In this episode, Mark talks about what do we do when we go to markets - we buy things and shop around. An SMA provides great flexibility and transparency. You will not get an idea on what is in your portfolio unless you’re given the ability to log in and visibly see your portfolio. Buying individual companies has gone out of favor, people believe it's too risky. Only 14% of funds that received a 5 star rating from Morningstar performed at that level over the next 3 years. How do you pick my allocation? Talk to 401k specialist at the company you work for, talk to those who do the research.
October 31, 2017