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"It kind of forces you to buy low and sell high," says UBS financial advisor Ron Vinder, who...
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Saturday, August 18, 2012, 8:29 PM ET"It kind of forces you to buy low and sell high," says UBS financial advisor Ron Vinder, who relies almost solely on ETFs for client portfolios and rebalances once a year - shedding the best performers and buying the underachievers. "The more asset classes you introduce into a portfolio, the less risk and the better the return you'll have over a long period of time."
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After many many inane comments, YOU are the last person that anyone should take advice from.
Did you get this also from the DNC?
Using your own logic, no one should take advice from you either.
Please feel free to reply with mentions of Obama, Nostradamus, Colonel Sanders, The Gettys, and Groucho Marx, as I won't be replying to your nonsensical blather regardless.
I would hope the readers on SA are smarter than to take investment advice from me.
Works as long as reversion works, which means most of the time.
Big danger is shedding winners at the outset of a runaway bull run and loading up on losers while they are on their way to annihilation...