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bmullen

bmullen
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  • What if I Were a Buy and Hold Investor? [View article]
    There are people who believe in fortune tellers so there will be people who believe in Cullen Roche.
    Dec 10, 2010. 03:35 PM | 4 Likes Like |Link to Comment
  • What if I Were a Buy and Hold Investor? [View article]
    Markets are efficient which basically says that the price of a stock reflects all known and knowable information. Prices change when new information becomes available. The efficient market theory does not mean markets make money every day or every week or every month or every any other period.
    Yes I have lived throught the last couple of years and through the 1990s and 1987. And everyone who was totally invested throughout that time period in a truly diversified portfolio and rebalanced quarterly is a very happy investor today. Just in case you did not know, the S&P 500 is not a diversified portfolio.
    Dec 10, 2010. 04:07 PM | 1 Like Like |Link to Comment
  • What if I Were a Buy and Hold Investor? [View article]
    I am a financial coach who believes in the Free Market Portfolio Theory
    Dec 10, 2010. 03:42 PM | 1 Like Like |Link to Comment
  • What if I Were a Buy and Hold Investor? [View article]
    leopardtrader, put that in writing as a guarantee and you will have speculators lined up at your door.
    Dec 10, 2010. 04:37 PM | Likes Like |Link to Comment
  • Proof that the Modern Portfolio Theory Should be Declared Dead  [View instapost]
    When you start with an incorrect premise, the conclusion will rarely be correct. Stating that the basis of the MF industry is MPT is absurd. I do not know of any one MF that adheres to MPT with respect to diversification and rebalance. There is little to any diversification in an individual MF. Even the S&P 500 is not diversified. It represents the largest 500 stocks in the US. The Dalbar QAIB does compare the average investor against a true MPT based portfolio. The average MF has a turnover ratio of 100+%. That is stock picking and market timing. MPT has never stated that MPT guarantees a positive return. The business model of the MF industry does not put the investor's best interest first. It puts the MF company first.
    Dec 6, 2010. 05:37 PM | Likes Like |Link to Comment
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