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.
.....But I did not move this thread to OT. :)
SOMEONE did... As noted by @Old_Joe, the INVESTMENT implications here are pretty obvious, thus I originally put the thing into the "other investing" category. to wit.:
https://finance.yahoo.com/quote…
Truth! They are gambling with lives. No one can say it's a mix-up, like the Air Canada plane that ran out of gas and had to do an emergency landing at a retired military airstrip in Manitoba, which was by then being used for drag-racing at the time.…
FYI, I purchased shares in PRCFX 12/8/23 and 1/4/24 through Fidelity. Both transactions took 3-4 days to settle. I’ve never had a fund purchase take so long to settle since I’ve been doing transactions online. I plan to speak to someone at Fidelity …
Oh, yes. Everyone will get "lawyered-up." Surprised the bolt was found so soon, in a teacher's backyard. Will airlines everywhere cancel their orders for new Max-9 737s? It's very rare to take planes out of service. I remember than the L-1011 is one…
I'm using thre FREE version of Stock Rover, and find it very handy. Lots of data instantly visible, unlike M*. The PAID version offers even more specifics.
Not to rain on your parade. I’ve hauled in 30-35 pound salmon with heavier gear trolling deep water in the great lakes and have landed 2-3 pound rainbow, brook or brown trout hooked on light tackle in shallow streams and ponds. For sheer enjoyment …
@Tarwheel, when the old M* Portfolio goes away, so will the old M* Watchlist that is within the M* Portfolio. So, both will be available through 2024.
You can transfer both the Portfolio and Watchlist into the new M* Investors that isn't ready for …
Limit order went through for a bit more of PSTL. Call me crazy. It's just too cheap at the moment. Stinky poopy start to 2024. Maybe a good thing: let some air out of the bubble.
So... starting my sale of PRNEX, in deliberate steps. First tranche went through last night. Part of my annual January withdrawal swipe out of the IRA.
@Crash ". Zero tax due, after deductions." Deductions from your wife's pay check ? If that's what your saying , will they be enough to cover withdrawals from tax-sheltered account ?
With that said, it may be better to pay taxes now than later ?
…
Wifey prefers that I continue to move more from tax-sheltered to taxable.
That sure sounds like a bad idea to me @Crash, unless you are paying taxes now and converting to a Roth.
Truth. :)
But I did not mention that we simply do not pay any F…
+1. @Roy.
*************
Well, yes, I might get cut, but it won't be because I'm trying to catch the knife in mid-air. Just trying to keep things simple. Wifey prefers that I continue to move more from tax-sheltered to taxable. Not so many rules and…
(Snip)
2024 will determine whether I stick with PSTL. David Sherman warned about share dilution in the REIT sector, and that DID happen in '23. Very attractive dividend, though, and lots of room for growth.
9% undervalued. (Morningstar.)
1-year ret…
Looks like Mr. Bruce has locked in AAA 10 and 20-year duration, quite a bit, with the bond sleeve. A balanced fund with 3.04% yield? That's lovely. OK, so... What about the GROWTH, eh? A correction: most of the holdings are MID-CAP, but bordering on…
Proportions: I continue to be severely overweight PRWCX, approaching 40% of my stuff. 5 single-stocks = 14% of total. Gonna bring it down to 4, rather than 5. I guess there's no magic recipe for avoiding "Di-worse-ification."
REITs.
I recall @davidmoran likes FRT. Still 26% undervalued (Morningstar.)
Stock Rover pegs the target price @$107.50, just 4.32% from where it sits at the end of 2023. I continue to track it.
2024 will determine whether I stick with PSTL. David …
can I be stupid and ask what is a SMID
"Smid" is a contraction referring to a combination of both small-caps and mid-caps. :)
No worries. It's good that you asked. Might also fill-in the gaps for someone else, too.
Happy New Year!
@Observant1
Thank you! Indeed, things ARE looking up. @rforno noticed that it might just be that the Market "barfed" its way to the end of the year, and that's what happened on Dec. 29th. But after all, it's just another day. One more day. Mr. Mark…
For convenience I don't wanna move out of TRP. PRWCX is almost 40% of my total. It chugs along. My junk bonds TUHYX and PRCPX are doing well: one much better than the other on account of the price-point when I got in. But even the laggard has done s…
Closing bell 90 minutes away. Looks to be a ho-hum day, down, not up. Sometimes, my single stocks surprise me at the last minute. We'll see. Certainly has been a better back-end to 2023 than the months earlier. Happy Motoring!
I own it in the wife's IRA. Only just more than 4% of the entire portfolio's total. Rates coming down ought to help, whenever that may start. Seems to me they "forgot" to take the annual small IRA maintenance fee.
I have lotsa free time. I check e…
No EM here, either.
Final trading day of 2023:
Picking-apart PRNEX. A slug went to TUHYX. A morsel went to PRCPX. Another morsel went to PRWCX. Holding a bunch to perhaps buy-into PRCFX. I'll do my annual January cash-out thing with what's left of …
Still DYING to see the ACTUAL holdings.
Not to be belligerent, but why? If you don't agree with the holdings, are you going to tell Giroux you disagree with him? So many have said, I need to see the holdings, but I don't get it. I know I'm not smar…
5.3% CDs STILL available at Navy Fed (with restriction on amount) and Northeast Bank ($5k minimum.). There are surely others.
YES, they look attractive. But no, I have not taken a bite. That might be the last base I try to cover, in constructing the…
"Grass" is powerful!
Re-reading El-Erian.
TWO (2) current BIG items he spends a lot of space explaining:
1) The way Russia has been able to maneuver around Western sanctions due to the invasion of Ukraine.
2) Continued, unlimited aid to Israel, eve…
