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
@msf, I have been most successful talking with live Fidelity representatives in early morning (before 7 am EST) or after business hours (5 pm). Their secured messaging is slow and appears to be AI generated. My D&C question took over a week t…
Concur that USFR is ahead of TFLO in 3 and 5 years performance in terms of Martin ratio while having similar risk (MAXDD %). Yields are 3.8 and 4.3%, respectively. Search is performed using MFO Premium.
Fidelity and Vanguard fund screening are …
Thank you for your summary that is just as informative. A gradual shift to intermediate term bonds over 3-6 months would work as well. Still prefer active managed core bond funds. US dollar has been falling so oversea bonds are attractive too.
I talked with Fidelity representative more than once about this topic and the issue remained. D&C funds are sold on their TF platform but they are not listed under their Mutual Fund tab.
This happens to funds that are undergo registration cha…
The recession debate is ongoing since conflicting economic data are posted on regular basis. Inflation is slowing but it is far from the 2% Fed target. Tight labor market (service cost), increased manufacturing (GDP) and consumer spending are counte…
I guess it is a matter of time when we all get expose to data breach.
We are not using any cloud-based storage for our personal documents. Much more secure to store them on our external drives.
At work we use One drive. DropBox is okay for non…
Jeff Gunlach was fired from TCW under weird circumstances over 10 years ago.
https://reuters.com/article/us-tcw-lawsuit/ex-star-manager-gundlach-sued-over-stealing-drugs-porn-idUSTRE6064YI20100108
Gunlach later formed DoubleLine management that wen…
Not here. Zero funds were acquired by Osterweis a year ago. Attached is a note from MFO posting. https://mutualfundobserver.com/discuss/discussion/comment/148769/#Comment_148769
Please review the Great Owl funds listed under “Funds” tab above. […
Georgia Secretary of State, Brad Raffensperger, spoke about Mr. Trump:
“The most basic principles of a strong democracy are accountability and respect for the Constitution and rule of law,” Raffensperger said. “You either have it, or you don’t.”
…
@Old_Joe, thanks for compiling the info. The indictment is significant since it occurred at the state level. Unlike other indictments charged at federal level, this case will continue well beyond 2024 election. And there is no escape! Charge #1 …
Took profit from stocks and gold several weeks ago and now adding to bonds including RiverPark Strategic Income, institutional shares, RSIIX, and short term T bills.
My deepest condolences to those who perished and suffered great loss. It is on my plan to visit these beautiful places. Just cannot believe the photos from the aftermath.
Lowering from $50k to $5k is indeed very good news for retail investors. CrossBridge funds are on transaction fee fund platform at many brokerages. Fidelity customers can use their automatic investment features for additional purchases for $5; no f…
@yogibb said,
While Moody's rates credit unions, I haven't seen reports of similar downgrades.
Credit unions have simpler models - take deposits, offer CDs, provide auto and home leans, park excess in Treasuries. They don't have CRE exposures. The…
Thanks for the info. We bought some 12 months T bill this week as other T bills matured. Yields are rising after Fitch’s downgrade of US Treasuries. For taxable account we prefer T bills due to the state tax exemption. Otherwise, brokered CDs are …
Thursday’s futures market is up a bit.
https://finviz.com/futures.ashx
Think we will enjoy more of the beach than the stock market.
Addition: Thursday morning, both US and oversea futures market drifted downward.
Think it was premature to say that US may not enter a mild recession, i.e. soft landing. It is a question of when and how severe the recession will be. Many conflicting data right now with the tight labor market, low unemployment rate, falling CPI, …
Thanks @yogibb for your perspective. Today all stock and bond indexes are down. We will see how this plays out in light of a number of good economic data. Now the earning reporting is upon us.
In August, 2011, S&P downgraded US treasury and the stock market tumbled. Will it be differ this time?
https://npr.org/sections/thetwo-way/2011/08/08/139081051/developing-in-wake-of-s-p-downgrade-watching-the-markets
Addition to being tax-exempt for federal tax, state-specific muni funds are also exempt from state tax too. For those who are in high tax brackets and living in states with high state tax, they would most benefit after taxation. The “double” exemp…
How time has changed with American funds. By the time we invested with American, the R6 (retirement accounts) were available - no load and no 12-b-1 fees. AF has served us well especially during drawdowns. Today, we moved to their newly created ETF…
There are other bears besides Mike Wilson. It is a matter of timing if and when the recession arrives. For now the strong labor market indicates the market is more resilent than anticipated.
Think you meant CGGO, Capital Global Growth Equity; a sold global growth fund. The domestic version is CGUS. I bought CGUS and CGDV when they became available a year ago. Also looking at CGMS, a multi-sector bond fund.
Addition: excerpt from Le…
He is in a ton of trouble for sure. And he brought that all to himself just like Mary Trump said. Jan 6th case will be trial in Washington DC, and the GA’s election interference case will be in GA. The juries selected will be very different groups …
@Old_Joe, we have had the fortune to invest in American funds in our 401(K). We were first a bit skeptical in the beginning With their team management approach. Over time they provided steady returns while managing the downside better than most lar…
The same article also appears in several place. This one is in Fortune magazine.
https://fortune.com/2023/07/22/is-bear-market-over-stocks-sp-500-recession-economy/#
Many investors are expecting a recession in 2023 due to the inverted yield curve…
Through 2022, we increased "defensive" allocation including utility, consumer staples and health care (all ETFs). They are a hedge against a bad case of recession. so far, healthcare held up the best and utility lags the other two ETFs. I do not co…
So glad that you are getting better from the antibiotics treatment. Even with the pneumonia vaccines, some patients still get infected but the severity is reduced. Please take lots of rest in your recovery. Like all other respiratory diseases, fa…
With my son--- the one this thread is all about--- we won't open a brokerage. Just KISS it: choose a fund and deal with them directly.
@crash, I believe you can "gift" one share of PRWCX to your son as long he has an account at T. Rowe Price. At F…
@chang, I concur. Look like we travelled similar path with most of the funds you mentioned above. We have invested with Yacktman for many years. Consistency I performance over time has been its hallmark, especially during drawdowns. Yes, it is t…
@Observant1 posted:
As such, the average bank loan and high-yield bond funds posted solid returns of 2.7% and 1.5%, respectively."
As of June 30, 2023, the total returns of my bank loan and high yield bond funds are doing a bit better than 2.7% a…
