Dog with Least Fleas

[rnmike10]

Hi All,

3 months into my PP and it is down 1.6 %. (ALL asset classes down, except cash--T-Bills in my case) However, given its balanced approach, it still seems to have the fewest fleas of a conservative portfolio when compared with other scenarios when backtesting.  Mine is a lump sum IRA rollover from an early retirement payout. Seems the only high performance class is in the foreign markets, yeah, THEY'RE stable!!

[TripleB]

It's true, and it sucks, however it's still the best portfolio. Against popular wisdom, I do check my portfolio daily although it's more of a curiosity thing than an "action" thing.

I've noticed that for the last 2 months, the PP is down approximately 0.07% to 0.1% every day, consistently. A few days it was up marginally.

On the plus side, it has very low volatility. While moving down 0.1% each and every day sucks, if you compare that to a 60% Stocks 40% bond portfolio, that sucker's probably moving 0.5% each day in one direction or another. That's 5x as volatile (if my hypothetical numbers are true).

Also, earlier this year, there was a few weeks where the PP was gaining 0.5% per day for several days in a row. I think offhand it's around 8% for the year positive or so. Not good compared to the 15% performance of the stock market, but since you wouldn't be 100% in stocks, you wouldn't have gotten 15% for a conservative traditional style portfolio either.

As far as the fiscal cliff and uncertainty in 2013, the PP takes the cake by far. No one knows what's going to happen, except the congressman who have already padded their portfolio so they can beat the market by the 15% average annual gains that studies have proven congressman are "somehow" able to consistently do on top of whatever the stock market returns.

In other words, if you're in Congress, you already know what to invest in, but if not, the PP is your best option even if it does lose 0.1% every day for 3 months... in the long run it's going to pay off.

[edsanville]

No one knows what's going to happen, except the congressman who have already padded their portfolio so they can beat the market by the 15% average annual gains that studies have proven congressman are "somehow" able to consistently do on top of whatever the stock market returns.

No way, they outperform because politicians are our creative and intellectual superiors.  I, for one, applaud our Congressman overlords for a job well done!

[Greg]

No one knows what's going to happen, except the congressman who have already padded their portfolio so they can beat the market by the 15% average annual gains that studies have proven congressman are "somehow" able to consistently do on top of whatever the stock market returns.

No way, they outperform because politicians are our creative and intellectual superiors.  I, for one, applaud our Congressman overlords for a job well done!

I lol'ed and remembered the Simpsons video of this line

http://www.youtube.com/watch?v=eKbFb6TPVEA

[frugal]

It's true, and it sucks, however it's still the best portfolio. Against popular wisdom, I do check my portfolio daily although it's more of a curiosity thing than an "action" thing.

I've noticed that for the last 2 months, the PP is down approximately 0.07% to 0.1% every day, consistently. A few days it was up marginally.

On the plus side, it has very low volatility. While moving down 0.1% each and every day sucks, if you compare that to a 60% Stocks 40% bond portfolio, that sucker's probably moving 0.5% each day in one direction or another. That's 5x as volatile (if my hypothetical numbers are true).

Also, earlier this year, there was a few weeks where the PP was gaining 0.5% per day for several days in a row. I think offhand it's around 8% for the year positive or so. Not good compared to the 15% performance of the stock market, but since you wouldn't be 100% in stocks, you wouldn't have gotten 15% for a conservative traditional style portfolio either.

As far as the fiscal cliff and uncertainty in 2013, the PP takes the cake by far. No one knows what's going to happen, except the congressman who have already padded their portfolio so they can beat the market by the 15% average annual gains that studies have proven congressman are "somehow" able to consistently do on top of whatever the stock market returns.

In other words, if you're in Congress, you already know what to invest in, but if not, the PP is your best option even if it does lose 0.1% every day for 3 months... in the long run it's going to pay off.

Nice!

I've not found any better portfolio too...

[Coffee]

I'm not seeing 8%.  I'm seeing a little above 6%.

[TripleB]

I'm not seeing 8%.  I'm seeing a little above 6%.

I guessed around 8% - a little above 6% seems reasonable.

[RuralEngineer]

No one knows what's going to happen, except the congressman who have already padded their portfolio so they can beat the market by the 15% average annual gains that studies have proven congressman are "somehow" able to consistently do on top of whatever the stock market returns.

No way, they outperform because politicians are our creative and intellectual superiors.  I, for one, applaud our Congressman overlords for a job well done!

I lol'ed and remembered the Simpsons video of this line

http://www.youtube.com/watch?v=eKbFb6TPVEA

I too was excited by the prospect of being ruled by intelligent space ants. Then I heard they're Commies.