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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
I understand a new TRP Capital Appreciation Income fund being discussed. Income (from higher allocation of bond and other instruments) is the primary focus similar to that of Vanguard's Wellesleye Income fund, VWIAX.
It is not possible that Bill Gross just took some dumb pills as his Janus fund lagged badly. He has the advantages of small asset base and great experience. Something is not working at Janus for bonds.
Who else could make a go of this business model? T. Rowe Price? It recently upped its min in proprietary funds from $100K to $250 for a free M* membership. Would its customers spring for $1M to invest in outside funds w/o a fee? Or could they make a…
@hank, concur with your view on the market condition and the political turmoil. Opportunities with 25% discount are difficult to come by unless US enters recession now. Thus I continue to watch to find better entry points.
Realistically 6 month holding period for mutual funds is relatively short. These are long term investment products unlike individual securities or ETFs. One needs to have sufficient cash set aside to pay medical bills, tuition, and other short term…
@bee, thank you. That is an interesting perspective. Wonder how the Treasury will do when the Fed starts to unwind the $1.25 trillion of mortgage-backed securities?
@bee, Other countries hold US Treasury because it is considered the more stable and liquid currency in the world. Also it provides higher yield than those from the developed market: Europe yields less than 1% and Japan yields 0.09%.
https://www.…
Thank you for the info. EM is down today. I will need more time to digest the trader's strategy. As for Musk there are conflicting stories that he is getting Saudi $ for him to go private while another one said NO. So I will wait and how thing s…
Most likely there will be more patches release after the hard copies (CD) are sold. Think about the tax preparers - more training to keep up with the changes.
It is ever more important to keep track of the transactions, medical bills, and others …
Days like Friday are not all bad. It reveals to the investors on how their portfolio can weather various market conditions. This week is about Turkey and how it impacts the rest of the world. Judging from the previous week, S&P 500 declined 0.…
Just about all my domestic bond funds are up. Foreign equity and debts fell, especially those with USD hedging. It is a good time to review your allocation again.
Definitely. I use Vanguard Global ex-US REIT, ETF, VNQI to expand oversea exposure - higher volatility without USD hedging than domestic REIT index. Also I use Fidelity Real Estate Income for domestic REIT (50/50 REIT equity/debt) - respectable r…
Another move trying to retain existing investors or getting new investors. Many like to invest with Fidelity sector funds and they have many choices. The recent rise of ETFs and sector ETFs change the landscape considerably, so does Fidelity's AUM.…
The investor share of American Beacon Sound Point Floating Rate Income fund, SPFPX is available at $2,500 minimum (instead of $250K for institutional shares) and at a higher expense ratio of 1.11%.
Competition in product design benefits the consumers as shown in the auto industry. Prior to the 70's oil embargo there was no incentive for fuel efficiency as Detroit put out cars that rust out in several years while getting 8-10 miles per gallon.…
Smartphones can actually be repaired and have internal components replaced. Often one can find repair booths set up right outside Apple stores where they can replace the broken glass pane, replaced worn Li-ion battery, camera and others. The busin…
Sound exciting and lots of planning (number crunching as well). Do you have a financial planner you trust and work with in AZ? Someone who are fee-based advisor, not asset-based. Perhaps other on the board can chime in. Remember BobC who wrote ex…
Marsico funds are not doing well since Tom Marsico left Janus. I suspect the he does not have the same level of analyst and investment team support he once had at Janus.
@bee,
Not trying to be nitpick here. Please let me clarify what I said earlier. Prior to forming SFGIX, Andrew Foster was the lead manager of several Asia-centric funds at Matthews Asia Funds since 1998. This places his track record back to 20 ye…
Please read David Snowball's write up on SFGIX again. I continue to invest with Andrew Foster since the time when he managed Matthews Gro&Inc fund. Over the 10 years period he made more money for me than the Vanguard EM Index fund in mt 401(K)…
I confirmed what msf stated on the required paperwork for trading authorization. The same mailing address also allow to have all accounts with one single login - very convenient.
@LewisBraham, Agree. The other popular social media stock, Twitter is down 16% today as fake accounts are discovered and purged. https://marketwatch.com/story/twitter-shares-slide-16-after-fake-account-purge-new-rules-in-europe-2018-07-27
These s…
@bee, thanks for the update. This is only the early phase of tariffs and the impacts are felt across the board. Next is the threat of $500B tariffs.
With respect to the theft of intellectual property, this has been an on-going issue for a long…
Perhaps I am old fashion and I value my privacy. I pick up the phone and talk with friends and family that I care about. Often the conversation goes on for a quite a while to catch up and the process repeats itself again. Also we do FaceTime that…
@hank, This is like seeing a car crash in slow motion where one industry falls after another. The farmers and the meat industry are suffering. I would not rule out the tariffs will speed up the recession to later half of this year instead of 2019.…
