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.
@hawkmountain
You noted: "VUG which has some cool things in it a kid might recognize" YES!!!
Have had this same discussion with a "teen" (yes, we know they think they know everything they need know......just ask them, eh?) and printed the first 90…
Hi @hawkmountain
You noted that minor accounts have been opened, but have they been funded yet? I ask, as to avoid all of the theoretical tax "stuff"; to fund the accounts at $399. I note further down this page about record keeping to maintain wit…
@MJG
You noted:"It is not surprising that our educational years have increased thus leading to more college level degrees. More families can now afford this costly and time demanding expenditure."
>>>I might be low on coffee intake this mo…
Hi @hank @rono @PopTart
Michigan has problems for sure, not unlike many other states. I surely don't intend to paint Michigan as some sort of turd pile of a state. There remain many wonderful aspects and tourism draws a lot of money into the st…
Hi @briboe69
Ah, Leelanau. Yes. Stayed in Traverse City last summer for 10 days and journeyed the highway M-22 route that we have visited numerous times over the years. From TC and going north along the lake shore all the way to Harbor Springs....m…
@Crash
You and I, or anyone here could build a fund named "Eight Ball Total Return Fund" (BALLX).
---25%, U.S. equity
---25%, International, ex-US, equity
---25% investment grade bonds
---25% high yield bonds
Our motto: We'll do our best to provid…
Hi @hank
Talk about timing, eh? I'm wondering who is going to buy all of the vacation properties in Michigan when the majority of we "older" folks are, well; gone to some other place.
With the high pay/benefit union based jobs of yesterday that ove…
Hi@BobC
Fully agree with the POA side and I have pushed reminders to family/friends over the years regarding the thoughts and wording in a will, VERSUS an "override" affect of a beneficiary set into any monetary account(s). And to the more simple si…
Hi @VintageFreak
I posted this link in this thread a month ago. Take a read, eh?
https://consumerist.com/2017/02/17/wells-fargos-new-account-openings-down-30-after-fake-account-fiasco/
We've used stand alone calculators, a downloaded or loaded from a CD program, within our home pc's over the years.
Are the type of calculator(s) noted here or online Monte Carlo simulators/calculators retaining personal data at a web site; as one …
The yield curve thingy today versus prior trends = Yes, this time is different; still.
However, market place yields on bonds may provide clues as needed if there is an accompanying twitch in the U.S. broad equity value.
The Pueblo Incident
This was likely a bit more tense at the time; than was known to the public. For the younger readers here; please remember that the global communications used by the public today was not in place at the time of this event.
http…
Hi @Ted
Thank you for the suggestion.
From what I have gathered/read, minor Roth IRA's for those, say 12-16 years of age are funded without benefit of a taxable wage via an issued W-2. This makes sense to me, as the majority of minors younger than …
Hi @bee
Crap............I keep forgetting about Slott's site. One may read any of the forums without sign up.
The below connects with what I first wrote about the 5498 form and possible complications of the IRS seeing a Roth IRA contribution, but n…
Hi @Derf
You noted: "Under my plan if medicare does pay , my plan doesn't pay . I found this hard to believe , but that's the way it works."
>>>I will presume "my plan" means a supplemental healthcare insurance plan to pay what is not cover…
Howdy @Old_Joe
With the plan you note; do you still pay a monthly premium (usually deducted from Social Security) that may be paid to Medicare or United Health? Does my question make sense? Just curious with all the variables.
Catch
@LLJB
This is the common description one finds regarding Roth IRA's (in italics) for minors.
Children of any age can contribute to an IRA as long as they have earned income from a job, be it babysitting, yard work or walking neighborhood dogs. Fo…
Hi @Bobpa
Yikes on the front load of 4.75% and the 1.02 E.R. for a bond fund.
It ranks well in the non-traditional bond area, but if I were looking for long term performance I would have to remain directed to PONDX and their management team.
PO…
Hi @msf
Can't recall if I posted the graphic of largest employers by state or whomever posted here within the past few months.
Agree with your list.........
Many of the healthcare positions at major hospitals in Michigan have a very decent pay scal…
Hi @Anna
I recall within the past month a verbal by someone on the tube that healthcare was 20% of GDP.
With healthcare being noted as 17.8% of GDP from CMS, I will only add that I don't know how far the arms of data extend; but presume direct invo…
Hi @Ted
The most critical wording/thought from the article:
"Bargain Hunting Fueling Outperformance
In the meantime, the health care sector, led by biotech, is seeing a resurgence in 2017 after a poor showing in 2016. Health care was the only sect…
Hi @bee
Thank you for the added info...........the comments sections of many articles many times provide other or more useful input for consideration.
My take on timing/phasing of changes regarding a new health plan also has a great deal related to…
Howdy,
And I thought hacking one of my accounts, or someone using my SSN and attempting to obtain a Federal tax refund, or that Samsung or Vizio are using my smart TV to spy on me in my home or, well you name your own choice beyond what is already…
@Crash
From conversations and observations over the years I find many 403b plans, especially related to hospitals are annuities. Do you find either of these in the naming and/or literature regarding the plan?
TSA, Tax Sheltered Annuity or TDA Tax D…
@msf
Oh, crap-ola.
Thanks, msf. Twas in a rush to leave the house for a bit.
Indeed, only the benchmark reference.
And I should have known better looking for holding data several months ago for this fund, as I recall, not much info at the home pa…
Hi @rforno
At the internal Fidelity page for PRHSX, this fund is noted as "closed to new investors" in RED.
The below link is a snippet of the most current holdings info for FSPHX.
https://fundresearch.fidelity.com/mutual-funds/composition/31639…
@bee
You noted: "Curiously IRS law was changed to prohibit this"
As insurance companies established (lobbied) for the IRS section 403-b; I am most assured that the same companies needed to block "outbound" cash flows and not loose the ongoing fees.…
@PopTart
You may choose to mix and match then, eh? As I noted, both funds are running similar returns to one another during the past 5 years or so. Of course, everyone must determine their own comfort level with any of this; and in particular, what …
Hi @Art
I just posted this into PopTart's thread. It may provide a few more trinkets for thought.
http://www.mutualfundobserver.com/discuss/discussion/comment/86459/#Comment_86459
Take care,
Catch
Hi @PopTart
Hoping all is well at the A-squared household. Sure you're teaching the children well...as in, an equity is, a bond is......the markets fluctuate, but.........
Okay, I'll provide a few "are you sh*t'in me data points for broad healthcare…
For my eyes/thoughts..........the most vital statement in the article:
"Internationally, Vail suggests avoiding G-10 foreign sovereign debt. Why? "Mainly because they're still firmly in easing mode, but yet rates are not going down," she said. "Co…
Overall, the quality of self-control from posters here has always been at very high levels; versus what I have seen over the years at other investment discussion sites, of which, I no longer visit.
Yes, conversations drift to the "dark side". I st…
