http://www.askmrcreditcard.com/creditcardblog/my-reactions-to-last-weeks-stock-market-correction/ Latest Credit Card News, Reviews and Information Sat, 07 Nov 2009 23:38:59 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://www.askmrcreditcard.com/creditcardblog/my-reactions-to-last-weeks-stock-market-correction/comment-page-1/#comment-28499 Mr Credit Card Wed, 01 Aug 2007 11:25:26 +0000 http://askmrcreditcard.com/creditcardblog/my-reactions-to-last-weeks-stock-market-correction/#comment-28499 We have our investments with a main wirehouse firm. I suspect this approach may not suit everyone (especially many in the bloggesphere) because it is not the "lowest cost" solution. We pay a managemen fee based on assets under development. Many DIY guys try to buy the lowest cost funds or even index funds and ETFs. But even with that, you need to rebalance your portfolio and the topic of rebalancing is the big one. There is a ton of research on the most optimal method of rebalancing! But if we went DIY, we would waste time researching funds! We would also have to rebalance ourselves. As a result, we will be subject to temptation (ooh, let the winners ride - like in the late 90s and suffer the consequences later!). We have our investments with a main wirehouse firm. I suspect this approach may not suit everyone (especially many in the bloggesphere) because it is not the “lowest cost” solution. We pay a managemen fee based on assets under development. Many DIY guys try to buy the lowest cost funds or even index funds and ETFs. But even with that, you need to rebalance your portfolio and the topic of rebalancing is the big one. There is a ton of research on the most optimal method of rebalancing! But if we went DIY, we would waste time researching funds! We would also have to rebalance ourselves. As a result, we will be subject to temptation (ooh, let the winners ride – like in the late 90s and suffer the consequences later!).

]]> http://www.askmrcreditcard.com/creditcardblog/my-reactions-to-last-weeks-stock-market-correction/comment-page-1/#comment-28466 The Digerati Life Wed, 01 Aug 2007 07:06:39 +0000 http://askmrcreditcard.com/creditcardblog/my-reactions-to-last-weeks-stock-market-correction/#comment-28466 Excellent views. If only everyone was as disciplined as you guys! I try to do the same thing. Autopilot everything, keep well diversified, stay balanced. Then nothing to be afraid of, right? Excellent views. If only everyone was as disciplined as you guys! I try to do the same thing. Autopilot everything, keep well diversified, stay balanced. Then nothing to be afraid of, right?

]]>