Comments on: Magic Formula Portfolio – April Update http://allfinancialmatters.com/2007/04/30/magic-formula-portfolio-april-update/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= By: Moneymonk http://allfinancialmatters.com/2007/04/30/magic-formula-portfolio-april-update/comment-page-1/#comment-101064 Moneymonk Tue, 01 May 2007 21:18:44 +0000 http://allfinancialmatters.com/?p=1752#comment-101064 I have FCX in form of a mutual fund and it did wonders for my portfolio. Good formula you displayed I have FCX in form of a mutual fund and it did wonders for my portfolio. Good formula you displayed

]]> By: Don http://allfinancialmatters.com/2007/04/30/magic-formula-portfolio-april-update/comment-page-1/#comment-100981 Don Tue, 01 May 2007 14:09:33 +0000 http://allfinancialmatters.com/?p=1752#comment-100981 Wow, talk about mixing in just enough truth to convince people. Personally, I think he's just trying to sell more books. After all, if mutual funds are a bad investment, what should you invest in? Real estate I suppose; that's what he does and if you buy his books, he'll tell you all about it. Personally, I found his book (Where's My Money) made me think about the world differently. But that doesn't make him right. I've computed my own personal return, after fees. And while it wasn't 20%, my 5-year annual return was 8.83% and I did it with very little effort. If I go back further it is only about 6% or so, and that includes the 2000 crash. There is no question that people do not get the most out of their investments, and because of psychology people regularly underperform their own investments grossly (putting money in after a fund has seen gains and pulling out after losses). That's no argument to avoid mutual funds of course. That's an argument to become more educated and use them more wisely, like any other tool. Wow, talk about mixing in just enough truth to convince people. Personally, I think he’s just trying to sell more books. After all, if mutual funds are a bad investment, what should you invest in? Real estate I suppose; that’s what he does and if you buy his books, he’ll tell you all about it.

Personally, I found his book (Where’s My Money) made me think about the world differently. But that doesn’t make him right.

I’ve computed my own personal return, after fees. And while it wasn’t 20%, my 5-year annual return was 8.83% and I did it with very little effort. If I go back further it is only about 6% or so, and that includes the 2000 crash.

There is no question that people do not get the most out of their investments, and because of psychology people regularly underperform their own investments grossly (putting money in after a fund has seen gains and pulling out after losses). That’s no argument to avoid mutual funds of course. That’s an argument to become more educated and use them more wisely, like any other tool.

]]> By: yabadaba http://allfinancialmatters.com/2007/04/30/magic-formula-portfolio-april-update/comment-page-1/#comment-100976 yabadaba Tue, 01 May 2007 13:22:39 +0000 http://allfinancialmatters.com/?p=1752#comment-100976 on an unrelated note have u seen kiyosaki's article on yahoo finance. The pfblog community should really take a stand on these type of reckless articles that are being published on yahoo finance. http://finance.yahoo.com/expert/article/richricher/30687 on an unrelated note have u seen kiyosaki’s article on yahoo finance. The pfblog community should really take a stand on these type of reckless articles that are being published on yahoo finance.

http://finance.yahoo.com/expert/article/richricher/30687

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