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PRIDX is a TRPrice SC International
FMIJX is a risk averse LC International
If you have a long term horizon EM funds like PRMSX or the index VWO
Also many Blue Chip US companies do business Internationally / Globally so you may actually be more "…
Thanks Old_Skeet for this daily post. Things I pulled from J. Saut post:
Investing in EM today? Have at least a 3 year time frame...EM should out perform.
Single Country EM? India...Putnam’s Daniel Graña, who manages the Putnam Emerging Markets Equi…
Thanks @msf, I may have misunderstood this. I will follow up with him. Compared to other T.IRA plans, it appears TSP plans have a limited number of withdrawal options, no?
This link lists them ( this link does reference Roth balances)
Withdrawals A…
Tough holdings for me since 1/26/2018:
SFGIX (actively managed) & VWO (EMM Index)- Both down almost 15 % in steady decline. Active management doesn't seem to be offering much downside protection:
FSUTX has done very well compared to the Utility Index:
FSRPX has buck the trend of (87% Consumer Cyclical & 10% Consumer Defensive) as a result of their choices / weighting in this sector.
@MikeW,
Will you be able to keep the Thrift Savings Plan?
Often, at retirement, these plans can no longer be contributed to and may also have to be transferred out of the Thrift Savings Plan. This was the case for a relative who work for a governm…
Not often mentioned, but another planning topic is your debt to income ratio. Prior to retirement I had very good credit (partly due to my low debt to a higher working income). This "debt to income ratio" will change instantly in the first months of…
Take a close look at the retirement benefits that are being offered through your government employer. Ten years may be a bit off in the future, but start paying attention to what's being offered now and what might be on the chopping block.
Employer…
Getting back to Primecap's success...@Mark and @Ted's original post...I'll use one of its holdings as an example for its success, BB (Blackberry).
Management seems to do a good/great job finding companies that have minimal downside risk while also…
Part of the "process" in taxable accounts:
Try to:
- Hold tax efficient funds such as index funds
- Hold funds and etfs that have low turnover ratio
- Avoid holding (bond & stock) funds, etfs, and stocks that throw off a lot of short term gains…
Why sell at all?
"Feeling a bit over your head" is not the right frame of mind to be in when considering buy & sell decisions.
Maybe to start, take what @Old_Skeet describes as:
One of the things that I like about the fund is that it usually …
@davidmoran...isn't sector weighting the very "secret sauce" that make DSENX so special? You are not broadly investing when you are selecting sectors to weight as is the case with DSENX, no?
@msf, I try and fight the idea that all high ER funds are…
For some reason FSMEX, FSRPX & PRNHX received no love...that's o.k., please ignore their out performance.
@davidmoran...I kinda of agree, but CAPE (DSENX) is still not the only "CAPE crusader"...since 2013 (FSMEX has been pretty good):
Earnings drive valuation. Pull backs should be good buying opportunities for long term investors.
Investors should periodically reallocate gains:
If your "cow" is full of milk...milk your cow. Milk can feed you (be used as income) or it can be use…
This article might also bring some optimism to future market valuations:
Rather than get caught up in another valuation exercise, it’s always important to look at the big picture. Growth in earnings will translate into growth in equity valuations. W…
Related Story...interesting geo-political dynamics when it comes to the production and trade of resources:
For too long, Russia has enjoyed near-monopoly status as the main supplier of natural gas to our European allies, and wielded that power as a …
My recent mantra for portfolio review is changing from "Core and Explore" to "Core and Income". Core is low cost, well diversified and simple. Income is high quality, diversified, and uncorrelated to the market (my core). Explore is a small percenta…
@davidrmoran, All of this could have been avoided had we implemented a single payer medical system (Medicare for All).
Instead, Congress was told to vote on a 18K page document before reading it.
Can someone explain why Medicare (an affordable g…
Thanks @Sven...great additional information on your personal journey with this manager.
