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@wxman123, The new baseline asset allocation can be found on The fund's Fact Sheet. As of 5-1-20 it is 50 percent. Under the old Fact Sheet it was 10 percent.
The 31 day trading rule is to prevent the fund from having wash sales. The fund's 3…
It seems that CTFAX CAN make changes in less than 31 days depending on the S&P. Its just that to avoid wash sales it cant have an increase then a decrease in stocks in less than 31 days. Also not clear about what impact the baseline has insofa…
The most recent distribution yield on VMSXX was 2.19%. The current NAV is 1.0002. If it didn't break the buck in the last meltdown it's probably not going to anytime soon. I have my max allocation to this fund at the present time. If I see NAV …
Boeing will definitely 100% survive. This is an icon of American industry and much more significantly, we need airplanes. We will never cede this to Europe, and who will service the existing fleet? The stockholders may be wiped out but the compan…
I saw a pretty interesting chart the other day comparing covid-19 with the Spanish flu in terms of market reaction. Nearly identical to this point. With the Spanish flu the market recovered rapidly and well before the virus subsided. If we follow…
A nibble is definitely not 10% in one shot, way WAY less. I like to look at individual positions and the opportunities presented. My largest holding is VWALX at around 18%. Getting blasted but I doubt the muni bond market will collapse but it cou…
IF you're young and have time on your side, this past few weeks has been a fantastic opportunity to embrace volatility and DCA into positions you want to keep for the long-haul. I've incrementally put a significant amount of idle cash to work into b…
best of all, you could post about it here, like those who got out end Feb (or whatever) and went to cash etc etc etc,
unlike those down a half-mil in retirement
The idea of "going to cash" is pretty silly for anyone with real money outside of a ta…
I have found that mean reversion is the most powerful force in investing aside from compounding returns. Very long FCG, buy the big dips, sell after rallies, get tax advantage (mind the wash sale rule) and there will be at least once chance to dump…
Why would one ever mess around with VUSXX, assuming they hold an account in vanguard? The vanguard sweep account, Vanguard Federal Money Market Fund (VMFXX), yields a tick more, is just as "safe" and has no restrictions.
@wxman123 ok. I'm not seeing emails with every log-in. I'm glad to hear they are consistent and secure. Also see the reply from @msf above, regarding costs, and how they probably work out the "free" trades. ...Now, teach me something: I could easi…
@wxman123 Hello. How does Firstrade manage NOT to charge any commission at all on standard stock trades? I just opened an account. I see that electronic statements are the norm. Paper statements through the mail incur a charge. But are not all suc…
These type of backwards looking momentum strategies do not work in practice, in my experience. It's much better and easier to keep buying asset classes (not individual stocks) that are out of favor but will eventually revert to the mean. People po…
I have played this space for a very long time and it's a core part of my portfolio. Here you go.... for an anchor I use VWALX. Buy XMPT on the dips. DMB for a solid CEF. And, NHMAX for the best all around OEF, but with commensurate risk.
My experience is these types of funds get into cash to late and jump back into the market too late. See GMOM for example when it went to all cash early in its history and then missed the roaring market comeback. VERY hard to recover from. OK to p…
Nat gas stock have been in a brutal bear market for years. When I noticed FCG DOWN yesterday even after the huge run up in gas itself I took a position in FCG. This thing will turn around, even coal had it's day post-Trump.
@VF: taxable or not account ?
Derf
All 3 in taxable. FMIJX additionally in IRA as well. A wise man once told me 2 things. I didn't listen to him when he told them to me, but in time I came to live it.…
I feel very good about SPFRX. American Beacon has been doing a nice job snatching up private strategies with great long term records. Speaking of which just initiated a starter position in TFGPX. Best of luck.
I'm not sure I'd call HOBEX a bond fund. According to MS it's only about 54% in bonds. It holds lots of preferreds and according to its literature intends to also invest in CEFs and ETFs. It may be a great fund but just a heads up as to its asset…
THOPX
Even Plumb Balanced looks good. I know at one point there was some issue with company. Used to be Thompson Plumb funds. Then they had a tiff? Anyways, I stayed away.
Speaking of THOPX......This is an unloved great performer. I mean I even go…
And yet over the entire history of the market I believe this sector is among the best if not the best performer. Avoidance of catastrophic losses is the key to long-term wealth. This is the main area where I have been aggressively buying (along wi…
The thing that gets me is the low vol, the NAV hardly ever moves, even on huge move days for other floating rate funds. It makes me wonder if the underlying securities are not valued daily.
Dseex is a fantastic fund that I've been in since it opened. That said, it will always be just a supporting member of my portfolio rather than a core holding precisely because of derivatives. All of us know there is no such thing as a free lunch. …
Been in and out of thopx for years. Its so stable and vanilla it's easy to overlook in a raging bond bull market. Just re-initiated my position yesterday and will add on any weakness. No worries at all, short duration plus investment grade...perf…
