All-ETF Portfolios vs. Strategic Mix of Stocks [View article]
John Doe-
Geoff is making two points and <b>NOT</b> trying to set up a portfolio.
Point one: Use mean variance optimization thus achieving proper diversification. Point two: ETFs or low-cost mutual funds have a cost.
You agree with point one and disagree with point two as the aprox. 1% difference between ETN and Geoff's method is negligable in your opinion (the ETF cost).
Disclosure: Comment written by a CrossProfit non journalist professional analyst. This is not an opinion on the article. www.crossprofit.com
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John Doe-
Aug 07 06:59 am
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All Comments by CrossProfit_ »All-ETF Portfolios vs. Strategic Mix of Stocks [View article]
Geoff is making two points and <b>NOT</b> trying to set up a portfolio.
Point one: Use mean variance optimization thus achieving proper diversification.
Point two: ETFs or low-cost mutual funds have a cost.
You agree with point one and disagree with point two as the aprox. 1% difference between ETN and Geoff's method is negligable in your opinion (the ETF cost).
Disclosure: Comment written by a CrossProfit non journalist professional analyst. This is not an opinion on the article.
www.crossprofit.com