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JoJo26
Making tactical asset allocation tilts is not market timing.
By now TRP should able fully geared to work from home. Customer support can be done with broadband connection. That how IT support is being done.
I performed asset transfer online at Fidelity last week and it was completed in 5 days. As I recal…
With months to determine a new methodology to get these checks to the right people, why did they do nothing different?
So many people received the first (and will receive this one AND Biden’s likely follow-on) that absolutely do not need it.
No s*** it will not be perfectly equal 100% of the time. The onerous oversight and needless portfolio turnover would be ridiculous and counterproductive.
https://institutional.fidelity.com/app/proxy/content?literatureURL=/9898959.PDF
Using the above link, on pages 17 and 18 Fidelity explains the investment process and the portfolio construction parameters of their Disruptive Funds.
...
It also st…
I think [but not sure] that Morningstar is using 'strategy' to refer to all of the assets that are managed by the same manager that manages the fund, and in the same way. That may not be the same as the assets in the particular fund being profiled …
Robinhood users should've know this. It was not hidden.
Also, these retail dummies should use limit orders that would help protect against higher price execution.
I still have FGDFX on my watch list and continue to be quite impressed by its excellent risk/reward profile since its inception in May. Its total return since then is 41%, and over the past one and three months, it gained 5% and 15.4%, respectively,…
Side note: what happened to Oakmark? Not a single fund rated higher than 2 stars. Though M* still loves the company, giving most of its funds gold or sliver prospective (forward looking) analyst ratings.
M* "likes" them because they advertise o…
Remember this is for the advisor share class. The retail Investor share class for Oakmark tends to run about a dozen basis points higher.
See also the different share classes for Oakmark E&I (13 basis point difference), Oakmark Int'l (11 ba…
HP HAS NOT risen 426% since Palm Valley purchased it. That is the change in the Fund’s ownership, which has gone up because they’ve added to the position over time.
Roth money is often mentioned as the last pool of money that one should draw from.
If you often spend more money in your early days of retirement, would you not want to draw on roth vs traditional to not realize the income for tax purposes?
I'm not real happy about PRBLX holding a 5.9% stake in Amazon.
If you're not happy about what a fund is holding, then don't invest with the fund..... The whole purpose of investing in a fund is because you have confidence in that manager's ability.
For those that care...
A friend in Arizona received 3 different mail-in ballots (all addressed to his home) with different names. He called to report the mistake and was told "those must have gone out by mistaken and be to the home's prior owners."…
I do rather worry about the RobinHood crowd and the prospect that they're pushing things higher, in part by triggering the algos. The observation that the S&P 495 is underwater by 5% year-to-date while the S&P 5 is up dramatically, does fee…
Trump and Navarro probably held large interest in KODK prior to the announcement. I didn't even read the link prior to drawing that hypothesis. Questionable fast money and the sleaziness of the executive branch of government are tied at the hip.
…
See this
http://quotes.morningstar.com/chart/fund/chart.action?t=fzrox
click Maximum
Fido index is included, then add FSKAXRight idea. Unfortunately that only gets one half way. The only benchmark on the page is for FZROX. To see the FSKA…
I read this board but don't post. My oldest grandson is 21, and a senior in college. He's interested in starting to invest, probably beginning with $1000, in a Roth IRA, most likely (if there are any funds with a minimum of $1000). I'd like suggesti…
It will be interesting to see how M* rates their own funds.
All 5* funds?
I'm certainly no M* advocate, but you do know the star ratings are purely objective measures based on risk/return, right?
What I can honestly believe is that a country that doesn't take care of their poor and disadvantaged citizens is a massive failure. Why is it appropriate to give massive tax breaks to corporations and the richest among us and giant subsidies to cert…
You can't honestly believe that it makes sense to make more money sitting on your hands doing nothing than actually working... Good luck have any societal, economic or progress of any kind for that matter with that setup.
1) Making more to do nothing does not incentivize those to work.
2) Many I know are not necessarily using that money "to put food on the table" - they are frivolously spending on a myriad of non-essentials
No reason to get all defensive. You probably also think your performance is "good" if you meet a certain absolute threshold despite considerably underperforming a benchmark with the same risk characteristics.
@Jojo26 There's a difference between a 5 stock portfolio's idioyncratic stock risk and a 50 stock portfolio's idiosyncratic risk. If having idiosyncratic risk was uniformly a good thing for active management, you wouldn't want a portfolio at all and…
I think JSCVX might be a better small-cap value play in this environment as it has a quality tilt. It's also more diversified and has less idiosyncratic individual stock risk.
If you pick an active manager then you should want idiosyncratic risk. Ot…