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.
As I said on Armchair, I wish more PMs were as self-aware and willing to bluntly own up to positions that didn't go according to plan as Giroux. It was a brutal and honest admission about GE ... and I respect him even more for saying what he did.
Reading these comments remind me why I was smart to take the 403(b) option with my state university back in 2010. If I'm going to make/lose money or take on risk, *I* want to be the one responsible, not some politically-tied/appointed 'board' of 'e…
@Crash, @Mark, @rforno, @PRESSmUP
What percentage of your portfolio do you allocate to these companies? Also, is it beneficial to hold them in retirement accounts, IRAs, if they have special tax consequences if held in a normal account?
Thank you
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Put on a 750s starter position in MMP the other day. It compliments my large EPD position so I'm covering both nat gas and gasoline pipeline distribution.
Basic data, but nicely presented and a decent alternative to yahoo or google for basic stuff. I like how it's just data, not gltized-up 'content' targeting the mobile generation.
roic.ai is another such site. I find it rather easy to read ... and…
@rforno, but you're right and so is @LewisBraham.
Will the sub-advisor exclude "all" companies that make public statements about a then-current political hot button item unrelated to their business or just the ones they disagree with? We're goners.…
IMO it's another grift and the latest political-oriented ETF to be created in the past few years. To my knowledge they sound nice to some, but I don't think they have much traction or volume. We saw the same thing in crypto-land recently with the …
I wish my 403(b) contributed over the summer, but it doesn't. But in my taxable accounts I've definitely been buying and/or looking to buy.
Edit: Though I got a healthy dividend and fat LTCG payment at a great time last month, so that's nice. :)
And the so-called 'analyst' ratings (er, "wallflower opinions") are shifting ... UBS downgrades TRP to sell "on the basis of a weak flow outlook driven by a slump in fund performance."
One handy thing the M* page showed was the price of the fund's individual holdings, which could give you an idea of where things might be at the close of trading in terms of planning buy/sell decisions.
You can do the same thing at Yahoo Finance fo…
Well, now that it's already down about 70% from its ATH, this is a decent indicator the bottom may be in for Bitcoin, at least for a while...lol
ProShares to Launch the First U.S. Short Bitcoin-Linked ETF on June 21
https://www.businesswire.com/new…
Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios.
These guys require a phone number. Wondering if they’ll sell it to advertisers or use it to pester you?
They called me once. Told 'em I wasn't interest…
Some excellent commentary/analysis on the curent crypto shennanigans by BBG's Matt Levine:
https://www.bloomberg.com/opinion/articles/2022-06-15/crypto-debt-can-be-trouble
Think it should have been 1%, but we”ll see.
I agree 1% would be a bazooka-level move that would've sent a decisive message. Meaning, I wonder if they can comfortably go 2 months w/o making an incremental increase between meetings....
I got into cryptolending last fall and closed out my position earning 7% over a month ago when things first getting a bit ... bumpy in cryptoland. The timing was right as I needed the play money to help pay for home rennovations. lol (Some place…
I agree with this article. The first one was the best sign of a 'top' in crypto, in my view.
The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble
https://nymag.com/intelligencer/2022/06/crypto-crash-5-obvious-market-top-signal…
fwiw saying I predict either a relief rebound or perhaps a 'neutral' day tomorrow -- followed by a volatility explosion on Wed as folks act on their post-Fed positioning plans into the latter part of the week. (Other central banks set to make rate …
@rforno : Wouldn't one have to take into consideration the % of total drop & not so much the number (600) ?
Band aids don't seem to be holding back the flow of blood, I'm calling for a tourniquet !
With the summer season in progress I've decid…
Yup. And having seen big moves in the 00s and 10s I'm not panicked. If anything, I only start to get a bit more interested/concerned when the overnight futures tank hard like last night .... but even then, I don't run to sell b/c I hold good stuff…
Orderly selling thus far, imho. Waiting for the panic selling next before we hit a bottom. We might get the former today/this week.
Relatedly, there is some serious stuff going on in crypto-land. Between corporate layoffs, freezes, rate downgra…
Between interest rates rising, recession, and the loomng regulatory changes/improvements to crypto-land around the world I would be cautious. Stick with the major cryptocoins (and fiat-backed stablecoins), avoid sh-tcoins, algo-backed 'stable'coiin…
I'm roughly down about 8% across my accounts as of this weekend. I can't complain.
I'm mainly in dividend paying value stocks with *very* little exposure to 'growth' or tech via individual holdings ... which have held up much better than I'd expec…
Well, NightShares is part of AlphaTrAI, which is run by Analytics Ventures. So, the organizational layers (CAKE) are there and all they need is COFFEE (-:).
https://www.alphatrai.com/
https://www.analyticsventures.com/ai-startups/
I'm not sure wh…
ZH clearly has a "partisan nonsense" problem, among others, but I know how to scroll past clickbait to find other posts worth reading. This was one of those.
Agreed. Good find!
Fine by me.
I loathe ZH's partisan nonsense most of the time, but the subject line gives it away: "SEC Preparing Historic Overhaul Of Market Structure, Making Retail Frontrunning Virtually Impossible" Oh, noes!!!! We can't prey and profit off o…
I see things like Bitcoin and perhaps some of the fiat-backed stablecoins (GUSD, etc) being okay and likely to form the basis of whatever turns out to be the 'respectable' crypto economy. But the zillions of 'memecoins' or 'sh-tcoins' out there? Th…
Just be sure what the fund holds before pulling the trigger. Folks see 'dividend' and think 'easy money' --- but make sure it's not something that's overly-concentrated in one or two sectors such as MLPs, REITs, or below-junk bonds.
