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.
Recharacterization are another tax move investors might consider this time of year.
From Ed Slott's website:
"The deadline to complete the recharacterization is October 15 of the year after the year of the conversion. If you miss this date, you ca…
LB that reminded my of vanilla wafer and Saturday afternoons as a kid...lame , but entertaining. Thanks.
OJ, I continue to believe technology will be the place to invest even as one is replace by the next.
VF, somewhere between fast food and fast…
Putting a value on gold requires measuring the marginal cost of production plus the fear premium. Measuring the fear premium is the tricky part.
Storage is another cost... whether as slips of paper (etfs) or the actual metal.
I'm looking at this strategy backwards.
If I were 11+ years away from retirement I would hold only bucket three, but add NAESX to the portfolio. Percentages could be adjusted in bucket three to make it more or less aggressive depending on individua…
POAGX. Midcap Growth. Hmmmm.
While screening for MC funds yesterday, two Vanguard MC funds surfaced, VMVIX (MC Value) and VIMSX (MC Blend).
I have to agree with @heezsafe, POAGX seems more of an 'Multicap Growth" fund.
@prinx,
Thanks for the fund suggestion. I will check it out. Do you own their healthcare fund ETNHX?
Looks like both POAGX (33%) and ETGLX (22%) significantly overweight healthcare compared to the MG category (13%).
ETGLX (1.5% ER) has a bit of …
I'll continue to "buy and hold" POAGX. What would be your "yang" to any of these choices since there is considerable volatility?
10 Year comparison of POAGX to these choices:
Per M* tax data:
A combination of performance in both up and down markets makes VWINX compelling.
VWINX worst year wasn't much different than VTMFX/Cash, but much better most other time.
I think this is also the misleading component of Yahoofinance charts verses M* charts. M* charts reflect dividends & capital gains reinvested where as Yahoofinance charts are purely price charts.
Price charts are misleading from a total return…
Sounds like the managers of RNCOX act as middle men collecting a pretty steep fee for deciding when to allocate to the CEF and when not to.
Is there time in their busy day to find other "opportunities"?
There is never a bad time to swap out an under performing dog of a fund so long as you stay invested (sell, then buy).
I did this at the depths of the tech bust (2002) with a Vanguard "Dud of a fund" (VWUSX). I swapped proceeds into two of their …
What you say is true ... but, I decided to put it in my taxable account because I am now retired; and, I have no earned income. I believe, I have to have earned income to make roth contributions?
You could consider a Roth conversion sleeve where by…
Also,
A withdrawal from a Roth IRA is tax free at any age. A Roth IRA can serve a dual purpose as a tax free, penalty free emergency fund source prior to age 59.5. I have on occasion utilized the once a year rollover provision where by I have distr…
Here's an interesting way to accomplish this:
"...a special rule allows Roth recharacterizations to occur on a standalone basis, as long as the conversion is placed in a separate account in the first place.
In fact, this "separate account" rule is…
Using M* chart for same time period. This seems to squeeze the data vertically (on the x axis)...neither seem accurate. In fairness to the fund, a $10k investment in 4/05 was worth $21kish in 4/15.
Since May of 2015 through the last down draft …
These ten funds haven't given me good reason to substitute out my present income fund choice... Pimco Income.
Fund flavors (PONDX, PONCX, PONPX, PONRX, or the cef PDI)... thanks Mark.
@bee so, when you send in your hsa money for the year, you have no control over when they buy shares in the fund?
Actually it gets invested as it arrives, but it remains fully invested until I redeem shares or a dollar amount. All of this is done …
@bee
if you already own BRUFX at Bruce, can you transfer your holding in its entirety to another HSA, ie, Saturna, TD, etc...thereby allowing you to sell shares and hold the cash as necessary?
Again, not my point. I would like to own BRUFX as well …
>> no cash position other than the internal cash held by the fund
How is that different from other funds?
My point is that not with regard to the fund, but to the lack of a cash position (mm fund) option at Bruce.
At some point I would lik…
I am particularly fond of BRUFX, the Bruce Fund. It's not available thru the big brokerage houses (Schwab, et al.), but it has a 15 year annual return of 15.46% compared to 10.11% and 10.08% for FPACX and PRWCX.
I'm hoping BRUFX with help cover my…
I have been noticing GNMA and MBS funds holding up quite well. A historical chart Junkster would love to love.
For example, M* considers USGNX high quality/low interest rate risk using their bond style box shown here:
US government securities a…
Using YahooFinance's portfolio tool I got these results:
IGPAX reported at 6:59 pm yesterday. Etf (VHT) will usually report at 4:00 pm usually while you have to wait until about 6:25 pm for VGHCX...similar holdings, but not identical. I sometimes…
What are you expecting to gain from owning and managing (at least the reallocation decisions) with this "comparative blend set of funds" verses just owning VWINX?
Another set of math comparisons:
A billionaire's 10% loss equates to $100 M or,
-the net worth of 100 millionaires...yow-ouch!
A millionaire's 10% loss equates to $100K or.
-the net worth 100 thousandaires...ouch!
A thousandaires 10% loss equate…
FYI:
In the second chart below, we highlight the percentage of stocks in the S&P 500 trading above their 50-days after today’s rout.
I realize you are only the messenger of this link, but how is it that you can link an article professing t…
We have goals? It wasn't clear we had any sort of plan.
You are more correct than I as far an energy plan goes. Thanks for clearing the lenses on my rose colored glasses. I grew up with TANG and Apollo 13.
Here's a 9 year old presentation that a…
Wood to Coal. Coal to Oil. Oil to Natural Gas, Hydro, Wind, Solar, Nuclear Fission.
We also have a wood glut and a coal glut...I welcome oil to the "glut-cheon" (Kind of an all you can not eat energy buffet).
Let's keep oil in reserve and move o…
With regard to using Roth IRA dollars for longevity risk Julian commented at the end the kitces article with this:
"I agree with you that there are better hedges for old age than longevity annuities. In a Roth IRA or non-retirement account, one opt…
One Article linked here states the following:
"The cumulative dollar amount invested into ALL QLACs across all retirement accounts may NOT exceed the LESSER of $125,000 (original regulations were only $100,000), or the aforementioned 25% threshold.…
I'm wondering which scenario would be more beneficial, should a 55 year old:
#1. Wait until age 70, allowing the IRA to grow tax deferred to potentially get closer to the $125K max.
or,
#2. Purchase a smaller QLAC (25% of present IRA value) at a…
Any thought on holding dividend paying gold or energy companies (in the form of individually stocks, MFs or efts). This strategy might also go for any oversold sector.
My thought is to think of these beat up dividend paying equities as you would a…
My experience has been the plan eliminates a fund and sends out notice to which fund the monies will be transferred to. I cannot leave/transfer my 401 until my employment terminates.
Changing jobs qualifies...I moved from one school district to ano…
