CrossProfit_

All-ETF Portfolios vs. Strategic Mix of Stocks

Just curious but I have to ask being that you choose to maintain anonymity. Do you appreciate that there may be reasons that others like the heads of our teams and analysts are required to maintain anonymity. As for our CEO, Saul Sterman’s picture appears in his SA Bio! You have me at a disadvantage being that I have no idea who you are or what you do for a living.

The reason that I didn’t state an opinion on Geoff’s article is that I am not the ETF expert at CrossProfit. The CrossProfit ETF expert is David Kimche who happens to have 30 years of banking and investment experience. Until recently he held one of the top positions at Israel’s fourth largest bank. Being that Mr. Kimche has his own website and is no longer with Mizrahi Bank anonymity is not required. Mr. Kimche specializes in all ETF portfolios for himself and his clients (as well as other types of investments for some larger family funds).

www.kimfo-fs.com/found...

It appears to me that you are striking out at the wrong people. Both the "journalist" comment and the "about us" slur were superfluous.

Should you wish to apologize, please do so at faq [at] crossprofit.com, Attn:BBK

All-ETF Portfolios vs. Strategic Mix of Stocks

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