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.
Yesterday, 11/11, reduced our overall equity exposure by 10% from 60%. Parked in MM for now.
This is probably a buy signal for the rest of you, but just difficult to ignore the market valuation for now.
I've been purchasing RSIIX for our IRA and Joint accounts through our TRP Brokerage accounts without a fee, but TRP, at least for now, is charging a $35 fee to purchase NRDCX. Any ideas on whether the fee eventually goes away? Is this normal when a …
Over the course of a year the extra .25 ER amounts to an additional $125 in fees.
Buy the $50,000 in institutional shares and smaller amounts in the retail shares and then down the road look to convert the money in the retail shares to the institu…
My wife and I were vacationing in Asheville during the storm. Our hotel was on Tunnel Road. On Saturday morning we decided to at least attempt to leave the area and head for home even though we were literally in the dark with no TV news and no worki…
Simpler back then to grab a CD at 15%... i knew a guy who did just that.
Yes, I was just beginning to work full-time and saving. I remember going around to several institutions buying CD's. From what I remember they were paying maybe 10-12% and had …
I also lived through 2000-2002 bear market and at that time I was single, 37-39 years old and was investing entirely with Janus...blast from the past!!
Janus Mercury, Janus Global Technology and at the time the vaunted Janus Worldwide with Helen Y…
During the GFC we didn't sell anything, didn't buy much either other than continue to contribute to our Roth IRA's. We were mainly in PRWCX.
I did jump into PRHYX when the yield was approaching 20%!! I believe it was early 2009 when I sold PRHYX a…
In our joint account today we bought some PRSNX and placed an order for RCTIX for Monday from funds in our TRP MM fund. Also considering adding RSIIX.
Strangest thing, I tried to place the order for RCTIX during the day and got a message that said…
Sorry about that. The main item I wanted to share was the quote at the bottom of the page of this link. I've copied and pasted the quote here as well.
"Marshfield is owned by its eight principals who have an average tenure of 23 years. Each princip…
I copied this from a previous discussion concerning MRFOX that I had shared.
Pulled this off the Marshfield website. https://www.marshfieldinc.com/
Marshfield is owned by its eight principals who have an average tenure of 23 years. Each principal…
Added to PDI for income.
Hey @Mark,
I have never owned a CEF and noticed that PDI has a high distribution ratio, 14.23% per M*. Is this payout ratio the result of leverage employed by the fund and does it also include return of principal?
5 accounts = 2 Roths, 1 IRA, 1 Joint Taxable & my wife's current work plan which is a savings annuity. I don't have access to a work plan or pension, most of my working life I never have.
2 mutual funds = 90.7%
1 ETF = 2.6%
2 stocks = 3.2%
…
My wife worked 14 years for our county and upon reaching age 62 her monthly pension benefit will be $512...we're rich! And will be living a life of leisure on our super yacht!
Last I checked, social security checks have never been affected by the markets either.
Most individuals with good pensions have low monthly social security income because they never paid in to social security. The pension income offsets their soci…
So, as I shared back at the end of March that I had moved some cash that had been sitting in a MM fund to some LT Treasuries, PRULX & EDV. What a ride that turned out to be. I sold all into the rally yesterday now that the Fed announced they'll …
https://www.portfoliovisualizer.com/backtest-portfolio#analysisResults
I put this together on PV comparing GP's flagship international small cap fund (GPIOX) with PRIDX and DRIOX, 2 funds that have been in existence as long or even longer than GP. …
Okay, got it. I used the word "automatic" on purpose hoping for additional clarification from those of you who are much more experienced with buying/selling individual company stocks.
Hmmm, I know that when a mutual fund pays a distribution the share price drops accordingly, but I never knew that a dividend payment automatically has the same affect on the price of a share of common stock.
With all this insurance talk, I did speak to my independent agent about an umbrella policy. He is just a one agent shop and it turns out he is losing access to Grange Insurance which is where our 2 cars and homeowners' coverage is through.
So, he …
We live in the Akron, Ohio area and use a friend for our auto and HO insurance who is an independent broker. Our coverage through him is with Grange Insurance.
Our HO renewed this past February which we pay annually, premium increased 3.7% from 2/…
Been moving some funds that have been sitting in a MM fund for a bit into LT & Extended Duration Treasuries (PRULX & EDV). Obvious play on future interest rate reductions by the Fed rather than adding additional exposure to the stock market.…
According to TRP website, TCAF has reached $1 Billion in assets.
Would be Interesting to know how much of this money moved from other TRP funds and how much of it is new to TRP.
A number of years ago Giroux recommended a fellow TRP fund for folks who could not access PRWCX, and it was TRP Dividend Growth Fund PRDGX. It carries a much lower dividend rate than SCHD and is more focused on dividend growers and capital appreciat…
The unnamed NVDA end user customer that accounts for 19% of sales info came from Friday's WSJ front page article. Here is a part of that article by Gunjan Banerji.
"Nvidia’s boom is largely dependent on a handful of those companies. Nvidia disclo…
@stillers
Those of us who are regular investors have often heard investment professionals state that market volatility presents investment opportunities, and over the course of the past couple weeks you are a perfect example of this, being able to …
So far this week I've bought and redeemed mutual funds, bought an ETF for the first time via TRP brokerage and bought shares of common stock via TRP brokerage, all from the TRP website without a single issue.
Just placed a purchase order for Wedne…
Initiated a position in TCAF in our taxable account today, first ETF I've ever purchased.
Added to our Mastercard (MA) stock yesterday, have owned and been adding to it here and there in our taxable account since the summer of 2020 and second hal…
No funds were up, but nice day to initiate a position in TCAF in our taxable account.
Our Mastercard (MA) stock was up though. First bought in summer of 2020.
As a person who has largely invested through open end mutual funds for 40 years with only holding a handful of individual stocks during that time, when I am researching mutual funds I am used to "total return" figures from mutual fund companies and …
Curious myself, so here goes. Since TRAIX and PRCFX make up 95% of our portfolio I'll just list the Mag 7 percentage from M* as of 12/31/23 for TRAIX, which while not perfect, will be pretty close.
EDIT: I was able to come up with more accurate fi…
Pulled this off the Marshfield website. https://www.marshfieldinc.com/
Marshfield is owned by its eight principals who have an average tenure of 23 years. Each principal must invest in the same stocks that Marshfield buys for its clients and may ow…
