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.
How many people did the U.S. coal mining industry employ in 2019? 53,000. https://statista.com/statistics/215790/coal-mining-employment-in-the-us/
How many people are employed in the retail service sector: 9.8 million.
https://census.gov/library/sto…
>> What sacrifices do we need to make to save that half a degree?
You write as though you keep up, but it is clear you do not, not really. There is a lot of work out there, hardcore practical effective proposals, a lot of them by your mocke…
@wxman123 The "strawmen" are John Kerry and Al Gore whose individual hypocrisies have nothing to do with the factual accuracy of climate science or the threat level climate change poses. In fact, any hypocrisies they reveal make a stronger case for …
10 years is too long. PIMIX was great until 01/2018 but its AUM got much bigger than 5-6 years ago, the managers had to look outside their best ideas in securitized and now more HY and EM and the yield is now at 4%.
For mostly special securitized a…
@wxman123
The idea that there is not another side to the climate debate is a real issue,
Sure, there is another side of everything, just not a side that exists in the realm of rational scientific study in the case of climate change. One can stil…
I'm still licking my energy wounds. A few months ago I sold out and moved the funds into SZC, a CEF that used to be energy focused but is now shifting to more of a mix that includes renewables and infrastructure. The discount was massive at the ti…
Over the last 10 years the best performance and Sharpe would have been delivered by PTIAX and PIMIX, and with no down years. Hard to recommend others when we have these (agree PIMIX is not doing so great lately, so will need to watch).
@wxman123 You are confusing scientific facts with opinions. The planet's rapidly warming climate doesn't care whether you're a Democrat or Republican or whether I'm a "elitist" in your opinion or not. But then again, it is well known that facts hav…
You may have guessed from my user name that I might possibly know a bit about climate. And, I'm a nature lover to boot. I have not denied the science, but follow it closely. My point is that the measures suggested by Politician's, like John Kerry…
I also find it instructive that your clever (but paranoid) author compares sea levels now to how they were millions of years ago, and notes the danger lurking therein. That's the real point. No one knows what the future holds. If we have a few vo…
Lewis, you are an elitist employing the common strategy of belittling other points of view. You think because you found an eloquent summary of your alarmist case there is no other point of view? Yes, I know that is what you think yet there is not a…
Low interest rates are an unmitigated disaster for retirees. It is indeed causing a reach for yield that will probably not end well. I think like all cycles this will change, probably when few are looking. Now would be a good time. Here's to hop…
We know as a scientific fact that the temperature of the earth has changed drastically in both directions before humans had any impact at all. Since the 1800s the temperature of the earth has risen about 2 degrees. Even assuming that all of that inc…
Just looking at the number of Covid deaths, the lines for food leading up to Thanksgiving, the unemployment rate and the number of closed small businesses with loss of health care to their employees nothing the current administration did anything to…
The DOW is an archaic, price-weighted index which does not accurately represent the economy.
DOW 30K is not a great milestone and is of little significance.
This just happens to be a nice, round number that certain writers unjustifiably emphasized. …
Sorry wxman123 but to me you implied that Dow 30K was some great achievement and all should be happy across the land. You failed to address how that's important to the average person on the street or the world in general. Also neither you, I or anyo…
Well wxman123, if DOW 30K is what makes life worth living for you then I guess we have vastly different priorities. Tell me, how has that made life any better for the average Joe on the street. How is the world in general any better at all because t…
An army of political hatchetmen qualified in nothing other than a nihilistic agenda of Trumpism brought four years of chaos and administrative subversion.
I prefer "hacks" who are well-qualified administrators with experience in their jobs.
A pref…
the current administration had no transition plan and was not ready to take power in January, 2017. Grifters and inhabitants of the swamp saw the opportunity and cashed in.
So true and it gets worse towards the end. In addition, the incompetence fr…
MWTRX is a good fund but GIBLX has a better record for 1-3-5 years.
Both are not funds I use since I'm mainly a bond investor in the last several years and their past performance (6% average for 3 years) will not happen in the future.
I'm also not …
MWTRX is a good fund but GIBLX has a better record for 1-3-5 years.
Both are not funds I use since I'm mainly a bond investor in the last several years and their past performance (6% average for 3 years) will not happen in the future.
I'm also not …
I'd keep VMVFX. Would not dump based on one bad year in a black swan event. Remember, the "global" aspect hurt performance versus an all US fund. Many think international will out perform/catch up going forward.
Lately I've been looking at the blend space. Took a rather close look comparing Wisdom Trees dividend ETFs (dividend weighted, total, small and mid) versus ProShares newer suite of dividend ETFs based on dividend growth. From what I can discern, t…
FMIJX really reminds me why we have to look at fund history over a long period of time. This was a top tier fund for most of its history and the management team seems intact. The funds value tilt hurt it in recent years...but my guess is if look b…
I sold almost everything. My portfolio lost just -0.1% from its last top.
But you must still have taken the hit yesterday in the downdraft? How can you be sure you will buy back in at a better price than you sold? How long are you willing to be o…
huh?
https://www.morningstar.com/funds/xnas/svarx/portfolio
https://www.morningstar.com/funds/xnas/sfhyx/portfolio
5* with huge fees
all righty then
(have not checked mfop)
Both of these funds are run by the same team, and seem to have done …
Yes, I go back as far back as PV allows, to fund inception if possible. This is extremely relevant absent a change in how the fund operates over that period. How funds perform in Black Swan events (like '08 and Covid) is as and maybe more importan…
Why would you choose this over say BIV? or the more volatile FTBFX?
Plug the symbols into Portfolio Visualizer and you'll see why. Not only does TCW have the best returns dating back to 2007 (with no down years) but lowest SD and highest Sharp. …
Unfortunately most retirees I know including myself don't want to increase volatility and/or use cash + alternatives. The only choice most have are bond funds.
I have looked for alternative for years and couldn't find any that proved to be a good c…
BSV, so simple yet so good. Also like in the "near cash" space VNLA, GILPX,, THIIX, SNGVX, BBBMX (misstep in Q1 this year, but basically first one in last 20 years, not a single down year).
Numbers as of 9/30/2020.
Observations for one month as of 9/30/2020:
Multi- Flat for the month but securitized shined with 1-2.9%/
HY Munis – Flat for the month but Nuveen (NHMAX,NVHAX) did better.
Inter term – (-0.1%) for the month. TGLMX (mo…
