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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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?
@BaluBalu, good luck with PHEFX. I'll be interested to watch how it performs. Looks pretty good out of the gate.
JHQAX is one of the larger pieces in my portfolio. I think of it the same as a good moderate balanced/allocation fund because of its s…
I would disagree @Sven. A second opinion from AI seems to be a great use of artificial intelligence for diagnosing a medical problem. Actually, AI could be the primary opinion and the human doctors would have the secondary, after reviewing AI's con…
Gold's been rocking since the start of October. I'm not heavy into IAU, but I've kept a small percentage since the covid year, ~ 3-4%, for diversification. The last breakout call on this back in April fizzled out quickly. Hope this one sustains. I k…
Most stocks were treading water this morning. Small caps were down the most, well over a percent. At exactly 2:00 p.m., everything took off like a rocket. Amazing, or just leaked information..
@yogibearbull, then is this statement incorrect or does it have a different context?
And for those countries that maintain tax treaties with the US, dividends are paid without foreign withholding.
As stated, this isn't something I deal with, but st…
I don't understand fully this ADR tax, but it doesn't sound like an "extra" tax levied to an individual investor, to me. It sounds like it has been made for the convenience of US investors to be a normal dividend and capital gains tax, same as you w…
@Baseball_Fan, watch Pulp Fiction and any other Quentin Tarantino film when you get a chance. One of his earlier ones, Reservoir Dogs, comes to mind. Intense. Pulp Fiction is one of my all-time favorites. A bit weird maybe in that it seems like mult…
One thing to think about is that it takes time to accumulate $1M. When you are talking about some percentage of the population, most haven't had that time to accumulate and compound. But they will. Percentages only mean something using baby boomers …
I didn't take it as critical @WABAC. Not a bit. And of course you need to stay true to your comfort zone (and grandfather :) ). I'm sure more people feel the same as you.
For me, and I know I may be in the minority, looking under the hood at speci…
So. Are y'all buying a lot of this fund?.....Yes
Do we even know what's in it yet?.... How does the specific break down of stock choices and income matter? Ok, it doesn't matter much to me but I can understand many would like specific holding detail…
I'm following this string even though I I have never tested positive for covid. Something that came to mind:
I understand that vaccines aren't going to stop you from getting any of the covid strains and I know it's value is to limit the effect or s…
Sorry, if I were to choose 1 person I wished was gone from MFO, it wouldn't be FD, but it might be another here if a vote took place. Then again, I ignore that guy too. You can choose to ignore FD's comments, which I do, but he is not malicious, nor…
Thank you for bringing that old post up, @hank. I certainly remember being attacked in that thread for having and opinion that bond funds may be ready to come back and have a good year and future, and that maybe CDs weren't the only investment optio…
Isn't the reason for CD rates dropping the same reason bond funds should increase return? Seems like it may be time to start transitioning back to bond funds (?). What do others think?
If PRCFX is just a more conservative clone to PRWCX, I wonder if owning PRCFX and adding the equity ETF, TCAF, would make it just like PRWCX. Should be an interesting chart to follow.
When this fund is available at Schwab, I'm sure there will be a…
Just a side note to this discussion on Medicare IRMAA. I see IRMAA started in 2003. I wonder what has kept the government from enacting the same type regulation to Social Security? If they did it with Medicare 20 years ago, a precedent, why hasn't i…
Hi @hank. I bought into LCR earlier this year when I pulled a large chunk of money out of my Schwab robo and put it in my self-managed account. Seemed like a "safer" way to stay somewhat in equities while the market was trying to figure things out t…
Holy Sh-t :) . That is a ridiculous amount of new choices!
More than I want to deal with, even if there are some gems to uncover. Problem is, gems usually take quite a while to show their glow.
I have been going more the ETF route using Advantis …
It may not be everyone's cup of tea, but I bought a government agency bond, AA+ rating, at 6.25%, 10 year duration. Callable - yes. Will it last 10 years? Most probably not, But I'll take the rate as long as they want to give it.
I had to go to Google to know what IRMAA is. I guess it means if you are subject to the adjustment, you are more well-off than most people. Appears the government dole is structured so the money goes to the ones who most need it. Hard to argue with…
From the Capital Group summary page for CGDV:
Summary
"Value" refined. Seeks to produce consistent income that exceeds the average yield of the S&P 500 by focusing on companies that pay dividends or have the potential to pay dividends.
Fund Obje…
I would think in-flows into MM is good for banks, no? Sounds from this article that money from (short term) bond funds may be going into MM's, which would make me kind of a contrarian since I have been adding to RSIVX as CD's and treasuries mature.
Thank you @BenWP for the post. I'm already invested in CGDV and CGGO. Out of all these new options, the balanced fund, CGBL, holds the most interest for me.
At this point, these new funds are too new to use the over-lap tool.
https://www.etfrc.c…
Me thinks millennials live in a different world than the rest of us!
Nobel Prize recipient Daniel Kahneman co-authored a 2023 study that found that earning up to $500,000 a year can improve a person's happiness.
Well, duh. I hope he didn't win the …
@yogibearbull, thanks for your work. Can I ask a couple questions so i can not assume I understand the data?
- the SWR gives the "initial" withdrawal for that period? Does it increase yearly for inflation? And finally, it is the withdrawal that wou…
Personally, I'm not interested in SC Growth. Too volatile for me. I'd rather go the value route where valuations are lower. I have held SC Value fund, QRSVX, for a quite a while. Bought into a SCV ETF, AVUV, about a month ago and have been adding sm…
Is there a real thing, gift to a spouse, when they already own 1/2 of everything you do and visa-versa? It doesn't matter (I don't think) if her name alone or both of your names are on the accounts. All your money is joint.
And I don't believe you…
Hi @BenWP. Agree with who-knows-when. Most pundits think if we can get a soft landing, SC's might be the place to be because of their lower "relative" valuation. Another 'who knows' for sure. Right now my percentage in SC's is low and I hold a lot o…
I’ve heard I would have to pay a brokerage fee which I wouldn’t have to in a bank IRA.
I've never paid a fee to buy a CD or treasury at Schwab.
A brokered cd has to be sold to the secondary market
Not sure why anyone would consider selling a CD onc…
CALF looks interesting @Mark. Thanks for sharing. I started adding to small cap value over the past month or two with AVUV (Avantis U.S. SC Value), but you've given me another option to watch.
Invested in CGDV along with CGGO earlier this year.
@Jan, am I understanding correctly? You would rather be in a bank (Ally) CD at 4.5% instead of a brokerage (Fidelity) money market at ~5.2%, and you are worried about brokerage CD's which pay at least an extra 1% over your bank CD - because you want…
