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
It is truly shameful.... The Kushner family is pushing the EB-5 visa to allows wealthy Chinese immigrants a path to a green card if they invest more than $500,000 in a project that creates jobs in the United States.
@MikeM2, I will do more research to better understand the leveraged part of PCI. Do you have the link to Sam Lee's article? I searched but no luck so far.
Several years ago we bought a very nicely made hammock from LL Bean when we were traveling in New England area. Probably paid a bit more than Amazon. Like Old Joe said it is better to have the chance to see and feel it before order one online. Th…
Yes, it was a rough week for him. His wife filed for divorce. Harvard listed him as deceased while he got fire before he officially to take his position.
Rest In Peace. I will always remember him as a versatile actor with many memorable movies. One I particularly like is The Right Stuff where he portrayed Chuck Yeager.
Some of the exchange reminds me of Godfather. Sonny just arrived and he is gonna *** with their rival turf. Micheal demands loyalty and has his older brother robbed off in fear for his testimony to FBI.
It looks like Cisco System back in the tech bubble days. Cisco was acquiring many companies as their growth strategy. At one point It was traded with PE ratio over 120 and market capitalization valued more than GE. It lost 80% of its stock value a…
I agree that IMAX are too loud. Behind the screen, there are over several column of speakers! It is so realistic that you can feel the vibration. When my young kids saw one on animal migration in Africa they got scare and cover their ears.
VF, Glad you and your family is safe. The air bags and side curtails saved the occupants. Our car sustained windshield damage from objects fell out of the trucks. These were frightening experience as I see it replayed in slow motion before it stri…
Took a shower after watching that Mooch talked. Slick as a stock broker I dealt with in the distance past - not a pleasant experience until I read Warren Buffet books.
@Maurice,
Since Ford is a major shareholder of Mazda, they used Marza 's small engines due to Ford's reliability issues with small displacement engines. Mazda 323 engine is still used today's Escort and few other compact cars. Today vast majorit…
It is not that differs then having your location function turn on on your cell phones. You location with respect to time are being recorded by your phone carrier.
@Mautice, I was surprised that several computer and cell phone items I bought from Best Buy have RFID tags inside the box. They are being used much more frequently today as the cost has came down considerably.
At work we have one too many passwo…
The proposed purchase of Wholefood has negatively impacted retail grocery sector including Costco and Kroger. So the discussion is financially related and it does matters. Amazon downplayed their responsibility on counterfeit items sold on their w…
@davidmoran, For sure we have different point of view and personal experience. I used to invested with D&C for many years, most notably the Stock and International funds. The team approach in my opinion failed in risk management and time it t…
I discovered Mr. Foster from Matthews Asia Growth & Income fund and followed him through the Seafarer Oversea Growth & Income fund. He is one of rare manager who I like to invest with many years to come as I did with Micheal Price (before h…
The fund used to be a good performer. M* failed to pointed out the severe drawdown during 2007-2008 and it took longer than the index to recover. Among large cap value funds there are better options.
My daughter starts college this fall and it is completely funded by a 529 account. Knowing that we have only 18 years investment horizon, we started a month after arrived once we got her social security number. We continue to invest through the up…
@BobC, Those millennials who I work with for the last two decades are different alright. Many did not fare well during two bear cycles in 2000-2002 and 2007. Sadly some are still sitting on the sideline in 100% cash.
Since Don Yacktman retired, his son Stephan and co-manager, Jason Subotky having doing a good job running both the Yacktman and Yacktman focus funds. The Focus fund has higher allocation to foreign stocks (16% total and 14% is invested in Samsung E…
It is all quite on the Western front...something big happens. After the G-20 meeting, I have even less confident that conflicts will be resolved diplomacy and the markets will react accordingly.
Interesting contrast between Burton Malkiel and David Winter (Wintergreen fund) on their philosophy between active versus passive mutual funds. David Winter's interview can still be found on Wealthtrack. Track record of Wintergreen fund is average…
CFL was an intermediate solution before LED light became more affordable. We switched over LED lights several years ago and couldn't be happier with the longevity and "quality" of light. Our nearby IKEA have many choices at reasonable prices.
@Derf, Then why target a particular age group even if it is voluntary? What if that group do not wish to take the buyout? Buyouts in private industry refers to a voluntary separation with a severance package.
