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.
MFROX
First test for me, can I buy it at Fidelity or Schwab? I can buy it at Schwab at $1000 min in IRA and $10K min in taxable. It has a$49.95 fee (that is waived for me). But, This fund has a 2 % redemption fee if sold within 90 days.
MFROX is an …
It is very likely the Fed will lower rates this year and what the Fed chair said...based on what we know now.
The main key for rate increase/decrease over the years is how fast and how much.
Nothing new IMO.
Stocks are down, well, the SP500 was up 20% since Nov and it's only down about 1%(before 3 PM) from the top.
There is always a chance of a 3-5% pullback which is just how the market works, but the 24/7 media would like you to think…
Baseball_Fan, I have been doing pretty well using the big picture + T/A for decades..(link).
You can also see what I think of many experts over the years, including Tom Lee (link).
The "king" of bonds, Gundlach, and other "experts" made bad predictions about rates and why I don't invest based on predictions and hope.
I own funds that have done well lately.
BTW, the Fed controls the short term rate, but markets control the long…
The Nov-Dec huge performance is over.
YTD is what counts now. My "gamble" right now is on funds with low SD + bigger yield, think 8+%, and excellent performance YTD.
There are 4 funds on my short list, I own 2.
https://schrts.co/TeIaWmPu
Definite…
You are getting close, I'm a trader who may hold several weeks or months.
In 2021 JAAA was the worst.
In 2022, a unique crazy year, CBLDX+JAAA did better than RSIVX
Since 2023, JAAA has the best risk/reward.
But, in the last 1-3 months RSIVX leads.…
Fidelity and Schwab are the gold standard when you look at everything (easy, fast, free services, actual office, opening hours, and more).
I used to have others, closed them all and used only these 2. I always initiated it from the receiving brokera…
I can chime in but my style is different than yours.
CBLDX + RSIVX/RSIIX are good options with lower volatility and both yields are higher than most at 8+% and 9+%.
Usually, risk-adjusted performance is the most important, at least for me. That mean…
My main debit card that I use all over the world for cash only is Schwab. It has everything I need, see
https://thetravelfolk.com/no-atm-fees-the-charles-schwab-debit-card/
In the last several years, I hardly use cash because I can use Google pay +…
Sven " If one ventures into EM, make sure you pick experience fund managers, not indexing."
FD: the above is good advice for most categories(stocks+bonds, that are not US LC.
Taking dividends is a lot easier than figuring out total return. The money just shows up if you aren't reinvesting. No doubt there's lots of academic arguments over this.
Not really.
Example: you can use a simple index = SP500 = FXAIX at Fidelity…
I know how I'm doing every day after 6-7 PM.
SOP - First dinner … then a stiff drink … then take a peek …
First, take a peak around 6-6.30.
Second, a 20 minutes nap,
Third, preparing and eating dinner with the wife at 8-8.30.
Then TV and oth…
The commentary is great and essential, I try to keep it "simpler".
2022 was one of the worst for bonds. MM+RPHIX were great. Then the Fed first blink was 11/2022. From that point, you should start looking to make more money.
You have 3 great choice…
I invested with Eric Cinammond (ICMAX) several months years ago around 2009-10 and sold when markets started to fly, his analysis looks great when markets crash but then he holds too much cash for too long and misses a lot of performance.
Deep VALU…
Just 0.6% using only 2 bond OEFs. In about a week I will get the distributions and will be over 1%. I look at my portfolio as only one pile of money, no buckets, no ST+LT, and I know how I'm doing every day after 6-7 PM. Both Fidelity and Schwab c…
IMO, the only way to avoid a crash is to sell to MM and buy back after that. Yes, it is timing. Most can't do it so just own several funds up to 6-7, using indexes and good managed funds(PRWCX), according to your goals and risk, and hardly trade.
S…
Hank, I'm not a typical trader. My trades are based on my system. In "normal" market I may hold a fund for weeks/months, in risky market a lot shorter. One day can be very meaningful.
When I discussed trading funds it was all about none Schwab/Fidel…
I have sold 100% of OEFs at Fido a number of times. The full amount has always been available to reinvest the next morning. I have closed out ETFs and CEFs in their entirety at Fido and the funds were always available to reinvest in a matter of sec…
SMA3 "While it easy to move the money, Schwab requires you sell the MMF first, and it takes a couple of days to clear, so a fair amount of planning is involved. This to me is the major disadvantage to using Schwab."
FD: it takes only one day to cle…
I never understood "I need cash for an emergency".
It's been already over 30 years since I needed lots of cash. Just in the last 1.5 years, we had the following unpredictable expenses:
1) My wife totaled a vehicle and we bought a new one. I took a …
You have to look at your total portfolio. A total 20% loss, is just 20% regardless of how you spin it. The bucket system adds complexity to an already complex retirement situation compared to accumulation. You can achieve the same goals by using sev…
Why not google it? I found this link in 3 seconds and I never owned any Apple products.
(https://support.apple.com/en-us/102646)
I love working on my laptop attached to a 24" monitor a lot more than my phone.
So, what happened in March 2020?
Covid spread around the world, and panic and uncertainty were everywhere, think about what happened to businesses, people, and commerce. All = black swan = sell everything.
FD, Unless you are getting paid by RSIIX or otherwise chose to do their bidding, why are you trying to bury my question by replying with an obvious?
There is no reason to think or assume that posters here asking questions or raising issues are in…
Just my opinion, it's difficult to find honest, great CFPs who are fiduciary and put their clients' interests first. If you are a typical investor, a CFP should be able to come up with a detailed plan in 3 hours and charge you a $1000 (maybe $1500) …
RSIIX fell in March 2020 because it was a black swan, even RPHIX with much lower volatility fell. Investing based on a black swan is a bad idea long term.
When rates are not stable, especially when they go up/down more stable funds are recommended …
From reading articles and watching markets:
1) It is known that the US stock market is the best LT. Bogle, Buffett, and Malkiel (Random Walk) told us for a long time to invest mainly in the SP500 or VTI.
2) The further you go in the past, the less …
Schwab assigned a local FA(financial adviser) to me when I joined years ago. This guy is amazing and can tell you what funds to use, he even does CEFs, all for free. I don't need it so I don't use him but over the years I met with him twice just to …
We can always learn something from each other...
Sorry @Baseball_Fan. I learn nothing from repetitive gloating nor can I believe someone who always says they made the perfect call - after the fact.
(link)
"Simple" question: what do you think will generate better results for Joe average investor during his lifetime...holding up to 5 funds and hardly trading, or using 10+ holdings with more trading?
Investing is never about emotions and feelings, it's …
