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.
Why not file at 62 and invest 8 years of benefits.
Comment:
What the video misses is the fact that the dollar amount of a 5% withdrawal changes as the invested portfolio continues to be invested (during retirement). An investment needs to maint…
@Crash,
This fund is probably the closest investment I own that has the touch of just two people... The Bruce Family...father and son. YACKX comes to mind, but I think that has changed. Maybe there are others still, but fewer and fewer funds operat…
So rail cars will be used instead...that makes safety sense.
shutting down the Line 5 pipeline would require 2,100 rail cars to deliver the oil from Superior, Wis., to the Imperial Oil refinery in Sarnia, Ontario, just across the U.S. border.
@hank said,
But I’d have more money if I’d sunk 100% in PRWCX 25 years ago and followed with a “RipVanWinkle” act!
I stand at the launch pad of retirement (age 62) thinking that PRWCX, VWINX and a little Cash will provide a safe withdrawal (differ…
And this,
The SP500 keeps on making higher highs, as the effects of QE4 are still being felt in the banking system, and in the stock market. But there is a troubling divergence among some of the most liquidity sensitive investment vehicles, the hi…
Uranium prices have jumped a lot recently, as new meme stock traders have suddenly gotten interested in trading shares of the Sprott Physical Uranium Trust, symbol SRUUF on OTCMKTS, or U-U.TO on the Toronto Stock Exchange.
Relationship of Uranium a…
I believe it was another Fidelity study that revealed that accounts of deceased investors did better than live ones regardless of gender.
4 Things Dead People Can Teach Us About Investing
The way this story goes, one day, the chief bean counters at…
@lynnbrolin2021:
In November's Commentary said:
Taxes will have to be paid on this portfolio as required minimum distributions take effect so I want to be more conservative in this portfolio, and more aggressive in a Roth IRA.
I believe @davidmoran …
15% on all forms for income (wages, cap gains, rents, interest, etc.) with zero deductions. None. Give every person (including corporations) a $25,000 personal exemption. This would mean a family of four wouldn't start paying taxes until they hit…
@msf said,
"- Inherited Roth IRAs have RMDs."
There is no Require Minimum Distribution for Inheirted IRAs, but instead, a Required Full Withdrawal following the 5 or 10 year rule. One could wait 10 years before making that one full required withdra…
As I understand the IRS instructions, you have to use the total amount of all your IRAs to calculate the RMD.
Do not calculate in your Roth IRAs, but do include your Roth 401Ks as part of your RMD (though that portion would be tax free). Once the Ro…
@Anna, Where is IBM I wonder (article below asked this question 10 years ago...Article date is 2011)?
where-the-heck-is-ibm
They are somewhere still:
ibm-will-reskill-30-million-people-by-2030-for-future-technology-jobs/
Sept 30th 2021 ibm-kynd…
Own what you use...or in this case, what others will use.
@msf mentioned (to relate this back to mutual funds)
does not (yet?) include the impact of covering Aduhelm
A good "healthcare-centric" fund will help you fund your healthcare costs:
https…
@hank
Interesting commentary. Ed seems of the opinion we’re facing hyper-inflation.
Interesting development with the price of oil...I thought we were awash in oil and NG in this country?
Humor me...we all have a tax or a fee that is a pet peeve...The Bottle Bill
Maybe not a tax, but a fee in 10 states (The Bottle Bill) on containers.
When time comes to return these containers, the redemption experience is as close to purgatory as…
Maybe not the most eloquent link on taxes, but I believe it was @stillers who mentioned that he pays nothing in taxes...
@stillers mentioned:
haven't paid a dime in taxes since 2012, and may not pay them for 5-10 more years.
A more accurate list o…
Thanks @msf...great stuff.
FSRRX, which has been in existence since 2005 and was tested very early in it's short life when in June of 2008 it slide nearly 32%. Comparing FSRRX to PRRRX, the Pimco Real Return fund provides a smoother ride. PRRRX al…
