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.
Support MFO
Donate through PayPal
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
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…
Can someone explain why TIP bond prices are so volatile and trending downward in this high inflation environment? I am trying to ignore the TIP bond price on my statement.
My guess was cash. At least it preserves the principal. After 7.2% inflation, I am down again.
Several posters guessed well on commodity futures (DBC and VCMDX) and natural resources (FNARX and PRNEX). The single best performing sector. Who c…
Thanks for the chart! Rough year for balanced funds for sure.
Many of my colleagues invested in target date funds and they were surprised by the level of loss they are having. They thought simply everything into one fund would be easier to manage…
Many moves made in late 2021 that helped/distracted this year.
1. Sold all bond funds to stable value, CDs, T bills and money market (just as we need 529 fund for our kids in college)
2. Bought commodity futures and energy and sold half of it la…
The attorney general of that district is liking into the matter.
It is shocking that Santo fabricated his entire life. There was an article in a newspaper questioning about his background but no one follow up to verify the information. What a sh…
Now you guys are scaring me. A coworker was using an app on his Android phone to store his passwords and it was compromised. He found his online bank account was open by someone else. Nothing was taken and he does not know how it happened.
I a…
At the of the article it also highlighted the default risk of BL has increased. Yet there’s a dark cloud to that silver lining. Some 90% of the record $615 billion in loans issued in 2021 were what is known as “covenant-lite” loans with weaker def…
Volatility in 3 years… particularly during the beginning of pandemic in March 2020. It rebounded strongly after Powell cut the rate. Nevertheless it showed the magnitude of drawdown.
I am watching carefully and have pared back some BL/FR funds. …
@MikeM, are we reading the same Barron article by LewisBraham. One I read is “
Floating-Rate Loan Funds Have Promise—and Hidden Risks” and David Giruox was part of the interview. If that is the case, I came away with a different interpretation from…
Would quantitive driven algorithms used in today investing be considered a form of AI ? If it is, Vanguard, BlackRock, and other firms have already deploy it as a tool to guide their factor-based investing. Perhaps part of this discussion should be…
