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.
From the article:
“This is an unusual January,” Joseph Quinlan, chief market strategist at U.S. Trust Bank of America Private Wealth Management, which invests more than $300 billion, said in a phone interview from New York. “We’re right on the kni…
Reply to @DavidMMP:
The numbers:
******* 1 yr 3 yr 5 yr 10 yr *****YTD
PRHSX 51.4***30.4***27.8***15.3******6.9
SHSAX 44.1***21.8***19.8***13.2 ******3.5
FBIOX 65.6***38.8***27***14.3******13.1
IBB 65.5…
From the article: "The average monthly Social Security payout for retired workers is $1,269."
I don't know whether this is gross or net; but likely the person has also signed for Medicare, which will pull $100/month out of the SS payment.
Also, a …
Hi Max,
Disclaimer: I am not a tax attorney; nor do I act as one in any public place, movie or tv program.
First, I will presume you read the whole transcript including the below directly regarding 403b's.
From the text:
Benz: I'd like to d…
Jay Leno, July 2009. This story is related to a tv program he did regarding the 3D printer for making parts for one of his old steam powered autos. Being an auto fan, I happen to be watching the program
My guess would be towards Mr. Leno having s…
Hi JohnChisum,
I posted this previous:
1. Kill the value of the Yen.....inflating import prices on all products.
2. A new sales tax to take place in April, 2014
Their currency being killed is going to raise inflation; but that doesn't spell succe…
Howdy PopTart,
Don't recall whether you have direct access to Fidelity or not.
Anyway.....
FBTCX is an advisory share class (high fees/load). Fido has a retail FBIOX; and you may choose to look at the more diverse FSPHX.....33% biotech mixed with…
Hi Ted,
Your question: "Doesn't the snow blower damage the wood on Hank's deck and your roof ?"
Excellent question.
I should have mentioned that the small gas powered snowblower was fairly light and easy to handle. But, yes; I had to be very caref…
Hi hank,
Thanks for the roof video. I did this only once in the last 30 years, too. When we had a 16" single stage snowblower that I could "skid" up an an extension ladder in the year 2000. We had a nasty northeastern storm off of Lake Huron that d…
Morn'in Ted,
I liked that......thanks, a good one.
As to Twitter, I am taking all precautions in the bitter Michigan cold that I don't get frostbite on my Twitter; although a neighbor reportedly did have such a problem.
One can not be over-cauti…
Reply to @cman:
Obviously, I can not assume or answer to who has knowledge of or cares about asset allocation among those who post or only read at this site.
You have the presumption that AA has not been discussed here. You should start a thread o…
At the least, I am curious to read responses to most topics. Mark, your subject header for this post should at least draw a high view rate.
Take care of you and yours.
Catch
Howdy mrdarcey,
You noted: " In accumulation phase, asset allocation is 90% of the battle. MFO is great for phase two -- picking funds, particularly risk aware funds -- but @cman is correct, people don't really discuss AA much here."
My memory sur…
Reply to @cman:
You noted previous: 4. The above suggests a primarily passive portfolio designed for the next few decades while you focus on accumulation.
>>>>>I read that this may be your suggestion for a passive portfolio; appar…
Reply to @cman:
Based upon tp2006's active managed fund list that he posted and what he has also noted elsewhere in this thread about allocation percentages into various sectors; I am surprised that you have not offered an index/etf selection to f…
Morn'in scott,
I've raised my oversized coffee cup to clink against your Diet Coke container.
You noted: "It's just all such ultra short-term thinking and ADHD investing. You have a pile-in on a certain theme (short yen) and the second it turns t…
Howdy tp2006,
Welcome to MFO.
Are your existing funds (your list) tax sheltered monies (IRA, 401k, etc.) and will this be the case with some of the new money? I will presume most of the new money would be in taxable accounts, however; both you an…
Morn'in Junkster,
Glad that you're helping keep everyone on the ball about investing (bonds).
Tis understandable that likely the majority of investors are equity-centered. The majority of business news and what the general public does and has see…
Howdy Derf,
'Course, wondering what the historical record of a "temporary" tax that lasts forever....yes, indeed.
So, would this gubiner candidate try to tax into/inside the 403b's and related? Ya, right. I sure would like to ask him a direct quest…
Hi mnzdedwards,
PIMIX is almost 7 years old and the life of fund return = 10.35%.
Don't know anyone who could complain about the return.
Yes, the fund has a high turnover and they play with all of the tools to achieve the returns. One can either g…
As noted in the press release:
"Portfolio management will be strengthened by the appointment of the Managing Directors Andrew Balls and Daniel Ivascyn as Deputy Chief Investment Officers."
Relative to some Pimco portfolios, I am more concerned wit…
Morn'in scott,
You noted: "To me the Japan trade is really being a tourist (and the second things go wrong, all the tourists will flee) and trying a trade rather than investing. Might Japan stocks continue higher? Sure, but I do not see fundamental…
Hi Bee,
We held this fund during part of 2010. A real "watcher" indeed. I would rather use my time trading etf's, if I (me personally) really thought I knew what I was doing with frequent trading.
I liked the holdings mix and read about Mr. Barish …
Howdy fundalarm/JR,
Hope all is well with you and yours.
Re: Japan and perhaps a remaining decent play for we small retail investors continues to be DXJ for combining equity and currency hedging.
'Course the big run for Japan began in Oct. 2012; …
Howdy mikes425,
You noted: "It's painful to watch bond funds mute any returns on the equity side. Hype or not as far as the near-term financial noise - it is impacting me daily in the NAV losses on positions like the BTZ - and anything with the lon…
Hey Old_Joe,
How the heck are you two out your way?
You noted: " One demurral, if you don't mind: I surely can't speak for our entire generation, but my wife and I certainly do remember the lessons of frugality as practiced by our parents, and the…
Hi scott,
Yes, we've chewed over this for several years, eh? I wish that more folks we get their head in place about proper spending habits; but I don't see this happening on a grand scale. Some have been forced to re-think this area over the past …
