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.
This has to be disheartening to Billionaires (or even Millionaires) when the very thing (their financial valuation) is trash. What are future Trillion-aires to do?
I still think many Hundred-aires and Thousand-aires find cash a necessary part of th…
@Kaspa,
Lost medical receipts might be retrievable by finding past checking statements (my bank keeps these available online electronicly in pdfs going back multiple years). Once you identify a lost payment save as a pdf (download to a storage devic…
From @msf linked article this seems to be what I am experiencing:
Marketplace enrollees with incomes 250-400% of the poverty level – who are eligible for premium subsidies but not cost-sharing subsidies – could in some instances be better off. They …
My ACA premium increased 25%. My subsidy nearly doubled. This seems to be bringing my out of pocket premium costs down (less) by about 66% for a Bronze level HSA eligible plan when compared to last years out of pocket premium costs.
Not disagreeing @LewisBraham, Obama seemed to lacked the leadership to guide the House and Senate to consensus and broker a deal (turning a bill into law).
Trump prides himself on "the art of the deal" but,
Trump has continued in the Obama traditi…
@Lewisbraham,
Obama finish his terms in office with 277 executive order. Historically there have been many more by other presidents.
and more recently the list is:
Then there is the power of the seating president,
The interesting thing about …
@MikeM,
I began contributing individually to an H.S.A (I'm retired & PT self employed) a few year ago. My first contribution was a one time rollover from my SD IRA account to the Bruce Fund (BRUFX). Its historical returns are pretty good:
An…
@PBKCM, O.K. let's narrow this down by deductive reasoning.
According to my screener (Morningstar Screener) It is 1 of nearly 15,0000 funds.
My first question...What is your fund's morning star rating (1-5*)?
Did you know that the Cleveland Browns Company LLC offers an 401K plan to over 300 participants and received a Brightscope rating of 83 which outperforms the Tampa Bay Rays Ltd. by over 14 points? Just trying to stay on topic.
Cleveland-Browns-Foot…
I do like the Story behind the Browns though:
The Browns isn’t actually that terrible of a team name. It’s not good either, but there exist much worse names. The reason the Cleveland Browns land on this list is the origin story of the name. The fran…
Seagulls are even better at dropping "bombs' and I am not too proud to say that if you are ever lucky enough to receive a gull hair tonic treatment you'd swear it grew hair.
I also think sector funds like Chemicals (FSCHX) serve investors well as petrochemicals are the feed stock (material) for many more products than merely fuel (Energy).
The chemicals industry, which directly touches more than 96 percent of all manufa…
Maybe I missed it, but does John Bogle discuss what impact stock buybacks have had on equities returns and dividend yields? This is especially important when a company finances these stock buybacks with a bond offering. Do we as investors own the bo…
Not a bad time to understand another retirement maneuver employed mainly by the wealthy, but might be even more strategic for lower wage earners if the 401K gets capped.
Funding a backdoor Roth and Avoiding Six Common Mistakes
news.morningstar.com/…
@Ted, I actually watched your embedded video and found the full episode at the end of your video and then just copied the embedded URL into my post. Hope that helps. I run Firefox.
Interesting Article on how each state may approach the CSR issue differently and thus impact 2018 ACA plan offerings:
who-will-do-silver-switcharoo-how-states-are-dealing-2018-csr-uncertainty
A state by state list as to how they are handling it:
CS…
@MikeM, In the article the author mentioned that the "newness" of TRLAX will rely upon the rolling average of TRRBX to determine its 5% payout. At least that is how I read it.
Quote:
Since the fund is new, it initially will base payouts on the fiv…
This website will help you "get a human" at a variety of different companies when you call:
gethuman.com/phone-number
As an example, I typed in Eversource (my Electric Utility Company) and got this:
Thanks @Ted and @TheShadow for bringing these funds and this article to the board.
I came across another article (I linked below) back in May, but in light of these funds introduction I thought it was worthy of re-posting. The article looks at usi…
@PRESSmUp, Thanks for mentioning the need to differentiate taxable and tax sheltered funds.
As far as "coughing up" goes... my sense is it often will have at least two triggers.
1. The 1-3 year bucket balance is low and in need of replenishing or…
@Old_Skeet...lots to ponder...longer response coming.
@Ted, yes. They have been and should be good investments for growth going forward.
@Derf, yes. I looked at these retirement funds as glide path funds for the 5 year increment / spending needs i…
You might also look to harvest tax losses that would off set gains. Locking in a loss might sound counter intuitive , but it can help offset gains.
These losses rollover from on tax year to the next if they are not used to offset gains in the year …
@Gary,
You would complete an (Traditional, 401K, 403b, etc.) IRA to Roth IRA Conversion if the future Rate of Return (ROR) will be higher for the Roth IRA comparef to a tax deferred IRA. Article below discusses this in detail using this calculator …
Some RMD Math for first RMD:
70 in April 2018
70.5 in October 2018
(2) choices for first RMD:
1. By end of December 2018 (based on 2017 FMV (Fair Market Value divided by 26.5)
2. By April 1, 2019 (based on 2018 FMV divided by 26.5)
Also, If you wa…
