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.
@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…
@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 …
