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.
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…
Governance is everything when it comes to a nation's success. Modi has proven that in positive ways for India's people and it's economy. Somehow investor expect a country to be run like a company. Most nations have bifurcate goals. Good governance b…
Thanks Ted,
I'd argue that bonds are like the fuel in the tank and the oil in the engine. The liquidity that keeps the economic machine from seizing up and keeps the cylinders firing. Without bonds the economic system would come to a halt.
Interes…
Similar to this thread's article:
mutualfundobserver.com/discuss/discussion/21802/withdrawals-from-401-k-retirement-plans-exceed-new-contributions-a-shift-that-could-shake-up-u-s#latest
Wonder what it would cost to also buy a 15 year term insurance policy that would payout $125K to guarantee against loss of principal of the annuity?
So from age 70-85 your term life policy covers the costs of the annuity in case of "early departure…
Sometimes it take some encouragement to get seniors to spend. This list is a bit long, but I like getting a 10% raise at my age.
Dunkin Donuts gives free coffee to people over 55 . If you're paying for a cup every day, you might want to start get…
As a full fledged taxpaying member of the "Constipation State"... successful Connecticut companies innovate where opportunity exists...Colt just isn't one of them.
Taser (located in Scottsdale, AZ) is:
bloomberg.com/news/articles/2015-06-16/taser-…
“Water, water, everywhere,
And all the boards did shrink;
Water, water, everywhere,
Nor any drop to drink.”
― Samuel Taylor Coleridge, The Rime of the Ancient Mariner
Time for NASA's research funding to be spent on technologies that step up and d…
Isn't the point of saving to provide the opportunity to spend at some later point in time? Get use to the fact that 1/3 of the US will be spending down their hard earned savings.
Seems stimulative to the economy to me.
I dare say, fewer AUM due t…
"Maybe they're selling back and forth to each other..."
Interesting way to pull profits from a stock price without changing the net number of shares owned. Here's some recent insider transactions. Just wonder if shareholders are drinking Kool-aid w…
@Scott,
"Lampert owns half, Berkowitz a corner, they can't possibly sell, they've either got to liquidate the company or get it paying dividends."
Whose selling shares and driving the price down if 75% of stock is locked up by two owners who I assu…
I am confused by this statement in the linked report:
"There is a common misperception that holding a bond to maturity makes your portfolio immune to interest rate risk. The reality is, when rates rise, the total expected return from a bond is ident…
Are you taking price inflation into account?
I seem to have too much month at the end of the pension check, especially as I pick up the growing costs of my healthcare.
Are your yearly decreases due to reduction in debt or some other costs that "…
Perhaps some can clarify whether other GARP funds have done relatively well recently which could mean that the Acorn people are indeed not doing a good job
I believe POAGX is described as using a GARP. GARP seem like a different way of identifying…
" 29 percent of such households don’t have a pension."
What is surprising is that 71% do have a pension.
If I read the article correctly, I think it claims 29% of the 50% that don't have retirement savings also don't have pensions. The percentage …
So instead of toasters we might be offered free government debt obligations for opening new accounts?
Hopefully one of these new bank account "prizes" isn't described as "G.D.O wallpaper".
