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.
Support MFO
Donate through PayPal
Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
Andy’s said: Otherwise, doing very little trading; I've been happy with a pretty big stake in ultrashort duration, mostly investment grade, mostly floating rate, for months now.
I am taking similar approach on the fixed income side. Today I am rol…
@Investor, long time no see. There was a long tread on Grandeur funds and many investors are disappointed. You may want to see the comments. I invested with GGSOX in the early days but found them to be very volatile and have consider risk.
http…
In the past, we mailed in the paper copies with certified mail. One thing we learned that paper copies returns have to be manually entered into their systems for verified. Sometimes human errors can occurred. Additionally, this slows down the ret…
@MikeM, good to hear you had good luck with BLDR. The supply side story on residential construction is still intact. Higher material cost, labor storage, and high interest rates may dampen the demand a bit. We are building small positions in the bu…
Thanks @bee. I particularly like Ed Yardeni. Short summary:
1. AI is a mathematical tool. His early adaptation to AI for writing monthly reports have encountered many errors. Cited several cases where AI encountered its limits on reliable usage. …
No. T. Rowe Price used to offer the basic M* and they require an asset $250K.
Please check your local library if they subscribe to their online service.
Thanks @yogibb and @crash, We sold VNQ awhile back. The small position in FRIFX we had was swapped for short term HY bonds which did much better. For now, we will watch on the sideline.
What happens to the Lend-Leasse program that was used to support England during WWII? I recalled President Biden was considering this option as President Rosevelt did back in the 1940.
https://archives.gov/milestone-documents/lend-lease-act#:~:tex…
We left REIT investment when the interest rates rose. In the past, when the rate was kept artificially low, REIT did ok until recently. We have had success with FRIFX and VNQ. Think Devo covered this topic a year ago. Since the pandemic, the comme…
We are facing changes in our home policy. Due to climate changes. Pacific Northwest is considerable drier than the previous decades. Wildfires occur more frequently and last longer. Many large insurance companies stop offer wildfire coverages in t…
No doubt MTG got something going on the wrong side of the aisle. Quote from Professor Heather Cox Richardson on April 19, 2024
Greene was especially active in opposition to aid to Ukraine. She tried to amend the bill to direct the president to wit…
My past REIT investment through OEFs has been spotty at best. So I will try another approach by buying home builders instead given the limited residential home supply. Two builders I am tracking: DHI and BLDR.
Ukraine needs the support from the West continuously as during WWII. There is an increased pro-Putin fraction among the GOP and the rest are afraid to speak up. Hopefully the Ukraine bill will get signed by Biden this weekend.
Putin has threatened nuclear war if NATO cross the line into Urkaine. This is a “Churchill versus Chamberlain “ monument where the west must unite to support Ukraine. One must not under-estimate Iran’s military capabilities, especially with support…
Rough week to see the market lost over 5% in the last month. Tech stocks fell but financial and energy rose today. For now, we will hold off on stocks and focus on short term junk bonds. All my high quality bonds have been disappointing this year. H…
It appears that Israel has responded to Iran’s attack. This may widen the Middle East conflict.
https://npr.org/2024/04/18/1245763498/israel-iran-missile-strikes
Futures of oil and precious metals went up accordingly.
Edits: 10 year treasury yi…
Columbia sustained a serious damage on the heat shield tiles during the launch. Part if it came off the shuttle. There is little chance repair can be done by the astronauts. The worst scenario unfolded during the entry and the heat penetrated the h…
Future markets are down over 1%. The Middle East conflict is spreading …
BBC showed Iranian commando boarding a cargo ship near Strait of Hormuz.
https://bbc.com/news/av/world-middle-east-68808419#
In his latest rant, he's pretty much begging his rubes (well, anyone at this point) to please buy DJT to 'show their support'
Never would I give him a penny. We would gladly donate my hard earned dollars to Habitat for Humanity or any other worthy…
@Old_Joe, you beat me to it. That is absolutely inhumane and lack of to common decency toward your fellow human being! Of course, many of these farm workers are migrants and some are not documented.
Medallion Guarantees.....
Don’t know any banks in my town does that anymore. Think I only done that with moving $ out of TRP long time ago. Guess BRUCE does not want their investors to leave.
All my in-kind transfer at Fidelity was done electr…
As of close on 4/12/2024, all TRP fund prices listed at Fidelity were stale with “0%” changes, and that is highly improbable. Seemed that sort of delay in the past as the mutual fund companies are slow to post their NAV soon after market close. Du…
If Schwab has a local office in your town, I would just visit them. At least you talk with a live agent and their supervisor if your needs cannot be addressed on the spot. They may even help you on how to find your answers on their website.
Chat…
Rate cut is now postponed from June till September with two instead of three rate cuts.
We are adding to short term hi yield bonds as T bills/CDs are maturing. It is too early to invest in long duration bonds and the 10 year yield continues to be …
And it's all about finding an edge for the next game.
Investing is analogous to sport in many aspects - finding the business with compelling underlying value at the right time. That is Warren Buffet’s approach. For most of us, investing in S&…
An annual return of 5.54% is quite respectable for a 50/50 allocation for the past 5.75 years. Think you are not having a balance between growth and value stocks. Realistically you need to have both and make small adjustments in rebalancing. For e…
Like @BaluBalu, there is too much overlaps in both holdings between Goodhaven fund to other funds I own. At this point there is no compelling reason to add.
… of the Fund into the abrdn Emerging Markets ex-China Fund (the "Acquiring Fund"), a series of the Trust.
As the geopolitical friction rises between China and the west, many managers ask the question of whether China is investible from investor’s …
@crash, I have had experience with a number of large brokerages. They have their ‘pros’ and ‘cons’ as our needs evolve over time. In recent years we consolidated to a few; some were our former 401(k) administrators and we get assess to unique plan…
Wonder what led to this situation if you can share with the board ? We never had experience remotely close to yours.
Only we get are credit card offers with 20% interest and cold calls form their financial consultants who want to do business with…
Additionally, Yardeni see a broadening of the market beyond the large tech. He recommends S&P 1500 (so to include the smaller caps). Likely there is “no landing” this year since US economy is moving along well and low employment.
Yardeni is t…
Not @JD_co here. Think the shift away from the megacap tech has started late last week. Today, RSP is down 0.3% while the broader indices, SPY is down 1% and QQQ is down 1.8%. The spread between SPY vs RSP is narrowing that suggest broadening of th…
In 2022, the broader bond index lost 12% with the rising interest rate. It is likely that many investors are still in the negative territory even after a 5.7% gain in 2023. In hindsight, moving to cash ( cash equivalent) before March 2022 would be …
