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.
I don't like or dislike the guy either, and don't much care about his predictions. (I believe he invests chiefly in bonds, fwiw.) But as an aspiringly informed citizen, I am keenly interested in the vast data historical and global he gathers showing…
Except the other side of this coin has been mostly wrong (and on key points) for as long as anyone can remember. You cite an interview by a George Mason type, from 06 no less; let us look at Bloomberg:
http://www.bloomberg.com/news/2013-08-09/was-m…
The link for more econ wonk data stuff than most can fully follow is
http://krugman.blogs.nytimes.com/
And there is excellent new stuff tonight, but just scroll down for the last few weeks, or more.
Progressive only if you don't know that realit…
Thanks for your civil and gracious and thoughtful response; appreciated.
However, you may generalize about (and indeed dislike as many do) Krugman as you wish and attempt to view him merely as a preacher of arguable viewpoints --- except that he is…
Tb, sorry, where are Vanguard funds in any of this fool article? What am I missing? Their balanced funds actually tick no better or more consistently than the other good balanced funds.
How do articles this lameass get published? If Goldberg is go…
I looked at RGHVX lagging performance in each of as many dip periods as I could, granular and higher-level, brief and less brief, and have decided to bail, fwiw (and it's not included in the above website obvs).
They once wrote
\\\ Objective and …
>> ignited the formation of this country based on an individuals right to bitch about taxes (Boston Bay Tea Party).
Not quite a sophisticated reading of the history or the events or the reasons.
This is sort of a start, and droll as well:
w…
If you really want to get into it at the wonk level (for me anyway), study these:
http://krugman.blogs.nytimes.com/2011/10/30/a-volcker-moment-indeed-slightly-wonkish/
http://www.businessinsider.com/goldman-janet-yellen-has-endorsed-ngdplt-in-all-…
M - I don't know why it would or has to be next to impossible. Nothing about steak and lobster; just being 'on your own'. Even with halved rent, whatever amount that came to, if you as a family of three (or four if a partner) lived in 1k a month, fo…
It will never get passed, and in any case would make no particular difference except perhaps to heirs, or your tax bill, or if you're so wealthy you would have left things alone indefinitely. In other words, it has no immediate tax effect, and simpl…
>> If a person was to retire now or in the future before medicare/medicade kicks in that would be a significant cost that would impact the $1M question.
Too true, but ACA has nothing to do with it, and in fact has made this scenario quite a b…
Junk, given possibly adequate resources it often does come down to a mental health / anxiety issue, and there are many articles that address exactly this. If you're such a hiker, though, I would bet your soul is in reasonable shape.
You can step u…
Oh, sure, sorry to have sounded ignorant; I just meant that I myself would have gone (and did go) to great lengths to convert into a Roth, if at all possible, even late. I worked my whole life until a couple years ago, so I know how if you save, it …
I would never have had or kept so much in a traditional IRA, so I missed that; sorry.
Naturally if you have >$1.3M in such an IRA, you're probably going to do all right regardless, even on the coasts, esp if you're frugal.
Having grown up in a…
Well, if you pay 18k a year in property taxes (not uncommon on the coasts, not talking mansions either), if you want to do any traveling, if you pay for longterm-care insurance, and/or a host of other ifs, it's easy to need more than 50k. Naive or n…
Can someone do the simple arithmetic and see whether change in $10k conforms or not? Is this possible to do? It is easy to imagine someone on the phone does not fully comprehend either.
I think I might, though 7y is bucket 3, so to speak, meaning that's where I do all equities. He said. Not thinking of his wife.
It is open to the public, not just SC renters.
Scott:
I know this will seem total shilling, but dealing with SC was the…
>> Vanguard Balanced Funds for ANY Market
Why anyone would choose that fund over GLRBX, JABAX, FPACX, and/or ICMBX is baffling. (Also probably MAPOX, I did not check; used to be not available everywhere.) Check the performance for any period …
>> Skills in those 12-16 school years of reading history, Geography, whatever, when they get into the workforce they have a marketable skills,then they can get up every morning and go to work, make money, pay their bills, spend some money, sa…
All good thoughts.
I dropped ARLSX a while ago, just because I did not care for how it behaved, and put the moneys into RGHVX and GLRBX. You might check them out; I would recommend the latter over the allocation funds already mentioned. RGHVX I am …
Prius or Camry. I have owned several of each. Can't beat 'em. I would buy a fourth Prius in a heartbeat. Cheap, zero maintenance (almost), roomy, greenish, and did I say cheap?
>> My rationale for being in managed equity funds rather than index products is a hope to be able to beat the index approach on both up and down periods, and I wanted to see if any funds managed to outperform the indexes on the down side.
Ri…
@scott:
>> L/S funds are not going to shield you from every move lower in a market.
Oh, sure. I just expect them not to double the decline of SPY the last 2-3 mos like some crazy x2 etf.
>> (re)learning this lesson to my dismay
oh, hear. I thought I was the only one. Chasing rich-neighbor tips, for example, over the decades.
I am sticking with RGHVX for now for all the reasons cited and I honor their previous history. But …
Yes, meaning please do whatever is easiest for you and your colleagues, and name folders as you see fit. If a deadish category suddenly has a lot of comment after 3 days, so be it. Rand's pernicious 'influence' today, for example :)
If problematic,…
Yes, I meant nothing fancy, just 2-3 folders, for dead and winding down. Reversible too, ideally. No links, no moderation maybe, as automated as feasible. Dropping 0 or 1 response after 48h alone would be a start.
I guess I shoulda said I was also talking about Ray Gun, a second pernicious fraud. BO is to the right of him, actually, since nobody but nobody remembers that Ray Gun:
- raised taxes on a large scale four times
- made a decision to cut and run fr…
BW, presumably you are here because you invest. What kind of shape would we all be in financially if, in 08 and 09 and after, there had been zero gov TBTF help (should I use sarcastic quotes around help? gosh, I dunno), do you think?
I also speak …
