But he said the products, with their promise of steady monthly cash flows off of diversified, professionally managed portfolios, are a boon to retirees seeking paycheck replacement.
Like nutrition which may need to vary from person to person, managing portfolios is a complex affair and managers vary greatly in knowledge and skill.
If your average stock holding is 10,000 dollar-years (e.g., $5,000 of GM held for two years) and an on-line trade costs $16 round-trip, the two-year overhead on your self-managed portfolio is 0.16% — and far less if you buy bigger blocks or hold them longer.
Mr. Goode, who still owns the farm, also runs the $2.55 billion Smith Barney Fundamental Value fund -- and he says managing its portfolio is much like farming.
I believe a truly diversified well managed portfolio with meaningful contributions is the best way to build your wealth up over the long term.
Indeed, the reason behind this letter is to persuade you, our shareholders, not to yank your money from the Cosmo-Demonic family of index funds and stash it in some expensive, high-turnover, shoot-from-the-hip actively managed portfolio that in all likelihood is operated out of Denver, or some other unbuttoned-down metropolis.
While managing a diverse portfolio isn't for every REIT or for most American Assets' management group is experienced and capable.
Mr. Lawless said that collective approach to managing the portfolio was probably the main reason for the fund's relatively strong performance before this year.
The cheapest and simplest way to manage your investment portfolio is through an online investment website where you can buy funds.
Managing a technology portfolio is one of the great challenges for sustained success, especially in high-technology industries where technologies can be a major selling point.
