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Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
@Vegomatic, nice example! The only difference is that Steve Romick is no longer part of management team in FPAG while the other two managers still run FPACX.
If Roth 401(k) is available in your company, it would be to your advantage to do so. Pay with after tax dollars now and future appreciation on the Roth account will be tax-free. The company matching $, however, still go your traditional 401(k). M…
Historically OSTIX does not performed like other high yield funds. Kaufman’s team tends to stay away from the junkier tiers of bonds, including private equity. They are patient investors and stay in cash when the opportunities do not meet their crit…
Thanks, @Old_Joe. Very insightful excerpt:
One cause of the issue is America’s shortage of skilled technical workers, which stems from a long-term decline in manufacturing employment and the offshoring of production. The U.S. lacks the workforce …
Automation will be widespread in these factories/plants.
No doubt it will be very costly over many years. Do we have enough talents to program and maintain these robotic manufacturing ? It took several decades to retrain the entire auto industry…
From a previous post:
As to how to get fee waivers at Schwab, other posters have provided information. In that same thread:
sma3 said:
I got the fee waived when I told my rep that I wanted to move VTMFX over from Vanguard but would not because of …
Money laundering, especially with foreign national, would be a serious issue. Is this what Putin has a hold on him? Something that is beyond some embarrassing stuff ?
It appears that Johnson is deflecting the narrative away from Trump.
This is another distraction on DOJ release of Epstein’s massive files. Bondi wants to redact GOP names mentioned in thousand pages of document. Pressure is on from last week’s testimony from many victims. Wonder how pervasive this case can be and…
Think this topic was brought up earlier this year. Roberta Flack is well loved for her incredible talent. Her rendition of The last time I saw your face made it in Clint Eastwood’s movie, Play Mistry For Me.
https://youtube.com/watch?v=d8_fLu2yrP…
Agree. There are many low cost short term bond funds/ETFs.
At present, FPAG is trading at relatively low daily volume, so be patient to build to your target allocation.
Above all, these migrant workers are human beings, and they are doing back breaking jobs that American workers don’t want. This goes to the farm workers, meat packing factory, home construction, and others. Wonder why your grocery, restaurants, and…
You are welcome. The FPA managers are really good on how they weave in and out so to add value to FPACX. Have a large cash position is where their secret sauce lies.
In that article, FPAG is competitive to several active ETFs that is worthwhile …
Here the Seeking Alpha article that @larryB was referring to.
https://seekingalpha.com/article/4810400-fpa-global-equity-etf-actively-managed-for-the-long-term
Similar to David Giruox, FPA managers are very opportunistic in their tactic positioni…
Labor number released today does not bode confident that the economy is bursting at the seam. Actually, it is contracting for several consecutive months.
Stagnation: The data underscores the extent to which consumers and businesses are struggling…
We have small allocation in gold and gold miners ETFs. They paid off well this year as they serve as a hedge against many market risk and instability. It maybe a bit late to add more with gold at over $3,000 an ounce.
Not interest in either oil…
Details revealed in the article are troubling.
1. Shares distributed to government will diluted existing shareholder’s value.
2. May impose other companies to use Intel foundry business even though Intel chips may not able to produce chips with …
@WABAC, Think we are on the same page on that. Majority of our bonds are on the shorter end. Our small moves to 5-7 years bonds have been gradually as we monitor the inflation data and employment number. Going to long duration is pre-mature at thi…
@msf, thank you for the NYU link. Just bookmark it. Very instructive to see different asset classes returns going back to 1926.
@davidrmoran, that is what Warren Buffet recommended for most investor.
@WABAC, not us. The long end of yield curv…
@hank, 2022 was a rare year where both stocks and bonds fell together from the rapid rate hike. Bonds failed as a ballast for stocks. Cash was no longer trash in that year.
One fund may still work. I would add a second bucket to provide enough …
During the Watergate, there were GOP senators who stood up to Nixon who told Nixon he will be facing impeachment. Nixon resigned. What kind of senators we have today for something far more damaging to the constitution. Yet, they stood silence.
Matthew McLennan has been managing this fund since 2008. The fund holds about 10% in gold, quite like his predecessor, Eveillard. McLennan has been on Wealthtrack a number of time in the past. Three other co-managers have been added since 2011 to…
It is not good for Intel. Really miss the boat on smartphone chipsets. Same goes for Blackberry.
Also Lutnick mentioned the government will take stakes on defense companies.
How is this Intel case different from Warren Buffet’s investment on Ban…
Here is more details on the government stake on Intel.
https://pbs.org/newshour/politics/trump-says-intel-has-agreed-to-give-u-s-a-stake-in-its-company-heres-what-to-know
These shares are non-voting share, but at a discount from the publicly trade…
It is the SCOTUS that is the most disappointing for failing to upheld the US Constitution. The congress is simply scare of him, and for what ? Mob boss!
Many don’t want to face their constituents in town hall meetings.
@larryB, i presume your social security and pension cover the entire expense. And these two funds are for capital appreciation, correct?
If not, do you have another bucket to generate income to supplement the monthly income needs ?
Sen. Rand Paul, R-Ky., wrote in an X post, “If socialism is government owning the means of production, wouldn’t the government owning part of Intel be a step toward socialism?”
Where are the rest of senate and congress? They all know that goes ag…
