No help from Treasury bond/note stuff today, they may have my 2018 equity magic money, but.... I haven't heard
anybody anywhere in the past few years recommend
buying investment grade debt (I guess
@Ted holds some corporates). Interesting, since folks chased treasury yields all the way down to
1% or some foolish figure. Now that they’re over 2.8%, nary a word. It was a rough week for a lot of bonds. That’s what happens when rates spike higher. Everybody sees
inflation. But you won’t have much (IMO) If the central banks jack up the short end and push us into recession. Pay your money. Take your chances.
Are high grade bonds with durations in the 5-year range still
“dumb dumb”? Or might they fill a need for some seniors unnerved by turmoil in the equity and junk bond arena? (I’m biased having added a few GNMAs recently more for protection than with any thought of making money).
BTW - Sad that every thread if left to its own course seems to lead to bitter wrangling (not that I haven’t sometimes unwittingly contributed). A sign of the times I think - plus
@Lewis’s
Sputnik-bots may be monitoring websites for mention of certain names. Dunno. It’s gotten so bad some in Congress are considering building a wall (
there) to wall-off warring Dem and Rep staffers.
https://www.cbsnews.com/news/house-intel-committee-gop-plan-to-wall-themselves-off-from-democrats-devin-nunes-adam-schiff/
Emerging Markets I am a young "oldster" who is content with 8% of my total portfolio in EM. (EM holdings total about 35% of my international stocks.) You might take a look at MEASX if you are comfortable with owning funds that don't closely track indexes. Its close to 100% EM.
Emerging Markets I'm at 11%, and will be adding to SFGIX. Or you could go with the Matthews shop, which restricts itself to Asia. Lots to choose from, over there. You may have better luck with shareholder services than I did. I pulled the plug with Matthews several years ago. But you'll have to do some real looking. For example, their MAPIX holds a lot in DEVELOPED Asia, by now. MACSX also holds instruments for current income, as well as growth.
Emerging Markets @willmat72, you may have much less EM in your portfolio than the
15% you stated. None of the 3 funds you listed are full-in EM funds like an index EM fund would be. There is a lot of developed, bonds and cash in that 3-some total.
For example, it looks like the TRP fund has about 6% of it's assets in EM equities. SFGIX about 5
1% and MIOPX about 27%. If you hold all those funds at about the same weight of that
15% you are calling EM funds in the total portfolio, that's only about 28% EM equities in those 3 funds.
15% (what you call EM funds in your portfolio) x 28% (actual EM equities in your 3 funds) comes out to about 4% EM equities in your total portfolio.
I may not have explained it well, but you may only have about 4% EM equities in your total portfolio (if I did the math right). I don't know if that's a good thing or a bad thing. Appears you are closer to the conservative % Ted points out.
Edit: do a M* instant xray of all your funds to find out for sure if you think you need to be exact.
Emerging Markets Hi
@willmat72,
Now in retirement, I consider myself a low moderate risk taker. I use to be a more aggressive investor and carry a higher allocation to stocks (60% to 70%) now 40% to 55%. My emerging market holdings account for about 25% of my foreign equity holdings. For me, the emerging market allocation (overall portfolio) for an aggressive investor would be
10% to
15% ... a moderate investor would range from 5% to
10% and a conserative investor would be from 0% to 5%. With this, I fall in the moderate range.
Old_Skeet
Emerging Markets @willmatt72: FYI: Scroll and read, "Plotting a Course for Emerging Markets"
Regards,
Ted
A=
15%
M=
10%
C=5%
One Cause Of Market Turbulence: Computer-Driven Index Funds
Emerging Markets I've seen quite a few recommendations to buy emerging markets based on this latest correction. Currently, I devote about 15% of my international holdings to emerging markets, with the bulk from SFGIX, MIOPX and PRGTX. I would consider myself a fairly conservative investor with a 10+ horizon for investing. What do you consider a sufficient allocation to emerging markets in an aggressive, moderate and conservative portfolio?
Neuberger/Berman share splits?
No help from Treasury bond/note stuff today, they may have my 2018 equity magic money, but....
Barry Ritholtz: People Get Creative When Explaining The Market Correction I've been watching some of the talking heads on CNBC and Fox Business and it is quite humorous to hear them explain what is going on. They will say we are near the bottom and then the market drops another 1,000 points and they say we could drop another 5-10 % LOL...I won't name any names but a few of them remind me of my last car salesman - sharp dressers, quick talkers, hand gestures everywhere. When you look at their eyes on TV, you get the feeling that they don't quite believe everything they say. Some of the shows remind me of infomercials. Maybe I'm psychoanalyzing too much. Just my instinct.
