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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
Reply to @Maurice: Yes, this year has been difficult for most bond funds. Treasury and TIPs are taking a beating with the tapering fear. Emerging market debts, USD or local currency have performed poorly. Few bright spots include junk bonds and f…
Reply to @Art: EAEMX, is formally known as Eaton Vance Parametric Emerging Market fund, Investor share.
performance.morningstar.com/fund/performance-return.action?t=EAEMX®ion=USA&culture=en-US
From what I gather is that the fund has…
Reply to @Charles: It is likely to be higher. This is classical of Buffet - be greedy when others are afraid. Wish I own enough Berkshire Hathaway, share B, BRKB.
Thanks Mo for the reminder. BobC, a frequent poster to the board also voiced the same reasoning in the past. Many like to invest with Michael Hasenstab without paying the front-end load. Unfortunately the closed-end fund, GIM is one the few vehic…
Reply to @Old_Joe: It would be refreshing to have someone else without so much baggage (mostly BAD!). He have plenty of critics everywhere with good reasons.
communities.washingtontimes.com/neighborhood/emea-watch/2013/aug/22/larry-summers-vs-was…
Reply to @Maurice: Hi Mo. I appreciate you sharing your thoughts with us here. We all have different experience and risk tolerance in investing. Having said that I maybe even more conservative than you are, thus Berkowitz's FAIRX does not fit my i…
Reply to @MikeM: The case of Kodak is an excellent example. Don't forget what happen to Enron, Worldcom and many other which have went out of business. If one owns no company stock, at least you are limited to merely the market exposure just like …
Reply to @MikeW: I don't think you are too late. European market is improving although slowly; hence the opportunity is ahead of us. Remember he is a deep value investor and always seeks opportunity when the market is mis-priced as in the case of E…
Reply to @hank: RNWGX became available in my 401(K) plan in 2002 when the options were expanded. The front-loaded A share has been around for a long time, while the R6 share class American funds are only available to institutional plans. Same goes…
Reply to @scott: How true! There is almost too much information at one's finger tip that reinforces the tendency of performance chasing , myself included. Over the long term this is not helpful for one to reach his/her long term goals.
Core holdings for over 10-20 years.
YACKX, HAINX, MDISX, FLPSX, LSBRX, VWELX, PRHSX, RNWGX, VINIX
Others I hold for shorter period, while ETFs and several individual stocks are for trading purpose.
Reply to @Art: My only reservation on Fidelity's sector funds is that they are the training ground for new fund managers. Vanguard Health Care, VGHAX and T.Rowe Price Health Care, PRSHX have had stable management team until Jenner moved on. Today,…
Reply to @msf: Thank you for the correction on TDA buying/selling policy. In addition, Vanguard also offer additional purchase for $3 using automatic investing, but two purchases are required. One must speaks with a representative instead doing it…
Reply to @Old_Joe: OSTIX is doing well these days with YTD >4%. It may has less duration risk with short term junk bonds and convertibles, but don't forget the credit risk. However, the default rate is at historical low now, so it may not be as…
Reply to @mrc70: Although Vanguard charges $20 to purchase TF funds (Voyager and Voyager Select accounts), they also charge $20 to sell. In the end it all works out the same comparing to TDA, Fidelity and Schwab. For example, Fidelity charges $75 …
Reply to @Mona: Your friend has some of the best institutional shares without lowest ER that are NOT available to retail investors. The DFA funds are very nice options. If she can manage it herself, there is NO reason to rollover her 401(K).
Reply to @bee: Don't think it is available through USAA brokerage. Am I missing something? Templeton Global bond is available in several share classes.
https://awrd.morningstar.com/SB/USAASB/USAAScreener.asp?module=FVF#
Reply to @VintageFreak: I interpret that as "be careful going forward". Rates will likely be higher several years from now. The 35% bond sleeve will be a drag on the fund's total return. Several weeks ago we witnessed the bond decline due to Fed'…
Interesting comments. As much I like Ms. Gaffney, Eaton Vance Bond fund,institutional share, EVBIX, requires $250K (and $75 transaction fee) while the A share carries 4.75% front load. Not exactly accessible to small investors.
we are looking to invest over the next 5 to 10 years
This is short to intermediate term investment horizon. So be careful when choosing your target asset allocation. If you decide to stay with Vanguard funds only, Wellington (VWEXX), Wellesley Inc…
Reply to @Investor: That's what we have, American New World, class R6, RNWGX, with ER 0.66%. It is a basically an international allocation fund with 1/3 developed market, 1/3 emerging market, and 1/3 international bond. Low volatility and respecta…
Reply to @Investor: R class is typically available in tax-deferred accounts, and it has the lowest expense ratio with sale load. The rest loaded funds are not worthwhile.
to pursue personal interests outside of finance
Wonder what that is? He was the main driving force for the fund's success (not meant to taking anything away from the co-manager Yu Zhang). Not exactly sure how much other distracting management dut…
Reply to @mrc70: Vanguard brokerage has a decent number of fund from other family, even though they are not as many from Fidelity/Schwab. Also there is no fee for purchasing Vanguard ETFs at Vanguard.
