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
VLAAX has been proposed as a viable alternate to PRWCX. The asset base was quite large by the time it close. Another active managed growth-oriented balanced fund with small asset may have a better chance to do equally if not better.
Our investment certainly cross-path multiple times. MAPIX is a solid conservative Asia fund. There was one year that MAPIX did not pay a year-end dividend. The explanation was not satisfactory in their annual report. I reduced my holding on MAPIX…
Many business including ours have gone virtual in our meetings in order to minimize the health hazards while running the business. Besides US is restricted to travel to many country since US has the highest infection cases in the world! I think Gr…
@Crash, you are teasing us with PRIDX. Wish I invest in it earlier before it closed. The fund's 18% EM exposure is a decent allocation in the small and mid cap space. Asia is where the growth will be, not so much in eastern Europe and Latin Ameri…
You are right. Senator Warnock has not been swore in yet. Don't know how much personal protection he has until then. This remind all of us on the assassination history of Martin Luther King and President Kennedy and their respective political atm…
This is only the beginning of a long slide downhill. I am particularly concern about the safety of Joe Biden and Karmala Harris on January 20th.
Joe Biden also recalling the Secret Service details who protected him when he was vice president (th…
That is a good one - moral compass! Trump never has one as his niece, Mary pointed out in her book. The only things he worships is money and power.
Pence does not want to invoked 25th amendment. Article of impeachment takes time for voting. B…
LewisBraham got this right. The investment outlook including renewable energy and infractstruture sector are very different now. If and when the vaccines are sucessfully delivered to the general population, this will help to bring the economy and e…
What trouble me is that the coup attempt at DC did not ended on Wednesday. This continues in the capitals of several major cities. Words matters when it comes to spread the lies and call for violent. The article below mentioned 11 states, not inc…
This year the market has broaden out to the smaller caps and value stocks. Yacktman fund out-performed value index last year by holding high quality value stocks. I anticipate it will continue to do well going forward. I have several small-mid cap…
Thank you @David_Snowball, I also have invested with Teresa Kong since the fund inception. Consistency is the hallmark of the fund as you noted in the statistic. Still like Matthews funds for investing in Asia despite recent manager changes.
So are you saying that if they had been successful in taking the vice president and members of the house and senate as hostages that the market wouldn't have reacted? I'll take two of whatever it is you're having.
Sound like the movie "White House D…
It was disturbing to see Romney got harassed at Salt Lake City airport on Monday/Tuesday. He stayed cool and tried to answer her question. The GOP has created their own monster by enabling him in the last 4 years. This country is a democratic repu…
@catch22, things happen. I have no issue if you leaving it. I myself run into this too from time to time.
By the way, I heard several capitals across the country are having protests. There were bomb threat in Lansing capital. Think people oug…
This is the time to review your holdings and asset allocation. Not saying we will get another large drawdown as last year, but something to prepare for when and if that happens again.
With the two runoff wins in GA, Biden will now have both the house and senate on his side. His agenda will get thorough easier. Just today other sectors and small caps advance while the technology fell. Once the vaccine rollout quickly to vaccina…
Prior to January 6th there were lots of chatter in social media and calls for something beside peaceful demonstration. I am surprising that the law enforcement agencies, DC police and FBI did not anticipate the size of protestors and be better prep…
This is part of the trade war with China as the administration coming to an end.
It is one thing if the objection is due to these companies not following US account practices and auditing. The stock exchange is the one who should be enforcing th…
Here is the list of companies affected.
https://treasury.gov/ofac/downloads/ccmc/ns-ccmc_list.pdf
Today, the administration is thinking to include Alibaba and Tencent.
https://reuters.com/article/us-usa-china-alibaba/trump-administration-mulls-a…
Totally concur with the 25th amendment.
Frank Bowman, a professor of constitutional law at the University of Missouri, said Trump “arguably fomented sedition,” or an attempted overthrowing of the U.S. government.
But Bowman said Trump could also b…
Having cash/short term bonds help in days like March last year. Today's pullback is a reflection of COVID situation that is likely to worsen as people gather too much. The Georgia race is part of that too. Think the situation will improve on Jan …
Some people are requesting their $2,000 stimulus checks from Mitch McConnell's Venmo account.
Citizens took to Twitter to document their attempts as well as to encourage others to do the same. One, claiming McConnell has a Venmo account tied to hi…
High expense ratios pose a sizable hurdle to overcome in the fund's performance. Also VAESX carries a 5% front load. The institutional share is no-load but it requires $100k at Fidelity.
May want to consider international small cap funds which …
I wonder how the increased trade barriers will impact U.K.and Europe stocks. At present there is not much details available. Any insight would be welcome from the board.
Isn't that attempt boarderline on treason to overturn state certified votes?
That is the goal of Putin to undermine the Western country's democracy and their election process. Wildspread disinformation in social media and Fox help to spread thes…
TMSRX has a drawdown -6.5% in March. Otherwise it has been quite good and managed to out-perform bond index. Let's hope it continue to do well in 2021.
If you don't mind the high ER, River Park Long/short fund is up over 50% this year with ER at…
The other noteworthy AQR fund is Diversified Arbitrage (market neutral), ADANX, but the expense ratio keeps on rising; now at 2.32%. The rest of AQR funds are getting expensive to own. This fund, however, is leading two competitive funds in the sa…
This is why Warren Buffet recommends S&P 500 index fund for many investors. The compounding return year after year helps to build wealth.
My kid's 529 college funds invested in Total Market Index, Total Int'l Market Index, Total bond index a…
The Russians are at it again. You would think after all these time the government would have hardened their networks so to prevent any external intrusion.
In normal time REITs pay a healthy dividend plus stock appreciation. Through this year's pandemic, the drawdown of the REIT index was 35% in March as shopping malls and hotels were affected badly. The index is still in red but likely to recover aft…
You are so lucky. I was late to invest before it closed. Now I am using a Grandeur Peaks fund with a higher ER. TRP has many great funds with reasonable fees.
That is how these money managers own many yachts. M* sticked with Bruce B. for many years up till 2008. The flip side is to own index funds instead or pay diligent on active managed funds.
Found more information on Ben Griffins at M* (including mis-spelling on his name)
Ben Griffins
03/01/2020 —
Ben Griffins is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd and an investment analyst in the Equity R…
