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
In addition to TBSRX, small cap value, value, international value, energy, high yield and bank loan funds are in black. It is almost the opposite from last year.
@crash, don't quite understand why you are not drawing down from bonds but from the bucket designed for growth (PRWCX). Rising yield in treasury has settled back downward this week. Will see if this holds for the next few weeks?
@AZRph, I thin…
I hear you loud and clear when many things flipped upside down this year. The market get complicated when the Fed and central banks got involve buying asset just to prop up the market.
How do you managed on the bond portion of the equation as a r…
M* is off. Besides Apple being the largest holding, BRK have lots of financial, consumer staple and transportation stocks which are value stocks. Perhaps a better fit would be a modest growth stock.
There isn't many bond options in order to have respectable yields. I shy away from safe short term treasuries with near zero yield. Short term A rated or corporate bonds may offer the best balance of credit (decent yield) and duration risk. Bank lo…
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.
