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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
Perhaps an insightful article from Barrons would be more informative. Joyce Chang is the Chair of Global Research at JP Morgan. Her comments on the impact of COVID pandemic are well articulated. Also some suggestion on investment opportunities at …
Hope everything is okay. Good idea to get an earthquake app on your phone. It provides detail information (with 2-3 minutes delay) on the earthquake's epicenter and their magnitudes. Generally there are numerous aftershocks that follow that can la…
The market is dying for more stimulus packages. Without the Fed's QEs and large asset buying, the US market situation would have been very different than today.
Perhaps the more pertinent question should be - does the demand for goods and service…
I like the global balanced fund idea too.
Vanguard offers two global balanced funds - Global Wellington, VGWLX, and Global Wellesley, VGWIX. Both funds started in 2017 and they are managed by the well respected sub-advisor, Wellington.
Expense ra…
$2,000 seems to be a significant resistance point for gold. At some point it blows through and continues to the moon. I’d love to reopen a small position (miners) on a significant pullback in the next few weeks.
Well gold blow by $2,000 early this w…
Some bars and restaurants are behaving bad - the places are packed with people without face covering just like what LA article described. Sport bars are even worse with fans screaming. Can you imagine the aerosol particles in these environments? …
One would think a team approach at D&C would help to balance out their strategy. Especially with large AUM it is critical to move the right moves as required in actively managed funds. The other choice is to close the fund, but this would limi…
Flight traffic is down considerably during this pandemic. Wearing face masks is required now. Some airlines leave the middle row empty while many don't and managed to get full flight. Knowing the cabinet air is 90% recirculated it is risky to fly…
Will see how Mr. Barrett fares now that he tested COVID positive.
Brazil's Bolsonaro has found molds in his lungs after tested positive COVID. His wife also tested positive. They are treated with antibiotics.
https://cnn.com/2020/07/31/ameri…
Thank you. Back in the 1900 I invested with Hakan Castegren of Harbor International fund until his passing. The rest of the Northern Cross team did not live up to Hakan Castegren and I left several years later. Marathon is fair and nothing outsta…
Questions:
1. Even if Kodak has the infrastructure to manufacture chemicals for films, is it equivalent to manufacture pharmaceutical-grade ingredients? This is a complex matter and the patient as end users can die. Even China and India experienc…
Air travel is one of the major consumption of oil which has declined significantly during this pandemic. Fewer vacation travelers today and business found online routes via Zoom, WebEx, and Teams to be functional to reduce their travel. We have no…
Thank you all. There is considerable information to digest and ponder. Yet, school starts in mid-August. Majority of university has gone on-line teaching until a better way to ensure health safety for students and teachers. Only a handful privat…
What gets me is that the senate is dragging their feet as the Saturday, July 25 th approaches. Starting August 8tht, the Senate go to a recess until September 7th. I feel sorry for those who really depend on this unemployment $.
Good idea to revisit the radio again like the good old days. NBA is trying to savage the remaining 2020 season while playing in "bubble" in Florida. There is no fans in this empty stadium. The owners likely to loss $ but a number of players have b…
Dr. Fauci gets his own basecard made.https://www.latimes.com/sports/story/2020-07-24/dr-anthony-fauci-first-pitch-baseball-card
However, his action is bringing threats to his family. Quote from article below:Fauci said the amount of hate mail and s…
@rono, Thank you. We have some exposure to gold and silver bullion through IAU and PRPFX. As bond yield drop so much we increased allocation to precious metal several years ago. Just wasn't how how much is sufficient for downside protection. Don…
Above all Dr. Fauci is a medical doctor and a scientist. He is the leading expert in infectious diseases while leading NIH for the past 40 years! When he speaks, I listen since he knows a lot more about this carvonavirus than I. As the country wi…
Thank you. Great stuff.
Vaccines will come late this year or early next week as good progress is advancing. Question after that is how to distribute millions of dosage to the general population.
Pricing has not be determined yet and this vaccine is not considered experimental, thus the insurance companies should cover the entire cost. If it is taken at the pharmacy instead in doctor's office, there is no co-pay to the doctor. The bigger q…
@BenWP, we use TurboTax too. Now Intuit gotten greedy that a standalone Quicken is no longer available, only the subscription-based packages. Also we now use a 64-bit Mac OS computer that pretty much force us into the subscription version of Quick…
Yes consider yourself very lucky. Half way through my career the private sectors were either trimming then eliminating the pension plan. So only define contribution plan is left.
For those who work for federal and state, they still have their pe…
I will be first in line for the vaccines when it is available. Saw two test participants on CNN who took different dosages of Modera's vaccine. The one who had the highest dosage experienced a high temp for 24 hours then he was fine. The one who too…
Thanks for sharing your approach. I use a modified bucket approach similar to one Charles Bolin posted.
As my Mac migrated to Catalina, a 64 bit OS, my older Quicken no longer work. Need to figure out how to get 32-bit data transfer over. Al…
Sadly, six months later US is leading the world in COVID death, 138,027.
https://coronavirus.jhu.edu/map.html
We are on track to get 200,000 death by end of summer. Florida just had 15,000 cases last Sunday. Miami hospitals just hit 98% capacity…