It's a conservative portfolio with a low correlation to the market, ... It isn't affected by market fluctuations. It's good for older people who can't afford to take risk, and it's good for people of any age who just can't take risk.
More Quotes from Sheldon Jacobs:
You may have missed the whole rally, but investors don't know you bought it three days before.Sheldon Jacobs
If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
Sheldon Jacobs
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund,
Sheldon Jacobs
If you're in your 20s, then you can be pretty aggressive, ... But if you're in the stage of life where you don't have many earning years left, there's a lot to commend in this portfolio.
Sheldon Jacobs
Nobody is going to be perfect. I would not a sell a fund with a good record just because it missed a hot sector.
Sheldon Jacobs
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Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
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