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you can drag the right edge of the slider to specific start and end dates. ... I am correct ... sliding the right edge towards the left of the screen produces exact date ranges
Sliding (dragging) the right edge toward the left changes the end date…
You're right about my confusing $ and %.
(BTW, one drags the left edge of the slider to specific start dates. Editing errors by one and all :-))
My point about setting specific dates was not that you couldn't do this with the StockCharts slider (…
It not just NYC's geography that's unusual.
Years ago I worked in a company that, in part, developed classification systems. They would give as an example of a simple hierarchical system: state contains county contains city. (The company was bas…
Vanguard now reports YTD (10/29) of $1.75, StockCharts reports $1.73, and M* reports $1.75. That's more than yesterday's penny's worth of rounding error. While I appreciate that real investors care about real account balances, I consider the fund…
When I want to compare two funds in M*, I go to a legacy performance page for a fund, add other funds (one at a time), and get tabular comparisons. Not only how well each fund did over standardized periods, but how much better (or worse) the refere…
We agree that StockCharts is wrong. Vanguard showed 1.71% (it now shows 1.75% through 10/29), and Vanguard is the authoritative source.
If you're clicking (interactive chart) and clicking again (YTD) at M* to get YTD data, it's not surprising tha…
M* Premium Fund Screener:
(Fund Category = Bear Market)
and (Distinct Portfolio Only = Yes)
and (Fund Name not like %ultra%)
and (Fund Name not like 2X)
and (Fund Name not like Inv)
That cuts the fund search down to a handful (5). …
One simple example - get a quick comparison/filter of bond funds that made over 2.1% in 2013 (generally a down year for bonds).
The screen tells me that the main type of bonds that that did well was junk bonds: 39 bank loan funds, 139 HY bond f…
I'd rather just list three features that I find useful and leave it to you to see if they can be found elsewhere. Premium fund screener, analyst reports, and portfolio tracker. Part of the reason why I like the features is simply familiarity. …
Morningstar shows tax cost ratio for funds on their "Price" tab (pun not intended). It's on the right hand side in the lower block of data.
See here.
The tax cost ratio is 0.03%, meaning that on average, over the past three years, you lost 0.03%…
@WABAC Thanks for the reply. Belated or not, always appreciated. I'm not going back to check but I think there may have been a brief "glitch" in DODIX. Not fumes. If so, it shows why I don't have a quick trigger finger. It can be worth stick…
Out of tax considerations I also decided to take a modest 2020 distribution from the Traditional side, even though that was not required in 2020. Didn’t need the money. So it went into Price’s PRIHX - a “limited term“ HY muni fund that I think is pr…
Over the long term, I don't think hedging makes a big difference. But since it adds a cost (albeit a small one), I tend to avoid it. On the other hand, it should make holdings less volatile. Values can fluctuate because of share price changes an…
I believe the age for distributions has been moved up. I got screwed again !
Not as much as you think.
Someone born between Jan and June in 1951 would have been required to start their RMDs in 2021 (age 70.5). Now they can start in 2023 (age…
The inflation rate is critical in the calculation when future value or purchase power declines every year. For now the assumption is 2% annual inflation. Can you imagine it gets larger in the future? An amount of $1M is not likely to last 30 years…
By happy coincidence, John Rekenthaler had a column a couple of weeks ago in which he provides similar year-by-year calculations for the same reason as I did above, viz. that seeing all the details year by year helps to understand what is going on.
…
If I understand it correctly, when the mortgage is new, then the mortgage payments are mostly interest. But if this is a fixed rate 30 years old mortgage, and only few years left to pay it out, then most of the monthly payment are for the principal…
Some attributes that you've mentioned or implied:
hedged international
utilities
value leaning, mid-to-large cap (TBGVX was midcap until drifting into large cap)
GLFOX would seem to check these boxes. A value leaning, 3/4 foreign, hedged fund, si…
Contribution limits are generally the same for T-IRAs and for Roths: $6K (or $7K for those age 50 and above), not to exceed your compensation. That's a combined limit, i.e. you can split the amount allowed between Roth and Traditional.
