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.
He can say what he wants, but at least Powell is doing his job on behalf of the country and has a clue about things he's responsible for. The same can't be said for ..... others in DC.
No selling here ... if anything, I'm slowly nibbling and buying.....
... but nothing grabs headlines like photos of shocked floor traders and panicked headlines about market volatility, right?
US futs open around 6PM ET ... but to get a true sense of how the overnight might turn out, wait until the Asian markets -- ie, China -- opens at 9.
US futs < 1% at tonight's open, so......buckle up, folks!
I have no problem nibbling on stuff I'd like to own for the long-term that hit my price targets, but I am not going hog-wild with buys, tempting as it might be. I simply position-size based on volatility and DCA into positions as appropriate.
I'm mainly leaving my positions alone these days -- but using some 'fun' money I'm also trading around the edges with some success, particularly in SH options. Tweety Amin --er, President T --er, Mister Tariff, er, I mean, Individual-1's ability to…
Same here. Bought it during its first month not for the 'minimum volatility' aspect but b/c it had an eclectic mix of global stocks and skeed midcap. Very pleased w/its performance to date.
I have been invested with VMVFX since inception. Top 10…
The LEXCX ER is lower than many LCV funds I believe ... but still, I think it should be lower given how it is structured. I am not looking to buy it, I'm just opining about it b/c it's a somewhat unique fund.
@rforno
Voya/ING perhaps being oriente…
Not a bad list - I own PRBLX as the core in my Roth IRA and NSEIX has been a watchlist fave for a while, too.
For a trust that is essentially unmanaged, there is no reason why LEXCX should have such a high ER.
Decent fund imho, but I think growth has had its time in the sun in recent years .... I think value is slowly coming back into vogue and would be more inclined to look there.
But if you want a solid LCB fund? Check out PRBLX, which I hold in my R…
Arnott's funds are FoFs and seem to be a place for PIMCO to get more AUM for its various funds.
Arnott had a 20% short S&P position in PAUIX (one of his big popular alt funds) and held it for *years* during the 'bull' market post-'09. Why? Hi…
Yeah - it's the generic cash account for brokerage account transactions/activities/dividends, etc.
@MikeM and @rforno etal
So, the sweep account must be used to receive transaction money from dividends, a fund sell, etc. and is also the account…
Same at TD. We have sweep accounts paying next to nothing - there are a few TD-branded MMs that you need to contact an 'advisor' to move money into/out of, and they have higher ERs too. Oh ... if you want to use another MM fund, like a Vanguar…
Ahhh yes, the time of year when magazines and pundits offer their best picks for the new year by flipping coins, shaking their magic eight balls, etc. to come up with recommended buys. It's the most wonderful time of the year! :)
You have to w…
They have to jack the price up to pay for those hideous auditory ads they endlessly run during football season narrated by Dennis. EVERY. WORD. IS. KINETIC. Leary.
Heck he doesn't have the guts to fire someone himself despite his tough-guy 'you're fired' persona .... he sends lackeys to do it for him.
Let's simplify. He really does not have the balls to go after ANY dictator.
Cordier's thing was always based on percentages - you just didn't need the underlying stock or commodity to move against you. Up, sideways, anything but into the money and you would make money. I read one of his books years ago and I don't recall …
IMO that's usually why the re-open, but I have no hard evidence to say for sure.
@MFO Members: I wonder if the lose of assets and the fund's performance over the last year have had anything to do with the reopening ?
Thx for the link -- it's always interesting to read what the TRP folks have to say, esp Giroux, whose PRWCX I hold in large quantities. That said, the entire event (as with most such events) can probably be summed up as: "Heads, we don't know for…
I wondered how a manager would have to pay out so much in distributions. The answer is that the rats have been abandoning ship. A glance at the Premium portfolio holdings tab shows that Rolfe has been selling from every single position in America's …
Remember, midterm elections are just days away.
I bet we see continued run-up today and perhaps Monday, and then a massive reversal on Tues if the Dems retake the House. You know, get as much altitude as you can so any big drop down won't bring…
Thanks -- I was going to check my local library tomorrow. I appreciate the info!
You may be able to access it free anywhere via the internet through your local library as I do. Here are the numbers if you are not able. All in millions. PRGTX AUM
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Thanks fundly. I let my M*Premium lapse last year given the ongoing issues there, but I know where I can find that data now. Thanks!
In Morningstar premium which I get free from our local library, in the fund page you are looking at, click on th…
Markets only 'love' Tweety when they're going up. When they go down, Tweety finds something or someone else (*cough* Powell, Fed) to foist the blame on, b/c his skin is so thin you can practically see through it, and nothing's his fault unless it …
Jerome Powell sure to receive another scathing by day’s end. :(
No, I think it'll be the rogue traders embedded in that caravan that he blames for the market 'crashing' today.
I don't dabble much in munis so I really can't offer much insight. That said on some of the muni funds I do look at, I consider things like duration, how much general obligation they have (lesser is better imo) and which sectors they are mostly f…
Finance media has these types of articles on-file to trot out after any major volatility hits. Pretty much the same stories/opinons/'advice' --- they just change the dates and bylines. YAWN...
