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.
@JD_co. According to M* ,,,, this fund is 100% in cash. And has assets of 1.4M. If the mini is 100k,,,, does that mean roughly 10 or so investors are holding this? What am I missing?
Among car guys an old saw is M.I.A.T,A. Or Miata is always the answer. More and more I am finding PRPFX is the answer as long as income doesn’t matter. For a minimal equity allocation, the returns are cool and it offers a great mix of assets.
@Hank. Re: the limo driver. Back in the day we had a boat mechanic who did the tough jobs on our sailboat. He lived aboard his boat not far from our slip. He would take a long lunch break every time to go back to his boat to “day trade “ as he ca…
@FD1000. Big agreement with you here. The entire portfolio is THE THING. I call it paying attention to a “single metric “. I record the portfolio balance on 12/31/. Everything else is noise. I admit I listen to the noise at too high a volume and …
@JD_co. Big fan of PRPFX here. Have it in both taxable and retirement accounts. My question is on what data are you placing ALLW in taxable accounts? Seems like turnover might be part of the plan. Lots of gains that would be taxable?
@stayCalm. QDSIX? QDSIX? As a substitute for bonds ? Or as a substitute for money previously allocated to Certificates of Deposit as per the original poster? Anyway with a 5m mini I am not going to allocate 10% of my IRA to that particular fund.
How many more “good weeks” will it take till we don’t have a country”. We better fight like hell or we won’t have a country. THANK YOU FOR YOUR ATTENTION TO THIS MATTER.
Following this thread with great interest. Thanks to all for sharing your thoughts. My idea is to create a hybrid core bond sleeve consisting of a short treasury etf and a more aggressive (and volatile) global bond fund. Smoothes the ups and down. …
Another great day for our country. The military is told to prepare for domestic operations , the government is shutting down but my money grew. BS 208.
I use the I shares allocation series as benchmarks when messing around on Portfolio Visualizer. In theory I always beat the benchmark with my slice and dice bits and pieces. But in reality I don’t think I would win over the longer term. I think th…
@Crash. Go Cubs Go! Watching Cubs fans sing that song after a win restores my faith in humanity. I have been to Wrigley. It’s a shrine and I am not even a Cubs fan. I have that song on my playlist. Thanks Crash!
@gman57. Thank you! That’s why we don’t spend it down. We have a friend in a LTC facility and our next door neighbor with 6 days a week in home care. It’s real.
@WABC. you are correct about what the Fed actually controls. But me and DT and millions of risk averse folks are seeing our risk free income going away. And the markets sure are obsessed with the overnight rates. Perhaps foolishly so.
@WABC. Rates will continue to lower if FED independence is destroyed. Seems that is going to happen and sooner rather than later. And if all the data the new fed gets is garbage , they can justify any rates the boss demands.
@ Crash. Nice pic. Thanks. We got as far north as Loreto on the inside. Spent the hurricane season near Puerto Escondido. We used to see those Pangas way offshore on the outside. Those guys had no fear.
@WABC. my sense of humor is such that I am wondering if the hiatus will be longer than my days. I am old enough that my wife and I spent 3 years sailing the sea of Cortez and saving money because double digit interest rates on our savings more than…
Anyone adding significant new money into US equities these days? To my mind ,,, it would take the balls of an elephant. I am not asking about trading but increasing one’s domestic stock allocation. Thanks for sharing your thoughts. PS. Just bo…
That’s as good an explanation as any. The bigger questions at this late date are why haven’t the masses woken up(LOL) and why haven’t smart folks who know better stood up for the rule of law and the constitution?
If there were not dozens of outrages being perpetrated by the regime , the attack on the First Amendment would be the story of the century. But so much shit is going down so fast that it’s impossible to focus on anything for very long. Who among u…
@crash. Last week you pondered if a financial talker might be “trans”. Are you assuming her politics are “left leaning “ too? Seems to be on your mind. Folks who focus on trans” apparently indicate “ right leaning political sympathies.
The Federal Government, as currently structured and with the demise of bi partisan statesmanship, could not deal with any serious situation. Financial, the demise of the rule of law or external threat. Or even the next, inevitable pandemic. But th…
Despite what the maga mouthpiece might think , Wall Street ain’t Main Street. And even if he won the lottery it would not make it a great week for the country.
