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Message
Portfolio Percentage of Mututal Funds vs Stocks
Posted on 9/13/12 at 10:40 am
Posted on 9/13/12 at 10:40 am
In your opinion in a standard stock portfolio how much percentage would you have in mutual funds vs. individual stocks?
also which mutual funds do you happen to like?
Background: yesterday i met with a Edward jones in regards to an account they handle for my mother. About 20-25% of the holdings are in 3 mutual funds. Capital Income Builder, Capital World Growth, and Fundamental Investors. Wasn't too impressed with the yield they offered, but i also don't know much about Funds.
also which mutual funds do you happen to like?
Background: yesterday i met with a Edward jones in regards to an account they handle for my mother. About 20-25% of the holdings are in 3 mutual funds. Capital Income Builder, Capital World Growth, and Fundamental Investors. Wasn't too impressed with the yield they offered, but i also don't know much about Funds.
This post was edited on 12/1/12 at 7:57 pm
5
Posted on 9/13/12 at 10:48 am to donRANDOMnumbers
quote:
In your opinion in a standard stock portfolio how much percentage would you have in mutual funds
whatever %age is in bonds
quote:
vs. individual stocks?
0%
Index fund ETFs are superior to Mutual funds for equities, and have lower transaction fees.
The average investor shouldn't be playing stock picker.
Posted on 9/13/12 at 11:25 am to donRANDOMnumbers
How old is your mother?
Posted on 9/13/12 at 11:39 am to Janky
mom is 55
she said the account is "eventually to pass on to the kids" where as i disagreed and said this is for her retirement.
she said the account is "eventually to pass on to the kids" where as i disagreed and said this is for her retirement.
Posted on 9/13/12 at 11:45 am to donRANDOMnumbers
quote:
mom is 55
Oh, she is relatively young. A balanced approach will probably be good. Basic solid core holdings with maybe a few individual equities/ETFs sprinkled around the edges for higher yields and appreciation. Nothing too crazy though.
The funds she is holding now are ok, but notice what they did in 2008. She cannot afford to let that happen again. All of this is only my humble opinion.
Posted on 9/13/12 at 11:48 am to TheHiddenFlask
quote:
The average investor shouldn't be playing stock picker.
so i assume since i haven't started my 401K yet, however i have a Scottrade account you would think I'm dumb
which is the truth, i need to get my 401K going. long story on why i have a scottrade account though.
i can honestly say i am not THAT stock savvy. however my little account has done alright. current holdings: ADM, BA, CAT, CENX, CHK, COP, CVX, MO, MPC, MRO, PSX, RAX, RF, RTN, T, TSH, XOM
AFL and JPM separate on paper.
Posted on 9/13/12 at 11:51 am to Janky
quote:
The funds she is holding now are ok, but notice what they did in 2008. She cannot afford to let that happen again. All of this is only my humble opinion.
i agree and when they were touting the gains on them yesterday i saw was that there price is less now then when purchased in 2006. gains were only due to the dividends
appreciate your opinion
Posted on 9/13/12 at 12:34 pm to donRANDOMnumbers
quote:
you would think I'm dumb
No, you aren't at all "normal".
Normal people don't read financial message boards. I would say just poking around here would put you in the top 10%.
Posted on 9/13/12 at 12:56 pm to TheHiddenFlask
I don't post here too much. But I am always reading. 
Posted on 9/13/12 at 1:47 pm to donRANDOMnumbers
quote:
I don't post here too much. But I am always reading.
Like I said, not even close to average. The average LSU finance Jr. doesn't know the difference between market cap and stock price. I cringe when I think about the "average person" trading.
Posted on 9/13/12 at 2:33 pm to TheHiddenFlask
I'm pretty average, but I have gotten pretty lucky with the stocks I have picked the last few years. I am not very good at knowing when I need to get out though. I got CBST at $18 and it is hovering around $47 right now, but I think it will continue to grow.
Just bought 200 shares of SNTS.
Buying Biotech stocks is the closest thing to legal gambling I have come across. It's awesome. I know the stock market is a gamble, but just in this industry all it takes is one approved drug to make the company.
Just bought 200 shares of SNTS.
Buying Biotech stocks is the closest thing to legal gambling I have come across. It's awesome. I know the stock market is a gamble, but just in this industry all it takes is one approved drug to make the company.
Posted on 9/13/12 at 3:06 pm to lighter345
quote:
SNTS
what are your thoughts for this one?
going intense google search now!
Posted on 9/13/12 at 3:47 pm to donRANDOMnumbers
Two words: Travelers Diarrhea
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
Posted on 9/13/12 at 3:53 pm to lighter345
same here. vast majority of my portfolio is long. i keep a little on the side that i like to buy and sell with.
eta:
i get it now
eta:
quote:
Travelers Diarrhea
i get it now
This post was edited on 9/13/12 at 3:58 pm
Posted on 9/13/12 at 4:05 pm to TheHiddenFlask
quote:
Index fund ETFs are superior to Mutual funds for equities, and have lower transaction fees.
The average investor shouldn't be playing stock picker.
+56456984532165456
And someone who knows basically nothing at all would be well-served just buying a target retirement fund and reinvesting dividends. Then forget about it.
Posted on 11/30/12 at 11:09 am to lighter345
i ended up buying a few hundred shares of SNTS for the hell of it. up almost 20% now. 
Posted on 11/30/12 at 11:30 am to TheHiddenFlask
quote:
Normal people don't read financial message boards. I would say just poking around here would put you in the top 10%.
I am upset it took me 6 months after college to finally read the Money Talk board. I figured as much time as I used to spend browsing the OT, and football related boards, it was time to dedicate it to finances and make myself financially secure for the long haul.
I am still a complete noob as far as acting on investments, although I rather continue learning up front and developing a sound base of knowledge before I make any moves. I have learned quite a large amount of useful information so far since reading this board, which is why I remain positive about simply building savings and making deposits into my retirement accounts.
Posted on 11/30/12 at 5:02 pm to donRANDOMnumbers
Also- do a little background on the advisor. They may have her only in mutual funds only because they are not licensed to sell individual stocks.
Posted on 12/1/12 at 8:45 am to donRANDOMnumbers
The vast majority of people are just fine 100% mutual funds.
The more important question is asset allocation ... equities (funds or individual securities) vs bonds ... not M/F vs stocks.
The issue is that most people don't have enough money to build a diversified enough portfolio using individual equities. Not to mention sometimes people tend to get emotionally tied to particular stocks and never want to sell, regarless of how their situation and risk tolerance is changing as they age. Rarely do people get emotionally tied to funds.
The more important question is asset allocation ... equities (funds or individual securities) vs bonds ... not M/F vs stocks.
The issue is that most people don't have enough money to build a diversified enough portfolio using individual equities. Not to mention sometimes people tend to get emotionally tied to particular stocks and never want to sell, regarless of how their situation and risk tolerance is changing as they age. Rarely do people get emotionally tied to funds.
Posted on 12/1/12 at 7:32 pm to JPLSU1981
I thought coldwell banker was only a real estate firm... Can someone school me on this? Referring to the original post here...
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