Originally Posted by
crazyjaydawg
In the MBCBP poll thread, there are at least 8 that mentioned not paying dues was a huge benefit. While not their sole rationale, I have a hard time believing that the sub-par returns are the driving rationale.
The 10 year annualized return was 4.35% for LIRIX. (institutional shares) You can add 1.85% directly to that number so your return would be 6.2%, which isn't S&P level returns but pretty good given the low level of risk and the capital preservation guarantee. Like I said I'm in and will reap the returns on 100% tax advantaged money as this plan become the conservative element in my total portfolio.
https://www.blackrock.com/us/individ...rtinst-cl-fund