We review our ultra short term bond fund portfolio and discuss how it fits to be a money market fund substitute.We also again discuss how to utilize a brokerage account for banking activities.
We examine S&P 500 index total returns in its 93 plus year history and reveal that there are many bear or flat periods that are longer than 20 years. It’s important to be cautious and understand that the current bull market might end one day and likely enters a long period of bearish or flat market.
We review major asset trends and point out that large growth stocks are again in favor. We also speculate that the current market rise might be the final thrust before a big correction.
We discuss inflation, valuation and risk in the current environment in the context of the latest commentaries by Warren Buffett and Charlie Munger in Berkshire’s annual meeting this weekend.
PIMCO income and investment grade bond funds have outperformed their index funds consistently for the past 10 years and going. Some actively managed mutual funds are still hard to beat by low cost index funds including those Vanguard Dimensional Funds.
EnjoyIt wrote: ↑Sun Apr 28, 2024 2:57 pm Over the years I have educated my spouse on the basics of a three fund portfolio. She understands fees are bad. Upon death her instruction is to go to boglheads and ask for advice. This is an excellent idea. Who needs a paid adviser.
Normie wrote: ↑Sun Apr 28, 2024 3:42 pm Thank you for the reply. Yeah what's being transferred is the ownership of the policy. There is about 30K in the accumulation fund of the policy, on which taxes were not paid by me, it's basically the interest value. I though that (similar to an inherited mutual […]
retiringwhen wrote: ↑Sat Apr 27, 2024 2:26 pm toddthebod wrote: ↑Fri Apr 26, 2024 10:16 pm I'm not aware of any broker that publishes the necessary data to calculate this figure on anything other than the annual totals. Monthly SEC EDGAR reports required for all money market funds provide enough detail to perform monthly calculations […]
watchnerd wrote: ↑Sun Apr 28, 2024 3:04 pm If we're going to have fun with market timing... This leads to questions about the current policy stance. Policy may be tight enough because interest rates aren't high enough. For example, the 10-year Treasury (which the Fed cannot control) trades just 1.84% above the core PCE rate. […]
You just need to decide what you want to do and then stay with it. Depending on you tax situation and the types of investments you have, generally you don't want income producing assets in your taxable account because of the tax burden. Write an investment policy statement. You are writing it to yourself. The […]