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.
BB: In this space, two or three funds may not provide meaningful diversification. For the most part, when XXXX hits the fan, they all go down together but I do acknowledge some historic idiosyncratic moves specific to each fund, which is not very of…
Observations:
* Since 03/2022 I posted many times that treasuries and high-rated funds are not the place to be. You get higher volatility + lower performance.
* The analysts said last year that we will have 6-7 rate cuts in 2024. Not even close.
* L…
PVCMX is making so "much" money YTD. It's difficult to stop this roaring train at 4.6% YTD. See chart (https://schrts.co/IfPnsRqK).
My bond funds made more than double.
The above is my small present to Observant1.
Indexing has done most of the lifting already. More investors accepted it. Most are not interested in fast trading because it doesn't produce better results.
Sure, the top 1% have a chance to use AI correctly. They are going to need a lot of brain a…
The theory is that if AI figures out that NFLX is a great company, it will generate buys for many people.
Since the stock market movements are random, AI will not guess them properly.
As someone who worked in IT over 35 years. We used to say garbage…
No need AI to take over. We already know thru history that the SP500 index simplicity beats most funds over the decades and why VG is so big.
High tech is coming after other job for decades and AI will take over additional white collar jobs.
The gap…
Congrats on the Camry. The guy who sold me the Camry was happy to sell me but also sad because it would last for 20 years and no problems.
Unfortunately, it was totaled. As usual, I tested all my favorite Japanese cars and small SUV but this time I …
Mona said
Kash Patel and Pam Bondi have publicly stated that they are on board with using DOJ as a mechanism of vengeance and retribution. The breath of the pardon suggests that President Biden understands that without that sweeping pardon, Hunter …
The usual, Dems are so upset they resort to name calling and rudeness.
The big guy, Joe, was the worst prez in my life and a pathological lier.
Sure, all politicians lie, but Joe is so far ahead.
Of course, we found out the Lib media is part of the…
Good news happened today.
I entered an auto purchase a couple of days ago for today (Mon).
Today, I also entered a fund sell order at 1% higher before 10 AM.
I saw both at 10 AM.
Both were bond fund trades. Both were executed after hours.
Then, I un…
There is more chance Trump may do something than others.
The main problem is other politicians who serve long term on both parties.
But, he already nominated several who might make a dent in our food and drugs. Food manufacture and pharma have huge …
Observant1
why don't you just keep your big mouth shut?
Typical, you are rude.
All you have to do is follow the Schwab rep info. It was very clear. Again, I don't need to unroll the auto-purchase after the first, second, and beyond to know it works …
* The Binden gang got millions from our enemies, and the big guy, Joe, knew about it. Hunter was pardoned, but its nothing for the libs.
* City of New York to pay $ 220 million in rent for a hotel owned by the Pakistan governmentto house illegals.
*…
Well, we will see what actually happens.
Although Trump is fond of tariffs, he may just implement substantial tariffs temporarily as a negotiation tactic.
It's easy to imagine how the whole situation can escalate and spiral out of control...
Soon w…
"run it's course"?
You keep asking the same thing. You reminds me hundreds of clients I used to help who could not find the enter key on their keyboard.
I use the Pixels to access everything. I always used my cell phone to access everything.
I use Brave as my browser everywhere (phone, laptop, tablet). I don't use any antivirus on the phone and tablet.
The only one I worry about is the laptop, Windo…
J.D. Power 2024 U.S. Vehicle Dependability Study is based on 3 years. That's a short term life of a vehicle, which is why I never paid attention to it.
Consumer Reports is the only unbiased report.
Since I arrived in the USA in 1991, the chances I …
Bogus claims are gone. TDS is up sharply.
@Observant1I'm trying not to think about that now
Please don't stop thinking about it. You need to get stronger because T is going to be on TV and in your life in the next 4 years.
I have used them to buy refurbished Pixel 6A twice 3 times.
The first time I bought it, I had no problem.
The second time, they sent me a demo phone by mistake, and it didn't work. I got the money back and ordered the third time and got a good one.
…
The Schwab rep already told you YOUR QUOTE
Schwab's responses (edited)
1) To utilize funds from SWVXX, you would first need to place a sell order to liquidate the amount needed
for the Automatic Investment Plan (AIP) purchase of additional PRILX sh…
Did you enroll a mutual fund in the AIP and actually purchase additional shares?
Did you then unenroll the mutual fund to cancel subsequent fund purchases?
If not, it was just a simulation...
I don't need to use the auto purchase 7 times to know it…
"I already verified you can unenroll any time."
You conducted a simulation.
I was hoping someone who actually purchased additional shares via Schwab's AIP would respond.
Based on your results, one could assume subsequent purchases can be cancelled.…
As expected, nothing new.
You must sell MM in order to buy a mutual fund.
I already verified you can unenroll any time.
Every new purchase of non participating funds have a fee. Using the auto feature reduces it to $10.
Selling shares is always free…
Again, all you got to do is try it. I just entered one and was able to edit or cancel(=Unenroll) it. If I could cancel it after 2 minutes, of course, you can cancel it after the first buy. case closed.
I left VG over 25 years ago after I entered a b…
Somebody needs to send a copy of this “Reduce Growth Significantly By Being Out Of The Market” thread to Warren Buffett.
Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake
”Berkshire Hathaway Inc. slash…
Successful investing rules from Benjamin Graham.
The book is a good read, but the devil is in the details. How many Buffets do we have?
A lot of the wisdom was lost in the technology age.
Divvies don't matter as much; the biggest tech companies don…
BB, as I said already it has been proven decades ago that the SP500 beats most mutual funds over long term.
This is how Vanguard got so big, but millions still trade, go figure.
Many times the investors who don't know much and do nothing, out perfor…
While the above is true, it missed an important fact. What is better, missing the 10 best days or the 10 best worst days? The answer is the worst days.
Read my link
Conclusions:
1. The stock market historically has gone up about two-thirds of the ti…
i've held equal amounts of JAAA/CLOZ for almost a year now and have had no regrets. They seem to be slowing down at the moment but i'll hang out for a while longer. I have money in an OEF that also holds CLOs; it hasn't done as well but perhaps it…
If you want to make more, forget about words like "safe" "investment grade" "risk" "in the past it did terrible". Success comes from an uptrend with lower volatility (in my case)...and good trading.
If you want to be safe with low risk and hold fo…
Drilling and talk about it have a good chance to lower prices. Perception and expectations have an effect on prices with minimal changes.
Lower prices have a nice effect on the economy and lowering inflation since oil is used by many.
The price of …
Drilling and talk about it have a good chance to lower prices. Perception and expectations have an effect on prices with minimal changes.
Lower prices have a nice effect on the economy and lowering inflation since oil is used by many.
”Since 2000, I invest based on what has worked lately.”
I suspect most people do. They just don’t like to admit it.
Sounds just a bit like the ”trend following” tactic discussed by Meb Faber in this week’s Barron’s. (Perhaps once known affecti…
SNAXX pays 4.71% at Schwab. I know they are not equal.
Wait, I have less than 1% in MM and I only concentrate on how to make money, which will make me a lot more than the difference between these funds.
Buffett has been increasing cash for 2 years already.
The stock Berkshire Hathaway performance is similar to the SP500 which is unique to B.
Most investors who invested a high % in cash lagged the SP500 by a lot.
What can I learn from him? not muc…
I like simple since I started trading in 2000.
Concentrated portfolio in top categories, disregarding all the noise("experts" advice, election, valuation, economic indicators)
Never alternative categories (gold, commodities, CEF,long-short,others).
…
