Stock Picking (Individual Security Analysis) | Forum profile

Quote: Originally Posted by FIRE'd@51 We talked about this on another thread. When you buy a TIP, you are buying a pure inflation-adjusted security AND a European put struck at 100. As Ziggy says, at auction this put is at-the-money (Index Ratio=1.00000). Since part of the purchase price goes to pay for the put, less is available to pay for the inflation-adjusted payment stream, hence the lower YTM. BTW, since the January table of...

Quote: Originally Posted by youbet SLM, ISM and OSM all up significantly the past couple of days. I haven't seen any news to justify this. Anyone notice anything? Maybe a lot of investors read your above post about recovery in the case of default.

Getting closer to that picture of kook-aid I had VG run an analysis of what I want to invest and they came up with VWIUX as my major player. I had been looking at Wellesley but VWIUX is tax free and appears less risky. I would have very little in the over 15% bracket, but I'm just not smart enough to determine how good a deal this might be. Doesn't anyone have this and care to make a comment. Thanks

Quote: Originally Posted by thefinancebuff Thank you Steve. I joined recently after hearing about this board. I have been hanging out in the FIRE and Money forum so far. Buff, I spent a lot of time going through your site after Steve mentioned it. All very good, very clear, and very free from ego poisoning. Great job. I hope you will enjoy it here also. Ha

Quote: Originally Posted by Stevewc Happy to help Ha !!! Looks like the buff himself post here too. He and his site are a great source of information. Later, Steve Thank you Steve. I joined recently after hearing about this board. I have been hanging out in the FIRE and Money forum so far.

Quote: Originally Posted by titleman How were the rules changed? I'm under the impression that funds are more or less contracted to invest in the way you bought in to invest. Just curious as to the procedure they use to change the investment strategy. The rules used to be that they could not change the allocations beyond certain limits. Can't remember what it was but something like no more than 40% equities. At the time my 401k did...

Happy to help Ha !!! Looks like the buff himself post here too. He and his site are a great source of information. Later, Steve

I have been looking through yahoo's etf screener recently to see which funds had the best performance in the last few months. Not surprisingly nearly every fund was an Ultrashort or short fund. Does anyone know if any other etf's which could provide for an upside in a market when it is down. I looked at BND -Vanguard total Bond Market which i like, but isn't there JUST ONE, mutual fund, ETF, or stock which thrives in adversity ?...

The one Bear market fund I have used in the past is BEARX. It's a short/long fund, did pretty well during this downturn (+27% in 2008) and the previous one (+63% in 2002). But what I like about it is that in good times it sometimes can avoid getting killed like the rest of the bear funds (it was actually up in 2005/2006/2007 thanks to a healthy stake in gold) so it allows a bit of give in your timing. Still, I don't hold it...

Quote: Originally Posted by youbet OK...... Today's Treasury auction resulted in ten year TIP bonds with a real yield of 2.245%. I was expecting higher. My crystal ball seems to be a little cloudy...... More demand for newer issues that haven't had any inflation adjustments to lose. And the ones with NO inflation adjustment to lose will be priced the yield the least.