9/19 bumped for discussion:
\_ My financial advisor says to not try and time the market.
\_ what else did your financial advisor say? did you ask them about
getting more of your portfolio into safer, lower yielding assets?
\_ No, actually he told me that the latest recommendations for
someone my age was to be 50% in overseas stocks. He also seems
to think that I have a bit too much in dividend paying blue
chips and that I should buy more small caps, but he hasn't
said anything like that in a few months. He also said that
there was no reason to be concerned about Pimco Total Return
anymore, since the Fed guaranteed all the FNM debt.
\_ re PIMCO Total Return:
- ask him why funds seem to be selling agency paper this
week if there is no risk
- ask him what about the MBSs inside
re overseas:
- what is the breakdown by country/region?
(Europe/UK/Japan/China/India/etc.?)
\_ Can regular individual give PIMCO money to manage
or is it just for the super-rich and institutions?
\_ Anyone can buy Pimco Total Return, it is the
largest fund overall, in terms of assets. Ticker
is PTRAX.
\_ Get him as your advisor yourself and ask him all these
questions if you are so curious. Who told you that
funds are selling all this agency paper? I just looked
and it looks like PTRAX is 80% in cash right now
anyway. I will eventually ask him the country by
country breakdown, probably by email next week. If
you are curious, I can post it to the motd. |