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.
Yup - decent fund. Though at 40% leverage, not sure how comfy I'd be throwing $$$ into it ... although I didn't own many leveraged products myself, the GFC was an eye-opener in that respect, at least for me, and I try to keep leverage in my CEF ho…
Absolutely agree -- one must do their own DD and not invest blindly or b/c a headline or TV pundit said so.
Hi @_rforno...i always have positions in high grade muni individuals bonds... If you buy high grades risks maybe much better but ur yields a…
You should've combined this w/your other post John -- and created the perfect neurosis of analysis paralysis. One article says buy muni funds and this one suggests munis aren't as 'safe' an investment as they once were.
https://www.mutualfundobs…
FAX has been spinning off ROC for years ... not sure if it's a good ROC or bad ROC, though. And its UNII is barely there, which means there's little cushion if problems occur.
#cheers! I like the goodies in your office!
The Vintage Freak and Amrut Fusion Single Malt. What a combination! Nothing else can yield words of wisdom such as the above.
Same here. One day a trend makes not. If I do buy anything it'll be in chunks, taking advantage of volatility and Tweety Amin's itchy twitter finger. Because so much #winning!
Nope, one day moves never get my impulses to go any way or another.…
Good advice, though you could argue they are one and the same depending on venue.
2 investing lessons you can learn:
• Ignore financial porn
• Ignore posting porn
'Tariff Man' strikes again. So much ignorance-based #winning I can't take it....
I'd call him an idiot, but that'd be disrespecting all the other idiots out there.
Bit of a misnomer in the article title - these aren't all (or any?) 'monthly' dividend payers. I think the article is talking about 'steady streams of dividends' during the year. You could roll the dice and pick 12 other stocks to do the same thi…
That was not an 'attack' Ted ... your panicked subject line is totally unwarranted.
And I agree their sites remain a creaking work-in-progress, even with the weird new forums.
FYI: Warning: Potential Security Risk Ahead
Firefox detected a…
It's not listed in that article but I'm presently eyeballing the Invesco KBW Premium Yield Equity REIT ETF (KBWY). It skews small-to-midcap and the index managers seem to have views similar to mine regarding real estate based on the major moves t…
Rationally-derived opinions and/or facts can be restated freely on threads you control. Meaning, I still like you. :)
Yeah, I guess. Sorry about that. :(
I agree ... what I'm saying is that he can ban anything from import w/o necessarily declaring a 'national emergency.'
@rforno
I see one reason for banning Huawei from the states is if the gov wanted in the backdoor just as China has in the past, on…
This stuff is well within my professional wheelhouse: There's no need for a national declaration on this unless one is hungry for PR optics that show him 'strongly' doing something to pressure China. Oh, wait....
Yeah saw that. ;/
@rforno; I'm thinking there may be more than trade-war going on. More trouble brewing in Middle East. Damage to tankers, 4 I believe.
Derf
You beat me by 2 seconds.....
It seems welfare, socialism and government handouts are OK for the president if you live in the right part of the country, vote Republican and have the right shade of skin color.
As I read this, VG is essentially discouraging institutions from dumping $$$ into these funds as well? So it's kind of a good Vanguardian thing that could help the 'little people' in retail-land, I guess....
Definitly gimmicky -- a TON of companies will fall under the fund's first screening critera. (note the 'or' at the end).
A woman as a member of the senior management team, or;
One-third women on its board of directors, or;
Specific ge…
Hussman - at least you'd have maybe a 30% chance of making a profit, which is better odds than investing with the Tweety Amin Capital Mismanagement Company. Not to mention, the other guy is a special kind of idiot and WANTS me to give him my money…
Waiting 'till Friday afternoon. If Donnie Dimwit follows through and kicks increased tarriffs off at 1201AM that morning, and China reciprocates at 1202AM as they've said, Friday's markets may well be a bloodbath ... so that would be the time to i…
I agree. I suspect the majority have little or nothing saved up. I always see those reports about how X percent of America couldn't cover a $500 emergency expense w/o incurring credit card debt or such. It's definitely a bad situation!
Off the…
@JoJo: I've invested in taxable accts since I was 18. Moreover I (thankfully) did rather well in choosing employers during the Dot Com era, and while I'd have loved to throw the whole bunch into a tax-deferred account, IRS rules don't allow that.…
Hank I agree!! I used to love reading USNWR -- and the old Business Week -- back in the '80s and '90s when in high school, college, and beyond. Since then both publications have deteriorated considerably and I long-since gave up reading them. :/…
If they are only looking at 'retirement' accounts (ie, tax-deferred ones) that could be skewed reporting ... I wonder what that looks dismal outlook would be if you include people with taxable investment accounts as well. To wit: much of my futur…
Hey if a person likes it, who am I to condemn it? Each to their own!
Speaking of oddities, I hate ketchup and prefer using BBQ sauce for ketchup-y purposes.
So what's wrong with a little soy sauce on your cereal?
Unless you're ultra high net worth with bazillions of dollars that need to be managed then, no, it's not worth it. But if you're UHNWyou will likely get a 'very nice' private banking experience. :)
To wit: Chase 'Private Client' services is pret…
I can see it now: "Ohh! It says 'endowment'! It must be an awesome fund, because I've heard of 'endowments' like Yale and Harvard, so I want in on this stuff!!"
Agreed! I'd pay up to maybe .90 for that (which I do for PRBLX) but 1.32 is too much.
Also noted this fund has only been around for 5-ish years so it's really thrived as growth funds thrived. Let's see how it handles the ext GFC before getting to…
Article headline mentions plural ETFs, but then only mentions on in the actual content. Typical.
The only preferred ETF I care to own is PFXF b/c it doesn't hold non-cumulative bank preferreds.
Thx David. I think Core is still a fine fund, especially now that they dumped WFC. For the moment that's the main holding in my Roth IRA.
BTW what's the plural of Parnassus? Parnassi? :)
Quick note on Parnussuses. There are 18 socially-conscious…
I don't have the finporn on anymore -- it's just a distraction and 'infotainment' at best.
But between the leading finporn channels - CNBC, FBN, and Bloomberg - I prefer Bloomberg any day of the week, as it tends to be far less sensational, 'quiet'…
