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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
Only the antibodies created from your own immune system can kill COVID viruses. Omicron specific vaccines are designed to recognize the spike protein‘s DNA sequences in order to create that specific antibody. The T-cells can do the same but the ex…
@catch22, to be precise Paxlovid is a anti-viral medication (similar to those anti-HIV medication, often referred to as cocktail = several drugs taken simultaneously). This one was found to be more effective (70% effective) against COVID than severa…
There is still over 400 death daily due to COVID and this is far from over. That is a real good bill that President Biden signed including the booster shots.
Getting anti-viral drug treatment early on makes a big difference to prevent further spr…
Most brokered CDs pay at maturities. But some pays monthly or semiannually.
Also you need to compare yields too to make sure you are comparing apples to apples.
I saw several articles mentioned exactly what @sma3 said above. Brokered CDs are FD…
Our family has been vegetarian for some time. There are more good choices today than the past. Impossible Burger adds heme protein so that it tastes like real meat. Had it at a friend’s house and it tasted quite good. Added condiments brings out…
To add to @yogibearbull’s comment above,
For I Bonds, the September report was the last of a six-month series that will set the I Bond’s new annualized variable rate, which will go into effect for I Bonds purchased from November 2022 to April 2023…
@yogibb, hope you recover quickly. That remind me to get the bivalent booster shot.
I have friends who were in your situation and they recovered fully in a week or so. Make sure you take the 5 days dosage as instructed. Best wishes.
Great minds think alike. I have a healthy allocation of cash to deploy.
For sure new issues only. CDs are not as liquid to trade on secondary market. Thus, best to avoid them.
5 year CD with 6% yield reminds me of the 80’s. They do looks attractive given my bonds are not doing so well this year.
Think we will be in recession by then. Question is what the inflation will be like at that time frame?
Right now 12 month CD is near the “sweet spot” on the yield curve and it flattens out beyond that. 2 year CD paying 4.8% is too long for me. I prefer buying several 1-yr CDs every 1-2 months apart so to build a staggered ladder. That would ensure …
Xi is reining in control on private sector now that he consolidated power after their election. Watch out. Alibaba lost 14% this morning. China represents over 33% of VWO.
Andrew Foster of Seafarer funds asked once, is China investable?
Rishi Sunak is heading to be the next PM. Question is what would he do differently from Truss’s policy ?
https://reuters.com/world/uk/what-is-rishi-sunaks-solution-britains-problems-2022-10-24/
England needs to hold a general election. How can the country had 5 prime ministers in the last 6 years ? Lewis B is spotted on Britain's resurgent nationalism .
https://newyorker.com/news/our-columnists/after-liz-trusss-resignation-britain-urg…
Elon Musk plans to cut 75% of Twitter staff if he takes over company. Is it good for Twitter stock, users, and their investors? And that is a clown show.
https://theguardian.com/technology/2022/oct/20/elon-musk-twitter-staff-layoff-takeover
It would be premature to get excited when November and December rate hikes are coming. 75 bps hike is highly likely for November and 50 bps hike is predicted for December. 10-year treasury is now over 4%, the highest level for the year.
I agree that holding cash or short term bonds would be a lot better, but that is hindsight. Investment grade bonds are down 14% YTD and there are two more rounds of rate hikes to go this year. Until the Fed starting to reverse the course and cut ra…
Credit card business is a very profitable business with little downside risk. That is why Visa and Mastercard stocks are commonly held in growth mutual funds.
Think the transaction fees have gone up from 3% (Visa and Mastercard). Now the credit…
That is the point. Without thorough auditing on Nikola’s book, how can investors trust the stock? Otherwise, it is nothing more like smoke and screen.
BTW, this case shares similarities to that of Theranos, except it is privately held.
Remember Arthur Andersen who was the auditing firm for Enron.
https://hg.org/legal-articles/the-fallout-of-arthur-andersen-and-enron-on-the-legal-landscape-of-american-accounting-31277
Will Ernst & Young face discipline from SEC?
The market carnage is far from done. So there will be better entry points down the road. I am surprise that analog semiconductors are still in tight supply today. The inventory should has been built up since many fabs were closed during the pandemi…
@Observant1, thank you for the great summary on Giroux’s interview.
His timing coming into 2022 is impeccable with his positioning of the portfolio.
He repeated “recession” several times even though he does not believe it. However, moving 10% of …
I stated “if” in my statement. Otherwise, the burden of proof falls on the claimant. Don’t know much about the allegation other than what is in the news. Think the rape case is closed since it was in the 90’s, unless she has physical evidence.
T…
No, never had issue on foreign tax credit. My foreign tax credit is quite small.
What will you do differently in your 2022 tax filing in order to avoid this foreign tax credit issue? I have been filing electronically for many years and have no …
Boy, this guy reminds me of Richard Nixon, I am not a crook!
Manhattan, prosecutors told the jury that Mr. Milton was a con man who duped ordinary investors into buying Nikola stock, making himself a billionaire in the process. They said he fueled…
All these large tax cut largely benefit those who are well-off at the expense of social programs. Is the British’s Labor party any better for the average citizens?
I invested with David Herro’s Oakmark International fund back in the 90’s, but found better substitutes since then. Herro’s concentrated approach, often in financial sector, has volatile swings in both directions. Not my type of investing as the f…
As usual, he will use the same tactics of running out the clock if he runs in 2024. If the claimant has physical evidence, Trump’s DNA on her clothing, a criminal case would be file and he cannot escape. Having to testify is humiliating at least.
As of yesterday, bond and stock indices are down 16% and 22%, respectively. So the 2022 data point should move a tad lower that where it is indicated. Few alternatives are in black and many do not rely on just the traditional stock and bond alloca…
@BenWP, my deepest condolences to your loss. I didn’t mean to make thing harder for you. @yogibb got a reasonable approach to correct the matter with a letter.
Sounds like TD is really clumpy. Here is what is stated on TD for changing banking information:
To edit an existing bank account, click the "radio button" for the bank you wish to edit and click the "Edit" button.
The ManageDirect >> Bank Ch…
Thank you. Good to see several managed ETFs are doing quite well comparing to that of VTI. Just verified that the factor-based ETFs are managed by Vanguard quantitative equity group.
@MikeW, the stable value fund I use is a private fund offers through my 401(k), not assessable for the public. For alternatives, I invest in PRPFX after I replaced TMSRX and IAU last year. Also I invest in GPANX (multi-strategies) and PQTAX (manag…
Thank for sharing your alternatives. I too invest in PRPFX after I replaced TMSRX and IAU last year. Also I invest in GPANX (multi-strategies) and PQTAX (managed futures). So far they are holding up much better than those from PRPFX and TMSRX. My …
