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.
Its funny what we consider "employment" and what we consider important "statistics".
I stopped my "full time career employment" at age 51. I spent the next 7 years caring for my elderly mom. I went from a well paying 8 hour job to a non-paying 24 h…
With a little work on your part going forward (self managing) you can eliminate the advisor's 1% annual fee.
Going forward think of the 1% savings this way,
As a retiree, this 1% annual fee equates to a 25% savings of your 4% Safe Withdrawal Rate…
Feb 15th Episode:
“Rethinking Investing” is legendary financial consultant Charley Ellis’ “eureka” moment when all his investment wisdom and experience came together in one short volume.
ONE INVESTMENT
ELLIS: LONG, LONG RUN INVESTMENT
Buy a lo…
Inflation is the delta to new price levels. When inflation "inflates prices", prices of things often remain at these new price levels until the next round of inflation deltas prices higher.
The 70's saw inflation step up over and over again. That …
@PRESSmUP
That was a great read. I sometimes forget what I post, so thanks for the reminder.
Information has to be timed to be most impactful.
Great timing with that one for me.
Thanks.
Feb 8th Episode:
Going against the consensus again, influential economist David Rosenberg explains why inflation will be lower and the Fed will have to cut interest rates more than expected in the year ahead.
Some links from the interview:
BeigeBook…
Most are going down only 1 basis point. Not sure why it's generating this level of media coverage ... it's a non-issue for most people who wouldn't even notice.
Headline:
Vanguard drop it's fees 50%
- that's the kinda hype going from 1.5 basis poi…
Feb 1st Episode:
Outspoken and influential market economist David Rosenberg reflects on the extraordinary bull market of the last two years and why he isn’t changing his bearish outlook.
News of DeepSeek rattling Utilities' AI opportunities
CEG (-18%) and VST (-24%) down double digits @ 11AM EST
technology/artificial-intelligence/what-is-deepseek-why-is-it-disrupting-ai-sector
@msf
I wanted to share this article regarding the use of direct indexing investing (author uses a Fidelity product) for the purpose of tax loss harvesting to manage losses and unrealized gains to manage LT capital gains taxes.
articles/direct-inde…
Institutions weigh in on their 10 year forecast across (4) asset allocations:
how-far-out-of-whack-are-fund-investors-asset-allocations-800-billion-give-or-take
Jan 25th Episode:
Strategas’ Chief Investment Strategist, Jason Trennert has a long track record of calling major investment themes. He shares his predictions for 2025.
https://www.yahoo.com/finance/news/every-major-wall-street-analysts-151341739.html
Click on "Story Continues" to see full chart of predictions that I've been unable to Copy/Paste here.
Very interesting prediction by Giroux.
I came across this "sentiment" indicator (1/23/25) with respect to NYSE A-D Line showing signs of YTD divergence.
From the link:
The reason why analysts pay so much attention to breadth indicators like the A-D Line is that most times they will d…
I came across this quote from the Crossing Wall Street blog today:
Not too long ago, Wall Street assumed that the Federal Reserve would be slashing interest rates this year. That may not be the case. The Fed meets again next week, and you can forget…
I have access to the individual stock evaluations, too. I'm not sure if ALL of them are human-written. But they are more specific than almost all of the fund-AI-generated drivel.
@hank @Crash,
Where do you turn to for individual stock evaluations…
Q. How does inflow/outflow/trading play a dynamic in the OEF/EFT share price?
I wonder if share price is more about inflows (euphoria), outflows (pessimism) and trading (daily inflow/outflow) than fundamentals.
@ybb report the AAII investor senti…
... I think I understand bees First part, but not the TLH.
TLH would occur if one took RMDs (in kind) early (these holdings became taxable) and then there was a market swoon causing the "taxable RMDs" to incur a loss. I hope I am thinking this throu…
@stillers,
Please indulges us with your "pay no tax" strategies.
With your RMDs being 16 years away and retirement starting in 2012 or at age 45, I am all ears.
Congratulations.
I'm playing this game by bundling cap gains into some years and ordinary income into others.
A few techniques to bundle ordinary income
- Do Roth conversions in "ordinary income years".
- Buy short term (1 year or less) CDs/T-bills in "cap gains …
I thought I'd share a few articles on RMD Withdrawal strategies:
the-best-way-to-take-required-minimum-distributions-rmds
8-strategies-for-optimizing-rmds-from-iras
Do we have owners of Victory funds in the forum?
https://investor.vcm.com/products/mutual-funds/mutual-funds-list
The Victory Tickers with a "U" as in USAGX were once upon a time USAA mutual fund offerings.
USAA mutual funds moved (were sold?) t…
@dtconroe, do you have Medicare or Medicare Advantage? Once you start Medicare, you cannot contribute to hsa, But you can continue to draw from hsa.
My question was misdirected to @dtconroe. It should have been to @bee.
Yes. Began paying medicar…
@BaluBalu
My apologies... great minds think alike!
I would encourage you re-posting as you mentioned in your post. Thanks for seeing this as a duplicate.
Note however that the Adjusted Gross Income threshold is only $84,000 for eligibility to use these services.
Only $84k AGI? 70% of taxpayers qualify... looking forward to the day when I don't qualify. I must remember the saying,
"No one ever went b…
Just got off the phone with TRPRice.
@$250K AUM they offer access to their closed funds such as PRWCX
@$500K AUM they offer access to their institutional share class funds such as TRAIX
@BaluBalu is that your understanding?
PRWCX vs (TCAF+PRCFX)
If you can't own PRWCX, maybe consider owning a combination of TCAF/PRCFX.
Using a percentage of the eft TCAF in combination with a percentage of PRCFX one can approximate the same portfolio as PRWCX.
PRWCX allocation chang…
There is lot of new work by Blanchett (author of the linked paper in OP), Pfau, etc that suggests a mix of lifetime income (see what I just did?), income streams (Social Security, pension - if any) and portfolio withdrawals.
They also have been fa…
Dec 21st Episode:
First Eagle Global Fund’s Matthew McLennan is finding value in unexpected places and holding gold for stability in an uncertain world.
https://wealthtrack.com/investing-in-a-high-risk-world/
Dec 12th Episode
Warren Pierson, Co-Chief Investment Officer of Baird Advisors and portfolio manager of the top-rated Baird Aggregate Bond Fund, explains the newfound popularity of bonds.
Dec 14th Episode:
Great investor David Giroux has cut way…
interesting;
Some of Google's rivals are producing chips with a larger number of qubits than Google, but Google is focused on making the most reliable qubits it can, Anthony Megrant, chief architect for Google Quantum AI, said in an interview.
Nov 23 Episode:
Part 2 with Jason Zweig
“The investor’s chief problem – and even his worst enemy – is likely to be himself.”
– Benjamin Graham, The Intelligent Investor
