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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
My mistake, it is VGWLX, Global Wellington. A global version of Wellington.
Wellington also manages International Core Stock fund, VWICX. I reduced my EM and growth exposure in late 2020 as part of risk reduction. Now bonds are falling as well…
Large US tech companies are reporting next week. Netflix took a big hit the week and will the rest of FAANG stocks do better.
Also crude oil future declined to $99 per barrel as the Chinese demand has soften due to lockdown on several large citi…
@bee, once again, thank you for Alex Umansky’s interview. Lots of good insights on his stock picking process and the risk of high growth stocks. These stocks are the future Amazon and Apple before they become so dominant today. Mentioned that Russi…
I'm a VWILX ¹ investor and the fund has performed poorly over the past year and YTD.
Same here, but I exchanged most of VWILX to the more value-oriented VGWEX for reducing risk. Growth is out of favor now after it out-performed value for many yea…
The point of going to short duration bonds is to minimize interest rate risk, especially when are more rate hikes coming until 2023. Going to long duration bonds make sense when rates are falling.
Bank loan bonds referred in the article are shor…
and long government-bond funds saw inflows."
Last I checked long term treasury index funds are down over 17%. Please help on why these bonds attract investors?
In addition, there is likely several rate hikes this year and 2023.
Funds that invested in commodity futures use TIPs as collateral which is affected by higher rates. Several 50 bps hikes are planned this year. So commodities will likely to give back some of their earlier gain.
This year there are few safe optio…
Situation is worse than that of Wuhan back in 2020. Several large industrial cities are being affected and production for Tesla and Foxconn have stopped as OJ posted above.
The worst is the Chinese vaccines are barely passing the WHO benchmark wi…
@yogibb, this board had a discussion on FRDM last year. https://mutualfundobserver.com/discuss/discussion/57904/investing-in-freedom-freedom-100-emerging-markets-etf-frdm/p1
For what it worth, this year this ETF is having a much smooth ride given …
I have no issue wearing mask on flights, especially for oversea flights. We found double-layer silk mask from traveling shops to be most comfortable in term of breathability and comfort versus KN95 mask. Price has doubled since the pandemic. Still…
Please take a look at Freedom 100 EM ETF, FRDM. Fact sheet is provided below.
https://alphaarchitect.com/wp-content/uploads/compliance/etf/factsheets/FRDM_Factsheet.pdf
Country selection and weights are based on composite freedom scores derived f…
The situation with Russia is worse than that of 2008, where everything took several years to fully recover. Is there a turn-around this time?
BlackRock stands to loss the most - billions $ since they have the largest Russian exposure. Earning s…
It will sell up to $60 billion of U.S. Treasuries and $35 billion of mortgage-backed bonds per month.
Wonder which direction balanced fund managers will tilt toward ?
@hank, Don’t think we are out of the wood yet with COVID. Will learn the motivation behind this terrible act soon. Pandemic stress could be part of it. Nevertheless, we all must love our neighbors regardless of the circumstances. Please stay safe…
@msf,
One can eek out another $5K in savings bond purchases by overpaying on one's Jan 15th tax estimate. Add enough to create a $5K refund to buy the bonds.
With year-end distribution, it is often not easy to estimate how much to “overpay” the …
@old_Joe, agree that Intel would be a better choice and there are few others too.
Apple moved away Intel X-86-based chips to other advanced (faster and low power consumption) architectures, M1 for their computers. M1 chips are designed by ARM, a …
WB held IBM for a long time before he realized it has no competitive advantages or wide moat. He sold IBM later. He bought Apple (and lot of them) and this turns out to be a right pick. HP appears to me is more like IBM, hope WB proves me wrong.
How about comparing to iShares Canada ETF, EWC on both the upside and downside?
Single country funds/ETFs can be rewarding and volatile at the same time due to lack of country diversification. Good research topic but be careful.
Canada is having inflation issue too. In April, they will raise rate by 50 basis points and likely more throughout the year. So I would wait a good entry point and dollar average in to your target allocation.
Yes, you got the correct. Remember that Giroux uses this fund for his bond allocation (the largest position). PRWCX is doing well without holding other investment grade bonds.
A bit confusing there, but you don’t need to go the Google account. Just select your answers directly below and submit. I completed my poll using Safari browser.
Bond market got spook by hawkish Fed statement.
https://fidelity.com/news/article/top-news/202204051009RTRSNEWSCOMBINED_KCN2LX1BZ-OUSBS_1
VG total bond index, VBTLX, -0.09, -0.86%
VG total international bond index, VTABX, -0.12%, -0.57%
Pimco Incom…
Have been building defensive positions on utility, consumer staples, value stocks, and commodity futures after selling most of bonds early this year. Still have cash to deploy. Most unusual year for sure.
As you'd expect from BG, high volatility, high beta, M* high risk. Not doing well this year, again as one would expect.
Concur with @msf assessment. BPESX is down over 10% per M* while the top 10 (global) holdings constitute 54% of the fund, a con…
I often see the “free” TurboTax tax filing from Fidelity and on TV, but it looks too good to be true. They always include a disclaimer that the offer is for simple tax cases.
I suspect many of these filers may have few items to report to IRS such…
At the moment, the market is not reacting rationally. There is little positive news to drive the market upward given high inflation, Ukraine war and COVID in China. Think some $ came from bonds as they are not doing well from the rising rates. Cor…
@hank and @Mike M, please see @lynnbolin2021’s Seeking Alpha article - lots of good info. MikeM has made good move to COM.
I too have invested small allocation in commodity futures via funds and ETFs since last year as my bonds lagged. They have m…
Thanks @pudd, we should respect the copyright of Economist’s publications. Thus, posing the entire article may not be the best. Another way to share the information with the board is to post a summary of the article in bullet points as @yogibb has d…
Oil pulled back due to China’s lockdown on Shanghai - worst outbreak in the last two years. It is severe enough to affect export production and oil consumption in that city. They are starting to use Pfizer vaccine which is considerable more effectiv…
