“I think Joe’s answers are incomplete at best and wrong at worst. He likes to use buzz words like modern portfolio theory and Sharpe ratio. How is this actionable advice? Why not promote a three fund portfolio instead with risk appropriate allocation. He also likes to repeat that that fees aren’t a big concern for most. While this is true, it is also incomplete. Fees are a concern when they are above 400 basis points. Fees also are an indicator of actively managed funds. I could go on and on and on. His answers create more questions than they do clarity. Paula instead provides a framework for answering questions. I generally agree with her advice. Joe seems like most of the other people in financial media where he is trying to sell you something. Perhaps it’s his often touted book.”
DB$$$$$ via Apple Podcasts ·
United States of America ·
07/18/23