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
Thanks to @ Devesh Shah, YTD return on short-term inflation protection security such as VTIP and STIP are up 1.4%. Think they will do ok in rising rate environment.
https://mutualfundobserver.com/2022/02/thoughts-on-inflation-protection/#more-16373…
Moldova is the next target as revealed by Lukashenko. NATO and Biden need to make that clear to Putin that they are free to move in and out of Ukraine without being threatened. Any incident could launch into WWIII.
US has mobilized 8,000 troop and…
COM’s lower MaxDD is very compelling comparing to BCOM index and other commodity funds/ETFs. The actively managed aspect and rule-based weighing of 12 sectors are quite attractive in this otherwise very volatile asset class. The references within t…
@MikeM, I believe inflation is here to stay for the near term. I too invest in DBC but the mutual funds available are a bit less volatile: VCMDX and EAPCX.
Will do more work on DBA and report back.
Glad to see many of us drive fuel efficient and hybrid vehicles so that pump price don’t impact us. Can’t get away from increased food and consumer prices. We just watch our spending accordingly. We have kids in colleges and have to watch their 529 …
Thanks. It is getting very complicate.
Same question can be asked about those expensive yachts and properties owned by the Russian oligarchs that were seized. Can't exactly selling them without going through legal proceeding.
25 bps rate hike is expected but watch for signals for more rate hikes & Fed balance sheet reduction
The rate hike is long overdue. The Fed has been stimulated the market too readily since 2008 with QEs. Now the investors have the price to pay…
Unless OPEC can replace the total Russian oil being sanctioned, today’s rally can be short live. Can Canada step up to this since they are already the largest producer for US.
Today crude oil prices dropped to $108 with OPEC agreeing to increase production. Will gas price stabilize as well? Reading further that Russia is one of the player in the OPEC cartel.
Last I looked the top holding is dated as of 1/31/22. It must got updated in the last several days. Giruox still has over 10% cash according to Charles.
@lynnbolin2021 posted an article about alternatives and recession. You may find it helpful.
https://mutualfundobserver.com/2020/09/alternative-and-global-funds-during-a-global-recession/#more-14509
Typical funds report their NAVs when the underlying security’s prices obtained and calculated after the market closes. In today’s digital world, this takes several hours to post online the NAVs and their yield to date return in percentages. I too no…
Back then companies are more locally focus rather than being global as today. Raw materials were sourced from the local area except for gum rubber where they were obtained from Southeast Asia until Japan took control that region. Synthetic rubber we…
Great testimony from a satisfying customer on hybrid vehicles. Battery technology must be improving enough to enable larger vehicles including Highlander (SUV) and Sienna (minivan).
PRWCX is closed to new investors for some time. It invests in large cap stocks so it is less of an issue than those invested in smaller cap stocks. Certainly small AUM would be easier for manager to do well. In Giroux case, he has a team of analys…
Even when my bonds are down, they are small relative to stocks. Most importantly, the correlation is mostly negative from day today. Glad that I do not hold any EM bonds, local currency or USD hedged. Gold is up over $2,000.
One bright spot is BR…
We still remember the gas shortage in the 70’s. My daughter has a Civic hybrid which has been a reliable and fuel efficient car. We drive 10+ year old Civic and Odyssey where we organize our shopping in order to minimize gas expense. Cannot understa…
Hybrid vehicles have improved considerably in the last 15 years. They are now in the 5th or 6th generation with improved battery life and reliability. My neighbor has a Prius that gets over 40 miles per gallon on average and it is so quite while op…
@lynnbolin2021 said: Many fine point along this discussion. Yes, FSRRX won't perform well during low inflation periods. I like Vanguard Global Wellington (VGWAX) in addition to VWIAX. These and other funds should be the core of a portfolio.
I lik…
Yes, that was during the COVID lockdown. High oil price is causing tomorrow’s Dow future to be down 400 points. Also noted that treasury yield retreated a bit at the end of last week as the Ukraine war escalated.
CNBC described this morning on …
That would be the worst scenario in geopolitical risk! Will China buy Russian bonds as their only lifeline?
In addition, this month's Commentary made reference to M* on bond funds with sizable exposure (8-16%) to Russian bonds.
https://morningst…
Data from M* or TRP on holdings are dated through 1/31/2022. If he is buying Apple, that would be a new position for the fund. It will be awhile before it reaches top 10 holdings given the large asset base. Health care and technology are the large…
Pretty messy for sure. Just reviewed our holdings and Russian stock exposure is quite small in our already small EM funds. Pimco Income, PIMIX holds 1.5% Russian bonds. This week it loss over 2%. What about those who own EM local currency bond fu…
Agree. Cash flow data is a backward indicator that tends to be a bit late. Tough spot for bond investors this year with the possibility of 4-7 rate hikes. Then again moving to equity poses a complete set of risk on capital loss.
A form of timing the market or having to much at risk ?
I would call it reallocation of one's portfolio instead. Powell's testimony early this week confirmed a 0.25% rate hike in mid-March. With over 6% inflation rate, money market funds stand to lo…
@David_Snowball, I don’t have any particular fund in mind that needs additional research. existing Please continue doing what you are doing with your precious time so to benefit the broader MFO community. Your new team is simply outstanding and I l…
Fund managers have target range of sell prices so to ensure they capture majority of upswing. It is likely that he still have some energy allocation. In the meantime, Apple and Amazon were off for their peaks in January and he bought them at their …
GWB made an error on trusting the former KGB agent who pined for the good old days. Russia is close enough to supply oil and gas to Europe. Transporting these fuels is the bottleneck of the business, either through pipelines or tanker ships. Mark me…
Sound very reasonable. Given the size of the fund, he would buy the stocks in increments over time in order to build a meaningful position in the fund. Apple is large enough (liquidity) large lots bought or sold would not change the pricing as it …
On your 1099-Q, you are the recipient with your social security # and the FBO (for benefit of) of the grandkid name. The IRS also gets a copy of that 1099-Q. When you file that on your 1040, state that you are paying your grandkid qualified educatio…
In stress time like now many investors turn to US dollar and treasury.
Emerging market bonds, EMB and LEMB (local currency) are down 1.5% while 10 Y treasury price is up. Today treasury yield are falling…
Fear has driven crude oil to exceed $101.85/barrel today. Other exporters will take advantages to supply Europe. US imports majority of oil from Canada and much less dependent of Middle East as in the past.
My small stake in alternate energy had …
Good link provided by @LewisBraham. Sounders (Schwab) often stated that investor sentiment contributes to shift between growth vs value stocks. Have growth stocks reach an attractive pricing range ?
This really work! I got my form 3 days before the email notice arrived. I went the paperless route a number years ago since it is the quickest way to get your form. Good luck.
