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.
Pop-culture financial infotainment .... one quarter's lackluster performance is irrelevant for long-term investors who know that markets move both UP and DOWN.
Shame on the publication for sensational headlines and forced-thru clickbaiting. Slideshow 'articles' must die a violent fiery death!
Thx Ted for offering the summary list.
Yup, sold the whole thing. (I'm not worried about taxes.)
It's re-opening again soon anyway so I can always go back in if I want.
Sold out of FMIJX the other day due to its currency hedging posture given the looming trade war.
Looking to add t…
Sold out of FMIJX the other day due to its currency hedging posture given the looming trade war.
Looking to add to TWEIX, POGRX, and perhaps others in the near future on continued weakness.
Thx for this. Ahh, memories.
"SEPTEMBER 29, 2008: The US House of Representatives defeats a proposed $700 billion emergency bailout package, 228-205. Stocks sink as the votes are counted live. The Dow plunges by 777.68 points in its largest single…
Sadly, we're out of it now, but I daresay we won the heart of the nation. Campus is still going nuts and we're all thrilled at what's happened thus far, obviously.
Until next year!!
Being a UMBC faculty member, I'm quite happy with the past 24 hours on the basketball front. :)
UMBC crucifies Virginia. Nice surprise, but I bet it wrecked everyone's brackets. My own B.A. was earned just a stone's throw down the road from UMBC…
Great discussion.
At least these are 'normal' vanilla-looking notes and not more of those ducky 'Principal Protection Notes' or 'Barrier Notes' the big guys were foisting on retail investors before the financial crisis. You know, those creative in…
Nolan's 'Dunkirk' was great. The lack of music, special effects, and more really put you into the middle of the action ... coupled with the relatively small amount of dialogue made the overall film feel rather surreal and gut-punchy. Excellent pr…
Butterfly spreads are options trades when you think the uderlying stock or ETF will stay within a given range. Some options trades do have weird/funky names to them.
Say ABC is at 32.51 ... you can set up a butterfly spread with the max profit re…
If that comes to be, prepare for the next round of MAGA-induced #winning for the country! You know, recessions, a bear market for equities/bonds, trade wars, etc, etc, etc. On many things, both policy- and personal, this current WH regime makes …
"And for comparison, something along the lines of 40,000 people are killed in the USA in automobile accidents. Where is that outrage?"
Most people need a car today. However, they used to need a horse. By contrast, few if anyone needs a gun today.…
I've refrained from jumping into this thread, but had a few minutes to kill this morning.
Funds own what they own. I'm angry that Comcast jacks up my bills every year, but while I boycott them as a TV customer I won't dump the funds I own which in…
Give them a little time to work out the integration kinks. Years ago when TD bought ThinkorSwim (which I didn't agree with at the time) I woke up on Monday morning, logged into the ThinkDesktop (active trader) where I had several futures position…
Translation: Fund vendors, feel free to dump your speculative hard-to-value cr--p into vehicles that you then peddle to unwitting retail investors and pension funds. Because the financial sector must continue to privatize the profits, but socializ…
What do you do? Just install/ download on a specific device? Is it free?
Pretty much, yeah. Once you set up an account, you just fire up the software, log in, and go from there!
BTW the firm I use, PIA, is offering a sale @ the moment - $60 for two years
https://www.privateinternetaccess.com/pages/kinja-deals/lifehacker
It constantly is rated one of the better VPN services out there ... I've used them for probably 7 or 8…
Exactly. If you don't notice it, it's not a big deal. I have a 250GB line and with VPN software client my speed goes down to maybe 210GB ... barely noticeable! If I tried it on my home router, my speed would be down by 50-60% which is problem…
I use a VPN to guard against local eavesdropping by my local ISP and prevent them from shaping my traffic or injecting ads into it. I don't care if the VPN provider or the exit node in Toronto, NYC, Chile, or Sydney sees my traffic. And I only …
TRP gets the nod from me - I hold several of their funds and am quite happy with the firm and investment style. That said, maybe also look at some of the Matthews funds? They're an Asia fund shop and have some pretty good offerings, I hear. (I …
I've used Private Internet Access (PIA) for years. Great service, reliable, multiple devices, excellent speeds, and dirt-effing-cheap!! (like $4/mo or something)
TRP pulled the fund's launch several months ago. IIRC they said the 'market conditions' weren't right. I'd rather them postpone things than launch just to try and gather more AUM -- so IMO they did the responsible thing and probably what was bett…
No party is going to meaningfully change the system that puts it into power.
Ergo, the courts step in at times, hopefully to help even things out a bit.
The fund looks quite interesting and could find its way into my portfolio at some point.
There are no-load shares available thru some brokerages - seems I can get the lower-cost K shares at TDA for just the transaction fee.
I'll offer 2, which I hold and are low cost...
CWGIX - slow and steady, great long-long term performance.
VMVFX - skews midcap, about 50-50 US/ROW split, low-cost while still hedging currency exposures. I ike it for that, not b/c of its name. Bo…
I made popcorn & semi-detachedly watched .... while preparing a syllabus for next week.
IMHO some perspective: while a 'correction' is certainly long overdue in an overheating market, let's not forget that today the US markets have fallen hard…
I am about 85% invested, nearly all of which is in reinvesting equities -- which is fine by me. :)
My remaining cash, while annoying to hold, is helpful in being opportunistic when things turn south ... and I'm ok with that (mild) annoyance.
@rfo…
I'll go out on a limb and call it: We're at peak hubris.
Ray probably has a bunch of stuff he wants to unload while the getting's good, and needs more sheep to sell to.
Yes, I'm a contrarian and cynic when it comes to prognostications from su…
Many value funds/companies are looking increasingly expensive during this continued market meltup. But I agree there are many good value funds -- perhaps the cheapest, if not certainly the most keep-it-simple-stupid (and equal-weighted!) value fun…
I'm 45 and about 80% invested across my accounts. Come a major 'correction' I will hopefully be able to buy stuff on my shopping list at 'discounted' prices and be happy to continue accumulating shares.
I have VMVFX for a nearly 50-50 split world stock fund and like it -- owned it since inception due to its fees, composition, and allocation --- not b/c it's called a 'minimum volatility' fund.
For world stock exposure you could also look @ sector …
And the advertising for brokerages is getting up to pre-GFC levels, too. You know, the "trade anywhere, anytime!" commercials telling you that you can "be in control of things" ... we all know how that ended up the last time.
I'm about 95% in e…
