i've read lots of these white papers and robo methodologies, this is by far the best. wealthfront's is good but it mostly exists to sell and justify their product. this one basically teaches you to do it on your own. not just robo advise yourself, but actually construct portfolios for various levels of risk and return. (that's not as easy as it might sound).
posting here in the hopes it sparks some good discussion about MPT, correlation, diversification or anything else in the white paper.
i'll start it off with the question i've been trying to find the answer to by reading all this stuff: what is the maximum return portfolio? that portfolio should have a name and be famous, the holy fucking grail. but these sites all seem to want to hide it's existence and refuse to give it to their clients when they score maximum risk.
if you don't understand MPT you're answer will probably be '100% US Stocks' or '100% Emerging Markets' or something but that does not seem to be the case. if you combine asset classes with similar levels of return but that are not perfectly correlated, your risk goes down and your returns likely go up. it's almost certainly going to be a portfolio of multiple asset classes.
Submitted March 13, 2017 at 07:49PM by twoambien http://ift.tt/2mUcdJV
