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What are your 5 or 6 largest holdings? *Or where are the bulk of your holdings?*
@Baseball_Fan, I'm a trader. I don't care what happened in the past but what can make me money now. I do care about volatility/risk when I select funds. When a black swan shows up is when ugly things happen and you must avoid risky funds. What many forget already is that higher-rated bond were down too and only after the Fed intervention stock + bond funds started doing better.
Examples: LQD=Investment grade (not junk) corp. A respectable index was down peak to trough over 18%.
I'm a young whippersnapper compared to most people on this board (38) so I'm willing to take on more risk than most others here. My largest holdings are:
AAPL PRGTX PRMTX MSFT WAMCX
I'd like to include AMZN as a holding but it's well represented in PRMTX and PRGTX. Concern about government interference in AMZN from both sides of the aisle have kept me from owning it outright. I also have a toehold in AKREX.
My family now includes 3 wonderful kids who drive my wife and I bat shit crazy but we love them nonetheless
Good morning @hank : "One thing I like at Max Funds is the maximum 1-year loss they envision. Worst case scenario for sure. Where it’s helpful to me is in looking for / comparing relatively ”safe” funds to meet a certain portfolio need. " Is there facts as to how close they come to ringing that bell, so to speak ? Is there a look back section ? Stay Safe, Derf
Hi Derf - They claim some kind of “proprietary” system I think. (Doesn’t everyone?) My understanding is it’s run by Max Ferris who has appeared often on Fox as a financial / investment commentator. I don’t know if he still does. Never cared for Fox’s financial programming - but recall him being one of the better ones among the bunch.
I just ran a few lower risk funds through MaxFunds and - yikes - they really derate them (is that a word?). RPSIX comes in with a WCS (worst case scenario) of -40%. A favorite of mine, TRRIX weighs in at -45%. And Price’s venerable (and conservative) PRFDX scores a wopping -70% WCS. Maybe ol’ Max knows something about the coming cliff? Or maybe he needs to change his whisky brand. I really don’t know.
To answer your question, @Derf - There’s no “look back section.” I can, however, appreciate and agree with their relative risk assessment of the 3 funds just cited, having owned all of them at one time or another. But the depth to which each might fall seems to me a bit exaggerated.
@FD1000; I'm guessing you bought in around 3/25/20 ? Derf
Nope, I sold over 90% at the end of 02/2020 and the rest days later. Made several good trades with QQQ+PCI in 03/2020. Start investing back in bond funds to over 99+% in 04/2020. I had a huge % in GWMEX for several months. I owned IOFIX only in the last several weeks.
I wish I was brave enough to buy IOFIX on 3/25/2020. It made over 50% since then.
How do you square owning IOFIX with your later comment in this string to avoid risky funds?
@FD1000; I'm guessing you bought in around 3/25/20 ? Derf
Nope, I sold over 90% at the end of 02/2020 and the rest days later. Made several good trades with QQQ+PCI in 03/2020. Start investing back in bond funds to over 99+% in 04/2020. I had a huge % in GWMEX for several months. I owned IOFIX only in the last several weeks.
I wish I was brave enough to buy IOFIX on 3/25/2020. It made over 50% since then.
How do you square owning IOFIX with your later comment in this string to avoid risky funds?
I'm a trader and don't recommend what I do to others. My posts are generic unless someone asks me specifically about my portfolio.
This thread isn't about avoiding risky funds. Please read the original posts "What are your 5 or 6 largest holdings? *Or where are the bulk of your holdings?"
BTW, I don't believe in just lower risk funds, I believe in great risk/reward funds. You should look for funds that have good performance but also good risk attributes(SD, Max Draw, Sharpe, Sortino). For allocation my go 2 funds are: Moderate=PRWCX. In the last several years VLAIX is good too. Conservative=VWINX,VWIAX
Comments
I'm a trader. I don't care what happened in the past but what can make me money now. I do care about volatility/risk when I select funds.
When a black swan shows up is when ugly things happen and you must avoid risky funds.
What many forget already is that higher-rated bond were down too and only after the Fed intervention stock + bond funds started doing better.
Examples: LQD=Investment grade (not junk) corp. A respectable index was down peak to trough over 18%.
AAPL
PRGTX
PRMTX
MSFT
WAMCX
I'd like to include AMZN as a holding but it's well represented in PRMTX and PRGTX. Concern about government interference in AMZN from both sides of the aisle have kept me from owning it outright. I also have a toehold in AKREX.
My family now includes 3 wonderful kids who drive my wife and I bat shit crazy but we love them nonetheless
I just ran a few lower risk funds through MaxFunds and - yikes - they really derate them (is that a word?). RPSIX comes in with a WCS (worst case scenario) of -40%. A favorite of mine, TRRIX weighs in at -45%. And Price’s venerable (and conservative) PRFDX scores a wopping -70% WCS.
Maybe ol’ Max knows something about the coming cliff? Or maybe he needs to change his whisky brand. I really don’t know.
To answer your question, @Derf - There’s no “look back section.” I can, however, appreciate and agree with their relative risk assessment of the 3 funds just cited, having owned all of them at one time or another. But the depth to which each might fall seems to me a bit exaggerated.
Regards
Stay Safe, Derf
This thread isn't about avoiding risky funds. Please read the original posts "What are your 5 or 6 largest holdings? *Or where are the bulk of your holdings?"
BTW, I don't believe in just lower risk funds, I believe in great risk/reward funds. You should look for funds that have good performance but also good risk attributes(SD, Max Draw, Sharpe, Sortino).
For allocation my go 2 funds are:
Moderate=PRWCX. In the last several years VLAIX is good too.
Conservative=VWINX,VWIAX