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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
Reply to @scott: The jury awarded Mr. Gundlach $67 millions for his TCW contract. However, Mr. Gundlach is found guilty of using TCW's proprietary trading tools after he left. The damage amount due to TCW has yet to be determined. This should com…
Reply to @CaryRaleigh: Dodge & Cox could have been better funds if they would close them years ago. IVWIX closed their funds while the size is still manageable.
Great reminder to everyone who comes to this board for advice and discussion. Personally this has been invaluable... Let's all support David's effort either through direct donation to the link above or purchases at Amazon using the specific Amazo…
The other reason to invest in local (foreign) currency bond fund is to hedge against declining US dollar, while the developing economies as reflected in their local currencies. TCW EM Local Debt fund also invest in EM corporate bonds in addition to…
Reply to @Kenster1_GlobalValue: IVA Worldwide, (institutional share) has done very well in today's market condition. Now that it is closed and will likely to be closed for sometime to come. Few remaining world allocation funds available: Thornburg…
Reply to @Shostakovich: Rommick is testing the water with < 2% invested in 3 banks. this year Crescent has done remarkably well comparing to Fairholme fund which has lost 26.9%. Ouch!
Reply to @Maurice: For awhile Bill Nygren was the darling in the mutual fund universe. Then he doubled his bet on Washington Mutual on the way down. Afterward he is nowhere to be found in the press... Concentrated portfolio would work for short t…
Wow, let's hope Mr. Berkowitz's bet pans out for the existing shareholders. Bill Nygren of Oakmark Select fund kept on buying Washington Mutual was it was collapsing. In the end it cost the shareholders dearly.
Does Vanguard operates in Canada …
Reply to @Investor: Barrons has gotten worse over time. The content was getting smaller and the coverage on mutual funds was absolutely dismal. Several years ago I cancelled my subscription and read them at the local library instead. From what …
Don't forget Lenny Dykstra. After retirement he went downhill fast by his own doing. Now he is in jail and bankrupt.
http://www.reuters.com/article/2011/04/15/us-baseball-dykstra-idUSTRE73E7FF20110415
As much as many people who dislike Bill Ga…
Reply to @VintageFreak: These managers don't get to where they are today without solid discipline. So far the fund has not been loaded with bonds, particularly emerging market bonds as favor by Gross and El-erian. Their cautious view on current…
Pimco's view so far has been quite bearish on Treasury while Bill trades in and out of it. Ironic, is it? Overall this should not influence how Gudefin & Lahr operate. Please check out the fund allocation for the past 6 months. The cash leve…
Reply to @Investor: Sounds like you have a partial torn ACL. Please be patient and you will recover fully through physical therapy program. You may want to consider swimming too.
As much as I love downhill skilling, these days I do a lot more…
Reply to @Maurice: Awhile back Dan Fuss came fourth that he mis-read the market and the shareholders suffered in 2008. The fund has since bounced back strongly. Now the fund has significant exposure to energy producing countries including Canada …
Reply to @Derf: That equals to 0.275% as the management fee. If there is no additional layer of custodian fee being paid annually, and this is the expense ratio of your fund, then you are are doing very well.
Reply to @skipper: Last time I checked, it starts at 0.70% for asset under $1M, and it gets less at higher level, of course. Free service tends to provide limited recommendation. Good wishes...
Reply to @catch22:
With respect to investment style, I believe Vanguard Total Stock Market Index Fund and Vanguard Total International Stock Index Funds invest in both value and stock stocks.
Hi Skipper,
Several questions:
(1) why your Vanguard adviser uses only 3 index funds?
(2) what about active managed funds - Wellington, Wellesley Income, and other fine choices available through their brokerage?
(3) I don't know if you are not…
We hold our muni positions throughout this year despite all the noise, notably from Whitney et al. For now the intermediate term funds are in the "sweet" spot.
FPA managers share similar outlook, but they execute their investment strategies differently. The interview with Romick is indeed very informative. Would you please post the transcript when it is available?
Personally I think it is premature fo…
Hey Maurice,
I have a Weber gas grill for the past 22 years... While it is durable and works well to entertain families and friends and the cleaning is a snap, it is a pain during relocation. I gave away several perfectly good propane tanks and ha…
The ability to borrow against one's 401K is for emergency only. Otherwise this is no difference than taking out home equity loans for vacation and car. When these individuals leave their jobs voluntarily or not, they are required to pay back the f…
It is indeed a sobering article. Even for those who diligently save for their retirement, two financial bubbles in this past decade left many in worse shape than anticipated. A number of my coworker who are in their retirement age but choose to st…
