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.
However, don't you think this will be easier to fix than redesigning the entire software for the plane as they had to a few years ago?
The big problem is probably going to be that the old timers with the culture of quality have all retired or bee…
It is the perception that is important, don't you think? The official reason for the door plug won't be available for several months I would think. Now anytime a Boeing jet farts, it will be headlines
Depends on how well you want to sleep and how much return you need. Cinammond has a much better defined investing approach than Hussey. I could never figure the latter out.
@hank
Eric Cinammond ( PVCMX) calls it "the art of looking stupid" . This is a good read.
( BTW PVCMX was ahead of SP500 last three years until October with lot smoother ride!
https://www.palmvalleycapital.com/post/the-art-of-looking-stupid
"I…
I have found inverse funds helpful for taxable accounts when selling would trigger large gains, and to damp down volatility when things go really south. Of course when they go wat up ( 2008 and 2020), I can never sell them at the top so it usually …
@ Old_Joe
you may not have gotten the "Settled funds" message because Schwab MMFs all settle the same day. All other funds and stocks settle in two or three days
I think Schwab, unlike Fidelity will let you buy funds without enough cash in your…
@FD100 I should have been clearer; The couple of days is on the bank's end. Wells Fargo says it takes two days before funds available in your account
When I called them they said the transfer from their side to the merchant also takes two days s…
I think it depends on why the market crashes. 2022 crashed because of the rapid rise in interest rates, which killed normally safe bonds, in proportion to their duration.
With Interest rates higher, it is less likely that a sharp rise will occur, …
BTW RPHIX lost considerably less ( 3%) than either OSTIX ( 10%) or RSIIX ( 15%) during Covid panic.
I wonder if the difference has to do with the necessity of valuing infrequently traded bonds by proxy. So when everyone sells, that value has to …
All good points but there are some rather peculiar tweaks I have found since my wife and I stopped getting paychecks. I get SS but not till the last of the month, and it generally is not enough to pay for big ticket items like estimated taxes, April…
No matter how you tweak it, it seems to me the key is to have enough $ in stable value investments ( ie cash and/or short term bonds) to avoid having to sell during a prolonged down market just to get money to live on.
How long the downturn lasts …
@Old_Joe
If the "Iron Dome" can stop Hamas rockets methinks something similar will be able to take out the Houthis.
The recent strike on a US container ship caused little damage. Once the shipping companies see the escorts that are available ( …
Somehow I dont think the US, UK, Saudis and hopefully more Europeans ( who get something like 40% of their goods through Suez) will be unable to stop the Houthi nonsense.
It all depends on what Irans tries to do afterwards, I think.
One way, popularized by AAII is to hold x number of years expenses in cash ( you pick the number… at least 5)
In years where SP500 or Wiltshire or ur index of choice is within 5% of all time high, withdraw living expenses from equities. When index…
I am in same boat, but don't want to have to pay taxes until I have to, ie 4/15. I paid last years amount.
You can also mail them a check if it is postmarked today. However, the amount of penalty for missing a day or two of the deadline is pretty …
From what I read the "Market" is priced to perfection and that includes rate cuts starting in March with multiple cuts to follow. If this happens it will be great for bonds, but you have to ask why would this happen? Many people think the cause w…
As a ha ha Vanguard claims they have "leading technology"!
I will check but I suspect most of the allocation decisions are in the hands of a computer, even if you get a personalized advisor for questions. I wonder how much they change the asset al…
Thanks or the information and advice. I have a hard time paying a computer even 0.3% for advice. You are also stuck with their version of Asset Allocation. This has been a major drawback for Vanguard for several years now.
From what I can tell fro…
I think, also, you have to decide if you are talking about reinvesting dividends. People who plan to live on their investments may need to spend them, especially if the absolute value has dropped significantly
After 1929 and more relevant to us, a…
Poor Kosinski. Dead by suicide at 58.
His suicide note read: "I am going to put myself to sleep now for a bit longer than usual. Call it Eternity."
Painted Bird is a remarkable book, as is Being There. Fascinating man, but not everyone's cup of t…
It all depends on when you need the money, and how much. People who retired in 2000 expecting to live on the returns of the SP500 were in trouble for a long time.
Most projections, like American Associations of Individual Investors claim 3 to 5 yea…
Very useful article.
I haven't finished it but I do not see data about returns taking into account the starting value, ie returns when stock P/E's are high or interest rates low
I have always heard and believed that one of the reasons Buffet has…
@FD100 @rforno
I have had a similar experience at Schwab with the local FAs who have been very helpful with moving money, checking on accounts and answering the phone almost immediately. They probably would have been happy to give me investment ad…
@yogibearbull
M* responded in a rather convoluted way by sending me a screenshot. Only by a couple of tries that didnt work, did I find the "eyeball"
The watch list "import" creates does not include position size or average cost the way the legacy…
It is peculiar that your watch lists were imported but mine were not
The new Investor seems to have a lot less comparison data
I emailed M* support ( Again)
What I do not understand is airplane doors are purposely designed so the lower the outside pressure, the tighter the seal as the positive pressure differential pushes the door tighter. That is why you cannot open a door in md flight.
Yet this "doo…
I wonder how much it actually costs them to support portfolio analyzer, the really only useful think there now?
They made a decision years ago that there was much more o money to be made in institutional and especially advisor support. They must …
You would think M* would be embarrassed to publish that under their brand.
As far as BRUFX quick looks shows 35% cash and overweighting in healthcare and underweight tech. Exactly the wrong positioning for this year
Do they produce any data about…
Where at Schwab can you find the summary report? I just looked for PVCMX and cannot find any analysis
Not that it is worth anything . ChatGPT pans PVCMS saying they have a "unseasoned portfolio mangers" ( Really!!! If you know how you can dig arou…
International value funds I own, MOWNX, BISMX,COBYX (heavily invested in Latin America) have beaten the SP500 in last three years with lower drawdowns. CCISX also but with equal loss in 9/2022. Typical Emerging market funds ( SIGIX GQGPX) have no…
I search the IRS web page but couldn't find anything specific in a short search. Most of the articles I googled did show that it is the trade date, except for short sales
Reading the comments of the interview with Sherman makes me think there will NOT be large $$$ going in because of the article. "Too expensive" "First sentence ER 0.91% No thanks" and one likening CBLDX to a flea bitten mangy dog!
I have a hard time understanding the rationale to pay double for a commodity producer. If companies granted all workers stock options, then the USW would be excited for someone to overpay!
