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.
Support MFO
Donate through PayPal
davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
no, it's crap:
https://azizonomics.com/2013/06/01/the-trouble-with-shadowstats/
or just google
shadowstats bullshit
and read the next several hits
also
http://krugman.blogs.nytimes.com/2014/07/19/always-inflation-somewhere/
Whatever you "us…
Ted is mistaken (again), about geography this time, where close counts for sure.
Anyone who's driven cross-country, or is from the (vast) Midwest, or knows any American history, knows that Pittsburg indeed starts things off, not ending till the Roc…
@DanHardy
>> A chart comparing an investment starting in 1980, for example, should have an inflation component to it to reflect the decline in purchasing power.
Not quite following the point. Inflation "applies" to all investments. What $10…
Look back at the last 5y of, say, DVY or TWEIX and check both the size and the number of the "corrections."
You can wait a long unprofitable time waiting for a supposedly better moment to invest.
Yes, if feasible do push back SS start date; indeed, any CFP or CPA or similar would almost certainly tell you to live on this $250k instead. If you can push it back to age 70, all the better. The cashflow difference is very large.
That said, I wou…
I myself believe that this is majorly misunderstanding what mutual funds are for and do, which is an over-time function, but whatever.
Can you not get and/or infer what you need looking at performance vs indexes and competitors for the short terms…
@VF
>> Monthly, Weekly if possible.
>> We have to make decisions in the present. Someone will always come along and tell me 3 years after I sell what an idiot I am. Can't make decisions in hindsight and foresight. Important for me to …
Vanguard dedicated advisers do this also, or at least past 95, depending on the answers to some interview questions of course; I was a little surprised when my sister told me that.
At 79 does it not all depend on her cash and any other liquid assets, her SS, and her cashflow needs? (Of course there will be no indexes unless he is fee-only.) Not yet clearly seeing swindle, criminal, jail, disbarment, but if you say so.
That's correct.
Rexx:
https://finance.yahoo.com/quote/rexx/financials?ltr=1
http://www.investopedia.com/articles/investing/072815/oil-companies-near-bankruptcy.asp --- says REXX to fall; this was over a year ago. Still. So I could lose $3500 more.
…
haha, maybe; I do play a little bit trading ups and downs, rich-friends' tips and such, biotech and oil and a REIT or two, also CLF, also Acacia, and had a good string of years until starting a couple of years ago, and since then probably have cough…
re ML, exactly. I do the same there w etfs. They will not do VXX, thank goodness.
20k is good.
Doubt you will get a bite at 50 cents. He said.
You might want to do some dd on COG. I have made some money with it but given it all back as well.
Thanks. Idiot reminder!
Ha, not rich beyond words, but it should recover at some point. I have studied their figures, and talk regularly w a local geezer friend (rich) who knows the CFO well, who reports they are quite solvent and just biding thei…
REXX is a play, solvent and productive but extremely cheap, 61 cents or so, but it may take awhile, esp if NG pricing goes even lower. I am thinking the downside is nearly nonexistent.
https://medium.com/@DuncanWeldon/negative-yields-the-euthanasia-of-the-rentier-political-economy-dc3131d8d85e#.zh4wnieb9
PK yesterday:
Duncan Weldon has a good think-piece [above] on the peculiar circumstances that have brought negative interest r…
You know this about perma-inflation Singer, right?
https://www.washingtonpost.com/news/wonk/wp/2014/11/06/heres-the-latest-dumb-argument-from-a-billionaire-that-will-hurt-the-economy/
tnx, v interesting
Most of my own large DSENX / DSEEX holding is in Roths, but not so for my kids.
Would probably be worth crunching the actual numbers for them vs TWEIX, PRBLX, also div etfs like NOBL, SPHD, DVY, etc.
Still can't discern whethe…
@msf
>> DSENX or any of its ilk belongs strictly in a tax-sheltered account. Holding bonds in lieu of equity, their tax efficiency is horrendous.
Fido shows before- vs after-tax delta to be no worse than LV category (to the contrary, in fact…
>> the fund has beaten this index also since inception, but by a much smaller margin,
Yeah, ~3.6% and ~4.1% (DSEEX) in toto since Nov '13 is the value the bond sauce has added, by my calculation. So is it worth it over CAPE?
Interesting th…
jeeeeeeezus, how can I have so much money in a fund where the co-manager thinks DT is going to win the election? Politics aside, what does that say about his intellect and thought processes and observational and analytical skills ? Mother.
k, well, check it out and do the math (I mean, did you read the article?)
Figure out your total contrib and what you can take out now and compute the return.
Not supposed to match equity or even balanced investment over decades, is it?
Let's review…
You want only your and your employer contributions back ?
http://www.politifact.com/truth-o-meter/article/2013/feb/01/medicare-and-social-security-what-you-paid-what-yo/
I have been in and out of Soviero's FLVCX, in a slump, though he is a wizard. Not sure what is being criteria'ed as alt. For RE I long ago switched from VNQ to FREAX.
@willmatt72, DSENX / DSEEX tracks etn CAPE w/ bond secret sauce. Algorithmically…
Ignore articles like that.
Any good balanced fund will do; you do not need adviser advice. There was just a recent thread about balanced funds, mentioning several of the Vang ones as well as others.
Any of the above Vang recommendations are good an…