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
In another word, they have drank Jim Jones Kool aid and there is no turning back. Over 70 millions people voted for this big lies. Also they will likely to suffer from more COVID infection and not taking the vaccine when they are available. Incredi…
The press put it nicely but Officier Sicknick was essentially beaten to death with a fire extinguisher. He died from a blood clot in the brain after he collapsed at the police station. that is so sad! CanTrump pardon all these rioters since they …
I think we are on a similar paths toward a respectable return in this low yield environment. I re-read Lynn Bolin's articles on alternatives over the holidays and planning to increase % allocation. Not sure how bonds will play out this year.
Thi…
@JonGaltIII,
Drawdown has considerable impact on future returns. Let me try to explain this with some calculation.
Let say you lost 10% in fund A in 2020. An amount of $100 investment is reduced to $90.
100 X (1-0.1) = 90
In order to regain …
Thank you for sharing your thoughts on this very productive tread. Yes, 2020 was a rough one as many of us survived while earned a few bucks. 2021 will be different again. Stay safe.
@JonGatIII, Be mindful of the risk going forward. I survived both the tech bubble in 2000 and financial crisis in 2008 through my risk-adverse asset allocation. Even then it took years to fully recover the loss. It was a humbling experience and th…
This riot in DC is far from over. The inauguration date January 20th will be very dangerous. Saw a piece from Michael Cheroff, former DHS head under Bush administration this morning and the failure to act on the intelligence available in the media …
Dominion provides an advanced digital voting system that have vertifying (signatures and address of the voters) and recounting capabilities, similar to those used in the European countries. US is advancing to a more capable voting system. Still rec…
Question is will Sidney Powell's law firm survive when the lawsuit goes to court? To defend the claim without evidence is one hurdle that bankrupted many firms.
https://npr.org/2021/01/08/954836971/dominion-voting-sues-former-trump-lawyer-seeking…
@JonGaltill, our own contributor to the monthly commentary, Lynn Bolin provided many insightful articles on preparing for retirement. Here is one from January 2021.
https://mutualfundobserver.com/2021/01/as-i-age/
Charles also writes for Seeking …
While JHQAX perked an interest in MFO discussion, it is important to assess how JHQAX performed in 2020 relative to its peers with respect to their returns and risk. As @fred495 noted that the fund uses an options strategy for the past seven years.…
The institional share of Thornberg funds are no load and requires $5K at Fidelity plus $49.95 transaction fee. It is better to go with ARTYX, NTF at Fidelity with $3K minimum. I gradually move some overseas funds toward growth style over several ye…
VLAAX has been proposed as a viable alternate to PRWCX. The asset base was quite large by the time it close. Another active managed growth-oriented balanced fund with small asset may have a better chance to do equally if not better.
Our investment certainly cross-path multiple times. MAPIX is a solid conservative Asia fund. There was one year that MAPIX did not pay a year-end dividend. The explanation was not satisfactory in their annual report. I reduced my holding on MAPIX…
Many business including ours have gone virtual in our meetings in order to minimize the health hazards while running the business. Besides US is restricted to travel to many country since US has the highest infection cases in the world! I think Gr…
@Crash, you are teasing us with PRIDX. Wish I invest in it earlier before it closed. The fund's 18% EM exposure is a decent allocation in the small and mid cap space. Asia is where the growth will be, not so much in eastern Europe and Latin Ameri…
You are right. Senator Warnock has not been swore in yet. Don't know how much personal protection he has until then. This remind all of us on the assassination history of Martin Luther King and President Kennedy and their respective political atm…
This is only the beginning of a long slide downhill. I am particularly concern about the safety of Joe Biden and Karmala Harris on January 20th.
Joe Biden also recalling the Secret Service details who protected him when he was vice president (th…
That is a good one - moral compass! Trump never has one as his niece, Mary pointed out in her book. The only things he worships is money and power.
Pence does not want to invoked 25th amendment. Article of impeachment takes time for voting. B…
LewisBraham got this right. The investment outlook including renewable energy and infractstruture sector are very different now. If and when the vaccines are sucessfully delivered to the general population, this will help to bring the economy and e…
What trouble me is that the coup attempt at DC did not ended on Wednesday. This continues in the capitals of several major cities. Words matters when it comes to spread the lies and call for violent. The article below mentioned 11 states, not inc…
This year the market has broaden out to the smaller caps and value stocks. Yacktman fund out-performed value index last year by holding high quality value stocks. I anticipate it will continue to do well going forward. I have several small-mid cap…
Thank you @David_Snowball, I also have invested with Teresa Kong since the fund inception. Consistency is the hallmark of the fund as you noted in the statistic. Still like Matthews funds for investing in Asia despite recent manager changes.
So are you saying that if they had been successful in taking the vice president and members of the house and senate as hostages that the market wouldn't have reacted? I'll take two of whatever it is you're having.
Sound like the movie "White House D…
It was disturbing to see Romney got harassed at Salt Lake City airport on Monday/Tuesday. He stayed cool and tried to answer her question. The GOP has created their own monster by enabling him in the last 4 years. This country is a democratic repu…
@catch22, things happen. I have no issue if you leaving it. I myself run into this too from time to time.
By the way, I heard several capitals across the country are having protests. There were bomb threat in Lansing capital. Think people oug…
This is the time to review your holdings and asset allocation. Not saying we will get another large drawdown as last year, but something to prepare for when and if that happens again.
With the two runoff wins in GA, Biden will now have both the house and senate on his side. His agenda will get thorough easier. Just today other sectors and small caps advance while the technology fell. Once the vaccine rollout quickly to vaccina…
Prior to January 6th there were lots of chatter in social media and calls for something beside peaceful demonstration. I am surprising that the law enforcement agencies, DC police and FBI did not anticipate the size of protestors and be better prep…
This is part of the trade war with China as the administration coming to an end.
It is one thing if the objection is due to these companies not following US account practices and auditing. The stock exchange is the one who should be enforcing th…
Here is the list of companies affected.
https://treasury.gov/ofac/downloads/ccmc/ns-ccmc_list.pdf
Today, the administration is thinking to include Alibaba and Tencent.
https://reuters.com/article/us-usa-china-alibaba/trump-administration-mulls-a…
Totally concur with the 25th amendment.
Frank Bowman, a professor of constitutional law at the University of Missouri, said Trump “arguably fomented sedition,” or an attempted overthrowing of the U.S. government.
But Bowman said Trump could also b…
Having cash/short term bonds help in days like March last year. Today's pullback is a reflection of COVID situation that is likely to worsen as people gather too much. The Georgia race is part of that too. Think the situation will improve on Jan …
