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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
The earning season is upon us and there are more reporting to come. What we are seeing this year is the beginning and there will be better entry points. I have ample cash from rebalancing several weeks ago.
Bring all documents to support his income and deduction. If they are honest errors, he needs to amend the filing in order to satisfy the IRS. Otherwise it would not go down well.
estimates he has generated $23.5 billion in investment profits since then.
He expects to double that number in the next five or six years.
That depends on on a continuing bull market for the next 5-6 years. I don't think so.
One needs to a few exercise on tablet computers vs PC. Apple has a very helpful discussion forum. I learned by playing with my iPad and google for the answer.
Back to bonds, 2017 was disappointing and I believe it will be more challenging in 201…
High yield and junk bonds, active or not, do not fare well in down market as many investors sell at the same time. The risk is illustrated by Dan Fuss of Loomis Sayles Bond fund where the fund lost over 30% in 2008 due the lack of buyers of junk bo…
This is an asset class I don't want to slice-and-dice for value vs. growth style. I prefer active management with long term track record with a complete up and down cycle including 2008. Andrew Foster Seafarer funds is one of such but the Growth &…
Interestingly, many rich people are hiding their money while not attracting attention. Ross is inflating his asset so that he can further his ambition. Forbes did a good job detailing Ross's money trail. Trouble is he heads up the Department of C…
@Sven - I guess I disagree about Roth taxation. I think they will figure a way to make all investments after-tax with tax-free dividends and capital gains.
@Anna, At present Roth IRAs are funded by after-tax dollars and thus are tax-free upon withdr…
Someone gonna paid for the massive cut on their tax burden. This is a slap on the face for those who are responsible for planning their retirement. There is also discussion the Roth IRAs may be subject to taxation upon withdraw at later days.
@davidrmoran, I stand corrected for the right trading symbol. For tax-deferred accounts the minimum is $5K plus the $50 transaction fee. The $100K is for taxable accounts. Certainly this is not a tax efficient vehicle for taxable accounts.
@MikeM, I have invested with DESUX several months ago and it has hold its own comparing the DSEEX. At Fidelity, the institutional shares required $5K minimum. The domestic market is moving up due to the expecting tax reform (lower corporate rate)…
I agree with msf's analysis. Problem is GOP is trying to find revenue (i.e. taxation) to pay for billions of corporate and high income tax cut, while not increase future budget deficit. Haven't we seen this trickle down policy before and it amount…
No shit. Sickening.
It sums it up alrigt! Somehow getting your tax dollars now for the 401(k) to counter for the massive tax cut for business. Where is the fiscal responsibility that GOP was crying about? All 51 out of 52 voted for it in the sena…
@claimui, DSENX/DSEEX outpaced PIDIX/PXTIX every year since inception in 2014. Also the expense ratio is lower as well. What is your opinion on the European version, DLEUX, of DSENX/DSEEX that was launched two years ago?
I believe the default method is average unless you specified: first in first out (FIFO) and several other options. Make sure you do this before year end.
Agree on the valuation basis. Just about all international sectors have done very well relative to US. Our overweighted exposure to EM has done well. The smaller cap oversea equities have done even better. Non-USD EM bonds have returned twice tha…
Warsh would be further serious beclowning
Great one! The man is simply not qualified for the job. Janet Yellen inherited all the issues from Ben Benerake and Alan Greenspan during the Bush administration.
Wow. Jamie must have many friends in high place to avoid jail time.
Also in the midst of the scheme, Church of Scientology faciliate all these transactions.
Yes, I missed him. Back then he teamed with George Harrison, Roy Orbison, and Jeff Lynne in Traveling Wilburys.
https://youtube.com/watch?v=1o4s1KVJaVA
@msf, I understand that 10 years treasury is often used for illustration purpose. Would a total bond index make more sense even though it may not have the long history as treasury?
The European version, DLEUX, is quietly doing well this year. Shorter track record than DSEEX. However, both funds have not faced a severe downturn as in 2008.
@old_skeet, you managed your portfolio in several buckets and that is perfectly okay as long you can keep track of them.
Awhile back we simplified ours by switching to diversified index funds and ETFs to reduced redundancy. Today actively manage…
@Maurice, I think that is a solid intoduction class to those who are start to invest for their 401(k) and others. Afterward the students still need to further their learning by using a number of excellent books recommended on MFO. So, your postin…
@catch22, thank you for the info. No wonder cost healthcare is big part of expenditure after retirement. I still have a way to go. A month ago I attended a pre-retirement seminar which got me thinking about educating myself on Medicare and all o…
