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 am told by my ML handholder that etn status is not the reason, but its use of derivatives. Or something like that.
$7 is good; Fido is $5, if I am reading correctly; dunno why I balk, sez the guy who drives 3 miles to save $3 on scotch.
That El…
@Ted,
You can do way better than SPY (cash drag, as uit). Let us compare with the very best, VOO.
Since the day after it launched, 4/7/15, 3-1/3y ago, $10k in XRLV has risen to $15,020 and change.
VOO, which handily beats SPY, has increased to …
@LB,
Roger all about policy and this kind of misguided soul.
14% / yr is a miracle absolutely as well as relatively, but we have all benefited from this literally incredible longlived bull market;
and at the same time no one but Buffet would hav…
immense creation of ill will and hair-raising destruction in order to achieve results since 1977 the same as JNJ or FCNTX:
https://www.newyorker.com/magazine/2018/08/27/paul-singer-doomsday-investor
@MW, yes, for better or worse. I keep looking for uncorrelated alternatives that was not too risky. I have some in PCI but may bail out of that soon. I have to raise a year or three of cash. My greed gets ahead of my prudence (and hence timing) ofte…
Like so many I was too conservative when I shoulda been more equities, but you know this is bull hindsight.
We have all been insanely fortunate to have lived in this time.
I had a lot of balanced and AA things in the 1980s and 1990s, also gogo equ…
@MikeW, at Edelman as with most indies, maybe all, you can get an hour or more of free consult and general back and forth and scope of work for issue areas and all.
I am sure this is followed w gentle sales pings, probably more than one.
So you …
At the risk of publicly burning my libtard library card, I think I am more with @Ted and @BrianW here --- the former was just (to my read) parroting the lede of the article, and the latter (again my interp) was at least partly objecting to the 'Cons…
Edelman does this kind of thing all the time and I have heard various of their CFPs talk (they have a good weekly radio show) about just this subject. However, they are a bit more than 1%, I think. Like any good CFP outfit they are plugged into loca…
Impressive performance for 3y, but I might be jittery going forward about a fund comprising "securities backed by credit card receivables, automobiles, aircraft, student loans, and agency and nonagency residential and commercial mortgages ... also .…
>> Watch your expenses. Invest for the long-term. And never, ever forget about the insidious effect of inflation.
jeez louise, I gotta return to freelance writing
>> My account is seven figures to the better than had I simply put it in an S&P index fund or scattered my monies among a 1001 funds for diversification purposes
so you made an extra million over $76k from outside-the-box decisionmaking
@Junkster, can you point toward the book and magazine articles? If you are up a mil over simple SP500 (is this only a few percent of total assets?) in this bull market (and why were you working at all??), this 71yo would like to study up. Will also …
how long will the recovery from this be?
GWill WaPo
"... left to right, this class has a permanent incentive to run enormous deficits — to charge, through taxation, current voters significantly less than the cost of the government goods and servic…
@Junkster, have you already written about why ST trading of mfunds is ever a good idea, rather than giving the manager(s) a year or three or four to work their approach ?
thanks ... I just ran several rmd scenarios (vanguard calculator) for me and my wife, with a mix of actual and imagined asset totals and returns, and the percents all came in at around 3.65 - 3.8%, which was very interesting.
I mostly want to know…
Yes, and increasingly higher, for God knows what justification --- the base charged fees have gone to 1.1%, 1.25%, and more.
They reduce w/ higher assets; if you turn over millions, they go under 1%, and increasingly well under (marginal).
There a…
Evan Horowitz is good but this is rudimentary
https://www.bostonglobe.com/business/2018/08/12/how-can-you-tell-there-recession-coming-one-sees/qlcDRKLhN4vjiqca0Lp71I/story.html
>> To be clear, Vanguard isn’t predicting a recession; it is merely saying that the odds of one have risen. ... “You could also say the chance of a recession not occurring by the end of 2020 are 60 to 70 percent,” ....
Yawn. Be prepared. Etc…
>> I believe in a balanced portfolio with income producing instruments. My personal AA preference is the "pay your bills first" method which requires income producers. All new investors should consult a financial professional.
Many of whom ma…
