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As someone who invests mainly in bonds based on risk/reward + momentum, HY Muni is by far my largest asset for several weeks already. I don't argue with markets and trends I just follow them.
I use FR(floating rates) funds only for trades. FR are one of the best bond categories when rates are going up because of their very short duration. FR are a subcategory of HY and when market conditions are risky they lose money just like HY do.
L…
Another fake news from Fidelity.
Please use our management services at 0.5% to 1.5% and we will give you another 0.25% on your purchases.
No thanks:
After more than 20 years at Fidelity I transferred most of my money to Schwab.
We discussed Fidelit…
From memory because I have done it so many times.
VWINX(38/62) vs VWELX(65/35) no contest, over long term VWELX performance is about 10-15% better but SD(volatility) is about 50% higher and why VWINX is a better risk-adjust retuned fund.
PRWCX is…
I think Giroux is one of the best managers and why I post about PRWCX so much as a good allocation fund option (with VLAIX).
I actually bought GE as a trade because of Giroux in 2019 and made money but so far he is wrong.
A true story, in 2000 I ha…
It depends on how much money you start with.
One thing I'm sure about, it has nothing to do with higher stock dividends which is what many write obsessed about. If the biggest high tech companies with no/low div didn't convince you, then nothing w…
interesting article but I'm also looking for actions. Based on the info what an investor to do?
The % of SP500/QQQ revenues that are coming from abroad are 40/50% and why I only hold US LC for years now. If I want more risk/reward I would use QQ…
Just another recyclable article.
The following is especially really deep...
"Even Goldman Sachs, which is bullish on stocks in the long run, is warning clients to brace for a bumpy ride this summer. "
When the market loses 10+% the articles are do…
A very intriguing fund and seemingly well-allocated fund that I would consider adding to my portfolio -- though I have a hard time paying 1.07 a year for it when the performance (and some holdings) seems quite comparable to PRWCX, which I'm still q…
Prices were up in April because the fiscal and monetary support was huge and markets are looking ahead. We haven't seen anything like this in the last 50 years.
This is what I posted on 03-17-2020 11:38 PM (link)
7) For me and others who don’t m…
If I invest in HY it's only for trade. HY is a hybrid product that usually doesn't justify itself. Compare VWEHX(good HY) to VBIAX (60/40 indexes) (chart) and you will see VBIAX beat VWEHX for 1-3-5-10-15 years.
Most investors should not collect …
These articles hardly ever get the info you need/want. The most interesting are funds in the 3-6% yield where you find good risk/reward + yield.
Over the years I find myself using many times HY Munis + Multisector/NonTrad funds, especially securit…
I "love" when someone says averages. You can do better than the average and/or find better than average funds. It also depends on when you start and end the results.
Any time you start before a crash and end after a crash, "safer" higher-credit bo…
BUT, all this info will not be accurate true in the next 10 years since rates are so low now. As they say...past performance isn't a guarantee of future returns.
Yes, LT bond did better but also VWINX (2/3 bonds) did better but also SD=volatility was better too. (link)
But in the last 10 years TLT+EDV have similar performance to the SP500 too (link)
All my needs are met by the following
1) usually invested at 99+% mostly bond OEFs. In the last 10 years I was only 4-5 weeks at 99+% cash. Another 6-7 weeks at 30-40% cash.
2) Trading riskier assets several times annually for hours to days and ba…
It's so tempting to buy now IOFIX,VCFAX and especially EIXIX which I think is "safer" but I don't dare. These broken MBS might have a problem
[and later ...]
Corp bonds rated invested grade were down 13% from the top. Black swan is unknown ... Pi…
Baseball fan, all the things you said to watch for didn't work. Corp bonds rated invested grade were down 13% from the top. Black swan is unknown and if you invest based on that you will only own treasuries which are fine for some but not all invest…
All you need to do is read the previous posts and see the anger and lost of control, that was so easy to prove. I also think you should concentrate on investments, after all, this is not a political site.
@Bee, I'm talking about LTC that you must do.
BTW, we already visited many countries :-) Far East, Middle East, many in Europe, most places in North America 2-3 times (all over Canada + 48 states)
Out bucket list still has many more to see in Europ…
@FD1000 Thanks for providing a current reading based on the charts. I only loosely follow them but have also noticed that VIX has been in general trending down for over a month.
Yes, VIX at 33 is a good sign of down volatility from a crazy level o…
Looking at the charts.
QQQ signaled a buy based on the MACD at the end of March. QQQ passed the 200 days MA in the second week of April, then passed the 50 days MA, then test the 50 days MA again and now is up and running with a clear buy.
The SP…
My rule of thumb, you need to save at least 20 times your annual expenses, not including SS.
Example: if you need $50K annually then you should save a million dollars. If you are married and each has at least $1000-1500 SS then the withdrawal is a…
Dems opened so many investigations and promised Trump will be out, fired and...he gets stronger.
So, please keep it up, open more false investigations, more Lib media anger and lies and...watch the best reality show I have seen for years.
In the …
At Fidelity:
PTTAX has no fees but min is $1000.
PTTNA has a fee of $49.95 to purchase
PTTRX has one million min.
None is a good choice for most investors.
At Schwab
PTTAX has no fees but min is $100.
PTTNA not available
PTTRX has one million min…
Unfortunately, there is not going to be very high inflation. They have been saying it for years already. The economy is going to be very weak, mass layoff and high tech will continue to squeeze legacy companies and inefficiency.
"I can just buy Fidelity® Select Technology Portfolio (FSPTX) with ER=0.72%. And I don't need to wait 3 years to get ER=50%"
That's true. WIth FSPTX you'll need to wait forever to get an ER of 0.50%.
"Can you find another big discount broker tha…
Perhaps he has been reading the polls....
https://twitter.com/i/status/1253120597812555776
You mean Trump told what he really thinks and that's a problem?
I live in GA and Kemp is wrong. I'm definitely not going to my local gym.
So, instead of buying Fidelity Disruptive Technology Fund (FTEKX) with ER=1% I can just buy Fidelity® Select Technology Portfolio (FSPTX) with ER=0.72%
And I don't need to wait 3 years to get ER=50%.
Fidelity lost its way for several years now. P…
I gotta tell you, for the cheapest go-to, "shareholder first" fund company out there, Vanguard is sure the most bureaucratic fund company out there. Trying to do a simple XFER by mail is a complete nightmare.
And...speaking of transfer nightmares,…
Gasoline prices operate in a rigged system. When oil prices fall, it takes several weeks for the drop to work its way through the pipeline. But when oil prices rise, gasoline stations raise prices almost immediately, citing "rising costs".
"In …
The VIX was created by the Chicago Board Options Exchange (CBOE)
and now is at 47.65 at 11:45 PM
I follow the VIX + many other indexes/ETF during the day at Yahoo which is accurate too (VIX)
"...I can say that if you are not a buy and hold forever (Bogle style) then you are not an investor...."
I come here to learn. Reading many of the interchanges between others here and FD1000, it's clear that he/she has an unreasonable need to win …