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
@Derf, there is no linkage to an article.
No to hijack your posting here. Another article from Liz Ann Sonders on fed's tapering and the subsequent rate hike in 2022.
The announced initial pace of the taper clears the way for the start of …
One would think the asset base gets smaller every year as the investors flee to elsewhere. If nothing else, one do better with a 60/40 balanced index fund.
You’d have made less than a half-percent annually had you bought the fund when it opened 21 years ago.
That is really sad. After 2% inflation, the investors are behind every year.
TRP must be expanding into new offering, alternatives.
@crash, TRP bond funds are all long positions. PImco employs many tactics including derivatives and futures. This year is particularly challenging for most bonds since the yield moving upwa…
Drawdown on junk bonds in March 2020 is over 10% until the Fed’s rescue. Junk bonds are up this year while the quality bonds, government and corporate, are all in red.
I have shifted to bank loans and short-term TIPs. Next year could be even more…
My understanding is that RMD only affect the total sum of IRA, not Roth IRA and Roth 401k). Roth accounts came from after tax dollars thus there is no distribution upon withdrawal.
You need to add up all non-Roth IRA accounts and use the life exp…
Waited 4 weeks to get Honda parts to repair my car. Generic part costed about the same due to limited supply.
Los Angles is the main port for import goods and they are back logged badly. Many container tankers are sitting right off shore of LA. …
Several posters commented on this fund on another tread. Quite a flexible allocation fund with good risk profile with respect to 2020’s drawdown and recovery time. Also it is more value oriented.
Now is the enrollment period, you need to spend time talking with insurance companies on their coverage and cost. Be specific about the medical treatment you are seeking. It may be the less costly HMO plans do not cover these treatments unless you…
No worry @Mark. I appreciate your suggestion on I bond. With low interest rate and higher inflation, there are limited viable choices for income investors.
In one of the TRP interview with Sebastian Page who stated future allocation may need to ad…
Agree on how to pay for local infrastructure with some states being better than the others. Several water issues arise in the state of Michigan whether they are merely coincidence or not, but they all point to old piping not being updated. My home…
Many years ago I played with flight simulation software when they became available for PC. With joystick and pedals you can get a realistic experience of flying everything from propeller planes, jets, and helicopters. One get a real appreciation of …
@Mark, Thanks for the Jim Sloan's articles. We invested in FMSDX in our tax-deferred accounts several years ago. It appeared that I bonds cannot be purchased through brokerages and they can purchase only through TreasuryDirect site and the tax ref…
Volcker raised the federal funds rate, which had averaged 11.2% in 1979, to a peak of 20% in June 1981.
I remembered my parents were buying CDs that pay double digit dividends. The inflation was very high in the 70-80's. This year the 10-year trea…
When was the last time the rate hike is more than 25 bp (or 0.25%) since Alan Greenspan? It is more likely the rate hike will be gradual and sustain for several quarters unless inflation persists.
For sure it is a mess. Also there is a shortage of experienced truck drivers. So the cargoships and containers just sit at the docks. The consumers are so used to have everything readily available in the stores and not appreciate the complexity o…
The Russell 3000 Growth Index was up 84% cumulatively over the last two years through August (more than double the return of its Value counterpart).
Thank you. That is why I preferred actively managed growth over growth-index funds and ETF. I rea…
@lynnbolin2021, thank you for your articles. I too have been reducing risk and using more asset allocation funds including FMSDX. Just want to simply life. Your research helped considerably to narrow down the vast choices available.
Note that th…
Good for those who got their booster shot. Moderna booster was approved by FDA yesterday and J&J booster approval is coming soon. Testing on “mix and match” between the 3 vaccines in US is highly encouraging. FDA approval is sometime away.
…
Thanks for your detailed analysis on fund funds. This has been a challenging year for many bond funds. One that stands out is Pimco Income, PIMIX (multi sector bond fund) while my index bonds are down a bit. I too are looking for alternate bond fu…
That was 30 years ago from Hougton to Isle Royals National Park since we missed the ferry boat The entire flight was very scenic and landing on the inlet of Lake Superior was smooth. Up till that point I have not flew on small propeller planes.
Just flew recently for business and the traffic has returned. Experienced some delays due to cancellation. Passagers on the flights wore their masks at all time. The crew will get better as the air travel slowly returns to normal.
By the way, the …
Good for you. I consolidated tax-deferred accounts in the last several years. VGWAX is a solid fund to compliment PRWCX, a growth-oriented allocation fund.
@lynnbolin2021, Thank you for posting the Seeking Alpha article. I too invested in VGWAX since inception for the same reasons. This year the fund has making solid gain while my growth-oriented global funds lag.
I’m fully expecting the right wing-nuts will soon bring before the U.S. Supreme Court a “Shit Case” challenging whether government has the right to inspect our poop without consent. With the current makeup of the court, they just might prevail.
Euro…
the significance of females in positions of authority or power - perhaps more so in the field of finance.
I totally agree with that assessment. While I may not agree with some of her individual stock picks, her forward thinking of the landscape is…
Some data on treatment cost:
New drugs like molnupiravir require more testing and review, but they offer the possibility of a stronger, more targeted approach. A drug like molnupiravir could be especially useful because it is administered in the ear…
Since one has the choice to get vaccinated, this antiviral drug is only useful for the unvaccinated population. It is only 50% effective in preventing hospitalization assuming the patient takes the medication early when the symptoms appear. What i…
I too like the third strategy. A well balanced asset allocation would stabilize the emotional part during stressful situations during severe drawdowns. I actually several people who sold everything at the bottom in 2000's tech bubble and 2009.
Likely supply chain issue that inflates the pricing just like new cars.
CW’s funds are not doing well lately. Like to see another 10% decline before they become attractive.
I use similar approach to @observant1 on selling. An addition is ETFs and index equivalents, especially in large caps. As more actively ETFs are available, they are reasonable substitutes since they don’t have limit on holding period imposed by br…
@hank, nice summary on 2009 drawdown. As I recall, it was scary time and the pace of decline was severe. In many way, it was much worse than the 2000 tech bubble. In 2009 drawdown, there were few safe harbor except for high quality bonds and cash…
