Ben Stein Slices and Dices

[wabmester]

Hurricane Katrina, the biggest disaster to hit New Orleans in at least 75 years, and Hurricane Rita, which caused probably the worst traffic jam in U.S. history, preoccupied the nation and the world.

But a truism kept occurring to me all through the storms: Those who prepared got off relatively cheap. Those who had an evacuation plan, plenty of canned food, flashlights, medicines, and batteries got away from the storm or weathered it while others struggled.

A Model Portfolio for Weathering Retirement

 

[Spanky]

In short, that's Stein's portfolio:
S&P 500 30%
Dow diamond 10%
IWN/VBR - Russell 2000 Small Cap Value 15%
EFA-Intl 15%
EEM-Emerging Market 10%
IGE- Goldman Sachs commodities fund 5%
EWC- Canadian large-cap (25% commodity) 5%
ICF- REIT 10%

 

[Cut-Throat]

In short, that's Stein's portfolio:
S&P 500 30%
Dow diamond 10%
IWN/VBR - Russell 2000 Small Cap Value 15%
EFA-Intl 15%
EEM-Emerging Market 10%
IGE- Goldman Sachs commodities fund 5%
EWC- Canadian large-cap  (25% commodity) 5%
ICF- REIT 10%

Whoa! - That looks like about 100% equities!

I think he might want to consider a 50-50 stock/fixed for weathering retirement!

 

[MasterBlaster]

Stein's portfolio was mostly equities and was designed for someone who is 30.

The person is assumed to gainfully employed for the next few decades.

 

[Merlin]

I could see dividing just the equity portion of one's portfolio similar to Stein's.

 

[pbrane]

Yes..lots of equities for a guy who just wrote "Yes, You Can Be a Successful Income Investor,"  which I just started reading.

-m

 

[wildcat]

http://early-retirement.org/forums/index.php?topic=2987.0

I think this is Ben Stein's real portfolio & the one on Yehoo is just an example.  Maybe something changed.

 

[mikew]

I don't see much contradiction in what Stein is saying. He has several recommended portfolios. He is a slice and dicer. And he seems to realize there isn't only one way to do it.

BTW His aggressive income portfolio is
20% Cohen and steers Quality Income RQI
20% John Hancock Patriot Prem Div PDF
30% Ishare's TIPS
30% Pimco Corporate Income Fund PCN

Mike

 

[HFWR]

The HFWR Portfolio