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 tend to buy active and unconstrained bond funds and let the manager decide what the credit risk is, but I am sure a lot of unsuspecting people will be sold a bill of goods when the "private credit" ETFs come out
Things that look revolutionary can be very hard to invest in. Many people must have looked at the Wright Bros success and figured airplanes would be a great way to make money. I an sure people made money in Boeing, GE etc, but not in airlines unle…
I have spent my entire tax paying life in states that constantly send far more money to DC then we get in return and ones that show up here as having minimal transfer income.
It is galling to have folks whose communities already receive massive tra…
I also own NLR CCJ and GRID. I am a bit suspicious of SMR as their first project sorta died. It seems obvious if this country has run small nuclear reactors on submarines and large surface ships, we can design and rum small reactors for Data farms…
last week I bought a few thousand SMR and OKLO to increase my nuclear energy investments.
WOW up 75%!!! Unfortunately the "few thousand " was dollars, not shares
@junkster
Do you carry an ERB? ( Emergency Response Beacon)Our daughter-in-law insisted we take one when we went on our wilderness canoe trip. It would have taken at least two days to get out and get help; even when we got to the car we were 20 m…
I bought in in Feb and am up about 10% It seems to be doing about as well as many other Value funds ,although VTV is ahead. Among the other actively managed value funds I follow or use are pretty much 100% invested, so MRFOX 25% cash makes their re…
JEPI has outperformed GATEX by a wide margin since JEPI inception. I assume this is because GATEX also buys puts, which have not helped during a bull market
I left long ago when they sold the firm to AGM, and the principals walked off with a pot of money
They responded to the criticisms saying that they needed "estate planning options" but as I remember, one's only dependent was his cat
I think the other issue is they went to a "team" approach, so even if you have substantial $ you do not get one individual to work on your issues, unless maybe you pay for "personal advisor". I explored using their Personal Advisor but they only use…
I drive cars till they quit. We have had great luck with Prius V. Almost 200,000 miles ten years old
Not as fun to drive s others but best deal I ever made in a car
Anybody else notice the Union President ( and his son) make close to $ 1,000,000 a year? Dad owns a Bentley but recently sold his 60 foot yacht, was indicted on RICO charges for mob connections ( and one of his co-defendents was killed in mob hit).…
I have been fiddling around with procedure for with holding taxes on RMDs in anticipation of my withdrawals next year.
Does anyone have experiences on Schwab of Fidelity's with holding policies? Can you have most or all of RMD withheld for taxes?
…
It is concerning that the IRS chart discussing the differences between RMD for IRAs and Defined contribution plans still uses 72 as the age for RMDs ( even though it says it was updated 8/2024)
" April 1 of the year following the later of the year…
Earlier in the year you might require a higher quarterly estimated tax payment so waiting until late might save be better unless you are paying 100% of last years taxes
Are you looking for a value, growth or blend fund?
As something like 60% of the smallcap index companies are unprofitable, most people think active management is better.
Just ETFs? Why not look at OEFs too?
There is another disturbance in the Caribbean with a 40% of developing into a named tropical depression, tropical depression "12" 600 miles west of Cape Verde islands that will probably become a hurricane and a another disturbance nearer the Cape …
Most of what Marks said recently is old news. The massive peacetime budget deficits really started under Reagan when they admitted they wand "to starve the beast".
His famous quote about the 12 most dangerous words in the English language " I am he…
NYT has a "nuclear power is a disaster" article harking back to Three Mile Island, which I remember well. I saw "China Syndrome" the day before three mile Island cratered. Talk about life imitating fiction!
The New Yorker had a three part article…
I am adding to UTES and energy. AI needs lots and GRID will also benefit. But they could all crash if AI flops
But then so would everything else
One newsletter I read had an analysis of TSMC energy needs. All fossil fuel and little renewables in …
NYT reports feds allege he has been taking gifts and bribes for years. Holy shades of Spiro Agnew!
Should shut down you know who's claim only GOP is targeted by DOJ.
Adams speech was interrupted by black spectators shouting "you are an embarrassm…
I had a similar question recently having started a position in MLN last fall. MLN is riskier than I like although even "conservative" higher yield munis lost 15% or more in 2022. MLN has bounced back so I kept it not wanting more capital gains.
A…
In general, models like these are helpful to me, but I rarely do exactly what they recommend
It is difficult I have found to accurately predict what your spending will be in retirement. I ran multiple [plans over the years but the reality in retire…
I couldn't open the link but googled Kotlikoff and found it on his substack page.
You get what you pay for. Fido is free. MAxFi (Kotlikoff) costs $89 a year, but you only need to run it once and then maybe a few years latter. They will save your da…
@Anna
It was good while it lasted but now the question is where to go. None o the index funds are appealing except maybe the extended market fund.
I will probably roll my account over, unless their annuity rates look great, but I am not a fan of …
Kinnel seems to imply you have to subscribe to M* Institutional database to run the screen. I haven't tried it in Fund investor. But why publish articles for individual investors based on a screen only available to high end clients?
QLTY is 8% MSFT 3-4% UNH META AMZN APPL
PE close to SP500 P/B higher than SP500; does not seem a value fund.
I think this position paper is laying the groundwork for their Value ETFs
I think these criteria are too M* centric. Do you really care if M* rates a fund's "parent" as sub optimal? Most of these ratings are machine driven anyway.
My favorite is down rating a fund ( I forgot which one) for "high manager turnover " whe…
