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.
If you have room in your income tax bracket to add income to that bracket (the 12% federal income tax bracket is my threshold) consider doing Roth conversions with some of your deferred IRAs.
A dropped of 12% (we have already experience this from …
Interesting Chart on News and Biasness (is that a word?):
Over 90 individual slides...news outlets (down arrow the slide option).
https://adfontesmedia.com/interactive-media-bias-chart/?v=402f03a963ba
@davidmoran, here's the entire presentation which I am digesting slowly...lots of great data:
https://am.jpmorgan.com/us/en/asset-management/gim/adv/insights/guide-to-the-markets/viewer
A read I came across:
Fed's Kashkari paints gloomy view of coronavirus economic recovery
feds-kashkari-paints-gloomy-view-of-coronavirus-economic-recovery?
The entire investing world has been telling us to invest in short term bonds since the great recession. It pains me greatly to see how short term bonds have performed against long term bonds.
@VintageFreak...Actually not true...at least one person h…
Seems this debt (QE) would be categorized as long term debt yet is being directed at short term debt issues (unemployment, relief stimulus).
Ray Dalio does a great job at explaining the long and short term debt cycles and there effects on the econ…
...we still see room for U.S. rates to drop further if stabilization takes longer than our baseline outlook. We see U.S. agency mortgage-backed securities (MBS) and U.S. Treasury Inflation-Protected Securities (TIPS) as attractive high quality asset…
@DavidMoran
Nothing personal. I am just not as impressed as you with the flattening of the world.
This flattening has caused dislocations. A working wage is not a living wage neither here nor overseas.
I am seeing dislocation of resources and w…
I don't share your sense of mediocrity. Acquired elsewhere...Assembled here is not made in the USA. Your "modern sense of the word" and "of course parts are sourced globally" are two points you accept.
This event is the very definition of disrupti…
Query further...confused? I won't judge that.
Assembled in the US is very different than made in America. PR will make this seem like such a great US manufacturing accomplishment. Bullsh*t!
100 days....many hot spots will have peaked while they …
@davidmoran
How about we start with the company's website:
https://ge.com/reports/teaming-up-ge-healthcare-and-ford-partner-to-quickly-manufacture-ventilators-for-covid-19-patients/
And,
https://media.ford.com/content/fordmedia/fna/us/en/news/2020…
@MikeM GE and Ford will have a joint effort ventilator available in 100 days. Probably not even made in the US.
At best we will have assembly lines that put these together. The US has very few manufacturing facilities anywhere on US soil. No act o…
Does any of this surprise any of you?
This has been going on at least 50 years. We have a list of essential services, but what about a list of essential manufacturing, essential resources and essential roles each of us should have already been t…
Not much talk about tax loss harvesting, but I did just that last week by selling PTIMX.
I'll now look at BMBSX as a replacement during the 30 day wash period.
Investors who manage taxable investments should have a list of similar funds for just …
I utilize an excel spreadsheet to coordinate my overall portfolio. On a monthly basis I update the shares count by visiting my individual accounts. On a daily basis (or less often) I use YahooFinance to create a comprehensive portfolio of all of my …
Everyone needs an emergency fund...invested conservatively...to cover basic expenses for rent, food, and insurances. The question is how many months or years should you prepare for?
“If you lose your job or are recently retired, you do not want to h…
This excerpt seemed worth noting:
My back-of-the-envelope calculation shows that a 60/40 stock/bond portfolio in mid-February has now become a 51/49 portfolio, entirely on the basis of market action. This is very large drift in a very short time. Gi…
Your health is more important than a pay check right now. Closures are required to achieve suppression of the virus. Governments should play a role by enforcing and promoting social distancing and isolation (of confirmed cases) while at the same tim…
March Sadness:
https://wealthtrack.com/wp-content/uploads/2020/03/March-Sadness-Continuing.pdf
Tipping Point for the Global Economy:
https://westernsouthern.com/fortwashington/insights/tipping-point-for-the-global-economy
@WABAC
The Fine Print
Although these funds are closed to new investors, if you are an existing investor, you can often still make additional investments and give fund shares to friends and family. Whoever you give a fund share to then becomes an…
In fairness, this fund has under performed MAPIX for most of its existence (2011).
Here's that chart:
https://screencast.com/t/5rmnxOrz2
The fund has two new managers (less than 3 years). Here's the more promising three year chart.
https://scre…
Using @David_Snowball time frame (2/19 - today) I don't see how M* missed MCSMX:
Chart comparison to oversea list with MCSMX added:
https://screencast.com/t/nU2dzaPP
Third and fourth on the list of countries impacted by the virus are Italy and Iran. I find the maps interesting from the standpoint of transmission. Any insight as to why these two countries have such high numbers?
FMIJX has only been around since 2011, but it seems to offer a less bumpy ride on the international roads than OAKIX
Comparison (FMIJX is Blue)
https://screencast.com/t/aH8SN5eam
@mikes425 without knowing your income needs its hard to give accurate advice, but with such a sizeable PF value would you be comfortable with a PF that mimics a conservative allocation?
Looking back over the last 25 years, merely owning a conserva…
