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
Agree with @davidmoran. The recovery is uneven so far. Airline industry is in trouble with continuing weak demand in August. United and American airlines asked for more $T$ bailout to slow down the layoff as the previous $ ran out.
United Airli…
I am fine as it is. I check on the Commentary in the beginning of the month. Often o would be reading the articles the second time by the time monthly commentary is announced.
Exactly. One would think the investment committee would have a more elaborated approach to hedge against multiple market scenarios. Precious metals should be in their playbook long ago. Think they are late.
According to Goldman Sach, 3% of MFs is managed by women.
Teresa Kong has done a fine job managing their emerging market bond fund. So is Karina Funk Of Brown Advisory Sustainable Growth fund.
Any other outstanding funds managed by women ?
Very interesting. The flying car's propulsion is similar to commercial drones using 4 vertical propellers. It should be quite manunerable but at the expense of being aerodynamic. This vehicle needs to be gasoline powered based on the power-to-weig…
Vanguard INTERNATIONAL Growth Fund. How are Tesla and Amazon considered international equities?
Often the prospectus would allow minor percentages of holding from US as long as most of the revenue is derived from overseas. It happens that they pick…
This year is tough for many fine funds which are not growth-oriented. This pandemic induced recession favor some sectors more than others. Hopefully it will broaden out.
Leon Cooperman is a 70+ years old hedge fund manager. Lately he has appearing in CNBC and Bloomberg. Interesting quotes from him.
https://markets.businessinsider.com/news/stocks/billionaire-investor-leon-cooperman-12-best-quotes-2020-6-1029330190#
Depending on your risk tolerance, here are a few choices:
For low fee and consistent performance, Vanguard International Growth fund, VHIGX, is a good choice. The Admiral share has even lower fee. VHIGX has 22% emerging market 14% US exposure whi…
That was my point of having too many cooks in a kitchen. Unless they work well together, they tend to dilute the strategy as well as the fund's performance. If the asset gets too large, closing the fund would make more sense.
PRIMECAP as the sub…
As a frequent airline customer, my business travel has stopped since late February and will not resume until early next year. Given how work still get done mostly remotely, future travel frequency will be reduce. Besides these airelines will not l…
Thanks. I remember others on this board (perhaps it was you) mentioned that in the past. At present I am trying to consolidate my funds for ease of tracking.
@Mark, Thank you for the info. $100K is doable if one consolidates several funds into one. Many institutional shares require $1M. At Vanguard, one can buy Pimco institutional shares for $25K while it requires $1M at Fidelity.
Buckets or sleeves approach also work as it allow allocation flexibility to meet both short and long term needs. One can add some exposure to precious metals/miners and alternative strategies. David Snowball presented a T. Rowe Price fund in a rece…
Thank you. I believe there is an institutional shares but it may requires $1M minimum. I too like to consolidate my funds to a handful for ease of tracking.
There is no capital gain issue if you use it in tax deferred account. Tax efficiency is…
@rforno, I too notice the change in the top holdings of VMVFX since the management change in 2019 - Alibaba is not low volatility stock. Sold part of it last year and will unwind the rest as the market climbs. What are the unique advantages of PRB…
George Conway is one of the few conservatives who speak up. For now, the Conway's family is having issue on multiple fronts; Kellyanne is leaving WH and George is leaving the Lincoln Project.
https://washingtonpost.com/politics/kellyanne-conway-w…
For domestic stock funds: David Giroux of PRWCX. Don't have one for international funds due to lack of consistency.
BTW, CalPERS has not been effective in managing their retirement fund for a number of years comparing to David Swanson of Yale Un…
There is still commission for trading stocks at Fidelity while Vanguard is free once the total asset reaches the Flagship level. We are not frequent traders so this is a mute point.
Still, at least one perk remains for customers at these levels: …
You are correct. It depends on how one want to manage their portfolio across multiple brokerages. Thus I proposed two routes for @soaring. I maintain both brokerages and try to make the most out of them. Fidelity offers free trading on many ETFs,…
Bummer! You have several choices:
1. If you wish to stay with Fidelity, you need to find another substitute global balanced fund.
2. If you are willing to open a brokerage at Vanguard, then you can buy all the Vanguard funds plus other on thei…
@hank and @WABAC, Mackinac Island is breezy but beautiful. Lots of history. We enjoyed the fudges while biking around the Island.
@littlebee, when we camped on Picture Rock National Shoreline, we saw the northern light since there is very little …
Heat is something my body don't handle well. So I stay indoor and fully hydrated during the day when I visit that part of the country. It will get easier once you work out a routine for the high temperatures. Don't forget sunglass and a heat. You w…
Not all funds open for purchase at Fidelity are eligible for automatic investment. For any fund, this eligibility is subject to change, just as a fund being offered NTF is subject to change.
That is for sure. i understand the fee to be on Fidelity …
No, we live in Portland, OR and it is much wetter than the eastern half of the state. Columbia Gorge helps to bring in the marine climate. Above the mountain range where the eastern Oregon resides, it is more like a high desert climate. Along the …
