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.
Support MFO
Donate through PayPal
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
@hank, please be careful in our travel, especially by air. One of our neighbor caught COVID in his travel to the east coast. Even though he recovered from the ICU, his lung capacity has greatly reduced similar to the long haulers. Last year our f…
Until 70-80% of the population is vaccinated in order to achieve herd immunity, there are still infection risk. For our family it will be some time next year and not this year when we will return to our normal travel.
Even with the loss of over 500,000 lives from the pandemic, some jobs are eliminated permanently. Small service type such as restaurants are closed for good while the larger chains may survive by cutting back on the work force.
@BenWP,
I also invested in ARTYX several years ago since i have previously invested with Mr. Kaufman when he managed Thornburg Developing World. The tech-heavy portion of the fund was impacted by the rising bond yield. Tech tend to do well in low…
Thank you for the update. Reviewed the 3-alarm and great owls funds this year versus 2020. Quite a change as the style rotation took place. Will report back after further analysis.
@BenWP, interesting observation on EM. For now I stay put and watch the treasury yield as it is settling down this week. Read earlier that 10 years treasury will reach much higher than 1.5% by year end if inflation is rising. Nevertheless I am just …
DCA over say 3-6 months is a good way to ensure paying a reasonable price. This is common practice for fund managers to "build" a position. A year or two from now this may be mute point.
The internet age has enabled information more readily available to average investors. This change is inevitable. LG's expertise on mutual fund business, asset allocation and NLFA newsletter were excellent as pointed out by @sma3. I still received …
It is good to hold both when the bond yield settles down. Ability to move early enough on value stock allow one to capture the most gain. The year the growth and value stocks move in opposite direction.
Leisure, hotel and airline stocks will lik…
Rotation to value and smaller cap funds started late last year. Economic sensitive sectors including financial, health care, energy are advancing nicely while tech stocks are now trailing.
Yes! Big tech is the problem with this country. Once we do WHAT?????, everything will be peachy again.
it appears that Cathie is getting her arse handed to her.
You guys are funny. The inflow and outflow of ARK products is mind boggling. I am not …
@hank, I never quite understand gold as an investment so I limited our holding to a small %. We sold our entire position in fall last year as gold price peaked in late August. BTW, PRPFX is doing a great job this year even though it holds a sizabl…
I see little value of holding gold in this environment. Perhaps gold miners maybe use for trading purpose. I share the opinion with Warren Buffet on gold.
That is why it is crucial to get US vaccinated quickly so to slowdown the spread of these infectious variants. Less than 50M American has been vaccinated (15% of 340 M population). Also having FEMA involved will speed up the logistics in order of …
In addition to TBSRX, small cap value, value, international value, energy, high yield and bank loan funds are in black. It is almost the opposite from last year.
@crash, don't quite understand why you are not drawing down from bonds but from the bucket designed for growth (PRWCX). Rising yield in treasury has settled back downward this week. Will see if this holds for the next few weeks?
@AZRph, I thin…
I hear you loud and clear when many things flipped upside down this year. The market get complicated when the Fed and central banks got involve buying asset just to prop up the market.
How do you managed on the bond portion of the equation as a r…
M* is off. Besides Apple being the largest holding, BRK have lots of financial, consumer staple and transportation stocks which are value stocks. Perhaps a better fit would be a modest growth stock.
There isn't many bond options in order to have respectable yields. I shy away from safe short term treasuries with near zero yield. Short term A rated or corporate bonds may offer the best balance of credit (decent yield) and duration risk. Bank lo…
Jonathan Krinsky used to work at MKM Partners. Here is article he wrote in Seeking Alpha back in 2016.
https://seekingalpha.com/article/3859006-krinsky-on-stock-market-primary-trend-shifted-to-downside
@WABAC, you may want to review River Park Short Term High Yield, RPHYX. David has provided a detail analysis of the fund.
https://mutualfundobserver.com/2017/05/riverpark-short-term-high-yield-fund-rphyxrphix/
YTD return is +0.3% while vast majo…
- “Tourists have been fueling the growth in attendance at cultural institutions. Tourists now comprise 73 percent of visitors to the Museum of Modern Art, 70 percent of visitors to the Whitney Museum of American Art, and 60 percent of the Metropoli…
