 2 bond funds before I saw the potential change signaled, so I'll just have to wait the minimum time to make changes if those occur before my 30 days from purchase elapses. As it is, I might only be behind by a couple weeks in eventually making whatever changes need to be made. C'est la vie.
it won't be a problem , through the years i added money quite a few times only to have a change i couldn't do . no big deal and sometimes you may even do better staying a bit longer .
the fee structure in the financial world is a bit crazy .
you pay them a percentage to set you up in your investments , but then even after the work is done you keep paying the fee over and over and over even if no changes .
Investments 101: Everybody gets paid. And it all comes out of the investor's pocket.
I am not really happy with the fee structure of the growth model costing between 95-65 bps. I will most likely switch to low cost index funds costing under 20 bps at some point.
you have to go by performance . while it is very difficult to compare portfolio's because of the variables i can tell you that since i started in the growth model back in 1987 , a 100k investment has beaten the s&p 500 by a whopping 438,000.00 dollars difference .
i gladly paid the extra fund fees for that kind of difference compared to an s&p 500 fund or even a total market fund .
in fact over much of that time frame it was done with less volatility then the s&p .
i see no funds at .95 . they are all less then that with most below .70
you have to go by risk adjusted returns over the long term to know what you are really getting .
while i can't mention the funds by name because people pay for that info the fund with the highest fee .91% uses the russell 2000 as an index . the etf would be i-shares iwr.
even with that fee it beat the etf YTD , 2015 , 2014 and 2013
don't look at fees , watch performance .
remember too , the portfolio is not a buy and die model . it is dynamic , it changes with the big picture and tries to use the best weighted funds at the more optimum times . when that fund no longer meets its objectives and things change a different fund is used .
so what makes the models nice is the fact that someone is privy to immediate manager changes , changes in a funds weighting and other performance effecting issues which you likely will not know until after the news hits the media on your own .
to stay on top of the portfolio and keep it dynamic would require you to stay on top of events , economics and the hardest part keeping your seat of the pants reactions to the smaller issues from ruining your performance .
quite frankly not something i want to devote time to . i know i am a tinkerer at heart and i tend to think i know better and that had been my downfall as an early investor .
my total portfolio mgmt time for managing a multiple 7 figure portfolio is less then 20 seconds a week just reading the weekly recap and update .
going back to prior days i would spend all my time thinking about my next move , second guessing the last move and trying to time things to no avail to try to do better then average . having a 3rd party call the shots can be real nice when you trust their actions and they make sense to you
Last edited by mathjak107; 03-13-2016 at 04:32 AM..
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