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Everything You Know About Investing Is Wrong

Tuesday, March 27, 2012 - 5:37 AM
From MarketWatch
Lazy Portfolios give investors a far superior alternative than gambling retirement savings in Wall’s Street’s casino. Simple solutions: Just three to 11 no-load low-cost index funds, and zero trading. And in the past decade we’ve discovered eight great Lazy Portfolios that investors are using as guides to building their own portfolios, without brokers or advisers.

2
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Tuesday, March 27, 2012 - 7:33 AM
While his suggestion of a lazy portfolio seems rational, Paul Farrell is just another paid-writer for marketwatch.com; generating boring articles week by week.

I would like to say to Paul: "It is not that easy...":D

Index funds go up and down with the market and the lazy portfolio will win big in bull and lose big in bear; just like other portfolios.  Low-fee; that is (as they say); a "minor" point at the market crash time.
10
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
2. Tuesday, March 27, 2012 - 8:51 AM
Yes, I'm surprised he didn't mention the risk of a long bear market. Most of Paul Farrell articles have focused on the coming of a huge market crash and a long bear market.
6
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
3. Tuesday, March 27, 2012 - 9:15 AM
Paul has been crying wolf for a long time; the wrong guess of time will be right once a day.  Anyhow, I used to like his book and stuff (and had several e-mail discussions with him); but found out that his market predictions and the associated portfolio may not be that reliable and profitable after all.
6
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
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