Upside Capture has struggled while his downside capture, while not great short term is better long term:
Hard to find funds that do both of these consistentl…
An investment 10 years ago in VGENX has been a challenging ride. I really would like to get excited by this sector. A better 10 year play has been FSCHX which uses OIl & Gas as its feed stock or Utilities such as GASFX and FSUTX which transport …
@Sven. SFGIX hasn't been around for 10 years. Inception date looks like 2/15/2012...so closer to 6 years. I'll agree that it has out performed the index (a fund such as VWO), but SFGIX is not an all equity fund (closer to 70/15/15 over its lifetime)…
Since your "share" is not a medical deduction could the assistance your share provided someone else be considered a donation? I believe these shares are collected and dispersed by a non-profit.
The word "quietly" was used:
us-senate-quietly-votes-to-cut-tariffs-on-hundreds-of-chinese-goods.html
Looks like Dollar General will not need to change its name.
Also,
Probably more significant:
us-usa-defense-spending/u-s-house-passes-defense-bi…
@rforno,
I did compare PRCOX to a LCB fund I own (PARWX) which navigated '08 GFC much like PRWCX...down -29%, but then rocketed 62% on '09. PARWX tends to be an all equity fund with 31 holdings at present, half of these identified as Large and Mid…
This fund's "year to year growth" over the last 10 years exactly 5 years above and 5 years below the the S&P 500 TR:
But it's trailing returns are much better...beating the S&P 500 TR for all time frames:
Anyone aware of any non- ACA choices coming this Fall?
Interesting comment by @MikeM that pricing was absolutely the same (ACA policy vs non-exchange policy).
@little5bee, I believe a colonoscopy "screenings" are a covered cost (preventive care)…
@carew388, good catch with VDC as an alternative...I would be short VCSAX's minimum as well. PGLOX is a short lived fund from (17 $M AUM), but a great pedigree mutual fund house. Thanks.
Even with its 1.05 % ER, PGLOX has clocked VDC:
From @Ted's link:
Consider sticking with equity exposure, albeit more skewed to sectors like consumer staples, telecom and utilities
Your choices for these sectors?
consumer staples (consumer defense) - VCSAX
telecom (communications) - PRMTX
utili…
Some thoughts:
Wouldn't the 2.3% be a bottom line cost savings on the product total cost?
Raw Material costs (from tariffs) would be an increased production expense if the device were manufactured in the US and usually a fraction of the final cost…
Now that I have your attention @larryB...continue.
What impact will tariffs have on funds?
I believe @Catch22 tried to offer some help regarding your OP which had to do with funding "retirement without a pension".
A worthy question that many he…
@larryB, Being new to MFO you may or may not be aware of a basic rule when posting. A post that discusses a mutual fund or an EFT is identified by the author of the post as "fund discussion". As important as it may be to discuss, this thread has no …
Many are surprised that teachers salaries are often not part of Social Security system. Though Ted's part time jobs most definitely had deductions for SS & Medicare (teachers do contribute to Medicare), it's doubtful his SS pension is anywhere c…
@rono and others...thoughts on MINDX? Seems EM (I'll include India here) has been hit hard recently, but are the fundamentals still intact?
Interesting chart in one of @Derf recent posts points to the fact that the number of countries experiencing…
From @davidrmoran's article:
Default isn’t the only serious risk to consider when purchasing an annuity. Even modest inflation can eat away at your annuity’s buying power and drastically cut into your lifestyle.
Inflow into BBJP seems to be some what related to BBJP's lower fees (ER 0.19%). EWJ (higher fees) had outflows of .5B. Must be other Japan ETFs that also have seen outflows due to BBJP lower fees. Fees matter.
That said, I own HPJSX (ER 1.61%)...wh…
@JohnN, as this thread weaves I realize I may have overshadowed your original intent for a discussion about annuities. I believe @msf brought the conversation back to that place.
I will share my own personal story with regard to annuities.
I was …
