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.
The double edge sword of productivity.
From Article:
"Oil prices have plunged to the lowest level this year as US shale producers boost output at an astonishing pace and crude inventories keep rising, triggering a wave of selling by hedge funds wi…
A great site to track mutual fund and ETF MO (momentum) is Bob's Mutual Fund Page.
Select Leader board for all funds or NTF Funds. Also, site will list Fund Families individually.
customer.wcta.net/roberty/F-SET-LB.html
Vangaurd has a nice interactive chart that illustrates the impact Expense Ratio (ER) fees have on "lost return".
By sliding the expected return control closer to the left (simulating a low return environment where CAPE is historically high) fees …
@00BY ...but only 3 beat for the year
Isn't Bridgeway the only fund company that lowers its fund's ER when they under performs their benchmark?
Nice touch.
@LewisBraham,
"...the government will virtually ensure the cycle of poverty continues as many of the poorest people are young single mothers."
As a former fetus, I do not believe the extermination of life is a cure for poverty though I suppose many…
Receiving a steady stream of income over the course of your retired life is not a terrible concept, in fact it's necessary. Not all annuities are designed the same. Most 403(b) annuities have high initial costs, poor investment choices, and many ong…
@Crash, If there is an employee match (unheard of in teaching) contribute to the max. Use your knowledge from other site (like this one) to inform her and you. Sounds like she avoided annuities...that's great.
Keep making her lunch and hot coffee …
@Puddnhead,
Sorry for drifting here (Buffalo wings & longnecks again..then @Old_Joe stopped by). Your fund is very small (51 million AUM) so could be nimble. It has a short manager record (4 yrs). It's ER is .97% (I like, not 1.01%, burp). The …
@Old-Joe,
I might be "a willing participate" of these funds, but I'm afraid that if I revivified one I'd have to propitiate them all. Trying to limit the number of funds I sleep with.
My biggest compliant (really a conundrum) is that almost all Buffalo funds all have a 1.01% ER. You'd think they would shave .02% off these fund's ER so that they could be marketed as below 1%. Very curious.
@msf,
I will be traveling next week...I hope I do not get the same "flaky screener" at the airport.
Thanks for the further explanation on beta.
Do you have favorite screening tool...maybe MFO's?
@catch22,
These transfers were supposedly making it difficult for the original 403(b) contract provider (insurance company) to be held accountable once a transferred was made (for audit purposes). Potentially coincidental?
withum.com/kc/90-24-tra…
@BenWP,
BCSIX not only has a nice portfolio of Small Cap HC, but a large inventory of SC Tech. Combine this with a long history of great management makes this fund a keeper, but you already knew that.
Thanks for pointing out this fund to the thre…
Equity Funds w/ HC
POAGX - 29% HC
VHCOX - 29% HC
BCSIX - 27% HC (also 61% is in Tech)...both in the SC space.
PRNHX - 17% HC
SFGIX - 11% HC (5x higher than its category)
Allocation Funds w/ HC
PRWCX (68% Equity) - 22% in HC
VWINX (38% Equity) - 13%…
@msf,
I believe the to NASDQ funds are considered low beta for their category (Large Growth). I am assuming S&P 500 is Large Blend. I like your suggestions with ER, I'll add that to my screening tasks.
Your link to the M*screener locked me out…
Some facts about teacher retirement plans in CT (each state has it own approach):
-CT teachers contribute to medicare, but not Social Security. CT teachers contribute to a State run retirement system in lieu of receiving SS.
-CT is attempting (a …
Term means it covers a certain term (time frame). This might be a good way to offset a liability like a home loan, but I am not sure it accomplishes what you are proposing unless they know that they will expire before the term insurance expires.
…
Companion Gardening makes a lot of sense. Mother Earth suggest keeping potatoes away from tomatoes...something about stepping on each others "toes". Actually Burpee is quoted as saying, "Potatoes and tomatoes are attacked by the same blight."
Potat…
Of all the variables you listed the most powerful is the compounding of interest (5%) over time (50 years). This teenager should try to save as much as possible early in life and then let time and compounded interest work their magic.
Q's to pose …
Thanks for the shout out @hank.
Most people here at MFO have lived long enough to be entitled to an opinion yet are still young enough to hopefully be full of sh*t.
We are all a work in progress.
@Nick_de_Peyster,
My mom had 8 of these and we all went far beyond being merely financial burdens. I'm glad she convince my dad that we were assets worth holding.
Also, the next time I see a young women with a older man I will try to remember thi…
I believe the $50K is before taxes, but you make a good point. Taxes can be the single biggest drag on any withdrawal strategy. Obviously with this strategy (taking $50k/yr) will meet RMD obligations, but such a sizable withdrawal may also increase …
Nice graphs @bee. Thanks.
I back tested using Portfolio Visualizer. Rolling averages can be backtested of individual funds/etfs or a combination (portfolio) of funds/etfs.
Great tool that is often mentioned by @MJG, @davidrmoran and others.
https…
If I can't be whole again in 3 years, then I don't want to invest there.
@VintageFreak,
Historically none of your funds have ever experienced a negative 3 year rolling average.
GLRBX has data back to 1996:
OAKBX data goes back to 1998:
ICMBX ha…
@Maurice,
I can tell you that I've held cash longer than I ever have, and it has been my biggest mistake of all the years that I've been investing.
Putting cash back to work is challenging.
One way would be to "dip your toe" into conservative all…
I believe a recent interview with Charles De Vaulx held the same opinion about the importance of cash in 2017:
wealthtrack.com/high-risk-market-international-value-advisers-charles-de-vaulx-says-markets-expensive-opportunities/
"We’re holding cash. …
@Ted...O.K. corral...I see my failings...you created another post...too many post...to few brain cells.
Nice to see that your "linkometer" is back in the healthy range.
@Ted,
I couldn't find a link in your original post for the full interview. I tried your embedded video, but it was just 30 seconds long. My bad if I missed something.
Good find. Thanks again.
Thanks @Ted,
Link to interview:
wealthtrack.com/tax-alpha-tax-advantaged-investing-can-add-1-3-to-portfolio-returns-annually-better-than-most-active-managers-can-deliver-langstraat-welch-explain-how-its-done/
There is no free lunch. You pay for it one way or another, 12b1 or TF. pick your poison
I would add that some TF fund share classes can actually be cheaper than their NTF brethren. Compare an NTF share class (ER) with the combined cost of (TF fee …
I believe one of the T. Rowe Price managers concluded that ST Corporate Bonds would be a reasonable choice for risk/reward.
A few funds I'd look in this category are THOPX, FATRX, and PSHDX.
A Short Term government Bond fund that I'd check out i…
