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Another vote for FMIJX in international space. For replacement of OAKBX, consider Vanguard Wellington, Wellesley or VLAAX. ... ...You can choose one or a mixture of both to adjust the risk profile between conservative and moderate allocation. Fo…
This is what is going to happen. As soon as you sell Oakmark funds, they will start outperforming.
IMO stop worrying about beating the market, category or being performance leader. Focus on WHEN to buy before WHAT to buy.
If you ever think an acti…
VLAAX
\\ Not familiar with the VL option you mention.
VLAAX
be sure to use MFOP
Ok thanks. But as a diversifier in substitution for a foreign /international sector position...? Isn't VL a broad spectrum balanced fund?
> with such a sizeable PF value would you be comfortable with a PF that mimics a conservative allocation?
Looking back over the last 25 years, merely owning a conservative allocation fund such as VWINX and taking a 4% withdrawal annually (based…
Mike, in my opinion, there is very little potential downside to selling 1 equity fund and buying or adding to another at the same time. Selling and not buying a new fund would be a different story. At that point you sold at a loss with no potential …
Agreed, the M* ratings seem at the least, outdated relative to these funds actual performance. Looking at alternatives in an ETF. EFAV and IEFA have been a couple of ideas from Schwab...
JABAX v good, and as others have noted in another thread, VL is even better. Thanks, and to others in this thread... I am really leaning toward exiting these today - not to cash but a suitable replacement for diversification so that's become my focu…
Thanks for the perspectives. Tough choice on whether to hold from here. Right now
OAKIX, 2.3% of my taxable account, is down 20.8% as of yesterday. OAKEX, (2%
position) down 16%. VMMSX -(3% position) down 17%. With the OAK funds, it comes
down …
Reply to @cman: Well that's a somewhat condescending characterization but don't worry about it, I'm not offended. Just to clarify I didn't precipitate anything. How anyone chooses to respond to a question for some feedback is entirely beyond my …
Hi Swede, interesting you mention the Schwab branch office. I have my account with Schwab. Perhaps i'm seduced by the fact that my current advisor once managed a mutual fund and maybe am jaded by the notion that he might be more judicious or savv…
Thanks Swede, seems reasonable enough. I'd love to get it down to that simple of a mix. Have to think about the whole tax-consequence issue taking gains into account and all that - which i could probably just work with my local brokerage branch ma…
The person providing advice should take the same care as he would if is talking
to strangers (or even friends) in a social occasion and the person receiving advice
should take the same care as he would if is receiving advice from strangers.
Hi fro…
Howdy Junk, well thrash me! I did indeed post here about the bond 'side' of my PF and believe it or not i mistakenly thought that post was on the Morningstar forums so i'm sorry for the duplication. Still, i did make a few adjustments to cut down o…
Reply to @Ted: Hi Ted, that is generous of you and if you would be kind enough not to rip me up in the process and blame the advisor rather than me( ; )- since it's primarily his work -- i'd be happy to share a rundown of holdings and percentages of…
Hi folks and I certainly appreciate that requesting such subjective opinion on a general forum, with all due respect to the many wise contributors here - would not necessarily constitute cause to act on any such advice but i guess i should have reph…
Hey Scott and Cman - it's all about the percentage of the mix and in this case, these pure EM positions constitute only 5% total. I simply had the bad timing to see the indexes by sheer happenstance
Reply to @davidrmoran: David, i like the concept of the AOA/AOK strategy you mention as perhaps an experiment to try in one of my tax-deferred accounts.
(they're going nowhere as it is). Just sold my SCHP/Schwab Tips ETF - which has
been a losing …
good candidate to blowing up his portfolio on his own reacting to the way wind is blowing at the moment.
Hahaa! maybe i just need to find a good Therapist. Yes, you- and David i think zeroed in on the crux of the issue. Indecision and A.D.D. (or…
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 long-duration components - see…
Thanks David, I appreciate your point re: the "index" effect of too many funds. The FA (hourly - not AUM type) seems to feel I am well and appropriately diversified with this 'collection' but these points have raised serious
questions - or moreso…
Thanks Ted! First, greatly appreciate your time in taking a look at these. I think i follow the logic, and of course doing this will have some tax implications - as i didn't go as far as to define what is in taxable vs. non-taxable...
but that's a…
Reply to @MarkM: Okay, that's one direction i could go, for sure. The other, which is kind of what brought me to list the specifics of the bond sleeve - is to get some possibly specific advice on whether the work he's doing appears to be sensible…
Reply to @MarkM: I look at this as a forum of pretty intelligent investors and a place to get a reasonably objective general second opinion on the fund selections i listed - and possible specific suggestions on what could be better alternatives whe…
Reply to @Ted: (and Hank). I think you might not have read my original post. If you're suggesting i should be 70% equity - is that based on the presumption that i'm 40-50? If you missed it, I am 55 y/o,
I am looking at 'possible' scaling back o…
Likewise, my appreciation for a lot of wise advice and observations. While I don't feel or act my age of 55, the calendar does call me that, but i do agree with favoring a primarily equity portfolio for one in the 40-50 bracket - and i think i've g…
Well, imagine if I'd included the equity holdings - the list would be another 10 lines!
I'm not surprised at your reactions though in my defense i can't 'take credit' for
the composition of this PF as it stands. Actually it is for the most part th…
H appreciate any opinion on this. I consider myself moderate-conservative and have been
maintaining a portfolio of funds/ETFs/CEFs with an occasional FA's input for about five years after being in and out of managed advisory relationships. I'm 55, …
Hi David,
I have gotten much more interested in strategic income type funds for some of the reasons you suggest - and while the conventional funds i've held have served their purpose well over the duration of several years, i also question the val…
