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@msf said,
"- Inherited Roth IRAs have RMDs."
There is no Require Minimum Distribution for Inheirted IRAs, but instead, a Required Full Withdrawal following the 5 or 10 year rule. One could wait 10 years before making that one full required withdra…
As I understand the IRS instructions, you have to use the total amount of all your IRAs to calculate the RMD.
Do not calculate in your Roth IRAs, but do include your Roth 401Ks as part of your RMD (though that portion would be tax free). Once the Ro…
@Anna, Where is IBM I wonder (article below asked this question 10 years ago...Article date is 2011)?
where-the-heck-is-ibm
They are somewhere still:
ibm-will-reskill-30-million-people-by-2030-for-future-technology-jobs/
Sept 30th 2021 ibm-kynd…
Own what you use...or in this case, what others will use.
@msf mentioned (to relate this back to mutual funds)
does not (yet?) include the impact of covering Aduhelm
A good "healthcare-centric" fund will help you fund your healthcare costs:
https…
@hank
Interesting commentary. Ed seems of the opinion we’re facing hyper-inflation.
Interesting development with the price of oil...I thought we were awash in oil and NG in this country?
Humor me...we all have a tax or a fee that is a pet peeve...The Bottle Bill
Maybe not a tax, but a fee in 10 states (The Bottle Bill) on containers.
When time comes to return these containers, the redemption experience is as close to purgatory as…
Maybe not the most eloquent link on taxes, but I believe it was @stillers who mentioned that he pays nothing in taxes...
@stillers mentioned:
haven't paid a dime in taxes since 2012, and may not pay them for 5-10 more years.
A more accurate list o…
Thanks @msf...great stuff.
FSRRX, which has been in existence since 2005 and was tested very early in it's short life when in June of 2008 it slide nearly 32%. Comparing FSRRX to PRRRX, the Pimco Real Return fund provides a smoother ride. PRRRX al…
What are the causes of Inflation?
There are two main causes of inflation: Demand-pull and cost-push. Both are responsible for a general rise in prices in an economy. But they work differently. Demand-pull conditions occur when demand from consumers…
My apologize, but are you trying to create a catastrophe or avoid one with FSRRX?
Here are FSRRX stats (source Portfolio Visualizer):
FSRRX has had no clear advantage over a conservatively allocated fund similar to VWINX.
It's almost 32% draw d…
@LewisBraham
Your last entry reminds me of Ray Dalio's presentation on "How the Economic Machine Works". I recall one quote form his presentation that goes something like:
"One man's debt (liability) is another man's income (asset)"
Debt creates …
Here's the concept of "Exporting" US Inflation:
Exporting Inflation to China:
You might not think that China would want to help the U.S. export its inflation but that is exactly what is happening. Why? China has been the largest exporter of goods i…
Another look:
Inflation
The purchasing power of nominal wealth is inversely related to the price level. That is, a higher price level means one’s money buys fewer goods and services. Inflation refers to the rate of change in the price level over ti…
Comparing Portfolios such as the Golden Butterfly to others, especially during the SWR (Safe Withdrawal Rate) period of life:
(note: this is discussed as if you were a UK investor)
drawdown-strategy
Sept 25th Episode:
Risk and opportunity go hand in hand. Risk is more important than opportunity because you can often manage risk while opportunity merely presents itself to be considered.
Thought this read fit this thread:
Learn how we use a defensive investment approach to limit losses and volatility in your portfolio. From Fideilty.
investing-ideas/defensive-portfolio-investing
T Rowe Price:
news-release-details/t-rowe-price-receives-approval-active-exchange-traded-funds
Own it all with TROW...though it is right now 6.12 price to book.
https://morningstar.com/stocks/xnas/trow/quote
VWINX has done well since the 1970's because rates have fallen.
I often include VWINX
Rate climbed throughout they late 70’s…early 80’s…
I would add PRPFX to the conversation.
