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.
@bee
FCONX is an ultrashort bond fund....but interesting to compare it to VWINX. It looks like COTZX’s ramp up to higher equity %age in spring-summer of 2020 caused it to shoot past VWINX, after mostly underperforming prior to that (but having less…
Exhibit A refuting this.....PRWCX
Exhibit B.....Vanguard’s Wellington funds
Exhibit C....(many) PIMCO funds
Exhibit D....FLPSX
(etc.)
Yes yes, we all know index funds are the only thing to invest in. But there ARE a smattering of good managers …
Not to be too incredibly derivative, and this was from a post from the great Chowder, of Seeking Alpha (and the “Chowder Number,” or dividend yield plus growth) fame, and its slightly dated (especially after a run up in utilities over last few weeks…
I think the problem is, unless it has an “Americanized” ticker, it only trades on a foreign market (TSX in this case), and therefore would be more expensive to trade (probably the same price as investing in a Croatian internet stock? Ha). I don’t me…
This gets regurgitated multiple times a year....must be whenever there is excess “volatility” (which of course is “bad” when it’s to the downside, right?)....doesn’t make it any less true, and maybe that’s why it needs to be repeated ad nauseum?
@Crash (and others)—they also have two preferred shares, AQNA (~6.2% yield) and AQNB (just over 5.5%), that offer yields above the common (which yields 3.94%). The -A preferred is call protected until 2023, at which time it will either float its div…
Just Fidelity Sector funds, I think. Not sure about round trips though...edit: looked up in the prospectus. They consider a round trip as a buy, then sell, within 30 days. After two round trips within 90 days, your trading is restricted. I was able …
I have also always thought of IHI as the comparable ETF for FSMEX. But I, tonight, found XHE. It’s the SPDR HC Equipmenr ETF. There appears to be significant overlap between the two (link). And doing a cursory check of recent performance, XHE has ou…
2021 has been the year I invest in SPACs! Thanks, @Mark. Very interesting, alternatives ways for many new companies to come to market, without the trappings and expenses of an IPO. Still have yet to have one “de-SPAC” :)
Catch, I have recently taken to “disruptive” investing. Ark funds and others are pushing the point that the 2020’s may be a decade of new technology displacing many of the old standbys (gasoline engine, oil/carbon-based fuels, buying things from phy…
In general, tax-exempts (“muni’s”) are not a good fit for IRAs (or other tax-deferred/-free accounts like 401/403(x)). VTEB is generally best in a taxable account.
I think these were more related to the high volumes and volatility in a very concentrated swath of stocks, and it flooded these brokers with transactions in formerly low-volume/low-share count stocks. And it created a ripple effect amongst the broke…
MSSMX up 2-plus% today on a 2-plus% down day for broad indexes. STILLERS, THANK YOU FOR POINTING OUT THIS FUND (sorry to yell...I am just being emphatic :)! I know about Morgan Stanley and it’s fine selection of funds/managers (owning MGGPX, MIOPX, …
@msf
Sorry to correct you sir (as your repository of information is astounding), but PONAX IS no-load.....as are most (all?) of the A-share PIMCO funds, at Fidelity. The fund you linked was a Pioneer bond fund, PIMAX.
I think the fact that it sho…
@racqueteer is a very thoughtful poster for years on M*, even if new here.
Biting “my tongue,” so-to-speak, and not trying to be inflammatory, but this is a discussion board, with viewpoints from all sides. Disagreeing posts/ideas shouldn’t be dism…
I think FD’s results are an extreme example of why low volatility worked so well (when it did), or VWI_X, or other “defensive” funds. Lose less (much less, often) in the bad times, and then even if you underperform in the “good times” (speaking of “…
@hank Actually I enjoy that you and some others are as astute at prose as you are! With “text talk,” and other degradations of the English language (and written/spoken communication in general), it’s nice to read well written posts :)
And yes, our …
Thank you! I didn’t think they “ETFified” AKREX haha.
And thanks to you for bringing up the Vanguard Russel 1K ETFs....I hadn’t known of their existence before.
I own ARKK and ARKF (the latter bc I think disruption in financial industry is well u…
@msf
Would DSEEX/DSENX be a decent way to play value, while waiting for value to come back into vogue? I know it vacillates between blend and value, but it seeks the most value in the current market, while still participating in “growthier” investm…
Crazy Joe Davola.....the most terrifying character in the Seinfeldverse. Nicely done, sir. (And I believe it’s As Far as I’m Concerned)....and oh!!!! 007 is for “bonds, vanilla bonds” *facepalm*....wasn’t sure if I missed another Trump (or J. Powell…
@VintageFreak Can you explain your last paragraph? What is “WFH”....and who is “007”...? Sorry if it’s obvious....I’m that lovely combo of under caffeinated/dehydrated. Lol
You definitely spurred me to start exploring, and then selling, puts in my …
You can actually sell or buy both....it’s just you do so for different reasons. But a call gives the holder the right to buy the underlying security (if exercised)....and the put gives holder the right to sell the underlying security.
I’m by no mea…
You could always receive the RMD as shares “in-kind” and transfer to a taxable account. Or even just take the cash RMD and use it to purchase a tax friendly fund in said taxable account. Of course, you would have to pay the taxes from another source…
@hank
Don’t sell 100 puts! Each ONE put equals 100 shares (100 shares in above example would be 100 x $200 price per share, or $20K). 100 puts would be secured by $2,000,000 (for 10K shares of $200 TSLA). You would make $225 per put, because you ge…
Actually, google “Skynet”....it appears to be an NSA program that used AI/computers to gather various intelligence.
There’s also a real Cyberdyne.
Anyways.....just mildly humorous/potentially scary aside to the great topic started by hank! Sorry …
Good topic.....one of the bright posters that used to be on M* forums used to talk about the dislocation of jobs by AI/robotics as (sometime in the future) that would lead to millions of people losing their jobs, and the unrest/unhappiness that woul…
Also, due to the SECURE act, you can make a contribution to a Traditional IRA IF YOU HAVE EARNED INCOME (in other words “job income,” not pension/investment income) even if over 70-and-a-half (or 72-and-a-half....probably the latter).
My dad made a…
@Rbrt
I use this link to bring up a growth of $10K chart for an OEF, then add whatever fund (OEF or CEF or ETF) or stock to the chart and it will show you growth of said security, assuming distributions reinvested. Used to be easy to do at Mornings…
Crazy that IOFIX still has a double digit 1 year return.
Could this possibly be a way to play normalizing bond markets....whenever that actually occurs? Will it’s portfolio dramatically “reprice” and “gain” NAV rapidly? Just asking hypothetically (…
What I have been doing (and I’m a nobody, so get out your magnifying glasses so you can find a grain of salt...lol), is setting price point alerts at various yield percentages: 8.5% for PCI/PDI (they are already there); 9% for the above 2, as well a…
PONAX/PUCAX (the versions I hold) continue to track the movements of stocks. IOFIX continues to perform (or at least be unchanged) on these big down days :)
