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Have sold IEO again. Will wait to buy later. Also opened a new position in my taxable account: FPXTX. Hoping to pay less tax. Also in Mrs. Pudd's IRA added to PP&L. So will see how it goes.
Figured I would bump this thread up so members will remember to trade!
Under the title, "Is the Two-Year-Old Bull Market 2 Legit 2 Quit?" Schwab provided an analysis of the current bull market from a historical perspective. I thought it was a good read, especially if you are numbers nerd.
Figured I would bump this thread up so members will remember to trade!
Under the title, "Is the Two-Year-Old Bull Market 2 Legit 2 Quit?" Schwab provided an analysis of the current bull market from a historical perspective. I thought it was a good read, especially if you are numbers nerd.
Figured I would bump this thread up so members will remember to trade!
Under the title, "Is the Two-Year-Old Bull Market 2 Legit 2 Quit?" Schwab provided an analysis of the current bull market from a historical perspective. I thought it was a good read, especially if you are numbers nerd.
Been shopping in the T-IRA Bond Store with RSIIX, OSTIX, RCTIX, FPNIX, DODIX, BIMIX. High yield, Multi-sector, short and intermediate term funds. Money coming from sale of VG Ultra short term bond whose yield dropped well below VG Mmkt, and maturing treasuries. Oh, also left some in MMkt.
I really do appreciate those of us here who are able to admit that we sometimes try things which turn out to be not such great ideas. Pretty real, compared to those few who have never made a mistake or done a bad deal.
Trust me. Many of us that do not post our trades continue to have some horror stories of our own. E.g., I would never be hired to manage others' money.
I do not know anyone in our forum that has said (since I joined) that they have never made a mistake. What I remember is, some posters generally post how they have learned to minimize their mistakes to a point where the current mistakes (or a feature of their investing system and not a bug) are inconsequential. I believe them and it is aspirational for me. I know about this type of discipline also from others that do not post in this forum or any forum. I am not suggesting forum members to follow the methods suggested to minimize mistakes / losses - I am only saying that I believe such posts.
My own "dawgs" included ENIC and PSTL, but surely are not limited to those two. I'm sworn off REITS and RE funds. All we can do is to do our due diligence and research and then make a choice to pull the trigger, or NOT. (James Bond, to "Q:" "It's hard to know which, in your pyjamas.") I want to be diversified without being di-worse-i-fied.
TODAY: I took a BCE (Bell Canada) dividend and put the money to work, buying (tomorrow) shares in WCPNX (Weitz Core-Plus bonds) in the taxable account, to grow a dividend stream that can be tapped, without tapping the Trad. IRA. I'll take my usual chunk from the IRA in early January. And I've stopped letting Uncle Chuck reinvest single-stock dividends for me: they do it at their own convenience; they can't be trusted to reinvest with the customer's advantage in mind. If I use such dividends to buy single-stock shares, I'll use Limit Orders. If selling, I've learned from one of you about Stop-Loss Orders. Many thanks. I'm not growing the BCE position because I don't love to pay 15% taxes to Revenue Canada. It's still a negligible amount, and the dividend is outsized. On that basis, I don't mind. If the dividend shrinks, I'll rethink my position.
I really do appreciate those of us here who are able to admit that we sometimes try things which turn out to be not such great ideas. Pretty real, compared to those few who have never made a mistake or done a bad deal.
2024 is a shameful year for me. I can not point to one thing I tried in 2024 that turned out to be better than keeping money in money market if not outright loss. If I add up all losses from 2024 experiments, I would not be surprised if the loss exceeds the amount of my first year salary. My mistakes are hardly ever on purchases. They all are on the timing of the exits - overstaying my welcome in a trade / purchase.
last week I bought a few thousand SMR and OKLO to increase my nuclear energy investments.
WOW up 75%!!! Unfortunately the "few thousand " was dollars, not shares
SMRs will allow decentralized infrastructure, increasing national security, lower Grid costs, etc. lots of benefits and practical.
