Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
Like @BaluBalu, there is too much overlaps in both holdings between Goodhaven fund to other funds I own. At this point there is no compelling reason to add.
… of the Fund into the abrdn Emerging Markets ex-China Fund (the "Acquiring Fund"), a series of the Trust.
As the geopolitical friction rises between China and the west, many managers ask the question of whether China is investible from investor’s …
@crash, I have had experience with a number of large brokerages. They have their ‘pros’ and ‘cons’ as our needs evolve over time. In recent years we consolidated to a few; some were our former 401(k) administrators and we get assess to unique plan…
Wonder what led to this situation if you can share with the board ? We never had experience remotely close to yours.
Only we get are credit card offers with 20% interest and cold calls form their financial consultants who want to do business with…
Additionally, Yardeni see a broadening of the market beyond the large tech. He recommends S&P 1500 (so to include the smaller caps). Likely there is “no landing” this year since US economy is moving along well and low employment.
Yardeni is t…
Not @JD_co here. Think the shift away from the megacap tech has started late last week. Today, RSP is down 0.3% while the broader indices, SPY is down 1% and QQQ is down 1.8%. The spread between SPY vs RSP is narrowing that suggest broadening of th…
In 2022, the broader bond index lost 12% with the rising interest rate. It is likely that many investors are still in the negative territory even after a 5.7% gain in 2023. In hindsight, moving to cash ( cash equivalent) before March 2022 would be …
I would keep the fund where it is if it cannot be transfer. I have several funds that cannot be transfer. In one case I sold it and another equivalent fund/ETF.
Life has gotten much easier since our consideration, especially in tax return filing.
It is all about money. If BRUFX is not on Schwab mutual fund platform (both no transaction fee and transaction fee), you cannot transfer-in-kind to Schwab. Mutual funds pay the brokerages a fee to be listed on their mutual fund platform. Sometime…
I feel the same and in no hurry to follow the crowd. By the way, equal weighed S&P, RSP, is advancing ahead of SPY, suggesting broadening of the market. Will be patience and wait for better opportunities if and when a pullback takes place.
Thank you. Good read. Giruox wrote more on this than previous annual report.
Not sure why he called his portfolio “garpy” when many of them are growth stocks including Microsoft, Amazon, NVIDA, Apple (reduced now) and Amazon. Sure he also inve…
Climate change makes wildfires much worse on the western states. One of utility unit of Berkshire Hathaway, Pacific Corp. is facing a possible $1B lawsuits from US and state of Oregon. Is the liability still make utility attractive?
https://opb.…
If there is a government shutdown, it is likely to be short live. However, this would put American citizens at risk from safety. The market recovered shortly. So have cash would be helpful.
The most significant include the 21-day shutdown of 19…
Just as @Mark and @catch22 pointed out, google search on how to navigate the brokerages is the best way to learn. While we are not customers of Schwab, we found insightful podcasts and commentary from Schwab readily. Questions then become how to d…
That is a lame excuse. Any credible tax preparers would require to report all income sources beyond his government salary including gifts and free trips. These are sizable $ and not several hundred dollars. The Thomas intentionally hid these free …
@hank, Also Fidelity tool is very good to analyze your portfolio and % exposure to certain stocks, although not as neatly as those from M* portfolio X-ray analysis. T. Rowe Price used to make the M* too available to their investors, but now they o…
No, he won’t quit Supreme Court and Chief Justice Robert’s cannot fire him.
Thomas has been doing this for a long time. Not reporting these gifts as income to the government ethic oversight is a serious problem. Wonder if he report these as gifts…
The tread that @stillers posted above said it all about Grandeur and their investment approach. Think they share their same analysts with Rondure funds and their performance has suffered as well. Like @Chang stated that the company cannot owed up t…
The market concentrates around Mag 7 is concerning. Are we riding on a bubble or this time is really differs? Except for US, the economy across the globe is slowing including China.The past week UK and Japan are officially in recession. Is US the …
Good to see that you are lowering the risk (TUHYX). PRCPX may prove to be an excellent fund for income investors. Still have some work to do on Farris G Shuggi’s track record before adding the fund.
You can also profit from the eventual rate cu…
Actually all that NATO funding talk is really a mask for “isolationism”, and not about $. We will not get fool again.
https://pbs.org/newshour/world/watch-live-vice-president-harris-speaks-at-the-munich-security-conference
Isolationism in US was …
That is for sure in order to avoid a serious financial setback.
Unless the case prevails in appellate court, he has to pay the judgment. Since this is a civil fraud case and not relate to campaign activities, he cannot use PAC or RNC fund to cov…
@crash,
If the market slides into recession, junk bonds will go with it. Given the low employment and strong growth, recession risk is declining in my opinion. PRWCX in your portfolio has about 10% bank loan/floating rate bond, thus I would not ad…
@Observant1 said: The increasingly narrow concentration of the upside part of the market is what most concerns me. How much longer can that go on? History suggests it will not be forever. And, then, what comes next? I am rooting for the inflation r…
But during the oral argument she called it “paradoxical” that a president’s duty to faithfully execute the laws would allow him to violate them. That characterization is reflected in the final opinion, which calls Trump’s position “a striking parad…
@hank and @Observant1,
Without the Magnificent Seven, the 493 stocks in S&P500 are doing so so and the smaller caps are trailing considerably. So where are the opportunities today in this high valuation environment ?
How long can this goes o…
@BenWP, US-style capitalism has favored shareholders (not necessarily an equitable division of profits), but EM firms have funneled the dough into the hands of corrupt officials, founding families, and antidemocratic governments.
I couldn’t agree …
Many brokerages post bullish forecast on EM for many years. Relationships between China and US have deteriorated in recent years and many firms are moving their supply chains to other countries.
Also foreign investment is drying up in China. Ther…
Mike Wilson has had opportunities in fall 2023 to adjust his views as more data became available. He struck to the inverted yield curve narrative too long. One would think there are ample resources at MS that he can lean on in order to see other …
Thank you for the updates. The economy is a lot stronger than expected. Agree that rate cut will likely be later this year.
Just about all bonds were down today after a nice run up this week. Bought more PIMIX.
Dollar went up too as oversea ma…
Don’t worry about money. He is burning through PAC donation to cover his legal defense. Yet there is the New York case and the DA is asking for over $300M penalty while the Organization is banned from doing real estate business in New York. That h…
Tough to say one way or the other. Market likes to see cutting in March. Others May said in June or later. Cutting late may increase lithe likelihood of recession, but the counter argument is the low unemployment number. Cutting too early when…
