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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
More inflation data posted today.
https://vox.com/policy-and-politics/2023/1/12/23551782/inflation-cpi-consumer-price-index-federal-reserve
Couple that with last week’s slowing wage growth is encouraging; the rate hike may become smaller. After a …
Some comparison between the two cases:
There are also many differences, as well as other issues where we lack sufficient information to know what’s similar and different:
There were purportedly 10 documents with classified markings at the Penn Bide…
@Derf, what is the hurry? Bought some BND and will increase its allocation as T bills and CDs mature in coming months. If and when the Fed starts to cut rates, I will go for long duration bonds. Stocks are still expensive in my opinion. So I will se…
The minimum holding period is one year. No one really know if inflation get down to 2% in the next 12 months, but it is unlikely going from November’s 7.1%. After 12 months one can sell I bonds and lose the last 3 months of interest. Personally I c…
Rebalancing to reduce risk makes good sense to in normal market condition and the year is 2022 is not one of them.
Did considerable reshuffling in late 2021 to get defensive. Shared the details in another post that worked out ok in 2022. As rate…
I bond is limited to $10K per person @0and additional $5K on their tax return.
CDs and T bills can be purchase in large sums. However, T bills are more liquid and can be sold through secondary market. T bill ladder is recommended so the shorter…
Upon further examination there are considerable differences:
1. There were 10 classified documents stored in a locked safe in the Penn Biden Center for Diplomacy and Global Engagement.
2. They were stored there when Biden served as a vice presi…
How time has changed. There are now actively managed ETFs are becoming available and at a lower expense ratio. T. Rowe Price, Harbor and Franklin Templeton offer them. Additionally, many loaded funds are waiving their loads at large brokerages. In…
The problem I admit is most active managers are not adequately equipped to make that kind of macro forward-looking analysis of asset classes. And worse, some are also drawn to short- lived trends that help gather assets instead of produce good resu…
I am making few tweaks here in 2023:
1. Reduce cash to increase intermediate-term investment grade bond exposure.
2. Maintain decent exposure to energy and commodity futures and pay attention to China reopening and industrial output (they are #1 …
Thank you. They are very good funds going into 2023.
As for the bonds, 2023 may present better chance to gain 5%+ gain now that most of the rate hike are likely behind us now. Few smaller hikes are likely this year. And the yields are considerab…
Bolsonaro was visiting FL on a special visa reserved for Brazil officials. He left before his term ended, but US can send him back. He can get medical treatment back home.
https://npr.org/2023/01/09/1147812986/why-did-jair-bolsonaro-leave-brazil-f…
Other Vanguard 529 funds in other states have a decent exposure to developed and emerging markets in both stocks and bonds.
The LifeStrategy series of funds are constructed the same. For example, LifeStrategy Moderate Growth, VSMGX, is consisted…
Lately MarketWatch is putting out articles with eye-catching titles. This AANA appears to be a tactical allocation portfolio, but there is no public record.
Good catch, @hank.
@old_Joe, Yes, rapid change from day to day. Today the wage growth rate has slowed. So the service cost as one of the inflation indicator is not as bad as it appeared to be on Thursday. Perhaps January’s FOMC will have a smaller rate hike, 25 bps…
@catch22,
Relative to bonds and no market support in 2022; a 50/50 mix of a broad based U.S. equity index and a broad based U.S. bond index had a combined total return of -16.32 % for 2022. The indexes I used are VITPX and VBMPX ,which are inside a …
Here is what the 20 opposition want and that is essentially holding the House in hostage.
https://npr.org/2023/01/05/1147028286/these-21-house-members-didnt-vote-for-kevin-mccarthy-heres-what-they-want
Not wondering around the mine field is a good thing. I rather donate my money to worthy causes.
Sometimes Fidelity surprises me for not staying out of trouble.
If 2023 still face interest rate hikes (at least several smaller ones), 50/50 allocation will not improve much from the 60/40. 60/40 in S&P500/cash would have done better, but that is hindsight.
It is really a reward-risk trade off between t…
He wants power badly and now make more and more concession to the other 20 members while weakens the speaker leadership position. He should just step aside.
VOX wrote there are four possible outcome. I prefer #4 with a unity candidate and McCarthyy is not one of them.
https://vox.com/policy-and-politics/2023/1/4/23539597/kevin-mccarthy-house-speaker-vote-result
@hank, you made a good point. The opportunity cost was left out to make the recovery point easier to understand. MFO Premium makes the recovery duration calculation without taking into account of up or down markets during the recovery period. Addit…
Thanks @hank, good information. Learned from past drawdowns that losing to a lesser degree provides a shorter time to fully recover and respond appropriately without triggering panic selling. Some funds may take 4-5 years just to reach breakeven poi…
Fidelity posted their outlook for 2023 including several possible scenarios.
https://fidelity.com/insights/markets-economy/whats-next-stocks?print=true
One needs to consider the possibilities as one reposition his/ her portfolio.
With respect t…
Thanks for the link.
India is at the crossroad of embracing the west or Putin. It needs cheap oil from Putin but it want to compete with China on multiple fronts in manufacturing, especially high valued products. One cannot ignore their large popu…
