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.
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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
Strong labor market, stock earnings,annd low unemployment rate are headwinds for any rate cut. It is not happening in January FED meeting, and who know for the rest of the year. If inflation turns upward, the FED may do the opposite and hikes the …
I got locked out several times in the past 30 yeas due to my own mistakes. Generally they were resolved within the same days. Don’t recall anyone spoke negativly about Vanguard being censored on MFO. Perhaps at Bogleheads in the past. Today there…
This episode is very informative on Giroux’s in-depth stock selection for PRWCX. A 5-year investment horizon is certainly more than most active managers. Wish he would talked a bit o the bond sleeve.
Here is what I found through T. Rowe Price si…
News networks depend on their rating and the editors choose the hottest headlines such as southern CA fires and the inauguration. Unidentified drones over military bases are old news. Until the government releases additional information, they are …
@hank, thank for sharing. I don’t subscribe or propose to moving to cash. But there are many possible moves one can take to reduce risk in an already rich US stock market.
Bond market was challenging last year. Many investors including myself …
@yogibb, really appreciate your comments on bonds. Where can one track bond flow if that is an of bond trader’s buying and selling?
Someone is selling the long bonds heavily so to drive up the 10 year treasury yield since October. Who are these…
You took the words out of my mouth. We too have moved on to other brokerages last year. We still have a taxable aocount but it will be move too in near future.
Don’t think AI can replace human when it comes to customer service.
Ok. I can accept @yogibb calculation on stocks.
What about bonds? 2024 turned out to be not as great as expected even with a total of 1% rate cut while the longer end treasury yield went up about 1% as well.
I just logged in through my Mac and iPhone using the bookmark as well as typing in Vanguard.com. So the problem is not with Vanguard server.
Please give this URL a try: https://investor.vanguard.com
I googled Vanguard for investors and found th…
I have no issue yesterday using either Safari, Chrome, and Gogoduck browsers. Couple things you can try:
1. Reboot your computer or phone.
2. Delete the history on the browser
3. Type in vanguard.com instead using a bookmark.
Vanguard will l…
@yogibb, thank you. The first link was particularly useful. For our purpose, saving a 0.01% in expense ratio is not enough. We have Vanguard OEFs outside of Vanguard brokerage. We prefer to use the ETFs for additional investment without incurrin…
Often there is more than one answers or interpretations to the same piece of data. Fact checking is an essential element of getting accurate and quality information. Critical thinking was taught in my college days. How wrong is Elon Musk about tri…
Several large banks reported healthy earning on 1/15/25. This helped to move the market upward. Depending on the source, the interpretation of CPI is different ?
Unsure whether bonds are better opportunities than stocks in light of the high va…
@yogibb and @msf,
what are the advantages of converting OEFs to their ETFs? Tax? Lower expense ratio?
Can Vanguard do the conversion by themselves online or this can only be done with Vanguard agents?
Thank you
@Old_Joe, I first came across it on Apple News that I subscribe to. It explains the bond world in details with relevant graphs on each points. The rise of long treasuries (10 years treasury for example) since last October to near 5% today has negat…
Think this is the WSJ article “ Why Bond Yields Are Surging Around the World” that @Old_Joe was referring to. It is behind a paywall. Perhaps you can get it through your local library.
https://wsj.com/finance/bond-yields-rising-charts-367dba8a?p…
Giruox’s PRWCX has a large long term capital gain distribution in 2024; much more than recent years. In light of what he stated in Barron’s round table discussion, the market is very expensive. Not just the Mag 7, but the rest of S&P 500 are ab…
It gets better now that Elon Musk and another MAGA supporter, Stephen Miller on H-1b visa. Let's see who comes out of this fight.
https://vox.com/politics/392864/elon-musk-vivek-h1b-visas-trump-stephen-miller
@BenWP,
we live in Pacific Northwest for several decades and observed wildfires in the urban areas more frequently in recents years. We used to think it is too wet here for most of the year so that there are few combustible materials available. W…
Thanks to @bee, here is last fall’ WeathTrack interview on David Giroux. Please scroll down to find it.
https://mutualfundobserver.com/discuss/discussion/comment/184746/#Comment_184746
Giruox became bearish on the market due to the historical hi…
Somehow I think these new land acquisition is nothing more than diversion tactics. Many of the candidates who are poorly qualified for the position. in the confirmation. Only several active government officials including Rubio have been confirmed.…
After you leave your company, you can transfer the 401(K) to a brokerage as a rollover IRA. While you are still working, it is generally NOT allow to move the 401(k) fund. You may want to contact your 401(k) administrator.
Under special hardshi…
That is small cost that is worthwhile for your engine’s longevity. Our engines using synthetic blend oil have made over 200,000 miles in the last 15 years and counting. A new car today costs a minimum of $30K and quality oils make all the differenc…
Full synthetic oils cost more than regular oils used in gasoline engines, about 2X. Partial synthetic oils are blends of synthetic and regular oils. Synthetic oils work great in today's high compression engines, especially in cold climate. Partia…
@davidmoran,
The honest answer is that I don’t have a good idea of whether BND and VGIT can get 4% total return in 2025.
After 3 rate cuts (a total of 100 bps reduction) in 2024, both BND and VGIT were disappointing with TR of 1.2% and 1.3%, res…
Happy New Year everyone. May you have a prosperous 2025!
Most of my buys are in bonds, not so much stocks. Perhaps when stocks are at better prices in 2025.
Only money market fund and treasury will not loss value in severe drawdowns. There is always risk investing in stocks and bonds. The realistic question is what is the recovery duration. During spring 2020 COVID drawdown, just about all bonds fell…
I agree with @AndyJ on public parks. They charge a few bucks here and there to cover extra services they provide. When I was active with the local hiking club, we donated our time to cleanup and rebuild the trails. With a dozen or more able bodies…
Yields fell since the rate cut this week. Most noncallable CD’s (1-2 years) are yielding 4.2% at Fidelity. Still sticking with T bills and USFR in non-IRA accounts.
Junk still looks good. Also leveraged loans, bank loans. Stay very short on duration.
Ironically these higher risk bonds did much better than the safer investment grade bonds. As long as labor market stays healthy one can expect this trend contin…
