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.
Good actor with quite the range. I've enjoyed many of his movies and characters. I've no clue what makes for an excellent actor but I was always convinced of who he was in his roles.
I hate to see these tactics being used in sports. If you can't beat them with your skills then go find something else to do with yourself. Hitting a player with a ball is not a skill.
DJT down 14.56% today after sharp losses Tuesday (-8 %) as well. Brings up the question - how many worthless DJT stock certificates can you stuff into a Tesla pickup and drive both into a permanent landfill?
@Tarwheel - never would I claim that FCNTX is an S&P 500 clone. It's far from it. At the time I sold what it hadn't been doing was beating up on the S%P 500 like it had in prior years. I blamed it on the growth of the massive AUM. I owned it clo…
@MikeW - I haven't looked closely lately. At the time I sold FCNTX I considered the retirement of Tillinghast at FLPSX, who I thought Fidelity might have to pry his cold dead hands off the keyboard, and wondered how much longer Danoff would stick ar…
For me FCNTX had become for all intent and purpose an S&P 500 clone albeit with active management and a higher ER. It currently has 315 holdings. Also I'm not sure how much longer Danoff will remain in charge.
As for BIAWX I invested initially …
VPMAX has been a fine fund since inception but since I was then late to the game I invested in BIAWX to complement FCNTX. Pull up a 10-yr chart. Beat me with a stick if you want but I have since sold FCNTX and put those funds into FXAIX.
Amen sister Anna! I don't like seeing it, I don't like hearing it, and I don't like dealing with it but damn if I won't! As Johnny Dangerously put it "You fargin' bastages!"
" That fee, however, will be waived for customers with at least $5 million in assets." I suppose because those customers are the ones that are least able to absorb the cost, along with all the other fees coming down the pipe.
@Roy - Yes the fund uses leverage. I'm unfamiliar with the term ROP. If you meant to say ROC (Return of Capital) there isn't any at this time (past year) and there has been very little if any during the course of its existence.
PIMCO Dynamic Incom…
Very late to the game here - I hold 2% in international equities mostly hidden in various domestic ETF's (e.g. CGDV) or CEF's. Some also contained in AVGE.
It happens. I certainly don't have any meaningful measure of professional insight but I've noticed it quite often related to a large holder, usually of the institutional variety, wanting to exit a position. Many (if not most) CEF's tend to be held b…
@hank - I'll try to adhere to your original format. I'll likely edit this later to show what percentage might be in foreign holdings as the only targeted exposure that I hold there is in AVGE.
Stocks - 17
Preferred shares - 2
CEF's - 10, a mix of i…
So the original story line was that insurance companies had to jack up all their rates across the board in order to pay for their coverage of catastrophic losses due to wildfires, hurricanes, tornadoes and so forth. Now that they will no longer be w…
@WABAC - The other way around. "Musk had redirected about 12,000 Nvidia H100 graphics processing units originally shipped to Tesla (TSLA) to two of his other companies, X and xAI."
@sma3 & @Sven
I have been fortunate in my life time to have made several trips into the BWCA (or BWCAW as it's labeled now). A handful of those trips were made well before cell phones or even SAT phones were in existence. To me the BWCA is call…
@Sven - You stated that Schwab waives the $49.95 fee for trading mutual funds with transaction fees. It's always been my understanding that Schwab charges a $74.95 fee going both in and out of transaction fee mutual funds. Has that changed?
The rea…
@hank - I agree with you that there's 'reasonable' value out there but many folks currently do not want any of those. In my mind most of them are thinking "gotta get me some of those zoomers!" That's where the big money lies and that'll make my perf…
Your comments on Fidelity are true. I can't compare them to Schwab but I might have to open an account there to get access to the research capabilities over there.
Thanks for your review.
p.s. 'Active Trader Pro' truly does suck! Massively! Espec…
Just a minor data point but I've been following YTD returns for these and so far they have been GQETX (+10.37%), SPY (+10.95%) and QLTY (+11.23%). All returns come from M*. It'll be interesting to see how these data unfold over a longer period.
@MikeW - thanks for posting this. I went looking for the article this morning but I had already deleted the email it came in and couldn't retrieve it.
Anyway, I have been thinking about buying some NVDA to leave to my kids not only because it's a …
The Yellow Pages
And just to add I don't trust Yelp or Angi (formerly Angie's List) not even a little bit. Too easy to dismiss/discard/delete negative reviews and/or generate positive comments where no work of any sort was ever performed. Could jus…
You all should have realized by now that BF rarely if ever responds to a critique or criticism of the ridiculous nonsense he spews. He's quite prone to just tossing whatever crap comes into his head much like his cheeto mentor and will not engage in…
@FD1000 - The reference to UTG is that it is a utilities fund and the manager of PRWCX had recently mentioned that he was favorably inclined to utilities and adding to them in his portfolio. It was in no way, shape or form a comparison of the two fu…
