60/40 is Done - Now It's 70/20/5
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60/40 is Done - Now It's 70/20/5
Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
https://www.kitco.com/news/2021-07-20/T ... mTree.html
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Re: 60/40 is Done - Now It's 70/20/5
Doesn't quite add up..
Also, I was not familiar with the this source, so I reviewed their web site. I would say they have a vested interest...
" Kitco is the global precious metals authority and retailer of bullion products, recognized as the leading voice in commodities information providing best-in-class news, data and insights."
Also, I was not familiar with the this source, so I reviewed their web site. I would say they have a vested interest...
" Kitco is the global precious metals authority and retailer of bullion products, recognized as the leading voice in commodities information providing best-in-class news, data and insights."
Re: 60/40 is Done - Now It's 70/20/5
And they wrote it again in the body of the article so it wasn’t a one-time typo.aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
Maybe the 5% covers the Wisdom Tree ER?
It's not an engineering problem - Hersh Shefrin | To get the "risk premium", you really do have to take the risk - nisiprius
Re: 60/40 is Done - Now It's 70/20/5
They don’t list the 5% that goes to their company
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- goodenyou
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Re: 60/40 is Done - Now It's 70/20/5
5% is hope. There is no wisdom in Wisdom Tree.
"Ignorance more frequently begets confidence than does knowledge" |
“At 50, everyone has the face he deserves”
Re: 60/40 is Done - Now It's 70/20/5
None of the user comments below the article point out the error, either. This reduces my opinion of financial media even more.
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Re: 60/40 is Done - Now It's 70/20/5
Ahh yes, the old 70/20/5. The missing 5% is ex-US—because it’s gone.
Re: 60/40 is Done - Now It's 70/20/5
Yikes! Perhaps 95 is the new 100? It's the inflation thing. You have to account for shrinkage.
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
Re: 60/40 is Done - Now It's 70/20/5
You guys just crack me up!
A fool and his money are good for business.
Re: 60/40 is Done - Now It's 70/20/5
We’ll be here all week…
It's not an engineering problem - Hersh Shefrin | To get the "risk premium", you really do have to take the risk - nisiprius
Re: 60/40 is Done - Now It's 70/20/5
When you're good you only need 95%. Using 100% is for diffident also-rans.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
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Re: 60/40 is Done - Now It's 70/20/5
child support ? alimony ?
casinos / scratch-offs?
crypto?
fast food / starbucks fund ?
i gotta know
---------------------------------
casinos / scratch-offs?
crypto?
fast food / starbucks fund ?
i gotta know
---------------------------------
Re: 60/40 is Done - Now It's 70/20/5
I don't think advanced mathematical knowledge is of any use in the investment process. W Buffett
Re: 60/40 is Done - Now It's 70/20/5
My strategy is 70/30/10! 110% > 100%aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
Re: 60/40 is Done - Now It's 70/20/5
Maybe the other 5% is high yield savings. Typically savings aren't considered part of the Investment Policy Statement
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Re: 60/40 is Done - Now It's 70/20/5
Punny
"Anyone who claims to understand quantum theory is either lying or crazy" -- Richard Feynman
Re: 60/40 is Done - Now It's 70/20/5
Well, we know that 70/20/5 don't add up to 100, could be shrinkage from inflation, might be management fees, or the authors of the article don't grasp basic math. Bogle said that a 65% stock/35% bond portfolio was good for most investors and I will go with that. At least 65 + 35 = 100.
A fool and his money are good for business.
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Re: 60/40 is Done - Now It's 70/20/5
Take investing advice from someone who can't do kindergarten level math? Sounds like a winning strategy.nedsaid wrote: ↑Thu Jul 22, 2021 6:37 pmWell, we know that 70/20/5 don't add up to 100, could be shrinkage from inflation, might be management fees, or the authors of the article don't grasp basic math. Bogle said that a 65% stock/35% bond portfolio was good for most investors and I will go with that. At least 65 + 35 = 100.
Re: 60/40 is Done - Now It's 70/20/5
The other 5% is crypto but they're not allowed to talk about it either!
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Re: 60/40 is Done - Now It's 70/20/5
“At some point you are trading time you will never get back for money you will never spend.“ |
“How do you want to spend the best remaining year of your life?“
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Re: 60/40 is Done - Now It's 70/20/5
I just emailed the author. It will be interesting to see how long it takes for the them to fix it.
Cheers
Cheers
- IlikeJackB
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Re: 60/40 is Done - Now It's 70/20/5
Well, there are three kinds of people in the world: those who can do math and those who can't.
"Do what you will, the capital is at hazard." Justice Samuel Putnam, Harvard College vs Amory, 1830. The "Prudent Man Rule."
Re: 60/40 is Done - Now It's 70/20/5
Okay, I fixed it: 70/20/15.
