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bee

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bee
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  • These thread headlines are posted "off topic" for a reason. You have just added an "off topic" post about "off topic" posts. Must be a slow "Fund Discussion" week for you and others. While we are on the topic of "off topic" topic threads... Her…
  • This offering makes me think of comparing it to Vanguard's VWINX (Conservative Allocation) which 40/60. Time will tell. Maybe this fill a niche between some of TRP's more conservative funds like PRSIX (35/65) and PRWCX (80/20) which tends to be a …
  • Thanks MJG. I was moved by hearing Waltzing Matilda again (Matilda is an affectionate way of referring to an Aussie's backpack). I first heard the Clancy Brother version of this song and its haunting lyrics of the human cost of war. Liam Clancy si…
  • Looks like Jose is right behind Irma. Your third feed makes me realize this will be a 1-2 punch.
  • Enough opportunity/interest in fixed income to start this fund...Interesting. Is this new fund asset allocating between PRWCX and one of its other established "income" funds? Thanks for the head up Shadow.
  • @Maurice, I believe this is considered a stretch IRA (inherited) which used your age at inheritance to determine your lifetime RMDs. Your beneficiaries of this inherited IRA will receive it as a lump sum when you pass and be required to pay taxes in…
  • From a recent read: Roth IRAs (as well as H.S.A.) aren’t subject to the required minimum distributions (RMDs) that apply to most retirement accounts starting at age 70½, so you can let any Roth (and H.S.A) assets continue to benefit from potential t…
  • Difference between CAT1 through CAT5 hurricane illustrated here. This cycling high powered air/water gun tear away solid objects turning it into artillery that adds to its destructive force. Source: tropical hurricane wind damage
  • @Tony, A technique to find a security in an uptrend is to be able to draw a straight line upward through at least 3 of its price lows, preferably using a semi-log chart. Some thoughts: I believe this technique also holds true on the downside where…
  • @hank: It's amazing how something as simple as "cash" becomes very complicated when you start slicing & dicing. Just returned from my town dump... which holds a "cash" account that automatically replenishes itself when I get "down in the dumps…
  • Also, flooded cars (sold as flooded) may make there way onto rental car lots. These "wet wheels" remain useful profitable assets for rental companies. When was the last time you asked to see the title of the rental car you were renting? Flooded cars…
  • @Junkster & @Old_Skeet, Old-Skeet, Isn't cash often a component of your mutual fund manager's overall holdings and therefore also included in M* Portfolio Manager performance? I can understand Junkster point regarding overall portfolio perfor…
  • @msf, Much of the complexity arises from insurance companies' efforts to give people high-priced features that they think they want but don't need. Such as return of principal. When I considered an annuity for myself a few years back (almost 8 years…
  • @bee: Five Guys, the biggest hamburger rip-off on the planet ! Regards, Ted I can picture you, @Ted, having a melted cheese moment...just the thought of you getting ripped off...is that even possible? Anyways, I kinda agree about the prices there.…
  • Nice article and website. Thanks for posting. "The combination of a steady P/E ratio with rising earnings means that the model implies a rising S&P 500 through 2018."
  • Pondering simplifying my portfolio (20 funds), which consists or 65% Equities and 35% Bonds. I ponder (ask myself) am I doing an equal or better job than a single asset allocation fund that has a similar (65/35) asset allocation. Judging my collecti…
  • Isn't this what happened just a few days ago in the opposite direction? So, when no one is buying; what drives the market either up or down disproportionately Art?
  • Great Blog. Thanks.
  • And I will find the opportune moment to defend the hive...at any cost. Bees are welcome here at MFO...just saying!
  • I believe the type of transaction you want to execute is called an "in kind" transfer. If both institutions are able to accommodate an "in kind" transfer of PRWCX I believe you will be able to maintain your shares as well as the privileged of buying…
  • Thanks for the update.
