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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 have a neighbor who worked his 40 years as a federal employees. Yet his knowledge of saving for retirement is lacking to say the least. It is all too common that many do not wish to be informed and the are easy prey by these brokers.
If history is an indicator of how Russia resolves conflict with the former Soviet bloc countries, take a look at Chechnya and Georgia as recent examples since the cold war ended. Neither ones ended well.
Came across this piece from WSJ that stat…
I am confused. Ted was listed as who initiated this posting, but Rono is listed instead. Also MJG is addressing Jlev who is nowhere to be find on this posting. Very confusing...
That is why it is so important to start saving college the day they are born, and that is only the half of the equation including a considerable change of spending and saving habits.
@Scott, Talking about pre-PC days,I used to program my HP 14c calculator to do physics homework. These days Excel can do all these tasks and much more. I also started with Apple Classic as my first PC and it costed over $4,000 - no joking.
@Bee, Read that good article a while back. There was another WealthTrack interview with Dan Fuss earlier this year (I believe) that he explained the terrible loss in 2008 (-22% versus LB Agg Bond Index has a +5% gain). During the crisis, risky a…
One would think that China have learned from West on air pollution and its impact on health.
http://telegraph.co.uk/news/worldnews/asia/china/10646593/Toxic-smog-threatens-millions-of-Chinese-lives.html
Saw another report that China want to go a…
@rjb112,
Here is an interview with Dan Fuss who shared his investment process.
morningstar.com/cover/videocenter.aspx?id=643979
Dan and his co-managers have been saying that few opportunities exist in high yield bonds, i.e. expensive. I do thin…
@Scott, I was thinking the same thing.
Does this mean I should be careful about DoubleLIne Shiller CAPE fund? It is based on another Nobel laureate, Robert Shiller's CAPE index...
We have these services available in our 401(K). I would stay the hell out of them. They want in excess of 1% of the total asset. From what I have been tracking since 2006, they DO NOT provide better returns in both up and down cycles. No improve…
Just a thought. Another consideration is either Vanguard's investment grade short term bond, VFSTX, or the short term bond index, VBIRX. In either case, the expense ratio is ~ 0.1-0.2%. YTD returns this years have been quite good, 1.7 % and 1.0%…
I notice that too in Templeton Global Total Return with its declining yield. The loose monetary policy started in the US is not helping . Now ECB and BOJ are adopting the same policy. As Scott commented previously, how much do they have left when …
@MikeM, I wish Bill Gross spent more time managing Pimco' funds instead being a spoke person. His view has became less relevant in my investing world.
Good luck with your rollover IRA and the new position. Having a detailed plan is so important …
Andy,
JW was corrected. Fairholme was down 0.1% last week while most of high yield bond funds were down 1.5 - 2.0%.
Eaton Vance Bond fund was down 2.0%, but it also hold higher stock allocation that were also down even more. Dan Fuss's Loomis …
Same can be said about Warren Buffett during the tech bubble days. He did not invest in tech stocks because he cannot justified the high valuations. The rest is history. This points to different approaches of investment.
Today is a challenging environment for those who need income from bonds. Treasury and CDs provide low returns while higher yielding junk bonds pose more downside risk as shown this week. Still think investment grade, short to medium duration bonds…
I concur. Despite mortgage interest and property tax are tax deductible, there are other cost including insurance and repair/upkeep/remodeling to consider as well.
