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.
Central banks are still concerned with the nasty "deflation". Euroland just went negative for "inflation" from a report a few days ago.........correct me if I am wrong. South Korea reported today a +.6% inflation rate.
Lets see/think............Nor…
And Scottrade still would like me to be a customer ???
An aside: @PRESSmUP and @little5bee I won't be swayed to change my avatar, cause it means and says too much about the world for me; but if I did change at this point, for sake of this conver…
Hi @Tony
I did some paper trades with inverse etf's in a few areas and didn't do too bad.
However, I found my daily time frame to put a pinch in this style of investing.
For those who can really apply the time, there is excellent money to be had i…
Hi @Tony
Don't have to answer this...........but, have you purchased in the past few months; any inverse etf positions with the equity areas moving downward?
And the purchase of EDV tells a bit of a story of itself.
Hoping all is well in your part …
Hi @Old_Skeet
Yes, today; tis a bit difficult to "claw" a return above taxes and inflation from many bond funds for this house. 'Course, some bond holdings are also a cushion against a larger down side when equity areas (or other areas of one's choi…
Well, if indeed 70% of market activity is from the machines/algos, and the equity sectors are moving downward; then the money does not just go, it goes to short or inverse positions or other areas ripe for new cash, the "value" plays, eh?
This "cas…
If interested, one can dig through the composition to discover whether this fund is invested as per its name. I have not reviewed the holdings at the home page of this fund.
Fidelity composition
Note: style map indicates "large value", but invest…
Hi @ron
Glad to know you are hanging in there.............
Now, that cash part you noted...no cash position at this house. :) :) :)
We'll survive; but current holdings are indeed subject to change in the next few weeks, if necessary.
Take care…
Hi @scott
Not disagreeing with the article about cash/check transactions to a point.
Relative only to atm machine transactions from about 10-15 years ago; customers generally accessed their checking/saving acct's at atms to obtain "cash". This tran…
@scott
Thank you.
Boehner links................
And, by chance only; I happened to see Ms. Yellen's speech at the end. I was very surprised someone did not come onto the stage to assist her. She (her medical circumstance) was indeed having a probl…
Hi @Mitchelg
Is it not "technically" illegal for U.S. citizens to purchase prescription drugs from Canada???
http://www.peoplespharmacy.com/2015/02/02/is-it-illegal-to-get-your-prescriptions-from-canada/
Hi @hank
You noted:
"(And I haven't met any rich nurses lately.)"
From recall, the current line worker at GM in Michigan earns $22 or $25/hour ($45,800 annual gross). They have a healthcare plan and I believe had about $5,600 last year in a profi…
Howdy @rforno
Agree............rebalance one's own portfolio as needed; not just at 12:30pm on some day into the future, for a given year.
Regards,
Catch
@little5bee
What is that funny "M" thingy for your avatar here??? Perhaps part of MFO got hacked !
The colors are all wrong, and some of the lettering is missing.
Should be green and white and the full letter set should be: MSU
Oddly enough, …
@Old_Joe
Exactly. Except, possibly, in simple minds.
Ah, come on now.
When I was a young one, I learned that when I boiled/distilled enough "sap" from the maple trees in the spring, in the back 40; that I would arrive with a decent maple syrup in t…
@MJG
You noted: "In general, Economists have a Physics envy. They truly want to advance economic theory to the precision of physics laws. To accomplish this task they rely more and more on mathematical modeling and sophisticated statistical analyse…
Hi @hank
Now, my first line in the post is: "Now that was easy, eh?"
Yes, it may be quite simple to perform nicely with an investment portfolio.
VTI and PONDX / PIMIX or your favorite bond fund, 50/50 into each and take a nap.
3 year combo avg. …
Hi @David_Snowball
Thank you for the overview.
You would not have taken the time, IMO; to note the above if you did not feel there is value to Leuthold's opinion.
Might this also be, to some extent; your near term market view, too.
Regards,
Cat…
@Crash
In wonderful English grammar, I will state: "I don't see no barking dog with PRWCX and no need to take part of the fund and escort it to another place."
I am sure you are aware of the category return status of this fund over the years, per M…
Perhaps we here are already at the, a little bit "nuts" stage, to be investors and discussing this fine "art" form at a magical electronic interface with global connections.
I used to have a similar amount of fun falling into the 8 foot wide creek…
Teachers I know in Michigan continue to receive their wage spread throughout the summer break, while they are away from active teaching, but do have a contract indicating employment with the expiration of "summer break".
All indications point towar…
Hi @Tony
Thinking cash here, too; as even the bonds are doing nothing. We're on the edge of going negative for the year for all combined holdings.......and have not been there for a long time.
Regards,
Catch
One may fully understand the implied or known meaning of "lottery/gambling", eh?
Full faith in one's government :) :) :)
The most sad aspect is whether those in higher government positions in this state, even show a hint of being embarrassed abo…
The chart looks as it should at TR Price's web site. Scroll down a bit on the left side of page.
Where did the author of "Daily Shots" obtain his chart???
http://www3.troweprice.com/fb2/fbkweb/snapshot.do?ticker=PRLAX&van=lam
Hi @Old_Skeet
You and bee continued to discuss the reporting/data problems. I didn't know whether you had read Ted's posts about the problem.........nothing more, nothing less.
Didn't intent to waste your time; just being helpful.
Back to my c…
@Old_Joe
Well, I know you're better with your picks than many; so your portfolio will remain in the upper 15th percentile when viewed against all category averages at M*. Tis where we find ourselves, so not too disappointed; although I never like to…
@jerry
This is the short term bond list from the above M* link. You may sort them with clicking on the column headers for returns. You may also click upon the tickers to view within M*.
Or you could Google AA short term bond funds that may provide …
Hi @Sven
With all respect to and for you with your position.......whew !; what a challenge.
A few trinkets I will add and I would use "if" I had your responsibility for such a decision area.
My wife and I have been involved, at a voluntary leve…
Hi @rforno
Yes.
I still have to guage these type of funds against a longer time frame than a week or two.
Does one keep a portion of a portfolio in these as protection against downturns? If the equity market is down for more than one year, would…
To note from the write:
"The long-term bond fund category declined by 14 basis points on Monday, while the Barclays U.S. Aggregate Bond Index declined by 3.03%."
Uh, I think not on the "declined by 3.03%, for apparently AGG".
Well, just an obser…
Hi @scott
Yes.........!!!!!!!!!!!!!
Guess I'm gonna buy on this "dip", eh?
Sure don't mean I'm right; but looking around there are too many sells in areas that have very good value.
Appears this selling is wholesale.
'Course watched and took …
Hi @hank
Ah, Mr.Spencer Abraham. He is highly educated; but I'm sure his statement was from a low, position person at the energy department and was not a part of his personal insight.
But, who knows.......... Those were the times that were in place…
