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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
Things are moving fast. Several posters here reported oil price declined a week or two ago. Now the agricultural product prices are falling too. This may imply inflation is coming down as well. Hopefully gasoline price is coming down as well.
@yogibb, thanks for the info. My previous experience with Pershing/T. Rowe Price required patience. Is TIAA available for anyone or limited to teachers ? I had TIAA-CREF serving as the administrator for Oregon 529 plan.
@msf, really appreciat…
Agree with OJ there. But when natural disasters strike such as hurricanes and tornadoes, the citizens come to seek help from the federal and local help. What do they think FEMA, Red Cross and others are created for?
TIAA - impossible to navigate, reducing offerings. They used to offer a simple, vanilla brokerage IRA. No longer. Now all they offer is an IRA annuity with a brokerage window. Since it's an annuity you can't just have another brokerage pull your as…
Marks said he doesn't invest in crypto because assets like bitcoin don't produce any cashflow.
"Assets that don't have cash flow don't have intrinsic value," he said. "A good part of the value has to be conceptual and future-oriented."
Mark does …
@hank, I would not bail on PRWCX since it is closed to new investors. Link above explains the consequences of stocks and treasury being down at the same time. Just about all allocation funds are down this year. There are a number stock funds and ETF…
The SV fund in my 401(k) invested with instruments from insurance companies. The yield this year is over 3%.
Money market funds now are yielding 1.3-1.4% whereas it was yielding less than 0.1% less than a year ago.
If you haven’t noticed, commodities have tanked hard in recent days - not a sign of a booming economy.
Crude oils and energy funds/ETFs fell considerably in the last two weeks. While this is one bright spot for this year, it is trending downward, …
Good memory! Natural gas is produced as a by-product from oil refineries. Periodically serious accidents happen that they do considerable damage that takes months to bring them back to operation.
Flynn has a checkered working history while he was in the military. He was forced to retire due to ethics issues and poor management skills. This came from Colin Powell and James Clapper, two highly respected figures. His behavior continues afterw…
@yogibb et al,
I did read your earlier post on crack spread and oil companies are making a lot of money. Modernization of existing refineries is not cheap but it is a necessarily for safety and the ability to produce other grades of fuel. Think ma…
Hard to say as there are several possible scenarios. For those who has CASH to purchase, they are insensitive to the rate. Higher rate are affecting first time buyers the most and many already being priced out. There are a sizable fraction of famil…
Late last week uptick is more like relief rally. Everything is down again on Monday. Listened to @hank’s Wall Street Week posting again. This year will be not be easy to get back to positive territory given that S&P 500 is down 18% and total …
@CAREW388, The actor Sammmel Jackson called out Thomas
"How's Uncle Clarence feeling about Overturning Loving v Virginia??!!"
https://msn.com/en-us/news/us/samuel-l-jackson-calls-out-clarence-thomas-for-leaving-interracial-marriage-off-list-of-t…
I am afraid the damage will long lasting... What I most disappointed that many voters did not participate in 2016 election just because they disliked Hillary Clinton. The flip side is the nightmare that unfolded that resulted to have 3 new justices…
Times have changed for sure. Many people finance their cars over 3 to 5 years that add to the total cost of ownership. In the meantime, the car is deprecated its value. Spending in careless way is one of the reason these people will not save enough…
Not sure if the market has reached the bottom. Certainly don't want confirmations biases from pundits. Several things to think about:
1. What will the earnings look like in the upcoming reporting season? Better or not?
2. Has inflation peaked a…
Here is NB mutual fund, presumably with front-load waived and being available in major brokerages.
https://morningstar.com/funds/xnas/nrbax/portfolio
It would be interesting to see how much lower the ER will be. This OEF is at 1.10%.
This M* article explains more on commodity strategy funds. TIPS are often used as collateral for investing in future contracts (derivatives).
Strategy design heavily influences performance, too. Most commodity strategies aim to closely track a sp…
Sometime doing ok is good enough for me in this environment. This year many international funds are down 20+ % and VWILX is down over 30%. The 2008's drawdown has taught me that it is much easier to stay invested in conservative funds and they tend…
I too have invested in VWILX for awhile when growth stocks were in favor. When long time Baillie Gifford manager, James Anderson announced his retirement, I rotated gradually to value-oriented VG Global Wellington, VGWAX, as part of risk reduction. …
You have lots of patience. I used both Chrome and Safari browsers but not successful. Tried to clear the cache in history and several reboots, no luck. I was, however, able to place the order at Fidelity.
Thank you for all your feedback. No longer maturity fixed income vehicles for sure. I am looking at the shorter-end of treasury or CD ladder - a bit more yield than money market. Since they will be for our tax-deferred accounts, tax-exempt advantage…
Thank you for your patience in your explanation. Where can I find the real yield at auction if the secondary market YTM is different from the real yield?
I place an order with Fidelity easily this morning. Trying the same transaction with Vanguard…
I notice that this morning on Bloomberg that 5-year TIPS yield is at 0.45% and the coupon (rate) at 0.13% (round off from 0.125%).
https://bloomberg.com/markets/rates-bonds/government-bonds/us
In addition, at Fidelity, the same 5-yr TIPS stated t…
It is more of a question of when rather than if a recession will happen. The probability has been ratcheted upward since the beginning of this year. Next is to watch for consumer spending (70% of the economy), layoff and upcoming earnings.
The n…
