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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
A quick glance @MJG I think shows none of these timing methods are fruitful, but maybe I'm not using the tool or understanding the results correctly. Or, maybe that's your point(?)
Well, it's over. I ended up in 4th place in our office pool. Enough to win $40!!! Both TT and Virginia were deserving I think. Great final. Virginia, I thought, was the best team in the best conference in college basketball. Hard to bet against them…
I've admired this managers skills even way back when he ran FBR Focus. When I moved my retirement money to Schwab back in 2014, I think I remember AKREX had a TF to buy, so decided not to hold it.
Long story short, I noticed no TF at schwab now so…
but my voice has been drowned out by waves of postings and complaints about their frequency.
Ben, keep your voice and just ignore the person(s) you refer to. I always like hearing what others find works for them. It's more personal than an article…
@BenWP, I don't follow MOAT but I've seen it mentioned (very little) here at MFO in the past. A quick glance in M* shows it to be a pretty nice fund. But, "clocked' DSENX? In 2018 maybe. But in any case, both strategies seem successful in comparison…
I'm not seeing the intrigue for owning preferred stocks unless it is strictly for income. I don't see their use in a total return portfolio. Especially from what the article says, the assets are vulnerable in a rising interest rate environment.
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@Crash, I own it too, but you have to realize this is not a true multisector bond fund. It's a niche fund by the fund management's own description. Junkster played the bank loan trend with this fund but I believe he knew when it's trend had stopped …
Well @Old_Joe, Art Cashin agrees with you. It is ironic the stock went up. (I enjoy his daily narratives).
https://www.cnbc.com/video/2019/04/04/cashin-bull-narrative-holding-so-far.html
Agree @Old_Joe, we sometimes have to pay for a restful sleep :) Yes, Hank always makes good points.
I mentioned the 50-40-10 mix in my earlier note, but that was just a random choice to present my point. Another good reason to hold that 2, 3 or 4 …
But you’re farther ahead during up markets by having 100% invested (includes allocations to cash / bonds).
@Hank, I don't disagree with that statement. Just some thoughts: buckets for me are really just a frame of mind, a way to delineate. The cash …
1-2y true cash may be a little scant, though I just commenced moves to result in 5y cash or bonds and that seems excessive, some days
@davidrmoran, I've gone back and forth with myself what that 'number of years' cash bucket should be also. I was in…
@Old_Joe, FWIW, this article was posted a few days ago. An ETF convertible bond fund. I looked at it quickly but not interested at this time.
https://www.marketwatch.com/story/a-bond-etf-with-an-equity-feel-2019-03-29-1246451/print
For the heck of it, I took the year by year performance data from this strategy and broke it into 2 segments, 1998-2007 and 2008-4/30/17 (that's where the data ends). The system seems to have 2 different results. Market Edge '98-'07 returned 16.7% v…
Certainly this is beyond a robo type service.
Charles Schwab's announcement Thursday that it was moving from an assets-under-management fee to a flat monthly charge for its robo adviser sent shock waves throughout the industry.
I think it is tied t…
I still have 6 teams also OS. Didn't pick Purdue or Auburn to get this far. Have the same final 4 as you. Virginia the champ. I sit 4th out of 20 in the office pool. Feeling good about that. I get to trash talk those young whipper-snappers I work wi…
Just a clarification as I understand it, Schwab Intelligent Portfolios (robos) don't have a fee at all to own (Schwab makes its money in robos by using many Schwab ETFs and placing a substantial cash portion of the portfolio in their their own savin…
I have a different take on HC. Health Care is one segment of the market I would not sell now and would think of adding to, IMHO. HC has already dropped and has been the slowest of sectors to recover. HC is said to be somewhat recession proof and th…
Used to love the Orioles, Rochester's Parent club when I was a kid. Frank and Brooks Robinson, Boog Powell, Jim Palmer, McNally, Bobby Grich, Belanger, Blair, Buford. Crazy I can still remember all the names. Used to read box scores while having bre…
The way I took it @Hank, it is not about a balance or net-sum between average investors, but more about average-Joe investor getting out and in at the wrong times due to emotional investing. Average-Joe will lose to the stock market index in that sc…
Not sure why people are responding based on a title without understanding what she said. @VintageFreak, are you 30 years old? If not she is not speaking to or about you.
Another article where the title does not represent the content in the article. The content is all about making indiscriminate short-view trades can harm your returns. It implies, I guess, looking at your portfolio every day could cause that to happe…
Orman is responding to a question about 20 and 30 year olds "RETIRING"! I think she is probably right on the money with that statement since they will be foregoing 30-40 years worth of paychecks from a job. Just a poorly written article. The article…
Hmm, thought I already read this. A good one worth reading again. You posted it 4 days ago too.
https://www.morningstar.com/articles/920390/3-retirement-bucket-portfolios-for-minimalists.html
Thanks for the list @MJG. I may take it shopping with me and try a couple of them. A little leary about the list though since I see a few that I wouldn't call tier one beers. Blue Moon, New Castle? Come-on-man.
I like a good stout and Samuel Smith Oatmeal Stout is my fave. For those who like Porters, like myself, Great Lakes Brewery in Cleveland makes a very good one called Edmund Fitzgerald Porter, but I've had many good ones. Agree on tha Sam Adams Lager…
Should be a great game @Crash. Duke, NC and Virginia are the top dogs in the ACC, but Florida State is right there too in a loaded league. I have the Zags losing to Virginia in the final in my pool.
