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.
@rsorden. I hate to give you the attention you so obviously crave but throwing words like “ commie liberal snowflake “ and “every thread” disqualifies you from having any credibility.
Thanks for this idea YBB. Why would Treasury FRNs be better than a Mm fund? And when the Fed pivots will these perhaps continue to have meaningful yield longer than MM funds? Thanks in advance for your reply.
@sma3. Right on! I believe Fitch used the term “governance.” The trump party, let’s call it what it is, no longer cares about governance. Does not even pretend. Just raw power. Trump has fooled the deplorables into supporting him against their …
At this point nothing about trumps behavior comes as a surprise. He is shameless but he is what he has always been. The real issue, the issue that must be addressed, is the absolute devotion shown to this disgusting character by almost an entire pa…
Using Schwab as my source of CD rate data it seems as though a plateau may have been reached. Since July 10 rates have been essentially flat. I don’t think that these rates will last well into 2024. Now may be the time to lock in for longer.
@fred. Point well taken. Another defensive measure might be to skip six figure CD’s all together and spread the risk around. I am trying to have fewer CD’s in my collection but not so much to add concentration risk to a mostly safe asset class.
Hank. You were actually right. VWINX has a 37.39% allocation to equity. 60.41% to FI. As of June 30. Using Portfolio Visualizer to back test since 1/1 2019 I would be ahead if I would have been 100% in VWINX. Of course my equity allocation was…
Yeah Hank. You are right. That hasn’t encouraged my transition to autopilot. But when interest rates peak things will look better for Wellesley. Truth is it’s not an optimal growth solution,,, it’s a simplification solution.
@Hank. You got me laughing at myself. Still thinking about going to Vwinx. Like everyday. Got distracted by ever increasing risk free yields and our retirement burn rate is very minimal. But going forward my motivation is an autopilot situatio…
Perhaps because of some of the ideas that this discussion brought up I started organizing our “family office” in case something happens to me sooner than expected. I ran across something from the esteemed Rick Ferri from 2/6/15. The piece was title…
@Sfnative…. Appreciate your comments about dogs. Did your shelter care for cats? Off topic but my experience is that cats, unlike dogs,,, have a very difficult time with change. So I can’t move. My dear cat would object.
@hondo. Same boat here. My wife has no interest in this stuff and I think more and more about a vastly simplified portfolio going forward. As my CD’s and treasuries mature it might be time to build a position in Wellesley or some such thing. At l…
TRAIX @ Schwab. This discussion got me curious if this fund could be purchased at Schwab. I went to trade mutual fund and put in the symbol. To my surprise it told me that fund required a $1.00 minimum and no transaction charge. When I tried to bu…
@Fred495 + 1. It seems as though risk free 5% is possibly the “ magic number “ for many conservative investors . Which leads me to ponder what is a win? For me I am starting to think in terms of dollars instead of an arbitrary per cent.
@FD. I agree that folks with pensions and those who don’t are facing entirely different retirements. But I disagree with your second statement. If I had a pension ( and I don’t) I would have less reason to have “ a higher % in stocks.” Given a s…
@dt. Taking a longer term view of our portfolio composition I can see a time when reducing the moving parts becomes job #1. Managing a group of higher yielding income producers and then updating a group of CD’s and Treasury stuff may be interestin…
@dt. I have been been overweight CD’s since early 22 as well. I have become very comfortable with a risk free 5% and find that it suits me well. I am torn between going out as far as I can and still be real close to 5% or slowly returning to a mor…
@Davidrmoran. I am at the end of long and profitable relationship with SCHD. Would you be willing to share what you learned about the “value outlier? I understand a bit of how the index works and am fascinated by how the algorithm seems to have …
