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.
Support MFO
Donate through PayPal
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
I have used Windows platform since 4.1, and the overall experience is underwhelming. Today I spend 30 minutes to update the Windows 10 with patches after patches.
While I agree that Macs's hardwares cost more than PCs, there are many advantages …
Apple offers a free package for word processing (Pages), spreadsheet (Numbers), and presentations (Keynotes). After using is exclusively at home, it does a nice job comparing to MS Office. Depending on the level of complexity you need, it is worthw…
Not in our household including our teenage kids. We taught them to do their diligence and find the original sources if all possible. Even then it is not easy to cover different aspects of the entire stories.
It is sad to find our society is get…
Microsoft was fined by EU awhile back when they refuse to unbuddle I.E. browser in the XP OS sold in Europe. Alternative browsers such as Netscape was crippled in many of its functionalities. Today MS is pushing for cloud-based services including …
I run Windows 10 at work and it works with Explorer, Chrome, Firefox, and the lastest Microsoft browser, Edge. From what catch 22 said, I would ignore MS's statement.
From what I read, Edge uses your browsing history and sells them to other firm…
That number was produced by public health experts at George Washington University in Washington in a report commissioned by the U.S. territory’s governor, Ricardo Rossello.
The study found that those deaths could be attributed directly or indirectl…
Awesome pics of Florence. Can't believe how far inland the Florence can go to.
@Old_Joe, you have done the right thing to get out harm's way. Our prayers are with you and your family.
Although POAGX is similar to ARTMX as both are mid-cap growth oriented, POAGX has been closed to new investors for several years. The larger cap version, PRIMECAP Odyssey Aggressive Growth Fund, POGRX is still open.
There was a movie. 'Too Big To Fail' was based on Sorkin's book by the same name ... I just finished re-watching it this evening. Paulson is the central character.
Yes it is an informative movie. There was an interview of David Sokin with Ben Benen…
The culture at FMI funds is excellent. I first invested with Pat English and Andy Ramer in the Large Cap fund, FMIHX in 2006; then later in the international fund, FMIJX. FMI will close their fund when asset grew too large to manage in their concen…
Great tune from Dire Strait while I was a physics major and wasn't sure about future profession. One thing for sure, there wasn't chicks for free. I was fortuned to met my future wife who was a chemistry major and went on to receive her doctorate d…
Not my cup of tea and I have a full time job.
If I would have lost confidence on US market, I would let my cash position build up and look for buying opportunities down the road.
What Artisan announced is not helpful to foster teamwork. It would be better to promote key contributors as co-managers to the team. Hope this is poor PR announcement and not some internal conflict.
Defined benefits are part of your compensation in addition to the base salary, insurance coverage, vacation, sick leave, and retirement funding.
Defined pension plan, although rapidly disappearing, is your retirement pension once you are "vested"…
No. The EM has worsen with increased political risk in the last several months. Another headwinds it faces are trade wars, strong USD, and two rate hikes in 2018.
There will be better buying opportunities down the road. Time like this is about getting paid and not killed. It is hard to imagine how $200+265 billion tariffs with China will end well.
Get out. Many international bond funds are unhedged to USD. In effort, the investors incur additional risk with respect to geopolitical, currency fluctuations, and credit quality. Since early this year, the dollar has been rising. At least two mo…
Yes, it has been all over the place. For awhile it was playing Tesla and next report he exited the entire position. He is back investing in the big cap growth stocks. A real disappointment for sure.
@LewisBraham and @larryB, totally agree. The deficit is projected to worsen just from the 2017 tax cut while enriched those in the upper tax brackets. Disgusting!
No significant move here. Majority of my gain came from the reduction of equity in late January before the big drop. Few tactical buys in Apple and BRKb; rebalancing with more Vanguard Equity Income. Wish I am more optimistic for the rest of the y…
Totally agree that health care will consumer much larger part of our retirement resources. We still have over 15 years fom retirement. In the meantime, we maintain an active lifestyle, routine exercising (swimming and walking), and eating healthy.…
Bitcoin has too many ups and downs this year. Still wonder if that is a viable and widely adopted currency.
On the other hand, Warren Buffet found an Amazon-like stock in India, Paytm, and have invested a small stake.
https://fool.com/investin…
It is insane for those Federal workers who would vote for someone who totally lack a sense of decency, let alone honesty. It is a simple math pointed by msf that they are essentially taking a 2.1% pay cut.
Another proposal is to reduce the Feder…
Our family have good luck with Japanese cars. I drove a Toyota Celica for 20 years before we sold it for a Honda minivan when the kids arrived. Since then I have been driving a 26 years old Honda Civic, and it is still going strong. Next one will…
As Facebook stumbled badly recently, even the FAANG stocks are vulnerable to bad news. There is already rotation in other stocks and sectors which I think is healthier for the overall market.
Assuming these high school kids file for tax return, then they can open an IRA account. Roth IRA is even better.
The other challenge I see is the lack of an understanding on finance for many kids growing up today. Even though algebra is a requi…
@bee, I am not sure I will go the way of reverse mortgage in retirement. My wife joke about sell the house, move into out 10 year old trailer and live on the driveway of our kids house. We sure spent enough to put them through college and help the…
