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.
My parents have a slug of american funds in a capital group 403b. if I take their 25 years of investing in it and compare that to a risk adjust index portfolio its basically cost them about 100bps a year. some of that is because they are in R2 sha…
While I'm not much of a fan of American Funds since they became so large and FD came around, I do appreciate their management style and the ability to hover around their indexes while reducing risk in many instances (usually by including 8-15% inte…
The Legal List idea is kind of outdated now. It was replaced in most jurisdictions by the Prudent Investor Rule, especially after the Uniform Prudent Investor Act was adopted by most U.S. states starting in the 1990s. As Modern Portfolio Theory bec…
The Legal List idea is kind of outdated now. It was replaced in most jurisdictions by the Prudent Investor Rule, especially after the Uniform Prudent Investor Act was adopted by most U.S. states starting in the 1990s. As Modern Portfolio Theory bec…
I think the White Coat Investor's target market is not us. Its doctors and good gravy many of them need the help in the world of investing. anectodatally i know a few that a a 800 dollar course may have saved them millions. the one i'm thinking…
Somewhat off-topic, but there seems to be some selective price gouging going on out there. BoarsHead cold cuts should not be ~$17/Lb, for example. But they are.
We speak with our wallets, and some of us are either doing without or cutting back. …
the question would be what was their PE during real identified bubble periods...a bit mroe difficult to likely extrapolate.
I think technology has likely changed the markets and how bubbles are corrected. I obviously am not sure what that will …
@a2z:
You are taking a very slim part of the hour-long interview and seizing on it for a political rant. Your linked video belongs in OT. The problem here - you are distracting and detracting from the excellent content of the Ritholtz / Bernste…
One of my favorite documents to share with young investors that Wiiliam Bernstein published:
https://etf.com/docs/IfYouCan.pdf
I was the old guy in our department (early 40's) and a few of the younger 20 somethings asked me one time if i went to th…
testfolio is great and he adds new updates seemingly weekly.
PV really had that market cornered. I gladly paid 7 bucks a month but they bumped it to 30 and i was like yeah ok nevermind.
I fit Jared in the Grant Cardone camp of guru kind of. He's a smidge more down to earth, but these guys can't even fathom the 9-5, W2 worker lifestyle. Jared kind of tries though. but he is very much a "you have to look the part" guy. I think t…
Thanks.
It's good to hear Bengen.
His 4% initial w/COLA is a good start, or a good benchmark.
But there are many approaches - variations of Bengen's, dynamic approaches, increasing equity gradually in retirement, % withdrawals with or without re…
Again, OAKMX is a 5*, LCV fund that tracks well vs the S&P, beating it by 2% over the past 3 years, by 5+% over 5 years, trailing it by a measly 0.5% over 10 years, and beating it by 2% over its LFE.
I don't diss funds that do that, especial…
I owned it for about 8 years in a advised account until bailing in 2021. It was bad for those 8 years. went to a factor based international fund (to match my 401k) and never looked back.
my old roommate invests in 2 country based international funds. Israel and Poland. he's sworn to me for over 15 years I need to do so as well. Its basiclly matched a international index.
I personally use AVDE and AVEM from Avantis since 2021. …
I haven't been here long, but have been definitely surprised at the level of frothy political opining that has gone on.
It doesn't really bother me as i feel like i'm a grownup who can take it. and to be honest even in the fund discussion area …
Their platform stinks IMO so when people move and can't buy them without fees at other places, they get redeemed and moved into other options.
I also think there is something to be said about the "great wealth transfer" beginning. these are lo…
Again they are only available in specific retirement plans R1-R6. but outside that R6 is most notably used in their portfolio series and target dates although I suppose they could be available in other 401k/403b type plans as well.
still not som…
American Balanced has 19 classes!
NTF/no-load at Fido & Schwab is BALFX, ER 0.62%
Cheapest is Retirement R6 RLBGX, ER 0.25%
R6 shares are what American Fund uses in their Target Date funds which is why they are the cheapest to reduce costs on…
Any Balanced fund that limits its international exposure will have done really well over the past decade+. FPURX and VWELX are the 2 that I spent the most time looking at for my parents. had we moved them to vanguard or Fidelity that is what they'…
I am apart of a small group of people I got my business degree with. We largely talk investing and there was a big ARKK proponent in the crowd so to speak. So much so I got in May 2020 but got out mid 2021 when I wanted to move stuff around and la…
So I use M* through the chicago public library. I got a digital card by just signing up (i live nowhere near chicago ) and can use some sort of premium package that way (largely the things that are blurred when you just go there are not blurred any…
at my last gig, one of the younger people in my dept asked me if i went to the 401k meeting and if i understood anything that the guy said in the whole hour. I told them I didn't and gave them that simple "if you can" pdf thats out there by bill be…
My parents have an advisor who is about to retire. he said he'll take care of them for as long as he's alive (my father is clergy and helped him through some losses) so thats nice but he's 5 years older than my parents!
I know what they are inves…
Its a bit ridiculous. I was conversing with a few friends who are advisors and they were talking about how they are spending a lot of time helping their clients try and even begin to understand these products. and not because they want them to bu…
an advisor friend of mine was talking about how great these buffer products were for their clients. They use innovators but I'm like the outcomes since these became things have been awful. the 2020's have given us +18/+29/-18/+26/+25 market retur…
once the car is under 10k in value, i remove comprehensive. I always keep uninsured provisions in. your health insurance if it finds out its a car accident will want to know whose insurance should cover it.
IMO in the large cap space, i'm going to stick with the indexes. even if i'm goign to tilt one way or another.
I used to be DFA in a 401k but switched to AVUV when I left that job and feel its prudent to tilt small value.
RE: SCHD, I apprecia…
there are a few coworkers I know who have taken their 401k's to settlement funds largely fearing the end of democracy is nigh. one was concerned I wasnt' concerned. I was like didn't you do this in 2016 too? they said yes. I said you realize that…
JEPI was advertised pretty heavy on Morningstar, Bloomberg, CNBC in 2021. and then 2022 happened which sent inflows to the moon on this thing. /investing on reddit had gobs of 20 somethings building JEPI/SCHD heavy portfolios which was interesting…
The 401k is responsible for more millionaires than any other way of investing IMO. how companies manage their offerings is so different. Prior to the aforementioned gig, I along with the business owners son was tasked with finding a new plan as we…
There has to be a happy medium. allocations in defined benefit plans are too risk averse for the young worker. (this is changing I read where allocations to stocks in many state plans is growing. what was once the norm (a 30/70 stock/bond alloca…
I'm not sure a heavy LCG is super prudent but its understandable why someone wants it. Return isn't everything but I'm kind of the mind that if people are tilting LCG its largely return related. therefore prefer a LCG index compared to products l…
@mskursh.
"... the surviving focus/select funds that exist today or have long track records are standing on the corpses of many that have gone extinct..."
ouch.
"Standing on the shoulders of giants" is a metaphor I've embraced for years.
But cor…
I think it would also be fair to say that the surviving focus/select funds that exist today or have long track records are standing on the corpses of many that have gone extinct as with most of the mutual fund industry but probably even more so when…
i've got a bit of hodgepodge as I only have so many options in various accounts.
HSA - its at one place and use ETF's (I use an IShares allocation etf)
Roths - these are 7 funds in total (my FIL opened my wifes first IRA a long time ago and ther…
