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.
@Catch. As always thank you for your efforts. I notice you mentioned that MMKT have “mostly flat lined for two weeks.” I have noticed this and wonder if the plateau in rates has any significance. Other rates have continued upward during the same…
@ Junkster. I would also take exception to your characterization that “everyone” had life like the Nelsons and the Cleavers. In 1982 I was in the very isolated fishing village of Bahia Tortuga on the west coast of Mexico. Quite by accident I met…
@ Junkster. The Detroit suburb I grew up in the fifties was on the surface just like Wally and the beave. But one didn’t have to travel very far to see that the larger society was not like my own happy corner of the world. By the time I was ent…
The collective group will give questionable or even incoherent investment choices a pass but doesn’t let bragging go unnoticed. That’s pretty good. How to deal with blatant bragging has been on my mind this week. Spoke to an old work colleague fo…
Nobody knows nothin, most of all me. But it seems like market wants to ignore lots of potentially bad stuff and often does. But the market doesn’t like to fight the fed and it seems like higher for longer is trending again. And that scares the he…
@LewisBraham. I want to thank you for your consistently thoughtful and well reasoned contributions to this and other threads. I am sure I speak for many others as well who look forward to your remarks.
@LB. “ Wall Street doesn’t care.”” Perhaps this isn’t the appropriate place to talk about it but how should caring guide our own investment policy? Build our own ESG fund? Find the best ESG fund? Skip Wall Street completely? That would have been …
@Hank. The past round of inflation had its moments but everyone’s circumstances were different and often changed. After two years living in Mexico we returned to the states. I found myself the sales manager of the car dealership. Flooring, the in…
“Everyone lives in their own little world”. My old man told me that a hundred times. When I was a young man inflation was very, very good to us. We had no kids and lived very simply. We had a couple rentals that were appreciating and rents were g…
@Old_Joe. + 1. All three of your points are right on. Particularly the last. They don’t even bother with “ thoughts and prayers “ anymore cause they realize how hollow that sounds.
If we want to talk about “ Low Road Capitalism “ we can discuss the private equity firms buying up Emergency Room practices, Pet Hospitals and Hospice services and reducing staffing to increase the bottom line. So when the state of California pensio…
Please excuse my ignorance but why the in depth comparison of SCHD with FXAIX? The fact that Schwab’s dividend fund has kept pace with the SPY index since its inception is icing on the cake. Nice but not the reason people invest in a dividend fund…
@PressmUP…. I appreciate the discussion. Another factor for my circumstances is to minimize the moving parts in case I depart the scene early. I use VTINX as a 30% equity benchmark as a one fund solution. I could use VWIAX but that has more equity…
@ PressUP… I I thought about those two missing sectors many times. Just ran 80% SCHD, 10% VPU and 10% VNQ vs 100% SCHD. SCHD won but the next ten years may be entirely another story.
@ LB….. as far as I am concerned the index just works. As it has turned out I have not needed the income but it’s nice to know it’s available. And it is growing nicely. LB
@Davidrmoran. +1. Having first invested in SCHD in 2012, it has ultimately become my entire equity position. I have been retired since 2019 and have a conservative asset allocation. I question the appropriateness of a single holding all the time …
Hi Crash. If you go to Schwab.com and put SCHP in the search tool you will get lots of info. If you scroll down to DISTRIBUTIONS you will see that SCHP went ex date and paid twice in Dec 22. Further digging reveals no Jan. Payout in 2022 as well.…
@staycalm. I think you nailed it in both paragraphs. But I would suggest that more than 70% have no idea and of those that do have idea still think that cooler heads will prevail because it generally has in the past. But what do they say about …
@Lewis B. Agree 100% That’s why the BH controllers allowing 299 responses to the default question is interesting.. The issue is more about politics than anything else and they have specifically let it run. Till they don’t.
If anyone is interested the Bogleheads have a lively discussion of this issue that is up to almost 300 contributions. Normally anything that might have ANY connection to politics is quickly shut down and the group ethos to any situation is stand p…
LB. thanks again for your thoughtful responses. I was just reading the Levin Report in Vanity Fair in which she talked about the speaker of the house and his new BFF,,,, the articulate and rational MTG. And I will add his other new pal who has t…
Does the cohort of conservative retired investors consider this news actionable? Until this late breaking update it was thought this game would not begin till June.
Politics and optimism aside, let’s go back to the original posters not unreasonable question. What to do if you believe the worst about to happen? Particularly if one is a late in life investor with not a lifetime to recover from a house freedom ca…
I agree that the repugs will play games to starve needed programs. Oddly enough most of the folks who vote for them will be the losers … they vote against their own economic interests to air their petty grievances. But starving programs will be a…
We are talking about repuglicans, so by definition we are not talking about rational people. Thinking that no rational person would would contemplate not raising the debt ceiling means that is EXACTLY what the HFC and other repuglicans will do. To…
@MikeM and Hank. To clarify I did not mean to imply any nefarious intentions on the part of Mr Giroux. Running a multi billion dollar pile of money is entirely different than managing a million or two. All that money has to go someplace. He can h…
