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.
@Bee, I have a large cash pile from account consolidations in recent years that for the most part has yet to be deployed into anything other than rolling-over t-bills. I've been using that dry powder to buy new / add to existing positions in recen…
Everyone said the GFC aftermath was a 'generational' buying opportunity. IMO the past 10 years were a cheap-debt fueled 'bull' (key word!) market that was artificially supported by QE, ZIRP, and what-not from the Fed. Yes, it was a fantastic rid…
Gotcha, thx for the clarification!
@rforno: Thank you for your question about why I choose mutual funds with higher fees that also have 12b1 fees associated with them.
"@Skeet, out of curiosity, why do you use VADCX (1.21 ER?) vs something like R…
Yeah, I know. I may well buy back in at some point, but growth is less attractive of an investment than before in my view. Shifting more to value and/or blend than pure growth in some of my accounts.
Closed out of growth POGRX in my Roth on yeste…
If a decently-priced active fund trails the market but offers a smoother (or contrarian) ride, I'll take that any day over market-capped index funds -- especially if it meets my criteria for generating returns and investor comfort ... especially if …
I added to RWMGX in my 403(b) and PRBLX in my Roth, buying on *major* down days.
@Skeet, out of curiosity, why do you use VADCX (1.21 ER?) vs something like RSP (.20), for an equal-wt SPX fund? (They're both Invesco funds)
@Crash: Yeah, the food inflation fake-outs are rampant these days, for sure. Notice how what we used to think of, buy, and consider a "pound of coffee" has become 12oz?
I'll add one grumbling observation: I love how there's CPI and 'Core CPI' --…
That's why we nibble and build up positions over time!
I don't have to tell you guys, but the problem with buying the dip, is that you don't know how low it will go. Added to Wellington at beginning of the month, my normal purchasing time.
Hrm. Maybe I mis-read things at the time, which was entirely possible then.
Memories fade. Sometimes we remember what we want to remember.
My own memory says that PIMCO funds were generally expensive, though I believe that there was a perio…
I owned PIMIX years ago and the ER was something like .60 or .70. For them to be charging 1.XX ERs on classes including their institutional, for that reason alone I wouldn't touch it with a barge pole. Wonder if they've gotten too comfortable in…
Unbelievable. But yet totally believable, given Wall Street.[1]
I opted for the 403(b) over the pension system at my state uni system precisely to afford me flexibility in investments. If I made (or lost) money, I wanted to be the one doing it,…
For me that was one of the final blows that made the site totally unusable for my needs, free or otherwise.
@MIkeW: You not wrong,. and try finding the fund families page, or the purchase tab which gave you the various share classes.
Regards,
Ted
"For every dollar brought in by the new tariffs, a dollar has been authorized to fund rescue programs for farmers who have been harmed by retaliation from China and other countries. The U.S. authorized $12 billion in farm rescue funds in 2018 and an…
I know! My shares of Gas Lamp Lighters (GLL) are still way underwater, too. But I'm sure they'll come back any day now!
Am still holding 5000 shares of International Buggywhip (IBW). Hoping for comeback any time now. When that happens, am going …
Admittedly, I used to have CNBC on in the background when trading futures back during the GFC But as a seasoned investor, my automatic response is: "CNB--who?" and then "CNB--whyyyyy?"
Speaking as a current academic (following 20 years in industry) don't get me started on the insanity of the academic business. What really burns me is seeing more administrators and staff hired to lead feel-good initiatives while schools rely mai…
M* is perpetually beta testing their site .... though at times it seems their goal is to reach a wobbly alpha state instead of stable release. Sad to see such a resource fall so hard for so long. :(
Stars? As with their Badges and Kudos, i don…
YES. I heard 'hawkish cut' on the commentary yesterday and thought the pundit mis-spoke.
Politicians are making a pigs' breakfast of everything and expect central bankers to bail them out and/or provide political cover for re-election. Central b…
Nibbling around the edges, yes. Have too much cash sitting around and am still putting it to work despite keeping a fair amount of ammo for when things really go south in the equity markets...
MIC took a nosedive last year due to several lawsuits over its management of one of its projects. (I'm likely going to be a lead plantiff on one of them as it moves forward) Not sure why that's recommended right now unless it's a 'recovery' play.
…
MVNOs use the same towers/networks as the big players they lease from, with a few differences:
- they get lower network priority compared to paying/pre-paid customers, esp during congestion
- they may not have the same domestic network roaming ag…
Frankly I'm finding better site functionality and more useful data, food-for-thought analysis, and interesting commentary at SeekingAlpha these days. May be worth more than M*Premium the way things are going over there these days. Sheesh.
And of…
M* has been alpha testing the new site, and site improvements, for a few YEARS now. Premium members were paying for the privilege of disruptive or incorrect data, broken pages, features working or not working, etc. Overall, a horrible QA and de…
... and then earn a 'badge' talking about it......
But don't forget it's now very easy to get the "Carbon Risk Score" and the "Fossil Fuel Involvement" rating -- two very crucial data points to consider when evaluating a mutual fund.
Catch thx. It wasn't the content (thankfully much of the political noise ceased when they moved everyone to the new site back in May) it's just the new layout is not very intuitive and I find it much more cumbersome than the prior site ...or most s…
Their old site had so many scripts running it was insane. Glad I blocked most of them to make it usable for so many years.
@Tar, agree. Though happy to see the level of vitriol there seemed to drop down with the new site, for whatever reaso…
Oh really? I haven't look at it in a while. That's good to know -- thanks!
BRLIX is equally weighted only through the end of this month. As the prospectus now says: "This 'roughly equally weighted' Index contrasts with most other 'market-cap we…
You may want consider doing a partial exchange, keeping a foothold in the fund while exchanging monies into a better performing Bridgeway fund such as the Blue Chip Fund or the like since it is in a non-taxable account.
If I wanted broad megacap e…
