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?
Thanks bee. I will read later. I actually might be interested, at least in the concept. I've thought about the possibility of an immediate fixed annuity when retiring. These income pay-out funds may be a better option though certainly they will be m…
@bee, I haven't read the article yet - plan to tonight, but you are showing the target date retirement fund, not the income fund. The income fund is TRLAX and it is very new. Not a lot of data. In fact M* doesn't even have a portfolio breakdown. I …
A couple of key elements are missing from this so far, like equity/bond weighting, if strictly domestic and what equity cap size. It does talk a lot about investments in more risky bond types fwiw. Anything TRP is worth watching in my opinion.
MORE…
@bee, a possible 3rd and 4th option for replenishing the 1-3 bucket is 1) any year where your growth bucket(s) have returned "x"% over inflation or 2) any time stock valuations (PE's) are "x" above predetermined averages (similar to the old_skeet me…
Interesting @bee. I think as I age I have similar risk reward confidence in my allocation funds and I've tried to build around that allocation core with a mix of equity and bond funds. And with those funds the trade off between risk-reward is always…
I rolled most of my TRP 401k over to an IRA at Schwab in 2014. I forget what Schwab's promotion gave me to do so, $1500-$2000 I think, and there were no taxes.
He's had an effect on what I post in the new threads category. ... I passed on posting... attacks by Ted probably do more to turn off visitors than anything else... not wanting to get into a "spat"... Hence the problem.
If Lewis or Maurice or ca…
...you feel these topics are somehow superior to/of more value to readers than the typical run of the mill posts here?
@Hank, I think you missed Catch's point or at least it sounds that way to me. I believe Catch is saying he, and many of us, are t…
@Old_Skeet , I am a fan of the AAA International League and my Rochester Red Wings, but my hat is off to your Bulls. Great record in the 2000's.
A little history on the Governors Cup:
https://en.wikipedia.org/wiki/Governors'_Cup
https://www.usatoday.com/story/money/2017/09/11/how-defend-yourseafter-equifax-data-breach-credit-report-freeze-strong-defense-against-identity-thef/654065001/
I didn't known about this "freeze". I think I will freeze credit access to my report tom…
So, with this wake-up call and all the posters here who have given first hand experiences with identity theft, what are peoples plans on what to do in the future. Free service from Equifax seems like placing a finger in a leaking dam. Your informati…
In the stock world, my play money, I trimmed a little from a Chinese holding, BABA, Alibaba, up 90+% this year (sometimes you get lucky) and also trimmed V, Visa, which continues to do well, but for the same reason - profit taking. Put in a limit or…
@Hank, here is an article on PRMTX suggesting the fund can be purchased direct from TRP which I believe you deal with. Other brokerages are questionable. I do see it is available NTF from Schwab FWIW. I see no specific wording anywhere that it plans…
@Old_Joe, I think you described pretty well what I do. At 63 I'm still working, so I don't need to hold cash to live on. So monitoring my "investment money" really, for me, is my 401k and IRA combined. I have cash in a money market for rainy day pur…
Agree that old_skeet's return #'s are confusing though I don't believe he is trying to mislead because he has stated this fact before. But I don't always remember that fact unless someone brings it up.
But I will say that, for example, if he has 20…
@catch22, your writing style is often hard to follow, but does the statement below mean you are not participating with MFO anymore? I hope that is not the case.
You started with a comment on directing friends to MFO but end with this:
Getting close…
I thought this was a very good article and for some reason the first thing that came to mind when I read the below statement was @Old_Skeet. Skeeter, your discipline on investing is admirable and has proved to be profitable for you. You sharing your…
My cell phone feels like a toy. Money is serious!
Love that comment @Ben . I feel the same way.
For better or worst, all my transactions are through my home wifi connection or some times my work PC, both lap tops. I would never open my accounts…
Hi @bee. I think I know exactly how you feel about simplification. At a certain point I had to admit to myself (maybe age has something to do with it) all my efforts towards building the perfect "team" of funds, though fun at the time, the effort wa…
Keep on posting @Maurice. I think insecurity runs deep, no matter what age.
@Ted, your contributions are notable. Not sure why you try to defame others.
Always optimistic about the Bills in preseason @Puddnhead . Rex Ryan and his group destroyed the defense over the last couple of years, but I can already see improvements with this new coaching staff. Big problem, the passing game sucks. I will alwa…
My perspective is that I'm disappointed in what they have Trump has done and I'm thinking they Trump did let us down making tax reform harder.
I believe "they" followed a moral compass which is much more valuable than a little extra money in our po…
I started reading through the link Ted supplied on Here's what M*'s Mutual Funds Discussion think of MFO ! . Hard for me to disagree on some of their observations. I don't read M* discussion boards at all, but I see where they are coming from on the…
BobC said: Unfortunately, this will limit the search considerably, since most fee-only advisors/planners choose not to belong to NAPFA, above.
That may be true Bob, but if I type in the Columbus Ohio area, there are almost 25 advisers to choose from…
If your friend is most interested in getting his financial house in order and piece of mind that results from that but not being saddled with continuous payments to an adviser, a fee only adviser might be a good option. He/she can continue that advi…
Raising rates on long term customers is a method used by all insurance companies. In fact, I found shopping for auto insurance, even within agencies having the same big-company affiliation, they had could have different quotes.
I was with the same …
I never know how to define 'core holding', but I guess PONDX is a fund I have faith in (faith in the manager). I'm in it and I tend to stay in it because it is to me the best multisector fund available. I like the adjustments the manager makes, like…
One thing I've thought about, and I see it in the link of past MFO discussion mfs provided; the government dictates what you will withdraw from your nest egg in the form of RMD. Why does anyone debate the "correct" percentage for withdrawal, 4%, 3%,…
@davidrmoran , this is advice for those in retirement. I venture to guess your kids are not retired. Rule of thumb for the working person, your kids, is to have 3-6 months saved cash or 'cash like' for emergencies. Totally different.
Has anyone ever advised 'don't invest in the equity markets except with more than 5y of your living expenses'? Maybe they have and I have missed it.
Yes, it's called the bucket system.
BTW, SFGIX/SIGIX has no such mandate, but lands in the top 1% for "sustainability."
@Crash , Foster writes about that in his last letter to shareholders.
Seafarer’s Policy on Corporate Governance (or, “ESG Policy”)
http://www.seafarerfunds.com/le…
