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 @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…
Reply to @Maurice: Awhile back Dan Fuss came fourth that he mis-read the market and the shareholders suffered in 2008. The fund has since bounced back strongly. Now the fund has significant exposure to energy producing countries including Canada …
Reply to @Derf: That equals to 0.275% as the management fee. If there is no additional layer of custodian fee being paid annually, and this is the expense ratio of your fund, then you are are doing very well.
Reply to @skipper: Last time I checked, it starts at 0.70% for asset under $1M, and it gets less at higher level, of course. Free service tends to provide limited recommendation. Good wishes...
Reply to @catch22:
With respect to investment style, I believe Vanguard Total Stock Market Index Fund and Vanguard Total International Stock Index Funds invest in both value and stock stocks.
Hi Skipper,
Several questions:
(1) why your Vanguard adviser uses only 3 index funds?
(2) what about active managed funds - Wellington, Wellesley Income, and other fine choices available through their brokerage?
(3) I don't know if you are not…
We hold our muni positions throughout this year despite all the noise, notably from Whitney et al. For now the intermediate term funds are in the "sweet" spot.
FPA managers share similar outlook, but they execute their investment strategies differently. The interview with Romick is indeed very informative. Would you please post the transcript when it is available?
Personally I think it is premature fo…
Hey Maurice,
I have a Weber gas grill for the past 22 years... While it is durable and works well to entertain families and friends and the cleaning is a snap, it is a pain during relocation. I gave away several perfectly good propane tanks and ha…
The ability to borrow against one's 401K is for emergency only. Otherwise this is no difference than taking out home equity loans for vacation and car. When these individuals leave their jobs voluntarily or not, they are required to pay back the f…
It is indeed a sobering article. Even for those who diligently save for their retirement, two financial bubbles in this past decade left many in worse shape than anticipated. A number of my coworker who are in their retirement age but choose to st…
Thank you. It is a really good interview on Oakmark International and Oakmark International Small Cap funds. Indirectly this also include Oakmark Global fund where they share the same pool of (foreign) investment idea.
Yes, I saw that movie too - Money Never Sleep. It is almost too real... No doubt there will be another crisis of the same if not worse magnitude of 2008's crisis. Given the structural problems existing today, it is just a matter of time.
Going…
This is truly sad....despite the fact many have the opportunity to put themselves on the right path, but they choose to do otherwise. In the private sector, define pension plans are mostly replaced by define contribution plans, i.e. 401(K), and are…
"Roger D. Edgely and JB Taylor will replace Robert Gardiner and Blake Walker as managers of the Wasatch Global Opportunities (WAGOX)."
This is significant news since Robert Gardiner is probably the best fund manager at Wasatch.
Please read the prospectus first. The name itself holds little value.
In the past when the yields of typical real estate funds exceed 5%, it is better to be held them in tax-deferred accounts for tax consideration. Today the dividend component o…
Here they go again. Asset gathering seems to be their main motivation rather than serving their investors. The firm lost their bearing once they are sold to Legg Mason.
