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.
@fundly. I appreciate the short duration, high quality bond element but according to M* the equity side is tech heavy, high PE and concentrated in two sectors. Not so conservative. For me,,, having separate bond and equity funds makes more sense d…
@fundly. +100. DO NOT LOSE IT. you speak the truth. If you use portfolio visualizer try a 50 / 50 mix of vanguard Wellesley and Wellington which becomes a 50/50 allocation. Its worst year is less than WBALX and the return is much higher. And o…
At Racqueteer. I am so sick of people who use try to say that both parties are the same. Back in the day I used to say that the two parties were merely the right and left wings of the capitalist party . Back in the day I was a fool.
Only one par…
At the risk of being “too political “ the fact that the markets historically have ignored government shutdowns reveal the major disconnect between Wall Street and an increasingly ungovernable country.
At crash. Ditto. From summary page I scrolled down to all the choices, hit research, hit US Market, put in BRUFX. That was too easy. With all due respect,,,,,,
@Graust. “Don’t fight the market.” If I were 30 years younger I would agree. In fact, thats what I tell my adult kids who have plenty to invest and then ignore it. As for this old guy I am increasingly risk adverse. Today’s market is expensive a…
I have been in the decumulation phase for five years now. It’s not just a phase . The risk of loss of capital seems a bigger deal as the clock runs down. As someone who is not investing for future generations preserving capital must be balanced …
Another good Schwab benefit: I was able to designate three fund families were normally Transaction fee and they waived the fees. When I asked Fidelity about such an arrangement they aggressively tried to push Fidelity alternative funds.
@ Crash. I don’t want to sound like a Schwab fanboy but my experience is that it has better customer service than any other large, impersonal corporation that I deal with. I have access to private client service which might help me get phone serv…
Long time Schwab guy. I don’t leave a penny in Schwab one interest. I did not even know it was called that. I know that when cash falls into any of our accounts I have to manually purchase SWVXX before the market closes. In the morning I will h…
Thanks for your comments. My concern for my daughter’s portfolio is that she literally pays no attention to it. That’s great for ignoring short term underperformance and market gyrations. But if Mr. Fried and his team fade away and are replaced by…
Question for Primecap heads. My daughter can invest in VPMAX or a very low fee total market fund in her 401k. She has no interest in investments and maxes out her 401k every year. She pays no attention. What would be better for the next 30 years…
@Old_Joe. Thanks for sharing that article. As a former graduate student of history I appreciate the willingness of the author to go beyond the conventional thinking to better understand historical trends.
I got curious about the bigger issue of post office real estate and it’s clear that the US Post Office is consolidating and closing lots of offices. Is this good for PSTL? I don’t know. Portfolio Visualizer is a wonderful tool you might want to b…
@Crash. We all know you are into your PSTL but according to Portfolio Visualizer it has a CAGR of 1.65 % 1/20 thru 12/23. It also has a higher standard dev than the S&P 500 as well as a higher Max Drawdown. What’s the attraction?
After reading this thread I called my bank to talk about lowering POS and ATM limits on my Schwab Bank debit card. The rep volunteered that writing checks gives potentially bad actors access to your name, address, routing and account number. More r…
@davfor… I think you nailed it. One thing that this discussion illustrates is that all this stuff is very personal. Unlike Bogleheads group think,,, this group is a big tent. We have the CD crew and one colleague who hunts down obscure individual …
@Old_Joe,,,, whether expenses are normal or unexpected, funding for such things should not be subject to the vagaries of Mr. Market. Thus a pile of money segregated from our “ main fund.” I sleep better knowing our next car, roof, sails, dental im…
Is a bucket for a new roof, out of pocket medical care, a new car, estimated taxes, boat repairs and other unexpected expenses and a second bucket for investments flawed? Seems like common sense.
@Sven. Please let us know where it is revealed that PYLD is the ETF version of PIMIX. Can’t find anything the supports that. Same managers but not the same. Thanks for your help.
Great Being There reference. When I read the novel by J. Kosinski in the early seventies I was blown away. It still resonates today. Empty suits and platitudes.