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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.
you can read only the first two paragraphs to catch the suffering
https://www.newyorker.com/news/dispatch/the-small-town-cost-of-donald-trumps-trade-wars
@msf,
Presumably you heard this:
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DAVID MORAN
Account ending in ____
Beginning the week of January 14,1 you'll be able to choose the category where you want to earn 3% cash bac…
>> each have performed well at different times with different fund ideologies and different managers. For me, the benefits of owning one will complement the downside of the other(s).
? Can you elaborate? Looks like marked, overlay-level corr…
At 43, I'm riding this out and adding each month. Already have a high % of cash, but don't have good enough karma to dump it all at once. Appreciate the voices of more experienced investors here.
yes, at 43, try and ride out anything
I would consi…
@Ted, I've been buying 1 years through Schwab with similar yields. At least one of them sounds pretty far from home, Bank of Hapoalim. No idea where that is but guessing India also. They are all FDIC insured.
Israel !
rom the FNSXX prospectus:
“Shares of the fund are available only to accounts beneficially owned by natural persons."
As opposed to “unnatural persons”? :)
as opposed to 'legal person', which is (can be) an org
Huh? There was broad and slight decline before 9/08, sure, but Monday 9/15/08 is the point of the gulping, newsmaking drop. Some of us remember it vividly.
For SP500, breakeven was achieved toward the end of 4/10, as I said. ~20mo.
Further break…
Slightly OT, but has anyone used NewRetirement's simple retirement (do I have enough?) calculator??
It is unbelievably pessimistic even on its optimistic setting, compared with other calculators, and I am curious why.
MP is not a true or usual LCG, more LCB (M*) or MC core (Lipper), and moreover has had a strong regional bias (upper Midwest companies). It is not all that high-rated as it once was, but if you are going to hold it, it's unlikely you will go wrong.
>> value-driven ... in a rather unusual way
>> so long as they were only "somewhat" overpriced as compared with their historical "exceedingly" overpriced.
very good
should propose to Lipper a new category, ULCV
M* has screwed up the categorizations of DSE_X, from the getgo, I think.
It algorithmically churns SP500, as CAPE-plus vehicle, so never ever SC. LCV is always reasonable, since valuation drives the algorithm.
You can always roll your own, 50-50 or 25-75 or whatever w/ PONAX and DSENX (or SCHD or CAPE or whatever) and call it a day; still a distant horizon at 50y.
@willmatt72
>> willing to give up some gains over the long term and sleep well at night.
Sure, if holding some bonds somehow for 10-15y gives better mental health than simply being in VT or VT plus, say, some US-oriented tweaks (SCHD etc), g…
Sorry to be dense or seem argumentative, but what rollercoaster ride with a horizon like that? Just buy and hold and don't watch. Yes to SCHD, always, or its competitors.
I would never turn to balanced unless sleep-at-night is a chief driver.
@willmatt72
>> wasn't comfortable with my equity exposure in certain sectors
So not dialing down but shifting to other equity areas?
Or selling equity holdings altogether and going to cash or bonds or RE?
It is the latter that I would sug…
Well, NYT Maureen Dowd in a love note today also lists just some of the serious shortcomings:
... he beat Michael Dukakis with the race-baiting Willie Horton campaign designed by Lee Atwater and Roger Ailes. ... sent his national security adviser,…
Oh, sure. I have just always noted that over those timespans you do about as well or better w/ any SP500 etf, or DODGX, or by rolling your own using other steadies like BRK.A, Costco, or one of my favorite oldies nobody knows about or covers, Barnes…
I have never regretted buying and holding Apple, and I always like BoA on dips. But I have been reading for 40y how JnJ is almost always a buy, a good buy, or better than that. Yet just graph its performance against any better equity fund or ETF.
