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.
@msf, Thanks for clarifying. My apologizes to you and all 5th grade teachers. You are correct. As I mentioned, above, the number of share classes can complicate the math a bit. In this case, I got completely tripped up with merely two. Thanks for fa…
."There is ample evidence to suggest that Medicaid provides little if any benefit. One notable experiment in Oregon found no improvements in health outcomes from Medicaid enrollment. But regardless, repeal of ObamaCare is unlikely to have any short-…
Some funds that use a tax managed strategy might also include index funds and muni funds. Funds that combine these two strategy (50%- S&P 500 index / LC Blend and 50% -tax free Munis) include USBLX (5*) , and VTMFX (5*/gold). USBLX holds 501 sto…
Thanks @David_Snowball, so if my 4th grade math teacher ask me quickly how much of VGSTX is owned by these concentrated owners (5% or greater owners) I would quickly guess...about 70%. Wow! The two mutual funds, (VGSTX and VDEQX), own over a third (…
@VintageFreak,
An individual investor can be their own worse enemies and I am no exception.
FundAlarm opened my eye to that reality with VWUSX. Thank you Roy and others.
To your point about "why?", even M* seem to want to give this old dog a bon…
Another fund that should have been put down was, VWUSX, Vanguard US Growth. A "3-Alarm Fund" back in the Fund Alarm days.
I held this fund as it imploded back in the early 2000's. I hold Vanguard management personally responsible for not pulling th…
Ever think of being a Scotch Advisor? Requires a daily review of both the Scotch Market (mostly Pubs) and obviously the Scotch Tape (mostly Bonds)...Slainte!
Just my humble pie:
So the fund (RYSEX) was closed to new investors in 2012. The closing was a result of "a lack of opportunities in the market". The fund remained closed and held very little cash since no new money was coming in.
Had he left the…
QQQ up on Low Volume...sign of a top or just a slow snowy trading day in the Northeast?
mcoscillator.com/learning_center/weekly_chart/low_qqq_volume_a_sign_of_a_top/
@Old_Skeet,
Thanks for the kind words and for your willingness to share your investing approach. Many paths up the mountain.
Always enjoy seeing/reading what's "Old_Skeet Sleeves"!
Thanks as well @Old_Skeet
I receive this "Chart of the Day" from McClellon in my email and I thought it might fit into this thread nicely.
Some investors struggle with the value of technicals. I see them as just one more tool in the toolbox.
Th…
Maybe @Ted went all in on indexing and now spends his time knitting, whittling,and baking.
It's always the other guys at the bar who wish their "friend" would come back in and start drinking again.
Hope you are getting better with each day.
We'…
@msf wrote:
A cheap, actively managed Vanguard fund will do just fine.
17 Actively Managed Vanguard Funds that beat the index listed here:
funds-newsletter.com/feb17-newsletter/feb17-new.htm
@MikeM2,
Try including the "@" symbol and then the member name such as @MikeM2 or @Junkster. This will flag your comment with the member and might get a quicker response.
What do you think of LSIOX?
Look like a great choice (M*****,Silver), but has limited availability. In fact, even the LS website doesn't list this fund which makes it very limited.
@BobC,
My apologies for using M* charts and its limitations.
Using a different tool (Portfolio Visualizer) it looks like OSTIX under performed AGG for the two years you reference, but it has crushed AGG in many other years.
Some great comments from some great commenters...I appreciate @BobC downside concern, but my thought here is to employ a "buy and hold strictly for income" strategy. Certainly HY can have default risk, but from an income (taking coupon payments for …
@jerry,
I believe "d'Pudd" made another attempt and the link was a bit different than my suggestion.
Here's his follow up:
mutualfundobserver.com/discuss/discussion/31145/interest-rates/p1
Hope that helps.
PONDX continues to amaze (though not a HY Bond fund).
Maybe @Junkster could chime here, but I also see WHIYX as a reasonable HY choice as well. M8 knock this fund for recent management changes. Another choice that performs similarly to WHIYX, but …
Has anyone utilized the Guggenheim Bulletshares bond etfs?
Here's their site. A bond ladder can be evaluated (created) using their bulletshare bond etfs. Each etf is sold (distributed) in the year it matures.
Overview:
gi.guggenheiminvestments.com…
@VintageFreak:
Your comments are exactly spot on. Both the media and the investment experts do a piss poor job of explaining bonds.
I'm no bond expert so I will make a shout out to @Junkster, @BobC, @Anyonelse who would like to step into this thr…
One problem I have with the data is its starting point (2000 market top). Index fund often get crushed in downturns in the market since these types of fund remain totally invested. Managed funds have the opportunity to make risk on/ risk off decisio…
@Crash & @JohnChisum,
Vanguard offers VPACX which holds 60 % Japan and has a 2.5% yield.
Hennessy has two very successful Japan funds that are a bit pricey (ER), HJPNX & HJPSX. HJPSX has out performed (over the last 10 yrs). It holds 60 com…
@Tony,
I wanted to link the update to the Golden Butterfly Portfolio you referenced:
https://portfoliocharts.com/2016/04/18/the-theory-behind-the-golden-butterfly/
Something very futile about walls. Described here by one of the best.
Mending Wall - Poem by Robert Frost
Something there is that doesn't love a wall,
That sends the frozen-ground-swell under it,
And spills the upper boulders in the sun;
And makes…
@Puddnhead,
Time to trim Duke's finger nails.
Here's another longneck (data deep) site that allows the reader to select different countries...open the pull down window on right side of page where you see the "United States" is Listed:
tradingeco…
PRESSmUP , for what it's worth, my Schwab financial guy told me Schwab does not offer HSA accounts. Digging a little more, I found none of the big supermarket brokerages do. I have not found a good place to set up an HSA that can invest in much else…
In the discussion portion of a @PRESSmUP link I found this Optimal Retirement Planner:
"The Optimal Retirement Planner (ORP) computes your tax-efficient schedule of retirement savings withdrawals for your entire planned retirement. Withdrawals from…
@davidmoran Roth conversions
The cynical side of me thinks:
Paying taxes (Roth IRA) first would reduce AUM for managers like Edelman by the investor's tax rate or between 20-30%. This would equate to a 25-42% loss of profits over a 30 year time fram…
@msf"Generally, only one qualified HSA funding distribution is allowed during the lifetime of an individual."
Agree with this, a one time (at any age) direct roll over (trustee to trustee) from a TIRA to an HSA. I did this the first year I funded my…
Thanks @PRESSmUP for these two links.
In a similar manner to a Roth conversion strategy, I will be funding my HSA with T.IRA dollars from 59.5 - 65. I consider this a tax free conversion if I use these HSA dollars for healthcare. Also, there are n…
