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 taught FPU for a good while and after working with people for those good number of years, I feel confident in saying that car payments might be the #1 wealth killer for middle class americans. and I made that declaration 7-8 years ago! Today it …
my guess is the move from defined benefit to defined contributions have tremendously hurt the PE world.
I read that 88% of pensions invest in PE at an average allocation of about 14%. and the amount of assets available to pensions has been …
the reason for classes is because they are sold in different ways and the fund companies want to keep track of that. fees to advisors, marketing fees paid to broker houses, intermediary fees, etc. sometimes the way a 401k/403b is constructed, th…
David Stein (Money for the Rest of us Podcast) stated that its not a great time to be investing in PE.
- fundraising has slowed tremendously
- there are tons of PE firms that can't sell their firms due to various reasons
- tons of liquidity pro…
listening to a podcast yesterday and the guy was only in favor of it in 401k's as part of a target date offering like the state street + TDF's.
he justified its use by saying pension funds buy a ton of private equity and the 401k removed a lot of…
on a podcast the CEO of CG stated that there technically is no correlation to at least the initial ETF's they released. CGGR, CGUS, and CGDV. he said they are all slightly different strategies.
I think in large part, this is the industries answer to combating index investing (and by proxy the immense discounting that is going on in the mutual fund ETF world as it pertains to expense ratios). They are going to make this seem like such a gr…
I don’t trust most fiduciaries. Just because someone holds that title doesn’t guarantee they’ll act in your best interest—or that their advice is good. Yes, it’s better than working with someone who isn’t obligated to prioritize you, but it’s far fr…
i say it like this....i have reason to believe that the US will likely cumulatively outperform the rest of the world for the rest of my life. but i'm not 100% certain. i'm 80% certain. so I allocate the other 20% to international stocks.
I would normally say, hold off and let it build some AUM first, but CG has a decent track record enough to jump in on a 1 yr old ETF. in 1 year its slightly underpeformed its index.
I used DFA international Core in a 401k and when I left that c…
Went to Kiplingers to check out current top 25 fund list and found a mistake.
From Morningstar the 5 and 10 year returns for BEXFX are 3.39% and 4.52%. On the website for Kiplinger 25 funds, 5 and 10 year returns are shown as 14.6% and 10.8%. I …
My teenage/adult children have UTMA's at Vanguard and the site for ages has been an absolute nightmare...getting help (i didn't need it much) was a nightmare as well.
But when Salim first said they were revamping I thought it might be the perfect…
for me its about liking the type of stocks that pay a dividend vs investing in them BECAUSE of the dividend. the dividend is just the natural outcome of investing in older stable companies. reinvest them if you don't want them.
it was also a mu…
to be frank, i don't think people starting out are looking for magazine subscriptions but I do get it. But I also recognize that Robert Kyosaki has helped a lot of people change their mindset on money, finance, and investing even though RDPD is a …
"in 2004 they released their Kiplinger 25. their top 25 mutual funds. they update it from time to time. only 1 bond fund still is in the list from 2004. none of the other 24 survived. most funds don't even last 5 years on the list. how useful is tha…
Bogle praised Danoff in common sense investing and his work with contrafund. the guy who taught me about investing was a american funds wholesaler in the 80's and early 90's. he said the biggest thing to remember is that all of these long time fu…
when this article came out, someone brought it up in a investing facebook group i'm a part of. the person was like why not just invest in a group of these! a few months ago in the same group someone queried if they had. they had and they basicall…
My parents have a slug of american funds in a capital group 403b. if I take their 25 years of investing in it and compare that to a risk adjust index portfolio its basically cost them about 100bps a year. some of that is because they are in R2 sha…
While I'm not much of a fan of American Funds since they became so large and FD came around, I do appreciate their management style and the ability to hover around their indexes while reducing risk in many instances (usually by including 8-15% inte…
The Legal List idea is kind of outdated now. It was replaced in most jurisdictions by the Prudent Investor Rule, especially after the Uniform Prudent Investor Act was adopted by most U.S. states starting in the 1990s. As Modern Portfolio Theory bec…
The Legal List idea is kind of outdated now. It was replaced in most jurisdictions by the Prudent Investor Rule, especially after the Uniform Prudent Investor Act was adopted by most U.S. states starting in the 1990s. As Modern Portfolio Theory bec…
I think the White Coat Investor's target market is not us. Its doctors and good gravy many of them need the help in the world of investing. anectodatally i know a few that a a 800 dollar course may have saved them millions. the one i'm thinking…
Somewhat off-topic, but there seems to be some selective price gouging going on out there. BoarsHead cold cuts should not be ~$17/Lb, for example. But they are.
We speak with our wallets, and some of us are either doing without or cutting back. …
the question would be what was their PE during real identified bubble periods...a bit mroe difficult to likely extrapolate.
I think technology has likely changed the markets and how bubbles are corrected. I obviously am not sure what that will …
@a2z:
You are taking a very slim part of the hour-long interview and seizing on it for a political rant. Your linked video belongs in OT. The problem here - you are distracting and detracting from the excellent content of the Ritholtz / Bernste…
One of my favorite documents to share with young investors that Wiiliam Bernstein published:
https://etf.com/docs/IfYouCan.pdf
I was the old guy in our department (early 40's) and a few of the younger 20 somethings asked me one time if i went to th…
testfolio is great and he adds new updates seemingly weekly.
PV really had that market cornered. I gladly paid 7 bucks a month but they bumped it to 30 and i was like yeah ok nevermind.
I fit Jared in the Grant Cardone camp of guru kind of. He's a smidge more down to earth, but these guys can't even fathom the 9-5, W2 worker lifestyle. Jared kind of tries though. but he is very much a "you have to look the part" guy. I think t…
Thanks.
It's good to hear Bengen.
His 4% initial w/COLA is a good start, or a good benchmark.
But there are many approaches - variations of Bengen's, dynamic approaches, increasing equity gradually in retirement, % withdrawals with or without re…
Again, OAKMX is a 5*, LCV fund that tracks well vs the S&P, beating it by 2% over the past 3 years, by 5+% over 5 years, trailing it by a measly 0.5% over 10 years, and beating it by 2% over its LFE.
I don't diss funds that do that, especial…
I owned it for about 8 years in a advised account until bailing in 2021. It was bad for those 8 years. went to a factor based international fund (to match my 401k) and never looked back.
my old roommate invests in 2 country based international funds. Israel and Poland. he's sworn to me for over 15 years I need to do so as well. Its basiclly matched a international index.
I personally use AVDE and AVEM from Avantis since 2021. …
I haven't been here long, but have been definitely surprised at the level of frothy political opining that has gone on.
It doesn't really bother me as i feel like i'm a grownup who can take it. and to be honest even in the fund discussion area …
Their platform stinks IMO so when people move and can't buy them without fees at other places, they get redeemed and moved into other options.
I also think there is something to be said about the "great wealth transfer" beginning. these are lo…
Again they are only available in specific retirement plans R1-R6. but outside that R6 is most notably used in their portfolio series and target dates although I suppose they could be available in other 401k/403b type plans as well.
still not som…
American Balanced has 19 classes!
NTF/no-load at Fido & Schwab is BALFX, ER 0.62%
Cheapest is Retirement R6 RLBGX, ER 0.25%
R6 shares are what American Fund uses in their Target Date funds which is why they are the cheapest to reduce costs on…
Any Balanced fund that limits its international exposure will have done really well over the past decade+. FPURX and VWELX are the 2 that I spent the most time looking at for my parents. had we moved them to vanguard or Fidelity that is what they'…
