What they don't tell you is how poorly they did last year and how they have greatly under performed my advice until very recently to hold Vanguard's Total Bond fund (VBMFX) for your fixed income. (I recently sold ALL my bonds and bond funds that are not indexed to inflation and put the funds into investments that should do well in an environment of rising interest rates. Subscribe NOW to get my current advice for your "Core and explore" portfolio.)
This table showing the COMBINED returns for the past three years less a month tells "the rest of the story" as the late Paul Harvey used to say.
|Brinker Fixed Income Advisor||2009 YTD (through Dec 1)||2008||2007||2007 to 2009 Combined|
|Model Portfolio 1||30.90%||(21.70%)||8.60%||11.3%|
|Model Portfolio 2||19.60%||(11.50%)||6.80%||13.0%|
|Model Portfolio 3||14.10%||(5.20%)||7.20%||16.0%|
|Vanguard Total Bond VBMFX||7.74%||5.05%||6.92%||21.0%|
|Vanguard GNMA Fund VFIIX||6.88%||7.22%||7.01%||22.6%|
|Retirement Advisor |
Model Portfolio #3
I also show the returns for our 100% fixed income portfolio in "The Retirement Advisor." We have slightly under performed the total bond fund. Our returns are lower by half a percent because we have inflation protection via a TIPS fund that hurt our 2008 returns AND we recently moved to safer CDs for our long-term fixed income allocation to reduce the risk of net asset value declines should the Fed decide it needs to suddenly raise interest rates.
I can't find Brinker's returns by year listed anywhere on his web sites for ANY of his newsletters!!! What is up with that? Vanguard and I do it. What is he hiding? Call his show and ask why.
I show all my returns for "Kirk Lindstrom's Investment Letter" by year here.
We show our return data for "The Retirement Advisor" here.
The table showing Brinker's poor performance for the "Brinker Fixed Income Advisor" newsletter portfolios relative to a simple total bond index may explain why he hides that information.
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 158% (a double plus another 58% !) vs. the S&P500 UP at tiny 7.5% vs. NASDAQ UP at tiny 0.1% (All through
As of December 5, 2009, "Kirk's Newsletter Explore Portfolio" is up 33.0% YTD vs. DJIA up 19.1% YTD