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I have done more than that and never lost more than 1% from any last top since retiring in 2018.
The "secrets" are 1) Mostly owning 2-3 bond funds at a huge % 2) switching bond fund = good timing 3) avoiding market losses.
There's no easy way to …
The nice thing about Schwab ATM is the fact you can take out money around the world and they will refund you the fee by the end of the month.
Question: suppose you took out $300 from an ATM and you want to deposit back $150, how do you it with Schwa…
If the VIX in premarket is over 50, it's a great time to look at my other indicators, and if the big picture isn't good, I sell a lot.
I don't mind being out for several days if it's a fake one, but I want to be out a lot longer in real meltdowns.
The title changed; my post is not related.
mmm...so any time someone starts discussing politics, we are going to change the title?
This is why politics should not be discussed on an investment forum and since one side posts about it 4:1 or 3:1 more…
I didn't have a choice if I wanted to have money. I started investing at age 38 in 100% equities. I kept it at 90+% until the first million. Then, learn a lot about unique bond funds and by the time I retired it was at 90+% in bond funds.
Diversification by itself is too generic, which is why I made my point.
So again, if you are diversifying in just RE, stocks, CEFs, commodities. They are not guaranteed to be better than SPY.
I remember so many posters quoting Merriman, saying yo…
@hank
Diversification doesn’t guarantee better returns. Generally, diversification reduces risk and lowers longer term performance. If you can, throw 100% into a single low cost S&P index fund, shut your eyes for 40-50 years while ignoring the m…
@larryB,
I don't know what your problem was, but mine was usually answered.
Maybe it's time to transfer. I have done it several times between Fidelity and Schwab and why I keep them both.
The nice thing is that I got a nice cash bonus each time, and…
First mistake: using a chat. Always call, no ifs or buts. It's faster to get results.
Second mistake: call your local assigned rep, and let him/her lead you. You can also ask to talk with the local branch manager.
Third: CALL, and ask to talk with t…
OK.
Take 2.
1 if you're a purest.
2 if you're a traditionalist.
3 if you're an experimentalist.
5 if you're a conformist.
More than 5 funds, you should have your keys taken away.
c
Excellent. I'm going to frame this. :-)
The key word in Random Walk was COULD but why would anyone do it?
The SP500 or VTI beat most manage stock funds and definitely individuals over long term.
Malakiel, Bogle, and Buffett all agree.
Add to it the fact that these fund managers are traine…
The answer - 11 (prime number).
Why stop at 11, 13, 17, and 19 are also prime numbers.
But I like your Prime thing and why I have used 2,3 in the last several years and 5 for many years.
Concentration by itself doesn't work. I have been using concentration + momentum + best risk/reward funds + being in the right wide-range categories.
Since I started in 1995, there have been three long term cycles
1995-2000 + 2010-2020 = US Large ca…
I based my system loosely on 3 Buffet’s rules but adapted it to funds: Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1 and Rule 3: Diversification is a protection against ignorance. I added a fourth rule: momentum. I also liked Bog…
I think that most investors would generate similar to better results over time by using up to 5-7 funds, mostly indexes, hardly trade, and rebalance...all based on their goals, style and risk tolerance.
I never believed in any of the above, which is…
Ok, I got it.
MM pays now 5+% but for years it pays under 1%. A couple of year from now it will be much lower. I can always find pretty good risk/reward bond funds but that's my specialty.
Logins at 4 weeks interval and not interested too much tell …
Just like FAIRX,SGIIX,OAKBX during 2000-10, and later 2010-17 mostly in LC tilting growth, I slowly changed to bonds, by selecting PIMIX as my first bond fund in 2010 and increasing it to over 50%, but I sold in 01/2018 and never looked back.
Then …
stayCalm
That said Fidelity and Vanguard imo are still better imo because one is not forced to manually enter a 2nd MMF trade for every single buy/sell.
Most should don't trade, and most shouldn't own MM.
This is such a small thing, no need to worry…
Catch 22. If your investing knowledge is below average, you don't know if your RIA is good. If it's above average, you don't need one.
RIA is a jack of all trades and a master of none.
Anytime you need a real advice, you need to see a real pro. For …
How is the above possible when you don't know what the sale proceeds will be(or even that the sale will actually go through) or do you do a conservative estimate and sweep up the remaining next day?
Well, pretty easy. Suppose you own US LC, before c…
Schwab relies very heavily on uninvested cash from customers -- don't know why there is confusion around this. Not offering auto sweeps into a MM fund like Fidelity and Vanguard is not due to Schwab being lazy, it is central to Schwab's strategy. Al…
This week is why I always maintain small cap exposure in my portfolio. My small cap fund (FDSCX) has made huge gains this week, over 3% today alone. Big gains (and losses) tend to happen very quickly with small cap funds.
It's "only" 290% behind QQQ…
I held 3 funds most of the years between 2000-10...FAIRX,SGIIX,OAKBX because the SP500 was not good (it lost money for 10 years). In 2010, I replaced the above funds with US LC tilting growth. So, I want to thank Bruce.
I don't care how good any m…
It's pretty sad and going on for years. Be scared of US LC, especially the MAG 5-6-7
But let me sell you NOW Value, SC, EM and CEFs.
Wait, last Dec the "experts" told us that the Fed is going to cut 5-6-7 times, buy Treasuries. VGIT is finally at 0.…
"Dovish may be for rates but not for equities where the action really stunk."
mmm....the SP500, the most known index in the world, looks pretty good to me, at making "only" 17+% YTD...(https://schrts.co/KgUBfiaZ)
Maybe ...... https://www.cnbc.com/2024/07/05/us-treasury-yields-flat-ahead-of-key-jobs-report.html
That's what I was thinking
Next week, rates may go up, and the explanation will not look great. These articles explaining stuff can be generated by…
I never had a problem with Schwab MM and I'm a trader. I always trade funds/MM on the same date, just make it a habit. MM is just another fund for me. I have had both Fidelity and Schwab for over 20 years.
Observations:
1) Gold has been a terrible investment for a long term holders.
2) If you are a good trader, why bother with gold.
3) Investing small % is meaningless longer term.
4) The breakdown of the world is a long term scare that hasn't material…
Studies have indicated exploiting the momentum factor can generate alpha.
Skilled traders who use momentum may be able to harvest some of this alpha.
Numerous studies also indicate active trading often leads to poor performance.
I contend the vast m…
As LTC Hal Moore said at the Battle of Ia Drang Valley, "Nothing's wrong ... except there's nothing's wrong."
I agree the markets are treading water and churning - there is a false sense of security forming, but at least it's not overwhelmed with…
(link)
Oppenheimer Asset Management is bullish on equities as H2 kicks off.
How about the truth...the SP500 has been positive at about 80% since 1980 every year. We don't have a clue what the SP500 will do in the short+long term.
With that in min…
Robinhood offers 1% without a cap, so $50,000 for a $5m transfer with a 2y holding period. Stocks and ETFs, no mutual funds. Tempting, but I passed on it.
The above is expired on 6-28-2024
https://go.robinhood.com/acats
