rescueme
Thinks s/he gets paid by the post
For those that have M* Premium, and use the X-Ray Interpreter analysis tool, be aware that there has been a change made late last week, in sector analysis. For further info, see:
http://news.morningstar.com/articlenet/article.aspx?id=375877
It's interesting for my/DW's separate portfolio's to run the analysis on each, then combined to see areas that should be considered for adjustment based upon comparison/variation against a core portfolio.
While I/we don't make radical changes based upon the tool (old or new), it is interesting to see where we vary from a well diversified core portfolio. Just as an example, it shows our "under-holding" in the real estate (e.g. REIT's - commercial holdings) are 1.96% vs. 5.74% in a core portfolio. While we're well aware that we don't meet the suggested sector holding, that's due to being "stung" many years ago with an initial offering by VG, many years ago. It also shows an "overage" in Health Care (both in our VGHCX holdings, and other funds that have a healthcare component), but this is an area that we believe will continue to provide good returns expected in a core holding (regardless of who holds the cards in future health care).
Just an FYI, if it has not yet been posted..
http://news.morningstar.com/articlenet/article.aspx?id=375877
It's interesting for my/DW's separate portfolio's to run the analysis on each, then combined to see areas that should be considered for adjustment based upon comparison/variation against a core portfolio.
While I/we don't make radical changes based upon the tool (old or new), it is interesting to see where we vary from a well diversified core portfolio. Just as an example, it shows our "under-holding" in the real estate (e.g. REIT's - commercial holdings) are 1.96% vs. 5.74% in a core portfolio. While we're well aware that we don't meet the suggested sector holding, that's due to being "stung" many years ago with an initial offering by VG, many years ago. It also shows an "overage" in Health Care (both in our VGHCX holdings, and other funds that have a healthcare component), but this is an area that we believe will continue to provide good returns expected in a core holding (regardless of who holds the cards in future health care).
Just an FYI, if it has not yet been posted..
