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Not to cast aspersions, and remember I also hold a large PRWCX position, but it's also worth remembering such OEF reports are, annoyingly, usually at least 2 months old by the time they come out.
I've had one taxfree OEF reinvesting on itself since the 1980s when I was a teenager. I've got several AF's that I've held nonstop since mid-2006. I've got some stocks that I've held since 1996 ... and one stock position that's inherited that was …
Rforno, what is the effective date of the revised fees structure you mentioned? Every place on the TDA site I looked it still shows the old pricing. I also checked Standard Retail Pricing: Commissions and Fees document revised 08/21 - TDA 4075 F …
Every PM who acheives short-term rock star status and becomes a media darling whose every utterance & move is covered on page one of the financial infotainment world is due to crash sooner or later. Bill Gross, Rob Arnott, Michael Hassenstaab…
Wouldn't touch it with someone else's money!
FWIW saying I heard their pre-IPO 'roadshow' presentation to investors was a joke and omitted certain necessarly elements .... plus I understand the founders (or their parent company) aren't properly reg…
I'd say the current skew is more growth based on its current Top 10...
Month-end ten largest holdings
as of 06/30/2021
Alphabet Inc.
Microsoft Corp.
Facebook Inc.
Charles Schwab Corp.
Apple Inc.
JPMorgan Chase & Co.
McDonald's Corp.
…
@rforno, did you see the rest of the S&P 500 playing catch up. From your chart they look as though they have not even made it back to Jan2020 levels. Also, I believe historically the "Top Ten" stocks have regularly out performed the "Bottom 490"…
Take them out of the S&P and see what the rest of the 'market' (er, index) has returned....or not.
https://www.thestreet.com/trends/news/heres-what-the-s-p-500-looks-like-in-2020-without-big-tech
For the loves of all that's holy, this is not a fund worth investing in and paying 2% ER for the privilege. It currently ONLY holds a 60/40 split between the Vanguard 500 ETF and ProShares UltraPro S&P500 .... pretty much any investor could do …
Not touching bonds of any sort directly. I have no need to, and besides, the past several years even sound companies have levered themselves to the gills in the era of cheap money...
I was for a few years, but cut it lose in 2019 or 2020 as part of a portfolio redo. I liked the holdings but was surprised BA was still (at the time) the #1 or 2 holding - not sure where it is now, but that company is hurting and IMO shouldn't be …
I like RPGAX too. I believe the Blackstone investment serves as a hedge against black swan events as in March 2020. Other than cash all asset classes fell in that time period. A few rebounded quickly and the others followed after the Fed intervened…
I have no compelling reason to make any moves out of the ordinary, but if I am doing anything, I'm looking to buy stuff if/when they go on-sale enough and/or as I deem opportune.
A few more days like this and I'd definitely be leaning more towards …
The recording will be available in a few days they said.
It was 30m and pretty much reiterated the existing press release and FAQs. Emphasis on Parnassus remaning independent in terms of investment management and lots of giddy talk about being 'ex…
Parnassus webinar next Wednesday if anyone's interested...
https://parnassus.zoom.us/webinar/register/WN_A4yHk4IkSxyz_EtxUGtngQ
Hmm. Characterized as a "strategic partnership."
I interpret that as typical verbiage for how AMG assimilates things …
@MSF, thanks for that updated info. That doesn't sound very reassuring, and I wonder what that bodes for Parnassus and their shareholders down the road.
Well, as long as the new parent doesn't muck with the funds they acquire, I'll rest easy....which it sounds like will/should be the case. If not, I'll be out of there even though PRILX has been fantastic.
JFC. As someone with large holdings in PRILX, you'd think they would tell shareholders of this, but instead we find out from the media. Sigh....
Any thoughts on AMG as a fund shop? I'm not too familiar with them.
@rforno- I can't seem to find a listing for VTLAF anywhere...
It's IVOL.
Sorry, I was abbreviating 'Volatile as f---k' in that post as a snarky play on its name. ;)
+1 Just the name: Simplify Interest Rate Hedge! Probably should have used a term like strategic, quantitative, analytical, research, quantum. Near a 52 week low for this fund, which probably means nothing, since the fund managers don't know anythin…
Seems really dangerous and a path towards potential employee lawsuits against 401k plan sponsors and administrators.
If it's just an option, I don't get how you can file a lawsuit. Complete BS if you ask me. Just make it clear that it is a high ris…
Thank you, bee.
I'm waiting for the Replicator, a la Star Trek.
Or, we could just start breeding tribbles to eat. Oops, bad idea. ;)
I prefer pit-BBQ'd Ewoks myself....
This is why I elected to go with the self-directed 403b ORP with my state university. If I'm going to make or lose money on investment decisions, I want to be the one responsible for it.
Not to mention, with few exceptions, I have little faith…
I have to say, the Beyond Meat sausage replacement they serve at Dunkins' isn't half-bad. Clearly it isn't 100% equivalent to sausage, but it's a decent replacement that to my surprise doesn't taste too bad.
That said, fake Italian Sausage from B…
LAUGHING here. There will be some who choose to invest this way. More's the pity.
No kidding. There will be plenty of rubes buying into this, I'm sure. Who was it (Bogle? Cramer? Sir John T?) that said one should try to never mix politics with inv…
Thanks all. Very informative.
FWIW - the password (to a news site) that was “flagged” by Apple consisted of 8 lower case letters which comprised a first name and an initial. Think “denniso”. I’d imagine there’s hundreds of people using that one.…
I'm a lifelong Apple user but use 1Password for the moment and have my vault in a zero-trust cloud storage environment that even the provider can't get into. Plus in the interest of resiliency, I didn't like having all my passwords in Apple's ecosy…
