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 for all your informative replies.
I have been mailing my state tax returns by USPS First Class Mail for the past 50 or 60 years without any problems. I go to my local Post Office and the clerk gives me a receipt that shows the city and Zip C…
Well said, Andy.
What stood out for me as a retired and conservative investor in the above Portfolio Visualizer results were the significant differences in Standard Deviation (6.9% vs. 12.2%), and Maximum Drawdown (-4.6% vs. -13.6%).
Investors wi…
Using Chinfist's above three fund suggestions, I decided to use Portfolio Visualizer to compare 1/3rd multi-asset fund (AQRNX)), 1/3rd style premia alternative fund (QSPNX), and 1/3rd long-short fund (QLENX) with QDSNX for the available period of Ju…
Well, Dutch, that sounds simple enough. But, can you give me an example of how you would replicate BLNDX's other half "in the actual alternative strategy"?
Thanks,
Fred
Thanks, Mike, appreciate your comments.
Besides QDSNX, both JHQAX and BLNDX are on my watch list . I feel fairly comfortable with JHQAX's 10 year performance record and investment approach. Still working on the other two funds. Wish there was more …
Balu said: " So, I appreciate others cross checking the information I post."
I followed your advice and checked Portfolio Visualizer's March 2023 return for QDSNX and, as I posted above, it shows a loss of 3.7%, not 6%. I assume PV is a reliable s…
Balu said: "I only know PVCMX and for the year 2023, PVCMX did much better than QDSNX which lost 6% during the March 2023 SVB tantrum ..."
Sorry, but just for the record I checked Portfolio Visualizer, and I see that in March 2023 QDSNX lost 3.7%,…
I like and own WBALX for the more conservative part of the portfolio. 50/50 and quite conservative. Small 230K AUM. When the s--t hits the fan this should lose less. In retirement I hold the mantra, "Do not lose it " in high esteem.
As a retired a…
Here are two multi/alternative strategy funds, with excellent risk/reward records, that a conservative retiree might also consider and that are available NTF at Fidelity:
- AQR Diversifying Strategies N (QDSNX) has a 3-year total return of 10.9% an…
There are other conservative funds that hold cash when things are so pricy and then can jump back in like MRFOX . It cam up on another thread and I dug into it and was impressed enough to buy some.
Unfortunately, MRFOX cannot be traded at Fidelity.…
Fwiw. I've started a position in PHEFX. We'll see how it goes
Best regards
Baseball fan
I am still sticking with JPMorgan Hedged Equity A JHQAX, a fund that has a consistent and excellent 10 year risk/reward history.
Good luck.
Fred
dividends are 99.9% tax exempt in my state
@Fred495, if I am correct, treasury bonds/ ETFs are federal tax-exempt, not state exempt. TFLO invests in floating rate treasury similar to that of USFR, WisdomTree treasury floating rate ETF.
Sven,…
Besides CDs at major national banks, I still keep most of my cash in TFLO (iShares Treasury Floating rate Bond ETF) which currently has a 30 Day SEC Yield of 5.40%. The dividends are 99.9% tax exempt in my state. So far, so good.
“ You have heard the saying, "Buy low, sell high," correct?”
So, my thinking goes, “why not wait a little longer…rest in the mmkt sweet spot with 5%+ for a while. The 3,6,12-month t-bills ain’t bad either.”
Well said, Level5.
Especially since, "…
When I advise my thirty something daughter I have to repeat to myself that for her it’s time in the market. For me it’s how much time is left.
Well said, larryB
I am now in.
My approximation for the closed PRWCX is a mix of TCAF + PYLD + USFR. Don't try backtesting as there is no history. But you must, use suitable mutual fund replacements that have existed for longer.
If you care to share, how would you…
Thank you very much for the information. Much appreciated, yogi.
