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davfor
Thanks. She is well now and back to her daily volunteering.....
Thinking about VWINX and interest rate cycles got me to looking at the 1970's. VWINX struggled during 1973 and 1974 as the Fed was tightening and the stock market was declining. (Nixon resigned towards the end of 1974.) Patience is sometimes requ…
I had a dream (or was it something I read?) that convinced me it was a mistake to fully close out my position in IOFIX in January. So, I woke myself up enough to sell some PONDX and some PTIAX and buy back some IOFIX. Now back to SNOOZING...hopefu…
It looks like the chart @Ted mentioned is at the start of this link...
http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/
@jlev FMIMX might be worth a look too at this point in the market cycle if you are thinking about a long term holding...it currently holds about 20 percent in cash....
@Old_Joe @DavidV Good point to circle back to. Management of an account such as the one being discussed will probably be a multi-decade job. So, its important to focus on that topic. A quick check of the Fidelity website indicates that consul…
@DavidV
I must have been writing my comment above when you were posting your questions. The cash is left in her brokerage account for use as needed -- mostly for monthly release via checks to pay for living facility expenses and supplemental in-ro…
My previous comment mentioned the need to consider reasonably foreseeable increases in medical expenses. This item is meant to include any reasonably anticipated transition from independent in home living to assisted in home living. It also includ…
FWIW
I have been handling the brokerage investment account for a disabled sister for almost 20 years. Periodic withdrawals from that account together with SS (previously SSDI) have been her only source of income since her husband passed away sever…
@willmatt72 Yes. I found this excerpt particularly amazing (Talk about a conflict of interest!):
"At the Baron fund family, the fee oversight is complicated by the fact that Mr. Baron, the largest shareholder in the investment company and the man…
Happpppy New Year To All!
Results from January 1 portfolio checkup: EM Stocks = 7%, Other Foreign Stocks = 14%, Domestic Stocks = 29%, Bonds = 37%, Cash = 7%, Other = 7%. Note: Small caps = 18% of stocks.
January changes starting today:
Sell A…
@LewisBraham I liken the higher fees to "insurance premium" payments. Only time will tell whether those payments will get recouped during the next major downturn and the early part of the subsequent recovery. (Is the fine print permitting non-p…
@MikeM
On the other hand, rather than rebranded beverage companies, maybe something along these lines is a place to look.....
https://www.bloomberg.com/news/articles/2017-12-26/blockchain-pumping-new-life-into-old-school-companies-like-ibm
FTVNX is a new mid-cap value option that won't immediately suffer from some of the potential pitfalls @expatsp mentioned above....how well the strategy translates into more widely followed stocks is another question. David Potter from UBVSX is one …
@MikeM
FWIW
The distinction between blockchain ( https://en.wikipedia.org/wiki/Blockchain ) and one use for it -- crypocurrency (bitcoin is an example) -- is important.
There are already practical uses for blockchain records -- here is an examp…
@MikeM
Maybe rebranded beverage companies are the way to go!
This week, two beverage companies—Long Island Ice Tea Corp and SkyPeople Fruit Juice—saw huge stock gains after renaming their companies with cryptocurrency terminology.
https://qz.com/…
@davidrmoran Yes. For this new "portfolio at the margin" of my overall portfolio, AOM probably provides a decent benchmark. For my overall portfolio, I am using the following this year:
FSTVX 30%
VXUS 20%
VBTLX 22%
PTIAX 22%
RPHYX 6%
T…
@bee Interesting observations. My hunch is the most likely outcome for China is that they will continue to muddle through -- at least in the short to intermediate term. But your concerns make sense to me. Andrew Foster shared some interesting th…
@AndyJ Yes. There was an overall nod in favor of developed ex-US. In that regard, I am currently considering increasing my overall allotment to foreign stocks by a few % in 2018 via a chicken little approach and have set up a chart to track FMIJX…
@VintageFreak
This fund has been in my portfolio since 2015. Watching to see what happens with current fund management and holdings makes sense. Polen Capital executes a specific process. The remaining managers know that process. The firm has b…
@Crash
Here is a response from TRP that was recently posted to the M* forum site:
"This being Nov 7, I checked on the status of this fund with TRP today. I was informed that the inception date has been postponed to "the middle of next year". Vag…
This is a worthwhile look at where we find ourselves in the U.S. and in the world and of some of the biggest challenges we face. Thanks for the post...
A single is fine for that time horizon. I'd go with RPHYX or ZEOIX. I plan to put half of the proceeds from the sale of a house into RPHYX next month. I plan revisit that investment towards the end of the year....or if there is a substantial mark…
I am reminded of Adam Smith's invisible hand when reviewing data such as this. The investment world is complex and constantly changing. There are many intelligent and highly competitive players. This report again suggests that outmaneuvering the …
My portfolio focuses on actively managed funds. I doubt that will change. But, the timing aspect is interesting to me as we will be listing a house for sale next week. Selling that house will generate a chunk of cash available for investment. It…
@VintageFreak I had to right click and open the image in a new tab to get it to work. Right clicking and copying the image address to a new tab also worked....
I had to pause my ad blocker on the linked page to get it to run. @Crash -- you might want to try that if you use an ad blocker.... a short ad needed to run before the interview. But, the interview made it worth the wait....
@Crash I'm with you. Ever since Suzanne began to be heard on the radio, he has been on my short list for favorite writer of popular songs. Bob Dylan is right up there too.
Hi bee,
Thanks for the link. A few weeks ago I read some junk bonds were trading with negative yields in Europe. How can that make sense as anything more than a short term trade?
Hi @Dex
As I mentioned above, the article got me to thinking in new ways about some of Trump's proposals. I hope that over the course of the campaign the points the article raised get looked at in additional detail if he remains a top contender. …
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I don't care what you think about Trump or the others - why should we can about what some random person writes on a site?
This article got me to thinking in new ways about the possible economic impacts of several of Trump's proposals. That is use…
@vkt This is interesting. Thanks for sharing. Could looking at the correlations between your RARE ratings and current 3 and 5 year measures for common statistics such as the Martin and Sortino ratios help to clarify what new information the RARE …
