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.
Is Your Mutual Fund Politically Biased? If so I would say they are not acting on the behalf of the shareholders. I would also hope that a smart, responsible fund manager would know enough not to make investment decisions based on politics or politic…
@rono - for new investments I am currently focused on all things/technologies associated with "Smart Anything". To me that includes alternative energy, AI, 5G, IoT, digital entertainment (content streaming, gaming and all like that), digital marketi…
@Derf - I believe it's the alcohol itself that my hands react to. Unusual but not uncommon. I have seen non-alcohol based sanitizers but I was curious what the good doctor might recommend.
There might be more. Was this included:
From the Root Report:
"Globally, women and young girls suffer most from hunger and poverty. Conservative estimates indicate that 60% of all chronically hungry people are female. This is further exacerbated by…
@Crash - you said "CIBC is potentially vulnerable because it holds a great deal, maybe the majority--- of "uninsured" mortgages in Canada. (per Morningstar.) I'm not sure I understand that, since here in The States, mortgage lenders insist on home i…
Structurally they're all pretty much the same but I have found PTY to be the most exposed to volatility in it's pricing. I use selloffs to buy more in bulk but generally just reinvest the distributions. You might find further information in the link…
@sma3 - Do you care to offer any advice to those of us who suffer an autoimmune reaction to alcohol-based hand sanitizers? I get the itching, blisters, swelling, peeling nearly the whole shebang.
@Mona - I can't find any precise data to answer your question. I suppose you could give them a call at (800) 645-3923. (Phone number obtained from the Fact Sheet)
Any one of those are possible @davfor. It may also be just a transfer of assets as the boomers pass away and who knows what the inheritors of their accounts/estates do with their new found wealth. Many research reports on that matter say that it isn…
So they say. Good luck getting affordable loans, mortgages etc. with that much less keeping up with everything else. Some do I'm told but far, far too many don't.
Again, I agree. Another disrupter might be the cashing out of stock holdings by the boomer generation as they seek to preserve what they hold.
Other sources have mentioned that most of the rise in the S&P 500 over the last 6 months or so has be…
Yes it's quite possible that other brokerage platforms might offer BIAWX with an NTF option but I'm not interested in opening another account. In fact I've been closing accounts to simplify matters for the eventual takeover by my children.
I did just that @msf in purchasing BIAWX and I also use the $5 automatic buy program but that doesn't allow me to escape the $49.95 fee when considering or attempting to take advantage of opportunistic "buys" on massive down days as we've been exper…
It's my opinion that there are far greater structural deficiencies in the market than COVID-19 and presidential candidate selections. I might be wrong but right now this market is just too goofy for my tastes.
I like concentrated funds as well, it says to me that I am getting the managers best ideas toward pursuing the funds objective(s). I also don't expect a large growth fund to hold too much cash or any bonds unless they are of the convertible type.
A…
"A binary option is a financial product where the buyer receives a payout or loses their investment, based on if the option expires in the money. Binary options depend on the outcome of a "yes or no" proposition, hence the name "binary." Binary opti…
Well I stand partially corrected, however three instances hardly dents the perceived mold. In this particular election I'd prefer that the democrats retake the senate amongst the available outcomes but that may be a mighty stretch.
Yup, agree. Last Friday was a good day to add to my bond holdings. I'll wait for the next bomb or two to hit the market before deploying cash to equities.
@LewisBraham - activist, yes, but he shows no middle ground and I have a hard time believing that the electorate will go for that. One might argue that Warren is an activist as well and she's arguably smarter, more capable and accomplished than he c…
@Crash - I'm as liberal as they come but I just cannot do Bernie. First, he's no democrat except in name He only claimed to be one to run for president in a party where he thought he stood a chance. At best he's an independent but I'm not sure that …
Frankly I think FD is on the right course (at least for him) and I don't think we've seen the worst of it (selling) yet. If you're a long term investor such corrections are to be expected and I wouldn't do anything. If you're short term the last wee…
FD, I agree somewhat with that assessment. It's true that price is what one trades but NAV more accurately demonstrates positioning of the fund or dare I say management capability. Management has little control over the share price (I think) but the…
If I may, while the closing share price for PCI was off -7.6% for the week the NAV price was down by only -1.6%. (For those who don't mingle with CEF's the share price is what other investors are willing to pay you for your share.) So yes, the prem…
So would I sma3. Human health and safety is far more important than politics or the stock market. I'm stall miffed about the heads of NOAA caving in as they did.
@rforno - Doesn't that massive rip higher at the close run counter to the usual condition of wanting to be out of the market over the weekend during times of uncertainty like now for example? Struck me as strange also. It's hard to tell these days w…
