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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.
Whoa, I am gonna get out of all indexed holdings, go to active only, plus emerging only. I just know that will prove better by 2022, so I can laugh at all diversified and balanced chumps.
MJG, point taken about asymmetry. As a sometime stats editor, I used to like to throw out high and low, in order to bell-curve things a little bit more, but today that's not so kosher. The Shaq quip was from Robert Reich, with a different average, a…
I believe I see some improvement, with journalists of all sorts more and more (maybe it's their eds :) ) using median instead of mean (=average). Median has its own problems, but not like the usual ones with average or mean, as in Shaq's and my aver…
The chief thing I took from the piece is how short bear markets are, or at least not long. And of course you ought not to have moneys you will need nearterm in equities (he said).
I was going to switch my retirement buckets 0 and 1, or part of them, from cash to FLRN, FLOT, BSCF, and BOND, commissionfree, but the extra money difference does not look that all that compelling even for significant sums.
This is pretty confused; I think the guy doesn't fully know the subject. Why separate out regions and grapes in such a confusing manner? They overlap. A true taxonomy would be cool, and has probably been done elsewhere with complex arrows: white bur…
>> 45 years it has returned essentially what the stock market has returned,
I must be missing something. Since origin, summer 1970, it has more than doubled SP500.
Wellington and DODBX have done notably better, but Windsor, FCNTX, and SEQ…
I read coverage that said its product measured higher than others and factory workers were interviewed who said that is why it was cheaper. This is all like thirdhand.
I don't know the levels of formaldehyde measured offgassing from this evil flooring, but I can say that the UFFI insulation megillah 35y ago was complete bullshit. You could have
Thanks much for flagging this, very interesting, especially when you graph the two since inception against VOO and RSP. His arguments appear thoughtful. Will be intriguing to see how TUTT does against DSENX and, oh, some-of-everything AOA.
It has done very well since that article too, better than stellar funds we all know and love. Maybe I will dive in :) .
See also:
http://www.washingtonpost.com/blogs/reliable-source/wp/2015/01/23/mysterious-d-c-mogul-steve-rales-is-behind-oscar-nom…
I have already posted about doubling down on REXX and ARWR, but recently in farther-term retirement accounts I sold 3/4-size chunks of FLPSX, PRBLX, YAFFX, sundry Asian funds, and OAKIX, and put all of the moneys into DSENX. Adding to existing holdi…
No, actually, I was thinking of 2011 and 2012, when I owned both, and FBALX did have comparatively more of a growth tilt than PRWCX. (You can look it up.)
@linter: I don't look at short-term performance, and specifically was thinking about its having more of a growth tilt, plus double the activity of active management. But upon analyzing PRWCX further, I see that it is pretty much the same, with half …
@Hank, Giroux's work, starting 6/06, may be somewhat different from other allocation funds, or so they claim, but closely analyze its opportunistic performance since then, especially during hard times, compared with similarly opportunistic GLRBX, IC…
Interesting that, and how, you manage to manage it. A kind of reactive rebalancing. It is the very essence of counterproductivity, but must be fun!
Is your thinking to add, subtract, or hold as is? Or just play along?
I get it to work overall, pretty much, although the search DB is sketchy; try entering AOA or AOK after finding them in the list. Also it would be good to hold the row of column heds, else repeat it every dozen or so fund rows.
Ah, I see search doe…
@Skeet:
Not that this would be of interest, but I think there are studies backing up this investopedia entry, though I am having trouble finding them; will plug onward:
\\\ ... there's no magical "right" number of mutual funds for your portfolio.…
I have put money into RSP and have no complaints. The differences are not large but over time I suppose they could be. For indexing I do like SCHD (Schwab) more than VOO and more than low-vol etfs. In other words I do not use them around the edges a…
Bee,
Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking ab…
Didn't know the Herald was still afloat (j/k), but a regular reader of it might find this NYDailyNews summary pretty amusing about the slug RG:
http://www.nydailynews.com/opinion/wayne-barrett-rudy-giuliani-love-article-1.2122253
Well, heck, they all do, moron Giuliani to the contrary. Low bar. We need higher bars. Not that guy. Like that's a clear criterion anyway.
What a prize idiot, and how irresponsible to charge in this day and age.
>> a day earlier at New York'…
slow news day, an unworthy makework article even by CJ's low low low standards; pull you money according to properly gauged performance over time in tough markets, and ignore what they say unless substantive. Even good manager blather like this, so …
OJ, the only point of importance here is that if you use the Costco member card to do your charging, you get nothing extra, that's all. It does not even help your membership fee to stick with it compared with an Amex card. If you use an Amex card, y…
Roger and tnx. Being completely in retirement, I use GLRBX for that purpose, my needs-dip-protection bucket. Sometimes too a bit of AOR / AOM, free at ML. Am looking at FTBFX, BOND, and AOK for sooner moneys. Dislike holding lots of cash but it may …
>> Fidelity 2% Amex (FIA - a BofA subsidiary)
Really. I did not know that. I am always looking for usable tie-ins b/w Fido and BoA/ML, as I use nothing else.
I now employ the Fido Amex card for everything because of the 2% into my Fido accou…
