Search found 2630 matches

by Leif
Sun Aug 18, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 910
Views: 101620

Re: Fidelity Cash Management Account - Investments

OK, I just talked with Fidelity. Although their online video seems to contradict this, they said that overdraft protection must come from a Fidelity account. However, satisfying the lower limit is able to come from an external checking account. That makes sense to me. So, it does not work in the way...
by Leif
Sun Aug 18, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 910
Views: 101620

Re: Fidelity Cash Management Account - Investments

HomeStretch wrote:
Sun Aug 18, 2019 12:51 pm
You can’t go into your Fidelity CMA to link a Vanguard brokerage account in order to “pull” funds from Vanguard.
Not a Vanguard brokerage account, but how about the routing and account number from your check associated with that account?
by Leif
Sun Aug 18, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 910
Views: 101620

Re: Fidelity Cash Management Account - Investments

Is that a Vanguard issue? In the video they refer to two accounts. A Fidelity account and "Tom's checking account" both of which after being linked provides money to the CMA to replenish to the lower limit or overdraft on a nightly basis.
by Leif
Sun Aug 18, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 910
Views: 101620

Re: Fidelity Cash Management Account - Investments

Not for overdraft. You can use the Vanguard account for the automatic money manager’s nightly sweep mode. That keeps your Fidelity CMA within a certain upper and lower bound. It’s one nightly transfer, though, so it can’t react to overdraft situations. I was watching this video on the Fidelity site...
by Leif
Sun Aug 18, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 63
Views: 5740

Re: The One-Fund Portfolio as a default suggestion

I think the value of a extremely simplified portfolio is over hyped here. I don't duplicate funds (multiple funds with the same size and style category), so to that extent I simplify. But, this can be carried too far, IMO. Since around 2000 I have S&D my portfolio (tilt to SV). Worked well in the "l...
by Leif
Sun Aug 18, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 910
Views: 101620

Re: Fidelity Cash Management Account - Investments

Can the Fidelity CMA be linked to a Vanguard account? If I have a money market, such as Vanguard Prime, then can use that as overdraft protection for Fidelity? Is the transfer fast enough to avoid an overdraft? Could I set a low upper limit so that extra money coming in gets automatically transferre...
by Leif
Wed Aug 14, 2019 11:07 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 60
Views: 3662

Re: Switch AA 10-year to 2-year Treasuries?

Thank you for clarifying... What is RMD (Retirement Monthly Distributions? No idea, just guessing sorry). So basically what you are saying, there comes a time, we need to make a wholesale AA revision. And that moment was this moment for you. If I understood you correctly. Required Minimum Distribut...
by Leif
Wed Aug 14, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 60
Views: 3662

Re: Switch AA 10-year to 2-year Treasuries?

I switched some of my ST bond fund to IT (5 year) bond fund when 10 Yr. Treasuries were around 2.2%. Of course it would have been better to do it when it was 3+%. So in the short term I now have a higher return now and a larger gain than if I'd kept the ST bonds. I think I'll keep the bonds allocat...
by Leif
Tue Aug 13, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 60
Views: 3662

Re: Switch AA 10-year to 2-year Treasuries?

I switched some of my ST bond fund to IT (5 year) bond fund when 10 Yr. Treasuries were around 2.2%. Of course it would have been better to do it when it was 3+%. So in the short term I now have a higher return now and a larger gain than if I'd kept the ST bonds. I think I'll keep the bonds allocati...
by Leif
Sun Aug 11, 2019 6:00 pm
Forum: Personal Investments
Topic: Withdrawals During Retirement - Yearly, Quarterly, Monthly?
Replies: 51
Views: 6315

Re: Withdrawals During Retirement - Yearly, Quarterly, Monthly?

As needed to replenish my checking account. On average I would say every 2-3 of months. I expect that once I start SS and RMDs it will probably be once a year at RMD time.
by Leif
Sat Aug 10, 2019 10:57 am
Forum: Personal Investments
Topic: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?
Replies: 57
Views: 4124

Re: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?

Sandtrap wrote:
Sat Aug 10, 2019 10:41 am
I got so used to seeing it at 50/50, I thought, hey, that's not bad either way.
My suggestion, be careful. Check you IPS. It is easy to just "let it ride" when the market is high. I should reread Bernstein's book.
by Leif
Sat Aug 10, 2019 10:47 am
Forum: Personal Investments
Topic: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?
Replies: 57
Views: 4124

Re: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?

