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.
Thanks for the update. I manage my MIL's money and have been waiting for a "mid cap growth" entry point. FWIW, PRDMX with it's much smaller asset base, I feel is a better bet than RPMGX.
I have opined several times. Design vs Implementation. If you want to invest with Hussey, go with HSTRX. At least you will not use money.
Waiting for HSGFX to turn around is like holding something like Rydex BEAR, maybe worse than that.
Vanguard Customer Service sucks. Historically. I suffer them because I consider them safe and use their funds for indexing.
Oh and another thing. They sense of "rounding" is illogical regarding how many shares they give you for whatever price even…
I'm not sure why people assume "mental illness". This seems to be the "diagnosis" whenever someone commits suicide.
I'm willing to bet my last dollar he was of sound mental health, however anyone wants to define it. Every suicide should not be an a…
I had waited patiently to buy his fund, did so, and then it closed incurring me a modest loss.
Suicide. Just cannot believe it. Something tells me he was not all about the money. I mean you will not see Madoff committing suicide, but his son did. …
@VintageFreak,
I keep checking but I have not found anything.
Really appreciate the effort, as always. I guess will know soon. Besides value funds have not done well so maybe not that much distribution.
Stupid Question. Are "value" investors ever supposed to invest in a stock that's losing money? Because I see most stocks doing well have negative earnings.
Perhaps that's the discussion to have rather than whether someone believes in Warren Buffet…
who's talking about sinking all assets into one's house?
I actually know people who do. And they also see those ads on TV and buy rental properties. I know people at work who instead of doing work are "managing" their 12 rental properties they ca…
>> It is not part of your "net worth".
have kids?
yeah, but neither I nor them can eat the house. If you sink all our assets in house and then lose job, what then?
Yes. Your home is not an investment. I will even go further. It is not part of your "net worth". I think this idea was brought out by people who decided either getting a home equity loan is part of investment strategy and/or getting a reverse mortga…
My choices for ONE fund for small IRA.
GAVAX
HSTRX
PRWCX/RPGAX/TMSRX
I own all of them for TRP funds for my MIL.
I do own smattering of VLAAX which I plan to add to after taking tax losses in other funds, however it would not be my 1 fund. When I…
I've moved on from bond funds. I never understood them, and I made that clear several times on MFO. With my newly discovered freedom selling puts, I have absolutely no use for them.
The only out and out bond funds I owned were RSIVX and RPHYX. I ex…
@msf
So I don't have a TRP "brokerage account". Honestly I did not know they had one else would have opened that one when I transferred IRA to them from an old 401k several years back.
My best bet is to see if they use someone else for ACATS clea…
I've seen this reluctance to transfer via an old-fashioned check quite a number of times on MFO, and never quite understood the issue. Years ago in transferring IRA accounts between banks, brokerages, and mutual funds we just received a check, endo…
UN Hijacking this thread :-D
So I tried to do ACATS from TRP to IBKR. TRP does not show up in the list of brokers!
Anyone did TRP to IBKR transfer?
PS - Yeah, please don't sell puts if you don't know WTF you are doing. Sell puts on stock you don't…
VF -Someday when you have time maybe you could compose for us a “Selling Puts for Dummies“ guide. It’s something my feeble brain has yet to fully grasp. Possibly others would also like to understand the process better. While I’m not interested in…
We have transferred our TRP retirement accounts to two separate brokerages. It was pretty straightforward after filling out the paperwork online. We transferred our TRP funds were in-kind to the new brokerages since they were all closed funds. Fide…
This is from someone who as been playing defense for last 15-20 years. Been a while since I visited the site and for good reason.
My answer to the question - Sell deep OTM options. Pay taxes. No one went broke paying taxes. The last 5 months have …
Actually I'm not flogging the fund at all. I'm flogging the managers. I agree we should we willing to look at places we otherwise wouldn't. Exactly why I pointed out the managers. The funds are incidental. People who still have hair need to examine …
I see PVMCX and TMSRX, both funds I own now, the latter for my MIL, the former after taking tax loss in PVFIX.
I am appalled Oelschlager and Callinan can still point to their records when it is clear they can ONLY make money in one kind of market.…
Can someone please translate...
SPY 2m IV is in its 86th percentile and 34% expensive to forecast. 2m Skew is 0.70 standard deviations over its mean.
...WTF does this mean? Is it a recommendation to buy puts at particular SPY level? Because if so,…
Of the funds I hold, APPLX and GRSPX are real disappointments.
BRBPX, GAVAX, NCLIX, NLSAX (okay so I don't own RLSFX), HSTRX, FVALX, PRWCX, are doing what they are supposed to do.
IVWAX and CETAX I had hoped would be doing better.
PGIRX and PROVX…
@Mark So I guess I'm not smart enough. And now, I may be going down the path that is even more extreme. I do not want to own any stock unless I'm forced. I want to sell a put. If I'm assigned the stock I want to sell next day as long as it is up or …
IMO, DCA is more about making sure there is a steady flow of money feeding fund coffers guaranteeing a certain level of income based on management fee charged on assets and less about making more money for the investor.
I pasted this link in another forum as well. Some food for thought.
https://www.zerohedge.com/news/2020-06-05/nfp-jobs-data-manipulated-all-paid-ppp-loans
