Mike McGinley's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/243535/comments http://seekingalpha.com/article/148614-the-end-of-asset-allocation?source=feed#comment-587638 587638
70% stocks (domestic, foreign, REITS, etc)
30% bonds (with a large portion of this in lower quality bonds)

It only required common sense to realize that a portfolio like this was not really diversified. A better allocation would be one like this:

50% stocks and lower quality bonds
10% gold
40% high quality bonds (government) and cash

Unfortunately, so many investors are convinced their portfolios MUST have lots of stocks. ]]> Tue, 14 Jul 2009 12:40:02 -0400
70% stocks (domestic, foreign, REITS, etc)
30% bonds (with a large portion of this in lower quality bonds)

It only required common sense to realize that a portfolio like this was not really diversified. A better allocation would be one like this:

50% stocks and lower quality bonds
10% gold
40% high quality bonds (government) and cash

Unfortunately, so many investors are convinced their portfolios MUST have lots of stocks. ]]> http://seekingalpha.com/article/105623-is-buffett-really-losing-his-touch?source=feed#comment-304125 304125
Everybody is a trader nowadays. How can Buffett not be trading his account?

Everybody is going to buy at the right time, just before a rally. Who knows, maybe Buffett is waiting to buy 8 million shares of SSO at exactly the right time (like everybody else). I hear he is contemplating 3X.

]]> Wed, 12 Nov 2008 11:57:29 -0500
Everybody is a trader nowadays. How can Buffett not be trading his account?

Everybody is going to buy at the right time, just before a rally. Who knows, maybe Buffett is waiting to buy 8 million shares of SSO at exactly the right time (like everybody else). I hear he is contemplating 3X.

]]> http://seekingalpha.com/article/104003-opportunity-in-the-paulson-backlash?source=feed#comment-298394 298394 Tue, 04 Nov 2008 21:38:58 -0500 http://seekingalpha.com/article/103266-personal-income-and-spending-saving-is-the-new-trend-again?source=feed#comment-295219 295219
Substantially higher savings will help rebuild a better economy in the future and it will save the dollar.]]> Fri, 31 Oct 2008 12:24:09 -0400
Substantially higher savings will help rebuild a better economy in the future and it will save the dollar.]]> http://seekingalpha.com/article/102456-so-we-find-a-bottom-then-what?source=feed#comment-292823 292823
Boomers without a decent size portfolio will probably work for a longer period (which is a good thing all around). Most of them cannot afford to spend 30 years in retirement and, as such, most will not do so.]]> Tue, 28 Oct 2008 16:58:18 -0400
Boomers without a decent size portfolio will probably work for a longer period (which is a good thing all around). Most of them cannot afford to spend 30 years in retirement and, as such, most will not do so.]]> http://seekingalpha.com/article/98007-four-myths-about-the-free-market-and-its-demise?source=feed#comment-270567 270567
Are you kidding me? The Fed seeks the best solution for everybody? Really? Like protecting savers, retirees, the poor, and those who are prudent with their money?

The quality of life of most Americans is lower than it should be because of one organization: the Federal Reserve. Yet, somehow the author wants you to believe that it finds "the best solution" for everybody. ]]> Wed, 01 Oct 2008 13:14:28 -0400
Are you kidding me? The Fed seeks the best solution for everybody? Really? Like protecting savers, retirees, the poor, and those who are prudent with their money?

The quality of life of most Americans is lower than it should be because of one organization: the Federal Reserve. Yet, somehow the author wants you to believe that it finds "the best solution" for everybody. ]]> http://seekingalpha.com/article/90996-changes-in-p-e-ratios-during-the-current-bear-market?source=feed#comment-230713 230713
Yes, for now. I remember managing client's portfolios in 2001 and thinking, gee this isn't so bad; all the value stuff has helped clients do OK. Of course, then 2002 came around and the bear market arrived in earnest. ]]> Thu, 14 Aug 2008 20:01:12 -0400
Yes, for now. I remember managing client's portfolios in 2001 and thinking, gee this isn't so bad; all the value stuff has helped clients do OK. Of course, then 2002 came around and the bear market arrived in earnest. ]]>