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.
Metaphorically wrinkle-free.
Neutral-leaning-bearish, but cautiously opportunistic -- meaning I take smaller actions & DCA more into positions that I might do otherwise.
PFXF is my 'preferred' preferred ETF, though I don't own any yet. I don't want bank preferreds (though it does hold REIT preferreds) and think the fund's general composition is pretty compelling.
Of course they're being commoditized --- how many mutual funds are "me too" funds that have limited AUM and extraordinary fees? Why pay .50 or more for ABC S&P500 Index fund when you can get one (or an ETF) from Vanguard, TRowe, Schwab, etc…
HACK makes sense as a niche sector thing, but I think it's too high an ER for my principles. (And yes, this is my industry)
The other two funds they're rolling out .... yawn. Nothing to see here, not really sure why they're needed anyway.
They're both just someone's opinion. Doesn't really mean much to me in my investing decisions.
Maybe you can interpret it as 'skewing' an allocation toward/against something (and from that glean some potentially useful 'Street consensus' maybe) -…
I wasn't a paid contributor but I've been on Bloomberg a few times and CNBC once. One day I was double-booked on both to discuss the same topic, and I called the Bloomberg producer enroute to the studio to see if it would be a problem -- she said…
Yah it's ugly out there. Thankfully the colleagues I know live in the city are home, safe, and (we hope) out of harms' way.
My campus is just south of the city, but I live way down in Virginia. But I've had the news on since I got home. So sad…
Some useful tidbits there, yes. I guess.
However I think the bigger 'trap' in picking individual stocks is laid for the retail investor who believes whatever is promoted or mentioned on CNBC or held by a prominent investor/fund (Buffett, Icahn, L…
It may not be a "convenient store of value" but it sure is a convenient "store of power" when you want to pounce on (desired long-term) assets that go 'on sale' due to market insanity. In that case, the 'value' of cash is quite reassuring to me, e…
I love these "X fund(s) to hold forever" scenarios. LOL
Looking backwards, I'd throw in LEXCX (passive, 0% turnover) or one of the classes of AF WaMu Investors (active, low turnover).
Looking ahead, I'd include those plus MAPOX and potentiall…
Interesting profile but didn't really say anything new or revealing about TRP. (NB: I hold several TRP funds in my Ameritrade account and do respect the company itself.)
Part of me wonders how much of that report was algorithmically generated, es…
That article reeks of performance-chasing to me. Yes, smallcaps outperformed, but they're also more volatile and not many people would willingly ride their dramatic ups and downs.
If you want a SWAN (sleep well at night) portfolio I don't think…
My read is that M&P don't want to be held to the 25% target if it means they need to take on more likely-bad risk to get there. I'm totally fine with that, as that's in keeping with their conservative investing philosophy.
(long-time lurker, first time poster)
I watched NBR for years after dinner and was dismayed with some of the "special effects" changes they made in 2011-12 after Kangas retired. I kept the faith for a while, though.
Actually, I was on NBR for its…
