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.
And the reverse is true too. At some point rates will reach a plateau and then the long awaited pivot might occur. A fund with a six year duration might also be at peak yield. So if rates fall by 3% a healthy total return would be in the cards. …
I am no expert on TIPS,,,, lost a bit with SCHP and then less with STIP last year. An expert on TIPS is David Enna on his site Tipswatch.com. I think that TIPS funds disappointed many investors last year. Buying individual TIPS themselves and hold…
@Old_Joe. My car style is to buy minimalistic cars and keep them forever. We sail a 1999 boat as well. So my habit is to check fluids every time we take her out and the cars on Sunday. Just an old habit. So when we got the car to replace the to…
The car that was totaled was a CPO that was flawless for three years. That’s why we went back to the same dealership and bought a 3 year newer version of the same car, even the same color. Shit happened. But we were lucky we caught the non inspec…
CPO. might be marketing BS or highly inspected and checked out late model car with an extensive warranty. The one I bought had a half a dozen items checks as perfect that weren’t on the car at all. And it was certified in writing the the engine w…
@crash. Thank you for your concern. I was sore and the airbag cut my hand but no great harm. We liked the car so much that we bought the same car,,, three years newer. Big out of pocket. It was a CPO car but I figured out it had never been inspe…
@sma3. People love to talk about California being expensive but our property tax just went up 1.9% year over year. Wasn’t planning on buying a car ever again but our perfect retirement car recently was totaled in an accident. Shit happens.
@LB. My somewhat scattered remarks were not intended to minimize the real suffering that downturns bring. I find it annoying how markets freak whenever rates trend upward,,,, even when they are at historically low levels. And the constant specula…
Hey!!!! Recessions are a part of life in our system. They come and they go. For whatever the reason the next recession is always somewhere in the future. But they are inevitable. The magnitude and length of the next recession are the unknowns. …
@Crash. In 2008 I was busy running a business and I was ten years from retirement. I didn’t have all day to follow the markets every move and digest a hundred other dudes fears. The future of democracy wasn’t in question and the crazy caucus was…
This should be a big winner and game changer in this market segment. But lots of consumers will never forgive VW for its emissions scandal. I am a former manager of a VW dealership, have owned many air and water cooled VWs and I would not trust th…
@WABC. I have posted before about our experiences in the last time of very high inflation. We were young, sorta dumb, childless, without any equity investments, had money in the bank and rental properties in the best( luckiest ) location possible…
Who broke what? At the risk of a gross oversimplification the folks at SVB stashed too much of their assets in long dated assets. When rates went up the value of their assets were marked to market and went down. Thus their ratio of assets to liabi…
@Anna…. The Bogelhead group think often strongly rebukes those who question the BH manifesto. If you are foolish enough to ask a question that has been asked before you are told” search is your friend” I find the threads about plumbing, HVAC, cars …
Thanks for starting this thread. Does anyone else have concerns about Schwab’s prime money market fund SWVXX? While I am no expert presumably their government and treasury MM funds have a higher degree of safety. Unless the Republican Party defau…
@Hank. Have you ever tried a custom benchmark from however many component ETF’s you choose and assemble to your desired asset allocation. Then put in Portfolio Visualizer. I don’t think it will work for daily but by months it’s fine. Compare wit…
@Hank. I am smiling. I haven’t done very well but better than AOK. I would like to leave a one fund solution behind when I depart the scene and AOK and VWINX have been considered. It’s complicated.
@Hank. Regarding AOK. At one time it was my benchmark fund I measured my small ball 30% equity portfolio against. AOK made me look like an investing genius. According to Portfolio Visualizer AOK has a CAGR of 3.17% from 1/1/19 thru 2/28/23. Di…
@ Sven… “ one needs to consider the after tax consequences.” Damn right. Tax year 23 will be vastly more expensive than tax year 22 if one holds lots of taxable interest bearing stuff. Playing around with TAX CASTER is an eye opener.
Guys,,,,, thanks for all your replies… Perhaps no explanation exists, perhaps nobody knows nothin or perhaps it’s just market forces in action. But in about the last thirty days MM fund is flat and 60 month CD’s have increased by 1.0%. 48 month CD’…
Thanks for your thoughts. As I move toward mid retirement I find my need for income is less than anticipated but my loss aversion is greater than before. Thus my interest in lower risk investments.
@Lewis,,, higher costs for participants… like lots of other maga/repug actions the suckers continue to vote against their own dwindling pocketbooks. They never learn. They even vote for tax cuts for their own oppressors. At least Covid thinned t…
On the other hand I get prescriptions by mail and the USPS keeps me notified every move my Rx makes and lets me know within a few hours when it will be delivered. Then I get a message the moment it is dropped in my mailbox. That is meaningful when…
@ LewisBraham. I have a cousin who has a 56 Chevy nomad and has a lifestyle built around that. He travels all over the west to classic Chevy events. They meet at a hotel and stand around looking at each other’s cars..Then they do it all over again…
@ Hank. Great reference to a terrific writer. That might be something the Bogleheads might quote if they were literary. A natural rationalization for staying the course. I remember Chauncey Gardner as an empty suit,,, had the right look and mum…
Check out the Pointe System on THE OTHER AMERICA.COM. From an article from Time and the New York Times in 1960. In some places long before one could apply for a mortgage the would be buyer had to achieve a certain score to be acceptable to buy. Ac…
crash. Your post rues the day redlining went away. And who are “the criminal element “ you speak of? Or is “criminal element “ just another of your euphemisms you pepper your posts with?. Words matter and once they are out there you can’t take th…
@crash. Re: your take on Redlining. Very. Very. Very offensive. When I was a kid and our family was driving around my Dad would point out the communities where our family COULD NOT LIVE. Yes. We were REDLINED. I don’t miss that practice like…
