Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Friday, in my taxable a/c, opened a new position in PRWCX, after receiving an opinion from my investment advisor, he felt a tradable bottom was in place, given the extreme oversold conditions. In dfd accounts, added to positions in PRCFX and MGK. In retrospect, wish I had been braver with the amounts purchased.
Monday, in taxable acct, opened position in JGRO. Nibbled more on DFAT (SCV) and SCHD (they just did their annual reconstitution of holdings. I like what they have done). In dfd account, nibbled more on MGK.
At which brokerage company did you open a new position in PRWCX?
Trying to understand the context of opening a position in PRWCX (not the best fund to express a bullish reversal) upon sensing a tradable bottom, what is your target effective equity allocation?
My google search for "what is a DFD account" did not turn up any credible answers. What is a dfd account?
At which brokerage company did you open a new position in PRWCX?
Trying to understand the context of opening a position in PRWCX (not the best fund to express a bullish reversal) upon sensing a tradable bottom, what is your target effective equity allocation?
My google search for "what is a DFD account" did not turn up any credible answers. What is a dfd account?
As the questions are a scant off-topic for the thread topic , I will message you responses.
Limit order is in for slightly below today's closing price in BLX. Just a handful of shares, using dividend money, paid today. *EDIT TO ADD: yes, the order was executed this morning, Hawaii Time. A small remainder of the dividend given yesterday is going into SWVXX. 26/03/2025.
a. sold a few small CEF positions (DMO, JRI). The catalyst for the sales was twofold: streamline the number of holdings, and modestly de-risk. Used the proceeds to add to PRCFX. b. In a separately-custodied acct, opened initial positions in VYM and PFTPX (low-duration version of PIMIX).
@PopTart- We held a fair amount of Brk.b for some years, but got tired of no dividend, so the only potential gain was an increase in NAV. However for a younger person just playing the long-term market that may be perfectly OK.
Thanks OJ! I've been in brk.b for 9 years and it's been a good diversifier in my portfolio. I'm in it for the NAV increase and it's been performing relatively well since Cheeto showed up again.
Comments
Total mistake on my part. 'nuff said.
I will reinvest the "free money" that comes via dividends. Otherwise, I'm keeping it simple, just growing the MMkt fund.
Gundlach is expecting recession. Sounds like he’s cutting risk.
Monday, in taxable acct, opened position in JGRO. Nibbled more on DFAT (SCV) and SCHD (they just did their annual reconstitution of holdings. I like what they have done). In dfd account, nibbled more on MGK.
At which brokerage company did you open a new position in PRWCX?
Trying to understand the context of opening a position in PRWCX (not the best fund to express a bullish reversal) upon sensing a tradable bottom, what is your target effective equity allocation?
My google search for "what is a DFD account" did not turn up any credible answers. What is a dfd account?
*EDIT TO ADD: yes, the order was executed this morning, Hawaii Time. A small remainder of the dividend given yesterday is going into SWVXX. 26/03/2025.
In dfd accounts,
a. sold a few small CEF positions (DMO, JRI). The catalyst for the sales was twofold: streamline the number of holdings, and modestly de-risk. Used the proceeds to add to PRCFX.
b. In a separately-custodied acct, opened initial positions in VYM and PFTPX (low-duration version of PIMIX).