If SMR (Small modular reactors) take off, then what is the future for all the EV car companies, which is really a play on innovations in battery technology. E.g., Tesla, BYD, etc.?
I also own NLR CCJ and GRID. I am a bit suspicious of SMR as their first project sorta died. It seems obvious if this country has run small nuclear reactors on submarines and large surface ships, we can design and rum small reactors for Data farms etc
I think infrastructure and Grid enhancements the "picks and shovels" of Climate change and AI are better bets than stocks selling for 34 times Sales, ie NVDA
Berkshire sold its BYD stake down to 5% from more than 20%, after holding it since 2008 (bought initially for approx $1 a share). That made me think may be battery technology does not have as much a future as is needed for non-nuclear renewable energy or may be he sold because he thought as a Chinese company, it could face headwinds in the global markets. OR both reasons. Obviously, I do not take his official reasoning on its face value. He bought and sold TSM quickly on questionable US-China relations, which I understood.
I don't know about nukes, but green-hydrogen fuel cells are going to replace batteries sooner than we think.
At a campaign pit stop, DJT gave his pronouncement against hydrogen. As is customary for him, he took the crowd along with him in mocking hydrogen fuel cell powered cars as bombs on wheels. So, you got a big hurdle for hydrogen technology in the US. May be Musk is in DJT ears on this but it is a no go.
Comments
https://finance.yahoo.com/news/us-report-says-corrosion-michigan-162423886.html
Have sold IEO again. Will wait to buy later. Also opened a new position in my taxable account: FPXTX. Hoping to pay less tax. Also in Mrs. Pudd's IRA added to PP&L. So will see how it goes.
God bless
the Pudd
Under the title, "Is the Two-Year-Old Bull Market 2 Legit 2 Quit?" Schwab provided an analysis of the current bull market from a historical perspective. I thought it was a good read, especially if you are numbers nerd.
https://www.schwab.com/learn/story/is-two-year-old-bull-market-2-legit-2-quit
45% equity
30% cash
15% bonds
10% other
Anybody have any shorts on?
I’m the one who liked NSRGY between $100 and $107 - but want nothing to do with it now at $97.
I do not know anyone in our forum that has said (since I joined) that they have never made a mistake. What I remember is, some posters generally post how they have learned to minimize their mistakes to a point where the current mistakes (or a feature of their investing system and not a bug) are inconsequential. I believe them and it is aspirational for me. I know about this type of discipline also from others that do not post in this forum or any forum. I am not suggesting forum members to follow the methods suggested to minimize mistakes / losses - I am only saying that I believe such posts.
TODAY: I took a BCE (Bell Canada) dividend and put the money to work, buying (tomorrow) shares in WCPNX (Weitz Core-Plus bonds) in the taxable account, to grow a dividend stream that can be tapped, without tapping the Trad. IRA. I'll take my usual chunk from the IRA in early January. And I've stopped letting Uncle Chuck reinvest single-stock dividends for me: they do it at their own convenience; they can't be trusted to reinvest with the customer's advantage in mind. If I use such dividends to buy single-stock shares, I'll use Limit Orders. If selling, I've learned from one of you about Stop-Loss Orders. Many thanks. I'm not growing the BCE position because I don't love to pay 15% taxes to Revenue Canada. It's still a negligible amount, and the dividend is outsized. On that basis, I don't mind. If the dividend shrinks, I'll rethink my position.
WOW up 75%!!! Unfortunately the "few thousand " was dollars, not shares
Instead I sold equal $$ amt's of BIAWX & POAGX and took a stake in NRDCX. First outright bond fund I've ever owned outside of CEF's We'll see I guess.
If SMR (Small modular reactors) take off, then what is the future for all the EV car companies, which is really a play on innovations in battery technology. E.g., Tesla, BYD, etc.?
I am waiting Berkshire Energy to get into SMRs.
Disclosure: I own NLR.
I think infrastructure and Grid enhancements the "picks and shovels" of Climate change and AI are better bets than stocks selling for 34 times Sales, ie NVDA