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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.

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FD1000

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FD1000
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  • I "love" opinions from people that never lived in the Middle East and don't understand the nuances, especially Americans who live in a huge country and so far from the enemy while Israel is a tiny country with just several millions surrounded by a b…
  • DIAL looks to me as a pretty good option: 1) ER=0.28% is cheap for Multi sector bond. PIMIX ER=1.09%(I know, it includes borrowings and repurchase agreements but still it's expenses) 2) Risk/reward looks good. I used MFO data for 3 years, Multi se…
  • https://finance.yahoo.com/news/irs-bitcoin-and-virtual-currency-tax-form-193503386.html I own zero "crypto " currency, do you ? Stay Safe, Derf I don't think it's a problem if you do it…
  • The good news, it forced Schwab and Fidelity to have zero commissions too, but we get good execution.
  • Old_Joe, You conveniently forget what came first and how it started. Israel was founded in 1948, who started the war and the next one? Who wants to kill all the Jews(and Christians too) and still say it? The Palestinians and the settlers is and wi…
  • ...And, as ever, in all of those Mideast/Gulf deals, the Palestinians have been forsaken, thrown under the bus. Their own leadership needs to get their shit together. But the Israeli occupation and continued settlement is an abomination, after all t…
  • Raq, you can't possibly say anything, even a bit, of criticism of any Dem agenda no matter what, even if you are one of them ;-) I love it. There is only one good doable solution NUCLEAR.
  • elected, 16, not reelected Correct, 4 years ago.
  • Arnott isn't the only one who was wrong for years 1) US stocks are over value, the rest of the world is undervalue. US stocks did better in the last 10 years. 2) The GMO team and Arnott have been wrong for 10 years. 3) Gundlach was way wrong whe…
  • Hi Lynn, great article. I have been using great risk reward funds since 2000 but in the last several years and especially since retirement I just sell to cash when I see extreme market conditions. It's the only sure way to protect my portfolio. Wh…
  • Does M* calculate fund metrics (for example risk and volatility measures or value and growth measures) themselves or is data provided by a third party? M* site shows you several risk metrics see (this) or the old site was easier where you can comp…
  • I use mainly the new M* chart and only use the old for links because I can do more with the new charts. The old charts don't work if you want to see more than one newer funds + older funds. Try to see PIMIX+MWFSX+EIXIX on the same chart. You can sta…
  • FD:"My calculation for peak to trough...VCFIX -19.7% from M* new charts found (here) from 2/25 (10000) to 3/25 (8027.67). Stockchart gives me -19.85% for VCFAX(link)" I used the performance chart system that Yogi sent out via email some time ago. …
  • My calculation for peak to trough...VCFIX -19.7% from M* new charts found (here) from 2/25 (10000) to 3/25 (8027.67). Stockchart gives me -19.85% for VCFAX(link) I agree with you that if you are looking for a securitized bond fund VCFIX is a good o…
  • dtconroe. I'm OK with VCFIX but the meltdown of over 18% was too much, even PIMIX was down less than that around 11%. I don't put a lot of faith in Schwab bond selections. I think Fidelity is better and free to all investors even if you are not a c…
  • wxman123, PIMIX is still a good fund but when I owned it I like the way it was. Since PIMIX is so huge the managers had to compromise and own more HY + EM + lower the distributions and still behind. PIMIX ranked at 78 in category in 2019 and 52 in …
  • 10 years is too long. PIMIX was great until 01/2018 but its AUM got much bigger than 5-6 years ago, the managers had to look outside their best ideas in securitized and now more HY and EM and the yield is now at 4%. For mostly special securitized a…
  • I agree that BASIX is pretty good, MNCPX looks better when you look at performance + SD. Schwab have 2 recommended Multi funds JMSIX,VCFIX and I think they are not as good the others on my list. TSIIX is clearly better as a generic fund. PTIAX i…
  • +2. Valuations, PE, PE10, inverted yield, the economy, deficit, "experts" predictions and even earnings do not have a high correlation to what stocks may do for months and sometimes years to come.
