To: RetiredTexasVet
“Given that CalPERS only earned a 2.4 percent investment return in 2015, and just 0.61 percent last year, the 2.75 percent expected investment return may actually not be that conservative.....”Are you kidding me? Their are Fr-er's here well versed in Mutual Funds and ETF's that could probably put together a more diverse portfolio with this risk and double that return.
2.4% in 2015? Oye Vey these investment advisers/managers suck on ice...
99 posted on
01/15/2017 1:12:43 PM PST by
taildragger
(Do you hear the people singing? The Song of Angry Men!....)
To: taildragger
Probably, but they aren’t related to any one important and therefore not under consideration.
108 posted on
01/15/2017 4:14:56 PM PST by
RetiredTexasVet
(Dan Rather, a 60 Minutes Investigative Reporter for CBS, invented "Fake News"-fake but accurate.)
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