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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
This year most of my actively managed equity funds lagged their respective indices while the bond and asset allocation funds excel. Not sure about the "60%" quote above when MFO is reporting so much funds are liquidating.
Rebalanced a bit since I do this several time a year. Considering trim back the 15% EM allocation and let cash build up.
On taxable account, took some tax loss earlier in the year. Considering selling long term bond before year end to net a n…
I have been considering the same for the future. Likely I will go with Vanguard (half robo and half human). Prefer index funds rather than ETFs unless the daily trading volume is high to minimize the bid-ask spread.
@hezzsafe, Concur with your statement. In this asset class active management makes more sense with Seafarer and Matthews Asian funds. Mr. Foster's fund in particular has been doing well since inception.
@hank, I will give Barrons a try again. For now I cannot go back to the paper version since tablet computers are so much easier to use and store information. My family love our iPads.
What I am looking for are in-depth market analysis. Surpri…
Dropped my subscription years ago when the paper gotten thinner and fewer good articles. Same goes to Wall Street Journal. Not many good financial newspapers these days.
these stocks were also growing more expensive relative to how much profit they produce, an important measure of valuation.
Valuation is getting ahead of these stock. VMVFX is a global fund with ~50% oversea and currency hedging.
Don Yacktman is no longer of part of management.
His son, Steve, and co-manager, Jason Subotky have been running Yacktman funds for last several years. Both Yacktman and Yacktman Focus funds are concentrated that focus on few sectors.
I agree with VintageFreak. Take the 2007-2008 housing crisis for example with subprime lending, the guilty parties merely paid the fine and admitted no wrongdoing. In the end, Washington Mutual and Countrywide were taken over by other banks. Man…
In my own plan I disregard the bond fund advice and substitute that portion with my SS account
@Mark, do you use the current figure from IRS for your calculation? Just curious. In my previous posting, I still use sizable bond allocation.
Lost confident on Mark Hockey since 2000 and never look back. Large stake in banks took much longer to fully recover. His international fund did well when he can move around with much small asset base. Think he reached his maximum capacity long a…
@kevindow, Right now in this low interest rate environment, the only thing that is predictable is the management fee/expense ratio. I like VCIT and VCLT, and OSTIX. The rest I let Wellington and PRCWX's to make the bond allocation.
@jlev and VF, thanks for sharing. DSENX has done well since inception and I try to better understand why and how it works, especially with CAPE. Maybe I am thinking too much.
Concur that $300/month for combo package is a bit too much.
We eliminated the landline and replaced it with a cell phone plan (2 lines with 1Gb data plan - $80 Verizon). Don't have to pay for long distance calls. Cable TV and Internet package f…
Thanks for the warning, but that is perfectly legal to invest (at a much lower price) before IPO. Also notice that Fidelity owns a sizable stake of Alibaba with $610 M unrealized gain.
At least it is on the positive territory (for 50 years!). Some German and Japanese bonds have negative yields. This is the direct consequence of low/no yield world we live in, and it forces the income investors to take on more risk that they norma…
To the larger issue, who needs SNL to get a laugh? Watch or read the news. When a $900M loss in a single year can be spun (by Rudy and others) as a mark of "financial genius" who needs SNL?
This reminds me a quote from Mark Twain...
"It's not retur…
So glad I didn't drink the Kool-aid. After reviewing the top 10 holdings (that would constitute about 80% of the entire fund), lots of beaten down stocks like Sears for good reasons. Not my type of manager I want to hire to loss my money.
it shouldn't be surprising that returns suffer. Investing luminaries such as Charlie Ellis, Jack Bogle and Burton Malkiel have argued for ages that simpler and cheaper is better -- and maybe less subject to the second-guessing of outsiders who think…
Remember when tobacco products were advertised everywhere in billboards, TV, magazines, and the coolness of Marlboro man. It took decades before their advertisement was banned.
There is too much lobby's money to keep the ads going for prescripti…
@msf, I will see if Vanguard can answer your question better. My discussion with them have been quite informative on the ins and outs on 529 plans. The information they provided were all verified later to be spot-on. Among other brokerages I work…
He seems to be declining since 9/11. Last time he ran as a presential candidate in the primary, he lost lots of that energy he had as a mayor of NYC. This year at the convention he is clearly not the same person.
@hank, I admire your optimism and respect your view.
While I am not on the bearish camp, there is not a whole lot of room for significant growth in stock prices from here given the earning growth has been flat for several quarters. Going forward…
