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.
Happy birthday, man, and thank you for the thoughtful reply. Too bad about the Little League situation. I'm the staunchest baseball fan in this or any other universe.
The Forest question: what am I trying to get that my current portfolio isn't all…
Thank you, kevindow. I checked out those two. I can't invest in health care. It's an ethical filter: I want to take capitalist profits OUT of healthcare. And I have small-cap already covered. I've been through and done my homework laboriously throug…
Too long, too wordy. For many of the rest of you, most of the info. is "old news." Couldn't figure out how to completely DELETE the posting. ... It boils down to THIS: shall I ride this out with my bonds? Bonds are facing big headwinds lately. Or---…
From a civilian, who was JUST young enough to miss the Vietnam War draft: Let us revere the supreme sacrifice offered by so many who have died in uniform, AND those whose lives have been forever taken from them in a figurative sense, due to their in…
I see. Fidelity. That's good, except that not every NO-LOAD fund is available without a FEE via Fidelity......Well, you don't want to own so many funds, in the name of diversification, that you are virtually running your own "fund of funds."
The O…
Holy cow, over the past 1 and 3 years, OBIOX is indeed charging forward. Damn the torpedoes, full speed ahead. I'm an amateur, but what steers me away is the portf. turnover and the risk/reward profile. I just won't go where risk exceeds return pote…
You owe it to yourself, Justin, to learn about this stuff, at least enough so that you're not a "babe in the woods." Look at Benjamin Graham's "The Intelligent Investor." Easy to digest. He was W. Buffet's mentor. Taught at Columbia Univ.
Along wit…
I just bought MAPOX last year and am very pleased. My understanding about the regional focus is that it's not supposed to be a thing which handcuffs the fund managers from investing in something that may live out beyond the Midwest. I do not look fo…
Yes, I'll try to be brief. You truly ought to diversify. Keep the LC funds the others have recommended. Just two or three. Add small cap. Like PRSVX or MSCFX. (Small-cap is on fire lately. The whole market, you should already know, has been in the m…
Very thoughtful thoughts, all. I'm grateful for the input. MikeM, you are correct. My current domestic equity holdings are all M&P. I was thinking convenience and consolidation, but it might not be the best thing to depend solely on one manageme…
Thanks for letting us know, bee. What's the formula for RMDs? That info. might tip me over the edge to convert to Roth... Does uncle Ed go that far? Does he specify?
No, honestly: we all discuss a great many items from day to day. But I appreciate Catch-22 for reminding us that this game is juiced and skewed (by the Fed.) I said it in a different way a while ago: today's Market is divorced from true fundamentals…
No guarantees, sorry about that. Whether or not you are "late to the party," it's never a bad idea to be prudent. In this case, that means dollar-cost-averaging into the funds you've selected. You have "X" amount to invest. Divide it into 4 or 5 or …
Tribbles, OJ. Hee hee. We just transported them into the Klingon engine room, where they'd be no tribble at all.
No, but seriously: I can understand the premise: big monster institutional buyers kept things going while the little guy ran scared a…
Reply to @Investor: I really can't work. Too much pain. I'm not officially disabled, but realize at the same time that the f****** government will never grant disability: I'm not a bricklayer or lumberjack whose physical problem "prevents me from wo…
OK, we can skip the annuity. Stinky option, anyway. The hospital (she's working for a hosp.) puts money into it FOR the employee in the Spring of each year AFTER any year that the employee worked enough hours to qualify for the hospital's contributi…
Reply to @Art: Hello, Art. Yes, I'm the one with the IRA. (Traditional.) My wife is 40 and qualifies, but does not have an IRA (yet) of either type--- Traditional or Roth....She only came to the USA in 2003, and we have kept things simpler by not ha…
....But...I just did---at last--- come across this precise wording from the IRS source that Catch22 offered me a day or two ago:
"Contributions can be made to your traditional IRA for
each year that you receive compensation and have not
reached age …
"...Lastly, why own bonds, because they are negatively correlated to stocks? You may not get rich - but you will survive the long term investment game."
I'm "all-in." I don't "trust' the Market, nor this raging bull. And fundamentals have been thrown out the window. The Market is dependent on the Fed and Q.E.-Infinity. I hear about the risk of deflation. Are these people on drugs? Step into a superm…
