Posting on and reading boards other than WCI and Bogleheads have reminded me that there are people whose investments aren't entirely in passive index funds with fees < 0.25%. In fact, I've recently come across a few that absolutely swear by their non-index funds (and their AUM fees paid to quants).
So I have to ask, does anyone hold anything here that doesn't start with a "V" or one of its clones? And does anyone have concerns about indexers not holding through the next inevitable correction or that, contrary to the efficient market hypothesis, the current valuations don't actually represent the true state of the market? And I'm sure some people probably have 401(k) plans full of American Funds or whatever and don't have low-cost options, so it'd be nice to see what people are holding.
I'll start by admitting it, AA style. Hi, I'm David A, and I own a couple active funds. I actually do have a small amount (less than 10%) of my holdings in active funds (OPGIX, MGGPX, FISMX, PONDX). I got a couple of them before I knew very much about what fees meant and why I prefer passive funds, and I got some others as part of an inherited IRA that I just didn't bother selling.
Now I'm not advocating anyone buy these because that's not what is taught on this site which is fine, nor if I were an adviser would I advise my clients to buy them, and I'll probably sell them next time I rebalance out of their particular sectors...but I figure everyone's got a small amount of their portfolio that they put towards whatever, like peer-to-peer or precious metals or what-have-you, and I guess this is just my version of it.
So I have to ask, does anyone hold anything here that doesn't start with a "V" or one of its clones? And does anyone have concerns about indexers not holding through the next inevitable correction or that, contrary to the efficient market hypothesis, the current valuations don't actually represent the true state of the market? And I'm sure some people probably have 401(k) plans full of American Funds or whatever and don't have low-cost options, so it'd be nice to see what people are holding.
I'll start by admitting it, AA style. Hi, I'm David A, and I own a couple active funds. I actually do have a small amount (less than 10%) of my holdings in active funds (OPGIX, MGGPX, FISMX, PONDX). I got a couple of them before I knew very much about what fees meant and why I prefer passive funds, and I got some others as part of an inherited IRA that I just didn't bother selling.
Now I'm not advocating anyone buy these because that's not what is taught on this site which is fine, nor if I were an adviser would I advise my clients to buy them, and I'll probably sell them next time I rebalance out of their particular sectors...but I figure everyone's got a small amount of their portfolio that they put towards whatever, like peer-to-peer or precious metals or what-have-you, and I guess this is just my version of it.
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