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
Are CNBC articles worthwhile to read or just for entertainment ? In last WealthTrack interview, David Rosenberg said to buy long term treasury. Glad his is not my advisor.
But automatic investing is available at Fidelity, $5/transaction, and you can stop after one transaction. One could purchase OSTIX at Vanguard ($20) or Merrill Edge ($19.95), transfer it in kind to Fidelity (no transfer fee), and continue investing…
The top 10 holdings of Wellington has changed from value oriented to more like a blended. It now holds more growth names like Google, Facebook, Amazon, and Apple other than the traditional value stocks. This change was noted in one of @msf posting…
These funds will be managed by Vanguard's bond team.
Investment Advisor
The Vanguard Group, Inc. (Vanguard)
Portfolio Managers
Michael Chang, CFA, Portfolio Manager at Vanguard. He has co-managed the Fund since its inception in 2021.
Arvind Narayan…
A number of Matthew funds are even more focus on China than Seafarer and thus they have larger loss in recent weeks.
Older webcasts on Seafarer website are worthwhile to review for better understanding on the changes over the past decade.
The e…
@Mark, For the better or worse, the Chinese stocks have evolved since they started listing outside of China stock exchanges. Andrew Foster of Seafarer funds has written extensively on this topic. As such I use Seafarer in order to gain exposure i…
Interesting comment from GP.
We’ve been gradually reducing our US-listed Chinese names for some time now. We’ve done it largely because of the rhetoric from the US side, but now it looks like the stronger message is coming from China. As of now, …
It is mind boggling to see how the Chinese government interferes with the day-to-day operation of these companies. Having themselves listed in overseas stock exchanges have little or no value to the investors. Andrew Fosters of Seafarer funds disc…
It is amazing that these FAANG stocks have been dominating the broader US stock index for the last 10 years. Few mutual funds managed to be competitive without holding one or more of the FAANG stocks. They are not consider bad but only from the sak…
Risk seems harder to narrow down but I have always found Maximum DD and Ulcer Index understandable and helpful.
How well a fund do and recover relative to its benchmark during downturn is important. Those funds recover in shorter duration tend to…
Looking what is under the hood would be helpful when evaluating mutual funds. Also the annual reports provide additional information on portfolio composition and the benchmark(s) used for that particular fund.
As @dtconroe stated, OSTIX has alwa…
Concur with @dtconroe.
Men got to know his limitations.
— Quote from Clint Eastwood in Dirty Harry
I would trust the experience from reputable brokerages such as T. Rowe Price et al than that of a single investor regardless of his or her profess…
It was mentioned in one of their annual report, but there was not enough detail. Like to stick close to the original source for accuracy.
Any of these strategies are not cheap. So it must derive some form of value to the fund.
I like RPGAX too. I believe the Blackstone investment serves as a hedge against black swan events as in March 2020. Other than cash all asset classes fell in that time period. A few rebounded quickly and the others followed after the Fed intervened…
Thanks Charles. Great comparison.
RPGAX invests 10% in hedge fund while VGWAX has none. This is also reflected in the lower ER with VGWAX, 0.34% (Admiral shares) vs. 0.95%.
The equity portion of RPGAX invested in both value and growth stocks or …
Challenge today is that the social media (Facebook and Twitter) help to spread of disinformation. Even those who are undecided would hesitate to get vaccinated. We saw that how social media heavily influenced the presidential election and the margi…
Think I am heading to my bunker which is well stocked with beers, wine and tiolet paper. More seriously, several good fund managers i used did very well through this year's ups and downs (and last year). Very impressed with PRWCX and VWINX. Being p…
There is nothing wrong to rebalance a bit after a run up like we had this year. Stocks are fully priced and bonds are not doing so great either. Having some cash is always good if we have a pullback in the second half of this year.
For now I a…
@bee, thank you. Should included the ticker symbols in my discussion.
Thanks for remindering VMVFX. I left the fund when the original manager left and the portfolio underwent considerable changes that did not make sense. Moved the asset to a gr…
I remember we had that discussion several years ago. Since this fund focuses on large cap value stocks, I pair this fund with Vanguard International Growth (a large cap growth) and Grandeur Peaks Int’l Stalwart (small int’l growth). Few overlaps be…
Each brokerages have different fee structures. The Transaction fee funds on Fidelity's FundsNetworks costs $49.95 to buy, but none for selling.
https://fidelity.com/mutual-funds/all-mutual-funds/fees
If you already using Vanguard brokerage, ther…
We have turned into a disposal society instead of repair and reuse broken items. Many of us are not skillful enough to do these repairs. Don't forget electronic devices are considerably more complex and often the repair requires sending them back t…
@Derf,
The data Charles posted is only 6 months long from 2021, Jan to 2021, June. MFO risk ranking reflected the fund has not done well in 2021 as the rotation of growth stocks to the value funds (large and small stock funds) started in late 2020…
Thanks. TRP has been quite good with their assessment. Bank loans and valuation plays (large and small caps) have done well this year.
Leisure sector, maybe? Delta and other more infectious variants are increasing, especially in low vaccinate…
It all depends on how long you think the next bear market will last. You need to have enough cash to avoid selling stocks at the bottom to live on.
Good point. Having enough cash would lessen the pain throughout the drawdown. Today environment with…
Normally investing at least 80% of the fund’s assets in securities included in the Fidelity Clean Energy Index℠ and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index℠ is designed to reflect the pe…
Even with the best scenario you posted above with Apple, you can do so much. But the ability to get founding shares with cost base that costs penny would make a much bigger impact. The difference between million and billion is 1,000 times.
