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.
The problem with the 4% rule is that what sticks in most people mind is the 4% and not the 50% equity allocation it is based on. Lots of retirees, myself included, do not allocate 50% to stocks and as my 4th year of retirement grinds to an end I ha…
I am old enough to remember that company and manager were a big deal at one time. Like Nicholas Fund, Acorn, Michael Price at Mutual Shares,,,,,Sogen international,,, Royce Funds. Think about the great ones who either retire early or just fade awa…
I was around during the inflation/ very high rate pandemic of the early 80’s. I rode out two years on my boat in the Sea of Cortez,,,, living on money market interest and a favorable exchange rate. BUT I didn’t load up on long bonds and other fixed …
And how about the even more conservative( about 29% equity) VTINX which is off -15.77% YTD as of yesterday. Vanguard Target Retirement Income Fund is my benchmark and I am happy to say I am beating it handily.
SELL: STIP. short TIPS. -1.56% YTD. Not only failing to fight inflation but failing to keep pace with my grandson’s piggy bank which is even YTD. 3.9% 1 year CD’s or a CD ladder seem better to me than losing on the safe side of my portfolio. …
@ Hank. Speaking for my retired self,,,,, riding out a Bear market when one has an income stream from work is something entirely different than withdrawing funds from a shrinking pile. I am about 30% equities and it’s still unpleasant. While this…
@yogibearbull. Thanks for your reply. BUT,,,, “current Edgar search is fine in most cases.” Fine for what? Fine for what practical use? Why would I need to dig up older filings? How would that data help me in 2022 find a meaningful difference in …
Please help a dummy. I cant’ understand what is the practical significance of this research. Please show me how one could use this data to compare the 5 year total return of two otherwise similar funds. Or in other words is this data point useful?
I agree with your logic but for me idea of having lots of TIP bonds would be contrary to my goal of simplicity and less moving parts to our family portfolio. I got out of Bond funds and ETF’s when it was obvious rates were going up with the except…
Thanks for all of your thoughtful comments.
STIP. -1.57%
PZRMX -4.51%. Pimco Inflation response multi asset
Prfrx. -4.98%. TROW floating rate
All as of July 8 data from M*…. Apparently fighting inflation is not that easy. More money has…
Well said @ Hank. I might add that patience is in short supply all over the place. Policy makers to individuals want everything fixed yesterday. Myself included.
@ msf Thanks for that explanation. I spoke to quite a few Schwab reps and was given several explanations,,,, often contradictory. Many claimed a technical glitch. None showed any understanding of how the rate was calculated. But they all ask…
Think of the YIELD PLUS fiasco and the latest settlement concerning cash in robo accounts. Cash is Schwab’s tragic flaw. Customer of Schwab for decades.
I spoke to multiple reps at Schwab this afternoon and got multiple answers. I was told I am getting 1.19% and to ignore the .6% as it was a known technical issue. Later I spoke to a “Pinnacle” rep,,,, supposed to be their brightest and best. He s…
@YBB. I am logged on to my Schwab account right now. SWVXX value advantage money fund is reported to have a 7 day yield of 1.19% under the research tab. However I own this fund and my position reports a yield of .6%. I have asked Schwab to expl…
Let’s frame the question differently. If you had bought 100 grand of it on Dec 31, 2021 how would you feel today? It’s not cheap,,, it’s leveraged and it’s duration is problematic in these times. And it’s trailing my grandson’s piggy bank by how …
@dt. Obviously my loss of interest for a week might not be much. But the interest picked up by Schwab from the collective weeks of hundreds if not thousands of investors might be something. It does not stop me from buying lots of CD’s and I am gl…
Call it docking,,,, call it a float. Call it what you will. The fact is that the money that will be used to fund your CD purchase leaves your account and until the settlement date earns no interest for you. I assume that my money is making inter…
I have used Portfolio manager for years. It was particularly useful when I had assets in several places. But dudes,,,,, we have bigger things to fret about. Maybe we should be like the Bogleheads who brag about not looking at the their investment…
@Hank. Thanks for the buy signal. Happily I have been a shareholder since 2012. Also owned YIELD PLUS and was lucky enough to get out before it blew up.
I seem to recall the term “ misery index” from the bad old days. The formula was (high)inflation rate plus (high)unemployment rate = misery. I was deeply impacted back then when I was the manager of a VW dealership. The interest on the inventory …
@ Hank. Yield plus was a hopped up money market alternative that blew up and led to law suits. Nothing to do with SCHD, dividend and div growth etf. SCHB is a broad market ETF. No connection whatsoever to SCHD,,, which is widely considered to be …
Hello Crash. Other than Equities? That is the question this year. Positions I held last year. SJNK…. PFXF. VWEHX. SCHP. PRFRX. IUSB. Since my Equity allocation is way smaller my need to do something with “the rest “ is greater. For me losin…
If you are old enough to survived the seventies,,,,, you know that time was on your side. For us seventies survivors we now have more wisdom but much less time. By the time long bonds become attractive I will be buying them for my heirs. Haha.
