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?
No, not international at all, but LV; buys and sells monthly within the SP500 according to rules involving valuations.
Oh sorry, for some reason I saw the letters and thought of the European version. I must be getting old. Hell, I've owned DSENX for…
The hope that CD's would continue to rise so that you could build a nice ladder is quickly becoming a pipe dream. The best rates at Schwab right now are the 3-6 month CDs at 2.3?. To get anything better you have to go out 10 years!. The MM is down t…
I'll never buy a PM or miners fund again. Way to volatile for me. I remember my early days here on the fundalarm site (2006-7 'ish). PM and commodity funds were the rage topic and I took the bait. Group-think funds as Junkster coined the phrase. I l…
Wow, I read through this post again. I remember it. A blast from the past. Thanks cristinaperry for bringing it back.
As for gold in 2019, I'm sure opinions would be similiar. I see gold as a play, not a buy and hold investment. I started a "play…
I also agree that it's not so much what you own when the storm hits but what you do to weather it.
I disagree with this statement. Storms (pull backs) hit all the time. You can't react to every storm. It's the one that settles in for a time (the …
@hank
If your equity heavy portfolio falls by 35% during a 3-year bear market while you draw from your cash reserves, do you really want to start selling your equitiy heavy portion as soon as the bear ends?
Yes.
Say your equity portion is still down…
In retirement, my plan is a 3 year "withdrawal" bucket which would be mostly MM and CD's and possibly a short term bond fund. Replenish each year if the markets up. Wait to replenish if the market takes a nosedive. Nothing magical about 3 years, tho…
I actually took the bait on interest rate hikes back in late 2017 early 2018. Bought a TIPS ETF. Didn't stay in to long. Came to my senses and figured I would leave that decision to educated fund managers. I now believe rates will drop before they r…
Right on @Old_Joe. Though I like the morning and night summaries by Ted, posts that generate discussion always beat links. I will never understand the "I posted first" mentality.
Enjoy Ireland @David_Snowball. My wife and I stayed in a castle which was also a golf club somewhere on the West coast back in the late '90s. Guinness was MUCH better there than here. I think we were North of Shannon not to far from Galway. Hard to …
Africa has a population of 1.2 billion, with median age 18.
Europe has pop of 740 million, with median age 42.
Where would you invest?
My choice would be European Senior Living, Pharmaceuticals and Health Care.
@johnN, Ted posted an interesting article from Vanguard that is worth reading on that subject. In a nutshell, International, which I assume includes EM, should outpace US over the next 10 years, 8.5 to 5 percent. So, seems like over weighting inte…
@Edmond, my opinion is EM is one of the categories where returns will be better with a managed fund. Just my opinion, but also everything I've read agrees with that thought. Actual results will only be known 20 years from now.
My biggest argument …
Ought to have mentioned that this new 50-70 fund would be for a young relative, just graduating high school.
Then a 50-70 balanced fund might be the last category I would choose for a young kid. A Total Stock Market fund is what I would put a young …
Hi @Crash. I know you like TRP (so do I) so what about RPBAX?
I would also consider looking at retirement funds that are more diversified than the typical 60/40 domestic balanced fund. Should give a smoother ride (maybe) and you won't have to worr…
Lastly, I couldn't find a specific listing for the symbol, WTF
I've had a lot of funds with this symbol over the years @catch22, as in WTF did I buy this fund for :)
A few things going on in my head I guess. One is a post from a few weeks ago with…
Doesn't make sense to me to leave a very successful fund manager because he's getting older. Why not let performance guide you? There has been no drop off there. Rank in category, 7 in past 3 years, 2 in past 1 year, per M*.
Ted, I actually like the fact that you give a variety of articles. I read very few but hey, it keeps the board active. But not sure your statistics are flattering. That's about 20 views/post on average. Most likely that is skewed by a small percent…
@Hank, TRP has offered "static" type funds for some time now. For example, they have 2030 (or 20-whatever) target date fund and 2030 retirement fund. Target date will change portfolio balance as it nears your retirement year. 'Retirement fund' never…
@Derf, no mutual funds, all ETFs. They use mostly their own. Out of 20 ETFs in the portfolio, 14 of them are Schwab. There are a couple others, Vanguard, ishares , Vaneck.
I don't plan to make any changes right now. I've held it for about 3 years …
Hi @Derf. I think you mentioned before you might invest in robo. Here's a few numbers from my experience that might help you. Just to qualify, the robo is about 62% diversified equity, about 22% bonds, 12% cash and 4% in gold.. My self managed moves…
Miners are pretty volatile @Hank, as you know. Why not just speculate with a gold ETF? A little comer and should make money when the world falls apart.
I see in M* that there are 2 co-managers working with Akre. With Charles up there in age, maybe he made his succession plan with the one who stayed, John Neff, and the other got pissed off.
best presidents EVER (our last presidents Obama, the Clintons the Bushes)
You need a history lesson if you are picking these as our best presidents ever.
Congrats on your coming retirement Art. I'm about there myself, but will probably work part time to ease into retirement.
Over the last 5 years or so I've simplified my self-managed portfolio to about 8 funds that I feel good about. That's 1/2 the …
For me, I have, for the most part, through my many years in investing, trimmed my equity positions into strength and expanded them on weakness. As to old saying goes ... buy low, and sell high.
I don't disagree with this comment, but a different arg…
Time will tell if they really follow on these. They may even pass some laws to please US etc but leave them largely unimplemented.
It doesn't really matter if China follows through or not. This is really about fodder for the next election.
I started Medicare in January @Crash, and you are right, it can be confusing with all "the parts". Still not sure I understand everything, but to simplify it in my mind signing up for Medicare is getting the basics, part A hospitalization coverage a…
I've thought about trying out for the Senior PGA Tour in retirement. They make pretty good money too. Biggest thing holding me back is they don't allow beer on the course while playing. That and my 18 handicap. Oh well.
