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.
Also, one shouldn't disagree with @Ted especially when his post is confirmed by @Old_Skeet. ;)
I was just adding (or subtracting) to/from the thread with some recent readings on a S&P 500 (VFINX) 10 dma strategy discussed here:
60/40 stock/bo…
@JunksterBut I also have that covered as my long time lady friend is my neighbor. So your not against the idea borrowing (a cup a sugar) in retirement. ;)
I have often wondered how spending habits change in retirement. Interesting how RMD will be …
Debt is a drag on one's available resources.
If a newly minted retiree has had the discipline to pay off debt prior to retirement more power to them, but using your retirement nest egg to eliminate debt at the start of retirement seems counter intu…
Getting back to the question as to "where" should retirement withdrawals come from this study researched a number of options and I liked this quote enough to pass it along:
In virtually all the scenarios, "it pays to eat your bonds first, equities …
Interesting Read using a three fund portfolio (VFINX, VUSTX, VSGBX or VFITX) and a 200 mda filter.
From the link:
"The popular 60/40 Stocks/Bond portfolio performs well over the past 24 years, but adding a simple moving average to this portfolio ha…
I made a note as to my portfolio value back when the S&P hit 2130 (about 5/22/15). I have done nothing to my portfolio since that high. It will be somewhat interesting (to me at least) to see how my portfolio compares in value if and when the S&…
Has anyone explored the tax considerations with respect to Safe Withdrawal Rate?
I'm gonna assume that a Roth withdrawal could potentially be 15-40% smaller due to the fact that these withdrawal don't get a "income tax haircut" prior to fulfilling…
I would like to hear from other retirees who have successfully navigate a portfolio's downside risk in retirement from the point of view of a safe withdrawal "method". In other words, along with a SWR (Safe Withdrawal Rate) there also needs to be gu…
Thanks for this "message in a bottle", it led me to these two articles:
7twelveportfolio.com/Downloads/A-Better-Balanced-Fund.pdf
aaii.com/journal/article/the-importance-of-diversification-in-retirement-portfolios.touch
GLFOX has a low beta, high alpha historical record. Not that it will continue this way but in comparison to TOLSX it has weathered this last storm quite well.
Here it is charted with TOLSX and your IDE:
One thing that makes my wife, a retired schoolteacher, angry are the fact that some school districts offer annuities as a component of a tax-deferred 403(b) account.
Cheers
Might want to visit this site for some resources:
403bwise.com/participa…
Performance Trust offers a pure muni fund in PTRMX.
As a multi-sector bond fund, PTIAX seems to have strong convictions for munis and non-agency residential MBS. These two categories seem to make up 75% of the fund.
@Junkster et al,
Not sure if you follow these interviews, but M. Buchanan thinks everyone should own a Closed End HY Bond Fund for its relative yield, for it's discount to NAV and for its relative performance to equities along with it's lower volat…
Will take another look at DXJ and DXJH in particular and looking now. The $/Yen.....
Also related, the ongoing purchase program of Japanese etf's by the BOJ.
Use of these two ETFs were also mentioned during the Wealthtrack interview with BlackRoc…
meaning you could probably beat a hedge fund with an actively managed no-load mutual fund with an ER of 1% or less and no 12(b)-1 fees.
These funds did just that:
Recently I decided to take a road trip and drive 1500 miles this winter rather than use Jet fuel to get where I was going. Four fill - ups came to about $120. Hotel room for 1 night on the road came to $75. A cooler full of drinks/snack kept my food…
Let me reply with an excellent post by me below.
And ... what task will 10,000 automobile assembly line workers move onto? You say potato ... I say potato.
I'll be the last to advocate for unemployment or underemployment or the demise of manufac…
I wonder if replacing the word "job" with the word "task" might help in this discussion about robotics. Robotics (automation) allows humans to move onto more important "tasks" as part of their occupation. An occupation (job) is full of different tas…
I believe Puerto Rico is attempting to be included on this list of tax havens.
taxjustice.net/2016/01/06/ironic-pillage-tax-haven-puerto-rico-offshore-hedge-funds/
Article link referenced:
prospect.org/article/how-hedge-funds-are-pillaging-puerto-…
Here is a reasonable recap of the company:
https://www.washingtonpost.com/news/to-your-health/wp/2015/10/16/a-comprehensive-guide-to-theranos-troubles-and-what-it-means-for-you/
press
I believe I read Theranos is using Walgreens in the AZ area as a…
The analysis should be the pay back date of no college vs college (at current price) considering opportunity costs and debt interest. That would be interesting.
College is now the new high school anyway.
Compare a plumber straight out of tech sc…
Thanks for starting this conversation @davfor.
There's more going on in this one thread then most political debates and nightly news casts I've turned off. Hope others feel the same. Thanks for all the points of view.
Common ground is usually hard…
And what do all these newly freed people do for money to pay for oh little things like food, clothing, shelter and their painting supplies?
Just because I landed a great paying job at the Stanley Works (where I found gainful employment in the 1970'…
On the topic of fiduciary responsibility:
There has never been a fiduciary responsibility for 403(b) plans as far as I am aware.
Read here if interested:
How non-profit employers must structure their plans to avoid having their 403(b) plan subje…
@msf,
Hmm...sorry...I fixed my typo...should've read 403(b) not 40b(b).
Here's is Vanguard's explanation of their 403(b)(7) plan which we, as teacher, fought tooth and nail to have our school system offer as an alternative to the many annuities op…
One thing to keep in mind: the many kinds of deferred annuities "guaranteeing" 5, 6, 7% are not "bought" by consumers. Consumers are SOLD these things.
I learned very early on in my teaching career there was a big difference between a 40b(b) (IRA …
Robotics has more to do with the reshuffling of the job market and less to do with the credit market.
Robots will replace dangerous and repetitive jobs with machines that can complete these jobs safely and accurately and over longer periods of tim…
@Junkster...my previous post (including the chart) has been edited to reflect your comments.
Also, take a look at PTRMX as a comparison to ABTYX. A slightly tamer downside performance over the last three years.
The moral of course is let price dictate your actions, not what you think.
@Junkster...a question...
Since HY bond have a high correlation to stock performance, do you find HY bond are a leading indicator for stocks or the other way around?
Today …
An interesting read that lends itself to this thread and this chart from the "Short Side of Long" blog.
"Yesterday was quite a strong down day, registering almost 1,400 new lows on the NY stock exchange. Historically, this is a very rare feat."
…
There seems to be a lot more built into the pricing of a commodities (oil at the top of that list). More than merely a business model of supply and demand, costs and profits.
Oil trades in dollars so a certain portion of oil's price (in USD) is imp…
Thanks @davfor,
I ran out of coffee about a third of the way through. I'll pick back up at happy hour.
My thought at this point: Not even a well paid and talented fund manager can pull these strategies off, but if they are out there I would like …
At some point, demand could exceed supply, and then we will see prices rise significantly. Funny how this works. It happens with virtually all commodities at some point, when supply exceeds demand. Some cycles take longer than others to play out…
