Happy New Year, Consuelo and team! I’ve been watching the show for what feels like over a decade. It’s part of my weekend routine. Thanks for your great work!
This guy seems annoying and confused. First, he shouts rather than speaks; second, he relies on figures of speech "we need to rethink," which is pap and takes refuge in mindlessly repeating Wall St. words like "hedged equity strategies," 4:46 Then he weasels with words like "perhaps." He's a noisy jargon machine; whereas, if he really knew what he was talking about, he could calmly describe the FACTS and dynamics and make it plain. He would not need to refuge in such vagueness, as he does.
Sounds like you want someone to just tell you what to do and think. While it’s not great tv, he’s talking in probabilities and potential outcomes. I can see how that’s annoying but that’s the reality of finance. I’m guessing the following phrase annoys you: “past results do not guarantee future returns”
as soon as he said those hedging strategies depends on finding good managers, it turned me off. Better just to stay diversified in index funds. I just don't feel I learned much from this episode.
I agree. 60/40 or 70/30 is fine for just about everyone. The more you fuss, the more your costs increase. Just set it and forget it. Don’t be your worst enemy. Buy a few index funds and ignore these experts. Good luck, all!
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
I do enjoy hearing what fund managers say... and what they do not say. The T Rowe Price global equity funds have not done very well at all and charge 1.1%/yr. The s&p500 etfs beat these funds and only charge 0.03%/yr. The most important investment risk is poor advice...
Factor and manger selection risk likely don’t return the needed return or reduced risk to overcome the fees. Boring investing confirmed by watching this episode.
I believe he is talking about having a portion of your stocks and another portion of your bonds in buffered ETFs And I think that is what he meant by sleeves Because that is how The Buffer, ETF companies present it I agree with him and in my 6040 mix about 10% of the 60 is in buffered ETFs and on the bond side I have about half of the 40% into buffered ETFs Are buffered ETFs are basically the S&P 500 with the And they buffer the downside by a percentage usually 15 or 20% depending upon what you pick These are great, and there are no fees or commissions, other than the ER
What worked in 2022 when stocks and bonds went down together - a short term Treasuries and CD ladder, using 1-6 months maturities. Plus Vanguard federal money market This strategy was a great diversifier to stocks and bond funds which became highly correlated when interest rates went up, It provided measly returns and stability of principal, but it let investors sleep well at night to ride out the storm.
