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.
@Anna,
Thanks for the link. It is very data rich.
It seems to favor an early spend down of tax deferred balances maybe as a way of pushing SS out to 70.
I was hoping I could include pension income (DB plan) in lieu of SS (which I do not collect)…
Years ago when I ask if any of our 403(b) vendors acted as my fiduciary the answer was, "No, why is that important to you?" or "Hmmm...let me get back to you." I took the issue it up with the teacher's union and they had no clue what a "fiduciary" w…
Does cash reside as cash?
I have a few "cash like" mutual funds that do not have 90 day holding periods. Do you try to achieve a return while in the these cash positions?
Have you found any "cash like" funds you like?
Index funds are usually more tax efficient. Tax managed funds are another option.
I feel this is one area most of us have less experience with. As I noted in another thread:
Many of us are not well versed in managing tax efficient accounts since m…
@VintageFreak
I wanted to share the best take out franchise pizza IMO
In the Northeast...find a local pizzeria and fa-get-about-it.
We have a couple a decent franchise pie guys:
-Anthony's Coal Fired Pizza
-Mellow Mushroom (great beer selection)
Also, if you agree that spending tax deferred IRAs before tax free IRAs makes sense, then you might consider a few scenarios for any amount in excess of your RMD.
Some considerations:
-If you have a sense of your future income needs (projecting y…
Just so we can follow along at home:
@LewisBraham
And I do think some sort of out of the money put option is the best way to hedge against that geopolitical risk.
https://thebalance.com/determining-intrinsic-value-1031125
@MikeM,
There is a term referred to as "in kind" which I believe allows shares to move "in kind" from one IRA to another. Important to ask both plans if this is possible and have them orchestrate (trustee to trustee transfer of shares in kind). Thi…
For a moment there I thought you were talking about student debt which, as a parent, I haven't forgotten about.
On the corporate side of the debt boat:
Nothing wrong with borrowing to restructure old debt, but financial engineering seems to take c…
Hi Wise@Old_Skeet and @JoJo26,
WOS, Thanks for these links and the civil discourse (I have knighted you Wise). I'm never one to step in between a good banter, but until @JoJo26 comes up with something to talk about I thought I'd distract @Old_Skeet…
For those wishing all of these choices were in one place (maybe it was only me):
RPSIX, TRRIX, RPGAX
PONDX IOFIX FCFAX TGINX and DODLX
DSENX MAPOX PONDX
PRWCX 11%
PRHSX 11%
PRMTX 10%
VWINX 10%
PONDX 10.7%
TWEIX 9.6%
WFPAX 8.4%
POAGX, HSCSX and FMI…
Thanks @Ted,
Mr. Rodgers didn't mention his companies own stock (TROW) which pays a 3.23% dividend and "over the long run" has done very well against the S&P 500, his own fund (PRFDX) as well as highly rated (PRWCX). Here's the performance char…
Could SHLD, which stands for Sears Holding Company, be more valuable as a holding company?
BB has often mention (refuted by many) that its "holdings" or "real estate" are worth more than its retail value. This has already proved itself out with Se…
Thanks @Ted,
Compliment me if I'm right, but wouldn't LEXCX be a concentrated (21 holdings, ER = .52) way of investing in a well managed fund that holds a pretty good slug of the Dow?
LEXCX has been around for 76 years and here is it's chart (@ron…
Disclaimer: My thoughts tend to be an inch deep and a mile wide.
Cherry picking some of your data, let's create a portfolio that hold 2 distinct "capture profiles" (deep & shallow).
For "deep capture" or "market deep capture" (100% up/100% do…
Great Stuff! Thanks @Mark!
Q1. Are you reinvesting dividends and if so, other than DRIP transactions (which I think would be free), do reinvestment transactions become problematic from a expense standpoint? I can imagine trading fees being a much …
Not an expert but this site's discussion board (Ed Slott IRA) allows you to ask questions such as yours and often times you receive multiple responses that are very helpful.
Might be worth a few minutes of your time. I'd loved hear what these expe…
El-Erian, who at one time was with Pimco and is now with Allianz, strikes me as one such fear monger. He gets a fair amount of air time and is usually bummed out about something or other.
@VintageFreak said,
If interest rates go up, which means dollar should go down
I believe the US dollar strengthens as rates rise.
Article on the topic:
https://forbes.com/sites/moneybuilder/2011/12/01/what-determines-the-strength-of-a-currency/#72d…
Mentioned almost 2 weeks ago here at MFO by @Puddnhead with this link:
U.S. subprime auto lenders are losing money
on car loans at the highest rate since the aftermath of the 2008
financial crisis as more borrowers fall behind on payments,
accordin…
Recent Article (3/21/2017)
Big Oil muscling in on Shale:
From Article:
If the big boys are successful, they’ll scramble the U.S. energy business, boost American oil production, keep prices low, and steal influence from big producers, such as Saudi …
@Mark,
You might want sometime to look at good old Barnes Group, B, never a huge payer but very steady, since forever.
"B" is also for Bristol, CT the headquarters for the two of us..."B" and "Bee". Maybe I should pay more attention to what's right …
@Mark,
Thanks for the lengthy response and creating a new thread. Hopefully other will add their thoughts on the topic.
AAII offers a nice newsletter and online membership that, as I recall, provide some guidance with regard to stock, Fund, and E…
As parents, we have an opportunity and an obligation to help are kids develop good financial habits. For example, before walking into a store with my kids I would often hand them each a buck and tell them they can spend it on anything they chose or …
@Mark,
Thanks for the link and the write up. Interesting that your investing experience has lead you to holding individual securities for income. What have you found the challenges and the surprises with this approach?
@Mark said,
my own dividend/income growth portfolio of 25 stocks exceeds it by any financial metric save for the investing knowledge of the portfolio management team.
Would you care to share your thoughts as to this strategy. I would like to consid…
Another great resource that I actually read daily is Ed Slott's IRA Discussion Board. You can submit your own question or scan through questions already posed by readers.
Main discussion link:
https://irahelp.com/forums/ira-discussion-forum
Here's…
@msf said,
@davidrmoran sent me a link that's worth sharing (if I've made him a bit gun shy, I apologize) that does this. It's a column, but one that lays out the perspectives, facts, and viewpoints clearly and calmly:
http://www.slate.com/blogs/mon…
I also am part of an ACA plan. High deductible... first $6500 on me and then shared costs for the next $6500 so I also wondered how I will approach my medical care decisions. I will make it a point to list my medical needs against what is covered as…
I believe it is @rono who quotes Rothschild's advice about building and preserving wealth. 1/3 Rare Art, 1/3 Real Estate, 1/3 Securities:
I read a quote from the Elder Baron Rothschild that to protect yourself against economic calamity, you should h…
