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
Thank you. Thiel has access to special stocks and likely insider information that are no available to the public. Compounding on the large annual gain is what provided the $5 billions Roth IRA account. It is likely he combined the annual Roth cont…
It is understood that investing overseas has its inherent geopolitical risk. Given the worsening political climate between China and US since the Trump administration, we have reduced our exposure especially to China substantially after profited nic…
The postmaster, Louis DeJoy, should get all the credit to ensure these postworkers are earning their pay and getting the Postal Service back to be profitable. Really nice guy. USPS traditionally do not deliver packages on Sunday, especially July 4…
Great point. The FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google (Alphabet)) have dominated the broader US index for the past 10 years while the value stocks trailed by sizable margin until late 2020.
As @hank suggested above, it woul…
Quote from professor Richardson,
June 29, 2021
Heather Cox Richardson
Jun 30
Last week, Florida governor Ron DeSantis became the latest Republican governor to sign a bill making it harder for citizens to shift away from the fossil fuels that are c…
Thank you for the reminder. This would be great for those who can delay collecting SS at 70 if their health condition allows. Also RMD has pushed to 72 from 70 1/2.
We had similar experience with Fidelity as @Tarwheel on rollover transfer. I discussed how I was going to transfer with a Fidelity representative ahead of time. Sold all proprietary funds and other NOT on Fidelity NTF platform and let the rest tran…
Several considerations you may consider in order to avoid 60 days holding period.
1. Find a different fund that is equivalent to the TRP fund. Fidelity lists a number of similar funds including their own funds.
2. Use ETFs since the trading …
Many buildings close to the ocean are very susceptible to the rising sea level and weak underlying ground material. In Florida porous limestone and ancient corals are commonly found where these tall structures are built on. Underground parking str…
In every states I have live in, you get a reminder by mail to the correct polling place. During voting at polling place a driver license is presented for verification. When we switched to mail in ballot, that make voting even more straight forward a…
We’ve had our accounts with TRP for more than 25 years. We decided to move everything to Fidelity for simplicity and because their customer service is much better. Every time I call TRP I get put on lengthy holds. I like their funds but I can still …
I'd require vaccination passport to vote. No shot - no vote.
Voting card is not required on the west coast states. Talking about voting suppression. Florida’s governor is requiring college students and teacher to register their political views. …
Agree. Plan sponsors have fiduciary duty to the plan participants including investment choices they oversee. CALPER is projected to face a shortfall in paying out the teachers. Ironically they would do fine if they would just stick with the plain va…
Not to mention, with few exceptions, I have little faith in the competence of state pension investment boards. Hell, many of them are enamored w/the proprietary nature of PE and still projecting 7-8 percent annual growth thesre days.
Other than Davi…
From what I understand is that the added heme protein provides the desirable taste as meat imitation. Animal blood from slaughter house are not waste by-product. Instead they are used in many process food including pet food. Blood sausage is widel…
Not sure if lab-grown plant protein is less energy intensive than growing soybean in the field. Beyond Meat is made from various plant protein plus iron-containing protein, i.e. blood extract. The blood extract is what make these burger taste like…
IRA to IRA transfer between brokerages is straight forward. Proprietary funds commonly used in 401(k) pose a different set of challenges. The other option is leave the $ there but that is not the question being posted here.
In the long run, timi…
You are in the same situation we were a number years ago. We were mostly lucky that the market stayed most flat during the transfer process. We had to reinvest quickly to maintain the same % allocation. It is your call when to make the rollover. …
Had that surprise experience in the past. Fidelity only allows Fidelity funds to transfer-in-kind in rollover transfer. The rest of non-Fidelity funds are sold and transfer as cash. Fidelity was our 401(k) administrator and we were not please.
…
MFO Premium has a wealth of data to evaluate many fund candidates within the same asset class. Thanks to @Charles, it is the most comprehensive database I have come across.
I regret not calling my father on every Fathers Day after I left home for college. He passed away awhile back and these days we light a candle on every Fathers Day for him. My wife set an example for our family and calls her father even though the…
Taking a page from David Giruox of T. Rowe Price interview.
Fidelity Floating Rate bond fund, FFRHX
T. Rowe Price Floating Rate fund, PRFRX
PRWCX itself invests some amount of bank loans too. Beware bank loans are considered junk bonds. They h…
Have not travel to the east coast over a year now for the same reason you stated above. Recently we drove to San Francisco on Hwy 1 - very scenic and SF is very well behaved. Think we will wait till next year when the vaccination and the COVID varia…
ZROZ is down over 9% YTD. I think that in addition to saving and investing, he needs to add speculating to his vocabulary. I usually see 30 year bonds described as speculative because their incremental return over 10 year bonds is not worth the addi…
Often we spent 3-4 hours in Powell and leave with many books. Much prefer Powell than Amazon for books. The ability to scan few pages of the book is much better than reading the review on Amazon. The faked review on Amazon products are really disap…
I understand that neither DFA nor Adventis ETFs are index based funds. Some elements of factor based are used, and thus they are considered actively managed. Just want to learn more information on their strategies.
