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.
This is the “seasonally adjusted number”. The actual estimate was +803,000. It is interesting that everyone accepts the BLS’s adjustments & no one offers an alternative.
The unadjusted numbers show that annually roughly 2.8 million quit thei…
Just saw this article on Barry Ritholtz’s The Big Picture:
inflation-car-insurance-distracted-driving-costs
Looks like Baseball Fan and I posted at the same time & he knows more than this Article. My auto insurance renews in June. My experien…
From the blog:Transportation costs remain stubbornly high (+10.7% over last year), with skyrocketing auto insurance rates being a major contributing factor. The 22% increase over the last year is the biggest 1-year spike since 1976.
Insurance infla…
Russ Robert’s had the author (Studzinski) on Econtalk. Mr Roberts said perhaps you should read the book first - so I shut it off. But it is on my list.
I just finished The Matchmaker: A Spy in Berlin - by Paul Vidich. A piano tuner in 1989 Berlin …
I thought the real offense (and tragedy) was that the company gave false results to individuals who then made life changing decisions based on that information. Those cases were dismissed.
“ a man, alleged that a 2015 blood test he'd taken throu…
Thanks for the heads up. Has anyone considered that if you were to sell (TLH) all your losses, when you re-buy you have just lowered your basis and will eventually pay more tax? My idea is that you need to selectively TLH.
Perhaps an example: I …
Clements says he has over-rebalanced stocks so that he now has 80% of investments in stocks. The other 20% is in short term bonds - which he considers a cash-like bucket - money he will spend in the next 5 years.
Mark,
Which ones do you use? I’m just curious, I have looked at these pages from time to time but really don’t see anything that is actionable. I mean, look at their #1 guy: https://stockcharts.com/public/1107832
I do see where he says “look at ch…
Thanks for the advise! Anna, your situation seems so unfair & scary.
I do some Roth conversions each year but every dollar is taxed & hit with the ACA penalty & might affect the IRMAA all in an effort to save on taxes when I am over …
@BenWP,
… Starting SWR prior to RMD may actually help lower RMD. Roth conversions early in retirement might also help lower RMDs. If SWRs come from tax deferred accounts they are a component of RMD. If SWR withdrawals are lower than RMDs, the remain…
Thanks David M. for the links.
Note, for retirees the paper quotes a higher SWR, 2.26% - “ For a retired couple willing to accept a 5% chance of financial ruin, the real withdrawal rate of 2.26% for today’s retirees drops to 2.02% for today’s youn…
Anyone know how “product” is sourced into this pipeline? I assume in Duluth/Superior but that’s not clear. Edit - I think Wikipedia answers my questions.
https://www.enbridge.com/projects-and-infrastructure/public-awareness/line-5-michigan/abou…
I don’t think this is what you are looking for - but interesting, none the less.
https://www.marketwatch.com/story/these-4-funds-launched-before-the-great-depression-still-deliver-for-investors-2017-01-07
Thanks! This statement (or 2) were informative. But also concerning that he sees investing as stocks or bonds not stocks and bonds.
“ How do you assess today’s investment opportunity?
We aren’t market timers, so I have no idea what 2022 returns w…
I calc a 35 year married employee is leaving with an extra $280,000 fund. No wonder they screamed. Of course, at most companies the screaming would not have mattered.
Sure it is (a crap shoot). Look at his conclusion:
“ Keep in mind that the 4% rule (or the 4.5% rule, or any X% rule) is a backward-looking observation that is meant to be used as a guideline. It is only a rule of thumb. It makes no promises or guar…
The Bridgeway funds are tried and true. Especially BRSVX & the micro cap fund BRSIX. I don’t currently own any.
I see these two have reasonable expense ratios but the other micro cap fund they run has a ER of over 2%! No wonder I’m in VBR.
FSRRX says it invests as follows:
The Fund seeks real return consistent with reasonable investment risk. The Fund allocates its assets among four investment categories:
inflation-protected debt securities,
floating-rate loans,
commodity-linked no…
100 bps = 1.00%
1 bp = 0.01%
https://www.investopedia.com/ask/answers/what-basis-point-bps/
Excuse the delay - so in the CNBC interview he says he has cut equity investment about 2%. Basically, no change, he is only saying he’s not finding value in…
I swear, in the CNBC interview, at 1:28, he says he’s lowered his equity allocation “100-200 BIPS”. What is that? The FT article says from 70% equities down to mid 50s. So, there you go, a BIP is 0.1%. Give or take.
FT cautions me not to copy & paste - so I say - note the last couple of paragraphs about a new
TRP division called T Rowe Price Investment Management (TRPIM), scheduled to be live next year.
Small changes true but electric generation will swing slightly towards coal this year:
“ We expect coal consumption for electricity generation to grow by 75 MMst (17%) in 2021 as a result of relatively high natural gas prices that make coal more com…
What stillers said.
OP --- silly question, silly answer, rich-enough couple writes in ... why? Mattress sale?
Otherwise clickbait --- nobody learns anything new, only confirmation of whatever.
I had to think about this - and I read YouTube commen…
I watched the Jason Zweig video. My takeaways include these slogans (?) memes(?)
Don’t make buys based on someone on the internet and expect them to also tell you when to sell.
Your results depend less on how the markets behave and more on how you …
From the article’s comments:
Alejandro M
11 hours ago
A quote from the article:
"She found five actively managed mutual funds that own none or very little of the tech megacaps. And while that has hurt recent performance, these funds have terrific…
Very interesting Bee!
As Malcom Forbes said years ago - “There’s more money to be made selling it than buying it”! It being mutual funds, in the case.
Re “the impending launch of a whole new series of funds from T. Rowe Price”
I have been very i…
Good article, thanks for posting. I was reminded of a book I read so long ago that I had completely forgot about it: https://geoffcolvin.com/books/talent-is-overrated/ What really prompted my recall is that he references the same story about Chris …
Here’s another one of these dire warnings about the amount of metals needed to transition away from carbon based energy.
https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions/executive-summary
I spoke poorly of Crescent, since then it has performed very well.
Just saw that Barry Ritholtz has all his podcast transcripts in one place:
https://ritholtz.com/category/podcast/mib/
I just bought boneless breasts at Kroger’s and got a good deal on bulk. It was buy one get two free - at full price - but after the 2 free, a good deal.
@billr: I did just what you contemplate. When I turned 66 and first filed for SS, ……. FWIIW, I continued to work until 70.
Hey Ben!
Aren’t there penalties / additional taxes on your Social Security if you also earn wages? I received SS when in HS a…
