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.
I have sold 100% of OEFs at Fido a number of times. The full amount has always been available to reinvest the next morning. I have closed out ETFs and CEFs in their entirety at Fido and the funds were always available to reinvest in a matter of sec…
SMA3 "While it easy to move the money, Schwab requires you sell the MMF first, and it takes a couple of days to clear, so a fair amount of planning is involved. This to me is the major disadvantage to using Schwab."
FD: it takes only one day to cle…
I never understood "I need cash for an emergency".
It's been already over 30 years since I needed lots of cash. Just in the last 1.5 years, we had the following unpredictable expenses:
1) My wife totaled a vehicle and we bought a new one. I took a …
You have to look at your total portfolio. A total 20% loss, is just 20% regardless of how you spin it. The bucket system adds complexity to an already complex retirement situation compared to accumulation. You can achieve the same goals by using sev…
Why not google it? I found this link in 3 seconds and I never owned any Apple products.
(https://support.apple.com/en-us/102646)
I love working on my laptop attached to a 24" monitor a lot more than my phone.
So, what happened in March 2020?
Covid spread around the world, and panic and uncertainty were everywhere, think about what happened to businesses, people, and commerce. All = black swan = sell everything.
FD, Unless you are getting paid by RSIIX or otherwise chose to do their bidding, why are you trying to bury my question by replying with an obvious?
There is no reason to think or assume that posters here asking questions or raising issues are in…
Just my opinion, it's difficult to find honest, great CFPs who are fiduciary and put their clients' interests first. If you are a typical investor, a CFP should be able to come up with a detailed plan in 3 hours and charge you a $1000 (maybe $1500) …
RSIIX fell in March 2020 because it was a black swan, even RPHIX with much lower volatility fell. Investing based on a black swan is a bad idea long term.
When rates are not stable, especially when they go up/down more stable funds are recommended …
From reading articles and watching markets:
1) It is known that the US stock market is the best LT. Bogle, Buffett, and Malkiel (Random Walk) told us for a long time to invest mainly in the SP500 or VTI.
2) The further you go in the past, the less …
Schwab assigned a local FA(financial adviser) to me when I joined years ago. This guy is amazing and can tell you what funds to use, he even does CEFs, all for free. I don't need it so I don't use him but over the years I met with him twice just to …
We can always learn something from each other...
Sorry @Baseball_Fan. I learn nothing from repetitive gloating nor can I believe someone who always says they made the perfect call - after the fact.
(link)
"Simple" question: what do you think will generate better results for Joe average investor during his lifetime...holding up to 5 funds and hardly trading, or using 10+ holdings with more trading?
Investing is never about emotions and feelings, it's …
Categories are another imperfect subject. While SP500 is LC blend, managed/flexible funds are not. I stopped paying attention to M* a long time ago, especially when I'm looking for unique funds.
A true story: several months ago, my screener found a …
The number of accounts is an excuse. I have 10 accounts(2 brokerages, each with Roth, Rollover for my wife and me + joint/taxable account), but still only 2 funds. Yes, I buy one fund for several accounts. When I used to have 401K, it was usually al…
Fidelity screener should be good for 93.567+% of investors. Schwab has more funds, let's give it 95.25%. Both have many criteria to select from. That looks like a good solution for a little imperfection.
If I can't buy a fund at Schwab or Fidelity …
I could never understand why anyone has more than 7-8 funds (they are usually the ones who say, there is no right number). You go over 10 funds and you are over-diversified.
What usually happens with over 10 funds? you are not sure and/or you have …
I have been trading a big % since 2000 of at least 20% until retirement.
Since retirement in 2018 and only 2-3 funds (they are not at equal %), every trade is at least 30%, and most are at 40-50%. Changes under 10% have minimal effect, and under 5…
Yep, as I predicted, RPHIX has a good chance to do better since the Fed blinked on Nov 1st and later even more in mid-Dec. It means rates have stabilized. It made about 1.5% since 1/1/2023 and much better than MM/CD.
RPHIX is the "best" risk/reward …
For 2024 I would go with RSIIX. The main reason: per M* TTM yield is 8.6% for RSIIX vs 5.5% for OSTIX. Yield is more of a "sure" thing, after all, if both only have the yield and not appreciation, RSIIX has 3% more yield.
If I want better performan…
https://www.morningstar.com/personal-finance/what-are-fund-flows-why-do-they-matter
Quote: "Are Fund Flows a Reliable Investment Indicator? As it turns out, interpreting fund flows and their relationship with performance isn't cut and dry, and tren…
The last 3 months of the year tend to be the best in the last 5-10-15 years: https://stockcharts.com/freecharts/seasonality.php?symbol=SPY and extend to 5-10-15 years (use the bar below the chart).
looking at a chart since 1-1-2018 (https://schrts.co/ABHTItFS), you can clearly see that RSIVX is a better risk/reward fund. I don't know what happened in 03/2020 but RSIVX had better volatility in other times. If you look at both since 1-1-2018 usi…
Well, Steve Jobs had a huge ego and was one of the worst managers in (SV)Silicon Valley. His demands of his employees were ridiculous and if they couldn't come up with an idea, he would fire them, and then he would all the IT companies in SV and wou…
Linette Lopez has been trashing Musk for years, see example(https://www.youtube.com/watch?v=Xl6oWXUCrLg)...read the comments below the video...mmm...do you think she has an agenda?
FMSDX is not a bond fund. It's a multi-asset fund (allocation would be fine too). According to the Fidelity site(https://fundresearch.fidelity.com/mutual-funds/composition/31638R717) is has 29.29% equities. No need to look further.
2023 has been a d…
The Fed chair blinked on Nov 1st. Today he did it more convincingly hinting about 3 cuts. Most likely, bonds will continue doing better in 2024.
A chart (https://schrts.co/uiIcBzeV)of ORNAX(HY Muni),DODIX(high-rated bonds) shows that ORNAX has to ma…
Old_joe,
You can invest as you wish, I never said that CD or TR are bad or I will never invest in them.
I know 3 investors with millions, one has over 90% in Munis + 10% stocks, the second has over 90% in stocks, the third has 50% in MSFT, all have…
Already explained the WTF portfolio. If you need less than 3%(2.5% is...I need under 2%) annual withdrawal, then you can do whatever.
Someone who doesn't have enough must take a lot more risk than the above.
I always found better ST trade in bond O…
hankPortfolio risk late in retirement? It’s a personal matter, I think, based more on temperament than anything else. If you still don’t have “enough” to survive on for the rest of your life when you reach 75 - 85 may God help you
Unfortunately, mo…
Add 1% annually. Usually, by age 75 you can start taking more risk.
WTF portfolio is when someone needs under 3% (2.5% is better) withdrawal annually from their portfolio. In that case they can have 20/80 to 80/20 mix of stock/bonds.
The portfolio s…