  • @msf, The days of cman. MaxBialystock...I will try to misremember less. Thanks for this post (repost). I do see merit in living within your means (keeping living expenses low) and Investing agressively or as @Ted would say..."Letting the Big Dog Ba…
  • From the article: a rising equity glide path in retirement could start with an equity allocation that is even lower than typically recommended (in safe withdrawal rate research literature) at the start of retirement, but then slowly increase the sto…
  • You did mention impatience. A difficult habit to break or merely bend. We are all guilty of it. Whether its investing or driving a car. I personally annoy those behind me as I coast to a red light while other relish in accelerating and breaking ha…
    in I did it again Comment by bee July 2017
  • Vanguard has a Global Minimum Volatility Fund, VMVFX. https://personal.vanguard.com/us/funds/snapshot?FundId=1194&FundIntExt=INT#tab=0
  • Thanks to @Maurice, @AndyJ, and @LLJB for your links. This leading indicator does seems to be a bit elusive on a "up to moment basis" due to revisions. As noted by a few quotes from one link: "...failure to predict recessions is virtually unblem…
  • Just pure speculation, but could Treasury be selling assets prior to good news? Today, July 7th, the market jump positively on news of higher than expected jobs report (something that Treasury should have been fully aware of). Yesterday's sell off…
  • @hank...@Crash Here's a former poster named "Max" in November 2013 testing the waters. I have a feeling things worked out just fine for "Ol' Max" and his affinity for PRWCX and other TR Price funds.
    in PRWCX Comment by bee June 2017
  • Thanks Ted, Here a few more options: 7-ways-to-reduce-your-required-minimum-distributions-in-retirement
  • Using Portfolio Visualizer the chart in David's article doesn't look all that much different when using the S&P 500 (I used VOO) in comparison to the FAANG stocks. Here what PV produced. I used equal weight for the FAANG stocks. (FAANG portfolio…
    in The S&P495 Comment by bee June 2017
  • I found this possible explanation: A few banks, including Wells Fargo, will let you borrow more than your car is worth, putting you in a negative equity position from day one. Bob Hurzeler, head of Wells Fargo's direct-to-consumer auto finance divi…
    in Chanos remark Comment by bee June 2017
  • @STB65, Are you suggesting VMVFX? WMVFX doesn't exist yet unless you are rolling it out here first on MFO. By the way I do like the risk reward profile of VMVFX. A fairly new fund from Wanguard...Good choice.
    in VWINX Comment by bee June 2017
  • If Dividends are the mother's milk for small investors, AUM and management fees are a similar elixir for fund managers. An outflow of assets hurts a fund manager worse than an equity bear market when it comes to a fund manager's profits. Remember,…
  • VWINX highlighted here: Long-Term Growing Income From An Open-End Mutual Fund: Is This Possible? Criteria: The Retirement Income withdrawal will be 4% of the beginning investment value with each successive year's withdrawal increasing by 3% to allo…
    in VWINX Comment by bee May 2017
  • @davidmoran, I am not smart enough to understand why the two chart styles, but thought posting this would evoke an answer. Sorry I just can only offer dumb questions and even dumber looks. Your explanation might be correct. @MCPO, I was commen…
  • I wonder if an analogy or as @VintageFreak like to say, an ANALogy can be made with regard to countries holding foreign debt (as a result of trade) to electrical circuits. In an electrical circuit excess voltage is often temporarily stored in a ca…
  • From the article: To sell we'd need a Fed that's more hawkish than expected mixed with economic data that's weaker than expected. That combination could give us a domestic stock sell off this summer. Economic data is coming through weaker than expec…
  • @VinetageFreak, Supply and demand should work for bonds just like it is for stocks. So simply saying the inverse relationship exists is IMO not good enough. There needs to be substantial availability of higher yielding bonds of same maturity out the…
  • Lets look at the one comment she made on fixed income investments: A Goldman analysis of 10-year government bonds around the world shows there’s not one bond where the firm thinks yields are as high as they should be, Cohen said. “This is problemati…
  • The real problem seems to be for those who choose teaching as a profession, but never reach retirement age to be considered part of their state retirement. For a state that opts out of Social Security, at the very least, one would expect that they o…