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.
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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
Roger. I would revisit FLPSX myself, as that manager is an acknowledged researcher and leader in stockpicking. With his staff. It is a big fund with lots of holdings, so there are always reasons to reject it. Every time I have done so over the last …
Megan Ryan? I must've missed something, unless that's drug haze residual.
>> these Republican debates are the most interesting
not, to me, as actual policy discussion, just insane notions
>> and entertaining in my memory.
true dat
Plumbing and electrician and similar trade training trains you to be that, whereas college training may educate you for a wider range of options by far. Sure, it's good to do it without a ton of debt, no question.
Also there is the variable of job…
AJ, you do understand the method, right?, of regularly rotating into lower valuations (general).
No, I am not thinking of it as defensive, exactly, but no longer know what that means in any case, really, since some I have been in the past have not r…
Seems to me to tend to the slightly less risky, based on my uninformed historical lookbacks and comparisons. (How's that for handwaving?) Its past performance looks not bad when it comes to slumps (bond portion w Gundlach sauce), and its general out…
Since Dec 1, SPX is down ~10%, GLRBX down half that, and everyone else mentioned is in between, FPACX and OAKBX worse than PRWCX and MAPOX.
(DSENX and PONDX 50-50, which is what I am trending toward for say 3/4 of my holdings this year and after, i…
Awes! I was so waiting for your entrance; I am sure many were. The Godwinization of Braham, how can it get any better than that with you on this forum?
My experience:
It seldom works out well (full recovery and more) but it often works out better than bailing now.
It is though you just bought and now own the stock at the current price (as everyone knows). Is it worth holding now and likely to rec…
Do all the stat theory you want, sure. Maybe you can dive into the real world of income and spending and econ behaviors. Or not.
'Trivialized', quite, as you said.
Are you attempting to make the argument that these graphs have no meaning?
Was proposing that, to first order, increased income overall would lead (eventually) to overall increased consumption, and that increase (eventually) to non-falling markets. But points taken about noncausality, sure, and innumeracy does rule, absolu…
ha, I drink little but (pretty good ~$6 wine, that is).
Yeah, I have serious roof work coming up and am debating adding to my 3.5% heloc instead of retirement moneys. Probably will, though I know what retirement articles will mostly say. Am deferri…
Those are truly discretionary, hence do not always (or ever) have the moneys automatically set aside and liquidly available for emergency. Some businesses borrow.
Who goes into that space with defensiveness in mind? I mean, the recovery delta w Fido is 8 months. So who cares? You are gonna get hit and fall down when you get hit.
Not following your reasoning (etfs easier to day-trade? kids dealing with fifo gains?), but yeah, I would stay w Danoff, and have. It is not as though there is no such thing as market-superior managers, contrary to what you read everywhere.
Why would you? Not so much heresy as self-interest. Danoff has beaten it 10y, 5y, 3y, and 1y. Not since New year's :) Is it that you would be less nervous somehow in SPY?
>> My crystal ball is not good enough to assure you there will not be a 50% drop in the "stock market".
Mine is. There will not be.
If I had a 3-5y horizon, I would be a lot more aggressive than 60/40. So would many others; it's not just me…
How focused? YAFFX and PRBLX are, rather. I am still happy (so to speak) with DSENX comparative performance, even the last week, though it hardly qualifies as focused, I think.
I called to cancel phone application of 30min ago, but cannot cancel that new application till Wed afternoon, as the info is not in the system yet. Wonder what hit this will be on credit score, not that I care so much anymore. And Costco coming soon…
Fidelity has majorly messed this up. I just applied for the new Fido Visa, but also read the online Fido FQs, which clearly state that **all this happens automatically later in the spring,** and there is no need to do anything at all now. Nor then. …
