Narrowing the Shopping List to DRSK, GAVAX, HSTRX, and TMSRX
One of the questions that I am sometimes asked is why do I own so many funds? The answer is that I have a dual-income family with different employer sponsors, different types of tax-advantaged accounts, brokerage accounts, and that I like to set aside a portion of my assets to invest according to the business cycle and trends. With Mutual Fund Observer, computers, and the internet, it is no more difficult or costly to manage 20 or more funds than it is 5.
I identified in Flexible Portfolio Funds With High Risk-Adjusted Returns that KL Allocation (GAVAX), a Flexible Portfolio Fund, is one Continue reading →