Critique of an Overly Broad ETF Portfolio

This article has 6 comments:

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  james joseph

  Mar 21 11:44 AM
  i have never voted for a socialist in 46 years of voting. but i too agree that bob pasani should take over kudlow's program. i have told cnbc that i think kudlow's program is horrible because he does not listen to his guests, thinks he is funny, and like most of the horrible hosts on cnbc he cuts people off all the time. in my opinion, bob pasani is the most underated person at cnbc.
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  Roger
  Nusbaum

  Mar 21 12:20 PM

  My Website
  while I am no fan of Kudlow it is tough to be critical of someone for thinking they are funnier than they really are;-) but I view Kudlow as a moderator so shouting over his guests makes no sense. He is not the show in the way that Cramer is. No matter what your opinion of Cramer, he is the show, not so Kudlow.
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  hblank

  Mar 26 10:33 AM
  I do not work for XTF Advisors. However, for generally televised advice for full-market allocation for most investors taking into account where we currently are on the yield curve and without individual investor profiles, I believe that Nussbaum's criticisms of this portfolio are WAY-OFF-BASE! This is an excellent "starter" or generalized ETF-allocation model portfolios for the vast majority of investors (most of whom do NOT own and mangae treasuries directly and certainly do not have the ability to change maturities with the yield curve). The targeted investor -- particularly on this show -- is the typical mutual-fund/ 401K investor. Most of these investors would be so much better off following the XTF model portfolios than keeping their current fee-hogging mutual funds that words cannot express my hopes that XTF wins converts in this regard. Good job, XTF! Bad criticism, Nussbaum.
  
  As for Pisani vs. Kudlow, I agree with Nussbaum 1000%. Having dealt with Kudlow at two industry events and with Pisani on many occasions, there is no doubt in my mind that the latter is the better journalist and interviewer. Bob does his homework, tries to interview the right subjects, is always respectful, and tries to educate his audience. Larry is an economist first, an iconoclast second, and a journalist third (if not fourth). His opinions and observatrions are interesting, his pithy comments less occasionally so, but if he has much interest in educing enough from his guest to educate and enlighten his viewing audience, I've never seen any evidence of it!
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  Roger
  Nusbaum

  Mar 26 12:42 PM

  My Website
  disagreement is always welcome so in that light the portfolio being a starter? It strikes me as being very similar to almost every other ETF portfolio put forth.
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  sdrone

  Mar 27 11:58 AM
  I'm a little late here, but why not add an investment idea or 2 instead of just noting criticism? That way people like me could learn from your critique.
  
  Yeah, it looks like a starter portfolio. On the other hand, it looks, in general terms, like a well diversified portfolio. It has various equity capitalizations, international stocks, and even a significant REIT portion to go along with plenty of bonds (too much bonds for my taste). The only thing it might lack is a small percentage in come type of commodity ETF.
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  Roger
  Nusbaum

  Mar 27 02:05 PM

  My Website
  i write quite a few posts between here, my blog and TheStreet.com that does just that.