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.
How does your fraction relate to a "percentage draw down" from your overall portfolio?
Do you need less than, say 4%, of your portfolio annually?
Isn't 70 the upper claiming age for SS?
Have you run scenarios with Portfolio Visualizer? Great webs…
The Changing Characteristics of Labor:
...by all accounts robots and other forms of automation are set to explode in usage. What this means is that trillions more “hands” will enter the labor force. Better yet, these “hands” will work 24-hours a day…
Bloomberg Article on Demand and Price Inflation:
Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal f…
Tribute to Davis Swensen:
The Persistence and Predictability of Closed-EndFund Discounts - Burton G. Malkiel:
Unlike a regular (open-end) mutual fund, which sells new shares at net asset value (in some cases plus a sales charge) and also re…
I charted COTZX against a more "static" conservative allocation fund (FCONX) as well as a VWINX. COTZX seems to have done a great job recently Identifying the March 2020 buying opportunity. I wonder if the fund can manage its high allocation to bond…
@Old_Joe...be careful what you wish for regardless of your political leanings.
Understanding the concept of Debt Monetization:
In government, to print money in order to repay the national debt. For example, suppose a government is $1 trillion in de…
@catch22,
Their IRA discussion board is very helpful to pose a scenario/question that you would like answered
https://irahelp.com/forums/ira-discussion-forum
Interesting math of bitcoin's value:
Bitcoin is a solid proxy for the blockchain disruption. However, it’s not everything. Bitcoin is about half of the market cap of the industry – but possibly less than half of the future opportunity.
In previou…
Related thread I started back Nov 2020 when I sold my home. Yes, an agent is probably a necessity, but that doesn't mean you can't shop for the best value. It is a seller market and inventory is scarce...that should help you set the terms.
My agent…
Thanks @Mark, very informative article.
Here's the accompanying articles to the chart:
https://epi.org/productivity-pay-gap/
This chart says it all...the end of the American middle class wage.
Consider reading Daniel Amerman's commentary on taking SS early. It's pretty compelling. I know that my personal rate of inflation is about 5% annually which is just one reason why waiting makes less sense.
Gotta link?
A couple I found:
danielamerm…
@bee
>> a person who is waiting until age 70 will more than likely continue working.
?
sorry...
a person who is waiting until age 70 (to collect SS) will more than likely continue working (through their 60's).
...above chart illustrates th…
@davidmoran,
There are reasons why American above age 62 may not be able to work.
A lot of people can't afford to wait to sign up for Social Security. Consider that most Americans have not saved enough for retirement.
"The biggest challenge for mo…
@MikeM.
I couldn't agree more. Everything is uniquely situational, but a person who is waiting until age 70 (to collect SS) will more than likely continue working (through their 60's). That is why running your own numbers is so important.
Thanks @…
@Crash, Thanks, but actually I can't collect SS. Even with a SS record I am impacted by WEP:
https://ssa.gov/benefits/retirement/planner/wep.html
But for those thinking that waiting until 70 is some how the holy grail of SS strategies this seems a…
@hank,
I took this interview quite differently...maybe naively so. It didn't feel to me like a message of doom and gloom as you suggest.
I didn't see this as a discussion about threats, but more an understanding of systems and that creative destruc…
@hank,
I believe you are a holder of PRPFX...a worthy all weather portfolio... that is better explained here:
https://optimizedportfolio.com/permanent-portfolio/
Using PRPFX's components as a guide (YTD):
Comparing PRPFX against its components T…
@ hank,
I came across this review tool and I selected RPGAX to review. Finny is a subscription service but I have been able to review individual funds for free once a day. See if it opens for you.
https://askfinny.com/posts/mutf-rpgax-stock-review
Interview with Jeffery Gundlach:
Nov 2020
The Value of Investing Mistakes
Time Horizon
Concentrated Bets
Risk Management
Beta Trades are rare and requires raising funds for such situations
His outlook for the next 18 months ahead from Nov 2020:…
FSRPX and FSMEX paid capital gains 4/9/21. I did finally see it posted on Fidelity's website. I'll check out M* thanks @DaveSch...good stuff...that worked:
@msf said,
You don't want more money in the HSAs than you can withdraw tax-free (not enough medical expenses). Keep the faster growing assets in the genuine Roth IRAs.
An HSA can be inherited by a spouse...maybe the term is rolled into a spouse's …
Is there a website that allows one to enter a mutual fund to get capital gain information? I noticed two funds I own distributed CG recently (April 9, 2021).
Embedded in this link is an interesting take on gold and what the author refers to a the "natural interest rate":
What to Make of Gold’s Slide?
crossingwallstreet.com/archives/2021/04/cws-market-review-april-9-2021.html
The Natural Rate of Intere…
April 10th Episode:
Time in the market verses timing the market...
Time in the market is the best way to reduce risk and insure success for the average investor, not day trading.
Valuation of markets (stocks/bonds) matters. Earnings need to ke…
Whether gold mining or crypto-mining both will have push back from the green economy. Both are unfriendly to the environment.
https://medium.com/crypto-lucid/gold-is-now-a-green-bitcoin-d12c439cca0f
My response that @davidmoran article (above link) posted here:
https://mutualfundobserver.com/discuss/discussion/58025/q-a-bucket-strategies-in-retirement#latest
@davidmoran,
Author seems to dismiss the US market going forward...not sure that's fair. Do Italians invest in merely Italian stocks? That would be like US investors investing in one US state's stocks. The US market is global in it's footprint...no…
Here a chart that adjusts interest rates of the 10 yr treasury from core inflation. Even though both interest rates and inflation are at a very low level right now, I am under the impression that it is the rate of change (how quickly / slowly) that …
