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
I believe the default method is average unless you specified: first in first out (FIFO) and several other options. Make sure you do this before year end.
Agree on the valuation basis. Just about all international sectors have done very well relative to US. Our overweighted exposure to EM has done well. The smaller cap oversea equities have done even better. Non-USD EM bonds have returned twice tha…
Warsh would be further serious beclowning
Great one! The man is simply not qualified for the job. Janet Yellen inherited all the issues from Ben Benerake and Alan Greenspan during the Bush administration.
Wow. Jamie must have many friends in high place to avoid jail time.
Also in the midst of the scheme, Church of Scientology faciliate all these transactions.
Yes, I missed him. Back then he teamed with George Harrison, Roy Orbison, and Jeff Lynne in Traveling Wilburys.
https://youtube.com/watch?v=1o4s1KVJaVA
@msf, I understand that 10 years treasury is often used for illustration purpose. Would a total bond index make more sense even though it may not have the long history as treasury?
The European version, DLEUX, is quietly doing well this year. Shorter track record than DSEEX. However, both funds have not faced a severe downturn as in 2008.
@old_skeet, you managed your portfolio in several buckets and that is perfectly okay as long you can keep track of them.
Awhile back we simplified ours by switching to diversified index funds and ETFs to reduced redundancy. Today actively manage…
@Maurice, I think that is a solid intoduction class to those who are start to invest for their 401(k) and others. Afterward the students still need to further their learning by using a number of excellent books recommended on MFO. So, your postin…
@catch22, thank you for the info. No wonder cost healthcare is big part of expenditure after retirement. I still have a way to go. A month ago I attended a pre-retirement seminar which got me thinking about educating myself on Medicare and all o…
Just looking at the figures in the excerpt Ted quoted, my reaction was: what are these people smoking?
The historical real return of the US large cap market over the last century has been 7%. Depending on your source, bonds (10 year Treasuries) hav…
Rondure customer service was quite responsive when I asked why RNWIX hold US equity. They wrote back within 24 hours with a detailed explanation. You may want to pose your questions on the their sites.
Agree. Digging deeper into the portfolio holding there is about 15% invested in US companies who derived majority of the earning from EM countries. Many of which are cruise ship entertainment companies.
@Lewis, the airline article is right on. These days the legroom of major airlines are getting smaller and smaller, unless you fly business/first class. United and American are the worst offenders. Used Air Canada recently they are much better.
Laura Geritz opened new funds several months ago and it was covered on Davis's monthly commentary. Rondure New World fund, RNMIX, covers both emerging and frontier markets. We personally invested with Andrew Foster's SIGIX and VWO, and that is eno…
AP reporter says "Right now, Equifax's CEO stands to walk away with $18.477 million in compensation for "retiring." But that bonus is currently on hold."
That is a "golden parachute", but I think there is more with his contract upon leaving the comp…
Professor Shiller has been saying this for several years now. Since nothing happen and the herd continues to plow forward. Haven't we all seen this before prior to dotcom and subprime bubbles?
The more pertinent question is what to do to protec…
In other words, munis have room to run.
I agree. Good article from Lewis Braham. If and when the trillion $ plan for infrastructure kicks off, muni will continue to shine.
What is the defendant's argument?
The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. quote from Gordon Gekko in the movie Wall Street.
Start early, save as much as possible, live below your means, and you will likely to do alright with your retirement. The power of compounding over time will do the rest.
I visited southern Florida a year after hurricane Andrew arrived. Time stood still as the towns nearby were barely recovering - a haunting experience to see the power of nature. Hurricane Irma is about twice as powerful as Andrew.
We also have …
Agree. Also I am not sure the motivation behind Vanguard to take on these new ETFs. As it stands they are gather asset faster than majority of brokerages. Schwab is coming on fast lately along with their competitive fees comparing to Vanguard.
The SEC said in the filing it would require Vanguard to disclose on its website the identities and quantities of the portfolio positions that would form the basis for the fund’s calculation of net asset value at the end of the day.
Interesting and V…
Iran is working uranium enrichment-similar to US back in the Manhattan's day. So they have a way to go. It could be Russia or some rouge Russian nuclear scientists who want a quick payday.
That is nuts that both sides are pushing for a confrontation. It appears China has little influence on NK. Wonder where the new technology came from so quickly?
That is my exact point. The motivation of saving for retirement through IRAs is good, but the initial contribution limit of $2,000 is too small to have large impact. Then came 401(k), 403(b) and other deferred retirement vehicles that have higher …
Thank you for the examples. Question is how to assess funds with short record such as Seafarer Oversea Growth & Income, SIGIX and including his old record when he was managing Matthews Asian Growth & Income, MASCX?
@hank,
If and when the government tries to tax before And after, there has been a grandfather clause for those Roth IRAs that exist before changes being made. IRAS that exist before will follow the old rules and new Roth that come later will be dou…
