According to this article, Goldman has suffered a 10 day trading loss. This, after last quarter's shockingly perfect trading, raking in as much as $25 per day.
Er, now that I think about it, I'm not sure why I'm blogging this. I doubt anyone here would even be interested in a news tidbit like this.
But a lot of people DO guy Goldman stocks simply because of how good they are, and yet, it still pays to diversify because news articles like this reminds all of us that even the best... can't be perfect.
On a completely separate note, Rick Ferri reveals his hand!
34% Vanguard Total Stock Market ETF (VTI)
10% S&P SmallCap 600 Value Index Fund (IJS)
5% Ultra-Small Company Market (BRSIX)
8% Vanguard REIT ETF (VNQ)
6.5% Vanguard Pacific ETF (VPL)
6.5% Vanguard European ETF (VGK)
5% DFA International Small Cap Value
5% DFA Emerging Markets Core
12% Vanguard Total Bond Market Index(VBMFX)
4% Vanguard Inflation-Protected Securities(VIPSX)
4% Vanguard High-Yield Corporate Fund(VWEHX)