Pseudo/hybrid LMP. 45+X, 50/50 (supposed to be 40/60) allocation. What do you hold in your Pseudo/hybrid? Why have you not rebalanced? I have CDs and short term Treasury and corporate mix mutual funds. My plan over time is to reduce my CDs. I'm wondering if my IT TIPS can be counted for my LMP. It ...
by Leif
Sat Aug 10, 2019 10:35 am
Forum: Personal Investments
Topic: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?
Replies: 57
Views: 4124

Re: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?

Pseudo/hybrid LMP. 45+X, 50/50 (supposed to be 40/60) allocation. What do you hold in your Pseudo/hybrid? Why have you not rebalanced? I have CDs and short term Treasury and corporate mix mutual funds. My plan over time is to reduce my CDs. I'm wondering if my IT TIPS can be counted for my LMP. It ...
by Leif
Fri Aug 09, 2019 9:32 am
Forum: Personal Investments
Topic: How much TIPS
Replies: 22
Views: 1592

Re: How much TIPS

The Vanguard Target Retirement Income fund, VTINX, is 30/70. That has 16.6% of the portfolio in short term TIPS. That would be about 24% of the bond portion. The target funds start with a low allocation to TIPS that increases over time. ADDED: The Target funds have 0% allocation to TIPS until 5 year...
by Leif
Thu Aug 08, 2019 7:02 pm
Forum: Personal Investments
Topic: DFA (Dimensional) Portfolio Keep or Jettison?
Replies: 22
Views: 1508

Re: DFA (Dimensional) Portfolio Keep or Jettison?

I was in a similar situation. I had a advisor which I purchased DFA funds. I quit the advisor. All my DFA funds are in retirement accounts, so I could sell them without tax consequence if I wanted. I've eliminated some, reduced others in favor of other less expensive funds, and kept others. I've eli...
by Leif
Tue Aug 06, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17892

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

If dividends are cut, like in 2008, then yes it matters. Also, if you don't have a large enough stockpile of safe assets to handle an emergency then yes it matters. If the stock market remains down for 30 years, like the Japanese market, then yes it matters. Otherwise, no it does not matter.
by Leif
Mon Aug 05, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11678
Views: 2011322

Re: U.S. stocks in free fall

Again, the 3 T's at work again today: tweets, tariffs, and trade. We are in a trade war with China, don't want to get political here but it might not be such a bad thing. US Companies might discover that things really can be made here in the United States and production will also shift to friendlie...
by Leif
Sun Aug 04, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2308

Re: When taking RMD, better when market "high" or "low"

The dollar amount of RMD is fixed, but you want to take the smallest number of shares out of IRA, e.g., the smallest fraction of IRA. How? Hope the market is high. Roth conversion is the only time when a low market is advantageous. I agree that the dollar amount of the RMD is fixed. However, let's ...
by Leif
Sun Aug 04, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2308

Re: When taking RMD, better when market "high" or "low"

rbaldini wrote:
Sun Aug 04, 2019 12:30 pm
there's nothing actionable here.
True. We get whatever market we get. But I think this is a useful discussion because it may help in understanding some of the dynamics around RMDs, taxes, and planning.
by Leif
Sun Aug 04, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2308

Re: When taking RMD, better when market "high" or "low"

I think it depends on what you do with the RMD. If you are using it for spending then you want it high (sell high). However, if you are doing a Roth conversion (maybe pre-RMD) or if you plan to just reinvest the RMD , then I think it is better if it is low. That gives you more shares. A tax-deferre...
by Leif
Sat Aug 03, 2019 11:23 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2308

Re: When taking RMD, better when market "high" or "low"

FiveK wrote:
Sat Aug 03, 2019 11:13 pm
backroad wrote:
Sat Aug 03, 2019 11:05 pm
Thanks Leif and FiveK. You both make convincing arguments. Note that your suggestions are the opposite of each other. :D
Hmm...they seem pretty much the same...?
I agree with FiveK.
by Leif
Sat Aug 03, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2308

Re: When taking RMD, better when market "high" or "low"

I think it depends on what you do with the RMD. If you are using it for spending then you want it high (sell high).

However, if you are doing a Roth conversion (maybe pre-RMD) or if you plan to just reinvest the RMD, then I think it is better if it is low. That gives you more shares.
by Leif
Fri Aug 02, 2019 9:48 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 61
Views: 6186

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

This should be fun. I would be disappointed if the great commodity debate does not come up in the podcast. Does he still recommend commodity funds, and personally own, as a risk diversifier? Does he also recommend long term bonds along with it? Too bad nothing on commodities. Does anyone have a sou...
by Leif
Fri Aug 02, 2019 7:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 61
Views: 6186

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

This should be fun. I would be disappointed if the great commodity debate does not come up in the podcast. Does he still recommend commodity funds, and personally own, as a risk diversifier? Does he also recommend long term bonds along with it? Too bad nothing on commodities. Does anyone have a sou...
by Leif
Fri Jul 26, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 157
Views: 14164

