THREAD CLOSED!!! Ask Rande 5000+: USE NEW THREAD
- cfb
- DeannaWagner
- Rande
- Rande
- Richard_L
- Kirk
- Rande
- Kirk
- Kirk
- Kirk
This archived discussion is "read only".
For the corresponding "live" discussions, post in the active topic forum here.
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» DeannaWagner - Ah Ha!
Rande dear, I found you! Thanks for the side door entry. I guess this is how I will get my morning news from you from now on. Hey Kirk, I know you are here too. Please put a link to Rande on the home page. I've got to get you a tad more "user friendly." Now....where is the site with all the photos of the regular posters?......Many hugs, Boom Boom-- posted by DeannaWagner
» Rande - cfb,
cfb,The use of the Total Market Index fund (W5000) is more of an implementation issue than an asset allocation issue. First, you determine how much of your overall portfolio should be in stocks. Then, of the portion allocated to stocks you determine how much is in the U.S. and how much is international. Finally, of the portion in the U.S., how much should be in large/mid/small, growth/value, etc. One way to simplify the U.S. portion of the allocation is to simply use a W5000 Total Stock Market Index Fund -- covers everything (large/mid/small/growth/value/old economy/new economy/etc.) -- in a low-cost, tax efficient manner. Since many find it difficult to simply abandon all investment decisions to an index approach (we like the notion of outsmarting the market and beating the averages, not watching the grass grow), another approach might be to dedicate the bulk of your core U.S. position to the W5000 fund and then use nominal amounts around that position to overweight certain areas of the market you like, use active management, and/or try your own hand at stock selection. That way, if you do well with the active stuff you've enhanced your overall return, and if you guess wrong you haven't completely derailed your hopes and dreams.
Anyway, here's an example of the process:
1. You determine (based on your age, time horizon, tolerance for risk, portfolio size, goals, and objectives, etc.) that a mix of 75% stocks (with 80% of that in the U.S. according to a market capitalization weighting and 20% international) and 25% fixed income is appropriate for your situation (assuming all current cash needs will be met from other sources).
2. You decide to implement your asset allocation with no-load mutual funds and, after doing extensive due dilligence, decide the passive approach makes the most sense. By way of example, you might implement as follows either through DCA, lump sum, or whatever you're comfortable with (not a specific recommendation):
60% Total U.S. Stock Market Index (roughly 70% large cap and 30% mid/small)
15% Total International Stock Index
25% Total Bond Market Index
3. You monitor your portfolio on a periodic basis to keep your asset allocation in reasonable balance.
There you go, three "easy" steps to investment success. Not like rocket science, is it? Of course, everyone's goals and tolerance for risk are different and each will have an asset allocation and investment implementation preferences that are as unique as they are and further education on the subject is a good idea. I especially like The Vanguard Investment Planner" at their website investor education center (www.vanguard.com).
<img src=http://www.internetcount.com/1867857677.cgif width=5 height=5>
-- posted by Rande
» Richard_L - Change the link on your personal home page
Hi Rande,I found this site in-between the work of the editors on the other site.
You may want to change the link on your home page. It still points to the 4000 message series. It took me a while to figure out this site's organization, but now I've got it.
What discussions do you frequent?
-- posted by Richard_L
» Kirk - Welcome Deanna BoomBoom!
Glad you found us.We Are a bit complex, but well worth the time to learn to use. Improvements are planned so we can make you learn all new stuff once you master what we have.
What "Home Page" are you referring to? We have a link to "Ask Rande" on the Welcom Page on the upper right of this page (and many others). He is featured as the top discussion topic on this site. There is another on Rande's homepage here (Click Rande's name next to Author and you can work your way to his home page).
Anyway, you are here now! Glad you made it!
BTW, did I hear you volunteer to make a homepage for photos of all the regulars here? What a greeat idea! If not you, perhaps someone else will volunteer. I need to get a new photo as all that skiing last week just blew off my mustache and nobody would recognize me now (though I do have a photo on the welcome page. Windsurfing blew most of the hair off the top long ago!).
Anyway, welcome to the group! I am sure you will have fun here and learn with us all together.
.
-- posted by Kirk
» Kirk - To the Newcomers
To the NewcomersWELCOME!
We have a site guide. You can email Jen and request one that makes using our site a bit easier
mailto:jlittke@hotmail.com
Best to bookmark this URL
http://www.suite101.com/discussions.cfm/...
I make it my homepage and so I just click "home" to bring it up. Threads with new posts will be RED and once you read a thread, it turns mustard colored until someone posts a new thought, then the topic goes to the top of the list.
Again, welcome all!
-- posted by Kirk
» Kirk - Homepage
HomepageRande, I'll fix it. I'll make it come to the discussion page as your threads fill to 1000 posts far too fast for me to do edit the page every time. I think your thread is usually in the top 20 all the time anyway so it should be easy to find even as we add new ones.
-- posted by Kirk
» Kirk - Rande's Homepage and Profile Fixed
Thanks all for bringing it to our attention.Rande's Profile:
http://www.suite101.com/profile.cfm/Rande
Rande's Homepage:
http://www.suite101.com/myhome.cfm/Rande
Great Deal is once you join Suite101.com, then you can build these homepages for yourself.
We also have postcards that you can send that allow you to upload photos to the web and then send to friends! This is a GREAT way to get around all the problems you have sending images to AOL users.
We even have SuiteMail where you can consolidate all your inboxes into one!
-- posted by Kirk
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