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.
@jerry & @Sven,
Fair enough with respect to the merits of MyRA.
What I find interesting is the process and strategies central banks (US Fed maybe ahead of the other Central Banks) will implement to unwind all of the stimulus that has propped …
@MJG,
Thanks for chiming in.
You stated:
"As a third case, I invented an 8 category portfolio which was more heavily weighted to US equities including Small Cap Value, TIPS, and a replacement of the money market holding with a Short Term Corporate…
Dinner on them...the rest of night is on you. Nothing wrong with being courted so long as you keep your wallet/purse and your pants /dress on. Combine appetizers at Costco with one of these dinners for the ultimate retiree's night out.
My concern is that the next time around, you want to own assets, especially ones that fare well in an inflationary environment.
Arguably the cheapest and most shunned assets today are inflationary assets.
Here's an interesting article on the impor…
@expatsp
"FWIW, Warren Buffett's equity allocation has been creeping higher"
Since this chart is being expressed in overall percentages of the the three part of Warren's portfolio, could much of the change in percentage be due to the performance of…
So my question is which Large Cap companies have not already been priced today for future growth? Instead of only using Price Earnings ratio PE), one recent wealth tracks interviewee (Tom Russo) suggested evaluating company growth based on a company…
Regulation is a paper tiger without enforcement.
How many "bankster" have been brought to justice as a result of financial regulations?
Try this sometime (because most of us never do): Get on the highway and follow the posted speed limit (follow…
The search for yield and credit quality (flight to safety) by world markets put downward pressure on the interest rate of US high quality bonds.
This realty has to be weighed against the upward pressure the Fed will eventually put on interest rate…
Next, what is a person to do with the roths that lose money ? One that make's 15 % & 9 that lose $$ , just doesn't make sense to me !?
Derf
Maybe the thought is to make fewer "Roth" bets and hopefulluy one hits a double (2x's its histori…
I have read that the taxes paid on a Roth conversion are best paid with fund outside of IRA accounts. Here's a strategy that I think provides a way to pay taxes on a Roth conversion with the very Roth that is being converted. Humor me by reading on.…
@msf said...If you don't need the money, pay the $4500 tax, and put the rest (25,500) into a Roth. That way you haven't touched any of your taxable accounts (so whatever plans you had for that money are unchanged), you keep your traditional IRA f…
Hennessey Fund's Concentrated Mid Cap 30 Fund (HFMDX) looks interesting. Wish the ER was lower.
M* Comments about Mr. Peery:
" Brian’s strength as a money manager lies in his commitment to quantitative, formula-based investing. Having done extensi…
@Bee - M* notes a 19% cash position. Leaving aside the fact that M* doesn't always have the data just right how does that jive with your claim of no cash position?
Your right, the manager decides how much cash is held within the fund. My point is th…
My wife is 5 years younger than me, and her earnings when she worked were much lower than mine. Our thought is for me to defer taking my SS to 70, she claims half of mine at her FRA when she turns 66, and then she can move to her own at 70 if gre…
BRUFX is my Health Saving Account funding choice. Like the choices Ford offered his customers, you can have any color car so long as its black, you are always fully invested in BRUFX, no cash position. A very spartan online experience. "Bill Pay" is…
His "solution" is to take out a large mortgage, out of which you both pay for the maintenance and the mortgage. He cheerfully suggests that this otherwise impoverished person take the remaining mortgage money and invest it at a rate so as to be abl…
I am 66 and will defer SS as long as possible (to age 70), but in the event of another big market meltdown, I can always take it sooner. My wife and I can probably live comfortably off our portfolio alone until 95, but we also want to leave somethi…
You all are reconfirming for me why I have no holdings with this fund family. Their fund structure seems full of marketing costs to what otherwise are low cost funds.
Thanks to everyone who commented.
@bee: From Scott Burns's Website AssetBuilder.Com: DFA vs Vanguard.
Regards,
Ted
http://assetbuilder.com/investing/dfa_vs_vanguard
Thanks for the link Ted:
Article quote:
"Vanguard is a first generation of index funds. DFA is a second generation…
A recent platform change at USAA Marketplace now offers DFA funds (TF).
Does anyone have a set of favorite Dimensional Funds?
A DFA fund with an interesting focus and a very spicy ticker symbol is DFUKX. United Kingdom Small Cap Fund which I thin…
When I consolidated my kids student loans I essentially merged a set of variable interest rate loans into one locked rate and one loan. June is a good time to compare what next years student loan rates are resetting to and what the potential consoli…
A while back I bought into a income fund that is multi asset in nature. My thinking on this was a place to park money for the short term before it goes into cash instead. For example, if I keep 12 months cash available, I would have 3-5 years in thi…
Dex, STHBX a dog of a dog. In the same short term junk arena it is completely outclassed by ASHDX and OSTIX.
I was going to suggest a combination of OSTIX and WHIYX.
ASHDX has a short history from what I have researched.
I recently converted a small portion of my Traditional IRA to a Roth. At an advanced age, conversions work best if you can identify a beaten up area and convert at a very low NAV and than play the bounce. My chioce for such a fund was QRAAX, a re…
@Old_Joe "What I've heard said by thems that know" (get ready for a dodgy reply)...
One approach might be a 'fund of funds' that hold is a series of bullet bond etfs. These bullet bond etfs would expire at their maturity date and a new "wrung" (bul…
Dan Fuss who was managing bonds during the 70's and 80's has mentioned the importance of laddering bonds. Not sure if this is best accomplished in a bond fund or by buying individual bonds.
Fireside chat with Dan Fuss:
Dan Fuss with Jim Sarni
@MJG Negative market returns are part of the picture. The other piece is the recover time. What I mean here is, "how long will it take for your stocks to recover from periodic negative returns?"
Segregating your portfolio according to MaxDD (risk) …
I am actively looking for these kinds of investments.
@Dex got me thinking about what he called "near cash". I interpret this "near cash" as the portion of my portfolio that is available to supplement yearly income and the occasional emergency. @D…
Lots to digest here...burp.
I wanted to gather some best idea here:
1. Work out a budget, revise as necessary... long term success to your investment portfolio is figuring out how to live well without overspending your wealth. (Dex, Junkster,hank…
Thanks for this article Ted.
I'm look at this article from the eyes of retiree in their distribution phase of life.
Retirees can't depend on current working income to buy "assets on the cheap" when markets periodically correct. When trying to ride…
I didn't see a list of felons...just names of friendly neighbor "hood" banks. Nice to know that my mortgage interest payments to Citi are going to good productive use.
I'm not fine with just fines.
Nice work Dex.
Some thoughts. I'd be a little worried about a swoon that lasts longer than 4 years and how it would put pressure on your near cash invested assets. A lost decade? Sound possible?
Would it be worth breaking out your invested reserve…
Not sure the jobs your referring to (assembly line work) will be tomorrow's high tech jobs. When it comes to this kind of production (washing machines), the more robots the better. Robotic manufacturing has turned a dirty, tedious, and sometimes dan…
Thanks for the read.
From my perspective, most humans are basically lazy (not fond of work) and often unwilling to follow instructions properly. Machines do not tire nor complain, yet need specific man made instructions and components to operate p…
