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.
Another laugh...who will get prosecuted for COVID Relief Fraud?
Maybe a few:
long-island-physician-sentenced-to-51-months-in-prison-for-covid-19-loan-fraud
justice-dept-names-prosecutor-pandemic-fraud
Deep Capture is an interesting read:
The crimes are the work of Wall Street hedge fund managers and brokers who engage in a common trading strategy known as short-selling. A short sale is a way of making money when the price of a stock goes down. Yo…
Whether carousel or roulette wheel, time is finite for all of us.
Where we land when our time runs out puts unique risk on our net worth as individual investors. I try to do a mental exercise where I knock 30-50% off of my Equity/Bond investments …
The Anatomy of a Recession (AOR) program is designed to help you stay on top of the business cycle and provide thoughtful insights through our exclusive risk and recovery dashboards. Updated monthly, AOR offers a concise, practical look at what the …
@davidmoron
I know little of Hillsdale College but what I can tell you about my college experience is it was a special place where ideologies could co-exist and clash…I recall General Westmoreland debated with an audience of antiwar protesters and V…
wxman123 said,
I'd probably dump everything in VWIAX and let it ride. You could do a lot worse!
3 possible Benchmarks:
VWIAX (VWINX) - Conservative Allocation
TRAIX (PRWCX) - Moderate Allocation
PRBLX - Large Cap All Equity
USAA sold its brokerage business to Schwab
I was to recieve nothing as a USAA member for the transfer of my assets to Schwab so I took my assets to TD Ameritrade and received a transfer bonus of $1500.
Funny, now that TD and Schwab are merging...i…
14th in the ranking? USAA? Really?
USAA out sources...
Victory Capital supports USAA members with USAA Mutual Funds
https://investor.vcm.com/member
USAA sells out...
Also, USAA brokerage accounts were sold to Schwab for a handsome profit.
($1.…
Ed Yardeni mentioned Exoskeleton Technology...very cool!
exoskeleton-and-exosuits-in-the-workplace
eksobionics
top-10-companies-in-exoskeletons-market
A fund like FSMEX may be exposed to this type of Technological Innovation.
@LewisBraham said,Actually, Morningstar categorizes GQG as Large Growth. Your large red arrow should be pointing at the "Category" menu to the left. The "Investment Style" box is usually considered a temporary phenomenon
Isn't that what chickens do.…
@hank,
Also, as prices increase, the product / service (size, quality, features,etc.) often stealthily devolve.
Here's a few:
- Food Products - Ice cream, OJ, Milk and most other groceries - have devolved in size while rising in price
- Manufact…
Breath of fresh air…
“Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.” – Peter Lynch
https://crossingwallstreet.com/archives/2022/02/cws-market-revie…
I charted three approaches:
100% VWINX (larryB Portfolio)
90% / 10% VFINX / VFSTX (Bufffet Portfolio)
100% PRWCX (Moderate Allocation Fund)
If we are at high valuations VWINX would provide the best downside protection, but over the long term not th…
@hank said:
I think your thinking in terms of late life portfolio positioning
@WarrenBuffet said:
“My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fun…
Like history, "past performance doesn't repeat itself, but it rhymes."
PV, linked in it's letters, helps investors view the history (in some cases the last 37 years of investing history) of not only mutual funds, but stocks/ETFs (entered as tickers…
Take a look at:
VGWLX
https://morningstar.com/funds/xnas/vgwlx/quote
RPGAX
https://morningstar.com/funds/xnas/rpgax/portfolio
MALOX
https://morningstar.com/funds/xnas/malox/portfolio
@Derf,
I have three puddles of retirement income: Roth IRA, T-IRA and HSA. I have pension, but no Social security.
Until 65 I will be contributing to my HSA and managing my income to maximize my ACA (Affordable Care Act) premiums.
From 65 to 72…
Christine Benz's withdrawal suggestion (3%, rather than 4%)...3.3% to be precise... has a lot to do with future expectation of portfolio returns during the next 30 years. To me it really has more to do with future expectation over the next five year…
@msf said,
A similar fund (the only similar fund I'm aware of) is VTMFX. Cheaper and has outperformed in almost all calendar years. But, one needs a Vanguard account to invest in it.
USBLX would be similar to VTMFX...long term VTMFX has out performe…
