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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.
@BenWP,
What brokerage do you use for CAPE?
Bid-ask of 16 cents on $134 (if I am reading the Fidelity listing right) does not sound so wide, and it tracks its NAV pretty closely. Am I missing something?
When you graph PSTKX ($1M minimum; PSPAX is the investor class) vs IVV over periods shorter than the last 8-9y, the added value from the bond sauce sure looks tiny, sometime nonexistent, and also sometimes worsening rather than buffering dips and vo…
@CareFree,
From a year and a half ago:
https://www.marketwatch.com/story/doubleline-fund-doubles-the-returns-of-rivals-by-uncovering-a-curious-strategy-2017-11-30
The fund is not specifically defensive in nature, [Jeffrey] Sherman explained, becaus…
Whaddaya mean what's it doing there? How do you think the web works? It assumes you might want to know more ....
Looking at the last 4y of performance (and parsing sub-periods) it's hard to see exactly why you would take SCHD over OUSA, NOBL, VIG,…
@Mark,
fyi, just got this from Fido c/s:
... when the holdings in DSENX reach the initial investment minimum of $100,000 for DSEEX, [then] a quick call to Fidelity is all that is needed to convert the shares. Since the initial investment minimum i…
and so how at 84 do you know these things? how does anyone come to know these things? I l just love wisdom, especially when taking the form of simple, unknowable, meaning-free rules.
@Old_Skeet,
>> I'm thinking you are taking on more risk than you realise ...
may be
>> and, for what? Inorder to beat the 500 Index.
sure
The last 5y, if I had been 50-50 (or whatever) in IVV and FTBFX instead of DSEEX and PONAX …
Har. Someone goes to M*
http://portfolios.morningstar.com/fund/summary?t=DSENX®ion=usa&culture=en_US
and is supposed to parse out at a high level (or any level) what sort of beast this is.
45% bonds, it says. Nothing listed under mark…
Seriously? Because anyone reading it might be, indeed would be, led to think they were buying a fund which was 3/4 cash, and would perform and might be expected to perform like a fund 3/4 cash.
Does that seem reasonable, much less inferentially acc…
@MikeM,
That's as misleading as showing DSE_X as half bonds+cash, jeez; M* is so messed up in this.
See
https://www.mutualfundobserver.com/2019/05/balter-invenomic-bivrx-bivix-bivsx/#more-12776
Thought I would give it a try.
I am now under 2/3 total in DSEEX and instead of putting recent sale proceeds among PCI, PONAX, and FRIFX, I put it into BIVRX. We'll see. Plus took cash to live on.
Meanwhile, the NABE, NY and Philly Fed, and the rail reports sure give pause:
https://www.washingtonpost.com/opinions/the-trump-economy-house-of-cards-collapses/2019/06/21/00412398-9429-11e9-aadb-74e6b2b46f6a_story.html
It is interesting to compare DGRO, DGRW, OUSA, QUAL, NOBL, SCHD, and VIG over the last 3, 2, and 1 years and see which ones move ahead of the others. (All outperforming CAPE for the 1- and 2y periods but not longer.)
@Mark,
I just emailed them to remind me what it is I have done for several years now, the same process each time, no changes. I think it was just that once DSENX got above $100k, a phone call permitted quick reclassification to DSEEX, no TF, no not…
@Ben, if you are in the mood, you might take a look at fido, who now have all manner of funds even cheaper than vanguard (zero cost) and whose c/s is pretty good and rigorously trained
not saying the funds are better than vanguard's best (!)
tnx; will probably go w TRBCX if I buy anything new (huge dip, say), although I am sorely intrigued by BIVRX now, tnx to Snowball; not part of this discussion, really
Right about Merrill offerings.
Dunno DSE_X answer, but presumably, almost certainly no. Maybe I did ask. Fwiw, when I moved accounts from Fido to M, DSEEX went without hitch and is DSEEX at Merrill now, no prob.
Have bought only DSENX since at M, …
No, not international at all, but LV; buys and sells monthly within the SP500 according to rules involving valuations.
Oh sorry, for some reason I saw the letters and thought of the European version. I must be getting old. Hell, I've owned DSENX fo…
Does not apply to me, since, as I think I have posted before, but maybe not, I buy DSENX and then convert asap to DSEEX, which Fidelity now does promptly (always done for free). A reclassification worth knowing about there. Merrill does not offer.
…
Not in my Fidelity Roth IRA, so far as I can see anyway, and a $50 TF as well.
Will doublecheck in a few days when I have new cash to deploy; it is more reliable to attempt a transaction than go by their footnotes.
Boy, those two sure are winners, and with TRBCX are among the few LC I have seen (have not done an obsessive search, though; maybe there are many LG) to have outperformed DSEEX since its 11/13 inception. I don't believe I have ever had so much in a …
No, not international at all, but LV; buys and sells monthly within the SP500 according to rules involving valuations.
Do a search here, several have analyzed it thoroughly, and its own writeups are clear enough, at least on the surface. Buy the ch…
Oh, Ted the soybean farmer, what does it mean, what does it mean? How does one know? How you do we develop the timing and the judgment and the insights? What are the steps to becoming savvy in these ways?
'You gotta learn to play it right'. Right.…
point was telling people to know when to hold or fold should always be met w wtf wtf wtf does that even mean?
the tautology of telling your kids they will need to develop good judgment in life, and that starts with having and showing good judgment
…
there is always, always wisdom in unfathomable, inactionable bromides
first rule is don't lose money, second rule is etc
it's a stockpickers' market
invest for the long term
it was a swan of some color, a storm of some perfection
if you can't s…
