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.
PIMIX was a great fund until the beginning of 2018. PIMIX is still a decent fund.
You can't look at PIMIX YTD and compare it to BND (high rated bonds) when we had a black swan.
PDIIX is another Pimco fund, much smaller and managed by the same team.
…
I continue to do what I have done for decades which is KISS.
Prior to retirement.
We saved for years thru 401K. Always paid all bills on time. Never made a budget. Spend the rest. No more than 5-6 funds. No spreadsheet
At retirement
1) Usually 2…
Nothing new. In the 80" CEO made about 30 times their average employee. In the last several years about 300 times. Board of directors consist of other CEOs. They take care of each other. A bad CEO gets their pay for the whole contract even if …
Most investors should never own FR(floating rate) funds.
The risk/reward isn't good.
You can get high distributions with funds like PIMIX but with better risk/reward,
In 2020 BKLN lost over 20% as of 3/23/2020.
Rates are not going up because the Fe…
Looking at MWFSX I can see that the daily distribution is going down. That is not a good thing and why the return will go down because it was a major part of its total return.
As of Date Dividend Rate
7/14/2020 0.000696355
7/13/2020 0.001070898
7/…
What a revelation? Another rich guy from wall ST. I prefer to have rich people who are already rich before they serve in Gov than other politicians I know. Of course, if Mnuchin was under Dems then it's all OK. Wait, Larry Summers is a millionaire…
dude, you really need to review the cases, whether time was served, what the charges were, all the sort of detail you are so good at with finances and investments
dude, how about you review all Obama cases and tell us why he was so right and every…
NHMAX+ORNAX have usually the highest risk and NHMAX has leverage greater than 20%. This is why l selected GWMEX. Since I'm a trader I watch the chart very carefully.
I'm always concerned but when I see an uptrend I invest until it's gone. Over the years I have learned that the "experts" can't predict the future and definitely not the coming weeks-months. After a big dive, bonds just like stocks usually come bac…
The chart is in an uptrend since early May and several HY Munis made 7-9% since then. I'm in. I let my fund managers worry about where to invest because I pay them nicely.
I don't bother with the name because I never call TRP. All my funds have been in the last 20 years at Fidelity + Schwab. The only TRP fund I have ever held was PRWCX, which is one of the best allocation funds for many years.
I keep a very simple …
Has Schilling ever been right?
06/2011(link) "New recession begins next year, Shilling says" = wrong
02/2013 (link) "Gary Shilling: Why You Should Sell Stocks And Buy Treasurys" = way wrong
11/2016(link) "A Trump win might be bad for stocks" = wr…
Love to show how these sites are wrong. Below is what Predictit showed just before the 2016 election. It said all the way to the election that Hilary will win, so much for accuracy ;-)
The stock market is not a good predictor. "The economy, stupi…
I believe the barometer has a good value in accessing short term market movement which is difficult to achieve. Good work :-)
In the last several years I find Tony Dwyer to be pretty good at forecasting short term market movements. Yesterday has s…
These articles have been published when the market were lower by 5,10 and 15%. I have heard in the last 10 years that rates can only go up, that the stock market is overvalued for years, that inverted yield signals top, that PE + PE10 are too high.
…
Old_Skeet, your method is good but has lots of moving parts. Just an observation, not criticism :-)
A typical rebalance achieves similar results when stock prices go down and you keep switching from bonds to stocks to keep the same asset allocati…
ANBEX is one of the funds I posted about several months ago. See its chart(link) compared to the index.
When I look at Fidelity funds screener ANBEX has the best performance for 1-3 years in the Intermediate Core Bond + Intermediate Core Bond plus c…
Fund F = Barclays Capital U.S. Aggregate Bond Index.
As expected it did its job as ballast to stocks.
What is going to be its performance in the next 5 years? maybe 2-2.5% annually.
I don't expect inflation to rise beyond Fed expectations. I have …
In 2020 my portfolio was up almost every week, max loss from any top was 0.5%. I sold most of my portfolio at the end of 02/2020. See thread(link).
YTD I'm up nicely. In the last 3 years, I made 9.3% annually with SD=2.07 as of July 3rd, 2020. Th…
@BigTom is right-on in my opinion (on a few things here but we'll discuss liquidity). Investing in a fund with liquidity concerns in today's times is very risky. How soon we forget (?) I learned my lesson with IOFAX and will never purchase another …
BigTom, I do see this fund as aggressive for a bond holding, but I think there is room for aggressive bond funds within an overall portfolio, especially when managers like Scott Minerd are saying stocks are priced for perfection but there is still v…
I owned IOFIX on/off for months until I sold almost all my funds to cash on February 29. I posted at this thread earlier (link)
February 29 edited February 29 Flag
@mark
This is a very unique time for me and why I will answer your question:-)
My …
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Observations:
Last month was another good month. Several bond funds made as much or more money than stocks.
Multi- another good month, several did over 2%. MBS/Securitized…
The difference between VCIT and some of the funds you are “pumping” is VCIT has recovered its losses and most of your other funds are still down YTD.
Other funds? I don't own any of these funds. I already explained why VCIT recovered so why repea…
I don't promote anything. This is exactly the type of fund I love to own. Great managers, new fund, small AUM, under the radar fund. In the Multi sector bond category it has the best year to date performance + great volatility + very high yield. …
This is exactly the type of fund I love to own. Great managers, new fund, small AUM, under the radar fund. In the Multi sector bond category it has the best year to date performance + great volatility + very high yield. The fund has about 50% in…
This is exactly the type of fund I love to own. Great managers, new fund, small AUM, under the radar fund. In the Multi sector bond category it has the best year to date performance + great volatility + very high yield. The fund has about 50% in…
VTI/SPY performance was higher than BND in the last 10-20-30 years. Nothing new. What is going to be in the next 10-20 years? probably the same.
That was easy.
If you don't care about volatility then you should be in 100% stocks, in fact, you shou…
Same angry voices. I sleep well regardless and don't pay attention to polls.
Mona: FD1k loves to preach "momo" except when it does not fit his narrative.
FD: can you explain the personnel attack? ho, I get it, you lost money year to date while I…
Same angry voices. I sleep well regardless and don't pay attention to polls.
Mona: FD1k loves to preach "momo" except when it does not fit his narrative.
FD: can you explain the personnel attack? ho, I get it, you lost money year to date while I…
That was funny.
James Carville in 09/2016 (link) "It’s hard to look at it right now and come to any other conclusion than it is going to be a pretty sizable win for the Democrats"
NY Times 10/2016 Hillary Clinton has a 91% chance to win - The Ne…
@LewisBraham
I understand exactly where you are going with. I know the statistics.
You want to blame everything on color and I'm saying it's not all color, maybe you can look a bit deeper into the culture, attitude, family. All I know is that we h…
