Q&A With Liz Ann Sonders: A Bear Market Is Here And A Recession Could Be Coming For me to read I had to Goggle the article as the link provided is for readers with a Barrons' subscription.
The two people that I value their comments the most are Liz Ann Sonders and Jeffrey Saut. Ms. Sonders for her long term perspectives and Mr.Suat for the shorter term positioning.
For me, I'm currently taking most all my mutual fund distributions in cash so, for me, cash continues to build plus I have been buying in some of my fixed income funds as well as we move towards 2019. Currently, my money market mutual funds have a higher yield than the a S&P 500 Index fund that I follow. Within equities I've reduced the amounts held in some of my growth mutual funds and moved some of this money into higher dividend paying value funds through some nav exchanges while some went into fixed income funds.
I've shortened my timeline to get to my new asset allocation of 20% cash, 40% fixed, and 40% equity to the end of this year. In doing this I'll have reduced my equity allocation by 10% and raised both cash and fixed income allocations by about 5% each. This reallocation is being done due to the current investing climate, my age, and my desire to reduce risk within my portfolio while staying invested along with maintaining a reasonable income stream.
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Start 2019 Strong With This Undervalued
Target-Date Funds Are Tanking, But Don’t Throw In The Towel Interesting that they cite Professor S lauding TRP (a firm I actually like), which happens to be the most expensive on the chart. Since Vanguard is 0.5% x 20 (25, 30 yr?? [optimists live longer] cheaper, I'll take my 10, 12.5 or 15% to good cheap restaurants, a lake shore cabin, a winter in Portugal, my granddaughters' college graduations, any place but the grave.
Consuelo Mack's WealthTrack : Guest: Ed Hyman & Matthew McLennan: 2019 New Year Outlook
Q&A With Liz Ann Sonders: A Bear Market Is Here And A Recession Could Be Coming
Target-Date Funds Are Tanking, But Don’t Throw In The Towel
Private Market Investors Say Fees Matter Most In Manager Selection
Larry Swedroe: Inaccurate Indicator I am puzzled by the article since it got into detail about inversion between 2 and 5 years (which I believe recently happened) but I thought the prediction of recession was an inversion for the two and 10 year bonds. It also suggested you could not use to market time while indicating that it might bea good idea to sell one year after the inversion.(one year result better than 3 year)
Maybe someone wiser than I can explain.
MFO Ratings Updated Through November 2018 We're about to go live with ratings for our rolling average metrics.
On MultiSearch screen, punching in top quintile 5-year rolling averages for vanilla (no leverage) mixed-asset mutual funds, etfs, and cefs since start of current cycle (November 2007), while never going negative over any 3-year rolling period, delivers just
12 funds.
Here are the top 5, sorted by 5-year rolling average returns ...
PRWCX down 6.63% today Morn'in
@hankOur 30% equity stake continues to have the crap punched out of the total; as tech. and health are tak'in it on the head again today (Dec.
14). The 30% all too soon may become 25% of total portfolio value.
Take care,
Catch
PRWCX down 6.63% today PRWCX price is down 1.94 today. Total distribution is 1.98. So actually PRWCX is up 0.04.
While I don’t currently own TRRIX, my portfolio closely mirrors its performance most days (mostly by design). When I checked that one, it was “0 change” for the day. So, while distributions for at least 2 funds impacted the day’s total negatively, I’m pretty confident it didn’t really change much.
At last check, TRRIX was off around 2% ytd and I was running very close to it.
Larry Swedroe: Inaccurate Indicator FYI: On Dec. 3, 20
18, the yield curve inverted, with the yield of 2.83% on the five-year Treasury note falling to
1 basis point lower than the yield of 2.84% on the three-year Treasury note. Perhaps that “dreaded” event contributed to the Dow Jones industrial average’s 795 point fall that day.
However, other issues worrying investors also likely contributed to the index’s steep drop: fears of a trade war given that hardliner Robert Lighthizer will lead negotiations with China instead of Steven Mnuchin; the potential for rising interest rates to slow auto and home sales; uncertainty about tax and regulatory policy with Democrats retaking the U.S. House; and even geopolitical risks related to Russian aggression in Ukraine.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-inaccurate-indicator
PRWCX down 6.63% today PRWCX price is down 1.94 today. Total distribution is 1.98. So actually PRWCX is up 0.04.
PRWCX down 6.63% today Yup - closed in 20
14, I think. Existing shareholders can add to it.
Is this fund closed to new investors? Thx
AAII Investors Sentiment Survey: Individual Investor Sentiment Hits Multi-Year Records From the survey:
Bullish: 20.9%, down 17.0 points
Neutral: 30.2%, down 1.3 points
Bearish: 48.9%, up 18.4 points
