I Called In Sick Today

[SuitedAces21 2,722]

this guy, having sex and winning poker tournaments. i hate him.

[Napa Lite 3,278]

I bought a few wool sweaters last week and one arrived this weekend. It does not look great on me (horizontal stripes). Really disappointed.

 

I think when I lose more weight it'll be really dope though. Just a big, warm oversized sweater. Oh yeah. Might have to just go hang out in public.

[Scroom 436]

Now that the Corliss OTB is under new management they have started running off the prostitutes, which is pretty annoying.

[Essay21 2,385]

Oh yeah. Might have to just go hang out in public.

 

Lets not get crazy here.

[Essay21 2,385]

I rebalanced my 401k. Went all large cap funds. Im in it to win it.

[InternetExplorer 2,609]

and you advise people on financial matters

[Napa Lite 3,278]

I watched Marco Polo over my vacation. It's okay. Not great. Not terrible. I'm a sucker for period shows though.

[Essay21 2,385]

Not really. I advise people on legal matters relating to trusts. We have people who handle investments.

 

But why would spreading out my 401k over 5 large cap funds be a terrible idea? As thiugh going with two large, one mid. One small and one foreign would be better over the next year. I can always rebalance when my balance grows. I just didnt think going with the 2060 target fund at 100% was best. And im not day trading or going 100% in one stock. So I think its reasonable, but im sure you would feel differently.

[InternetExplorer 2,609]

I assumed you were just picking based on performance. sorry. if you plugged those five funds into Morningstar, you would probably find yourself holding 5% AAPL or something silly.

 

I'm off today; give me your choices (if you have tickers it'll be even easier) and I'll tell you what I'd do. it'll be internationally diversified and won't need any tweaking like, ever, unless one of the markets hits a 50 p/e or something dumb.

 

I've seen plan choices so bad that the target date fund is the best option, believe it or not.

[Essay21 2,385]

Btc lifepath 2060

 

BRCAPAPP (USFUNLCGR)

 

TRP INST LGCAP GRTH (TRLGX)

 

VANG INST INDEX PLUS (VIIIX)

 

BLACKROCK EQ DIVD

 

DODGE & COX STOCK (DODGX)

 

PYR SMID CP CR II PL

 

VANG EXT MKT IDX ISP (VEMPX)

 

QS BFM US SM CP IS (LMBMX)

 

MFS INTL GRTH

 

TIFI TEMPL FORGN EQU (TFEQX)

 

VANG TOT INTL STK IP (VTPSX)

 

VANG INFL PROT INST (VIPIX)

 

PIM TOTAL RT INST (PTTRX)

 

VANG TOT BD MK IS PL (VBMPX)

 

WA CORE BOND IS (WACSX)

 

STABLE VALUE FUND

 

PIM ALL ASSET INST (PAAIX)

 

SSGA REAL ASSET C

 

BLKRK GLOBAL ALLOC I (MALOX)

[Essay21 2,385]

Initially, I asked one of the PMAs what he would do and I was in like 8 things and after 5 months I was down for the year, so I switched to four large cap and bank stock. Thats done okay for the last few months. Last week I got out of company stock and into the last large cap. Rebalanced to 20% in each.

 

Just fyi.

[Napa Lite 3,278]

Do me do me!

 

[InternetExplorer 2,609]

picking the best performing index is like, impossible:

 

https://www.callan.com/research/files/757.pdf

 

diversifying is the way to go, for sure

[InternetExplorer 2,609]

 

arguably you could just not hold any bonds, split the 10% between small/mid/large US. set up an annual or semiannual automatic rebalance if you have the option. overall, your 401(k) is pretty good.

 

whenever I do this for clients, I just try to diversify as much as possible with the general indexes, then just go with whoever has the lowest expense ratio for the remaining indices. I try to avoid actively managed funds because honestly it's anyone's guess what the fund will be doing next month, a year from now, etc. here's a good rundown of the approach:

 

http://www.investope...tallocation.asp

 

what I alluded to earlier, the scenario where equities are in a 1990s Japan scenario--it doesn't take a genius to realize you should dial back your risk and wait for the crash, but that's the exception, not something you should be sweating with P/Es where they are today.

[hank213 1,823]

[InternetExplorer 2,609]

I like VIPIX for like 2%, but otherwise...

 

http://portfolios.mo...a&culture=en-US

 

that leverage is really expensive. just an example of the kind of crazy shit that happens in actively managed funds. this is a really unusual example (bill gross leaving), but still. in the case of like, large cap US funds, why the f would I pay some moron 1-2% to try to pick winners? it's just brainless.

[InternetExplorer 2,609]

Do me do me!

I'm assuming you're OK with your 401(k) going down 50% in 2008 scenarios, same as with suited.

 

 

I can't 100% vouch that these funds line up with what I have listed in yahoo... it's really hard to tell. I wish you had a global REIT option--instead you have apparently two domestic choices.

 

not a fan of using American Funds, but your other foreign large cap choices are ambiguous or suck worse.

 

their biggest holdings across all funds are straight up garbage, stuff like NFLX (90 P/E) and AMZN (formerly 500 P/E, not currently profitable). growth fund of america, for example:

 

http://portfolios.mo...a&culture=en-US

 

Actually, maybe they dropped NFLX since that tragic -25% day...

[Napa Lite 3,278]

Yeah, I mean, I doubt I'm going to live past reitrement age and so, yeah, whatever.

 

Thanks a lot. Very much appreciated.

[InternetExplorer 2,609]

no prob.

 

later on, when you have more money outside of your 401(k) saved up, you can cut the shittier diversifiers from your 401(k) and manage all of your accounts like one big bucket. so like, you would drop that delaware fund, allocate that money to the rest of your holdings appropriately inside your 401(k), and pick up the corresponding amount of VWO in a traditional IRA/brokerage/whatever at a custodian like Schwab.

 

http://finance.yahoo.com/q/pr?s=VWO+Profile

 

.15% expense ratio vs. DEMIX's 1.46%, and you're not constantly left wondering whether the fund manager has decided to try some idiotic all-in bet on one country. I am doing this sort of thing in my HSA... I'm 50/50 Vanguard large/small cap, because everything else is 1%+ and actively managed.

 

I think guapo skews the opposite way in terms of active vs. passive management. for example, there are some really obvious flaws in indexes like the S&P 500, which an active manager is going to exploit. I doubt we'll ever have a definitive answer on which way is best.

[Scroom 436]

I keep a spreadsheet of Family Feud contestants by team race and gender makeup.

 

Sample size for Hispanic has been small and its getting increasingly harder to account for interracial families, but there is compelling evidence that (var=White) and (var=Male) are the strongest indicators of success in both wins, overall score and likelihood of winning Fast Money.

[The Ocho 970]

Essay, 100% into Stable Value, your investments should match your love life.

[Theraflu 1,035]

I heard it should match your bowel movements, which is why your portfolio is so explosive.

[SuitedAces21 2,722]

Essay, 100% into Stable Value, your investments should match your love life.

 

[InternetExplorer 2,609]

I am a value dater, no question. you idiots can have the hot, expensive morons.

[Scroom 436]

I am a value dater, no question. you idiots can have the hot, expensive morons.

 

I had the privilege of dating a 10.

If was very brief, she was just curious and eventually realized what a terrible mistake she had made (then just stopped calling) but the ego stroke of walking around with one of those among your peer group is worth more than a Patek.