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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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
In this environment, carefully choosing individual holdings is tempting. I added to WPC on Friday, thinking that some of the higher quality REITs present a good value for their income. I will be looking at select financials...BAC, USB, and maybe eve…
This should concern just about everyone. The DOJ has no need to circumvent Constitutional guidelines, and Barr should be tossed if he even suggests it.
It seems gloomy yes, but don’t discount the psychological impact of a vaccine. People love their football stadiums, racetracks, casinos, trips abroad....etc.
It will take some time, but the effects will dim. I had to cancel an April trip to Italy,…
FWIW...I spoke with my guy at Schwab during the carnage today, talking about how even bonds were leaking significantly. He suggested that in this environment, cash is good, recommending SWVXX, paying a bit more than 1%.
That's now my largest holdi…
We did add more vanguard prime cap core vppcx today...wont look at returns until 12-24 months later I have several Primecap funds. They always seems to have a few holdings that are absolute stinkers, so it will be interesting to see what they say in…
Today...this afternoon...Trump declared that the corona virus is “something that we have total control over.”
We have a serious leadership problem in this country. If Trump can't get his shit together, he needs to step aside.
FYI...the Governor of Ohio, Mike DeWine, just ordered all bars/restaurants in Ohio to be closed at 9:00 PM this evening. I must say, DeWine isn't waiting for federal guidance in the moves the state has been making. The financial impact though, is se…
Like many, I've always maintained a list of things to buy when all hell breaks loose. I really think the baby is being tossed out with the bathwater. Tech, utilities are being punished without a noteworthy notice of earnings reductions, at least to…
I've been with Schwab for about 15 years now, and am pleased with fund selection, interaction with the local team and overall research available on the website. It might boil down to what you're looking for. Do you want to make your own decisions? A…
Upon hearing of Warren's withdrawal, a rather well known Democratic pundit predicted that the first female President would be a Republican. I agree with that, since Democrats can't seem to pull the trigger on certain items outside of their comfort z…
So here's my question...what does a corona virus have to do with REITs and utilities, which have gotten crushed along with everything else? I'm beginning to question whether the boom of ETFs may have caused this babies/bathwater punishment of the in…
Prob 20k-50sk die in NAmericar < much less than flu incidents > by late spring
As the current mortality statistic of this virus is 20X that of the routine flu, your numbers purely depend on the numbers of those infected. I'm not sure how the A…
REITs, utilities and other dividend focused US equities held up fairly well early on, but it looks like indiscriminate selling is leaking into those categories as well. Panic selling may be close at hand.
I have a one year CD maturing tomorrow...that 2.65% yield was pretty sweet/fortunate for bucket 1 money. Based on recent comments and research, that will be split between IOFAX and SEMPX. These securitized offerings should hold up well if rates rem…
Thanks, @stillers! (As in, @PittsburghStillers?) I updated the list following your suggestion.
Thanks for the updates.
To your question...borrowing a phrase, if I may, from Lambert's HOF induction speech...
"You damned well better believe (it)!…
J P Morgan says now is the time to add risk back into your portfolio and buy stocks. You can read more about this in the below linked article.
https://www.bloomberg.com/news/articles/2019-09-02/jpmorgan-says-it-s-finally-time-to-buy-stocks-despite…
I have a few CEFs focused on this area... JPS, PFF, and RNP. The last, a Cohen and Steers offering combines REITs and preferreds. My current plan is to ride these for a bit and most likely jettison them when higher rates are in the mix.
I find it odd that the author chose not to approach GE for comment or clarification regarding the many points outlined in the report. It's almost like damaging GE was the objective.
Yes, beginning last Thursday and completing yesterday. I sold all equity funds down to a foothold status with the exception of VHCOX, RPMGX and VGHCX. the first two simply due to the protected nature of the share class in my account. Vanguard Health…
Oddly, this happened to me as well...and I NEVER choose to have the browser save passwords for any website where dollars could be at risk.
I think a note to Schwab is in order, which I will do tomorrow AM.
I applaud his approach (and the debt-free thing) but can't help noting he was doing bonds during a MAJOR bond bull market. Heck if I could get 10, 15, or 20% in quality gov bonds now like they were back in the 70s and 80s I'd sell everything and …
Previously a staunch Macallan 12 devotee, I've been drinking more Irish whiskies recently, mostly due to a trip to Great Britain. Here in the states you can find Redbreast, Yellow Spot and Midleton, ranging from about $50 up to $150. All are very go…
If it's purely bond income, then it's taxed as ordinary income in your taxable account, and taxed identically when you'd withdraw the proceeds from an IRA.
Also, if you have a broker, they could likely confirm. I do know Schwab has resourcing in t…
I think that might depend on which type of CEF you want to purchase. As an example, it makes no sense to hold a muni CEF in an IRA because the dollars would be taxed on withdrawal. In other words, you simply need to determine the tax status of the i…
Weather Underground is my go-to site for weather, and their blog "Category 6" does a good job explaining current status of extreme weather events. It is run and moderated by their founder, and PhD in Meteorology. As noted below for the latest entry.…
This is not the first reporting of the President being in varying stages of mental distress, to the point of being erratic and a danger. As such, the op-ed is a cowardly substitute for currently available Constitutional provisions available for reme…
Ben...I took note of your and slick's comments on Jain's offerings in April of this year. While I don't think the delta in short term performance is overly meaningful, I do find Jain's market cap and regional coverage a bit more to my liking...speci…
Today, I traded out of ROSOX and into GSIHX, now that the latter is available NTF at Schwab.
I'm at a 62% equity position now...the most conservative ever (for me). Similar to Old Skeet, I'm sitting on a pile of cash waiting for a pullback, pullin…
