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
Challenge today is that the social media (Facebook and Twitter) help to spread of disinformation. Even those who are undecided would hesitate to get vaccinated. We saw that how social media heavily influenced the presidential election and the margi…
Think I am heading to my bunker which is well stocked with beers, wine and tiolet paper. More seriously, several good fund managers i used did very well through this year's ups and downs (and last year). Very impressed with PRWCX and VWINX. Being p…
There is nothing wrong to rebalance a bit after a run up like we had this year. Stocks are fully priced and bonds are not doing so great either. Having some cash is always good if we have a pullback in the second half of this year.
For now I a…
@bee, thank you. Should included the ticker symbols in my discussion.
Thanks for remindering VMVFX. I left the fund when the original manager left and the portfolio underwent considerable changes that did not make sense. Moved the asset to a gr…
I remember we had that discussion several years ago. Since this fund focuses on large cap value stocks, I pair this fund with Vanguard International Growth (a large cap growth) and Grandeur Peaks Int’l Stalwart (small int’l growth). Few overlaps be…
Each brokerages have different fee structures. The Transaction fee funds on Fidelity's FundsNetworks costs $49.95 to buy, but none for selling.
https://fidelity.com/mutual-funds/all-mutual-funds/fees
If you already using Vanguard brokerage, ther…
We have turned into a disposal society instead of repair and reuse broken items. Many of us are not skillful enough to do these repairs. Don't forget electronic devices are considerably more complex and often the repair requires sending them back t…
@Derf,
The data Charles posted is only 6 months long from 2021, Jan to 2021, June. MFO risk ranking reflected the fund has not done well in 2021 as the rotation of growth stocks to the value funds (large and small stock funds) started in late 2020…
Thanks. TRP has been quite good with their assessment. Bank loans and valuation plays (large and small caps) have done well this year.
Leisure sector, maybe? Delta and other more infectious variants are increasing, especially in low vaccinate…
It all depends on how long you think the next bear market will last. You need to have enough cash to avoid selling stocks at the bottom to live on.
Good point. Having enough cash would lessen the pain throughout the drawdown. Today environment with…
Normally investing at least 80% of the fund’s assets in securities included in the Fidelity Clean Energy Index℠ and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index℠ is designed to reflect the pe…
Even with the best scenario you posted above with Apple, you can do so much. But the ability to get founding shares with cost base that costs penny would make a much bigger impact. The difference between million and billion is 1,000 times.
Thank you. Thiel has access to special stocks and likely insider information that are no available to the public. Compounding on the large annual gain is what provided the $5 billions Roth IRA account. It is likely he combined the annual Roth cont…
It is understood that investing overseas has its inherent geopolitical risk. Given the worsening political climate between China and US since the Trump administration, we have reduced our exposure especially to China substantially after profited nic…
The postmaster, Louis DeJoy, should get all the credit to ensure these postworkers are earning their pay and getting the Postal Service back to be profitable. Really nice guy. USPS traditionally do not deliver packages on Sunday, especially July 4…
Great point. The FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google (Alphabet)) have dominated the broader US index for the past 10 years while the value stocks trailed by sizable margin until late 2020.
As @hank suggested above, it woul…
Quote from professor Richardson,
June 29, 2021
Heather Cox Richardson
Jun 30
Last week, Florida governor Ron DeSantis became the latest Republican governor to sign a bill making it harder for citizens to shift away from the fossil fuels that are c…
Thank you for the reminder. This would be great for those who can delay collecting SS at 70 if their health condition allows. Also RMD has pushed to 72 from 70 1/2.
We had similar experience with Fidelity as @Tarwheel on rollover transfer. I discussed how I was going to transfer with a Fidelity representative ahead of time. Sold all proprietary funds and other NOT on Fidelity NTF platform and let the rest tran…
Several considerations you may consider in order to avoid 60 days holding period.
1. Find a different fund that is equivalent to the TRP fund. Fidelity lists a number of similar funds including their own funds.
2. Use ETFs since the trading …
Many buildings close to the ocean are very susceptible to the rising sea level and weak underlying ground material. In Florida porous limestone and ancient corals are commonly found where these tall structures are built on. Underground parking str…
In every states I have live in, you get a reminder by mail to the correct polling place. During voting at polling place a driver license is presented for verification. When we switched to mail in ballot, that make voting even more straight forward a…
We’ve had our accounts with TRP for more than 25 years. We decided to move everything to Fidelity for simplicity and because their customer service is much better. Every time I call TRP I get put on lengthy holds. I like their funds but I can still …
I'd require vaccination passport to vote. No shot - no vote.
Voting card is not required on the west coast states. Talking about voting suppression. Florida’s governor is requiring college students and teacher to register their political views. …
Agree. Plan sponsors have fiduciary duty to the plan participants including investment choices they oversee. CALPER is projected to face a shortfall in paying out the teachers. Ironically they would do fine if they would just stick with the plain va…
Not to mention, with few exceptions, I have little faith in the competence of state pension investment boards. Hell, many of them are enamored w/the proprietary nature of PE and still projecting 7-8 percent annual growth thesre days.
Other than Davi…
