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.
@WABAC said,
I have also seen activity attributed to sports bettors with no place to go.
Another reference:
Robinhood added more than three million funded accounts in the first four months of 2020, and half of customers who opened accounts this yea…
Other EV News:
Move over, Tesla Inc., another environmentally friendly vehicle maker is stealing your sunshine. Shares of Nikola Corp. leapt as much as 71% to a record in its third day of trading on the Nasdaq after a reverse merger with VectoIQ Acq…
Thought this might fits your thread @Junkster...thanks for your posting:
https://thechartreport.com/5-things-about-marty-zweig/
(Zweig’s interview begins at about 6½ minutes into the clip below and has to be one of the most timely market calls in …
To me, this is one of the main reasons managed allocation funds like PRWCX interest me. Index funds ride the market up, but also ride the market DOWN...always fully invested. At best, Balance index funds can rebalance, but rarely are they opportunis…
I just starting to read this article and thought it fit this thread:
...had it not been for the spectacular intervention carried out by the US Federal Reserve, the Bank of England and the European Central Bank, we would now be facing not only the ra…
The other piece of the retirement puzzle...Social Security:
The Social Security Administration states that its retirement benefits are designed to replace only about 40% of the average worker's wages.
https://ssa.gov/planners/retire/
and,
https://ss…
Keep your eye on Blackrock:
The Federal Reserve began its historic purchases of corporate bonds exchange-traded funds, almost half of the Fed’s purchases went into BlackRock funds, according to ETFGI, an ETF research and consulting firm.
The five l…
@rforno...interesting interview from 1994 with the editor of this magazine you posted. We blame Trump for a lot of this, but America's frustration with government comes from a long history of inequality and poor management.
CSPAN Interview:
reinven…
@MikeM
...you can put together a portfolio of decent companies trading at about one times book value and seven times trailing earnings, with a trailing dividend yield of over 6%. That’s pricing in a really bad outcome, which is comforting. If you th…
A T. Rowe Price Read:
An Overview of Market Resilience
On average, each of the 11 recessions since the end of World War II has lasted almost 22 months, and market recovery times have ranged from two months to a little over five-and-a-half years
Char…
Bad healthcare can be more dangerous than the virus. Very sad.
Years of neglect have hobbled many Mexican hospitals. Now, as the pandemic strikes, some patients are dying from neglect or from mistakes that are easily prevented, doctors and nurses sa…
Costco Citi Visa card offers 2% on Costco purchases...4% on gas... 3% on restaurants and travel costs...1% on other purchases. That card is also my Business Executive Costco membership card which charges $120, allows two cardholders and also returns…
You can’t fake, manipulate or fudge a dividend payment by hiring a talented CPA.
Ask any fund manager about "return of capital" as a dividend and you'll see manipulation/fudging is exactly what can be done.
Fidelity attempts to explain this non-div…
My all equity dividend paying funds that are found in the growth and income area of my portfolio follow. They are for my domestic equity sleeve: FDSAX with a yield of 3.95% ... IDIVX with a yield of 3.96% ... INUTX with a yield of 3.41% ... and, SV…
This NYT article seem to side on the less optimistic side of recovery.
“There’s going to be a very slow and gradual process of reopening and restoring employment beyond just a declaration from the statehouse or the county seat.”
economy/coronavirus-…
Best perk I received involved transfer bonus to TD Ameritrade and Merrill Edge...both range in amount depending on amount transferred.
TD:
https://td.com/us/en/investing/td-ameritrade/
Merrill Edge and others:
https://brokerage-review.com/article/…
bengen actually higher
Maybe not... from your first link:
1994 was about the last year we had “average” stock market valuations (according to the Shiller CAPE), except for a few months in the spring of 2009. Thus, for the last twenty-plus years, ne…
Another read on the topic:
Wade Pfau (thought leader) was cited in the article, his work leads him to think that a 2.29% withdrawal rate is the new 4% and David Blanchett from Morningstar chips in with a 3% opinion. The actual 4% rule says you start…
This NYT article seemed to fit well here:
A decade ago, the Federal Reserve was instrumental in keeping the banking system from going bust. This time around, the Fed’s actions are far more sweeping, and it has essentially propped up entire financial…
@sma3,
Help me out here. I have a close friend who was laid off at St Francis Hospital in Hartford, CT. She is basically a hourly worker, but her impression was that the hospital has been "as quiet as a church mouse" and that the hospital could not …
Obviously contributors so far have prefer not to read the links provided.
@LewisBraham, @Baseball_Fan seem to have spent too much time listen to squawk-box etc. and I get their reaction to the thread's heading and their unsubstantial comments.
Th…
Interesting Visual of how masking impacts a virus spread (move slide to increase/decrease mask use):
Interactive Agent-Based Model Visualization for COVID-19 Masking
I am a terrible stock picker. That's why I let mutual fund managers make those decisions for me. I am a disciplined saver. I put money in the hands of fund managers who have a track record of success and then I watch them very closely as stewards of…
@JohnN recently started this thread that seems worth including here:
https://mutualfundobserver.com/discuss/discussion/56127/low-risk-vanguard-retirement-portfolio#latest
@hank said,
My only suggestion would be that in the overall picture I think it more prudent to look at what a more diversified portfolio (focusing more on underlying assets) might generate long term than to focus on one or a handful of funds.
When …
FWIW: It seems to me that RMD's have a somewhat inflation provider built in as they rise each year with the only a falling market causing your portfolio to be less than the year before. So that leaves taxable as how much to withdraw if needed.
Stay …
Bee,
If you are still checking in - this interview from Morningstar is interesting: https://www.morningstar.com/podcasts/the-long-view/54
Thanks for the link:
One of my favorites is actually Bill Bengen defined it and he's the one who created the …
I've always been a proponent of defense investing as a long-term allocation in my accounts. Have held several individual stocks over the years and also own FSDAX.
The top really has blown off of this sector. Seems like a good opportunity to build …
PRWCX's manager David Giroux chimes in on GE:
What about some nonutility stocks?
We are bullish on General Electric [GE].
GE is a controversial name lately.
We didn’t own it until recently. I’ve known [new CEO] Larry Culp for about 19 years, fro…
