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.
For me, the sweet spot are companies in the commodity sector that pay a dividend that is sustainable and has a proven track record of increasing that dividend, quarter by quarter. Probably the best "bond" you'll ever buy.
Companies with little leve…
On a personal level, it provided immediate relief from a medical concern of mine. At a regular check-up recently, my mother's doctor and I had a slightly elevated "exchange of views" re. her continued use of a statin for improving her lipid profile …
Funny thing, brain function depends on an adequate supply of cholesterol. As you lower blood cholesterol levels to stave off potential ill health effects in one part of your body (the heart) you potentially starve the brain of this necessary element…
What I find interesting is the discussion regarding rolling over an existing IRA to an HSA.
The rollover provision is a one time event and the amount can only be as much as you are allowed to contribute in a given year. For instance an individual…
@msf,
If I understand insurance plans deductibles correctly they reset each year. This also seem like something that needs to be managed over the course of a single health event. When does the deductible coverage begin? When does it end?
If a pat…
@scott,
Whether its the seismic rise of biotech firms or the catastrophe loses of Sears, mutual fund shareholders travel in the coat pockets of their fund managers.
With Sears I wonder less about Lampert as an individual owner who has every right…
Everyone's buy and hold and/or rebalance period has various conditions, eh?
Best case scenario, I suppose, would be a buy/hold of VTI and PIMIX 50/50% mix. Stir the pot once and let simmer.....
Take care,
Catch
An investment discipline I need t…
BAC finally has strong quarter. Yeah!
The Bifurcation of FAIRX...up 1.67% today (on a flat to down day). Bruce puts the "X' in excitement. Today I'm glad BAC is twice the holding SHLD is as part of FAIRX holdings.
LA times Article:
bank-of-ameri…
@ msf said:
If you need to pull money out of a traditional IRA and you're under 59.5, then "laundering" it through the HSA gives you a way to do that (if you've got matching medical expenses). That's the only reason I can see for doing a rollover to…
As an additional funding source have you considered a rollover into your hsa?
If you haven't already done so and have a tax deferred IRA you can make a one time rollover from your IRA to you hsa. The amount cannot exceed your maximum allowable hsa …
I just wanted to thank the MFO community....I reached a big milestone in my HSA, thanks to all of you and the T Rowe Price funds you have recommended over the years. It is greatly appreciated!
Hi l5b,
What's the milestone? Hopefully the Health Sav…
@Charles,
Nice work.
I owe you a grinder or two at Steve's Place or a dog or two at Doogie's next time you're in town (Newington,CT). With lists like these and a little luck maybe even Ruth's Chris Steak House.
Thanks for sharing all your hard w…
Is there such a thing as a tax free annuity? Yes it's called life insurance. when you die, someone collects the $$$$$ tax free. Derf
So, if I approach my kids, and tell them that I would gladly pay them (a life Insurance policy) on Tuesday for (…
When buying an annuity with post tax dollars (oppose to using tax deferred IRA dollars) are the pay outs partially tax free since some of the payout is a "return of principal" that has already been taxed?
Also, if an annuity to purchased with reso…
Of course you have to be tough minded because lots of slings and arrows will come your way !
Regards,
Ted
I find a bit of "piss and vinegar" (as an antiseptic...don't take internally) helps.
Nothing new when it comes to conflict. Thanks.
What is interesting is a comparison of the resource (Oil, Natural Gas) and the Energy Service companies (Drillers, shippers, refineries, Midstreams, chemical, etc.).
Low energy prices are like low interest rates for some companies because it lower…
Matthews Asia Dividend has been a stalwart for years. We use it as a core hold in many client accounts. It is like the Energizer bunny. We call it the 'chicken' way to have China exposure.
MAPIX = Chicken (China) and Dumplings (dividends)!
For China-centric exposure I might select MCDFX. MCDFX has exhibited less volatility over the long term making it easier to hold onto during sell offs like this. MCDFX is still up (+10%) YTD.
QLAC Primer:
understanding-and-implementing-qlacs-in-a-retirement
@Junkster...The author suggests:
You could divide the $125,000 limit into three policies, enabling withdrawals at ages 75, 80 and 85, respectively. It wouldn't provide as large a d…
A few more details about medical expenses and taxes (to throw into your personal tax mix):
Also, if you have self employment income equal to or greater than your medical insurance premiums you can reduce self employment income dollar for dollar up t…
Personally the best thing my wife and I have done financially was to convert our 30-year mortgage to a 15-year mortgage years ago. We will have no mortgage when we retire. That is huge.
One can accomplish this by making extra payments on a 30 year…
With respect to the value of mortgage interest deductions, @Catch22 made a good point worth reminding folks.
In order to take advantage of the mortgage interest as a deduction, one must itemize their deductions rather than taking a standard deduct…
The difference between "paying down a debt" verses "paying off the debt" is important in this decision. "Paying down a debt" shortens the length of repayment, but doesn't remove the monthly payment. "Paying off the debt" removes the monthly payment.…
Hi @bee,
Lastly, a wonderful summer evening in Michigan. Mid-70's (8:30pm), low humidity and a slight breeze.......and lots of local folks shoot'in them rockets.
Regards,
Catch
Yup, Love the smell of sulfur and fire pit especially on Independence…
In the tax deferred account that I own individual stocks in, the dividends are not reinvested but put into a MM fund within the account. That eliminates the distribution issue before 59 ½. Also that gives me flexibility to reinvest those dividends a…
They do not allow reinvestment of dividends so for me it is a neat concept but doesn't work for me for that reason.
Couldn't you reinvest these dividends yourself rather than "they reinvesting dividends" for you?
Either way, aren't dividends (reinv…
I'd argue that now that everyone "knows" that small cap value will outperform...it will cease to do so (at least to as large of an extent).
Also, I tend to believe that their are growth stock selling at the right price (GARP). POAGX seems to use GAR…
Looks like kids of tomorrow will be going into mom and dad's phone to swipe a few bucks.
The old timer in me hopes that Apple develops an app that when this type of "lending" happens the phone emits the sounds of rustling paper and the smell of un…
@ JohnChisum,
Thanks for this link. From this article:
"...the (Faber CAPE) strategy all hinges on your definition of worst. Mr Faber argues that the worst places to invest in are not the cheap markets belonging to troubled economies, but the inve…
@MJG,
Do you invest only in US-centric (CAPE) investments? I would think a diversified portfolio should also have a good slug of non - US investments. A globally diversified portfolio might fair quite well over the next ten years.
Maybe the next t…
Thanks @bee for this info.
Thanks @JohnChisum, here a teleconference by the same author (6.29.15):
fmdcapital.com/teleseminar-four-components-of-a-successful-income-portfolio/
Handout to Audio:
Four-Components-Of-A-Successful-Income-Portfolio.pdf
What about next time ? Will it act the same. Probably not !
Derf
Thanks for baiting me. Lets look at this fund (YACKX) over the last two bubble drops:
Allow me to "cherry pick" a moment in time that would have been unfavorable for YACKX if mention…
Bee, you have been an advocate for recovery time after big down turns. Can I ask what funds you own that have performed well at that aspect?
Advocating is one thing. Pulling off this feat is a work in progress. All I can muster is that my motivation…
@LLJB and @LewisBraham...Wonder if any research has been done with regard to funds that quickly recover from MaxDD? Its the recover time that causes prolonged sleeplessness for most investors.
A market meltdown causes one form of insomnia, but fun…