A fool and his money are good for business.
Re: 60/40 is Done - Now It's 70/20/5
SpoilsportSilk McCue wrote: ↑Thu Jul 22, 2021 7:38 pm I just emailed the author. It will be interesting to see how long it takes for the them to fix it.
Cheers
Re: 60/40 is Done - Now It's 70/20/5
Or maybe the 5% is whole life insurance cash value. Another favorite of the Bogleheads!
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
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Re: 60/40 is Done - Now It's 70/20/5
That was kind of you. I had the same thought but noticed the article was published on Tuesday. It's already been in the wild for two days. I was curious to see how much longer it could stay as is. Amazing with both writer and publisher something so obvious got through.Silk McCue wrote: ↑Thu Jul 22, 2021 7:38 pm I just emailed the author. It will be interesting to see how long it takes for the them to fix it.
Cheers
- Darth Vanguard
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Re: 60/40 is Done - Now It's 70/20/5
It gives them some flexibility.aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
May the Force be with you.
Re: 60/40 is Done - Now It's 70/20/5
We have a winner!! I'll bet your amplifier goes to eleven as well??Dregob wrote: ↑Thu Jul 22, 2021 5:24 pmMy strategy is 70/30/10! 110% > 100%aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
- Portfolio7
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Re: 60/40 is Done - Now It's 70/20/5
That new portfolio seems a little underinvested...
If REITs are alternatives I'm already 70/20/10, but I don't believe it's a 60/40 replacement! More like an 80/20 straight up.
If REITs are alternatives I'm already 70/20/10, but I don't believe it's a 60/40 replacement! More like an 80/20 straight up.
"An investment in knowledge pays the best interest" - Benjamin Franklin
Re: 60/40 is Done - Now It's 70/20/5
I’m trying to think up a witty reply but I’m all “tapped” out.FIREchief wrote: ↑Thu Jul 22, 2021 11:47 pmWe have a winner!! I'll bet your amplifier goes to eleven as well??Dregob wrote: ↑Thu Jul 22, 2021 5:24 pmMy strategy is 70/30/10! 110% > 100%aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
It's not an engineering problem - Hersh Shefrin | To get the "risk premium", you really do have to take the risk - nisiprius
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Re: 60/40 is Done - Now It's 70/20/5
You guys are just too punctilious.
Re: 60/40 is Done - Now It's 70/20/5
David Jay wrote: ↑Sun Jul 25, 2021 7:04 pmI’m trying to think up a witty reply but I’m all “tapped” out.FIREchief wrote: ↑Thu Jul 22, 2021 11:47 pmWe have a winner!! I'll bet your amplifier goes to eleven as well??Dregob wrote: ↑Thu Jul 22, 2021 5:24 pmMy strategy is 70/30/10! 110% > 100%aristotelian wrote: ↑Thu Jul 22, 2021 8:38 am Anyone notice something off about this recommendation?
https://www.kitco.com/news/2021-07-20/T ... mTree.html
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
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Re: 60/40 is Done - Now It's 70/20/5
5% to gold and lose another 5% in the couch. Got it. Now we’re future proof!
Re: 60/40 is Done - Now It's 70/20/5
The extra 5% goes to the Bogle Center.
That should fund an infinite supply of “Bogleheads on Investing” podcasts.
That should fund an infinite supply of “Bogleheads on Investing” podcasts.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
Re: 60/40 is Done - Now It's 70/20/5
May all your index funds gain +0.5% today.
Re: 60/40 is Done - Now It's 70/20/5
LOL!!!ApeAttack wrote: ↑Sun Jul 25, 2021 9:01 pmWhenever I see "crack me up", I think of this...
https://youtu.be/nLGzojday4o
A fool and his money are good for business.
Re: 60/40 is Done - Now It's 70/20/5
Nevermind 70/20/5, I'm going to 75/25/5!
Get most of it right and don't make any big mistakes. All else being equal, simpler is better. Simple is as simple does.
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Re: 60/40 is Done - Now It's 70/20/5
Almost a week now it's been up. Since the headline is based on a quote from a source it may take some time to correct. Will be curious what they do with the extra 5%. I'm gonna guess something involving precious metals.chazas wrote: ↑Thu Jul 22, 2021 8:51 pmSpoilsportSilk McCue wrote: ↑Thu Jul 22, 2021 7:38 pm I just emailed the author. It will be interesting to see how long it takes for the them to fix it.
Cheers
Re: 60/40 is Done - Now It's 70/20/5
There are actually 10 kinds of people in this world: those who know binary and those who don't.IlikeJackB wrote: ↑Thu Jul 22, 2021 8:41 pm Well, there are three kinds of people in the world: those who can do math and those who can't.
Consistently sets low goals and fails to achieve them.