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.
ARGFX Ariel Growth seems to be some special kind of small cap value fund. If anyone can explain it to me I would appreciate it. I don't really get it, but when the market tanks, when small cap value should decline less, this find always seems to los…
I think this explains things pretty well:
a normal person explains what’s happening on the stock market: pic.twitter.com/zKKvULCirX— Avalon Penrose (@avalonpenrose) January 27, 2021
This article was just published today:
https://www.bloomberg.com/news/articles/2020-12-29/bruce-berkowitz-scores-big-with-decade-long-bet-on-florida-land
Does anyone know what is driving these moves in JOE?
I could never find any news to explain its strong moves recently on the upside(Up 147% year-to-yesterday). And I see no news to explain its 12% loss in the first hour this morning. What is going …
I guess I'll be the guy to point out that this "blast from the past" is up 60% ytd, and its overall numbers now don't look bad at all.
I do recognize ahead of time that responses to this will probably start off with "Yeah, but..."
Thank you for the education. To confirm, I took the average of the growth (+37.23%) and Value (+25.82%) for 2019 and get an average of +31.5%, which equals the return of the 500 index.
It strikes me as cowardly of Morningstar to quietly drop coverage on Fairholme.
Morningstar was able to give it the kiss of death with its singular FUND OF THE DECADE award, and then with a rare NEGATIVE rating, the kiss of life!
Has the Fund of…
I'm totally changing the subject here, I admit. Just to say something interesting. Well, interesting to me anyway.
There is an old concept in accounting of a "sinking fund". The value sinks as payments are made out, and eventually its value is tota…
The market has not fallen nearly enough or hard enough to call this a dead cat bounce. Far more likely, imho is the beginning of a Santa Claus rally which starts more often than not around this time of year.
So you've got 3 years of RMD in cash? You can handle a little volatility then. How about going with USMV? Of course PRWCX, a real favorite around here, and with very good reason, might be a good choice if you could get into it.
I agree with you. I think you misinterpreted what I meant when I said it wasn't fantasyland. What I was saying is it's just a thought experiment with numbers. I wasn't saying that most people can do it.
I don't think it's really fantasyland. It just gives you an overall feel for the numbers.
But yes, $750 a month is a lot. And 20 years is a long time. And 7% is a good return. That's a lot of consistency and discipline. And a lot of work, if t…
This calculator says $392,974.05
https://www.buyupside.com/calculators/recurringinvestmentcalculatordec07.htm
Don't know where the difference comes in.
Back to this thread's title. And I just remembered this great quote from "Lays of Ancient Rome." (Thomas Babington MacAulay. Published in 1842.)
“Then out spake brave Horatius,
The Captain of the Gate:
'To every man upon this earth
Death cometh soon…
Thank you so much. That is super helpful. I had always believed that the calculation of annualized returns was some esoteric thing that I could never calculate.
Do you think there is a comprehensible way to calculate an annualized return given a s…
Personal questions for everyone: Have you ever been misquoted? Have you ever said anything that was misheard or misunderstood? Have you ever heard a version of something you personally experienced that bore no resemblance to what you perceived?
We …
@hank
Sarah Huckabee Sanders on Twitter:
The Atlantic story on @realDonaldTrump is total BS. I was actually there and one of the people part of the discussion - this never happened. I have sat in the room when our President called family members a…
One of the more striking manifestations of Trump Derangement Syndrome is that people who have always been adamantly opposed to the Vietnam War and adamantly opposed to the military draft, find it easy to castigate Trump for being a "draft dodger…
The Atlantic should be ashamed for running such an absurd hit piece. Not only unverified by any real people but actively refuted by several who were there.
As for Trump's comment about John McCain -- yes, it was really stupid. What many people don'…
Had to MJ up, but no it does not. These are for the most part speculative companies, many if not most without current earnings, involved in a product that is still quite illegal in most states. These companies cannot even be compared to the cash mac…
Good points, although mortgage interest is now part of the itemized deductions subsumed under the standard deduction, which is what I take.
The opportunity cost is definitely true though, and when one considers that there is some level of inflation…