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.
David Giroux thinks Utilities are a 10-year play and are undervalued. I guess he does not expect interest rates to go up meaningfully.
I'm still looking for market to firm up a bit, but then will add to my conservative holdings.
You know what. I can't even find any information on fund fess, definition of NTF, holding periods, etc. The only thing I found was a video explaining when to buy A, B, or C class shares. How useful is that?
I can't believe I could have been so stup…
@carew388. Of course! I have to be holding shares at TD Ameritrade. How is it possible otherwise. And I'm sure they will not honor grandfathering of Scottrade terms. EVEN if they did, they will renege and then make it impossible to deal with Custome…
I have no sympathy for Facebook Users. It is laughable if any Facebook user thinks their information is not being used in unforeseen ways. Even if you check the COOs apology, she is apologizing for the "Scandal" not the actual fact.
I have said man…
Necessity is the mother of invention. Where is the necessity for driverless cars? We don't have enough drivers?
Uber is a 4-letter word and nothing can Lyft it out of trouble.
So now we can no longer purchase PIMCO funds on NTF platforms :X
And brokerages will charge fee when you sell.
Thanks PIMCO. Not.
There has to be law against multiple share classes.
@Roy - Yeah I have always wondered how when you transfer your IRA from ABC to XYZ, XYZ is allowed to add $50,$100, whatever to your IRA account. Basically XYZ is making a contribution to your IRA, and I'm not sure whether it is included in cost-basi…
@All - "Broker Diversity" is term copyrighted by Yours Truly. I thought that was obvious.
And YES, I am paranoid. I've been paranoid ever since I was a victim of identity theft and went through 2 years of hell. In my life before that my mother's mon…
@Junkster. Ameritrade will charge for exiting, so Fidelity paying bonus will make up for it. As long as one does not have any issues, any broker/service provider is fine. It is when you have a problem and how you are treated is when you REALLY know …
@catch22 - I guess I'm just paranoid about broker going bankrupt and my portfolio going up in smoke for the most part. Couple of other reasons are thinking you NEED a fund that's NTF only at one broker vs another. Finally, while not a reason anymore…
My fault. I should placed the trade before the transfer took place. Just got lazy. Seems to be just like after you purchase new fund shares it takes a couple of days before you can sell, it will take at least that much time after the transfer into A…
Ted, leave humor to others, you just deal with rumor.
I take it you don't have Ameritrade and you want to joke while people are suffering loses because they cannot place trades in their accounts. How about market is crashing and you cannot sell and…
@Old_Skeet. So I needed single malt in hand as I readed (hic) your post again. Finally I think I understand what you are saying.
So I could go to charting tool and plot all XL? etfs against EQY over last 3 months. And then wait for those ETF chart …
50-50
FYHTX shows closed to new investors on Fidelity website. Buying FFGCX seems to be like buying any other natural resources fund. Will do some research.
Need to figure out if any of my existing fund managers are leaning this way first. Might a…
I've always found it difficult to follow anyone saying invest in commodities. This is because I dunno whether they are saying buy raw commodities, i.e. "Commodities Broad Basket" funds or simply "Natural Resources" funds.
Does anyone have an opinio…
@Old_Skeet. I need to understand what you are doing more. I tried doing some sector trading in 2017. I lost a little on many trades, but earned a lot on few trades and was net positive. However, I decided to take a step back and stop. Unfortunately …
@Old_Skeet. I need to understand what you are doing more. I tried doing some sector trading in 2017. I lost a little on many trades, but earned a lot on few trades and was net positive. However, I decided to take a step back and stop. Unfortunately …
@Old_Skeet - As Per Fortune Roundtable, "energy" should be underweighted. General consensus from all including TRP Growth Fund manager. I forget his name
As per GaveKal, "oil" is going up.
Just FYI. "oil" may or may not equate "energy" at large".
Also available from Schwab for no fee. I bought some RNWOX in May when it started.
I expect to hold this one for a while, yeah? Ended up buying at Vanguard. I should have kept looking for availability. After a while I just stopped thinking just li…
I would like to buy Rondure, but they are not available NTF anywhere I could see. I'm reall trying to move away from holding accounts at individual fund companies. Getting old and have to think regarding educating and simplifying life for near and d…
I thought "active share" is only useful to determine whether it is even worthwhile considering paying higher expenses if fund has low active share. Whoever thought being different from index is guaranteeing higher returns?
High active share does no…
First of all someone needs to explain to me what is so great about Ray Dalio. True, his youtube video on how the economic cycles work was insightful. At the time that is. Current market I'm not sure if obeying his thesis.
Regardless, is a greatest …
Did @MikeM buy donuts already? I thought it was a rule if someone yelled "sky is falling" and it was because of YE Distribution, one is supposed to buy donuts :-D
Thanks for all the comments guys. One reason I haven't contacted Lyft is because I am not their client. Best to work through Discover. THEY are liable for all charges and can deal with Lyft. We have new card now and don't see any other transaction w…
And Al Gore invented the Internet.
Lest you forget, I predicted WW III. Remember to tell your kids when I'm long gone...
When Venezuela moves to cryptocurrency funded by Petro dollars and then someone steals it all online, the US will go in to sto…
@LLJB, who knows? Unless it's equifax one thing I'm doing is not letting any CC "leave my sight" if you know what I mean. Like don't give to waiter to take it away (who know where) and then bring it back. Swiping in plain sight is okay.
Equifax da…
@msf. I and my wife were apparently not affected by Equifax hack. OF course as someone on this board pointed out, their website which asked you to enter last name / ssn / whatever would take garbage and say Yes/No, so who knows you may be right.
Ho…
Thanks davfor. I only have a smattering of this fund. I was going to DCA best on my ANALysis but like some of my other positions I initiated, things have just been moving in one direction so never had opportunity to invest more.
Like you I think I …
@DaveSch, Thanks! I will take you up on your offer.
@MikeM, Yes I saw that link. Problem is I haven't found satisfactory solution to Cost Basis/Capital Gains reporting in the alternatives, unless you think I missed something.
El-Erian is one of the most overrated "experts" IMO. Most likely another one who made "prescient" calls in a particular kind of market. Just like most other experts.
Good he is not actually managing money any more.