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

Hint: The "25 times" multiple refers to the often discussed 4% "safe" withdrawal rate (SWR) method which lets most of its adopters die with a gigantic unspent portfolio (while bankrupting most of the rest). :wink: OK, got it. I think you were pushing back on the 25X (4% withdrawal) vs. VPW (13.1x -...
by Leif
Thu Jul 25, 2019 11:22 pm
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 157
Views: 14164

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

. . . . . . . I can only guess that those who plan for a portfolio equal to 25 times taxes and expenses at age 65 without even considering Social Security are probably competing to win the largest portfolio at death competition. Longvest , I am not certain I understand what you mean by this stateme...
by Leif
Wed Jul 24, 2019 11:24 pm
Forum: Personal Investments
Topic: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?
Replies: 57
Views: 4124

Re: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?

Expecting about 1.5 million by the retirement time, 40% in bonds = 600k would be easily 10 years expenses, enough for any stock market declines to recover. "any stock market"? You could talk to a Japanese investor from 1989. 30 years ago. That is why 25x. Probably enough if you retire around 65. Bu...
by Leif
Mon Jul 22, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 13221

Re: Is solar power for your home a worthwhile investment?

I've calculated payback is about 10 years. Hard to believe that the payback is that quick. We are in a similar situation: 19c for the firs tier, and 26c for the second. Total bill averages $125/mo, and that includes two EV's. Of that, only half is actually charges for electrons. The other half is a...
by Leif
Mon Jul 22, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 13221

Re: Is solar power for your home a worthwhile investment?

We have expensive electricity. It costs $0.19/kWh for the first tier. Except for a few months in the summer I'm in the first tier. I've calculated payback is about 10 years. Being retired I figure it is probably not worth it, or marginal worth it. If I was 30 and planned to stay long term it would c...
by Leif
Sat Jul 20, 2019 11:12 am
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 157
Views: 14164

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

Since not all investors are the same financially, there is no one AA suitable for all. I'm now retired at 50/50 and plan to stay near that level, more or less. 60/40 "feels" a bit aggressive for a retiree, but 30/70 seems a bit conservative. I think that as long as you have enough safe money to hand...
by Leif
Fri Jul 19, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 61
Views: 6186

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

This should be fun. I would be disappointed if the great commodity debate does not come up in the podcast.

Does he still recommend commodity funds, and personally own, as a risk diversifier? Does he also recommend long term bonds along with it?
by Leif
Mon Jul 15, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 199
Views: 8908

Re: Medigap vs Advantage: Which did you select?

I did have a major problem and found that MA was helpful because all my doctors were used to communicating with each other and did so on a routine basis. Also, I was twice able to switch away from an "assigned" doc to another in-network doc. No one doctor fixes a major problem, it's a team effort, ...
by Leif
Mon Jul 15, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 199
Views: 8908

Re: Medigap vs Advantage: Which did you select?

I read a couple of books, and did some research here as well. I went with Medigap. My conclusion after my reading and researching is that is boils down to a choice of cost versus flexibility. In the beginning I was thinking about going with Advantage. The agent I was working with told me I could swi...
by Leif
Sat Jul 13, 2019 12:17 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 28454

Re: Americans believe they need $1.7 million, on average, to retire

If 1.7 mil is the goal then most people have a long way to go. Median and average net worth by age Under 35: Median net worth: $11,100 (average net worth: $76,200). 35-44: $59,800 ($288,700). 45-54: $124,200 ($727,500). 55-64: $187,300 ($1,167,400). 65-74: $224,100 ($1,066,000). 75+: $264,800 ($1,06...
by Leif
Sat Jul 13, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1014
Views: 203977

Re: Tesla S

6 months is absolutely unacceptable. I recently received an email from Tesla talking about their in-house car repair (certain locations only). I would contact Tesla to see what are your options. I would escalate this issue up the Tesla hierarchy as needed.
by Leif
Fri Jul 12, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 103
Views: 25733

Re: Why is Vanguard Treasury Money Market yield so low?

The title of this thread was accurate at the time of the OP, as it had nothing to do with state tax exemption, but simply the raw SEC yield of VUSXX compared to the 1m, 2m, and 3m Treasury yields. The yield no longer is high relative to the Tbills, so the title does not apply at this moment. Kevin ...
by Leif
Fri Jul 12, 2019 11:52 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 103
Views: 25733

Re: Why is Vanguard Treasury Money Market yield so low?

LinusP wrote:
Thu Jul 11, 2019 4:54 pm
no sense leaving 5 bp on the table, right?
Then I guess the answer to this question is maybe, maybe not depending on their state of residence.

