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.
David
Since you will be meeting with M* folks in person, please tell them how valuable this individual investor finds the OLD portfolio manger. I have been using it for years and find it much better than the new version in "Investor".
The latter …
Enjoy yourself David. You deserve it.
Talk to as many Mutual fund mangers as you can. They cant be happy with M* increasing focus on Advisors. I think it is only a matter of time before they pull the plug on what few tools they still support for …
Are they considering large positions and what % of total assets? I would be cautious, as an individual investor, putting a lot of money in individual stocks. Why not pick a good dividend fund, a REIT fund and maybe a bond fund like OSTIX.
I woul…
It is odd that a company like Boeing could fall apart while others like Toyota can continue to build very reliable products, but I think it is due to a common factor GREED
The same ongoing disasters are very common in health care where the bean co…
@crash
I cannot say there is a lot of rhyme my reason. I have always gravitated to value metrics, but have been burned many times for refusing "pay up" for stocks with high PEs. Using some of the classic "Value funds" over the years has precip…
Overall portfolio is up 5% YTD about 40% in equities
"dividend' stocks are up 11% LT Growth US 9% "speculative" ( ie tech) 13% Energy 6%
International 14% Emerging Markets flat
The most surprising are individual stocks an advisor picks i…
@Tarwheel
Hard to generalize about state pensions. My sister in Texas is in similar shape as you.
But if you had worked in CT you would get traditional 60 to 70% of “high three average” ( go overtime go) with inflation adjustments AND lifetime he…
The only specifics I have read about NVDA financing is that are reportedly "selling" their processors to large Cloud Companies for Cloud time in the future
I assume they are booking the sales as revenue, even though no money changes hands
Per Jesse Felder
Over the past 32 trading days, NVDA has gained more than $1 trillion in market cap. To put that into some sort of perspective, the 6-week gain is greater than the total market cap of BRKA, which Warren Buffett has spent 6 decades …
We have been on guided tips and almost suffered casualties. One was pure stupidity by an experienced woman.The other an almost drowning in a big whirlpool.
On the trips we have taken with guides, they all have had Sat Phones and guns for emergencie…
@sven
I got the fee waived when I told my rep that I wanted to move VTMFX over from Vanguard but would not because of the fee. He waived it
I have not asked about others but I should. All he can do is say no
@msf @sven
Worth talking to Lynnbolin2021 who uses both Vanguard and Fido advisors I think.
The Vanguard guy did not seem inexperienced on the phone, but clearly said they would not take any of our legacy positions into account when managing…
We go ( or used to go but are planning a new trip at 72 YO) Wilderness Canoeing in the Boundary Waters Canoe area/ Quetico Provincial Park in Canada. Totally off the grid, obviously, it is the largest roadless wilderness area outside of Alaska and…
@sven
Fido was wife's 401k custodian so most of her retirement money is there.
Our joint taxable account we started in 1988 at Schwab when we had an advisor for mutual funds. He used Littman-Gregory " No Load Fund Analyst" ( anybody else remembe…
Our recent transfer out of Vangurad to Fido went smoothly in LT a week.
We had an Admiral fund VTMFX transferred to Schwab. I asked our rep, who we have known for years and agreed to wave the purchase fee. We have a pretty big account so that may b…
@Observent1
The other interesting thing about your story is how far those now great companies fell before they turned around.
We all remember the winners like that, but nobody talks about WorldCom, Global Crossing etc. They were hot story stocks t…
Gill seems to be smart enough to know to know that " I am buying GME" after he bought thousands of calls is pump and dump but he probably thinks the images he posts on Twitter cannot be proven to have the same implications.
A screenshot like that w…
added a little to my positions in GRID NLR and started a small position in KMI to take advantage of long term ( ie 2030 and beyond) need for electricity for AI etc.
Most of what I read says renewables will not be reliable enough and will need lot…
We have about 5% international. Most of that ( 60%) is in individual stocks run by the manager we use for about 20% of our total portfolios.
He has done a super job in the last two years with just about 6 foreign stocks. They are up 75%, a lot bet…
@JD_co
Just checked Yahoo for two funds I own
Lists the minimum for PVCMX as $500,000 which is incorrect at least at Schwab and Vanguard
and $1,000,000 for RKCIX ( (wrong) and only our brokerages Schwab no among them
It als claims you can buy…
@hondo
Wife 401k was at Fido and most of non retirement money at Schwab and Vanguard
I dislike using one brokerage for redundancy purposes
Schwab customer service has always been better than Fido although there is the irritating issue of no sweep…
As Ipostd on the other recent Vanguard thread, I moved the last two of my wife's accounts last week. She opened her first VAnguard account in 1983
They had to really work hard to drive us away
I just moved our last two accounts from Vanguard
We have had accounts there in one form or another since 1983
They really had to work hard to force us out!
I have some EPD an don't mind dealing with the K-1ut I am retired and have plenty of time to figure it out. As stated you can get it online usually a couple of weeks before 4/15
The tax consequences of selling it are complicated but you can figure…
I think there is a conspiracy between the auto manufacturers and insurance companies and state government.
A friend just knocked of her outside rear view mirror. $7000 to replace it with the al the electronics heated mirror etc.
When was the last …
And they don't tell you much about how much they get paid. Most "directors" are listed as directors for dozens of funds
Jeff DeMAso of Independent Vanguard Advisor says that Deana Mulligan got $1.5 million as a director in the six years she was on…
I you can read it and not behind paywall good article about the crisis in home insurance
https://www.nytimes.com/interactive/2024/05/13/climate/insurance-homes-climate-change-weather.html
Regarding car insurance, we had an old station wagon that g…
I have done well in commodities and companies that produce them recently, primarily due to exposure to oil and uranium.
The "story" that you hear especially for oil and energy is that there is significant underinvestment in production as oil compan…
