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.
Support MFO
Donate through PayPal
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
Wish he spend his time focus on running the DoubleLine funds instead. Bill Gross went down that path and his funds lagged badly before his departure from Pimco. The flagship fund, Total Return fund, is only performing so so this year.
Even though TRP is a good firm. It comes down to the fact they are losing customers to the lower cost index funds and ETFs. Something has to give and that include nickeled and dimed the fee structures.
At one point, one can gain access to M* X-…
@LewisBraham, So what is all the talk of US being the highest corporate tax rate?
I agree with rforno. There was hope of reducing regulations that would increase corporate earning (and bonus).
Agree. Seafarer Overseas Growth & Income fund, SIGIX, has a sizable exposure to India. Also Mr. Foster gave a detailed (internet) stock analysis between India and China.
seafarerfunds.com/funds/ogi/portfolio-review
I keep track of my ER on spreadsheet with respect to % allocation, overall ~0.40%. Large allocation to ETFs and index funds helps to keep it reasonable. For taxable account we switched to all index funds, ETFs, and individual stocks for tax efficie…
@Old_Joe, The whole point of traveling aboard is to enjoy other cultures including their food. Some tried to do a better job by modifying their menu to accommodate the locals as one can get beer at McDonald. We also like Turkey strong coffee. On…
Quality of Starbuck coffee has declining for years while their cost has increased considerably. Also in the Pacific Northwest holding a Starbuck coffee cup has become a status symbol, and that is silly. So is Starbuck stock. I have been buying fro…
@msf, you are talking about me, except our family drive Honda. Interesting analogy to investing choices and consideration. Would drawdown and recovery be equivalent to crash test?
@davidrmoran, like I said I am not an experience CEF trader. So here is my understanding. Unlike ETFs where there are mechanisms to keep the price price close to the underlying net asset value, CEFs do not. CEF shares typically trade well below (…
401(K) is a long term investment for 30-50 years horizon. Unless one is invested in target dated funds, rebalancing on a regular basis (quarterly or annually) is necessary rather than leaving it on autopilot.
@davidrmoran, MikeM2 is referring to when the % spread between premium/discount becomes larger. My recollection is that the discount of PCI was closed to 10% relative to the NAV, and now it is near a single digit. So it is less attractive for buy…
The new plans will make sure over 20 millions people without any human care. Hey, think about all the saving (and campaign contribution they will get afterward).
By the way, I went with my wife to these meetings and asked questions including the …
it will take many years before US interest rate reaches 5-6% range. That is one of the reason the higher risk bond sectors are attracting investors who in the past invested in largely in treasury.
It is important that TSP participants to educate themselves early in their career so that they won't be fool into rollover over their 401(k) money into expensive annuity. This sort of stuff happens more frequently than reported with inurances compan…
It is truly shameful.... The Kushner family is pushing the EB-5 visa to allows wealthy Chinese immigrants a path to a green card if they invest more than $500,000 in a project that creates jobs in the United States.
@MikeM2, I will do more research to better understand the leveraged part of PCI. Do you have the link to Sam Lee's article? I searched but no luck so far.
Several years ago we bought a very nicely made hammock from LL Bean when we were traveling in New England area. Probably paid a bit more than Amazon. Like Old Joe said it is better to have the chance to see and feel it before order one online. Th…
Yes, it was a rough week for him. His wife filed for divorce. Harvard listed him as deceased while he got fire before he officially to take his position.
Rest In Peace. I will always remember him as a versatile actor with many memorable movies. One I particularly like is The Right Stuff where he portrayed Chuck Yeager.
Some of the exchange reminds me of Godfather. Sonny just arrived and he is gonna *** with their rival turf. Micheal demands loyalty and has his older brother robbed off in fear for his testimony to FBI.
It looks like Cisco System back in the tech bubble days. Cisco was acquiring many companies as their growth strategy. At one point It was traded with PE ratio over 120 and market capitalization valued more than GE. It lost 80% of its stock value a…
I agree that IMAX are too loud. Behind the screen, there are over several column of speakers! It is so realistic that you can feel the vibration. When my young kids saw one on animal migration in Africa they got scare and cover their ears.
VF, Glad you and your family is safe. The air bags and side curtails saved the occupants. Our car sustained windshield damage from objects fell out of the trucks. These were frightening experience as I see it replayed in slow motion before it stri…
Took a shower after watching that Mooch talked. Slick as a stock broker I dealt with in the distance past - not a pleasant experience until I read Warren Buffet books.
