re: Stock Diversification Question

Slack - can you recommend some JPM funds? Thanx.

I like COP and ETP(both great dividends, profitable, and good long term holds). S&P gibe both a buy rating also if that is important to you. ETP bought out Sun Oil.

I just looked into PVA on the WSJ. As you say, looks like a good speculative buy. 5.5% dividend at this price, and tons of upside (which means it has come down, a lot!).

Thanks.

Let's examine JSAAX (target date fund; 80/20 blend)

3-star (ok); below avg risk (good); avg return (meh); minus 5% in 2011( ); exp is .29 (good); FM experience is 6 yrs (good); YTD return is 5.6% (good).

Oh yeah, you are a financial rep, aren't you? That's why you love the 4.5 % upfront load?

My guys at Raymond James say I can do better

What else you got?

Do not buy based on dividends. They are not regular. It is a company that will run up 25% or more for good profits(works better in tax-deferred accounts). I like natural resource companies with assets surpassing the stock price.

Thanks for the heads up on PVA. MSN Money lists the stock as 5% plus dividend, yet shows only a 6 cent one time distribution last year.

TDAmeritrade shows irregular dividends, as you say.

Purely a spec buy. I bought MHR last summer on the same basis @ $3.50.

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Never had interest in VTINX because it lost 2.5 % in 2011. It also has a new fund manager.

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Nah, it was +5.25% in 2011, and it is a fund of funds with fixed allocations, so who cares if it has a new manager, nothing would change dramatically regarding the holdings, although I could see them changing VTINX to the short duration TIPS fund from the current TIPS fund and potentially add a sliver of international bonds when the new US$ hedged fund comes out in a few months. One would buy the fund for its low volatility and 70% exposure to fixed income/cash, ie a retiree or big investor looking to minimize downside while maintaining exposure to global equities in one fund, its meant to simplify investing for those that want to reduce the number of funds they own.

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Oh yeah, you are a financial rep, aren't you? That's why you love the 4.5 % upfront load?

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1st of all, I somehow confused you with the guy with the OP, hence a target date fund for easy diversification.

2nd, the upfront load is irrelevant. I'm assuming you're just busting my balls, but I'm not getting the commission from the OP so what does it matter?

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My guys at Raymond James say I can do better

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Say you can do better than what? It is a target date retirement fund, and one of the best ones for 2040s.

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What else you got?

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What am I advising you on? I'll play along, but what is your risk tolerance? Time frame? Income? Growth? ...

Good catch. I meant VTIVX.

I do have VTINX in portfolio, along with its sister VTENX. They will be merged at some point.

Back to the OP. I enjoyed an article dated Jan 23 by Christine Benz - A Sample Retirement Portfolio in 3 Buckets - for a retired married couple with $1.5Million assets.

She recommends $120K in CD's/money market/other cash. Equates to 8% cash holding.

Also recommends: $450k in VIG (VDAIX); $200k in both VTI and VEU; and $200K in PIMCO Tot. Return E:BOND. The amounts can be adjusted for larger or smaller asset pools.