We may need to change the title of this thread.
by Leif
Fri Jul 12, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 103
Views: 25733

Re: Why is Vanguard Treasury Money Market yield so high?

I'll leave my money in VUSXX. I currently have less then $50k in the fund. So if I moved completely out for 5 bp I could not get back in.

I believe VUSXX is state tax free since it is all Treasuries. Is VMFXX considered state tax free?
by Leif
Mon Jul 08, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 28454

Re: Americans believe they need $1.7 million, on average, to retire

Average per capita yearly income is $31,786. It means people manage to at least survive on that much money. How many think that is a good number ? That is the median per capita income in 2017. The average per capita is $48,150 in 2017. The average is much higher due to high wealth level at the top....
by Leif
Fri Jul 05, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 68
Views: 8081

Re: Retired: Do you withdraw from investments or cash ?

For us, 2008-09 was just a blip that we were well prepared for in our "what if" planning. BTW, we looked at that cash as a non-performing bond holding in our long term 60/40 AA target. - Ron If you retired in 2007, at 60/40, and GFC was a blip, then you have a pair, prepared or not. But your wife s...
by Leif
Thu Jul 04, 2019 1:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11678
Views: 2011322

Re: U.S. stocks in free fall

Here is a collection of intermediate-term guesses about markets, neither soaring nor free falling. Morninstar, "Experts Forecast Long-Term Stock and Bond Returns: 2019 Edition" I've been using Jack's forecasts for my projections. They have been conservative so far, but no bear market either. I gues...
by Leif
Thu Jul 04, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 68
Views: 8081

Re: Retired: Do you withdraw from investments or cash ?

yousha wrote:
Thu Jul 04, 2019 9:01 am
Die broke!
OK. When will I die?
by Leif
Wed Jul 03, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?
Replies: 57
Views: 4011

Re: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?

You just missed the cut-off date for a larger federal tax credit. The final credit is available until the end of the year. I bought a corvette around 30. But I always paid cash and never had debt except for a mortgage. If you can pay off your dad, and pay cash for the car, that is what I would do. I...
by Leif
Wed Jul 03, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 68
Views: 8081

Re: Retired: Do you withdraw from investments or cash ?

Right now I'm withdrawing from CDs. I have a CD ladder to carry me to SS/RMD time. I actually overbuilt my ladder, so the excess funds I'm investing. I keep about 1 year in money markets/checking to handle expenses between rungs in the ladder. Dividends/CG are reinvested.
by Leif
Tue Jul 02, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 882
Views: 291619

Re: Variable Percentage Withdrawal (VPW)

For the few cases where this doesn't work, it's easy enough to split the portfolio balance in half and use two separate worksheets, but be careful to always use the youngest spouse's age in both worksheets. This might cause the delayed Social Security pension of the older spouse to start at age 72,...
by Leif
Mon Jul 01, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 882
Views: 291619

Re: Variable Percentage Withdrawal (VPW)

It would be quite difficult to handle a time-limited pension in the VPW Worksheet. I think that your current approach works. I think that 4 pensions is sufficient for one person. Two spouses can use two separate worksheets, one per spouse. OK. So the retirement worksheet was designed for a single p...
by Leif
Mon Jul 01, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Estimated SS and Windfall Elimination Provision
Replies: 17
Views: 1442

Re: Estimated SS and Windfall Elimination Provision

I don't think so. That amount is based on your SS contribution record. They would not have the information regarding your non SS covered employment and the pension provided by that company.

I just calculate my "expected" SS amount based on the rules for WEeP.
by Leif
Mon Jul 01, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Synchrony savings accounts?
Replies: 40
Views: 2836

Re: Experience with Synchrony savings accounts?

I just had a lot of difficultly with Synchrony. I entered my password 3 ties incorrect. They locked my account. I tried to go through password reset. They told me they cannot since they are having technical difficulties. They said try again later or call. I tried again, no change. I tied calling. I ...
by Leif
Sun Jun 30, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 882
Views: 291619

Re: Variable Percentage Withdrawal (VPW)

There is no stop date on the pension input in the retirement worksheet, so how do you recommend a SS Spousal benefit at FRA, then own benefit at 70, be handled? What I do now is add the spousal benefit at 66, then add my own benefit at 70 minus the spousal benefit. I would like to see a stop date an...
by Leif
Wed Jun 26, 2019 10:50 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15731

Re: What percentage of total portfolio in REIT's do you have? Why?

Why do correlations move closer to 1 in market downturns? I think the reason is that investors want to move to "safe" assets from "risk" assets. That generally means from stocks to bonds. That can effect most stocks at once thus raising the correlation just when you might hope for a lower correlati...