Merriman Ultimate

According to Paul Merriman, the Ultimate Buy-and-Hold Strategy “creates a sophisticated portfolio with worldwide stock diversification by adding value stocks, small company stocks and real estate funds to a traditional large-cap growth stock portfolio.”


Asset Allocation

(*) Merriman specifically calls for 6% international small value and 8% TIPS.  I don’t have good data for these assets, but in an effort to best illustrate his design intent I added them to the I-SML and ITT allocations.  These are both reasonable replacements and should not make a huge difference in these smaller proportions.  However, be sure to read Merriman’s explanation for why he chooses the funds he does.

Note: Because verified data is not available, this portfolio includes estimated returns prior to 1982.  Data for those years is highlighted on each chart.