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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
Fidelity targeted about 7 percent of its workforce, all of them employees who were age 55 or older and had been with the company for at least 10 years.
Isn't that constitute age discrimination?
TRP is paying them to get on their NTF platform, probably in the neighborhood of 30-35 BPs, which is the standard cost to get on brokerage NTF platforms. Unless TRP is willing to absorb that cost, they will raise expense ratios for funds on the plat…
While Blackberry was the phone-of-choice in cooperate environment, mine stayed in the draw after I got my first iPhone. A remarkably versatile phone and the rest is history.
I remember him well and my wife thought he was cute. I hope my comment was mis-constured as answering to your comment. I simply don't see how an actor have anything to do with financial advising.
Young folks like excitement. Playing the market as they do on fantasy football until they face the first drawdown as in 2007. Experience is earned and often the hard way for many.
Several observation:
1. The fund was down 0.3% in its first day on trading, moving on volume of about 4,600 shares.
2. The fund carries a hefty management fee of 1.55%, along with an expense ratio of 0.35%. The average fee for an actively mana…
Like Mike M, I prefer M* premium through T. Rowe Price for portfolio X-ray tool. Analysis year-to-year help to avoid funds where they overlap too much. Otherwise, Excel spreadsheet works just fine.
Sears is clearly a value trap with little or no upside. These they are disappearing from the shopping malls. So glad that I never follow the herd who keep saying BB is really smart guy.
Back then when I was in elementary school, we took field trips to daily farms where we learned where and how food is created. Certainly strawberry milk is NOT produced by pink cows.
As for investing goes, we invest my hard earned dollars with our local farmer market instead paying the high price for the essentially same items at Whole Foods. They don't call "Whole Foods..whole paycheck" for nothing. As such Whole Foods have b…
Most investors who own broadly diversified US stock funds are likely have enough exposure to the FAANG stocks. Yes, they have out-performed S&P500 this year. Their valuation is also well above the broader index. I still think better entry poi…
@MikeM,
As you noted above is the sizable cash requirement to prevent another crisis of "Too Big to Fail". The taxpayers will be on the hook again if this requirement is removed.
The repeal also includes defunding the Consumer Financial Protec…
VF is right on. Mark Hockey's record is spotty in recent years. Left the International fund before 2004 when more suitable substitutes became available. Also the above average ER is ridiculous.
@catch22,
Good morning. I noticed too the recent drop of domestic bond yield. Recently, I ventured back to EM debts (EMB and Pimco Emerging Local bond, PELBX) in small allocation.
Let hope your 73/30 allocation work out.
@STB65 and @bee,
VMVFX is an global equity fund with no bond exposure. The Admiral share, VMNVX, has a very low expense ratio 0.17%. As bee pointed out, the risk profile is excellent for equity funds.
As for income investors, there are many choi…
@275LB_NY_MCPO,
Basically yes. I generally prefer mutual funds over ETFs without dealing with the ask/bid spread. EMB provides a low cost broad exposure to EM debts while the debts are currency hedged (or in USD). The daily trading volume is hi…
I wound up putting the 'spare' money into DSENX, which I shall 'convert' to DSEEX after it settles; Fido now lets one do that if the sums are enough
@davidmoran, how much $ is enough for conversion? Is there a fee? Hard to imagine Fidelity would …
Finally I bought EMB and PELBX, Pimco Emerging Local Bond, Institutional. I left that asset class in 2009, but this time I keep a lower % allocation. Beware that EM debts can go down badly as shown in 2007. The only safe bet is cash.
@hank and bee, I watched Nancy Lazar interview as well and think she has several good points.
YTD of foreign markets (both developed and EM) have done better than US market while their valuation are more reasonable. Likelihood there maybe more…
We used to invest with Matthews who have done well for us. More recently we invest with Andrew Foster's Seafarer fund exclusively. His long term record including those from Matthews Asian Growth & Income is excellent, particularly during marke…
