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
@rono and @Charles, hard to be optimistic when the unemployment number continues to climb daily. In this consumer-dominated economy, where is the growth that may lead to recovery or there is another leg down? I am leaning the latter than the forme…
He got very bearish and exited all his airline holdings quickly. He still holding $billions in cash and that could imply there are few attractive opportunities.
People are hopeful that the market will recover but I don't think it's found the bottom yet.
I concur. Even Fed chairman Powell stated a W shape recovery is likely. Think there will be rises and falls along the way before viable vaccines are avail…
We are in uncharted territory now with online learning. i understand Purdue University is planning to open in the fall term 2020. Hopefully the infection situation will be under control with the practice of social distancing and testing will be wide…
Thank you for the link. Have to read more.
For example a portfolio of 100% PRWCX would have a "Safe Withdrawal Rate" of 10% and a "Safe Perpetual Withdrawal Rate" of 5.6%. The rule of thumb for a Safe Perpetual Withdrawal Rate is 4% according to t…
Got lots of privacy issues with Zoom. I understand there are other companies who offer the same type of service. This is not the type of company I want to invest with.
In the early days of gold mining, majority of prospectors went home empty ha…
Antibody may work from article in Reuters,
“Historically, this has worked,” said Dr. Jeffrey Henderson, associate professor of medicine and molecular microbiology at Washington University School of Medicine in St. Louis. “Before we had vaccines, thi…
@lynnbolin2020, I really appreciate you for sharing your research and insight. They are invaluable in these challenging time. I couldn't agree more on the impact of COVID-19 on the market.
Yesterday, the stock market fell 1.5%, supposedly due t…
One plausible explanation of the lagging performance of D&C for the last 10 years is the value stocks invested in their funds are out style. Not only D&C, other value-oriented mutual funds companies are also lagging, most notably Oakmark. …
No thanks - this is like a buy low and sell lower scenario. Junk bonds are filled with oil shade producers and given the oil priced situation they are going bankrupt. The carnage has yet all play out in this risky sector. Case in point, JNK is dow…
You guys are too fast for me and I also did the comparison as well on currency hedging. Tweedy Brown Global Value also have an unhedged clone fund, TBCUX and it is slightly worse than the hedged fund, TBGVX.
@Mark, Thank you - excellent article on the significance of test accuracy. Even the 5% failure rate would allow the infection rate to slip through.
https://msn.com/en-us/news/us/questions-about-accuracy-of-coronavirus-tests-sow-worry/ar-BB124KXh…
Market's been especially irrational
@Crash, That is a good one. How about investors being irrational ? Case in point, several months ago @Catch22 posted a topic "Charles Bolin, MFO commentator. Funds that do well; with falling $/rising inflation w…
@charles, things happen but you will be a better investor in the future. Perhaps your portfolio is down today but time will allow it to fully recover, perhaps a year or two. Mine did during 2008 and I was scare as hell. Unless you are in total ca…
I think it is too early while the infection rate is still rising rapidly. During 2008 the market bottomed at -40%. The pace of this COVID induced decline is more severe - 30% loss within 2 weeks! Think the bottom is few months away. Tomorrow unem…
He never understood the term "pandemic diseases". This administration got caught flat-footed in stockpiling these protective equipments even though the Playbook tells them so. This is like a replay of the Titanic without adequate life boats on board…
Putin is wearing a hazmat suit, respirator (not that face mask), and full face shield just to visit patients in hospitals. If Russia's infection rate is low, why bother with all these extra precaution? This is what one sees the ER doctors and nurs…
What we need is a time machine for this administration to carry out the pandemic playbook that was already planned and tested. This playbook is the product from the Crimson Contagion exercise which is designed to deal with pandemic diseases across …
Taking a long term view helps to avoid to sell at the bottom. I own a small position in VNQ and no intention to sell. This sector will recover eventually when the infection rate stabilizes in the next quarter or two - assuming the hospital capacity…
I think we ended the month -19.7% from previous peak. Should I call it?
Certainly it is not a cute teddy bear but rather a hungry bear who just woke up from a long hibernation.
Russia's reported COVID-19 number is suspiciously low that said it all. Just like the Chernobyl nuclear power plant incident and the delay response from the former Soviet Union.
Got to love their analogy to the phase catching falling knives.
“Trying to call the bottom of the market and carefully buying is like picking up pennies in front of a steamroller,” said Peter Lowman, chief investment officer at Investment Quorum i…
Methodically clean the ship, while isolating the crew in port with a massive amount of individualized lodging equipment. As part of his plan, 10% of the crew would stay on board to run the reactor plant, sanitize the ship, ensure security and provid…
A number of company are suspending their dividends including Boeing during this crisis. Wonder if this continue in near term until recovery takes hold ?
VDIGX, VIG, and PRDGX are solid choices. VDIGX has a healthy exposure to health care sector …
Totally agree. Many investors do not have large cash position to take advantage to buy low. You are a great example of running a low risk portfolio. Watching CNBC is for fun and cannot take them seriously.
Agree with @FD1000 on muni MM. The 3+% yield is illogical and it has been drifting downward daily! Never thought liquidity issues would impact muni money market until @msf pointed out the fine points.
