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.
The bull "market" is extremely narrow. The equal weight S&P 500 index ETF (RSP) is still down on the year. What's leading the market higher is tech, especially large cap tech. There are some funds/ETFS like ARKK up 84% YTD. It's march higher…
I have live in NYC, worked in NYC and visit frequently. If anyone says there has not been an increase in violence and decay over the past several months than we just have to disagree. Just google NYC and looting. As I said, you can fairly argue c…
You misunderstood my comment. No, you overreached.
You even made it clear what your comment was about, literally, with a followup shortly thereafter:
Oh, and to be clear...having been in NYC dozens of times during both the Rudy and de Blasio …
Not all "facts" can be checked ... MSNBC commentator ... said that the number of murders in NYC this year were similar to "the 90's" when when Rudy was in office
You heard wrong, and some facts are incontestable:
The number of murders per year in…
Oh, and to be clear...having been in NYC dozens of times during both the Rudy and de Blasio eras I can say without a doubt there is a palpable difference to say the least. Rudy may be a bit of a kook but on the substance he was mostly spot on. If …
Check the facts out for both parties:
https://www.factcheck.org/
Not all "facts" can be checked and some claims are nearly impossible to debunk. After Giuliani's speech one MSNBC commentator purported to be "fact checking" his points. she said t…
I wonder how many people watch MSNBC and think that's the "news" based on "facts" especially when they see that washed up Brian Williams trying to play journalist.
I wonder how many people watch FOX and think that's the "news" based on "facts" e…
So, watched the RNC convention last night flipping between FOX and MSNBC. I suggest this exercise to anyone who does not fully appreciate the division in the country or what Trump means when he says "fake news." I was blown away, for example, by …
And, I'll give you my personal two-cents....maybe not everyone should vote. What is the quality of the analysis and judgement of someone who couldn't figure out a way to vote live or by absentee ballot, and had no motivation to do either? I think …
Rono, I'm good with the Michigan approach, and absentee ballots in general are fine. That's different than what is being discussed currently under that banner of mail-in voting. Congrats to the Kid!
And, I'll give you my personal two-cents....maybe not everyone should vote. What is the quality of the analysis and judgement of someone who couldn't figure out a way to vote live or by absentee ballot, and had no motivation to do either? I think …
Show me credible, verifiable proof and data for your statements wxman123 or it never happened. Here's a hint: the mainstream media is NOT the problem. Were it so they would fall on the same trash heap as Faux news, Breitbart and zero hedge quickly.
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the BIG problem is accountability. If we could know that each mailed ballot links to a live voting-eligible adult making a voluntary choice then I'm OK with it.
paranoid nonsense, sorry, just read up, seriously
way too much listening to DT et …
Voting by mail is in itself problematic in terms of delays and logistics, but the BIG problem is accountability. If we could know that each mailed ballot links to a live voting-eligible adult making a voluntary choice then I'm OK with it. But each…
The polls are wrong just like in the last presidential election...but on steroids. People are embarrassed to support Trump and I have literally had friends tell me they were not truthful with pollsters and others who would never admit to voting for…
Saying "Joe is not a young man anymore" is accurate but an enormous understatement. Putting politics aside, there is a difference between being old and coming across as an old man. In context, Reagan and Trump were considered "old" but they did not…
People who are relatively moderate (maybe even liberal) are scared of what they see happening around the country...but mainly if they tune in to Fox news once in a while. There is anarchy in the streets and it is absolutely true that this is occur…
MSF, I can't disagree with anything you say. Certainly there is no magic in one year, but it is a useful point of reference and I find it interesting that once you move beyond short duration bond funds there are not many that started life before 20…
My goals at retirement are 6+% average annually with SD < 3 + positive annually + never lose more than 3% from any last top.
It seems to me that you jump around quite a bit with large sums of money into a few funds (mostly bond?) that are on a …
One reason maybe that AVEFX ''flies under the radar'' is it is not available at Fidelity or Schwab no load/NTF.
In 2020 peak to trough AVEFX lost about 10% while FPINX lost only about 2%.
AVEFX has 20% in stocks FPINX < 1%
Vanguard VASIX is a be…
MSF, having held PSLDX for quite a while I can say that it does not correlate as directly to interest rates as one might expect. The general concept of the fund is that when stocks are down, bonds are up and vice versa, mitigating the impact of ris…
Two words. Vanguard Wellington. For hobbiests like us it's great to talk about funds but for making money over a lifetime while doing very little VW is the way to fly. Keep adding as he goes and he will retire a very rich man.
The granddaddy of them all in this space is PSLDX. IMHO among the greatest mutual funds of all time. You can get it for $25K at vanguard, but it's no free lunch. After holding for a few years with enormous gains there was a point in the past few …
AKREX is a very good fund, no doubt about that, specially for those buy and hold and check into it once in awhile. I realized that the portfolio of AKREX is very stable, extremely low turn over. In a way, that is good if the world continues in the s…
Hi Puddlehead, Thanks for answering my comments. I am a retiree too at age 55 in 2001. I imagine myself as a coach, recruiting a player that can shoot. As long as they can, they are in. If not, out. I closely watch my players. I do not wait for a s…
Love MWTRX for core (actually core plus, but I use it as core) and now FIXD ETF (seems to track MWTRX but beats it by a smidge due to lower ER); PTIAX and sticking with PIMIX until I see enough good reason not to.
One reason maybe that AVEFX ''flies under the radar'' is it is not available at Fidelity or Schwab no load/NTF.
Firstrade is great for buying this NTF. It also offers many other "fee funds" with NTF.
I'm not sure what the attraction of this fund is. Returns are positive, yes, but over the time period it's been around (sans the last few years) a CD would have performed as well or better. I do like the "never had a down year theme" but in that s…
Thanks FD and Bee. For me its VWALX, have had it for years and no complaints. It seems all of our funds are relatively the same on performance and risk, give or take. Performance Trust muni has been on a role this year (PTIAX not to bad either) b…
Thanks, also, when you say you don't hold funds that lost more than 1%, what holding period do you use. If one of your funds lose 1% in a day do you nix it then and there?
Thanks for sharing. Just wondering why you would commit so much to ANBEX. For two of its first three years of existence it was middling at best. This year it went crazy good, but how could you know that enough in advance to capture the gain? I a…
Hi guys ...
My comment made on May 10th in an eariler post in this thread was "First, know that it has a 31 day trading rule and it can not change position direction once established until 31 days have expired." And, I should have added from last …
