I've heard more than once that (well chosen) active funds CAN be a much better choice for REITs, preferred stocks and BONDS. That is to say, active management can make a difference. It's not as hard to get "Alpha" in the REIT, preferred stock and Bond world as it can be with stocks.
I'm getting myself a little bogged down in details though. I have a pretty big position in Vang total bond. I also have a decent position in both VNQ and VNQI (the international version of VNQ), and PFF. Does anyone have some decent suggestions for alternatives for VNQ, VNQI and BND? If not, maybe some thoughts in general, some guidance in general, in learning more about active vs. passive in terms of these things. I realize this is not a very "crisp" question, so I don't expect clear, concise answers. Random thoughts welcomed!!
Factoids: Age 54, married, one child just turned 18, 1M portfolio, (almost all retirement funds) 1M equity in rental real estate.
I'm getting myself a little bogged down in details though. I have a pretty big position in Vang total bond. I also have a decent position in both VNQ and VNQI (the international version of VNQ), and PFF. Does anyone have some decent suggestions for alternatives for VNQ, VNQI and BND? If not, maybe some thoughts in general, some guidance in general, in learning more about active vs. passive in terms of these things. I realize this is not a very "crisp" question, so I don't expect clear, concise answers. Random thoughts welcomed!!
Factoids: Age 54, married, one child just turned 18, 1M portfolio, (almost all retirement funds) 1M equity in rental real estate.