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Re “the impending launch of a whole new series of funds from T. Rowe Price”
I have been very impressed with TROW as a stock holding...anyone own TROW?
https://morningstar.com/stocks/xnas/trow/quote
Quick comparison with PRWCX, TRRBX, & TROW ove…
Interesting take on the drop in value of Bitcoin / Crypto - currencies :
Not much moves cryptocurrency markets like Elon Musk tweets -- except, perhaps, the idea of another crackdown in China, the world’s second-largest economy. From a trading ban o…
When did the U.S. first impose a federal personal income tax?
On August 5, 1861, President Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to…
@AndyJ
I could be a little wealthier now if I'd gone into that trade more heavily back then, instead of cautiously.
This "trend" may persist. Good for you for paying attention and for acting on it. Some trends are short lived...some longer in durat…
I try to structure my portfolio into three buckets.
Bucket 1 - Cash / Bond Funds (for Income)
I hold a cash or bond positions with each account I have. Presently this bucket has 17% of my portfolio and represents 3-5 years of income (I may need to…
Another Article:
Roger Bootle: “It is the start of a sea change, I have to say. That’s not to say that we’re going to go back to the strong inflationary conditions of the 70s and early 80s. But at the very least, I think we are at the end of the cry…
Another read:
Optimal Retirement Asset Decumulation Strategies: The Impact of Housing Wealth
A considerable literature examines the optimal decumulation of financial wealth in retirement. We extend this line of research to incorporate housing, whic…
Bill Gates and Warren Buffett are building a $1 billion 'next-generation' nuclear reactor in Wyoming...
The plant, which features a sodium reactor and molten salt energy storage system, would be safer, perform better, and be less expensive than trad…
How does your fraction relate to a "percentage draw down" from your overall portfolio?
Do you need less than, say 4%, of your portfolio annually?
Isn't 70 the upper claiming age for SS?
Have you run scenarios with Portfolio Visualizer? Great webs…
The Changing Characteristics of Labor:
...by all accounts robots and other forms of automation are set to explode in usage. What this means is that trillions more “hands” will enter the labor force. Better yet, these “hands” will work 24-hours a day…
Bloomberg Article on Demand and Price Inflation:
Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal f…
Tribute to Davis Swensen:
The Persistence and Predictability of Closed-EndFund Discounts - Burton G. Malkiel:
Unlike a regular (open-end) mutual fund, which sells new shares at net asset value (in some cases plus a sales charge) and also re…
I charted COTZX against a more "static" conservative allocation fund (FCONX) as well as a VWINX. COTZX seems to have done a great job recently Identifying the March 2020 buying opportunity. I wonder if the fund can manage its high allocation to bond…
@Old_Joe...be careful what you wish for regardless of your political leanings.
Understanding the concept of Debt Monetization:
In government, to print money in order to repay the national debt. For example, suppose a government is $1 trillion in de…
@catch22,
Their IRA discussion board is very helpful to pose a scenario/question that you would like answered
https://irahelp.com/forums/ira-discussion-forum
Interesting math of bitcoin's value:
Bitcoin is a solid proxy for the blockchain disruption. However, it’s not everything. Bitcoin is about half of the market cap of the industry – but possibly less than half of the future opportunity.
In previou…
Related thread I started back Nov 2020 when I sold my home. Yes, an agent is probably a necessity, but that doesn't mean you can't shop for the best value. It is a seller market and inventory is scarce...that should help you set the terms.
My agent…
Thanks @Mark, very informative article.
Here's the accompanying articles to the chart:
https://epi.org/productivity-pay-gap/
This chart says it all...the end of the American middle class wage.
Consider reading Daniel Amerman's commentary on taking SS early. It's pretty compelling. I know that my personal rate of inflation is about 5% annually which is just one reason why waiting makes less sense.
Gotta link?
A couple I found:
danielamerm…
@bee
>> a person who is waiting until age 70 will more than likely continue working.
?
sorry...
a person who is waiting until age 70 (to collect SS) will more than likely continue working (through their 60's).
...above chart illustrates th…
