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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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
>> The government can be relied upon to screw up the simple task
Jeez. You need to meet more public sector employees maybe, like a cop or a schoolteacher or a DoD proposal writer or a Darpa PM. Or a highway worker. It is not like the gov is …
Ralph may be lucky to have you.
In 1983 or so, some Japanese CD company, after Sony and its CDP101, did an early release of a fancy CDP model with this new feature --- random play. (You might see where this is going.) When you pushed that button, t…
I think I could enjoy being bored on islands Harris and Lewis, then around Loch Maree, before heading to a given hill town somewhere south of Florence. Maybe stop in the south of France.
Crash, Mass. friends who had terrible time w the state exchange now tell me it is much fixed and mostly smooth sailing --- have you revisited to check if your situation might be worth swinging back? Just a thought, not arguing your experience.
>> I dispute the assertion that a retire with a 15-year time horizon would not want to own some equities.
I think he was implying individual stocks and all equities, not bonds only.
I myself dispute it even if that is what he was implying. …
Man, so much violent agreement. Of course it depends on direness of individual situation. Who has said otherwise. If you must have it so as not to be on the street, well, duh.
That does not apply to most of the frugal and smart types here, I bet.
…
Check the schwab lines and crossing points, halfway down this page:
http://www.schwab.com/public/schwab/nn/articles/When-Should-You-Take-Social-Security
The amounts are so much higher when you wait, seems like a no-brainer if you can swing it from o…
I drive in Mass. and the roads are not good, at least the state and town roads, not at all. Awful and worsening. I am spending a week-plus in a month in my native state of Ohio, so I now can dread those roads too. Infrastructure, man. What a lost op…
l5b --- the big things were just the ones all in the news, fighters and similar that nobody now wants etc., that should have been canceled some time ago. Depressing.
BW, can you go on a little bit about public policy, how different, why farsightedn…
I don't think I added it later, but apologies if I am misremembering.
Why are Georgia roads in such good shape? It leads in some other areas for the region too, I know that.
Not following. I have not corrected myself in this thread, not trying to fool anyone.
I was quoting an assertion from BrianW. The evidence of actual gov efficiency and low waste is too vast to cite easily; it has been studied to death, and you can …
The Lehman bonds I was referring to and lost considerable moneys on were not InterNotes but notionally solid and safe corporate bonds, tradable, brokerage-sold, etc.: GCB LBH inc NIKKEI 225. Issued 2003.
Thanks v much (as always) for SC further det…
>> Clean up the waste in Government and the voters will gladly give more if needed.
BW, that actually has been studied pretty extensively and the data show, DoD programs aside, that gov waste, the popular idea that big gov is inefficient and…
The M* thrall toward VDIGX just won't quit. Look at its performance since a likely start date per this article, say April 09, and compare it with DVY, SDY, PRBLX, and YACKX. Man.
>> all these media spots that tell you to wait on SS is being run by the govt in hopes that there will be less payout? I cannot be the only one that has noticed we are inundated with this idea.
If there is any plan, it is to get people more …
>> Are you seriously suggesting that this poor fellow put $100,000 into a single bond offering issued by this company?
Sure. Have you slogged through the details of many corporate bond prospectuses?
Thanks for the official rating info, and y…
SolarCity; had mentioned it earlier (sorry)
https://solarbonds.solarcity.com/available-bonds/
I am sure there are others, but this is a v good outfit, I know from experience.
>> If OC was the law before my retiring I may have had second thoughts.
Dex, when you were running the numbers at 51 for healthcare costs until Medicare, what did you plug in and what did you base them on? Was your nonjob private insurance …
Incredible research, msf; tyvm. I did not even get burned then, or not badly, though I sure as hell did with my other 08-09 follies. I just got tired of listening to Weitz smooch Buffett and even tireder of M*. Its dislikes furthermore are just as s…
I would think the odds of loss in any of these worthy funds over the next 5y to be nontrivial, no matter what they do, even, you know, BERIX and FPA. So I would stick a hundred thou, or even more, into SC 4% bonds, and make a few thou against inflat…
I wonder about recency problems in such articles, how old Carlson is and what he himself has invested in or followed historically. Weitz had spectacular results in the later 1990s, I know firsthand, and made his name bigtime. So I was curious to see…
msf,
Would it had been able to continue. Some things are beyond the help of policy, or almost, so yay JJacobs for sure. I spent a weekend in Rochester last fall (went to the U of R) and it is still suffering for real. Others undoubtedly are worse.
>> stock-like returns with bond-like drawdown
except for those like GLRBX who are shallower as to drawdown. So do the Alpha James family get lotsa Ps from M*? Should they? Continuous tenure as opposed to VWINX. What do you think the M* People…
>> These folks seem to have the magic formula
As always, what do you mean by 'these folks'? The mandate for the fund? The Vanguard cachet? The secret handshake handed down? The Vanguard algorithms? What?
Mona, a good point, especially with different managers. But with the slightly deeper 08-09 dip followed by faster bounceback, probably attributable to megacap orientation (?)
I also wonder if Ted's listing would hold for the VWIAX Admiral shares, s…
A couple of posters have pinged me to add that they did not know of this fund and M* has not done deep reporting, so below are some news/interview items, two of them dated a bit, and I think the fees were reported too high.
http://online.barrons.co…
One of the wingnut themes recently widespread out of Baltimore and elsewhere is the supposed failure of the 50yo War on Poverty, along with something about Those People the Takers.
Actually, here are the CEA facts about its success:
https://www.w…
Well, since 1997, if you go by years per M*, each has outperformed the other exactly half the time (also GLRBX ytd if anyone cares about shorter-term). (True, I shoulda looked all the way back to 1991.) I also was weighting its superior dip performa…
>> not like we have a lot of really good choices
I certainly do not sense this forum has any leftward lean, or even that much of a quaint progressive lean, but regardless, there is waaaay to much false equivalence and automatic 'both are bad…
BW, wow, get a grip, or at least some facts. About anything having to do with the parties' influences, outcomes, consequences. Whether you hate Dems or not. Worst, lolz.
msf, could not believe you wrote this:
\\\ decline of many northeast and midw…
>> always seek out segments within the markets that appear to be undervalued,
Ah, so that's the secret. Thank goodness someone put it into words :) .
What DSENX tries to do with a system. Not to mention hundreds of other value funds (and man…
Man, this is amazing thread content.
>> In 2007 I developed a bad toothache and I went in. Guess what? I needed a crown. My procedure was painful. Haven't been back to a dentist since.
Try subbing in any combo of investment decisions and a…
