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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
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…
There is a lot more information in Buffett's interview with respect to bonds in general.
“Bonds are not the place to be these days,” Buffett said. “Fixed-income investors worldwide – whether pension funds, insurance companies or retirees – face a …
@bee and @hank, thank you for the articles.
If inflation remain less than the 2% target, what is the value of holding gold as a hedge against inflation?
JohnGaltill said: In the past, many market pundits predicted 8% - 10% gains for a specific year but market returns rarely fall with this range. If all ships will be lifted, where will customers moor their yachts?
8-10% annual return seems overly opt…
Looks like the sell-off has started with rising bond yield that put pressure on stocks. Tomorrow futures are trending downward too. Otherwise it is all RED and is not even Christmas!
Last time we traveled in Europe WiFi are readily available even is small towns. That is being paid from their large income tax. Asia is catching up. Reliable broadband and cell connection are not cheap.
Bill Gates, hands down. Elon Musk recent behavior is strange, and his bet in bitcoin is even stranger. He should stick to building reasonable priced EV for the mass market. Only thing Musk said made sense is that he is an engineer and NOT an invest…
VZ is a new purchase for Bereshire Hawathway after they trimmed Apple stock. Apple is still their largest holding, but the timing is right on. Sell high (Apple) and buy low (VZ).
Charlie Munger turned 92 this year and he has not slow down a bit. I like his comments which are direct and to the point. If they missed their calls on stocks he is first to admit them and moves on.
Having a large cash allows him to be tactical when opportunities present themselves. He talked about the stressful time in March when the team vetted through new companies in shorter timeframe and to build positions quickly. When one can buy compa…
I believe the full portfolio holding is disclosed on their semi-annual and annual reports. Mutual fund companies try to share just enough information as required by laws but not enough so to reduce the risk of being "front run" by their competitors.…
The young men who committed suicide cannot get a return call. These shops have hardly any customer support let alone having call centers. Slow response and long wait time are mild comparing to these shops.
Same here - really enjoy reading his report. His stock picking in utility sector way exceeded utility funds and ETFs. My Vanguard utility fund was flat for 2020 even though it provided a healthy yield. Ventured out to floating rate and short term …
Vanguard released the 1099 last week, almost a week ahead! Fidelity had theirs several weeks earlier and the paper copy just arrived yesterday. So relax tax season always keep the brokerages very busy. I like to downloaded the electronic ones as …
Gold has been treading downward since It peaked over $2,000 an ounce in August last year. Probably still worthwhile to hold small % now that recovery is in sight.
The HEPA filter used on airplane is not really sufficient to remove airborne particles in an airplane. It only take someone within 6’ distance to transmit these particles. We have been using dust musk and have not gotten sick for the last 20 years!…
Reuter's article above glossed over the demographic of Israel. The Palestinians are not vaccinated at the same rate as the rest of Jewish population in Israel. Russian-made vaccine has arrived.
https://bbc.com/news/55800921
We have had great experience with TurboTax for many years. The deluxe version in CD costs $40 at Amazon. Download version costs the same at Costco and other retailers.
@Old_Joe, @bee's recent posting from T. Rowe Price described what the recovery would be like as the article you posted. TRP goes into details where to invest next and lots of discussion on the proper asset allocation going forward.
The pent up demand from the consumer side is understandable. The time frame of running to prior to March 2020 is within sight with multiple COVID vaccines being available - 4 total. Perhaps this will happens later this year. Also inflation will in…
@bee, thank you for posting of the 2nd Sebastien Page interview. Very informative on the 2021 investment situation and beyond. Bank loan funds or floating rate funds are an attractive asset class in bonds.
Thanks @hank,
I can read it using Safari's Private Window (this somewhat works less than 50%). Otherwise I search for the title when it is posted elsewhere.
The comments below the article reveals various investor views. I tend to agree with th…
Rep. Alexandria Ocasio-Cortez (NY) managed to raise funds to help the Texans,
“Charity isn’t always a replacement for good governance, but we won’t turn away from helping people in need when things hit the fan,” Ocasio-Cortez tweeted.
The funds rai…
Mr. Cruz was being a "good dad".
He only flew back only after he was caught of leaving town. He should be working with the governor to get the power plants running while getting federal assistance. That is his duty as a senator. He is positionin…
Governor Abbot requested help from President Biden, who sent generators and most important of all, FEMA.
https://axios.com/texas-power-outages-generators-biden-diesel-9f90d47f-327f-4d53-8cd6-9a74a2a06ec3.html
In the meantime, many Texans suffer w…
Gold peaked at $1,900 per ounce in September and now at below $1,800. Inflation is at 2%, so gold holds little value as a hedge. Buffet is a master in his trading.
Many brokerages are running slow due to the tax season. One would think they would beef up the bandwidth capability especially in the pandemic when the offices are closed. You may try again after business hours. Using the brokerage's app on cell p…
I read that too, but Apple remains the largest holding in Berkshire Hathaway.
Look like he is taking profit from Apple and rotating into other value stocks. Trimming long held positions in Wells Fargo and JP Morgan indicates he is more flexible …
