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.
Thanks everyone for this thread. Since I am at 31% equity I use VTINX and AOK as my benchmarks. I am -2.01 YTD so slightly beating them. @wxman 123. I too have thought about just putting the whole thing in VWIAX. Have thought about it for years. …
@Derf. @ Crash. With the true intentions of both Powell and Putin unclear to us and perhaps to them, lots of dry powder seems very prudent. For those of us of a certain age it’s possible the last great buying opportunity of our lifetime might be…
Hi David,,,, you and I think the interest rate increases will be modest and historically I am sure they will be. This may be a leap of logic but I bet millions of investors will come unglued,,,, just like millions of “citizens” won’t get vaccinated…
@wxman123. I too would like to capture “decent yield”. I wonder if you think that the bond market has already priced in all of the rate increases the Fed is seeming committed to? I wonder how long the short term pain might last? One can only wond…
@sma3…. I agree that the duration of WWINX is all wrong for the near future. My current non equity holdings have a duration of about 1.5. Just short tips and bank loan funds. But if I let the equity allocation drive any one fund solution then dura…
Gentlemen: Thanks for the thoughtful replies. As far as using WB as a model that has to be a non starter for most seniors. A 90 % equity allocation ? Everyone has a different set of circumstances. As for us, our withdrawal rate is essentially zero…
Come on guys. Interest rates are historically low and are not the least bit connected to economic conditions.. Are the markets not way late for a revision to the mean even if interest rates remained flat? Do American investors think trees grow to…
Based on the fund’s history going back to its inception the “reconstitution” formula works well more often than not. SCHD has exceeded my expectations and leads its segment. The upcoming changes may be for the best as they have been most years. Ju…
Interesting fund is SFHYX but after so many years it’s assets under management are minuscule. Both Marketwatch and CNBC report AUM of 9.7 m. M* shows 278m. You would think more people would have discovered it. Perhaps the fees and turnover are t…
Thanks gentlemen. I did switch to STIP for the shorter duration. I am a buy and hold guy and comfortable with my 35% equity allocation . It’s the other 65% that is driving me crazy. I suspect this is going to be a tough year for “the other.” I am…
@Hank. Thanks for your thoughtful response. Much appreciated. Your thinking is much more sophisticated than my simple motivation. I just hate to be forced to sell low.
@Rono. Thank you for your clarity and speaking the truth. It’s real and it’s that bad and worse. If anyone thinks anything is more important to this country than regime change then they can only be part of the problem.
@FD1000. Thanks for your response. I don’t know how to share links but you might check out The Atlantic,,, July 12th. A Decidedly non emotional and not dramatic article “ Trump Might Not Want to Relinquish Power” by Graham Allison. All I will sa…
Thanks for your comments everyone . I
Beat the yahoo extortion by getting help from YEXT.. I think they work with yahoo. Apple eventually removed the link to my home. Perhaps because I have too much time I discovered that the same unlicensed rep…
FPACX is a ridiculously expensive place to hold cash. And perhaps an expensive place to hold everything else Mr. Romick invests in. That being said,Mr.Romick is a smart dude who is very risk adverse. I left him long ago but he is doing fine without…
Ted. Thanks for sharing this. It may be the important link you have ever posted in terms of true, long term significance. When the history of the last two years is written ( and I was a graduate student in America history) the big plot line will be …
Broadly speaking Bogleheads have trained themselves not to think very broadly about anything. It's a totally one size fits all philosophy and any deviation from the orthodoxy is frowned upon in the plainest language. My favorite BH hypocrisy is tha…
@DavidMoran. Hi David. I was not thinking about the market drop as fishy. I was speaking of the absurd one day rally. And I meant "something else." And no I am not some conspiracy nut. Yesterday just was too off to be just another day
@davidMoran. The link about moron on the beach in Mexico might be the story of the day. Where is the linkster when we need him? Anyone remember the Seinfeld episode when George does the exact opposite of what common sense would dictate? That is thi…
Big fan of Mr. Carlson. Not expecting him to use words like "massacred, slaughtered, panicked and shellshocked." Strong language from a very level headed writer. Even when he puts recent market results into context of the big picture which is total…
He is a nationalist. He told us so. Much of his support comes from the community of haters. These folks could care less about the GDP..Hell, the president gets all he needs to know from the state TV network. The modern repuglican party plan is based…
There are 3007 counties in the lower 48. I suppose that might come out to two sickly tired and hungry refugees per county If 6014 of them make here. My bet is the repuglican national committee organized and paid for the caravan because they have be…
@BennyB. It's a bummer to be sure but we knew we were approaching RMD time at peak market. And yet I feel so self centered muttering about paper loses in light of this mornings events. Funny how the guys rantings sound so much like that of the repug…
@Hank. 2019 will be my first RMD. Just retired end of quarter 3.. At this point in life it sure looks different than in the accumulation years. Oddly enough my October paper loses equal exactly the dollar amount I will need to withdraw in 2019. Whe…
