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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?
Msf. On HSA funding from an IRA, the IRA withdrawal is not taxed if it goes directly to the HSA. That makes this move an excellent investment move. No tax paid into the IRA, no tax on transfer into HSA and not tax paid when using that HSA money to p…
@MFO Members: Definition of Facebook ! Something to do for those people who don't have a life !
Regards,
Ted
Not sure how coming to MFO every day is much different. Going to any Web Site on a routine basis actually.
By using Facebook, I now get to…
I don't care if they have their own bathroom or not, but what would it look like? Isn't there 2 types of transgender, guys to girls and girls to guys? Urinals, no urinals? Does each type share the same one. This is a very complex issue. I'd actually…
I keep getting a register pop-up so I can't read this.
But I see the gist of the article is how to cut costs in retirement which personally, I don't want to move to a different state or drive an old car or watch every penny I spend in retirement. B…
I think these funds are the best option for a majority of 401k working investors. I would like to see them standardized across brokerages though. Maybe if they called them by their target stock/bond allocation instead of retirement date. The Vanguar…
And this is the biggest reason to be aware of expenses. Heck, if you anticipate 3-6% return moving forward from a mix of bond and equity markets, subtract 1% or more for high expense ratio mutual funds and for some, another 1% if you are paying a fe…
You might like to hire a fee only advisor, who works on an hourly rate to help you do a plan.
A good idea "maybe", and I use that only for someone who knows nothing, but from what I've read of @shipwreckedandalone 's posts, he doesn't need to spend …
...fund expenses present an additional risk.
Well said @DaveSch . I'm sure the number of funds that do better than their index varies with investment type, so it probably is a very small percentage that beat the index for most domestic large caps, m…
What kind if yield is robo advisors generating for you?
Great question skeeter which I have no idea how to answer. I don't use it for income, so I guess I've only considered total return important at this point. I don't even pay attention much to th…
I rolled over a 401k to an IRA at Schwab less than 2 years ago. I was up in the air what to do with the money and frankly I was ready to let professionals do the work. I put 1/3 of the money into their robo-portfolio service. I dare say going with S…
Why do you think so many stores now make you use a store discount card or type in your phone number to get the true (lower) price on everything from nail polish to candy bars?
Hank, what color nail polish do you use? :)
This may be a year old, but that's what makes this information about Costco's decision involving V and AXP interesting to look. I remember @scott pointing out Visa stock at the time. In 1 year, Visa stock is up over +20% while American Express is do…
It appears to be contrarian to making money. In your 5 year time frame, it has made about 60% less then the Russell 2000 index fund from Vanguard, NAESX.
More and more I think it is a scam to buy any domestic large, mid or small cap fund that foll…
Thank you @districtwanderer. I took a quick look at their web site. The funds, quite honestly, Amana, Sextant, Saturna, look mediocre at best. But what will be important is the account fees which I will look into. Thanks for the tip.
Thanks everyone for the links. I will pursue when I have time this weekend.
Bee, I totally agree in using this fund as a retirement vehicle, helping pay health care costs in retirement. That is my goal. It is my understanding you can use the money…
MWTRX is one I've considered, but goodness--- the dividends are paltry.
Crash, div may look paltry because it is mostly high quality bonds. 70% rated AAA, 85% of the portfolio is A or above. On the other hand DFLNX is 53% and 67%. If you want more d…
Gas in my area is back up to $2.00 range, from $1.76 just a couple months ago. That's about a 12% increase in such a short time. Food has been going up for the last year or 2.
There is a time when TIPs will be dogs and there is a time when they wi…
Any time I hear that statement, "Fool Me Once...", I can't help but think of that last guy in the White House. Oh, the memories :)
President Bush -- Fool me Once - YouTube
Who knows, the Baby Boomers drove stocks in the 80s and 90s as they were in the accumulation phase. Maybe they will drive bond funds of all sorts and varieties as they are in the retirement income stage.
Very interesting comment Junkster. Most finan…
@David_Snowball, Speaking of Leuthold , I'm curious to see if you made the decision to move money from FPACX to LCORX. After reading your thoughts and looking into the fund, I decided to go with LCORX as a more conservative hold in my portfolio. Loo…
Joe, your words are definitely thought provoking, so thank you. My planning has always been expenses will not change in retirement, so that is how I gage if or when I should retire or start social security. I am convinced the longer I can keep from…
It's listed as a blend by M*, but I use GTLOX as my large cap. PRGTX is a great fund, but as david mentioned, it's a global technology fund, not a diversified large cap.
Because I bought some GILD six months ago. I thought that I had warned all of you before I did that
I got out back around 104. Forgot to thank you for the heads-up. :)
But David, your last paragraph is again saying your happy with RPHYX, insinuating that RSIVX having the same manager must mean RSIVX will be good too. It hasn't been. Your also saying that the sound strategy is being negatively influenced by the un-…
@BenWP , when you mentioned the TF for PTIAX, I had to go back and look at my purchase history. I'm with Schwab also. I was pretty sure one reason I bought was because it was NTF. Sure enough, my history shows I did not pay a TF, and that was only a…
I sold it last year and moved to PTIAX. A multisector bond fund that has been around at least 5 years with high returns and below average risk. Happy with this one.
And that's what I was hoping for with RSIVX. RSIVX is a pretty good example of a g…
I have been attempting to find fund managers who make allocation decisions for me...
Same with me Bee. I recently opened positions in SGENX and DSENX to go along witha substantial stake in PRWCX and LCORX. DSENX of course doesn't have a lot of histo…
Thanks junkster, but I only use the ETF because I can get out quickly (versus a fund). Just watching the trend, this ETF is moving nicely over the last month. What is it that you don't like about Bank loans in general.
shipwreckedandalone, I don't know all the technical terms, but my past employer owns and is obligated for the money in the pension plan I draw from. They are responsible for the pension fund being funded at a minimum 80% of total pension obligations…
My biggest mistakes were listening to people here about investing in the hot stock catigories. By the time we start talking about the hot sectors on a discussion board, you are already getting in towards the top. Commodities, minors, gold, ect... I…
@MikeM: We did our best, I sense a little paranoia !!!!
Not anymore Ted. I took my money and ran. I left Kodak in 2014 after almost 40 years. They even threw in 9 months pay to leave. They gave an option to split the pension, 1/2 annuity, 1/2 lump. …
obligation the corporation or the insurance company
For good or bad, the insurance company is the U.S. government. Not to say it can't default. I've read the PBGC would be well under funded if some big companies defaulted.
Ted is spot on. The PBGC picks up the pension if the employer can not fulfill obligations. Companies are obligated to fund their pension plans to a minimum percentage of obligation. They also pay into this insurance. If they default, as in bankroupc…
