Comments on: Public Pension Plans Doubling Down http://alephblog.com/2008/12/26/public-pension-plans-doubling-down/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sun, 12 Feb 2012 22:02:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: David swensenhttp://alephblog.com/2008/12/26/public-pension-plans-doubling-down/comment-page-1/#comment-21073 David swensen Mon, 02 Mar 2009 22:26:34 +0000 http://alephblog.com/?p=1290#comment-21073 I have a pension plan with my current employer. Due to economic crisis, I am fearful that it may be in jeopardy. Does your advice to "double down" apply in this instance? I will do anything to protect my future security. I have a pension plan with my current employer. Due to economic crisis, I am fearful that it may be in jeopardy. Does your advice to “double down” apply in this instance? I will do anything to protect my future security.

]]> By: David Merkelhttp://alephblog.com/2008/12/26/public-pension-plans-doubling-down/comment-page-1/#comment-20541 David Merkel Tue, 30 Dec 2008 18:20:07 +0000 http://alephblog.com/?p=1290#comment-20541 CP -- doubling down is a figure of speech... I am implying that they are being forced to increase their asset risks in order to meet their funding targets. Matt -- no, no issues in mind... I would not recommend individual bond issues at my blog, mainly because individuals would likely get bad execution from their brokers. I think corporate credit risk is cheap here. CP — doubling down is a figure of speech… I am implying that they are being forced to increase their asset risks in order to meet their funding targets.

Matt — no, no issues in mind… I would not recommend individual bond issues at my blog, mainly because individuals would likely get bad execution from their brokers. I think corporate credit risk is cheap here.

]]> By: matthttp://alephblog.com/2008/12/26/public-pension-plans-doubling-down/comment-page-1/#comment-20530 matt Mon, 29 Dec 2008 22:10:10 +0000 http://alephblog.com/?p=1290#comment-20530 Mr. Merkel: I think I remember you saying(?), recently, that now might be a good time to carefully enter the investment grade corporate bond market. I started looking for some bargains here and prices seem to have recovered. I don't see many deals. Are there any particular issues that you are looking at right now? Cheers, Matt Mr. Merkel:

I think I remember you saying(?), recently, that now might be a good time to carefully enter the investment grade corporate bond market. I started looking for some bargains here and prices seem to have recovered. I don’t see many deals. Are there any particular issues that you are looking at right now?

Cheers,
Matt

]]> By: complacent pandahttp://alephblog.com/2008/12/26/public-pension-plans-doubling-down/comment-page-1/#comment-20515 complacent panda Sat, 27 Dec 2008 19:12:32 +0000 http://alephblog.com/?p=1290#comment-20515 Dobuling down, at least in stocks, always seemed like a bad idea to me. It's cost averaging. My brother tends to do it at a casino when playing blackjack, and there it tends works out. But the odds are different. What I am worried about is that the people who these pension funds are for won't be able to get the money they have been allocated via contract. If some of these funds have lost 40% or so in the last year, how are they going to meet their goals and requirements? How many more years will it take for them to regain what they have lost? I'm glad that's not my job, <a href="http://complacentpanda.blogspot.com" rel="nofollow">CP</a> Dobuling down, at least in stocks, always seemed like a bad idea to me. It’s cost averaging. My brother tends to do it at a casino when playing blackjack, and there it tends works out. But the odds are different. What I am worried about is that the people who these pension funds are for won’t be able to get the money they have been allocated via contract. If some of these funds have lost 40% or so in the last year, how are they going to meet their goals and requirements? How many more years will it take for them to regain what they have lost?

I’m glad that’s not my job,

CP

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