Re TIAA-CREF, I happen to know a bit about them as Mrs. D worked there in her first job outta HS. So we still have a employer-paid plan with them that is in the six figures.
In the bear market of the 1970s, their funds got killed. Under-performed like 20% or more.
So after that they embarked on an indexing strategy for all their funds, at least before they went ‘commercial’. So, all of their funds, imo, are tied to some index, or 90% are tied to an index with only a small portion actively managed.
Cref Stock, which was once their only fund, has a effin’ 10 year annual return of .29%. But since inception in 1952 (!) over 9%. Annually.
AFIAK Cref has more dollars under investment than any other firm in the country, even tho most have never heard of them.
TIAA-CREF was founded by Andrew Carnegie. They are a good, honest company. I feel much better having money there than in GS, MS, or any of the usual Wall Street firms.
TIAA Traditional 10%
CREF Stock 20%
CREF Growth 10%
CREF Global Equities 15%
TIAA Access International Equity Fund T1 20%
TIAA Real Estate 10%
CREF Inflation-Linked Bond 5%
CREF Social Choice 10%
TIAA-CREF allows you adjust your allocations really freely… both adjusting currently invested funds and where you want future funds to go. I’m a “rather aggressive” right now. There are some limits, like X% has to remain in something or other, but nothing that restrictive.
Etson – Thanks for noticing!
🙂
m4l, looks like t6 has 35% in something other than equities… I assume cash/bonds.
Re TIAA-CREF, I happen to know a bit about them as Mrs. D worked there in her first job outta HS. So we still have a employer-paid plan with them that is in the six figures.
In the bear market of the 1970s, their funds got killed. Under-performed like 20% or more.
So after that they embarked on an indexing strategy for all their funds, at least before they went ‘commercial’. So, all of their funds, imo, are tied to some index, or 90% are tied to an index with only a small portion actively managed.
Cref Stock, which was once their only fund, has a effin’ 10 year annual return of .29%. But since inception in 1952 (!) over 9%. Annually.
AFIAK Cref has more dollars under investment than any other firm in the country, even tho most have never heard of them.
TIAA-CREF was founded by Andrew Carnegie. They are a good, honest company. I feel much better having money there than in GS, MS, or any of the usual Wall Street firms.
“CREF Social Choice 10%”
“I do care a bit, but not that much” 😉
tybur6, you ballsy with no $$$ in cash.
65% in Equities…
******
TIAA Traditional 10%
CREF Stock 20%
CREF Growth 10%
CREF Global Equities 15%
TIAA Access International Equity Fund T1 20%
TIAA Real Estate 10%
CREF Inflation-Linked Bond 5%
CREF Social Choice 10%
HAHAH!
TIAA-CREF allows you adjust your allocations really freely… both adjusting currently invested funds and where you want future funds to go. I’m a “rather aggressive” right now. There are some limits, like X% has to remain in something or other, but nothing that restrictive.
DIBS, Rob is a perfect contrarian investing angle – ie just go opposite
Pete, do I need to be more blunt? you better come out soon for lunch or drinks with me cause your memory of me is slipping