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Added to TIERX in 403-b; NRDCX, DHEIX, and RCTIX in IRAS. Been adding to our small allocation in international equity (TIERX) and international bonds (NRDCX) and like the stability of RCTIX and DHEIX, both of which have a focus on securitized assets, short end of the curve, and a stash of cash to deploy on opportunities.
Sold AES for a 35% gain in 3 months. Recent buyout rumors made this thing pop 20% in July and I figure that's a pretty good win right there and as a result probably won't move much higher once any actual buyout news comes out ... plus it's well within or above the herd's consensus price targets. And if any deal falls thru, I'll probably re-enter on the drop....maybe.
On the conservative side, starting a position in BALT as I read "The Nasdaq-100 just tallied its 60th straight finish above its 20-day moving average — its longest streak since February 1999."
Also starting a position in WAIVX this week, removing MVGAX.
Thanks for sharing with the rest of us. My single-stocks are behaving like contrarians today. ET has been stinky. I think natgas/oil market has been flooded, and with low prices. Earnings coming on Aug 6 or 8. Public statements make promises. "Where's the beef?" Great dividend, though, so I hang on. (What happened to the surge today? ORK?)
My Junk has been steady. Weitz is out of the portfolio. Portfolio now: PRWCX PRCFX PRCPX TUHYX BALFX SWVXX Schwab Money Market. BLX FBP ET.
Gone for a week starting this afternoon. Hold the fort!
You seem to be very fond of T. Rowe Price. Not that there is anything wrong with that...
It's familiar, and so are those funds, that's all. I've been pleased with them. I sold out of TUHYX and PRCPX to buy the Weitz core-plus offering when it looked like rates were coming down soon. I was early, or wrong. WCPNX behaved like a dead persimmon. Yes, rate cuts may well be coming (again?) soon. I'll still get a better dividend from the TRP Junk funds. (One is much bigger than the other at the moment.)
I keep adding to the portfolio, only about $300-$400/month. Reinvesting dividends. When January arrives, I take a slug from the Trad. IRA, sometimes smaller, sometimes bigger. Currently growing SWVXX to keep it out of the risk pool. 25th wedding anniversary trip with wifey in 2026. Maybe will need to tap some profit from a holding or two, besides. Things to look forward to, eh? It's all her fault.
On the conservative side, starting a position in BALT as I read "The Nasdaq-100 just tallied its 60th straight finish above its 20-day moving average — its longest streak since February 1999."
Also starting a position in WAIVX this week, removing MVGAX.
In seeking to provide a significant measure of downside protection on a quarterly basis, the options-based strategy underpinning BALT will likely offer investors an upside cap that is substantially lower than equity Buffer ETFs™ that operate over an annual outcome period.
There are other protected ETF that are yearly, but when started they offered up to 10 Percent per year, but most recent had 6.5 percent yearly cap.
@Crash You seem to be very fond of T. Rowe Price. Not that there is anything wrong with that...
That’s normal. When I moved on to a Fidelity brokerage account (around 2020) I maintained large holds in 3 or 4 TRP funds. Over time I learned ”There is life after T Rowe Price”. Today I own none. Top holdings today: Cohen & Steers, Blackrock, Calamos, Oakmark, Gabelli (GAMCO).
Haven’t done it yet, but considering creating a 2nd “basket portfolio” at Fido using Stack’s 7 recommended ETFs + the 43% he’s got now in cash or T-Bills. I’ve assembled a tracking portfolio and plan to watch it a couple weeks. Not sure what current holding if any it would replace. I do have 1 basket portfolio now with 10 CEFs and am happy with how they ride. It’s $4.99 a month and doesn’t cost any more to add additional baskets. Stack’s subscription runs me $200 yearly although you can save by going multi-year. Might as well get something out of it. BTW - He had a 3% short on the S&P for a few months but dropped that recently.
Bought a few hundred NVO on this morning's 20% drop on their CEO switch and revised forecasting ... been a constant on my watchlist for years even before GLP1s came around. I think this is an overreaction and that the company is smart enough to sort things out, and their products are only now gaining traction in India and China.
NVO should have hired a friend of Dr Oz or Sen. Rick Scott for CEO position. Their actual pick for CEO is a terrible choice for USA market where friends are more important than anything else.
