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
Got lots of privacy issues with Zoom. I understand there are other companies who offer the same type of service. This is not the type of company I want to invest with.
In the early days of gold mining, majority of prospectors went home empty ha…
Antibody may work from article in Reuters,
“Historically, this has worked,” said Dr. Jeffrey Henderson, associate professor of medicine and molecular microbiology at Washington University School of Medicine in St. Louis. “Before we had vaccines, thi…
@lynnbolin2020, I really appreciate you for sharing your research and insight. They are invaluable in these challenging time. I couldn't agree more on the impact of COVID-19 on the market.
Yesterday, the stock market fell 1.5%, supposedly due t…
One plausible explanation of the lagging performance of D&C for the last 10 years is the value stocks invested in their funds are out style. Not only D&C, other value-oriented mutual funds companies are also lagging, most notably Oakmark. …
No thanks - this is like a buy low and sell lower scenario. Junk bonds are filled with oil shade producers and given the oil priced situation they are going bankrupt. The carnage has yet all play out in this risky sector. Case in point, JNK is dow…
You guys are too fast for me and I also did the comparison as well on currency hedging. Tweedy Brown Global Value also have an unhedged clone fund, TBCUX and it is slightly worse than the hedged fund, TBGVX.
@Mark, Thank you - excellent article on the significance of test accuracy. Even the 5% failure rate would allow the infection rate to slip through.
https://msn.com/en-us/news/us/questions-about-accuracy-of-coronavirus-tests-sow-worry/ar-BB124KXh…
Market's been especially irrational
@Crash, That is a good one. How about investors being irrational ? Case in point, several months ago @Catch22 posted a topic "Charles Bolin, MFO commentator. Funds that do well; with falling $/rising inflation w…
@charles, things happen but you will be a better investor in the future. Perhaps your portfolio is down today but time will allow it to fully recover, perhaps a year or two. Mine did during 2008 and I was scare as hell. Unless you are in total ca…
I think it is too early while the infection rate is still rising rapidly. During 2008 the market bottomed at -40%. The pace of this COVID induced decline is more severe - 30% loss within 2 weeks! Think the bottom is few months away. Tomorrow unem…
He never understood the term "pandemic diseases". This administration got caught flat-footed in stockpiling these protective equipments even though the Playbook tells them so. This is like a replay of the Titanic without adequate life boats on board…
Putin is wearing a hazmat suit, respirator (not that face mask), and full face shield just to visit patients in hospitals. If Russia's infection rate is low, why bother with all these extra precaution? This is what one sees the ER doctors and nurs…
What we need is a time machine for this administration to carry out the pandemic playbook that was already planned and tested. This playbook is the product from the Crimson Contagion exercise which is designed to deal with pandemic diseases across …
Taking a long term view helps to avoid to sell at the bottom. I own a small position in VNQ and no intention to sell. This sector will recover eventually when the infection rate stabilizes in the next quarter or two - assuming the hospital capacity…
I think we ended the month -19.7% from previous peak. Should I call it?
Certainly it is not a cute teddy bear but rather a hungry bear who just woke up from a long hibernation.
Russia's reported COVID-19 number is suspiciously low that said it all. Just like the Chernobyl nuclear power plant incident and the delay response from the former Soviet Union.
Got to love their analogy to the phase catching falling knives.
“Trying to call the bottom of the market and carefully buying is like picking up pennies in front of a steamroller,” said Peter Lowman, chief investment officer at Investment Quorum i…
Methodically clean the ship, while isolating the crew in port with a massive amount of individualized lodging equipment. As part of his plan, 10% of the crew would stay on board to run the reactor plant, sanitize the ship, ensure security and provid…
A number of company are suspending their dividends including Boeing during this crisis. Wonder if this continue in near term until recovery takes hold ?
VDIGX, VIG, and PRDGX are solid choices. VDIGX has a healthy exposure to health care sector …
Totally agree. Many investors do not have large cash position to take advantage to buy low. You are a great example of running a low risk portfolio. Watching CNBC is for fun and cannot take them seriously.
Agree with @FD1000 on muni MM. The 3+% yield is illogical and it has been drifting downward daily! Never thought liquidity issues would impact muni money market until @msf pointed out the fine points.
Even at -20% loss, the 60/40 stocks/bonds allocation is still a lot better than 30+ % loss of S&P500.
The massive QE seem to stabilize the bond market and the liquidity. One data point on commercial (corporate) bonds was released today. Fri…
@Anna, thank you for sharing your expertise on Excel. I know enough from the analysis perspective but not so much from tracking. Do you manually input the NAV from TSP website weekly?
@Mark, if you folks manage to get Quicken to do it's job, great. My need evolved away from Qiicken can provided. At work I have "clone" version of institutional funds, they cannot be track readily. So Excel became the tool I use for multiple purpos…
@Anna is right. Dr. Fauci is a federal employee who has advise several presidents dated back to Ronald Reagan days. He is over 70 years old has truly earned his federal pension. We, as the citizens of this country are in debt to his great service…
@charles, Still have few more years to go before retirement. I have learned and survived through several market crisis. The key is to stay invest so you can regain the loss in the future days. In the last two weeks, the market declined at a rate e…
How has the correlation between price and NAV been working out in the current market volatility?
In typical trading days when there are ample buyers and sellers, bond prices are traded with narrow spread in relation to their trading volume. The bon…
