Not exact matches
thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost
averaging,
asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate,
investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
What we were really providing investors was a level of discipline that few individual investors can muster over time — by adopting a long term
asset allocation strategy and using low cost
investment vehicles, our long term performance was always going to be better than the
average individual investor who tends to time markets and chase performance, with little understanding of the costs they are incurring.
«If the agency had reached out to our
investment professionals, it would have known the aggressive steps that Comptroller DiNapoli and CIO Vicki Fuller have taken to reduce hedge fund
investments and limit fees, including lowering the hedge fund
allocation to 2 percent of
assets from 3 percent and paying below
average fees.
The estimated Underlying Fund Expenses for each age - band of the Age - Based
Investment Portfolio, each Target Risk Portfolio and the Multi-Fund Portfolio reflect the weighted
average of the estimated Underlying Fund Expenses for each Underlying Fund in which the
Investment Portfolios invest based on their respective target
asset allocations.
4 For each
Investment Option (with the exception of the Principal Plus Interest Option), the figures in this column are based on a weighted
average of the expenses of each underlying Fund's expense ratio as reported in the applicable underlying Fund's most recent prospectus available prior to the date of this Supplement, in accordance with the
Investment Option's
asset allocation among its underlying Funds.
If you were an
average investor and held the
average asset allocation of 2004 to 2007 and had an
investment policy to retain that
asset allocation through periodic re-balancing, then you would have been a net buyer of equity
assets as securities market values collapsed in 2008 and early 2009.
Depending upon your relative tolerance for
investment risk compared to the «
average investor,» these
average percentages are instructive concerning what an
average individual investor's
asset allocation would be.
Because the
average risk - averse investor holds the
average portfolio
asset allocation, this becomes a reference point in determining how a specific individual's
investment portfolio
asset allocation might diverge from that of the
average investor's
asset allocation.
The reason
Investment Dollar Cost
Averaging is so popular, is because it's a proven sales technique, most investors don't understand
asset allocation, and so when they think of «the market,» they're only thinking about the U.S. stock market (S&P 500 type stocks).
In the moderate
allocation category, childcare schemes such as HDFC Children's Gift
Investment, LIC Nomura MF Children, Templeton India Children Gift Growth and UTI Children's Career Balanced function on the lines of balanced funds and have close to 60 % of
asset allocation to equities.This category has offered
average returns of 12.4 % in 10 years.