[BYU71]

Just for kicks I took the last 10 years and applied the formula.

50% S&P 500 index (2,88%)

30% World International Index (4.65%)

10% Gov't Bond Index (5.70%)

5% Commodity Index (15.5%)

5% Reit Index (10.64%)

Yield for portfolio over last 10 years through June 30th is 4.71%, beats S&P by around 2%



During same period good ole well managed Mutual fund like Growth Fund of America did 9.18%. Take even 2% a year out for fees and net of 7.18% is pretty good.

I am in no way here giving or suggesting anyone make any type of investment in anything. My main point is that Jay's contention that "any" financial advisor who claims to beat the S&P by 2-3% is probably incompetent or dishonest is pure bull crap.

Invest your money in whatever way you feel comfortable whether it be the efficient portfolio or researching for good advisors to do it for you. There is no "only the right way" to do it.