Chef Jim Posted October 8, 2008 Posted October 8, 2008 I simply find it hard to believe your company never crunched those numbers. I would accept a guesstimate if you are willing as I trust you mostly. No because the number is irrelevant. If I took my whole book of business and looked at it's rate of return over 3 and 5 years it would include portfolios of everything from 2 years to 30 year and longer time frames. I recommend the portfolio based on the goals of the client and quote ROR of the particular investment. But if you're looking for a number I would say three years is 3% and five years is 5%. Happy? Oh by the way should I have included all the fixed insurance business I have too. Goodnight.
Booster4324 Posted October 8, 2008 Posted October 8, 2008 No because the number is irrelevant. If I took my whole book of business and looked at it's rate of return over 3 and 5 years it would include portfolios of everything from 2 years to 30 year and longer time frames. I recommend the portfolio based on the goals of the client and quote ROR of the particular investment. But if you're looking for a number I would say three years is 3% and five years is 5%. Happy? Oh by the way should I have included all the fixed insurance business I have too. Goodnight. My apologies
taterhill Posted October 8, 2008 Posted October 8, 2008 I simply find it hard to believe your company never crunched those numbers. I would accept a guesstimate if you are willing as I trust you mostly. If a client wants to know their ROR, we can tell them....I have never been asked by someone to give them an overall ROR on my entire book...it is worthless information
GG Posted October 8, 2008 Posted October 8, 2008 I simply find it hard to believe your company never crunched those numbers. I would accept a guesstimate if you are willing as I trust you mostly. And the average winning percentage during an NFL season is 50%. The average roll of a die is ---. What does that tell you?
ExiledInIllinois Posted October 8, 2008 Posted October 8, 2008 The average over 100 years is about 8%. What happens if the late 1980's and mid 1990's was just an anamoly, a blip... Be real, what happens if those big returns never happen. I posted my returns over the last 10 years... Look, stock and other funds that assume risk have only out preformed non-risk funds by only a few percent, if even that. I just have a gut feeling with Baby Boomers retiring... Things are not going to be what we are being told. If I am only going to gain 1 or 2% over the risk funds... Why should I assume that risk?
Recommended Posts