Quote from heartky:
I am a former user of her website. You nailed the arrogant part.
She has now joined up with a younger male partner. Their new website is called "WealthCop". "Pete" plays straight man to her routines so as not to overshadow her highness. She starts with a Core portfolio of 4 ETFs which are rebalanced monthly according to a proprietary formula. Then there is a Satellite Portfolio of 6 ETFs that are rebalanced weekly. I divided my investment into two equal parts. One which followed her initial allocation and one which did all the weekly and monthly rebalancing. Guess what, the initial portfolio out-performed the weekly and monthly razzle dazzle with less effort. The coup de tat was when I dared to ask a question as to whether or not she had any thoughts about a taxable portfolio outside an IRA i.e. one that needed after tax returns since her returns were running about 7% (pre-tax) based on theoretical backtesting. She became irate at this question which dared to doubt the one size fits all model. Good night and good luck! She never answered the question except to say some choice words with hubris that made arrogance sound like a compliment.
