Why I'm Skeptical About Asset Allocation [View article]
AA starts with "don't put all your eggs in one basket" and that's good. After that it is a down hill ride. What percentage of each asset to you use and why? How often do you rebalance and why? AA looks in the rearview mirror for risk/reward. Only people making money on AA are those who get fees and commissions. When the economy crashes, then AA only response is I beat the S&P.
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AA starts with "don't put all your eggs in one basket" and that's good. After that it is a down hill ride. What percentage of each asset to you use and why? How often do you rebalance and why? AA looks in the rearview mirror for risk/reward. Only people making money on AA are those who get fees and commissions. When the economy crashes, then AA only response is I beat the S&P.
Sep 28 13:52 pm
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