However, I noticed that the Illinois tax publication you referenced states that:
"The following types of income are exempt from Illinois Income Tax:
Interest on U.S. Treasury bonds,…
After all, JHEQX has quarterly index-option rolls (options are NOT on individual stock holdings). Fund is huge at $16+ billion (AUM peak was in 2021; [...] See this brochure for explanation of index-options overlay to achieve 60-40 effect from all s…
Just bought two 12-months CDs from two large national banks with a quite satisfactory yield of 5.30%. I am not concerned about eking out a few extra basis points here or there in the future.
If I were to add a bond fund to my portfolio at this time…
Here is something I learned when I bought a six figure CD last year from First Republic Bank, a seemingly well regarded institution.
As you may know, FRB went bankrupt in the spring but, luckily, it was quickly taken over by JP Morgan Chase. My ac…
Wanna hedge? Take a look at CCOR which is off 11% YTD.
Why take a look at a loser? What's your point?
Instead, check out JHQAX, for example, which has gained 15.3% YTD, and on top of it has a lower standard deviation than CCOR. JHQAX also has an…
I've noticed JHQAX (several others mentioned it) a while ago.
This fund seems to offer appealing risk/reward characteristics and it's less expensive than many "alt" funds.
And, JHQAX has successfully proven its mettle over the past 9 years by "pro…
HEQT might be worth a look for the nervous. Takes equities and adds put-spread collars to reduce volatility. Has done quite well so far this year -- lags SPY, of course, but still, not bad. Like to see how it performs in a really nasty bea…
dtconroe said: "I want to note that FD has run some of the most popular threads, on several different forums over the years. He developed a large following from bond oef investors, with his monthly threads on Bond OEFs. He offered some detailed char…
What someone posts is either demonstrably logical or it is not. Attacking someone is not logical; it is emotional and simply leads to acrimony. I don't have to LIKE someone to listen to their argument and evaluate it on its merits. It is also not…
As a retired and conservative investor, and as long as the Fed keeps raising interest rates, I am staying in risk-free MM's and CD's. In the future, I might be looking at bond OEF's like CBLDX, RCTIX and TSIIX, for example.
But, in the meantime, I …
As a retired and conservative investor, and as long as the Fed keeps raising interest rates, I am staying in risk-free MM's and CD's. In the future, I might be looking at bond OEF's like CBLDX, RCTIX and TSIIX, for example.
But, in the meantime, I …
Who is , by a wide margin, the leader of the GOP? And what unites his followers?
I am repeating myself, but what is the Democratic Party offering its former supporters to entice them to return its fold, to have a reason to turn away from "the le…
@dt. Both sides are not fine. One party is so far from decency and democratic norms that ALL patriots need to make sure they lose every election until they return to something resembling what this country stands for. No dt. We don’t need more “bo…
Apparently, Trump is being consulted on the debt talks.
Speaker McCarthy said on Thursday that he spoke with Trump about the debt ceiling negotiations as time runs out for an agreement to avoid a government default.
After all, who knows more abou…
@David. +1. Since we know the current make up of the GOP doesn’t really care about the deficit,,, anyone care to discuss what the true motivation might be for holding the world economy hostage?
Since a significant part of the GOP, including Mc…
dtconroe said:
Hi Fred, I am not sure what kind of portfolio you have. I have both a traditional taxable account, along with an IRA account. I am keeping my Brokerage IRA portion in MMs and CDs, but I am transferring "part" of my traditional brok…
@fred495...question if you are comfortable answering...how much of a change meaning your 100% Treasury MMKT and FDIC CD portfolio from your past portfolio...were you very heavy in those investments prior and if so what % of your portfolio?
FWIW...I…
At this time, and for lack of any better alternatives that meet my comfort level, I am keeping 100% of my portfolio in a Treasury Only MM fund and in FDIC insured CDs issued by the largest national banks until the proverbial dust settles.
Good luc…
I know this is water under the bridge, but I am curious if anybody knows why Biden, Schumer and Pelosi didn't get together at the end of last year and raise the debt ceiling when they still controlled the House?
Especially, in early November, afte…
