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.
You could have written that headline 20 years ago...
That said, tech is -- and will --put severe financial pressures on many industries -- displacing (or buying or replacing) them.
(Physical-) travel agents? (Mostly - )Long gone.
Retail? Check.…
It is not a matter of "PC-ness" but of human rights.
@Edmond: I wish to address a few points in your write.
b. Sexual harassment (or other unwanted contact) is not analogous to "being rude." More at d, why did they wait.
c. Fighting back: You assu…
@Edmond - "Pelosi and the Gyneocracy think that waging a war on men is a way to win elections. "
LOL - Did they get through eating your, ummm, "Christmas"? Maybe it will grow back.
Anna: Your "LOL" is interesting, because your attempt at humor i…
There were allegations of all types of sexual 'misconduct', up to, and including rape, against (Bill) Clinton, and the MSM duly ignored it; the Dems duly ignored it. Even Gloria Allred ignored it! And of course, Hillary "stood by her man", like…
Probably Mr. Ramsey could have used a more apropos metaphor than 'immaculate conception'. Mixing religious concepts with the tawdry business of pricing paper in the capital markets is probably not a good idea. While I am not a religious person…
On the equity front: May add a tad to certain REITS (VTR). Possibly also small positions in GE & GIS (TBD). Just re-entered small position in AMZN and a position in UTG on the price-weakness surrounding the rights-offering. Bought a sma…
No, actually its this guy:
https://www.cnbc.com/2017/10/10/bitcoin-heading-over-10000-in-six-to-10-months-former-fortress-hedge-fund-manager-says.html
This guy doesn't spend his time on an investment board... He knows how to make money and how to…
Does it matter?
The damage done to GE BY GE has driven the price down. De-indexing it will be a triviality.
That said, were I on the DJ index committee and wanted to give GE the boot, the logical replacement kind-for-kind would be HON, wouldn't…
I've no investment in crypto-currency, though I think dabbling in it -- as a trade -- could prove very profitable. I think we are in the early, EARLY innings of this trend. IF its a bubble, I think it has a lot of room to run. It kinda feels …
Not sure why this should surprise anyone, or even be newsworthy...
Homo sapiens generally engages in herd behavior WRT financial issues. -- Besides, 'doing something' to protect one's portfolio would have resulted in enormous opportunity cost ove…
The topic is primarily about human/herd behavior/behavioral finance. I tend to be pessimistic given current asset-values and (my perceived -) complacency of market participants.
We each should ask ourselves: are we being reasonably compensat…
I am a cautious/nervous investor too, given what I view as mass complacency and rich valuations across equities and debt-instruments. At this point in both the investing cycle, and my own investing life-cycle, I am far more interested in not losing…
The article includes comment which seem to suggest that investor should avoid active managers and small-cap stocks...????
If there is a crowded trade in equities, its in the 'must own' FAANG stocks -- each of which are copiously represented in pa…
What will I do? -- I will probably buy some equities. Though will not buy too much, too suddenly.
But "buying low" is only possible if one has access to liquidity. If one is fully (or nearly fully) invested in equities at the start of a bear, t…
Barrons strikes me as continuing to "dumb down". And I say this as someone who as subscribed for + 10 years, and picked it up at the newsstand regularly for decades before that... The article is a prime example.
A couple glaring problems with th…
I watched his 1st day at the WH press room, doing Q&A with the national press. He struck me as very impressive.
Its on youtube, for anyone who is interested.
Jeez, everybody is a critic!
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Bee, great catch. I found the article very informative.
My present circumstances are such that I don't rely much these days on any hybrid funds. - Though I do maintain small, placeholder positi…
That article starts out as a wonderful (too short) interview with Bob Rodriguez... all of which sets the reader up for a sucker-punch "plug piece" for index funds...
"All of this means that most investors should, in fact, own index funds"
Too ba…
"Not as expensive as 97-2000" doesn't mean its not overvalued -- just that it is not AS overvalued...
Ed Yardeni's current weekly publication deals exactly with the topic:
https://www.yardeni.com/pub/stockmktperatio.pdf
And yes, the market is NO…
Recall, the 'war' never ended, as no peace agreement was ever signed. Come to think, it wasn't a (declared) 'war', but a police action. So its been an "un-peace" to an "un-war"...
That said, were hostilies to re-commence, investment implication…
Use it for what, EXACTLY?
For quotes I use Fidelity (I'm a client). OEF NAVs are updated pretty promptly (usually, at/after 5p.m. CST; though some OEFs update later).
Perhaps this is 'Old School', but I don't share my portfolio on any public web…
Another thread, was noted, by myself and others, that Abbey Joseph Cohen (AJC) was a perma-bull. Rogers is sorta the 'anti-AJC" --- he always expects a crisis... somewhere just beyond the horizon.
One day, he will be right.
Risk your princiPAL if you must, but never lose sight of your princiPLES!
... With that statement you are willing to lose principle, possibly a lot of principle....
I kinda DON'T like AJC BECAUSE she is an equity perma-bull. I mean, personally, I am sure she is a lovely person, and very articulate. But what is the value of a broken clock in helping you ascertain the time of day? What is the value of investme…
Mitch, I am with YOU!
As for impact on the economy, keeping Amazon OUT of groceries is a strategy for stopping job destruction in the grocery industry. I hope DOT kills the deal based on job destruction. And while we are at it, hope POTUS brea…
I own PONDX (PIMIX) and PTIAX.
I've avoided OSTIX, despite its admirable record/returns, as it seems to be junk-focused --- and with corporate credit-spreads so tight, that just is not a place I am personally interested in being right now. Besi…
Not sure where you are seeing lack of competition in the grocery space? - Margins in the grocery business have historically been mediocre/low -- which suggests competition is adequate.
When I lived in Socal, there was plenty of competition. Thre…
Districtwanderer:
A couple things. I think your impulse to “cap” your contributions, and squirrel away surplus savings elsewhere is WISE. Employer plans are “captive” with the plan administrator and often limit your options.
You mentioned in…
ADDING: Commencing in May, but continuing into June, I am finding value in beaten-down subsectors within the REIT space.
Retail: NNN, O, STOR, KIM
Medical: VTR, MPW, OHI
Office: DEA (govt lessor)
Sentiment/action 'stinks' in certain of these…
Holding a balanced portfolio, comprised of muni-bonds and stocks, probably makes sense for many people.
But, IMO, using the 'wrapper' of a balanced fund to do so, is not the approach I would take. Instead, I would own separate stock & muni-…
With no intent on my part to "diss" the new managers, it seems like the current/departing managers are "officer level" at PIMCO, and the new managers hold "manager level" positions. Again, I am certain the new managers are quite as adept at bond-…
JC, I really can't speak to the "why" of their ER. I'm in it for for the low-vol, and non-correlated nature of returns (which are all, already, net of all expenses).
Maybe for those who find Doubleline's disclosure of its derivatives inadequate, just buy the 4 x sector ETFs representing the 4 sectors held by DSENX? there will admittadly be a lag-time when they disclose "current holdings". OTOH, you save the MER …