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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
Everyone’s circumstance and risk tolerance are different. Once we figure out your living expense (for several years), we will explore more investment options. On taxable account, we do stock picking while balance the risk with many T bills. On our …
I an surprise to see a conservative shop. Capital Group (American funds) got involved with PE last year. We invest with them and keeping our eyes on where PE is deployed into their funds.
No, that is to keep all options available when the opportunities arrive. That is why Buffet is keeping a large cash position. It is a question of cash drag versus opportunity cost.
Sometime being conservative is a good thing to address risk such…
Yes. The actual intent is far from what is stated. That may had been discussed in that Pentagon meeting and the officials were exposed of their true intent.
Noted that Anthropic is the only AI is used for classified military work, and not the ot…
The tariffs is far from done. Now they are looking at other laws where they can repeat the same trade policy. No doubt these cases will land in Roberts’ court again.
Not wonder food prices has increased well beyond the reported CPI number. Food is a basic necessarily that we cannot cut out. There is only so much we can trim. Just watch your grocery bills.
Unless you are close to where the produces are picked,…
It has been reported there are fewer migrant farmers workers to pick at the peak season; some produces last less than few weeks. Some fields are left to rot without having a full crew of farm workers. Also produce prices go up in US. Don’t underst…
@WABAC, you are correct again. I read davidmoran’s post and did not think much of Wagoners asset allocation plan. There may be good reasons as you pointed out that many better approaches than those described by Wagoners.
What now 15% tariffs ? Must be that inflation he introduced. Refunding the tariffs may take many years. What about the Americans? After all, who actually pays the tariffs ?
By the way, bitcoin is falling well below $1,000, as its obeys the law…
Giroux often talked about his team analyze and forecast the company’s earning five years out. It appears their methodologies did not all pan out while the Mag 7 stocks dominates the S&P500; index in the last 3 years. Considerable portfolio tur…
I see no indication that China is interested in serious talks. Those who thought that China would fold their hand, have been pretty quiet lately.
Exactly. US trade team is led by inexperienced negotiators such as Lutnick and Bessent.. More importa…
@WABAC, we have been reducing equity risk as we are approach retirement. In light of the stock market valuation and the over-hyped AI, we say no thank. Since you asked, we at low 40% stocks, and the rest are boring bonds, and money market.
Our healthy exposure to developed market are performing very well this year. These funds have 20% allocation to Japan. Falling dollar against major currencies provides additional boost.
11:19AM Flag
msf said:
Justice Kavanaugh also noted that the administration had used the leverage of tariffs to enter into key trading deals with other nations. Mr. Trump, he wrote, “helped facilitate trade deals worth trillions of dollars — includ…
Question is how does US repay the past tariffs already paid ? Does US taxpayers get a refund on this added-tax on 2025 tax return, say 10% plus interest?
Edits:. More info on $130 billions refund - messy.
https://finance.yahoo.com/news/tariff-r…
@hank said:
it's likely at least some tariffs will continue using different legal routes
Bessent said exactly that if and when the tariffs got shot down by Supreme Court. Tariffs thus far has little effect on reducing the ballooning deficit, $38 t…
Is this a ‘canary in the coal mine’ moment, similar to August 2007?’’ Mr. El-Erian wrote in a post.
Oh boy, here we go again. And PE wants to get into 401(k) plans. What can go wrong when retirees want to redeem funds for their living expense ? …
Makary told CNBC on Wednesday that he’s “hopeful and optimistic” about the platform but would also “like to see the data.”
“We’re not going to get ahead of the game,” he said. “We’re going to basically say, we’d like to see the data, how far mRNA …
Never thought i would sell PRWCX but I reduce the fund by 50% over a period of 3 years. The drift towards Mag 7 stocks in its top 10 holdings especially in 2025 was enough for us. The high ER was the other tipping point. Also trimmed precious meta…
Here is a few insurance companies owned by private equity. Will post when I find more.
https://msn.com/en-us/money/investment/5-insurance-companies-you-didn-t-know-were-owned-by-private-equity/ar-AA1TFbMJ
Edits: .
Geico, own by Berkshire Hawrthw…
That is how he got the “worm” into his brain when he snored illegal drugs.
https://npr.org/sections/goatsandsoda/2024/05/09/1250201358/rfk-jr-brain-parasitic-worm-tapeworm-kennedy
Robert Duvall was a versatile and great actor in many films and TV shows. Rest in peace!
Duvall won the Academy Award for Best Actor for his performance as an alcoholic former country music star in Tender Mercies (1983). His other Oscar-nominat…
Thanks @DrVenture. Very informative article.
I believe @Old_Joe posted earlier on China’a approach to AI, their development of DeepSeek, and China’s use of AI versus the West. Certainly a much more reasonable investment than the Mag 7 companies…
Even if that can be ‘rated’ somehow, but it assumes the company will do well in the next 100 years. How many time we have seen the rise and fall of companies evolved over time? Some examples comes to my head :
Kodak, failed to change to digital e…
Learning new music everyday. I come to appreciate the lyrics and meaning behind them as you have showed me. So thank you @DeVenture.
Another tune i like about protesting against the Vietnam war from the Guess Who, American Woman .
The meaning…
Examples in the link say otherwise. IBM and Motorola became a shadow of themselves. JC Penny went bankrupt.
I may consider a 6 month term with 10% dividend to reflect the risk.
IBM issued its 100-year bond in 1996, when its dominance of the tec…
I still try to wrap my head around the same question. Here is my wild guess.
As EU government continue to sell dollar (i.e. treasury), these institutional fund have to invest elsewhere. Here is where high quality bonds from US tech companies pres…
@Anna got it right and it is the ex-Cubans in FL that came from the Fulgencio Batista‘s era. When the ruled Cuba, they were violent and corrupt that led to the uprising of Fidel Castro. The rest is history as the Bastista Cubans left their home cou…
@DrVenture, thanks for sharing your risk management strategy. I too have reduced equity risk to about 40% as i approach retirement. Bonds and cash are now the largest %. We found active managed bonds, in particularly, offer compelling opportunities…
We have been shifting my stock allocation to oversea for the last several years for the same reason. US is no longer the center of democracy.
We bought these defense ETFs - EUAD (Select STOXX Europe Aerospace & Defense), SHLD (Global X Defense…
No. Making vaccines by mRNA method is novel that few biotech companies have that capabilities at production-scale. IIn 2020, it was a scientific breakthrough to produce million dosages of COVID vaccine from discovery to production. Moderna and Pf…
There is more to Bondi’s body language as analyzed and interpreted below:
https://msn.com/en-us/health/medical/body-language-experts-analyzed-pam-bondi-s-finger-pointing-and-their-conclusions-are-absolutely-brutal/ar-AA1WeUha
