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.
@Sven. You nailed it. The complicity of the Republican Party, the cowardice and selfishness will be the central point when the history of this mess is written. That is if historians will be allowed to tell the truth in the future. A dismal exampl…
@sven. Interesting. Long ago I owned Sogen International Fund which I believe was the predecessor to SGIIX. The manager , I seem to remember, was Eveillard. Or something like that. A rock star of his time.
By then the base will be as relevant as congress is today. Whatever elections that will be held will be strictly for show and the outcome will be determined long before the polls open. Vance will do what he is told.
The well being of the country has NOTHING TO DO with the S&P 500 and the well being of the S&P 500 has nothing to do with the well being of the country. THESE ARE NOT GOOD WEEKS FOR THE COUNTRY. THANK YOU FOR YOUR ATTENTION TO THIS MATTER.
@Ood_Joe. On one hand waiting is smart. OTO hand the market can stay irrational for a long time. I gotta turn off my Seeking Alpha notifications and just stick to watching baseball. When the new Fed board lowers rates to ZERO , then what?
@Sven…. You are correct. This is about capital appreciation,,, or inflation protection or for sport. No income need. The last few years we have been fine with CD’s and money market but really that bucket is just risk off. My one fund is the risk b…
@bee. That really gives credibility to the Boglehead school of investment management. They often brag about checking their investments annually. I guess they spend most of their time keeping their 500,000 mile Toyota Camry on the road.
@gman57. You nailed it. The Zen of investing is just do nothing. True enough it’s also a hobby. Unfortunately for me my lifelong hobby of sailing (and being owned by an aging boat) recently ended and hiking the sierras is also aging out.
@sma3….. I really hope you are right and I am wrong. I think # 5 is happening this week and will accelerate each week going forward. What do you call it when orange guy makes every decision and the supremes green light every one of them with no re…
Actually war is what the US has done post WW2. Not defending the country ie Defense but making war on lots of other countries. But WAR is what the US does. So who could disagree?
@Crash. Correct. And the-coup d’etat is a fait acompli. So now what? Certainly the assumptions we base investment decisions upon are no longer relevant. The United States we knew and irritated us no longer exists. Ya don’t miss your water till…
@Crash. @rforno. The problem is that he has VIRTUALLY UNLIMITED POWER and he and the country are swirling around the drain faster every day. It’s a race to the bottom and it can’t end well.
@sma3. Agree it will not end until but I think #2 is least likely. You left out #5. President Vance takes over after stroke in the gold house. He is controlled by BIG MONEY and the new administration is more corrupt and ruthless but less clumsy and…
@Sven. I don’t hear much discussion about the period between growing one’s capital and the “deaccumulating phase.” For lack of a better term I call it the preservation phase. After growing and before long term care.
That’s why I have to go one fund. I won’t be able to pick the coolest ETF of the week when I am drooling. At least I can still drive and since I got my eyes remodeled I can see too. Old _Joe. You can still express yourself brilliantly and brough…
@shostakovitch. VGWLX is what I am moving into at Schwab. NTF. The choice to go single fund is the best example of cognitive dissonance I have experienced in many years. Of course I think I could do better but maybe I would do worse.
Thanks everyone for your thoughts. I am reluctant to go one fund for many reasons. It’s sorta loss of control vs possible behavior error. And being comfortable with average. The motivation is strictly for my wife. My experience is that one can …
@Patrick1. Lots of online stuff of how to brew your own PP from multiple ETF’s. The mutual fund is not the same as the original concept from Harry Browne.
As I reported earlier,,,, our favorite taco place raised the price by 17% since our last visit in July. I am sure they waited as long as they could. It always sucks to be poor but it must be brutal nowadays.
