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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.
I used to be like that but for intellectual hygiene (my brain clarity and challenges thereto) I went a few years ago to ML via BoA and Fido only, and so I buy only whatever is offered therein for free. Works okay thus far, although I forsake Bruce a…
I cared more when the kids were younger and had a copy of the family card and I wanted to be sure if they ever needed large cash quickly the card could be used.
If/when you retired, it is interesting to see what happens when you ask for an increase.
Another factor for me is credit line, not that I have ever used such a thing or anticipate doing so. I too have too many confusing BoA Visas, but for a long time only one had a $30k line (though now all of them do), same as Fido Amex. Meanwhile I ca…
It's still about retraining and that's what they keep ignoring. Tariff free int'l trade is good for everyone except the displaced workers. If they are retrained in a serious way, there is minimal heartache and misery. Yet with all these recent t…
It used to be that Amex phone c/s and other support, as well as backing policies (for car rentals, warranty extensions, subpar merchandise, merchant conflicts), were much much better than anyone else's. Maybe no longer the case so much, but a distin…
They did okay provided I did not fuss with them, which of course I did. I worked in high tech then (and after) and had Select Technology, not patiently enough, and some others. But then I got greedy, and followed the honorable quip of how to make a …
In doing further asset type correlation / decorrelation research, I was very surprised to see FAGIX outperform everything else the last decade. (Not a pure junk fund, true.)
Boy, I think I recall buying a second Select and paying the commission. Or so I remember now. Huh. They were offered in the first 401k I had available, early 1980s.
>> They felt that but for regulatory issues, ....
Bell Labs felt that way about everything, ever, every single decade, and long after the breakup as well.
I find VWINX especially impressive because, for a notional 35/65 fund, plus or minus --- meaning the sort of thing many of us would not consider, certainly not in our younger days --- it does so well equaling or beating (since the early 1990s) highe…
>> Remind me again why we should not just invest in VBINX and forget about it?
Because if you had read the Fortune and Forbes ranking articles in the early 1990s recommending DODBX, FPACX, FPURX, OAKBX, MAPOX, and/or GLRBX for the long haul a…
yeah, I was surprised at the assertion, having seen text along these lines for more than one Fido fund (and for other funds where I have been contributing to or indeed editing the text):
Redemption proceeds may be paid in securities or other proper…
Did not intend that discussion be just about stocks, just the benefits of diversification, which have gotten so small the last several years.
Catch, no period b/w 'deals' and 'Fido'; simply meant ML offers some vehicles for free which Fidelity does…
$50 now. edit: that's in general; this fund $75 as noted below, tnx.
I am split b/w ML and Fido; each has advantages and offerings. ML offers lots of completely free ETF and stock purchases w enough holdings, plus some fund deals Fido does not. E.g…
An amazing achievement for a 40/60 vehicle, yes, especially its first decades after 1970. Although I would not have been able to retire had I limited myself to it. (Nor, for that matter, to SPX.) And yeah, we are now right at the 8-9y breakpoint for…
Tyvm.
I think the answer is probably yes, always the case.
Interesting that 4, the diverse one, prevailed for 10y, not just the longer periods.
What approximately were the excess percentages or overages?
Merriman should have some MJG portfolios,…
So for a declining cash nut (being used for a year or two's living expenses) of $100k, the improvement over keeping it in bank savings is just a few hundred dollars. Tough times for safe investing, for sure.
But to first order the classes do correlate for the most part, depending on what one means and what the criteria for performance/outperformance are. No discomfort on my part (reading). My question was about actual $ benefits. I never know what level…
But to return to the original question:
What are the notable (actionable) benefits of diversification the last decade and more. In other words, reasons not to simplify, with age, into US LC indexlike holdings.
Hmm. I too assumed it must be plain hard, but when I just compared IWM with FLPSX and FCNTX over 1/3/5/10/15y, plus start 02 and 08, it sure looks like a piece of cake.
I think his breadth point is real and important, but then there is this fine comedy:
https://www.washingtonpost.com/politics/in-turmoil-or-triumph-donald-trump-stands-alone/2016/04/02/8c0619b6-f8d6-11e5-a3ce-f06b5ba21f33_story.html
