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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
The inflation rate is critical in the calculation when future value or purchase power declines every year. For now the assumption is 2% annual inflation. Can you imagine it gets larger in the future? An amount of $1M is not likely to last 30 years…
Don't use IBKR here for investing. What are you seeking that you cannot get from Schwab/Fidelity in terms of platform reliability, fast response, customer support?
Higher expense ratio has not been a barrier for us and prefer those that able to consistently out-perform their benchmarks. We invested with Lewis Kaufman when he ran Thornburg Developed Mkt fund before joining Artisan. Definitely agree that diver…
Look like the large gain is limited to this year. The other years are so so versus its benchmark (click on the Expanded view).
performance.morningstar.com/fund/performance-return.action?t=WAGTX®ion=usa&culture=en-US
Concur. Recovery duration is the other half of criterion when consider MAXDD. I prefer those with shorter duration and VCORX is one example versus PIMIX, one month versus 6 months. Remember during 2008's MAXDD it took over 24 months to recover. Th…
@little5bee, You must having a blast (the travel experience) while taking all health precaution steps possible. Crowded places and events, especially indoor ones, are those we avoid. It is good that you are sticking to your safety protocols.
C…
Thanks for the excellent article @bee. Like several posters here I also use PRWCX and VWINX as my main balanced funds, and they performed well through March drawdown and bounced back in 6 months.
With respect to VMVFX, this global fund has underw…
Great advices posted here for those who are approaching retirement and in retirement. Maintaining good health is the key so one can enjoy doing all the activities they want during retirement. Another approach is to enjoy life (hiking, traveling or b…
@sma3,
Following the definition of maximum drawdown for this year, I come up with similar MAXDD value as you did for VCOBX: -6.8% versus -0.8% (MFO).
NAV = $21.48 on 3/6/20 - peak date
NAV = $20.02 on 3/19/20 - bottom date
The other differe…
The energy sector is taking a beating and down 40% YTD and the economy has recovered somewhat but far from the leve prior to the pandemic. The second wave of COVID cases as Dr. Fauci called it, has reached Europe and rising fast. Same is happening …
I too prefer unhedged international funds. Currency hedging reduces short term volatility that many investors likes. Over the long term the difference in return disappear.
For example, Tweedy Browne created a second non-hedged global bond fund…
An article from Barron to diversify international stocks when USD weaken,
Investors should check whether an international fund is hedged against currency fluctuations or not. The hedged funds can protect returns when the dollar strengthens but will…
I will pass. 2020 performance of Doublelune funds should tell you that he is no better than you and I when it comes to predict the future market, except he gets paid millions$.
A small allocation to Permanent Portfolio is probably ok for gold an…
Most excellent! The key is to keep the expense down during retirement. The wild card is medical expense. My wife and I will cross that point in the near future.
Had I rented instead of owned, my housing costs (average $1K / month over 35 years) would have been about $350K. So maybe...just maybe... "owning" (the bank owed the home most of the 35 years) my property was a break even proposition financially.
Th…
MFO also measures the recovery period in months within a full cycle. This cycle is short (7 months) but very sharp. I also noted the difference as well.
Perhaps @Charles can explain the differences.
it is important to note the dates when MaxDD data is obtained.
Don't know the start and ending dates for M*. it a single day or over a week or month? MFO Premium listed the MaxDD for Cycle 6 - starting 202001 (Jan 1, 2020) and ending 202008 (…
There are time and places for everything, including ETFs, index funds, active managed mutual funds, and others. Investors need to decide for themselves what work for them.
David Giroux is under 50's and there is no slowing down. In addition, T. Rowe Price tends to have deep bench behind each management team so to maintain performance when the manager moves on elsewhere.
The New Horizon fund, PRNHX, ran by Henry Elle…
So beware that the bonds in the fund are consisted of lower quality, i.e. junk bonds. In the longer term the risk-reward tilts in his favor. The drawdown in March 2020 was -13.7%. The fund recovered in 6 months and keeps on moving upward.
The incubation period is 7 days and this week the symptoms will show if they have been infected. Biden tested twice last week and both are negative. Wallace has showed symptoms and not been tested.
What we are seeing the numerous infections in t…
If that patterns hold, this implies that the recession will last for several more years. The COVID infection will complicate the business cycle and its recovery if the cornavirsus is brought under control quickly.
The record and distribution dates and the $ amount per share are announced on the fund company's website. Year-end distrtribution are even larger when capital gains, short- and long-term, are included. My fixed income funds have modest dividend di…
Thank you very much.
I have invested with Harbor funds for long time. I agree that the commentary from the subadvisor/manager is "light" even in annual reports. Andrew Foster of Seafarer funds and David Giroux of T. Rowe Price are exemplary on …
Joe Biden and Chris Wallace were not wearing masks during the debate so they will be tested. Question is is the 20' distance between the two candidates enough to avoid the airborne virus particles?
Biden's team wore masks while Trump's team d…
We have transferred our TRP retirement accounts to two separate brokerages. It was pretty straightforward after filling out the paperwork online. We transferred our TRP funds were in-kind to the new brokerages since they were all closed funds. Fide…
