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.
Dividend-paying stocks are gaining new respect among investors, and they are proving to be a protective asset in times of market volatility. ClearBridge Investments’ Dividend Strategy Fund has been named one of “The Best Dividend Funds” for 2023 by …
Wonder if PRWCX will hold some or all of its equity positions in TCAF. This would allow PRWCX to merely tweak the income side of it's fund. Also, if PRWCX reopens, PRWCX could simply buy TCAF for the equity allocation.
I assume some fund manager ow…
I like the 'In-Kind" strategy:
You don’t need to distribute cash. There’s no need to sell an asset in order to make the RMD. You can take the RMD in property, known as an in-kind distribution. That keeps your asset allocation unchanged.
For most IR…
Let me get this straight, a Roth account that is transferred & receives a bonus isn't taxed, yet a taxable account that's transferred is taxed on the bonus ?!
That is my understanding. The bonus, regardless of the account type, is also not consi…
From @NumbersGal linked article:
Bruce Fund (BRUFX)
Inception date: 3/20/1968
Capital gain in 2022: 58.7%
This fund invests in domestic stocks and bonds, along with zero-coupon government bonds. It currently has about $505 million in assets, and its…
Leading Wall Street economist Nancy Lazar discusses the resilience of the U.S. economy, despite several canaries in the coal mine examples of financial strain. Lazar shares her insights on why the economy is holding up better than expected and what …
The fallout from the SVB (Silicon Valley Bank) collapse has finally put fear into the hearts of investors, and especially options traders, pushing up the VIX from the low 20s to a close of 26.14 on March 15, 2023. That took the VIX Index up above t…
So much for the $250,000 FDIC insurance. Everyone gets their money back.
We live in a world where profit is shared by the few (in private) and risks are shared by the many (in public). Another example of "disbursed costs (many taking on the risk) a…
First Eagle’s small-cap portfolio manager, Bill Hench, has a long track record of beating the market and the competition by discovering hidden gems among small-cap stocks with short-term problems.
Ed Slott has a very helpful discussion forum for all kinds of "taxy"... "IRSy"..."investy" things:
If you would like to post a question/answer you need to log in.
https://irahelp.com/forums/ira-discussion-forum
Interestingly, the Cares Act and the Secure Act 2.0 have withdrawal provisions that were and are worth keeping in mind. With the Cares Act we borrowed and returned retirement money over the three year reporting window.
I believe with the Secure Act…
I believe there are other IRA penalty free withdrawal provisions worth considering before considering a 72T withdrawal.
You can withdraw funds from your 457(b) plan penalty-free at any age once you leave your employer or retire. You won't owe an ear…
This week’s guest has experienced multiple economic and market cycles during his more than 50 years of managing money and thinks the current one is particularly perilous for investors. In an exclusive WEALTHTRACK appearance, he felt it was important…
Legendary Fed Chairman Paul Volcker was highly critical of the Fed’s policy of targeting 2% inflation, saying he saw “no theoretical justification” for it and that if successful, it “would mean the price level doubles in little more than a generatio…
Congress passed a massive year-end spending bill that included enhancements to retirement savings known as the SECURE Act 2.0. These changes build on the SECURE Act of 2019 and address issues that were not part of the original act, with the ultimate…
also,
Pacer has a herd of other Bovine ETFs...Emerging Market (ECOW), International (ICOW), Fund of Funds (HERD), Global (GCOW), US Large Cap (Bull), Small Cap (CALF)
Very Interesting...thanks @MikeW.
From @msf quoted,
"hold an annuity in an IRA"
Teachers have had this dreadful option for years...
Variable Annuities (products) wrapped in a 403b.
Wonder if these VAs will get the same RMD treatment (relief) as QLACs?
Some teachers contribute t…
Jan 28 Episode
McLennan will examine the risks of monetary and fiscal tightening amidst high debt levels in the U.S. and discuss the types of companies that can succeed despite these challenges.
Jan 20, 2023 Episode
As we move into 2023, the best advice for investors remains the same – “Don’t fight the Fed.” The Federal Reserve is being clear about its intentions to continue raising short-term interest rates and tapering its bond purchase…
Saw this today:
Congress just approved 401(k) and IRA changes
secure-act-2-0-retirement-changes-401k-roth-ira/
Non-paywall article:
congress-just-approved-401-k
Maybe January 2023 will provide better entry point.
Seems there may be quite a bit of tax harvesting happening this month as 2022 comes to a disappointing end.
Unfortunately, PRNHX is closed to new investors unless you are a "summit" investor.
https://www.troweprice.com/personal-investing/tools/fund-research/PRNHX
May it re-opens much like POAGX has.
I have own this fund Long term... off nearly 20% YTD... 10% of my portfolio.
So here the deal. Buy into this fund a little at a time and monitor its performance. It has under performed for the last 5 years so pay close attention. If its performance…
Dec 3rd
Repeat of old shows. Another feature of Wealthtrack is Webextra. Some of these short investment points may be of interest.
Linked here:
https://wealthtrack.com/category/webextra/page/3/
Nov 25th This week’s guest has long been an avowed enemy of inflation and an outspoken critic of the Fed’s inflation-boosting policies. How is he feeling now? Grant will discuss the Fed’s about-face on inflation, the battle it faces to bring it unde…
Nov 12th Episode
As the markets fluctuate around us, how much should investors change?
This week’s guest has his own historical perspective on that question because he has lived through a momentous evolution in the markets. He is Charles Ellis, who…
Don't forget to re-invest the 4.48% dividend each month.
4.4 share of McDonald's purchased at its IPO (1965):
if-you-had-invested-100-in-mcdonalds-ipo-heres-how
The math isn't as simple as taking the stock's return since the IPO date. First, we ha…
October 28th show
We have a new guest on WEALTHTRACK with a long and distinguished track record of investing in high-quality, dividend-paying stocks. She is Clare Hart, who Morningstar calls “one of the industry’s most impressive managers.”
Hart h…
BAC - 24% YTD
APPL - 19% YTD
BRK - 12& YTD
Does diversification work ? Looks like over YTD it does.
Have a good day, Derf
Also remember how BRK acquired shares of BAC
bank-america-become-one-warren
Buffett…
10/22 Episode:
Clements will give us his perspective on the much-changed financial climate we find ourselves in and offer portfolio and financial planning adjustments for rising interest rates and inflation.
The story mentions Verizon in the value camp as one that has done poorly. It's getting clobbered again today, and now has an eye-popping 7% dividend yield. Either it is insanely cheap or that dividend will soon be cut. I'm going with cheap: https://…
PV does a nice job of Max DD and recovery:
Here the S&P 500 since 1985...select "drawdown" tab to see this information.
S&P 500 Since 1985
Should look like this:
Oct 8 Episode
It’s been a rough year for the markets and Capital Appreciation, although it’s down less than the market and its category. In this weekend’s episode, Giroux will give us his view of the state of the market, its risks, and potential rew…
@Rbrt,
Keep things simple.
- Do Roth conversions up to the 12% tax bracket. No brainer.
- Consider converting to Roth any long term holding that has temporarily lost 20% or more… the loss will eventually pay for the tax hit.
- look at your RMDs…
@BenWP,
RMD are taken for tax purposes. The government wants to collect deferred taxes on the deferred arrangement of certain retirement accounts. Our budget should budget for these tax payments. Starting SWR prior to RMD may actually help lower RM…
