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The mere reason you are trying to compare apples to oranges and do not understand what the properties of a core fund should have says do not give advice to others.
Nothing personal but betting the ranch on long term treasury's and junk bonds is not the purpose of a core holding.
A core fund is one you can hold for decades if you like without having to time out of it.
For a conservative core i like fidelity balanced or fidelity puritan. Many retirees use vanguard wellesly . S&p 500 or total market funds make good cores
Last edited by mathjak107; 05-24-2016 at 01:56 PM..
S&p over that same time 1.74, 1.38, 13.69, 32.39 and 16
Let's also hope Arizona doesn't run into any problems. I guess core holding don't need to consider concentration risk especially considering maturities and geographic location
The mere reason you are trying to compare apples to oranges and do not understand what the properties of a core fund should have says do not give advice to others.
Nothing personal but betting the ranch on long term treasury's and junk bonds is not the purpose of a core holding.
A core fund is one you can hold for decades if you like without having to time out of it
Remember the line from "Wall Street"...... "The value of information. I don't care where or how you get it. Just get it".
I'll alter that to read: All I care about is the bottom line, making $$.
I don't care how you do that.
There are many different ways. I respect your knowledge MJ but your way is not the only way.
Many different ways to invest:
* Mutual Fund Set it and forget it
* Trades and more trades
* Stocks
* Bonds
* Short sales (for me....rarely)
* Futures (even I'm not crazy enough to dabble here)
* Options (see above - I don't play this game either)
We are not disputing how YOU make your money. We are disputing the advice you give to others. Recomending high volatility , leveraged non diversified bond funds to folks is a very poor idea
S&p over that same time 1.74, 1.38, 13.69, 32.39 and 16
Let's also hope Arizona doesn't run into any problems. I guess core holding don't need to consider concentration risk especially considering maturities and geographic location
Agree. HDGE is only in there because market appears to be at a top
Used Arizona Muni Fund rather than the spend first ask questions later states like NY, CA, IL etc
Agree. HDGE is only in there because market appears to be at a top
Used Arizona Muni Fund rather than the spend first ask questions later states like NY, CA, IL etc
I do.
There's risk in every single investment you can make. Every one. I don't mind a little state wide risk here -- Arizona is a conservative growing state. They will pay their bills.
Not every investment has much risk. Many have volatility and little risk. Riding market cycles up and down like an s&p fund is not risky it is volatile.
You can make it risky by using long term investments for short term purposes . Do you really think you will lose money 20-30 years later in the s&p ?
I do.
There's risk in every single investment you can make. Every one. I don't mind a little state wide risk here -- Arizona is a conservative growing state. They will pay their bills.
They will pay their bills until they don't. You are foolishly chasing past returns sticking to one state only and eliminating such a high level of concetration risk
Not every investment has much risk. Many have volatility and little risk. Riding market cycles up and down like an s&p fund is not risky it is volatile.
You can make it risky by using long term investments for short term purposes
That's exactly what people were saying in '06 / '07 / '08.....
There's no risk in real estate. Prices always go up!
And who would have thought that one of the big 5 investment banks (Lehman) would simply disappear? And the same fate would have happened to two others - Merrill and Bear Stearns....if the gov't hadn't stepped in.
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