  • "PCI(CEF): 8.5%. YTD still at -10.1%" To be fair, though, this is, I think, just price. It additionally picked up probably 8.5-9% in dividends. Only price matters and the one you can trade with. NAV is a good way to assess other stuff. My numb…
  • Observations for one month as of 11/27/2020: November was a great month for stocks and bond and interest rates were up. There were so many good performance monthly funds it was difficult to select just several. Multi: Several did 2-3%. Uncontrai…
  • Unfortunately long term performance was off since 2010. The SP500 did better than the rest (SC=IWM, GLD, international=FSPSX, EM=EEM and REIT=VNQ) + had lower volatility and why I don't pay attention to historical returns and I'm never over diversif…
  • Maybe the following 1 and 3 years performance charts of SPY,AAPL,QQQ,BRK/A,JPM will convince you that Apple IS NOT another "blend—a blue chip stock ". If they don't I give up.
  • I wouldn't compare BRK.A to anything else. Nothing typical about it. Apple P/E = 35.6 (link) Apple earning are so huge and why it has so much cash and it's harder to show growth but it still shows it and why it's amazing. I don't think that apple is…
  • RE(real estate) is crazy right now but just like any other ones will get back to earth in 1 (maybe 2 years). Rates may go higher, RE prices already moved a lot, many people have saved more during 2020, the pandemic will be over and most things will…
  • MSF, a lot of spinning but Apple is a growth company compared to SPY. Apple has lower yield, higher PE, higher growth. Sure, compare to QQQ it's a value. Apple looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck …
  • "“This is a great example of how aggregate numbers can hide important facts,” Colas writes." Nope, we have seen it several times before. Stock short term moves (months and sometimes even years) don't have a high correlation to..............PE, PE1…
  • Both funds are in mostly securitized. IOFIX(link): concenrated mostly (over 78%) in legacy RMBS. JASVX(link): 2 of the managers came from Semper (SEMMX) but as you stated JASVX held pretty well while IOFIX+SEMMX lost a lot more in 03/2020. This f…
  • Warren has been selling his Apple stock lately and is Apple still a growth company? It's a growth company. Apple is number one at VUG (growth index)
  • Warren is smart because 1) He finally invested in a growth, "over valued" for his style high tech company, Apple, after he said for years he woudn't and now it is his biggest holding. 2) SPY/VOO is an easy, dirt cheap index
  • @FD1000 Which cash back credit card allows you pay property taxes with no fee? Fidelity 2% cash back. The fee is decided by the county/city not the credit card. This year was the first time I was able to pay the county by credit card with zero fee…
  • SPY beat CWS for 1 and 3 years + since inception with lower SD. ER needs to fluctuate between 0.3 to 0.5 and not 0.65% to 0.85%...and maybe they will have a chance. I have a better idea if I make the rules :-) Every fund must follow an index and it…
  • I don't see any reason to own BRK.A SPY beat it easily for 1-3-5-10 years and with lower voltility.
  • @FD1000. Control. Less bullshit. Please let me know where is the BS, be specific. ============ Fred495: That's all well and good, FD, but why do you keep bringing up PRWCX when it is closed to new investors First, I have posted about VLAIX seve…
  • Warning, while past performance of VLAIX looks good the fund invests in high-rated bonds while PRWCX is not and a lot more flexible. That worked well so far when rates were going down but rates are probably were at their lowest point. In the last 3…
  • Another win for Trump. Moderna vaccine is 94.5% effective. Trump Administration collaborates with Moderna to produce 100 million doses of COVID-19 investigational vaccine already in 08/2020 (link). Trump has so many wins in such a short time which…
  • Crash, I never dealt directly with any company. The question is why would anyone invest directly instead of a discount broker?
  • I don't pay attention to politics, predictions and "experts". The average Joe investor should stay with their LT portfolio according to their goals. I know, it's boring but...the hardest thing for most is to do nothing.
  • 2 points: 1) The average Joe investor needs to own just the SPY which is a blend index. This index will adjust according to the market anyway. No need to worry or make a decision what to do. 2) The big high tech companies are so dominated they hav…
  • MWTRX is a good fund but GIBLX has a better record for 1-3-5 years. Both are not funds I use since I'm mainly a bond investor in the last several years and their past performance (6% average for 3 years) will not happen in the future. I'm also not …