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.
After a few days of not posting, I have decided to discontinue posting on this thread. At least for now, I am not motivated to start any new threads.
I'm very sorry to see you go. Hopefully your absence will be temporary. I understand that a peri…
I fully support all of dtconcroe's comments and hope he will continue to share his insight and knowledge with the MFO community. "Bond OEF Investing for More Conservative Investors" is the single most interesting topic I have read on this website si…
Here's something a little different!
Capital One is offering a cash bonus of $200 on their new 360 Performance Savings Account. Deposit $10,000 within 10 days of account opening and you will receive a $200 cash bonus into your account after 90 days…
It's an interesting situation. Just my personal opinion, but I equate value stocks with the old economy (20th Century) and growth stocks with the new economy (21st Century). And from my point of view I don't see value making a comeback and achieving…
Stock prices are going much higher - higher than you can ever imagine.
Never confuse all the doom and gloom promoted by the talking heads on trash TV with NORMAL MARKET VOLATILITY.
Investment repercussions - to answer the original question.
As I stated last week the market was due for a correction and that it would be fast and furious. Obviously, I had no idea of the Coronavirus, but it is irrelevant. The market was due a 5-1…
Such articles look very good at top of bull market. Why did this not get published in 2008-2009 or 2002?
Top of the bull market? Are you kidding? We're about 1/3 the way through it. This a Wave 3 Supercycle which will last another 15 years.
A corre…
Umm....yes I do. It's not about what you can see in the rear-view mirror (recency bias) but what is ahead from a longer term perspective. Secular bull markets in stocks last about 20 years and the current bull is only 6-7 years old (2013). Much, muc…
I fundamentally disagree with a lot of Charles's viewpoints (for example he believes the economy is in the "latter stages of an expansion" whereas I think the exact opposite is true) but his articles are some of the finest on the web and I always re…
Thanks, John.
Inflation (Consumer Price Index) was up 2.1% in 2019 as of last November, so it's not surprising that IRA contributions would remain the same for 2020. Some years (in fact most years) I struggle to find the max to contribute anyway!
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From my own perspective I've hugely enjoyed reading and digesting this thread. I've learned a great deal and have researched almost every fund mentioned. Thanks to every contributor and dtconroe in particular for starting the discussion and for his …
Barclays offers competitive rates and it's open to all with no minimums. I was lucky enough to get 2.4% APY on a 12 month back in October before rates fell.
https://www.banking.barclaysus.com/online-cds.html
Both have loads which rules them out on principle for me. The Alger fund is closed. I like them both but prefer WAMCX because it has 15% in micro caps.
I'm using MINT, TRBUX, SEMRX and DLSNX as cash (savings account) alternatives. I also like JPST. The best rate I can get (with well known banks) is 1.7%. Are there any other mutual funds or ETFs which have the reliability and stability of funds like…
Thanks for the article, John.
Some of their figures seem incorrect, though. I'm dollar cost averaging into PRHSX and the 1, 3, and 5 year returns in the article are way off as of Nov. 12, 2019 (which was about half way through the big run up since …
Where is the evidence that the market could "slap (you) in the face" soon?
There is none. With respect, the very person who recently told us to ignore speculative comments like this has just made one himself!
The facts all point to continued grow…
Moved money from PRNEX to new fund TCELX- China Revolution fund at TRP
China Evolution Fund - a subtle (or perhaps not so subtle) difference!
10% up in 3 weeks is pretty impressive so far.
I was not recommending this fund. I was not not recommending this fund. I have no interest or position in it. There is nothing to agree or disagree with. I was simply pointing out that it was the top large growth fund in 2019 which returned 43% and …
DFDPX is numero uno in the large growth category. Worth paying 0.99% for 43% growth in one year, wouldn't you say?
https://www.morningstar.com/funds/xnas/dfdpx/quote
dtconroe mentioned 1 possible fund above. It is DBLSX. It is low duration not short term bond. 1 step up in volatility.
I have DLSNX - the class N share with a minimum of $2000 and an SEC yield of around 2.66%. I use it as a cash alternative and…
Despite high volatility at times, 1987 produced positive total returns in the S&P 500. The losers are the ones who sold and never got back in.
Agreed. And it's probably the same for 2000 and 2009. I know a few people who got seriously burned in …
As far as I can tell the only share classes still open to new retail incur either a front or back-end load (which may be waived at certain brokerages) and well above average expenses. It's a good fund, make no mistake. But for those at T Rowe Price …
Only one Mutual Fund in the list.
Can someone please tell me why one should by NAESX over VSCPX? I was looking to start an investment in VSCPX in 2020.
Unless I'm doing this wrong, VSCPX outperforms NAESX.
VSCPX is institutional with a minimum of $1…
Another possible suggestion for a future feature of the site is a monthly sentiment poll. A simple question could be asked on whether you are bullish, neutral, or bearish for the coming month (or whatever time period would be appropriate). There doe…
Until the Fed stops printing money you can kiss goodbye a recession anytime soon. Forget 9-12 months, think 9-12 years. It's a buy the dip market. Why fight the trend? The best time to buy is now.
Hi guys,
Did some buying this week: BTBFX, BTMFX, FNSTX, YAFFX, PGTAX and added a new position FEMKX......my thinking is we go higher.
God bless
the Pudd
Interesting Pudd. You've mentioned PGTAX before and I'm curious to know if you've ever looked…
One of mine - PRWAX - down 6.3% Friday ex-div. Pays est $3.85 on Monday, $3.63 of which is CG.
https://stockcharts.com/h-sc/ui?s=PRWAX&p=D&b=5&g=0&id=p74874272899
Very sorry to hear about Ted. Condolences to his wife and family. His eagerness to look out for us all was unstoppable and I will miss (and am already missing) his breakfast briefings in particular. He was a one-man CNBC. Cheers Ted.
Some excellent points there, Lawlar. I think a model portfolio of Great Owl funds would be an excellent idea. Perhaps four model portfolios along the lines of growth, equity income, balanced and retirement income. I'm sure the good folks who run MFO…
Overvalued market - for sure it has been stretched. Job data from last Friday got the market going again. Will an agreement be made between US and China in order to start the manufacturing sector since it has been trending downward for several qua…
I tend to view fund inflows and outflows as a contrary indicator. You wouldn't believe how many active funds had large outflows in 2018 yet went on to record truly exceptional returns in 2019 - some of them more than doubling SPX, DOW and Nasdaq ind…
Pondering FAMEX, DFDPX, and YAFFX which I would buy on their distribution dates later this month. However, YAFFX has over 25% in cash and 2.5% in Macy's which has fallen 50% year to date, so I can't help but to question their judgement. I do not bel…
Yesterday I contacted DF Dent regarding end of year distributions and received a very prompt reply that the precise figures will be available on their website by Dec 13 at the latest. They don't seem keen on providing estimates - which I guess is fa…