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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
Many of these folks have never visit Europe. Many classical sculptures are in nude and they are considered beautiful.
I have the fortune to grow up in large cites and my parents took us to many museums. What a joy to learn!
I bought FPACX awhile back at Fidelity and added more thru their automatic investment feature for $5 per purchase. You pick the date and the $ amount, quite convenient. You can sell transaction-fee funds for free at Fidelity. As far as I know, only…
The accounting on PRWCX has to be clean. It is not a fund-of-fund as it spells out in the prospectus.
VGHCX is an active managed fund runs by Wellington and VHT is passively managed ETF runs by Vanguard Quantitative Group. They may share some st…
Watch part of the TikTok testimony yesterday. Thinking that to impose regulations now is nearly impossible since there is already over 150 million active users worldwide. Also social media usage is common especially they are readily access with mobi…
Tough to say if that is going to be a clone. The equity part of PCWCX may be replicated in this ETF among the larger positions. I tend to say that will not be a clone. The risk profile is a total unknown at this point and we are speculating as if th…
I agree that the magic sauce is the non-equity allocation of PRWCX. Giroux manages to move in and out of bank loan bonds, treasury, and cash as he see opportunities arise. It is truly remarkable to see how the fund performs through the ups and down…
Make sure you get it in writing. All Vanguard funds are on transaction-fee platform at Fidelity ($50). Additional purchases can be made using their automated purchase feature ($5 per trade). Learned that from @msf awhile back. Selling these share…
Glad to have bonds today in my portfolio. They served nicely as a ballast; the investment grade and treasury bonds went up and floating rate funds stayed flat. Will dollar-cost-average in the rest in coming months given the market is volatile such a…
Right now is not the best time to invest in smaller caps and emerging market. TRP must have sizable outflow last year for them to reopen these two closed funds.
Market started to fall during the Q&A session when Powell vowed to use all available tools to keep the banking system sound, but reiterated the central bank’s commitment to reining in inflation. He already hinted they are on the verge of pausin…
These folks are a tough spot on whether to deal with the inflation while facing with the bank mess ant the same time. Clearly something broke. Even with this 25 bps rate hike, the market sold off for 1%. Guess Powell chose inflation over bank cri…
a@yogibb said,
CME FedWatch THIS evening is showing these rate changes and probabilities (see image) for the next several FOMCs:
+25--+25--hold--cut--cut--, etc.
That sounds reasonable as US is approaching the end of the rate hike cycle. So we …
I watched that too and her speech was meant to calm the market. That why I ask if there is something else I missed.
First Republic Bank got a whole lot more problem than just “run on the bank”. Over the weekend, several large banks pledged $30 b…
Thanks for the article. These days it is all about the rating just as Fox News. Talking about journalism malpractice.
Senators Warren is spot on and she and a number of Democrats voted against passing the 2018 deregulation on part of regulatory …
Morningstar’s take on Buffet potential help with the regional banks.
Any Berkshire Action Would Like Be Capital Injection, Not Acquisition
With all of that in mind, we would expect any action on the part of Berkshire-Buffett in the near term, with…
I am sure Powell is aware of something is broken within the banking system due to the unprecedented rate hike’s magnitude and pace. Clearly, something needs to be redone on the stress test that failed to catch these banks. Senator Elizabeth Warren…
Futures on gold is rising while treasuries are falling. Oil and commodities recovered a bit. US stocks are up a bit. Europe is down. Japan is up. Think I will wait and watch.
https://finviz.com/futures.ashx
@ dtconroe and @DavidF, please see @bee’s posting on WealthTrack.
https://mutualfundobserver.com/discuss/discussion/58534/wealthtrack-weekly-investment-show/p8
Leading Wall Street economist Nancy Lazar discusses the resilience of the U.S. economy…
The 2018 rollback of the part of Dobb-Frank Act on regulatory examination and stress test contributed to this failure. This supposed to US banks more competitive with other banks in the world. Now we realize that is a mistake. Will any of the execu…
This morning there are fewer CDs (1 year) available this morning at Fidelity and Vanguard. On last Friday, there were many more choices. Stayed with large banks only - Morgan Stanley, UBS and Barclays.
Will wait after March 22th FOMC meeting to s…
Thank you. I need to get subscription to NYT and Washington Post.
Trump lawyer Joe Tacopina Was interviewed by Ari of MSNBC. Tacopina said that Trump will go when he is charged and arrested (implying peacefully). So that he will not be photograph…
The short answer is no according to LizAnn Sonder of Schwab. She gave a summary on the regional bank issue in the context of past bank failures.
https://schwab.com/learn/story/market-snapshot
Always found her to very effective in getting to the …
Heard as low as ONE billion (not sure which currency) was offered by UBS. This Credit Sussie debacle is actually bigger issue on global level of financial contagion. The Swiss government already made billions line of credit available.
++++
Durin…
I believe it is due to both the magnitude and pace of rate hike. It is the most aggressive hike since the 1970’s Volcker days. Right now there is lots of uncertainties of which shoe will drop next after SVB, Credit Sussie, First Republic Bank (oth…
Agree with @Observant1 that 2008 was MUCH worse! Nevertheless, investors need to stay calm and stick to their plan (asset allocation) and not get influenced by the media/news. The worst is panic and make bad choices.
I have been deploying my ca…
Thanks for the update. We pared back on energy sector early this year since we expect high probability of recession this year. Also not convinced enough on China story of reopening to hold on.
@Andy, overnight the treasury yield fell again from last night. Both 4m and 6m are now below 5%.
https://cnbc.com/bonds/
Please see the other posting for the reason:
https://mutualfundobserver.com/discuss/discussion/60810/dow-futures-fall-500-p…
Thank you for sharing. This morning the CPI was reported 6.0% in Feb, not higher. Core CPI excluding volatile fuel and food is lower in Feb. Housing and rent remained high. Some reported old measuring method used is lagging the actual data. With c…
