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
@Maurice,
Since Ford is a major shareholder of Mazda, they used Marza 's small engines due to Ford's reliability issues with small displacement engines. Mazda 323 engine is still used today's Escort and few other compact cars. Today vast majorit…
It is not that differs then having your location function turn on on your cell phones. You location with respect to time are being recorded by your phone carrier.
@Mautice, I was surprised that several computer and cell phone items I bought from Best Buy have RFID tags inside the box. They are being used much more frequently today as the cost has came down considerably.
At work we have one too many passwo…
The proposed purchase of Wholefood has negatively impacted retail grocery sector including Costco and Kroger. So the discussion is financially related and it does matters. Amazon downplayed their responsibility on counterfeit items sold on their w…
@davidmoran, For sure we have different point of view and personal experience. I used to invested with D&C for many years, most notably the Stock and International funds. The team approach in my opinion failed in risk management and time it t…
I discovered Mr. Foster from Matthews Asia Growth & Income fund and followed him through the Seafarer Oversea Growth & Income fund. He is one of rare manager who I like to invest with many years to come as I did with Micheal Price (before h…
The fund used to be a good performer. M* failed to pointed out the severe drawdown during 2007-2008 and it took longer than the index to recover. Among large cap value funds there are better options.
My daughter starts college this fall and it is completely funded by a 529 account. Knowing that we have only 18 years investment horizon, we started a month after arrived once we got her social security number. We continue to invest through the up…
@BobC, Those millennials who I work with for the last two decades are different alright. Many did not fare well during two bear cycles in 2000-2002 and 2007. Sadly some are still sitting on the sideline in 100% cash.
Since Don Yacktman retired, his son Stephan and co-manager, Jason Subotky having doing a good job running both the Yacktman and Yacktman focus funds. The Focus fund has higher allocation to foreign stocks (16% total and 14% is invested in Samsung E…
It is all quite on the Western front...something big happens. After the G-20 meeting, I have even less confident that conflicts will be resolved diplomacy and the markets will react accordingly.
Interesting contrast between Burton Malkiel and David Winter (Wintergreen fund) on their philosophy between active versus passive mutual funds. David Winter's interview can still be found on Wealthtrack. Track record of Wintergreen fund is average…
CFL was an intermediate solution before LED light became more affordable. We switched over LED lights several years ago and couldn't be happier with the longevity and "quality" of light. Our nearby IKEA have many choices at reasonable prices.
@Derf, Then why target a particular age group even if it is voluntary? What if that group do not wish to take the buyout? Buyouts in private industry refers to a voluntary separation with a severance package.
Fidelity targeted about 7 percent of its workforce, all of them employees who were age 55 or older and had been with the company for at least 10 years.
Isn't that constitute age discrimination?
TRP is paying them to get on their NTF platform, probably in the neighborhood of 30-35 BPs, which is the standard cost to get on brokerage NTF platforms. Unless TRP is willing to absorb that cost, they will raise expense ratios for funds on the plat…
While Blackberry was the phone-of-choice in cooperate environment, mine stayed in the draw after I got my first iPhone. A remarkably versatile phone and the rest is history.
I remember him well and my wife thought he was cute. I hope my comment was mis-constured as answering to your comment. I simply don't see how an actor have anything to do with financial advising.
Young folks like excitement. Playing the market as they do on fantasy football until they face the first drawdown as in 2007. Experience is earned and often the hard way for many.
Several observation:
1. The fund was down 0.3% in its first day on trading, moving on volume of about 4,600 shares.
2. The fund carries a hefty management fee of 1.55%, along with an expense ratio of 0.35%. The average fee for an actively mana…
Like Mike M, I prefer M* premium through T. Rowe Price for portfolio X-ray tool. Analysis year-to-year help to avoid funds where they overlap too much. Otherwise, Excel spreadsheet works just fine.
Sears is clearly a value trap with little or no upside. These they are disappearing from the shopping malls. So glad that I never follow the herd who keep saying BB is really smart guy.
Back then when I was in elementary school, we took field trips to daily farms where we learned where and how food is created. Certainly strawberry milk is NOT produced by pink cows.
As for investing goes, we invest my hard earned dollars with our local farmer market instead paying the high price for the essentially same items at Whole Foods. They don't call "Whole Foods..whole paycheck" for nothing. As such Whole Foods have b…
Most investors who own broadly diversified US stock funds are likely have enough exposure to the FAANG stocks. Yes, they have out-performed S&P500 this year. Their valuation is also well above the broader index. I still think better entry poi…
@MikeM,
As you noted above is the sizable cash requirement to prevent another crisis of "Too Big to Fail". The taxpayers will be on the hook again if this requirement is removed.
The repeal also includes defunding the Consumer Financial Protec…
