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
Reply to @catch22: There are downsides to M.E.T. (or other state equivalent). Due to current economic environment with the tuition rate rising much faster than market returns, the largest public university of the state of Illinois, Univ of Illino…
Reply to @msf: On the bottom of the article some background info of the author was disclosed. The article is overly simplistic for a complex subject.
"Ben Weiss has worked throughout the Asia-Pacific region for hedge funds and private equity…
Reply to @PopTart: Congratulation! When things settle down, i.e. getting enough sleep and others, take the time to research on 529 college saving plans. This topic comes up frequently on this board and you will benefit from everyone's experience…
I stopped visiting M* site long time ago... There is a general lack of respect for posters even for exchanging ideas. I guess that has not changed for the better.
Mark,
Please check with your internet service provider who often provide free anti-virus software to their customers. We get Norton Security Suite from Comcast.
Reply to @Investor: Thank you for the detailed answer. I will stick with my PC for financial transaction, and do other fun stuff including web browsing on the tablet.
Reply to @bee: One can say the same time about the purchase of Hewlett Packard, 2%. If the point of entry was in the low 20's, only time will tell if that is a good decision now that Apotheker is gone (with $25 million severance!). I think RIMM …
Reply to @Investor: Thank you for sharing your insights on these new tablets. Would you consider replacing laptops for web-browsing, reading ebooks, and financial transactions? We have been thinking to make the next big step. Your advice is mos…
Reply to @hank: Awhile back there were outburst like these in Taiwan and South Korea parliament. I believe these actions are more personal than anything else even though they were funny at that time.
Indicators are based on past trends, right?
I dollar averaged into my emerging market equity allocation over the last several months. Hope it pans out over the next few years.
Reply to @Kenster1_GlobalValue: Thank you for the update. ER is still above average at 1.75%. I am not familiar with the management team and their past performance. Would you please share your opinion? Thank you.
Reply to @Investor: I agree. During market downturn, the flight to safety is normal. Same trend holds for TIPs and TIP funds when the yield is nearly zero, but it is up close to 10 % YTD. It is time to take profit and move on elsewhere.
Bad bet on financial sector this year, particularly with such a large allocation. Too little too late after this stock lost 48% of its value this year.
Reply to @scott: The jury awarded Mr. Gundlach $67 millions for his TCW contract. However, Mr. Gundlach is found guilty of using TCW's proprietary trading tools after he left. The damage amount due to TCW has yet to be determined. This should com…
Reply to @CaryRaleigh: Dodge & Cox could have been better funds if they would close them years ago. IVWIX closed their funds while the size is still manageable.
Great reminder to everyone who comes to this board for advice and discussion. Personally this has been invaluable... Let's all support David's effort either through direct donation to the link above or purchases at Amazon using the specific Amazo…
The other reason to invest in local (foreign) currency bond fund is to hedge against declining US dollar, while the developing economies as reflected in their local currencies. TCW EM Local Debt fund also invest in EM corporate bonds in addition to…
Reply to @Kenster1_GlobalValue: IVA Worldwide, (institutional share) has done very well in today's market condition. Now that it is closed and will likely to be closed for sometime to come. Few remaining world allocation funds available: Thornburg…
Reply to @Shostakovich: Rommick is testing the water with < 2% invested in 3 banks. this year Crescent has done remarkably well comparing to Fairholme fund which has lost 26.9%. Ouch!
Reply to @Maurice: For awhile Bill Nygren was the darling in the mutual fund universe. Then he doubled his bet on Washington Mutual on the way down. Afterward he is nowhere to be found in the press... Concentrated portfolio would work for short t…
Wow, let's hope Mr. Berkowitz's bet pans out for the existing shareholders. Bill Nygren of Oakmark Select fund kept on buying Washington Mutual was it was collapsing. In the end it cost the shareholders dearly.
Does Vanguard operates in Canada …
Reply to @Investor: Barrons has gotten worse over time. The content was getting smaller and the coverage on mutual funds was absolutely dismal. Several years ago I cancelled my subscription and read them at the local library instead. From what …
Don't forget Lenny Dykstra. After retirement he went downhill fast by his own doing. Now he is in jail and bankrupt.
http://www.reuters.com/article/2011/04/15/us-baseball-dykstra-idUSTRE73E7FF20110415
As much as many people who dislike Bill Ga…
Reply to @VintageFreak: These managers don't get to where they are today without solid discipline. So far the fund has not been loaded with bonds, particularly emerging market bonds as favor by Gross and El-erian. Their cautious view on current…
Pimco's view so far has been quite bearish on Treasury while Bill trades in and out of it. Ironic, is it? Overall this should not influence how Gudefin & Lahr operate. Please check out the fund allocation for the past 6 months. The cash leve…
Reply to @Investor: Sounds like you have a partial torn ACL. Please be patient and you will recover fully through physical therapy program. You may want to consider swimming too.
As much as I love downhill skilling, these days I do a lot more…
