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.
Reply to @MaxBialystock:
-Vesting method: 3 year cliff.
-Employer contribution: ZERO for years 1 and 2. After that, 100%. (Again, 100% of... WHAT?!)
You need to talk to HR or someone that has been already contributing to the plan and knowledgabl…
Reply to @MaxBialystock: This is the perfect time to consolidate your accounts at a place like Fidelity or Schwab. It makes it so much more easier to watch multiple accounts under one login. Once you do that you will ask youself that why haven't you…
Reply to @ron: Most young people no longer carry a watch. Since most people carry a phone and watch is build into the phone (and automatically updated), watches and watch making is slowly being relegated to history.
Generally when there is 'apparently without reason' it is time to check fund website for a distributions. It is year end distribution period. Your distributions (if any) should show up in your account in 1-3 days.
http://www.calvert.com/newsArticle…
Reply to @MaxBialystock:
There are two reasons to contribute:
1) It enables you to lower your current tax liability.
2) You should strongly consider investing in 403b if the employer is contributing to the account as well. You should contribute e…
Reply to @hank:
PRAFX is TRP Real Assets fund. It's not a floating rate fund. I would consider High Yield to Floating Rate as a reasonable change but the fund you have quote, PRAFX is a very different animal.
Swiss watch, framed art... Enjoy them but they are not cash equivalent and certainly not very liquid. When you are on short order to raise money you may get far less then what you paid.
Max,
There are different types of annuities. The retirement products provided by insurance companies typically wrap mutual funds in an annuity in a 403b 457 etc. That means in addition to mutual funds you will be paying some wrapping fee. Now, it w…
I had both but now only have MAPIX. I think while the design of the portfolios are somewhat different, the external risk factors are effecting the portfolios in similar ways so the end result is looking pretty similar. Could they behave in a differe…
Reply to @Ted: No, D shares are widely available at the regular retail channel. The R shares are typically found in 401k plans and lower cost. But even the retail D class is cheaper than your C shares. You can easily buy D shares at Fidelity for exa…
A Q&A at PBS regarding some of these strategies: http://www.pbs.org/newshour/rundown/2012/12/ask-larry-how-do-i-get-more-social-security-from-my-ex.html
Political ranting everyday is turning people off. They have become too political in their rhetoric.
They should concentrate on bringing business news and investment info for the 98%. There are far more regular investors than traders. If they only …
At this stage, I keep both ARTHX and FMIJX as well as my old position at ARTKX. In addition, I've got token positions in GPGOX and GPIOX.
However, recently incremental monies went to ARTHX. Yet, by largest positions are in ARTKX and FMIJX.
David, you have been very busy this past month. Thank you very much for ARTHX write-up which I requested a while back. I personally invested in since then and had good results so far.
This was a mis-managed company and management made bad decisions and it is also unfortunate that union did not want to take concessions. Jobs lost...
Hostess will not survive but Twinkies will be purchased by another company and will continue to b…
Reply to @fundalarm: Can't he open a taxable account at Matthews Asia funds? If this is possible he can open an account and buy the same fund he has in IRA in taxable. Next transfer his Ira to the place where he can buy the taxable bond in IRA. Othe…
Reply to @MaxBialystock: You can do a swap. Sell equity in your tax advantaged account and buy in taxable account. In reverse sell your bond fund in taxable and buy in tax advantaged. After the swap you will have same ownership but in the right acco…
Reply to @MaxBialystock: I think holding high income throwing funds in taxable account is not tax efficient. If you have the capability hold these in IRA etc.
Reply to @fundalarm: but your action is different purpose than discussed. You are not making a decision solely based on tax implications but based on anticipated market performance (timing the market)
Reply to @bee: It temporarily could create some volatility but they will be buying back again right away. It is not like selling and going to cash. It is realizing gains now and maintain the same asset exposure at a higher cost basis to pay less fut…
There are two different strategies that could be employed.
1) Start with all equity at young age (or a long time before target) and over time reduce equity exposure.
2) start with a balanced portfolio and pretty much maintain the same balanced al…
I personally think that those Cayman corporations will cause problems and will be the base of some scandal one day. I agree they are a sham designed to bypass restrictions.
Reply to @MJG:
If you want active management, it makes sense to seek high "active share". However, having high active share simply says the fund is different than the index and fund manager purposefully went out and actively selected non-index com…
Could not read the full article but I believe the one posted at M* is the same one.
http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=158835.xml
Reply to @BannedfromBogleheads: There is no point discussing with you. I've already addressed your arguments in previous posts. I suspect most people on this board will be agreeing with my line of thinking.
I wish you good luck with your own portfo…
Reply to @BannedfromBogleheads: The volatility you refer is not of cash but the check for which you are seeking cash.
In fact, it is not even volatility. It is liquidity risk. Yet, we are not concerned that much as we can delay 1 day easility (not …
This is interesting. The reasoning given is that WisdomTree has developed their indices independently. Well, for patent infringement it does not matter if it is developed independently or not. It is either infringing or not. It looks like they weigh…
Reply to @BannedfromBogleheads:
So a portfolio that halves in value when you don't need the money and quadruples in value when you do need the money is, despite its volatility, an undeniably less risky and superior portfolio and anyone that believe…
Reply to @MaxBialystock: the bonds in their portfolios mature or called every so often that in 90 days most of the portfolio would be in cash unless they buy more. So turnover in this case is inevitable. Bond funds typically have higher turnover tha…
