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.
I have a small $ amount in the Rockefeller Climate Solutions Fund, which they set up from their LLP that has been running for several years. The Rockefeller foundation and family office have dumped XOM etc and are trying to make up for John D's cre…
I just got a new truck with Sirius XM for three months. Then they send me an offer for an additional two months free if I sign up for a subscription
Subscription costs $75 for three months! I like classic rock and roll 60's, classical music and o…
Bloomberg has two columnists with close to opposing views. I am pretty sure you need to subscribe to read these but
https://www.bloomberg.com/opinion/articles/2022-07-14/how-many-months-until-the-fed-brings-inflation-nearing-double-digits-to-a-pea…
@davidmorman
thanks for link to Yahoo re PFIX. I am not well versed enough in options and swaps to know why PFIX volatility is higher than the interest rate volatility, although I suspect it has to do with the time frame Bassman is aiming at ( ie …
I am fairly certain if you pay 100% of your 2021 total on time, there will be no penalty regardless of your 2022 income.
If you take RMDs, you can pay all of your estimates taxes at the end of the year and have it count for entire year without pen…
I have mentioned this before, but it is worth looking at PFIX for inflation protection. Harvey Bassman at "Convexity Maven" has designed this ETF with swaps on treasury futures to tract inflation. He has a great web site with lots of data and tabl…
Sorry I meant BDC. Most BDCs ( ie MAIN) are down 10% or more anticipating bankruptcy of some of their companies with a big recession.
Not sure again how much Marks is really involved.
Marks primary role in the past was managing OAK or Oaktree Capital Management LLC.
He sold it to Brookfield Asset Management which is publicly traded BAM but has Billions of dollars in other assets, mostly real estate and infrastructure.
OCSL lis…
While I a not sure I believe them, Schwab chat claims with fed reserve raising rates, next months payout will be close to 1.19%. The "waivers' apply to individual investors also he says. The $1.61 was on6/15 same day fed hiked rates
I saw the same data.
One of my smaller accounts received $1.61 on 6/15 on a SWVXX balance of $3217
Annualizing it and not accounting for compounding that is $19.32 a year
19.32/3217 is 0.6%
Will email them.
I just looked at take home after taxes ( Mass tax is 5%)
At Schwab Short term treasuries look the best with 3 mo 1.47 vs Schwab MM 1.11
Their muni MM at my tax rate is 0.64% pretty pathetic!
I guess the spread at 3mos implies that rates will be …
I wonder if M* will still provide Quicken portfolio Instant Xray ( not quite as comprehensive as the one online at M* but quick and easy).
I just use Quicken on my laptop, so I don't know Quicken App will also track investments
Hopefully M* will …
Some interesting ideas from one of my advisors
20% declines not caused by electronic trading (1987) or Pandemic ( 2020)
1970 down 35% Recovered 20 months later
1973 down 48% rec 2114 days later !!!
1982 down 26% rec 68 days
2001 down 4…
Thanks for suggestions. Will look at them but would like one I can run on Windows PC too.
Here is the "we don't care if you have been a customer for three decades" response from M*
Dear ******
Thank you for writing to Morningstar. We certainly ap…
I find Calum Thomas's Chartstorm useful for overall market trends. Basic version is free.
This week he makes the important point ( as have others) that despite the rapid decline in SP500 etc, and the historically fast drop in the P/E to 15 or so ( …
I am glad others have found Lance Roberts. I find his daily emails very interesting and useful.
A number of people are predicting a short term bear market rally, to sucker everyone back in and then a huge crash.
The thing that stands out to me is …
@Ben @msf
I am glad to hear that converting my current watch lists to portfolios and then migrating them to "Investor" is apparently easy.
However this does not resolve the lack of an "import " function in Investor. As I mentioned above, I import …
There are a lot of people posting negative comments on M* discussion boards, especially about the lack of importing, for good reason. I would add my two cents worth but their system won't let me sign in, although I can log in to see my portfolios wi…
This may be the final nail in M* coffin for me. Thanks for screwing up a totally functional system and then increasing the price!
I have paid them money for lots of thing (remember the old tissue paper thin mutual fund reports?) since probably 19…
As a theory, managed futures sound wonderful, but I like many others have been disappointed. I bought AHLPX after extensive research helped me decide it had the best and least volatile track record. I held it for about six months in 2021 when it bas…
"Most people" think that capitulation will not occur until VIX hits 40.
34 today
I would assume also we have to see oil and food costs at least stabilize, and not keep going up. Friday's CPI ex food and energy, I think, was down a tad. This may…
My only concerns with "bucket" suggestions is that I think they underestimate how long the market can be down. While I do not think American Association of Individual Investors (AAII) is helpful most of the time, they did provide simple guidelines …
Look at REMX and GEMT
Focused on rare earths needed for a lot of technology ( and basically owned by China) and "green metals needed in EVs
LIT has been around since 2010 and is more liquid and more transparent than EVMT
Only 3% TSLA. A good thin…
Looking forward to hearing if this inability to compare ETFs to Mutual Funds is permanent. I suspect it is, since they now require a separate page for the chart itself. Just another nail in the coffin of M* for individual investors. Dumbing down th…
I assume they will offer something other than passive index funds, as the C F I E funds and the lifecycle funds fill that bill now. If they use a Fund vendor, like Vanguard's "Fund Access" there might be some useful funds.
I suspect there are a l…
I am not sure given the large number of people unemployed now but not looking for work today ( Long Coviders?, living on the increased dole, early retirees??) the unemployment rate would need to rise significantly with stagflation. It was 5% last A…
A quick look shows ITA overweight in Raytheon and LM ( 39%) with BA 5%
PPA is based on "SPADE defense index" which looks like the only one limited to defense firms, an does not include aerospace. Latter I would think will be economically sensitiv…
If I read another headline about the latest "undiscovered safe" stock or fund with a yield of 10% I will throw up.
All you have to do is look at ATT. What good was the 6% dividend when the stock is down 20 to 30% in the last 3 to 5 years?
What I assume is fueling the rallies is the fact that earnings for many firms are still good. In fact Chubb, Northrup Grumman and Leggett and Platt just raised their dividends.
See Comments I posted under "Rally soon" from Bespoke. Even in 2008 SP500 didn't go over 8 loosing weeks in a row.
But I don't think anything has been "fixed" and accepting the various measures of how high valuations were ( ie Hussy) this can clea…
From Bespoke Report free email.
The first shows historical weekly losing streaks for the S&P 500. At 7 consecutive down weeks (and counting), this is the longest losing streak for the US stock market since 2001. There have only been three p…
I have been looking at FARIX an absolute return/ Global Macro fund that FD100 mentioned on another board. They have a fair amount of useful data and information on their website. It has low correlations to Global equities (0.3) and FI (-0.3) and a …
I have read Weiner for years, as the newsletter is cheap although he rarely changes anything in the portfolios. However, it would not be my first choice for income, as his income portfolio looses 20% when the market crashes.
Having said that, he i…
The interview is another example of the declining usefulness of Barron's interviews. She doesn't say anything new, really. AI, Big Data, genomic revolution have been predicted to revolutionize health care for at least the last 20 years. No one talks…
