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
@msf, I really appreciate that you took the time to explain the of James Anderson of Baillie Gifford. He has done well for VWIGX when the growth stocks were in favor, but several scenarios may unfold after his retirement. For now I will stay put un…
Interesting that Baillie Gifford also manages Harbor International Growth fund, HAIGX, with a different management team. None of the three managers used in Vanguard are used in Harbor fund. The top 10 holdings are also different and without the hi…
Count ourselves the lucky ones who received the vaccines. Now we have three FDA approved vaccines, the challenge is to deliver them to the 340 million American. Rather than letting each state to fight for their vaccines, Biden has enlisted FEMA to…
@bee, thank you for the timely posting of this interview. I have rotated my allocation to more value oriented funds and ETFs late last year. This interview explains the global recovery and investment opportunities you listed above.
@catch22, I had Moderna vaccine and had some soreness on my arm within the first 24 hours. No other effect you described. Now I am working in the garden feeling fine. All the precautions we have taken in the last 13 months have paid off. As a coun…
I read the book "Jungle" in high school and came to appreciate the meat packer's hard lives withouut unionized labor. Also think about the sweat shop oversea where they produce cheap clothing for the developed countries. Can't imagine if their worki…
This spilled over to Europe and Asia as well. Europe is facing slow vaccination and rising COVID cases. Paris is considering another lockdown. No overseas travel for us until next year even after our family is vaccinated.
This is a constant challenge for active management business. Having too much cash is a drag on performance and may result in lossing investors. Not having enough cash on hand may miss buying opportunities when bear market present themselves. Few ma…
Not really. I made the mistake to invest with them briefly and left. Most likely the AUM has became smaller as investors realized there is nothing unique with this fund.
@Old_Joe, I believe it was your posting on Heather that got me interested in the first place. Her writing are so informative on complex subjects. I too been a big fan of Bill Moyer on PBS. I believe he is retired now.
Several years ago it was @msf who brought the difference to my attention.
https://mutualfundobserver.com/discuss/discussion/comment/129057/#Comment_129057
It would be instructive to compare the two equivalent funds of the same year and see the % d…
@Crash and @BenWP,
I think we are thinking along the same line. In order to simply our lives, we have been consolidate the holdings in our tax-deferred accounts. Our 401(K) accounts have moved to a Vanguard target date funds and the returns have be…
@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 …
