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
CA has double the number of COVID-19 positive patient overnight. Think the spreading is far from being contained. To make the matter worse there is not enough test kits available so there may be many undetected carriers that continue to infect oth…
Munchin walked back on his suggestion of potential 20% unemployment a day after he talked to CNN. For once, he was being factual and that makes his boss look bad!
https://cnn.com/2020/03/17/politics/steven-mnuchin-unemployment-warning-coronaviru…
@WABAC, I expect the unemployment number continues to rise rapidly as closing many small business due to the lockdown. How many small business can survive paying their rent and employees without customers? The economic impact is far reaching and …
@bee, thank you. This particular study and the predicted 2 million fatality in US enabled Dr. Debbie Brix to change the administration's view. Still precious time is lost to response aggressively when COVID-19 spread throughout the globe. Califo…
I agree. Reuters reported elevated unemployment number. Think this is only the beginning.
“A number of states specifically cited COVID-19 related layoffs, while many states reported increased layoffs in service-related industries broadly and in t…
Thank you - informative article.
"Instead of saying we have 'tremendous supplies,' the Trump Administration should start coordinating with the private sector to ensure America actually has the life-saving supplies we need," Reed said in a stateme…
Like Dr. Fauci said "the worse has yet to come", i.e. the market still has a way to go before bottoming out. In the meantime this is like catching falling knives. Each passing day the economic situation worsen as the reported COVID-19 cases still …
How China handled the situation may not work in democratic society? It is hard to imagine closing down New York City or any metropolitan cities in Europe for several weeks. How South Korea handled their situation may be more workable, while Italy …
@Tarwheel, if family longevity factor is a concern, taking SS at your full retirement age makes sense. Here is more information from Vanguard on the cost-risk analysis and break even point.
https://investor.vanguard.com/retirement/social-security…
Nonsense! Like Mark said - let's move the voting day up. 30 days from today would be perfect.
There is little risk of coronavirus exposure when voting in the open. Don't touch your face and wash you hands thoroughly afterward. Skip the crow…
Your friend need to review his retirement strategy carefully. It is still not too late since he has 6-7 years before retirement. He may consider using an asset advisor to guide his planning. In my humble opinion, his 70/30 allocation is too aggre…
"Fear" for sure. Also this cut is on Sunday so that it stabilizes the market comes Monday morning.
CNN this morning discussed that the Fed may purchase assets just like back in 2008 crisis. This includes bonds, stocks and ETFs!
In 2008 th…
Ample opportunities abound when the market drops 1,000 points per days. Still think the bottom has not been reached. When layoff news starts US there will be further decline. This time a quick V-shape recovery is highly unlikely.
Not surprise at all in that he cannot read well without his glasses. He had the same problem when he cannot read the prom in SNL and he was never invited back again. Steve Martin, on the other hand, was simply incredible and was a frequent host in…
Actually, the market could get even worse starting with the American consumer driven economy.
it looks like predictions of a “V” shaped downturn with a quick, sharp rebound are probably off base.
https://msn.com/en-us/money/markets/why-the-outlook-…
folks are looking to the Fed to do something.
Let's face it. The Fed cannot manufacturers corona vaccine overnight. The best scenario is at least a year away. Realistically the Fed can only do so much by lower the interest rate and the race to ze…
@old_Joe, There are experienced doctors who are being deploy to head up this effort. I came across this NYT article from Apple News. Dr. Deborah L. Birx who oversaw the global AIDS epidemic during the Obama administration is also involved.
https:…
@Art, I echoed comments from Mike, catch and msf. You can't go wrong with either Scheab and Fidelity. Noted there are differences that you may or may not need and you can decide. For us we have done business with Fidelity and Vanguard who they se…
@Mark,
Try good old fashion of soap and water based on CDC recommendation. Don't use volka.
https://msn.com/en-us/foodanddrink/other/tito-s-tells-customers-to-not-use-their-vodka-for-hand-sanitizer/ar-BB10O8KZ?li=BBnbfcN
That is apple to orange comparison. Both asset classes declined but with different magnitude. Junk bonds and emerging market bonds (USD hedged and local currencies) fare the worst among other bond sectors. US treasury performed the best since tha…
Visited Costco early this week. Saw signs of panic and hoarding of bottle water, toilet paper, hands sanitizer, bulk bag of rice and canned fish. Things are far from over and will likely to last into Q2. Many signs are not encouraging. Spring br…
@catch22, very timely and great allocation. You should do well if this correction continues. We rebalanced several weeks ago as the market peaked. Will sit tight until the smoke clear. Don't know if you subscribe to WSJ. Here is a piece from J…
I have been watching this for several weeks since the virus news broke late December 2019. There is a fear that drive investors toward the safest asset, US treasury. This pushes down the yield while raises the price. Not sure if Treasury is over-bou…
I agree with @rono and @old_Joe. Center for Disease Contol already sent out plenty of warning and ways to protect individuals, i.e. good personal hygiene practices. Yet the WH is treating this as low risk. By the way, where is Ben Carson? He is …