NVO should have hired a friend of Dr Oz or Sen. Rick Scott for CEO position. Their actual pick for CEO is a terrible choice for USA market where friends are more important than anything else.
Agreed. As I said, I'm looking primarily at their ex-USA markets ...but at down 20%+ it was worth a nibble. (And don't forget they locked in that contract with CVS Caremark which does give them a decent chunk of the US prescription market.)
Hi @Derf - I wanted to stay short-term and t-bills and notes have dropped below 4%. I think we could do better with agencies in DHEIX, plus corporates in NEAR, and adding to a low sd multi-sector in CBLDX. So I’ve added some risk, though still have a significant (for us) share of fixed income in laddered t-bills/notes.
NVO down another 6%, now at 4 year low. UNH is in similar freefall, though it may be a safer choice?
Not my cuppa joe, sorry. At least NOV has IP and various research/manufacturing infrastructure that's valuable. UNH has .... bureaucrats. office, and paperwork which are not.
I rarely double down on stocks but for a long term holding I think it might be worth it in this case.
In the IRA: Bought a chunk of FGUSX to equal 12% of my IRA. I need to start reducing the cash in the money markets. I was going to buy FLOT and FLTR, but got home after the market closed.
I don't see much reason to start going much longer than a a year. Aside from PRWCX, BBBMX is my longest duration fund at .94. I haven't found any short/ultra-short foreign/global funds that appeal.
Still holding onto CBLDX. Nothing else looks good to me at BB, or less.
Nothing shaking in the taxable but the leaves on the trees.
Sold BKSY for a short-term 72% gain in 2025. Earnings on Thurs, but wanted to lighten up on some of my more volatile positions. If it drops, I will re-enter ... I like this company.
Focusing on the FI components these days...domestic side, I continue to maintain mostly near term positions in JPST, JPIE, NEAR, JAAA, ICSH, PTA and PDI.
Most recently, I'm adding to international/EM debt via EADOX, JPIB and just yesterday a new position in AWP. I like the EM markets, but fixed income may be a bit safer than equities until the tariff tantrums subside.
Comments
Also starting a position in WAIVX this week, removing MVGAX.
My Junk has been steady. Weitz is out of the portfolio. Portfolio now: PRWCX PRCFX PRCPX TUHYX BALFX SWVXX Schwab Money Market. BLX FBP ET.
Gone for a week starting this afternoon. Hold the fort!
You seem to be very fond of T. Rowe Price.
Not that there is anything wrong with that...
It's familiar, and so are those funds, that's all. I've been pleased with them. I sold out of TUHYX and PRCPX to buy the Weitz core-plus offering when it looked like rates were coming down soon. I was early, or wrong. WCPNX behaved like a dead persimmon. Yes, rate cuts may well be coming (again?) soon. I'll still get a better dividend from the TRP Junk funds. (One is much bigger than the other at the moment.)
I keep adding to the portfolio, only about $300-$400/month. Reinvesting dividends. When January arrives, I take a slug from the Trad. IRA, sometimes smaller, sometimes bigger. Currently growing SWVXX to keep it out of the risk pool. 25th wedding anniversary trip with wifey in 2026. Maybe will need to tap some profit from a holding or two, besides. Things to look forward to, eh? It's all her fault.
There are other protected ETF that are yearly, but when started they offered up to 10
Percent per year, but most recent had 6.5 percent yearly cap.
”Variety is the spice of life.”
NVO down another 6%, now at 4 year low. UNH is in similar freefall, though it may be a safer choice?
I rarely double down on stocks but for a long term holding I think it might be worth it in this case.
I don't see much reason to start going much longer than a a year. Aside from PRWCX, BBBMX is my longest duration fund at .94. I haven't found any short/ultra-short foreign/global funds that appeal.
Still holding onto CBLDX. Nothing else looks good to me at BB, or less.
Nothing shaking in the taxable but the leaves on the trees.
Congrats!
Most recently, I'm adding to international/EM debt via EADOX, JPIB and just yesterday a new position in AWP. I like the EM markets, but fixed income may be a bit safer than equities until the tariff tantrums subside.
Significant dry powder.