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Subject:  Re: Portfolio Allocation for age 35 Date:  2/13/2007  2:37 PM
Author:  craigflannagan Number:  55815 of 88502


Your posts make me think you need to pay close attention to the wisdom of the Delta Force and Karen. I suspect you would protect yourself against your own hubris and end up with a better result by investing in something like Vanguard's Target 2050 or Star fund. An allocation like Karen's looks good but that requires discipline. For your own amusement, you could track an imaginary portfolio using Morningstar's software, but at 35 working at things that advance your career and enjoying life seem more rewarding than picking stocks and loosing long-term to a well diversified allocation of index funds.


"Hubris". Hmm. Where'd that come from? *frown*

DeltaOne's advice (at least in my opinion) is more sound than Karen's. He's right, I shouldn't be worrying about the bumps along the way. However, at the same time, I don't want to overdiversify myself by being invested solely in mutual funds alone (Karen's advice). Mutual funds usually have dozens of underlying stocks, which isn't what I want because having more stocks would usually mean diminishing my potential returns.

Rather than bore you with details, I'll leave it this way: the problem here is you wrongfully (perhaps unintentionally) assumed I have no discipline in investing. When people practive MI investing properly, things are done with 100% discipline. Once they make emotional decisions with MI, it no longer is purely MI.
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