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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
@Old_Joe, it has been very hard for our family socially as well. Through careful practice (mask and hygiene), our college kids manage not to get inflected, while many of their colleagues were not as fortunate. We return to work since then but stay…
@Crash, there is a long history going back before WWI of how Swiss banks gotten very very rich. As shown in a number of NPR articles. There are reasons to maintaining “neutrality” for Switzerland.
https://npr.org/search/?query=Swiss%20banks%20Nai…
Really think that is only the tip of an iceberg. Swiss banks are well known for their secrecy to hide the identities of depositors, and thus avoid reporting asset to IRS. Some Caribbean banks also share the same practices.
Get off your ass and lose that 15 lbs. Take a walk or bike ride or swim. Toss a few dumbbells around a couple times a week. Get some fresh air, breathe deeply.
Have been doing for quite awhile. Goal is watch your diet, especially during the holid…
The intermediate term, 5-7 years, is the sweet spot. Those who bought long bonds when they were down double digits, they have since been rewarded handsomely. Ironically junk bonds are out-performing treasuries so far. If and when the economy turns d…
@Charles, I apologize for all the confusion. I figured it out that my browser was struck on a bad link, and I repeated the same error. Once I clear the cache and reload a fresh page, everything work like a charm. Once again, please accept my apolog…
It is the bond portion that I am concerned about PRCFX. Historically, Giruox has well over 10% in floating rate/bank loan bonds in PRWCX. His fund has another manager besides Giroux, presumably he will manage the bond portion of the fund. Is there…
Yes, November has been a good month for everything including bonds. I mentioned about reinvestment risk earlier this year as we extended bond duration to intermediate term bonds. Additionally, we took more risk in investment grade and some junk bon…
Take good care of yourself and your family. December’s MFO commentary can wait until you are well and rested.
We have been very fortunate to have NOT caught any respiratory bugs so far. Our college kids have few mild cases but not COVID. Still t…
Maybe still a really good fund but hasn't outperformed cash on a return/risk basis..yet?
YTD return of CGDV is over 16% while money market funds yield 5.3%. It will likely to outperform cash next year.
CGDV is more of a blend large cap ETF and…
Not here. The month of October have scare off many toward the safety of money market funds. From the peak-to-trough cycle in end of October, S&P500 gained over 10%.
The average person would need a salary of about $284,164 every year to be happy, according to the survey, but the results did vary by generation.
That would be nice for average household. Realistically how many families meet that income level?
The addition of these six active equity ETFs can serve as core building blocks for investors to meet this need.’ ...
The “active” strategy and daily reporting make these funds different from other index fund ETFs. From Mark’s link above, these ar…
Ironically that junk bonds of all strips are the best performing sector among bonds while the lower risk treasuries are trailing them. If a soft landing plays out next year, bonds will continue to deliver good returns. Is recession still possible w…
Not a fan of instant coffee. We prefer to grind coffee beans from our local grocery stores. Out in the Pacific Northwest, WINCO grocery chain offers many flavors and at reasonable prices.
In backpacking trips, we prefer teas instead.
We lite a candle for the former First Lady Rosalynn. She and President Jimmy Carter exemplify the very best Americans who served the nation. Rest in peace.
@Derf, think there is still time to buy bonds in light of inflation is slowing based on October’s core CPI and rate hike is close to an end. The rate may stay a bit longer but it is likely to go down from there. Those who are more savvy than I am …
@yogibb posted the most likely scenario that the customers select the car with all the options desired and pick it up at a nearby dealers. So Amazon is offer their shelf space to sell whatever other suppliers want.
So where is the joy to test dr…
Think many investors have already made the move to longer duration bonds. There is a tread on this a month ago. Two active funds, PIMIX and DODIX were mentioned.
https://mutualfundobserver.com/discuss/discussion/61626/selling-like-hotcakes-pimix-…
The link provided above does required a subscription. If you google the title and click on the FT link, one can read the article without the subscription. Strange for sure.
I too like CGDV that differs from other blend funds without their sizable exposure to “magnificent 7” tech stocks. IT is the largest sector, 20% with Microsoft and Broadcom being the top 2 holding. The rest are dividend stocks. Good stock picking …
@Investor, glad to see you back to the board. You are making great progress in your distance running. These days I swim, walk, and do yoga (something got me started).
Last several years have been challenging to stay afloat with high interest rate…
@PRESSmUP, I believe retail investors can achieve similar goals using several bond funds with different durations. Otherwise, it takes much larger sum to invest.
@JD_co, many investors are extending their bond maturities as the FED is near the terminal rate hike. There may be one more hike in Nov/Dec rate hike. The rate is likely stay there for awhile unless the economy tanks and slides into recession. The…
Glad to see you back and everything are in order. I used to invest with Grandeur Peaks but moved on to other less volatile funds. Likewise, I have reduced my holdings so to simplify life.
Reading annual reports really helped to assess the risk. He took on a lot of sovereign risk in emerging market debts. It worked until the table turned.
I too invested with Hasenstab awhile back. As I recalled, he invested heavily in emerging market bonds such as Ukraine and others, and did not shift his sectors before 2008. Tough to be a global bond manager especially he has sizable AUM at that ti…
Thank you @bee. Very timely indeed.
Stanek manages Baird aggregate- and core-plus bonds. Additionally, she stated that bonds could get 7-8% total return on Baird’s base case. She favors short-intermediate duration bonds. She thinks the Fed is nea…
