tag:blogger.com,1999:blog-5537249652491700546.comments2023-06-18T03:49:27.305-05:00The Wealthy OwlKen Hawkinshttp://www.blogger.com/profile/05457698642636753783noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5537249652491700546.post-15746294016300119922021-06-25T04:49:58.693-05:002021-06-25T04:49:58.693-05:00I am very much pleased with the contents you have ...I am very much pleased with the contents you have mentioned. I wanted to thank you for this great article. <a href="https://ricky18cox.medium.com/best-etfs-for-2021-9c1f3c86adee" rel="nofollow">Best etfs for 2021</a>Charli jameshttps://www.blogger.com/profile/13057696004541293429noreply@blogger.comtag:blogger.com,1999:blog-5537249652491700546.post-28717536688321361582011-11-27T09:16:04.835-06:002011-11-27T09:16:04.835-06:00Knowledge is the most valuable thing in the world....Knowledge is the most valuable thing in the world. The cost may at first seem exorbitant however, its value is priceless.Ignorance is the most expensive thing in the world.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5537249652491700546.post-38063941759633337812010-11-04T19:12:36.548-05:002010-11-04T19:12:36.548-05:00The issue from a compliance perspective is the fir...The issue from a compliance perspective is the firm will say that an ETF is equity because it says so on the statement. They can then justify unsuitable investments as perfectly all right.<br />As an example assume I had 50% in bonds and 50% of my portfolio in a double inverse gold etf and my portfolio was supposed to be 50% equity and 50% bonds according to the investment policy statement. According to the firm then my portfolio was manged properly because it was 50/50. However it had no equity and had the equivalent of being net short 100% gold.<br /><br />They would then say that according to them the portfolio was appropriate for my investment policy statement and they would take no responsibility for any loss.Wealthy Owlnoreply@blogger.comtag:blogger.com,1999:blog-5537249652491700546.post-68153715870965615112010-11-04T18:34:05.695-05:002010-11-04T18:34:05.695-05:00I love the analogy, funny and well presented, and ...I love the analogy, funny and well presented, and presents an interesting point.<br /><br />Adjusting the asset mix reported on the statement to be truly reflective of the underlying investments is time consuming and inconvienent (esp. if you own many ETFs), and some investors may not know how to do it properly or be aware of the need to do it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5537249652491700546.post-15353150506661582072010-10-24T02:35:15.526-05:002010-10-24T02:35:15.526-05:00I like "Thou shall not bear false witness!&qu...I like "Thou shall not bear false witness!"Ridichttps://www.blogger.com/profile/01693767164477196848noreply@blogger.com