Lsbcal
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The reason I'm posting this is to get some comments on a tactical shift towards large growth. I know that some have tilted to large value and small value and that some people are quite adamant that LV & SV are best for the long haul. But I like to keep an open mind.
I've already got a large growth tilt but am considering shifting more of my equity towards large growth. In the last 6 months or so the market has started rewarding large growth stocks after a very long period of large value outperformance. Respected money managers have been quoted as suggesting that the pricing on large growth is reasonable now. And even value managers like Dodge and Cox have chimed in. To me it "feels" like the next year will be good for growth funds. My plan would be to shift back more towards a neutral market weight portfolio after the next year.
If you look at 2 representative ETF's you will see what I mean:
VTV, Vanguard Value ETF, https://personal.vanguard.com/VGApp/hnw/funds/holdings?FundId=0966&FundIntExt=INT
VUG, Vanguard Growth ETF, https://personal.vanguard.com/VGApp/hnw/funds/holdings?FundId=0967&FundIntExt=INT
and here is a graph for those closet technicians among us:
Yahoo! Finance Charts (use the slider in the Time Range to see longer history)
I've already got a large growth tilt but am considering shifting more of my equity towards large growth. In the last 6 months or so the market has started rewarding large growth stocks after a very long period of large value outperformance. Respected money managers have been quoted as suggesting that the pricing on large growth is reasonable now. And even value managers like Dodge and Cox have chimed in. To me it "feels" like the next year will be good for growth funds. My plan would be to shift back more towards a neutral market weight portfolio after the next year.
If you look at 2 representative ETF's you will see what I mean:
VTV, Vanguard Value ETF, https://personal.vanguard.com/VGApp/hnw/funds/holdings?FundId=0966&FundIntExt=INT
VUG, Vanguard Growth ETF, https://personal.vanguard.com/VGApp/hnw/funds/holdings?FundId=0967&FundIntExt=INT
and here is a graph for those closet technicians among us:
Yahoo! Finance Charts (use the slider in the Time Range to see longer history)