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
Basically you could subscribe, use the services to set up your financial plan and opt-out after you had what you needed. Bet this new pay scheme might have been in response to people doing just that.
If one uses their services wisely to set up their…
"This is a massive shot across the bow to full-service providers who have become very comfortable charging 1% to 1.5%.”
Year 1: $300+(12x$30) = $660; regardless asset base.
Year 2 and on: 12X$30 = $360
Advisors operating based on AUM will have a s…
That is one of the reason that Target Date/Retirement funds did quite well over time, plus low expense ratios.
I invested part of my rollover IRA into one five years ago as an experiment, and was pleasantly surprise how well it works.
Saw her long time ago during a PBS donation drive when she seemed reasonable. Think the frame got to her and her views today are out of line with the average Americans.
My investment grade bond funds are up today while there are signs of global slowdown, especially in Europe. Guess the tipping point was the inverted yield curve. Next week will be something else...
From consumer perspective I see nothing wrong with competition that ultimately benefit the investors. Fidelity is now offer equivalent index funds with even lower fees than those from Vanguard. Stroll lower on the webpage - Fidelity also lowered t…
TurboTax does not request your driver ID. Don't recall if they request this info. Perhaps for those who file electronically, this may speed up the process.
I too have made sizable changes in recent years. More than half are broad based Index funds and ETFs while the rest are actively managed funds and individual stocks. These days there are much other things to do with kids in college and gardening. …
My blended ER is less than 70 bps. I run everything independently via Fidelity. The core of my portfolio passive equity exposure as it's my belief that active manager add little value in most market segment.
@JoJo26, well done with your overall ER …
So Mark Yockey is no longer the fund manager... He used to be pretty good manager until the drawdowns in 2000 and 2008. Also notice the ER has reduced to 1.38%, a bit lower than the previous 1.5%. International smaller caps had a hard time in 201…
@Old_Joe, it is all about greed and the bottom line to the drug companies. US used to manufacture fine chemicals including these active ingredients used in drugs. Then came these low cost manufacturers in China and India who may not use the same ma…
That is what John Bogle and Warren Buffett have been saying, especially the larger caps where their revenues are increasingly globally oriented. Cola Coca is a good example. The other aspect is the supply chain. For example, vast majority of key …
I invested with Micheal Price when MDISX was a small cap value fund. Afterward it morphed into a global fund as asset grew and the company was sold to Franklin Templeton. The Mutual Series of funds were never the same. I sold majority of them, p…
Concur with davidmoran's assessment. Several funds are overlapping, perhaps from different sources, 401k and IRA - something can be done in the next 6 months or so. Consolidating them would simplify the management going forward with respect to the…
Not sure if the US-China trade talk would be beneficial for both side. A number sticky points are deeply rooted that is not easily resolved in this short time frame. Then what next?
EVBAX Is Unranked In The (MB) Fund Category By U.S. News & World Report:
EVBAX portfolio is similar to Loomis Sayles Bond fund. Invested with it early on and left when it turned out to be even more volatile than LS fund. Last year this fund la…
@hank, we really appreciate the article. She is a beauty and performed remarkably that provides endless knowledge of the planet Mar. My kids love astronomy and Rover's adventures.
Bonds. 90/0/10 = 90% equity / 0% bond / 10% cash.
Buffett and Boyle have sizable asset and their required minimum distribution plans are quite different from most of us.
Warren Buffet is in a unique situation and he can afford it. I would think many retirees cannot rely on this 90/0/10 allocation in their IRAs to generate sufficient fund to supplement their social security and pension.
Old Skeet provided a good analysis. I too hold DSENX for awhile. The 2018 drawdown is sizable as indicated by Derf. The fund 2018's total return was -4.0% while the 60/40 balanced index lost -2.9%. The international version, DSEUX, performed eve…
the only way for us to deal with the mountain of government debt at this point will be to inflate our way out of it.
Think you meant devaluation of the greenback and there are unpleasant consequences.
Interesting that he is much more macro driven while having a thorough understanding on how technology may benefit future investment opportunities. Examples include machine learning and AI (Google and Amazon). As for GE I think it needs to breakup …
I don't use target date funds since I prefer to chart my allocation. A static 40% foreign allocation is too rigid since I already have a health % in developed and emerging markets.
Again I agree with hank's sentiment on the trade WH trade policy a…
That is very poor business practice - bait and switch. Over the years I found Michelin tires over-priced for their performance. This year we are replaced the original Michelin touring tires on our Honda Odeyssee with Continential tires with the eq…
I’m curious because a rapid 5-10% decline coming right on top of an already “oversold” condition should make the market even more oversold (ie: an even better buy).
I would stay put since not all the bad news have unfolded yet. Dollar average in fo…
One would expect the internal auditing would uncover these shady accounting practices long before they are uncovered (their clients who filed the SEC complaints).
Problem is majority of private industries and public pension are underfunded by at least 50%. This poses significant risk to meet the obligation to pay the retiree's pension. When the company undergo financial stress such as declining business (i.e.…
Part II of the interview is coming, and I cannot wait. Nevertheless I tend to more agree with Matt McClennan's view after following him for a number of years. His thoughtful approach is particularly appealing particularly in today environment -quit…
Up to this week or so Liz Ann Sonders has been neutral in her monthly Schwab reports. To me this article, however, is a bit late by at least 6 months. The market reached the height at the end of January 2018 and it has been down ever since as the …
Well worthwhile to hear from Ed Hyman and Matt McLennan. Hyman is more optimistic and does not see recession until several years from now. Also he likes the newer tech stocks that create new markets. As usual McLennan discussed how he positions h…
@AndyJ, Just watch Hyman and McLennan interview - very informative. Ed Hyman likes new technology stock that open up new markets and he thinks recession is at least 3 years away. Matt McLennan takes a defensive approach in his portfolio.
