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
No one really know the consequences of unwinding of mortgage bonds on Fed’s balance sheet.
Even if I have the money, don’t think I want a vacation home at 6% rate? Throughout the pandemic, we had inexpensive car camping trips at national parks on…
NPR does a good job in their journalism in getting to details of the reporting. This reminds me of Upton Sinclair’s “The Jungle” that I read in high school about meat packing industry in Chicago.
NBC and NPR also reported the same news too.
https://nbcnews.com/news/us-news/biden-announces-tentative-deal-avert-us-rail-strike-rcna47850
Excerpt from NPR,
The deal also includes changes to workplace attendance policies that workers found overl…
He would buy long-term Treasuries because the deflation risk is much higher today than it has been for the past two years
He owns European stocks and would buy emerging markets once the US dollar breaks below its 200-DMA
Don’t understand his logic…
Interesting article from Mother Jones. It is more than supply chain problem, the weather…
https://motherjones.com/environment/2022/07/record-breaking-heat-wave-food-prices-crops/
August CPI came in 8.3%, not much improvement. While gasoline price is down but food and others went up. Consumer spending remains strong. Core-CPI went up to 6.3% from that of July’s 6.1%.
Today, 10 years treasury moved up to 3.431% and the ma…
Ukrainians are fighting for their country to stay sovereign while the Russian soldiers are fighting for their paycheck. Some new recruits are not inform they are going to foreign land. Very different motivation. Russian military tactics has not evo…
Let’s hope that August’s CPI number releases on Tuesday, Sept 13 is lowered than than of July, peaking of inflation maybe the turning point of the Fed to slowdown the rate hike. Many said a 50 bps is more likely. Think I will buy more treasury af…
You are absolutely right that news are moving fast over there. It is very encouraging to see they are making solid progress. Ukrainian soldiers and civilians are paying dearly in this war. There is not as much coverage on their suffering and huma…
FPA New Income fund has done much better than majority of multi-asset bond funds this year, -2.6%. @AndyJ has a good point that money market funds now yield about 2%. After interest rate hike in September (expecting 50 bps), money market funds wou…
Thanks for your comments.
As has happened in the past, monetary tightening tends to produce some financial accident, crisis or disaster (here or globally). We don't know if the collapse of speculative stocks and cryptos were those - so, keep your …
@sma3, VG website works best on Chrome (some say Firefox too). Safari works fairly but NOT when you want to buy CD. Strange that VG did not ensure that all browsers work without question.
With respect to 1099s, make sure you set up for “electro…
It is a good start for many. It helps to visualize how much one gets monthly if their 401(k) are annuitizes. Same goes for one’s social security (depends on when the withdrawal dates). If one fortunate to have a pension plan from their employers, …
The CEO who just got fired may be the one who brought Arnal on board.
Sounds like the former CEO has set up the CFO to be the fall guy. Changing a CFO cannot solve the already problem on multiple fronts. Looks like BBBY need serious restructuring …
Storage and transport have been challenging for hydrogen in the past, but I believe they can be solve. In the long run, hydrogen economy would be most beneficial to the human mankind and the environment.
There is lots of info not available to the public eyes. One would think the “top secure” documents are track and can only be read in special rooms. Where are the gatekeepers? Our local university has a tight checkout systems for books and journals…
They have gotten a lot more expensive than the past. These days they have to be competitive to online stories in order to survive. They have better quality goods than those at Walmart, but their pricing strategies and online stores are not working …
Sometimes executives are tie tightly to their firms both financially and emotionally. Something is going on that the public is not aware of this person’s life.
Bed, Bath & Beyond has been declining for sometimes as sales have drifted to online…
Adding to @orage comment on The Shadow’s Sept’s Commentary:
A whole series of Direxion ETFs, some modestly silly and others just very badly out-of-step with the market, hence unattractive to fickle investors, will be liquidated on September 23, 202…
Excerpt from Heather Cox Richardson' today commentary:
Today the unsealing of a court filing revealed that the August 8 search turned up more than 11,000 documents or photographs that were not classified, 31 documents marked CONFIDENTIAL, 54 marked …
In the final round of the count, Peltola, a former state lawmaker, edged Sarah Palin, a former Alaska governor and the 2008 Republican vice presidential nominee, by 3 percentage points, 51.5% to 48.5%.
Real nice for someone who is relatively unkno…
Great points. I have been buying 26 weeks treasuries and holding them to maturity.
Fidelity is the easiest to buy new issues while I had issues with Vanguard. Only to find out later that Chrome browser (not Safari) would resolve the issue with Vang…
If you stagger 4 1-yr CDs, 3 months apart, you should able to do okay. There are more new issues available today.
Treasury offers few more basis points than CDs on comparable duration if you want to look at this option as well.
There are many downsides to globalization and this is one of them. Foxconn is moving their plants to India and Vietnam to manufacture Apple products. Many tech companies are also moving their plants back to US.
Chinese’s version of mRNA vaccines f…
I notice that too. In the past, yield curve inversion indicates the coming of a recession. I believe 6-12 months CDs are reasonable as one can build CD ladders.
China does not want to buy western-developed vaccines at the expense of COVID outbreaks among the major cities. China’s vaccines are only 52% against Alpha strain. By now, they are even less efficient against Omacron 4/5. The combination of high po…
More details released from the search. Troubling…
https://npr.org/2022/08/31/1120217245/trump-team-may-have-hidden-or-moved-classified-material-from-mar-a-lago
Sometime holding cash is not all bad (sone call it trash). Time like this cash give you options. Money market yields have inched up to over 1-2% now from near zero.
Whether Giruox’s timing is right to deploy his cash to buy tech stocks in June’…
