no longer owns the The No-Load Fund Investor
newsletter, but he is still weighing in on mutual funds. MarketWatch
reporter Jonathan Burton writes
catches up with Jacobs roughly a decade after he sold his newsletter.
Jacobs is not following all of today's trends, He is not recommending alts funds, for example. Instead, he strongly advocates for fundamental indexing, arguing that fundamental indices are built to withstand volatile markets that provide disappointing or negative returns.
One of his favorite is PowerShares FTSE RAFI US 1000 Portfolio
This isn't to say that Jacobs shuns traditional market cap-weighted stock index funds. He owns shares in Vanguard's Total Stock Market Index Fund
and recommends a 50-50 split between fundamentally weighted and cap-weighted products.
His warning is simple: do not get caught up in the hype and enthusiasm surrounding cap-weighted products.
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