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.
Step one is to rollover the 403b into a rollover IRA. At tax time, consider converting tax deferred IRA to Roth. IMHO, the tax hit on Roth conversions can be minimized by being sure that the conversion along with your other taxable income falls with…
@msf I am actually still trying accumulate SS credit (part time) so maybe there will be a small SS benefit when I turn 70. On my to do list for 2020...sit down with SS and crunch some numbers regarding my potential SS benefit and this WEP provision.…
Here is a performance chart comparison (see link below) of FDYZX which include other funds that were around in 1968...such as LEXCX, VWINX, VWELX.
LEXCX would have been a better all stock fund choice. I find that a mutual fund needs a consistent h…
An alternative view:
An important aspect of this conversation is that, while REITs provide a higher level of income than most other stocks, income from investments is not, in itself, a useful goal. Rather, it’s total return that matters, because cap…
My deepest condolences to Ted and his family, one of which is all of us...his cyber mutual fund family.
Whether it was a happy face emoji or a link to a video depicting a cauldron of hot oil...Ted always let you know how he felt.
I learned a lot…
Here's a June 2016 study I quickly fund this morning:
Rising Interest Rates: Impact on Fixed Income
Though this study seems to promote the author's brand funds (Vantage Point Funds) it also provides a good overview of how different Income Assets hi…
Interesting father-son story. The Bruce fund, BRUFX. The father left the very successful Mathers Fund to open his own fund with his son.
https://forbes.com/forbes/2011/0627/money-guide-11-funds-bruce-fund-heebner-cgm-invest.html
Interesting day yesterday...here were a few "ups" I own..continued weakness ahead?
Note: as per @hank and @msf comments...I updated my "ups"
https://www.screencast.com/t/lWGxRbjj
10 year performance of FSUTX verses VFINX...impressive and steady for a sector fund!
https://screencast.com/t/cbgef8RiE
Here's VGENX added to the a ten year chart:
https://screencast.com/t/RBpNIvxkFF6
Interesting graphic displaying companies by revenue in 2019...Energy companies look good...also, Walmart's revenue was twice what Amazon has done so far in 2019 ($514B vs $233B)
https://screencast.com/t/ez3tesnf8T6
Article:
https://howmuch.net/arti…
Thanks @Ted
Russo discussed the value of investing in family owned businesses
US List:
businessinsurance.org/the-10-biggest-family-businesses-in-the-u-s/
International List:
https://businessinsider.com/the-worlds-21-biggest-family-owned-businesse…
@rforno, if you are presently 90 % invested in equities and your equities tank, how will you buy equities "hand over fist"? One needs cash or non-equity correlated assets to exchange into equities when they fall in price.
Over the last couple of ye…
PRWCX has been a buyer of GE as of late and David Giroux commented that he wouldn't be surprised if it was his best performing holding over the next few years. I'd like to hear his take on these accusations.
Mentioned here:
https://mutualfundobser…
@mcmarasco
After some searching I found this article written by Bruce Miller that sheds a little light on using open ended mutual funds to fund retirement withdrawals.
Back testing isn't full proof, but it helps shape the discussion in this arti…
Today I inquired with Schwab on matching Merrill Edge's offer $1,000 bonus for rolling over assets.@msf They are not presently extending that match.
Is anyone familiar with Merrill Edge's platform, fee structure, customer service, customer experie…
@Derf, I shared my concerns with an IRA specialist at USAA. He was very attentive, but he had little else to share other than Schwab aligns with USAA's mission of quality service at a fair price. Presumably the $1.8B is going into improving the serv…
hmm...so USAA nets $1.8B to hand me and 1 million other members over to Schwab. We collectively hold $90B in assets. Can't we just move (roll over) our assets ourselves to Charles Schwab (or elsewhere) and personally receive cash or other incentives…
The 2-10 spread inverts months before a recession, he said, and then it steepens. It already inverted briefly, according to Gundlach.
“What you want to watch out for is the steepening to start,” he said. “It would increase the probability of a rece…
When we save into tax deferred retirement account we push taxes (on income) into the future.
It would be an interesting stat to compare present day tax savings in the year that the IRA contribution was made to the tax liability on that contributio…
Thanks @Ted,
I like the idea of a GRA (Guaranteed Retirement Account).
Here's an example of allocation and performance of the CT State Pension plans.
https://ott.ct.gov/pensiondocs/fundperf/FundPerformance01312019.pdf
I see a big push back from …
@Puddnhead...Thanks for the shout out. I've been more of a reader and the a writer recently here. Thanks to many new and old contributors I continue to enjoy visiting and reading MFO's threads.
What's working for you these days?
Sometimes good inv…
@Derf, what are your thoughts on MAPIX as oppose to MASCX?
Also, it appears small cap foreign funds have been hit hard recently. PRIDX (Foreign SC), OGIYX (Global SC), and Matthews MSMLX (Asian SC).