There is a…
My results, which are not accurate as yours came up pretty close after 22 years.
The ending size of your portfolio is $876K nominal, $543K real. The size of the portfolio resulting from Bengen's scheme is $1.366M nominal, $847K real. These two …
Both are close...Mine=$876K...yours=$847K.
I ONLY CARE about numbers adjusted for inflation.
If you ONLY CARE about numbers for inflation, you might stop saying that your number is $876K. Adjusted for inflation, it is $543K, which amounts to a 2.…
There are certainly some excellent funds that have beaten, and have a reasonable shot at continuing to beat, market averages.
Unlike a portfolio that one invests in for a decade or more without touching, these calculations incorporate periodic with…
There are certainly some excellent funds that have beaten, and have a reasonable shot at continuing to beat, market averages.
Unlike a portfolio that one invests in for a decade or more without touching, these calculations incorporate periodic with…
You can see that my assumptions end results are pretty close to yours.
Remaining portfolio:...Mine=$876K...yours=$847K.
I wrote: "At the end of the 22+ years, it [Bengen's model, not mine] shows a remaining portfolio value of $1.366M, or $847K in i…
Interest (I) = Principal (P) x Rate (R) x Time (T)
I think that's a formula that everyone can agree is correct whether it is applied to a 0.01% checking account, a variable rate savings account, a fixed rate CD, an inflation-adjusted Series I savin…
The idea in using historical data is to use historical data. One doesn't input one's own hypotheticals. In particular, one uses actual inflation rates (which PV supports).
Also, the idea is to reproduce Bengen's scheme, not introduce one of your …
It's the usual academic argument. One considers volatility not really because it is "risk" but because with leveraging (or deleveraging, i.e. underweighting) one can achieve virtually identical results using any investment having a given "risk ad…
Note the word "immutable". Market returns of 20 years ago do not change as they are reexamined.
On the other hand, yesterday in the history course I'm taking, we discussed how various reports and analyses on the Rwandan refugee crisis of the mid…
>> I wonder if he still feels this way.'
One's "feeling" about immutable historical numbers does not change. Though one can add more historical data as time passes. What I illustrated is that today, all the historical data, including th…
The results are all historical. The latest current 30 year period is Jan 1990 - Dec 2019. The last 30 year period in 2008 was Jan 1978 - Dec 2007.
No need to wonder. Just check whether any of the following additional periods would have failed…
The correct link:
https://www.financial-planning.com/news/moving-money-from-ira-to-hsa-the-only-time-it-makes-sense
As the article says, unless you're cash strapped and have medical costs exceeding what's in your HSA (plus taxable cash) is this wor…
Michael Kitces is my favorite writer: a better choice is to start with lower % in stocks in early retirement years and increase the % with age.
As I've posted before, this work by Pfau and Kitces work breaks down when rates are low. Dr. Pfau ackno…
Legg Mason Funds (including Clearbridge and Western Asset, but not Brandywine, Royce):
https://www.leggmason.com/content/dam/legg-mason/documents/en/tax-information/capital-gains-distribution/lm-2020-year-end-distribution-estimates.pdf
JPMorgan Fun…
4,500-kilometre (2,800 miles) high-voltage direct current (HVDC) network.
This shows how far behind the times I am. I had thought (and it used to be true) that AC was better than DC for power transmission. From National Geographic, 2012:
An up…
if you've won the game stop playing.
Ah, the Suze Orman approach to investing (circa 2007): Do you enjoy spending money? Oh, yes. My greatest pleasure is still flying private. I spend between $300,000 to $500,000, depending on my year, on flying …
We’re the only state (other than Hawaii) that consists of separate land masses separated by water.
If you're going to throw in islands (Hawaii), then you should also include New York. Almost 40% of the state's population live on one island off t…
My original point was that for a long term investor, total cost of ownership is less if one pays the $75 fee up front. No argument that all else being equal, paying a fee to buy a fund with a lower ER comes out cheaper in the long run.
But some p…
