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.
@Simon
Yes to your observations.........the linked site is not an investment site; but a catch-all site for various stories in the hope of ad-click $, IMO. Many other features at the site are dead end and some from 2018.
The FSMEX info is incorrect…
@newgirl
You're at a good place here, to learn and absorb.
Possibly boring whomever here should never be a consideration for any comment or question.
I've been playing with investments to the meaningful side of life since the early '70's and would…
Morn'in @Mark
Kinda strange many times where these folks (in this case, your Greg Carlson notation) obtain their take or bias or whatever helps them form an opinion. I don't understand his statement about Fidelity management of this fund, FBALX. Pe…
@Crash
Fidelity minimum is $500.
Are you trying to buy this through your brokerage where your IRA or taxable accounts are held? Have you tried a test purchase there? OR is it stated at your brokerage that $100K is the minimum?
There are a number o…
@MikeM
You noted: "If you are speaking of leaving a Roth for inheritance, what I read is Roth's are now the preferred option over IRAs and 401k's for leaving an inheritance."
The problem being is that the overwhelming number of individual investors …
@Crash
JABAX is an advisor/broker fund offering. The clue is an A, B or C before the X in the ticker, generally speaking, which has been used for load share classes of funds. This fund is now noted as a "T" type as part of the changes for fiduciary …
So, she doesn't want us to sell our equity in what may or may not be a crash; this is surely a bad move. But, she wants us either at the start of or fully into a market crash to become involved in her 4 choices.
So, bond prices would likely already…
Do your 401k plans have any special requirements to withdraw the money? This question could apply to whomever is receiving the rollover.
One of our rollovers to an existing T-IRA required that Fidelity provide a "letter of acceptance" to the 401k c…
@stillers
I agree with your observation of FBALX. At .53% E.R. and a since inception (1986) annualized return of about 9.3%; well, if one is doing better than this, then stick with your plan. If one wants to retire from meddling with their portfolio…
@Crash
Not quite sure what you mean by convert T-IRA money into taxable accounts. I will presume you mean an investment account that is non-sheltered.
Well, it you need the money, you need the money.
If I need extra cash for whatever reason from …
Hi @rforno
I didn't provide proper detail as to my "app" question, apologizes for my error.
I'm referring to add-on apps, not a VPN app; that are widely used with smart phones, as a printer app, WhatsApp, flashlight app, game apps, etc.; and the pe…
Hi @rforno
Are you aware of breaches in smart phones as a result of the "permissions" needed for folks to have use of a particular "app".
I'm sure most folks are not aware of the "permission" feature needed to run an "app".
Thank you for your time…
Agree with msf.
From my looking about at M*, most mutual funds retain 2019 and prior year numbers properly as of Jan. 1. ETF's returns have already rotated numbers (apparently at midnight) and show 0% for YTD (being 2020 reference).
Hi @davidrmoran
Investing one's hard earned monies could be a game named, "Whattdaya you know?"
Not unlike many monetary items, including high priced items; I still don't understand why folks don't take the time to get smarter about their money and…
@msf
Thank you for your time and observations.
This whole pension tax process (May 2011 - Jan. 2012) was a 3 ring, government circus event, to the max; including the last minute rush to provide legal language to the CPA's, etc. Michigan's newly ele…
Hi @hank
Thank you for your added information.
NOTE: this conversation is not fully in line with this post subject,except to the point of current and/or future taxation regarding the tax status of retirement monies, as to how variations exist withi…
Hi @hank , et al
For withdrawals at Fidelity, be they from a taxable account or from a T-IRA, the account owner decides from a drop down menu whether or not to have any federal or state taxes withheld; and if withholding is chosen, at what percen…
Hi and Welcome to MFO @dtconroe
You noted: "in 2020 she is required to begin her RMD process. Our approach to RMDs, is to take the total RMD amount at the beginning of the calendar year.
--- If 2020 is the first year for RMD, the money doesn't have …
Uhhhh.........@johnN
A U.K. article, which doesn't imply bad advice about fees; but reading the article is also subscriber based, when selecting the top implied link to use from your link. Tis understood that fees for advice vary and one has to weig…
Hi @davfor
Thank you for the post. And yes, except for those who peek no more than once a year for re-balance purposes; close to being a bit scary for YTD returns. Our bond fund holding (and most bond funds in general) have been very happy for the m…
@Derf
Yes, I did misunderstand your question. As @Old_Joe noted, that the feature has always been available; but from the public messages I have seen, I questioned whether everyone understood the difference between the two message types.
Public mes…
@Derf
Are you asking whether I have a public or private from you?
I do not.
The only notification I received via email through MFO personal settings, is that you had commented upon my discussion.
The Secure Act legislation was posted here in June, but with little fanfare; but with some further discussion more recently.
To the personal side for this house, I presented written concern for the stretched IRA provision to our 2 senators; as thi…
Hi @hank
OK, finished some early chores and coffee gone.
The numbers from the posted link seem large, but in the overall; may not mean much when related just to the IRA and 401K holdings (i didn't check 403b, but this amount is likely very large,…
Uhhhh, okay; requesting clarification as to "who or what" does the term "investor" refer to in the linked article.
If one reads the dollar amounts in the article and assumes these money amounts are for U.S. individual/retail investors (like members…
@Gary
This may not apply to you; but perhaps for whomever..................
If a spouse is not working, the other spouse may provide funding to a spousal Roth, etc.
The link below also provides contribution limits, and other info.
See this IRS page…
Being of sanity in today's world is NOT O.T.
Wife and I just talked about him yesterday after watching PBS news hour with Judy. The CNN Capitalgang was well done. Jim Lehrer of PBS news hour in the way back years, previous with Robert MacNeil was o…
From the linked web site:
"MoneyCheck is a fast-growing online publication launched in 2018 with the aim of covering personal finance and investment news.
Our goal is to simplify and explain in clear language, what can be a confusing jumble of ter…
@Mark Thank you for your additions.
Yup, that covers the ground of interest to me for this super plan..............F*%# !!!
This was the only recent legislation that prompted me to contact my senators (they would have voted on this separate bill) …
Hi @Derf
Actually, just doing cup #2 of the coffee thing. Was outside for a bit, but too damn cold today. So, I'm a bit in a mood from the cold. Will you please ask Canada to stop with the cold air; or at least don't let your state past it across La…
@johnN
You first link is in reference to the "post" money pump after the market melt. These actions continue today with the BOJ having direct investment into their equity markets. The ECB also continues to "prop" some market sectors. 'Course, all …
Thank you, @msf ; for the update info regarding this legislation.
From the article: "Congress just agreed to a bipartisan appropriations bill that will help avert another government shutdown. However, attached to the spending bill is a piece of le…
