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.
“It is my ambition to say in ten sentences what others say in a whole book.”
― Friedrich Nietzsche
“I have only made this letter longer because I have not had the time to make it shorter."
― Blaise Pascal,
“Be sincere, Be brief, Be seated.”
― Fr…
@ted
I have to agree with you on this one.
I come from the corporate world and we were taught that you need to get your main points across on the first page of a memo or you will lose the reader.
It might need more then just a table of contents.
Recently, there have been a lot of articles about outflows from junk bonds but I don't see it in the price of HYG or Jnk - yes they off the recent highs.
@catch22
NHMAX
I don't know what happened. I bought it at Fidelity without the load.
I just checked and the site is saying: "Load (Load waived at Fidelity) 4.20%"
I even checked at Vanguard at the same time - the load was in effect.
Junkster,
I was looking at the yields
NHMAX 5.88% - I got some when Fidelity wasn't charging a front end load
HYD is pretty good at 5.53%
EIHYX at 5.13%
HYMB at 4.69%
Believe me, I'm with you on the high yield muni train.
I'm thinking this has bet…
My thinking is that a portion of our retirement assets shoud be readily available to provide additional income and for financial emergencies. A second portion should be invested for the medium term (3-7 years) with the idea that much it will be us…
Your thoughts?
The way you present the numbers is a bit confusing to me.
Isn't the formula this?
$50K total needed
-$XX Net Social Security (after medicare)
= amount funded by investment savings
To me that is the reality check.
I'm single, 60,…
High Yield bond funds have a high correlation with stocks - so if stocks take a hit, then high yield bond funds might also. I wouldn't be putting new money into HYB funds at this point
I find the exit penalty one sure way to destroy the bond market.
Also, how would the FED apply it to non USA funds and ETF.
Nor would it apply to individual bond transactions.
I still think there is a greater chance of bonds going lower before th…
A couple of other thoughts. I've been retired 7 years at 52.
- You are not going to be a different person when you retire. If you think, when I retire I will travel BUT it wasn't a priority when working - you will do some traveling then not much.…
@Junkster et al
Here are some resources for retirement thinking - not just financial! This is the most important part.
Good book
How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor
http://www.amazon…
What has been a surprise to me is my estimated spending. I have 7 years of actual spending details and projecting out for 10 years - the average is $31,028 (that included $27,000 for a new truck).
The wild card is Obamacare - I'm still paying under…
A million isn't what it used to be!
I don't think those numbers capture the full picture. I have my money in 3 companies and can move it about as it they were one. Also, it doesn't include the imputed value of pensions and social security. Take t…
Take the best and leave the rest.
People act a way on a board they would never usually act in person.
If this board has an 'ignore poster' function use it.
I hope my question about Art Cashin didn't start this.
I do think there is a value to posting a bit about why an article is of interest - not just the link.
"Also, how many were forced into retirement via layoff or something else."
Yep that is a big factor in recent years. Also, a delayed factor will be those who found new work at a later age but at a much reduced salary/wage.
I think the first half of…
Hi, guys.
I'm baaaaaack. Dja miss me?
Forums have their own personality and rules don't usually work - it is like herding cats.
I get the sense there is a 'curmudgeonly' vibe here.
" (The value of housing was excluded.)" My guess is that many have a paid off home, which makes living off SS & pension possible.
Also, how many were forced into retirement via layoff or something else.
..."a string of big shorts in CBOE VIX futures suggest hedge funds are betting against volatility. That means they think stocks will keep trading in a narrow range, he added..."
I'd love to see a breakout to the upside. Today, the distinctly posit…
If the reasons given in the link are correct then the bull markets in munis should last a long time.
I would guess that the since people are wary of stocks they are searching for anything with a yield. High Yield corp is near an all time high and i…
Personally I think that it is hard to say who is the worst when they tend to have such great company.
I'm going to offer a different perspective. The earlier along the timeline the greater the opportunity for the president to be the worst because…
While I share your reservations concerning the Espionage Act of 1917,
-
So, since you didn't mention them; you are OK with:
The Sham Neutrality and resulting entry into ww1
Sedition Act
Justice Dept & the American Protective League - this ha…
I'm very curious as to why @Dex ?
You're not curious about Vert's reasons?
See above & research
Sedition Act
Justice Dept & the American Protective League
Espionage Act of 1917 - act made it virtually illegal to criticize the war or the go…
hopeless...
No your are not! Don't be so hard on yourself.
Reading a history book and comprehending the implication of the actions are two different things.
Read about the 'Sham' USA neutrality - read some of the comments also they are interesti…
