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.
I have own this fund Long term... off nearly 20% YTD... 10% of my portfolio.
So here the deal. Buy into this fund a little at a time and monitor its performance. It has under performed for the last 5 years so pay close attention. If its performance…
Dec 3rd
Repeat of old shows. Another feature of Wealthtrack is Webextra. Some of these short investment points may be of interest.
Linked here:
https://wealthtrack.com/category/webextra/page/3/
Nov 25th This week’s guest has long been an avowed enemy of inflation and an outspoken critic of the Fed’s inflation-boosting policies. How is he feeling now? Grant will discuss the Fed’s about-face on inflation, the battle it faces to bring it unde…
Nov 12th Episode
As the markets fluctuate around us, how much should investors change?
This week’s guest has his own historical perspective on that question because he has lived through a momentous evolution in the markets. He is Charles Ellis, who…
Don't forget to re-invest the 4.48% dividend each month.
4.4 share of McDonald's purchased at its IPO (1965):
if-you-had-invested-100-in-mcdonalds-ipo-heres-how
The math isn't as simple as taking the stock's return since the IPO date. First, we ha…
October 28th show
We have a new guest on WEALTHTRACK with a long and distinguished track record of investing in high-quality, dividend-paying stocks. She is Clare Hart, who Morningstar calls “one of the industry’s most impressive managers.”
Hart h…
BAC - 24% YTD
APPL - 19% YTD
BRK - 12& YTD
Does diversification work ? Looks like over YTD it does.
Have a good day, Derf
Also remember how BRK acquired shares of BAC
bank-america-become-one-warren
Buffett…
10/22 Episode:
Clements will give us his perspective on the much-changed financial climate we find ourselves in and offer portfolio and financial planning adjustments for rising interest rates and inflation.
The story mentions Verizon in the value camp as one that has done poorly. It's getting clobbered again today, and now has an eye-popping 7% dividend yield. Either it is insanely cheap or that dividend will soon be cut. I'm going with cheap: https://…
PV does a nice job of Max DD and recovery:
Here the S&P 500 since 1985...select "drawdown" tab to see this information.
S&P 500 Since 1985
Should look like this:
Oct 8 Episode
It’s been a rough year for the markets and Capital Appreciation, although it’s down less than the market and its category. In this weekend’s episode, Giroux will give us his view of the state of the market, its risks, and potential rew…
@Rbrt,
Keep things simple.
- Do Roth conversions up to the 12% tax bracket. No brainer.
- Consider converting to Roth any long term holding that has temporarily lost 20% or more… the loss will eventually pay for the tax hit.
- look at your RMDs…
@BenWP,
RMD are taken for tax purposes. The government wants to collect deferred taxes on the deferred arrangement of certain retirement accounts. Our budget should budget for these tax payments. Starting SWR prior to RMD may actually help lower RM…
With an annuity, one gives up capital and potential capital appreciation in exchange for a steady (usually fixed) income stream for life. A SWR provides an alternative.
@Old_Joe, my understanding of "SWR as a percentage" is that it's not based on …
@Old_Joe
My thought is to consider DSWR = “Dynamic” Safe Withdrawal Rate”
Simply,
- you set a SWR…say 4%
- you “dynamically” adjust your SWR based on your yearly portfolio performance. So, if you set SWR to 4%, but the market (more importantly… y…
@yogibearbull
Thanks for the further explanation of AIR. My point is that SWR (which is type of payout...that hopefully last a lifetime) should have in it's SWR methodology considerations for performance ( in both up and down markets).
Explanation of “SWR” from the prospectus of QREARX
“Payments” reflect an assumed investment return of 4%. If the investment performance of the Account is constantly equal to the assumed investment return of 4% in a given year, a contract owner’s inc…
A year ago on WEALTHTRACK, in September of 2021, Research Affiliates’ Rob Arnott made two macro observations. One, he predicted there were “very high odds” of a resurgence in inflation. Two, that the multi-year outperformance of growth over value st…
This week’s guest is a longtime holder of Berkshire stock and has been an avid student of Buffett’s style of value investing since meeting the legendary investor at Stanford Business School in the early 1980s. He is Tom Russo, managing member of th…
September 9, 2022
This weekend’s guest who recently reopened his fund to new investors because of the “improved opportunity set.” He is Tom Atteberry, now Senior Advisor to FPA New Income Fund having just retired, as planned, from his portfolio mana…
I often refer questions to Ed Slott's discussion board for IRA questions.
https://irahelp.com/phpBB
A login is required to ask questions. They are very responsive and helpful.
Received this from their forum today:
No. HSAs are not defined a…
@yogibearbull,
Thanks for chiming in. Interestingly too, one does not need earned income to make an HSA contribution which also makes it a different duck.
@MrRuffles,
My Insurance plan is a government subsidized (due to my low income) HDHP ($6500 deduction) plan and is an HSA qualified Plan. Not all HSA owners are upper income.
My question is pertinent to low income, young, healthy individuals who …
@Orage
-Contributions are tax deductible much like a IRA,
-Has yearly contribution limits much like an IRA,
-Non-HSA withdrawals are treated like tax deferred withdrawal after age 65 much like a TIRA
-Oftened mentioned together with other retir…
I charted Vanguard Wellesley (VWIAX) against the Total US Market (VTSMX) over the time frame 2008 - 2013. @Derf, be prepared to give your investment the time for the market to recover (5 years or longer). That said, I think we are at a point where m…
@carew388,
This company's stocks would have afforded you the sweet meat and the treatment (dental bill on those wisdom teeth). HSY has had a great 1Yr, 3 Yr, 5 Yr, 10 Yr, 15 Yr returns.
https://morningstar.com/stocks/xnys/hsy/chart
@Catch22
“[Red Notice] does for investing in Russia and the former Soviet Union what Liar’s Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed securities business in the 1980s. Browder’s business saga meshes we…
Global bond manager Jack McIntyre says central banks around the world are determined to stamp out inflation. Their success will determine the direction of markets and economies. He explains how he is investing for several outcomes.
Investments …
@hank @Old_Joe
Often no one notices the work we do...accepts the kids and sometimes the outside world.
Thank you for making a difference... much like my colleague whose life was cut short by COVID... Love you Tom...RIP... You made a difference in…
Another take on Tech and whether the bottom is in...not so fast:
‘more pain to come’ for the tech sector
Higher rates make growth-oriented companies’ future earnings less attractive. Tech companies, especially those backed by venture capital, tend …
@Roy, you have what it takes to hold such a fund… more power to you.
@Sven, PRWCX may fall into “group think”… I owned Pimco Income and then the winds changed… winds change so we adjust your sails.
@hank, thanks for your suggestion and comments… …
Using Mutual Funds for Retirement Income
I have posed this question to myself... could a fund... or funds serve as a funding source for inflation adjusted retirement income?
Withdrawal Scenario:
If a retiree started taking a 4% safe withdrawal ra…
The OP was December 2021 by @catch22. Using his EFT Global link we can see a lot has happened that is still red and only a few buys recommendations. Interestingly India stand out as global standout (beyond US equities).
Some funds that seems to b…
