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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
@VintageFreak, when @Simon says the bull market will last another 15 years I believe he refers to a 'cyclical bull market'. A confusing play on words I think. There can be numerous bear markets within this cyclical bull.
I'm with you. We are do fo…
@hank, I subscribed to Kiplinger for a longtime, maybe 30 years, and it was always pay a year or 2 or 3 upfront for the subscription and then it ended. They would send warnings that your subscription was ending and offered preferred pricing before i…
I agree with what Lewis said. ZEOIX doesn't fit for me because the TF makes it restrictive for liquidity, unlike what I want from a MM fund or a cash alternative. The restrictions defeat the purpose in my opinion. I will get my foot in the door with…
Thank you David, but not available yet at Schwab. I'll keep trying.
1.This fund is closed to new investors. Only accounts which currently have a position in this fund may place a buy order at this time.
Hi @hank, I have some memories of that time too in the manufacturing world. That quote from US businesses and schools, “I don’t get it”, was exactly the reason Japan was beating the sox off US manufacturing at the time. Toyota was heads and tails be…
FWIW, Schwab lists PONAX with a net exp ratio of 1.45% It also shows it has a 12b-1 expense of .25%. So I have know idea what you would end up paying. But, I haven't owned it for a few years so don't care.
I started this thread to emulate some very successful threads on M*
On M*, bond threads did not have to compete with a large number of threads on other topics and subjects.
On MFO, lurkers and readers need to determine if a thread is worth investing…
I picked up a 9 month CD at Schwab at 1.65% in Dec. Yesterday i bought another 9 mo. at 1.75%. I'm trying not to extend to far out. Maybe CDs are starting to creep up again(?) hopefully. In any case, better than the Schwab MM which I think has drif…
I do have to smile a little when anybody brings up the mysterious black box of DSENX. Oh well, don't own it if it bothers you so much. It has been doing just fine for me though. If I were to try and figure out how funds like DSENX, PRWCX, AKREX, IOF…
I like your comments @FD1000, especially this one:
7) Don't collect funds, the max funds you own should be under 10 and your best ideas
I don't know if
Soooo depressed. Our second year quarterback can look fantastic in one half and play like a rookie the next. But, hats off to Deshaun Watson. Unbelievable play at the end. Maybe next year... if Brady retires :).
There is a public interest in promoting saving for retirement. We want to keep people, especially retirees, off the dole. So Congress crafts laws accordingly. What is the public interest in giving heirs special tax breaks?
@msf, +++1
@jafink63, the category natural resources and energy is what went down hill, not the fund itself. I haven't owned it in over 10 years, but PRNEX is a good fund if you want to be in that space.
Yes, thanks @Derf, playoffs twice in 3 years! It took them 20 years to stabilize the franchise. A swinging door of bad manager and coaching hires. But that changed when the owner got it right and was able to hire the general manager and a head coac…
@Crash, if you like TRP, why don't you open a brokerage account through them? Or do you have one already? If so, these funds may be bought through them just the same as an account with Fidelity or Schwab. I'm confused. In my opinion you have made i…
@catch22, let me repeat, tax deferred accounts were never meant to be inheritance vehicles. They are for YOUR and your spouse's retirement!. If people, mainly the rich, have been using loop-holes to hand off inheritance tax benefits to heirs, it is …
Catch, I don't see anything wrong with the post. In fact some good advice I think. Probably the same advice there as here in the US.
She ties her suggestions together with closing statements. Basically giving diversification options.
As always, th…
I've always thought it is less important which individual funds you own than how they all fit together in a portfolio. I would like to see upside and down side results for a portfolio of Great Owl funds (which I presume are funds with the best up-do…
...whatever happenned to leaving something to beloved heirs?
@BennyB, not a thing. But what does that have to do with paying your fair share of taxes, even after your dead? If you don't you are essentially screwing the system which ends up screwing …
I have nothing to add beyond what ETFs you have already @davidrmoran, but out of that list GSY sure looks good when plotted in Portfolio Visualizer. Very impressive Sortino ratio.
I added money to my gold play a few days ago. I was waiting for another trend up after gold stagnated for the last 3 or 4 months. I expect IAU to do well again this year in a very volatile equity market. Last couple weeks it looks like maybe a new …
I can appreciate you wanting extra benefits for your nephew, but in general I don't think it's fair to all tax payers that people are able to to pass on tax free money to beneficiaries without tax consequences. That's tax deferred money specifically…
@BennyB, just curious, what item of the Secure Act disgusts you the most? Everything I see on the list below I think is a good or at least a fair thing for IRA investors.
1. Eliminates the age limit for making traditional IRA contributions.
2. Inc…
2019 was very much a good year but it definitely was set up on the heals of a terrible end to 2018. If you measure from the 2018 S&P 500 high, around Sept. 21 2018, the market really only climbed 8 or 9% from that peak by the end of 2019. Just s…
Agree @msf. Not how anyone wants to live out their life but likely how most will, given the savings numbers I see and the political bent to protect the rich (not political, just the facts). Thanks for all your analysis and information.
People making $33,706 a year will never have the ability to save 15-17.8% and still pay their bills. Saving 5-10% would be a hell of an achievement IMHO. So with that, Fidelity answered the question, NO.
@johnN, here's a suggestion, the best and easiest way to convey what is in the article you are posting is to copy/paste the 1st paragraph. This is what Ted used to do. For example on this one:
Flight to quality describes how investors react and ma…
ZEOIX has been on my wish list since 2014 when I wanted to find a low risk fund with similar risk-reward characteristics as the closed RPHYX. David did a nice review of ZEOIX back then and I know he has talked highly of it in interviews. Problem fo…
I cut my gold investment, IAU, in half in early November. Mainly because rate hikes were being placed on hold and it felt like a recession was now pushed further in the future. I bought in Dec. '18 because of political turmoil, rising rates and the…
@Sven. I've held SFGIX since it opened. Owned his growth and income fund, MACSX, before that. Foster's writing is compelling and hopeful and I'll keep holding his fund as a less volatile EM option for diversification purposes. But I'm not a hot fun…
I've been subscribing to Barrons the past 6 months or so. I like it a lot. Just finished reading this article in my paper copy. It was a very good article about the man himself, not self promotional at all. No suggestion that any one can do it.
Thanks @Derf. I will check that out. I would like to think they are no longer insignificant, which has been the case for all the teams stuck in the Belichick-Brady division the last 20 years. A win tomorrow would go a long way to help their cause (a…
You are exactly right @hank. There is more than one way to do the withdrawal thing and it comes down to feeling comfortable in a down turn. In my case the 3-4 year safe-withdrawal bucket is less than 10% of the total portfolio, so making that bucket…
