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.
The only solution I see is if 5 or so Republicans who were elected from blue districts cross over to vote with Dems to raise the ceiling… There has been some quiet discussion of this happening. Those folks won’t get re-elected if there is a default…
@Jim0445. That sounds very strange. The fund is supposed to be open to additional purchases for existing shareholders. You could call a different brokerage and ask that if you transferred your account would they allow you to add to your shares. …
Hey @PRESSmUP... Oh I think I remember you mentioning that fund a couple of years ago as having great recovery from the financial crisis... Am I correct in that. It seems to me we are due for a rebound soon in financials as fear has been driving t…
These are the key attributes that attracted me to PKSAX. It is the only equity fund that I have found that has the combination of Great owl, consistent strong long term performance (3 year -- 15.9%, 5 year -- 13.9%, 10 year -- 14.9%), what I consid…
PKSAX is number one for me…. It’s my feel safe fund that has also performed… looking forward I’m most intrigued by the new Giroux etf…. Will likely put a significant position in it
@Sven Giroux updates his top 10 holdings monthly usually within a week of the beginning of the month. I check this frequently to see what he is doing. His biggest increase this past month was in UNH, which I found interesting. For the new ETF I r…
@hank. that's the one thing about the fund that makes me nervous. I'm hoping that traders don't screw up the fund. What can Giroux do to protect against that?
Thanks for sharing that data point @yogibearbull. Didn't realize we were that far from the lows on both bank etfs. its a good point. Its interesting that tech rallied so much last week in response to the drop in interest rates. But I really wond…
Some interesting comments:
John Leiper, chief investment officer at Titan Asset Management, has been working this weekend as the news around Credit Suisse kept coming. He’s been constantly checking messages and has been on the phone all the time, ge…
Fascinating stuff @David_Snowball… thx so much for providing this detailed analysis and context …. Will do some more reading up on his funds? Also great that David Sherman pops in for comment.
Yes just saw this! Is anyone considering nibbling on any of the banks? If so how are you doing so? Andrew Bary had a nice piece in Barron’s where he favored JPM, MS and GS… it’s a good read.
Factor in when you will need money and state tax
If you plan to buy equities if they come on sale, treasuries probably better idea.
So if I buy a 6 month treasury, is it pretty easy to sell it prior to maturity? I understand it’s possible that I …
@sfnative ... I'm moving funds out of the MMF at Schwab because I want to have the FDIC insurance. For now, I'm putting the funds into a Schwab bank account. I might move it to a savings account at Goldman that is also FDIC insured and pays 3.75%.…
Yeah I'm selling my Schwab MMF today because of this. Does anyone know if I can sell a MMF and also move the cash into treasuries the same day? or do I need to wait a day. I'm worried about protecting my cash. thanks.
Thanks very much for starting the thread. I had the same exact concern as you and have had discussions over the weekend with 2 friends who work at a major money center bank and also for a large U.S. mutual fund. I was advised to put my funds into …
I appreciate everyone’s posts on this topic. I invested in DODEX back in January because I wanted EM exposure and as part of that China exposure. But there are so many geopolitical risks that I’m just not sure it’s worth the risk. I’m watching it…
Thanks so much David, Lynn, Devesh and the Shadow! We can't thank you enough for the wonderful research and writing you all do for us in the community...
thanks so much for letting us know this report was out. I was intrigued by Giroux's discussion of both NXPI and TXN back in the Fall so did some more research and bought both. They have done well. I track his monthly holdings and there's a new st…
What’s interesting, I think, is that EM got off to a good start this year with DODEX briefly up north of 10%. That early impetus was from mainly a retreat from China’s harsh anti-covid lockdowns plus some easing by their central bank. However, t…
Thanks to all for your comments regarding China. Tensions are clearly rising btwn them and the U.S. and if they supply weapons to Russia all bets are off. That would overwhelm any positive news on the reopening…. It’s hard for me to justify the ri…
