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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
In the past I invested in Franklin Mutual Discovery fund and FMI International fund. Both are currency hedged funds.
MDISX. The Fund regularly attempts to hedge (protect) against currency risks, largely using currency forward contracts and curre…
They could be from North Korea and Iran. With solar panels the size of satellites, they can be launched anywhere. Certainly these are designed to be expendable and lot less than low orbit satellites.
We have been lucky with our Mac so far with Safari browser. I only use Edge ant work but it is really clunky.
Updated to Mac Mini computer with M1 processor so It runs the largest Monterey OS.
@Crash, I use PC at work but there are firewalls protecting the system, but often at the expense of quick response. Supposedly, Windows OS10 and beyond have rewrote their codes to follow Apple (I am not a computer expert) that hardened their securi…
Saw the article in Apple News. Here is the link to The Guardian,
https://theguardian.com/us-news/2023/feb/12/us-military-shoots-down-fourth-flying-object-over-north-american-airspace
Whitmer said on Twitter that federal officials had been “trackin…
@hank, think you are right about Russia testing the detection boundary of NORAD.
A third object was shot down over Canada Yukon Territory on Feb 11.
A fourth object was shot down over Lake Huron on Feb 12. That may explain the closing of airs…
@hank, Many thanks to your info on what Fed and the market control. I too notice the 10 year treasury yield has moved up from the low 1.3% (1/5/23) to 3.74% (2/10/23), and that is sizable change in short time. High quality IG bond funds I am inves…
@catch, really appreciate your reporting on bond performance.
Question: is there a correlation between 10 year treasury yield to the rest of bond market? This past week there is a pullback on IG bonds.
If you don’t want to be track of where you browse, you can choose “private mode” in Safari or “Incognito window” in Google Chrome browsers; they do nor leave your browser history. Additional, one can subscribe to a VPN provider that will protect yo…
I remember the film, Independence Day, well. https://imdb.com/title/tt0116629/
Reporting from major outlets provided limited details with respect to the “object”. Having bits and pieces of information do not form a complete picture. Cylindrical sh…
No discernible propulsion system
- Able to stop and hover in mid-air / change direction
Very unusual for sure. It was shot down with a heat-seeking missile (Sidewinder). So it has a heat signature.
@PRESSmUP, you are spot on with respect to rate hike. Interest rate may stay high until the end of 2023. The probability of a recession is increasing while the next question is how bad can the recession be. The Fed is in a tough spot now just as …
Both stocks and bonds are down today, just as everything looked rosy on Thursday.
The employment figure spook the market. The nonfarm payrolls to rise by 187,000 in January and the unemployment rate ticked down to 3.4%. This suggests another rate …
One can invest directly with Seafarer to gain access to the institutional shares and signing up with their automatic investment plan. The minimum is $1,500.
https://seafarerfunds.com/invest/
SIVLX is a mid-cap value EM fund. Even though it has 1…
It was very strange yesterday when Meta reported good earning and stock went up considerably as the rest of NASDAQ. In the meanwhile, Meta laid off 11,000 (13%) of their employees and will buy back $40 billion of their stock. It is all about keepin…
I would say it is with fee waiver. If you subscribe to Apple News ($10/month), you get SOME articles which are behind the paywall including Barron’s, WSJ, and Washington Post.
But now that the Federal Reserve has hiked interest rates repeatedly,…
Thanks @yogibb for the update - quite a reversal on treasury yield on both long and short durations. Perhaps this reflects the inflation has finally slowed and the terminal 5% rate is very near. Additionally, CD yields have been treading downward s…
Think we just observed a bear market rally in last several weeks. In my opinion, bonds may have a better chance to make a decent gain this year now that most of the rate hike is behind us.
With many workers who retired or are retiring since the pa…
Informative data that suggest investors are still cautious. Can you blame them after they got disappointed badly in 2022. Hopefully the bulk of rate hike is behind us and stocks and bonds are turning more positive in 2023.
Layoff has spread beyond large tech companies that indicates the slowing economy. Guess the Wall Street does not care about that and they traded higher last week. Look like they are getting ahead of themselves. More earning reporting are coming no…
I more I read about this VG fund that more I lean toward Pimco Income, PIMIX. At least you have an experienced team who can execute this multi-sector strategy.
@MIkeM said, “Maybe they are using this platform to drive up price on their picks.”
I believe that is called “pump and dump”. Remember Jeff Vinik who managed Fidelity Magellan, promoted his stocks on Louis Rukeysers he was selling the same stocks …
I like to do more homework on new funds and their competitors long before I invest $ with them. Also have a year or two of track would increase the confidence that their strategy actually works. Multiple sectors funds offer no protection in 2022. S…
College education is ridiculous expensive these days even at public universities. We spent several hundred thousand dollars for our kids just for their bachelor degrees. Whereas we the parents got our undergraduate degrees for a small fraction of w…
Since November, oversea funds are making bigger move upward than those of S&P500. Weaker dollar is helping funds without currency hedging.
Mild winter weather slow energy sector’s advance. The defensive sectors such as utilities and consume…
US stocks are traded at higher valuations compare to the rest of the world. Also US dollar stayed high until October 2022, so it hurt the oversea funds when they are not currency hedged. Broadening the investment universe or opportunities is health…
Totally agree that defaulting would have grave consequences just like back in 2011. Even for a brief moment it would be a mess when Standard and Poor down graded treasuries to AA from AAA.
If things get really bad, social security checks may get …
No doubt the omicron variant is much more contagious than previous strains. The bivalent booster is still effective against serious hospitalization but there are reported breakthrough cases. Some may last longer than several days depending on the he…
I use Safari browser in Private mode, thus it does not retain the history. I was pleasantly surprise to be able to read the entire article. Like Hank stated above, there are many funds in different categories that were filtered through the MFO premi…
Good article.
Lynn’s closing thoughts
I expect 2023 to be a volatile year and believe stocks will see new lows and am underweight equities. I changed my investment approach when yields increased by buying individual bonds to match withdrawal plans…
