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
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…
Moving oversea makes sense.
1. US dollar has traded lower against other major currencies such as EURO.
2. Valuation is more attractive
3. US stock and bond markets have been prop up trillion $ QE
4. Elevated pandemic again..
Fed banker Robert Kaplan spoke up today,
Widespread use of face masks is the single biggest factor that could help restore the U.S. economy, bringing more people back to work and allowing schools to open, Dallas Federal Reserve Bank President Robert…
Like Old_Joe I found FundAlarm through WSJ. The 3-alarm was very useful to avoid the hits and miss approach I was using. The monthly commentary was always informative. I run across MFO being referenced in other financial articles.
Thank you. Saw that too earlier. One picture worthy a thousand words.
Many large hospitals are at full capacities with their ICUs. Let's hope they have learned how New York found better treatment and medications beyond ventilator in order to r…
The person I referred to above was a "non-believer". This 30 year old healthy athlete went to bars several times without face covering. Shortly he came down with COVID symptoms and worsen within days where he was admitted to ICU. While he was on v…
Awhile back we consolidated several active managed fund to VTMFX. It has done well for us - dull but very effective in the long run. Also it is a very tax effectient for taxable account.
Equity performance has shifted in last several years as growth out-perform value style. This year the difference is even bigger.
YTD: Vanguard Growth index, 17.2% versus Vanguard Value index, -15.0%.
Prior to the pandemic, FANNG stocks heavil…
The non-believers can choose whatever medicine/advice they want. The medical community are continuing to discover this virus is far more damaging to human body than that of the flu virus. Many internal organs affected are likely permanently change…
widespread perception that long-term Treasuries are the most attractive diversifiers, the recent data don't bear this out. In fact, the shorter-term Treasury index had an even lower correlation with the S&P 500 than the long-term index."
This ha…
And all these companies want to install R&D centers in China.
Also China's business practice leave little intellectual property protection for the suppliers. Often there is a requirement to form a join venture with local firms in order to s…
Interesting tread here for sure. I left FMI funds several years ago to other options perhaps better suit my purpose. FMIJX holds high quality stocks but the growth oriented stocks seem to do better in today environment as value stocks have lagged …
It wasn't that long ago that we sent astronauts to walk on the moon, but we cannot deal with this pandemic while trailing the rest of the world in the recovery. Truly sad!
At the same time, the EU is preparing to ban most U.S. citizens from entering their countries.
It started...The situation was reverse in February - March when CIVID-19 cases in Europe was much higher than that of US.
https://msn.com/en-us/news…
It is also depend on the individual's health situation.. I have friends who were affected but have mild symptoms. They have since fully recovered and everything checked out fine for now. They were lucky to get inflected while at overseas and manag…
Those of us who have the luxury of having private insurance don't even think about ACA. For those who have have these insurance would benefit form it especially when they have pre-existing medical conditions. Frankly many of us will incur some hea…
Thank you. The first plot indicates how poorly US fight against COVID-19 versus other countries. The lies continue saying flatting the curve. In fact it is rising fast, and July 4th is this coming Saturday.
Here is another link to John Hopkins …
I recall the saying, 'you can never go broke taking profits'.
@rono, did that several weeks ago and now seeing another leg down as pandemic situation worsen over several states - AZ, TX, FL, UT, and CA. Spending is up a bit as lockdown eases, but …
Public health officials do not get pay much while they carry heavy responsibility to the health of general public. Can't believe they have to face physical treats. Hate to teachers these days.
We have friends who have recovered from COVID-19 an…
Talked with Fidelity and Schwab awhile back and we decided they are not appropriate for our family on many fronts. Have anyone experience with Schwab's robo advisory?
possible massive dive today and next few days. maybe more bloodbaths on Dows Street
The market has been over-brought as many investors think the reopening of business will bring back the market quickly. This short 2-month recovery maybe short lived…
It is well known that he a long history of failed business from casino to hotels. His first wife, Ivana, was the brain of the family who grow the business. Can't say the same for The second and the third wives.
It is pretty wild for sure. COVID-19 were found on paper currency and coins. Older paper currency were incinerated and new ones are printed. Credit cards are used these days in stores and online shopping. We use Apple Pay with our phones so to e…
This careless policy only leads to more infection and death. Las Vegas opened 2 weeks ago and people returned without taking much precautions. Forget about face coverings and social distancing. California's beaches and Disney Land theme park are …
Feeling the same as you. Recovery party is over now with realization that health issue will have more impact to business/market. The decoupling of employment figure and stock market does not make much sense. I hope you are doing well this year.
Monday's market reminds us that COVID is still with us with new cases reported as business opening up while ignoring face coverings and social distancing. Elevated social unrest does not help. This is going to be a rough week.
The current Fed policy poses challenges for income investors who are seeking decent yields. These days trying to get 2% yield is not easy without tipping into junk bonds. While safe treasuries pay very little.
I concur. Many companies retracted their earning forecast as there are too much uncertainty in their business. Powell's statement is sobering that indicates a quick V-shape recovery is unlikely this year.
@bee, thank you for sharing your list. …
As for the economy, every one of these spikes will cause people to stay cautious, minimize spending, and continue to hunker down. That will cause the economy to continue in the dumps, in turn causing the crazies to call for more opening up, in turn …
Those infected and recovered patients often incur permanent health damages including lungs, blood chemistry, and central nervous system, whereas there is none of the above damages from that of seasonal flu. Chris Como's lung x-ray should tell you so…
