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.
@hank
Thank you for your observations.
@redwing
Yes, I do agree that there will be variations; even if very short to market moves. I still feel there is too much inexpensive investment monies from big and powerful investment houses using algos and h…
Hi @larryB
I am aware of the traditional Black Swan definition. I've linked an Investopedia write regarding this, and have pulled a portion of the write, just below.
As to an out-of-thin-air Black Swan event; I surely won't have advance warning thro…
Tax reform package and utility companies......I'd read through some of this article before thinking about a pure utility investment at this time. I recall that Michigan utilities had to submit their plans regarding rates and such going forward yeste…
Howdy @Crash
Have you a yield number from a bond fund which you consider to be high enough, to suit your needs, at this point in the bond(s) investment cycle?
PRSNX indicates a current 30 day yield of 3.5% and a trailing 12 month yield of 3.41%. The…
Perhaps the 46% YTD return (in the subject line) for 2018 through the end of July, 2018 is a bit of a stretch; but a +21% return for a lot of equity funds seemed a bit of a stretch in January of 2017, for that year, too.
Re-do: I don't find it dif…
Hi @Mark
Agree.
I read, last week, the initial article linked within the "Reformed Broker" link. These changes will possibly affect some funds and/or indexes. Regardless of the "new" category names, the tech. has been inside of many funds and inde…
Hi @Old_Joe
You noted:"Welcome to the third world. The ultimate irony is that Trump and his cohort will make a "shithole country" out of us too, before he's done."
What are the odds that a management team is working on an relative etf, soon coming t…
@Old_Skeet and @VintageFreak Below is a chart of the mentioned etfs set for the last 64 trading days. What would one do with this charting to define an action? If you choose to change the time frame, right click upon the 64 days box and choose a p…
Hi @hank
I added a few more bond types for the time period.
I will add too, that yes, as you noted; bond yields have continued to trend downward since the market melt; but this has caused the price to increase and offer capital appreciation. So, if…
PRPFX apparently has been "bothered" by more than gold pricing. Too many internal holdings to look closer, as I don't get paid very much for this type of work.
Chart looking back to November, 2004 for PRPFX and GLD.
http://stockcharts.com/freech…
AS this thread is income/bond related......
Rumor, playing the markets or real? I sure don't know.
One will likely read or hear more about this today.
China to slow, or stop buying U.S. Treasuries??? One will likely read or hear more about this …
I agree with @Junkster about that solid return number.
Here is a broad based search (below bold, skip the first top box dated July, 2017) related to the recent action of Bank of Japan and their bonds. Pick your story for info.
Are all the big cen…
Hi @hank and @Old_Joe
Not quite sure what to make of a comparative to the delusional statement from Trump of his "being a stable genius"; or my knowing the difference between the horse's head and arse, which may be equated to "cranial rectal invers…
@MikeM
--- I'm inclined towards your direction, too. Leaning more towards the large cap. stuff; and for some of the reasoning provided from @msf . I continue to "feel" that the big kids will attempt to "eat" the smaller kids. 'Course some of these g…
What I know, assume and information I am able to provide:
---First, this will be my last venture into an information area not directly related to investing..... "of thought you may like to know" such as this; as I don't have enough days left on thi…
Not much inflation fighting happening with STPZ; but if one can handle the big swings and have a feel for the markets; go play with the big dog/cousin LTPZ. Have played in this area before and escaped with a decent return, but one has to pay close a…
Hi @Old_Skeet
You noted: "Probally, small will lead large as we enter 2018 up towards spring. Then large will lead small through the summer and into fall. Come fall small will again become the leader."
And the reasoning behind this scenario?
Thanks,…
Hi @Mitchelg
You note a good point about flexibility with some investment houses. Several years ago I had a "finger problem" combined with a "too busy of a day syndrome" with a Fidelity purchase. I bought a Fido fund I had not intended to purchase. …
Hi @MikeM
You noted: " If I'm withdrawing money from an IRA, why do I care if KCMTX has a bigger distribution than PRWCX if their total return is the same?"
Put me on the list for "total return". I don't care how the return arrives. When the money…
Hi @Ted,
The critical measure(s) of a total portfolio related to performance is:
--- what is the percentage holding of a particular investment, relative to the total portfolio, which obviously gives or takes away a % from total portfolio performanc…
Hi@Crash
Hoping you have blood pressure meds at hand and/or have studied and use meditation techniques or whatever other technique provides a path to peace and calm.
We all have enough other exposures that may physically kill us, in particular "age…
So, if I have for example:
--- 3 active managed equity funds and.....
--- 3 active managed bond funds
; and I attempt to perform periodic re-balance among these funds, am I not "meddling" with the active management of the funds and perhaps defeatin…
Hi @Old_Skeet
So, I purchased FCNTX and PIMIX , March 17, 2009; 50% of a total portfolio into each.
What would one do, especially after Feb. 2013 when Fido Contra really started to walk upward and away from PIMIX?
Would one sell pieces of FCNTX and…
Couldn't resist the visual look to satisfy my curious brain. I also have been watching as to or if the "value" area is going to receive a more aggressive bump up.....and there is a bit here now.
Nov. 2013 to date:
http://stockcharts.com/freechart…
Hi @bee
The last chart shows that RE funds do react to a change in yield of the 30 year bond and perhaps to the 10 year, too.
So, are the active managed funds managers "twitching" to changes in interest rates; and if so, only from a technical standp…
Hi @bee
Per your question about rising rates and effects upon RE related, I will offer a chart and a few thoughts. You and all others must keep in mind that I have no formal training in this area. My self - issued and printed "School of Hard Knocks…
Hi @bee
As we know the markets are sometimes silly, funny and most times difficult to attempt to find proper paths for our money (adjusted for one's risk style). Since the market melt, anticipated and accepted gains have been found in many areas. Th…
Hi @bee
I presume you meant, FRIFX .
I suspect IYR cash flows may be more related to hedge funds and related groups "playing" with money in this sector.
Being curious, I checked the following:
Both funds, Oct. 2000 to date:
http://stockcharts.com/freecharts/perf.php?TREMX,EUROX&n=4311&O=011000
Both funds, Jan. 2016 to date: both funds have had a decent run since Jan. 2016; is there may be…
At least for the period shown in the chart below, the "buy back" has not had an advantage to SPY . However, the international version has been fairly happy.
PKW IKPW SPY below for March, 2014 to date.
This is an active chart and updates each busi…
I'll stay with the 3 funds listed previous for a 3 time periods view. We don't have any money directed to this area (AQR offerings); but an interesting study, none the less.
--- Jan. 2010 - Jan. 2012. Brief background. Euro/Japan still attempting …
Do any of the AQR funds outperform over a long time frame, say; against healthcare funds or long term Treasury issue funds?
Appears that many of the AQR funds are more suited to a down or bear market function.
I smile at this notation regarding A…
One commentator for this article; although perhaps borrowing the thought from another source, presents the most likely scenario result from passage of the "tax legislation" relative to corporate taxation, IMHO. One of their investment choices may be…
No money in any of the funds mentioned; but curious as to total returns.
The time frame is from May 31, 2011 to current date.
http://stockcharts.com/freecharts/perf.php?ZEOIX,LALDX,RPHYX&n=1627&O=011000
