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
Bernard Horn's Global Value, PGVFX is an all cap global fund, while the Pear Tree Polaris Foreign Value Small Cap is a mid-small international fund, QUSIX.
@MikeM
I think it is safe to say there are 100's of different schemes or formulas within this alternative category. Which formula or fund will out-perform a balanced fund over the entire economic cycle and which one's will have their shining moments…
He wrote that if the investors bought a fund via ETF shares, they underperformed by around 1.6% over the period examined. But investors who bought the same fund via open end shares slightly outperformed the fund.
@msf, Agree. Underperforming by 1.6…
Outflows amounted to 8 percent of the fund’s total assets at the start of the week, a rate of withdrawals not seen since August 2010.
The five-session stampede for the exits erased the previous nine weeks of inflows into the fund, which is issued by…
It turns out that was mere lip service. The administration proposes spending a measly $20 billion a year -- or $200 billion of the $1.5 trillion total -- for a decade.
How true! More details on its impact on the local government and muni bond marke…
This time reminds me of 1994 when the Fed raised rate aggressively to fight inflation. While the economy was doing well, three quarter point raise slowed the stock market (S&P 500) to 1.33%. Many felt it was overly aggressive and unnecessary, bu…
I understand yields are low for investment grade bonds,If not bonds, what are the options besides cash?
I also observe that many income investors are increasing draw to riskier bonds including junk and emerging market debts.
The bear market is already here and the decline is far from being done. From the market peak as of 1/26/18 till 2/9/18, here is the 2018 return:
S&P 500 as represented by Vanguard 500 Index: -9.3%
International market as represented by Vanguar…
This is pure non-sense. Unlike splitting individual stocks, splitting mutual funds provides no value to the investors. The investors get more shares propositionally to the split and the NAV is reduced accordingly. The total sum remains the same. …
@sma3
3 month CDs pay 1.4% You may be a lot happier in April going this route. I think it may be risky to think intermediate bonds will do anything than loose less than equities at this point.
Any recommendation on banks that offer that rate? For n…
@davfor,
Thank you for bring to our attention of VWINX - the historical plot going back to the 70's. The Fed is planning 3 rate hikes this year, possibly 4 if inflation is getting bad.
Concur with everyone's assessment on SFGIX. In the semiannual report of SFGIX, Andrew Foster discussed his view on China and its risk-seafarerfunds.com/letters-to-shareholders/2017/10/semi-annual
As other noted here that SFGIX held up better durin…
The earning season is upon us and there are more reporting to come. What we are seeing this year is the beginning and there will be better entry points. I have ample cash from rebalancing several weeks ago.
Bring all documents to support his income and deduction. If they are honest errors, he needs to amend the filing in order to satisfy the IRS. Otherwise it would not go down well.
estimates he has generated $23.5 billion in investment profits since then.
He expects to double that number in the next five or six years.
That depends on on a continuing bull market for the next 5-6 years. I don't think so.
One needs to a few exercise on tablet computers vs PC. Apple has a very helpful discussion forum. I learned by playing with my iPad and google for the answer.
Back to bonds, 2017 was disappointing and I believe it will be more challenging in 201…
High yield and junk bonds, active or not, do not fare well in down market as many investors sell at the same time. The risk is illustrated by Dan Fuss of Loomis Sayles Bond fund where the fund lost over 30% in 2008 due the lack of buyers of junk bo…
This is an asset class I don't want to slice-and-dice for value vs. growth style. I prefer active management with long term track record with a complete up and down cycle including 2008. Andrew Foster Seafarer funds is one of such but the Growth &…
Interestingly, many rich people are hiding their money while not attracting attention. Ross is inflating his asset so that he can further his ambition. Forbes did a good job detailing Ross's money trail. Trouble is he heads up the Department of C…
@Sven - I guess I disagree about Roth taxation. I think they will figure a way to make all investments after-tax with tax-free dividends and capital gains.
@Anna, At present Roth IRAs are funded by after-tax dollars and thus are tax-free upon withdr…
Someone gonna paid for the massive cut on their tax burden. This is a slap on the face for those who are responsible for planning their retirement. There is also discussion the Roth IRAs may be subject to taxation upon withdraw at later days.
@davidrmoran, I stand corrected for the right trading symbol. For tax-deferred accounts the minimum is $5K plus the $50 transaction fee. The $100K is for taxable accounts. Certainly this is not a tax efficient vehicle for taxable accounts.
@MikeM, I have invested with DESUX several months ago and it has hold its own comparing the DSEEX. At Fidelity, the institutional shares required $5K minimum. The domestic market is moving up due to the expecting tax reform (lower corporate rate)…
I agree with msf's analysis. Problem is GOP is trying to find revenue (i.e. taxation) to pay for billions of corporate and high income tax cut, while not increase future budget deficit. Haven't we seen this trickle down policy before and it amount…
No shit. Sickening.
It sums it up alrigt! Somehow getting your tax dollars now for the 401(k) to counter for the massive tax cut for business. Where is the fiscal responsibility that GOP was crying about? All 51 out of 52 voted for it in the sena…
@claimui, DSENX/DSEEX outpaced PIDIX/PXTIX every year since inception in 2014. Also the expense ratio is lower as well. What is your opinion on the European version, DLEUX, of DSENX/DSEEX that was launched two years ago?
