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.
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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
Recently I ran across this article from Smithsonian about Albert Einstein's travel diaries. Even he expressed racism toward Asians, but later in his life his view changed.
https://smithsonianmag.com/smart-news/einsteins-travel-diaries-reveal-his-…
@catch22, Just about all foreign funds and bonds are down for the year. The US large cap funds are up 3-5% while the smaller caps have done better, presumably their business are more domestically oriented and less impacted by the tariff. At some p…
@davidmoran, Fidelity got great online service, free trading on iShares, and new CD offering. Other brokerages I use such as T. Rowe Price and Vanguard have their advantages and disadvantages. For now we have not decide if we want to use their cli…
@Maurice, I have not visit Fidelity office for a long time. From what I read is that they are losing asset and being one of the largest 401(K) administrators is keeping them afloat. I think there is a subtle marketing effort going on between the b…
Never received one from them. Are they advertising their advisor services?
Fidelity is more straightforward and offer cash to move asset to their firm.
The situation is escalating as investors are pulling money from EM ETFs that have over 30% exposure to China. See Ted's earlier post.
https://mutualfundobserver.com/discuss/discussion/41758/investors-are-bailing-from-emerging-market-etfs#latest
I would ignore his calls. Recessions come and goes and that is market cycle.
I would pay more attention if he would articulate how the impending traiffs would impact the global market, the future earning, and the possible catalyst to trigger the…
@msf, how do you deal with covered versus non-covered shares? Prior to 12/31/2012, the mutual fund companies may not provide cost basis for you to select specific lots to sell.
Is he is spreading himself a bit too thin? Large AUM has always been an issue even with a team of supporting co-managers. That is one of the reason I gravitated toward TRP funds years ago for actively managed funds and Vanguard for their index fun…
I think it is a personal responsibility of our eating habit and not rely on the government or the insurance companies to tell us what is good or not good with respect to sugar consumption. Rather than cutting out all sweets, but moderation is the k…
The title said it all and investors should ask how and where does that level of dividend come from. Even in open end mutual funds there are years where the sizable year-end distribution came from capital gain, even though they may be long term CG. …
Hank summed it up well. Since Michael Price sold his company to Franklin and he left several years later, the old Mutual Series of funds were never the same. David Winters' Wintergreen fund has been mediocre fund since inception while charging high…
@Old_Joe, You are welcome. Graying of Japan should be a reminding to the rest of the developed countries. They are having heavy financial burden supporting their retirees. Either they raise the income tax, radical change their immigration policy (…
PIMIX is down 1.1% YTD and the unconstrainted fund, PFIUX has done better, up 1.2%. Next week the fed rate will likely be raised again. Not sure how the leveraged CEFs will do given there are several rounds of rate hikes are planned for the rest o…
Hank said it all about Pimco's backroom support that contributed to decade long out-performance in Bill Gross's Total Return fund. Out-performing by several % per year comparing to the benchmark, US Aggregate Index, is not trivial matter. Pimco as…
With money market funds are yielding at 1.6%, I use cash instead of most bond funds. Otherwise balanced funds such as PRWCX and VWELX have been doing a decent job.
Our family visited the Fort Rosecrans National Cemetery in San Diego over the Memorial Day. It was a sobering experience to see rows of grave stone along with an American flag on each one of them. New graves are being made that reminded us the cont…
For years the drug industry has spent millions lobbying Washington to have thing their way. Wish I am more optimistic, but I am not. It will take more tha an act of God to change that.
He is pointing at the smaller cap EM oriented funds. Matthews Asia Small Companies fund, MSMLX is Asia focus small cap fund.
While Mr. Dali recommends using index exposure to emerging Asia, he says active management will provide additional exposu…
Emerging market currencies are falling back toward earth after an extended run in which they defied gravity—also known as rising U.S. interest rates.
https://www.barrons.com/articles/emerging-market-currencies-down-but-not-out-1525464034
From 2018 IRS reporting schedule above
Examples:
1. Danny, an unmarried college student working part-time, earns $3,500 in 2017. Danny can contribute $3,500, the amount of his compensation, to his IRA for 2016. Danny’s grandmother can make the cont…
@Maurice, It sounds like a workable solution that may save you on the management fee. The Admiral shares of most Vanguard index funds require $50K. So a total of $200K would allow you to construct the same portfolio as the Target date fund and per…
