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 view:
So far, the Fed has done a decent job in fighting the crisis. Massive liquidity injections as well as lending backstops fueled the confidence of markets. It seems that the strategy of acting aggressively was right. One reason fo…
I different Roche...Cullen Roche Interview:
The main advantage of centralized currencies
Why the risk of inflation is more likely to come from the Treasury than from the Federal Reserve
Why growth stocks typically perform better in a lo…
Its Winter down under and here's what may be in store for us in the US in 6 months:
Deep into the Southern Hemisphere winter, Australia’s second-most populous city Melbourne is experiencing a virus resurgence that dwarfs its first outbreak back in M…
Tom Atteberry is a Portfolio Manager of the flagship FPA New Income fund. Atteberry brings us up to speed on conditions in the bond market, and how they have changed since Covid-19.
Atteberry will also share his One Investment recommendation with u…
Thanks everyone. Very thoughtful responses that vary thoughtfully. Just like there are many ways up the mountain.
@hank...you were on a roll...keep it coming.
Thanks for the comments so far.
@Old_Skeet. Does"living below your means" imply you live in the basement of your in-laws? Mine were pretty mean too. We moved out as soon as we saved enough for a down payment on a house. Now the means are moving in…
I remember owning a 3 alarm fund back in the 90's... VWUSX...Fund Alarm was there to guide me away from this disaster and the rest was history.
I miss @Ted, @BobC, @Scott...and others. Keep focused on making this website the best mutual fund websi…
@msf, your link has BO 2009-2012 numbers:
2011 = P (17) , C(0)
2012 = P (5) , C(1)
I believe you may have quoted data from C & R (Remission), P&C for BO.
@Mark,
Seems to looks at both presidencies, but refernces Obama's 8 years:
https://www.investors.com/politics/editorials/think-obama-administration-wasnt-corrupt-think-again/
Referenced in article:
Book:
Secret Empires: How the American Political C…
Interesting trajectory map...select play to see how it has changed over time state by state:
https://projects.propublica.org/reopening-america/
CDC reports on Mortality Rate as of July 4, 2020 = Seasonal Baseline:
https://cdc.gov/coronavirus/2019-n…
@Mark, The Yugo has helped the Slavians with social distance since the car's debut.
"I would rather not ride in that...You go by yourself"
https://screencast.com/t/LADOUipz
Using Portfolio Visualizer I noticed that VTI had negative rolling averages in 1,3,5,& 10 time frames dating back to 1993. That might be a little too volatile for a retiree and could pose a sequence of return risk if one had to pull money from V…
Looks like by May 30th we were almost back to seasonal baseline...slight excess cases (which includes pneumonia, influenza and Covid-19).
CDC Dashboard for up to date data (you can make selections):
https://cdc.gov/nchs/nvss/vsrr/covid19/excess_d…
@zenbrew,
When using the PV website I like to open the "Benchmark" pull down option. Specify Ticker symbol and put in an extra mutual fund / ETF choice. This give you a fourth comparison when you run your historical query. Remember this is historica…
Playing with your choices.
If you create a (70/30) with VEDTX / PRWCX your results are almost identical to VEDTX / VTSMX (70/30)...actually slightly better results.
I noticed you can only get results back to 2008.
Using WHOSX as a replacement f…
@davidsnowball said:
A remarkable number of folks have asserted their “right” to undertake behaviors that threaten the health, livelihood, and (potentially) lives of others. There seems relatively little recollection that every assertion of “right” …
Thank for your comments @Junkster.
I was hoping THOPX would offer some safety in short term bondland. Its10% fall in March and subsequent lag these last few months have me thinking I may be the one drinking from the bowel with this fund? 70% of th…
Interesting Facts:
According to CDC data, 81% of deaths from COVID-19 in the United States are people over 65 years old, most with preexisting conditions. If you add in 55-64-year-olds that number jumps to 93%. For those below age 55, preexisting co…
The following episodes are all with David Rosenberg.
June 12th Episode:
June 19th Episode:
June 26th Episode:
From where I sit, there are things I do like even if I’m not a buyer of the Dow, S&P 500 or Nasdaq outright. I still like gro…
Not sure of the newness of this news, but:
The IRS was busy yesterday updating its economic impact payment information center with new answers to frequently asked questions. The new guidance clarified that incarcerated individuals do not qualify for…
With respect to the reverse mortgages, the line of credit actually grows over time regardless of the home's value. This seems quite different than the dynamics of a HELOC. Am I missing something?
Here is a more detailed explanation of the growth of…
@msf,
Thanks for the fix and the thorough evaluation of reverse mortgages.
You stated:
ISTM that if you're looking at this for use as a cash buffer - a line of credit for a temporary loan that you might never call upon - a HELOC with lower up front…
@Rbrt, A reverse mortgage is on my "things to do list" for my 62 birthday (earliest age). Instead of using it as a tenure payment I plan on letting the equity glide path value grow. Establishing an HECM is great way to hedge inflation risk and seque…
I'll add these RIGs:
Part-time work
Rental property
Sell your Crap (your wife will love you)
Spend time simplifying your bills (this is a Income enhancer through lower bills)
Remind your Kids to get a Job...and their own apartment!
A relatable article:
without intervention by the Federal Reserve, the United States in the coronavirus era would be looking at a Depression-level contraction.
Assuming the Fed bazooka keeps firing, however, a large portion of the investor class is …
A reader comments on corporate buybacks:
Lets be very clear - they were buying their shares at all-time highs in an effort to artificially support those ridiculously high prices and attempt to push them even higher. That benefits management compensa…
Quote from the article:
A primary function of the stock market is supposed to be the allocation of capital to help companies grow. Yet fewer and fewer companies seem to want the market’s help. In 1997, there were roughly 7,500 publicly traded compan…
