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.
All you have to do is read posts about trading, and the majority of them are in ETF/CEF/Stocks.
If someone trades very liquid ETFs such as SPY,QQQ the buy-sell difference is very small, and getting out in melting markets is easy. The less liquid, is…
Ok Raq, I already said that I forgot the word MOST in the post.
With that in mind, you are correct 100% about this minor issue.
So, adding the word MOST makes my statement 100% right
Now, if you want to make posts with real significant, such as whe…
Subramanian doesn't make sense.
If 1+2 above are correct then Subramanian models and predictions are useless too.
Quote "we recently reached, she reports, a 5,000 year low in interest rates" is false of course.
See (link1) (link2) and look at 5 yea…
I read what I said, and I found that if I added "MOST Investors who own ETFs trade" it would be better.
So, instead of being only 90% correct, I could have been 100%. I'll take that.
You start to remind me Bill Clinton...what is is?
Now, let's a…
So what you're saying mirrors my own statement. You can find people for which each approach could be 'correct' or 'incorrect'. Your original post said nothing about "the average Joe". For someone who trades, the fund is probably the inferior prod…
hank
Thanks FD. I’m trying to go up the ladder in credit quality for portfolio purposes. Also unsure of how big a distribution I’ll be taking or exactly when. Would prefer not to buy into a (OEF) mutual fund at this time.
Since we are discussing Mul…
Instead of PIMIX or PYLD(both are similar), look at RCTIX.
One year chart(https://schrts.co/JRNGpRmT)
3 year chart(https://schrts.co/RfSCENuJ)
The above is not a recommendation or a guarantee; do your own due diligence.
I sold PIMIX in 01/2018 aft…
Observant1+JD
My post wasn't an answer to you, but if you find anything wrong, I love to hear your "pearl of wisdom".
As usual, I analyze funds, no comments about posters.
BB "Concentrated funds are OK as long as the managers are not averse to portfolio turnover."
Low/high turnover and/or Concentrated/non-Concentrated funds don't guarantee better performance or better risk-adjusted performance.
Concentrated portfoli…
@FD1000 Are you bragging or complaining? You're not tired OR proud, are you? LOL.
Neither. It wasn't the first time I posted at crucial times. See (link). One of them was on this site.
"Like others here, I own a slice of GLFOX which invests in infrastructure and, for whatever reason, stays mainly in Europe. It has returned a big zero this year. Not a concern to me. I can be content with some holdings rising and some falling. If ev…
Suppose you have 1 million in Fidelity SP500 (FXAIX) and you want $4K monthly. You can create a sell monthly trade on a specific date to run for years to do it...and you are done.
Only if you have the stomach for it. If you had $1M on Jan 1, 2022,…
It's a very old argument that higher distributions are better than lower ones (or none)...and it's a bogus one.
Until the 70s blue chip big companies paid div to prove they are healthier. Then the technology revolution took off and these new compani…
Crash, technology isn't perfect, but the old ways isn't either. Technology has presented us with a lot more choices. Choices = a lot more development and interactions between systems.
I used to pay $1.5 per minute calling abroad, I have used WhatsA…
I never paid attention to MM before 2022 and after that because I'm invested at 99+%, but I was in MM from 01/2022 to the beginning of 11/2022.
To get the best Schwab MM you need one million. I bought all/most of the options(SNAXX,SUTXX,SCOXX) in ou…
I'm a bit confused by all the complaints.
1) I never used debit cards, a few showed up many years ago and I just cut them up immediately. CC have better protection = end of story.
2) I got/replaced/opened several CC, including this week, none is mad…
FD,
When you say "99+% in the market", what does this mean?
Are you referring to equity markets, fixed-income markets, or other markets?
Just curious...
Thanks!
Easy answer.
First you tell me your breakdown of stocks, bonds, cash.
Second, let me kn…
I don't get the wrong answer because a live person knows the answer or not, and if they don't they ask or transfer me to someone who knows...and the time is much shorter too.
I usually get to a rep within 1-2 minutes.
And if you know how to work the…
Even with quarterly dividends compounding, Wellington gets trounced by Giroux's fund. So do most, if not all other 60/40 allocation funds.
https://www.dpfaber.com/PRWCX-VWENX-chart.jpg
I don't think the above chart is correct. M* shows for 5 years …
Schwab: I've been a customer for over 20 years. I can talk to a rep and explain exactly what I want and get an answer very quickly. Using a chat is much longer and annoying.
Using email it's longer too, it depends on who I use. My local rep is excel…
Chat conversations are very much with a human and the service that I've gotten from them has been just fine, thank you. You talk about people as if they were your personal servants. I'd surely pity anyone unfortunate enough to have to work for someo…
I don't use chat functions if I can, and I don't complain about them.
If you want to get a service, talk with a human. Take their names and phone numbers, it makes them more reliable.
Most investors should keep it simple. The SP500 has proven that over long time, think 20-30 years it beats most stock funds because it represents 2 simple ideas
1) American capitalism.
2) The index is a cap weighted index
Bogle built Vanguard on …
I have only two options, 99+% MM or 99+% in the market. Then I look when to sell.
Since 11/2022, it keeps saying 99+% invested. Right now it's not even close to a SELL signal.
All I'm going to say is that Schwab reps have been waiving my I share fees for over 7 years. I'm not going to tell you how. It's not a policy you will find anywhere, just as they will match other brokers offers for cash rewards when you transfer mon…
For me.
1. MM is a small problem. I sell a fund and buy a MM and Schwab pays more.
2. Schwab pays the monthly distribution on the same day while Fidelity is late by 1-2 days.
3. Schwab online is more intuitive.
4. Here come the biggest advantage for…
The question is why would I use MM ETF at my discount broker?
Will it pay higher rates and how much more?
Will it be safer? Is the protection better than the big discount broker boys such as VG,Fido,Schwab?
Some forget that "Roughly 40% of S&P 500 revenues are generated outside of the U.S., and about 58% of Information Technology company sales were sourced from abroad".
See (www.globalxetfs.com/sector-views-sp-500-sensitivity-to-global-factors/).
…
The trailing fifteen year period starts on 06/01/2009.
You are correct, it was late at night and I made a mistake.
See, I said it.
Since 6.1.2009 the numbers are better.https://schrts.co/KtzXAsQw
”Let's ask the obvious easy question: if you held just the SP500 for your stock portion (based on Bogle+Buffet) have you done well YTD + in the last 3-5-10-15 years?”
The S&P 500 lost approximately 56.8% of its value between October 2007 and Ma…
Based on (https://stockcharts.com/freecharts/sectorsummary.html) ...
Everything was up, but technology lagged, the less you own tech, the better your portfolio made for one day.
Rates were down = most bond funds made money.
Let's ask the obvious e…
@FD1000 - I found it a thoroughly enjoyable one hour discussion. I didn’t watch expecting to hear any predictions. There weren’t many predictions - of the investment type anyways. But while we’re on the subject I’ll note that making forward looking…
Rosenberg is a known bear...and bears are usually wrong.
01/2019 (https://finance.yahoo.com/news/wall-street-bear-david-rosenberg-125800678.html) "growth will turn negative in 2019 as the stock market flounders". SPY made over 31%
01/2024 (https://…
"Above all seek @Junkster guidance at that time."
Incredibly good advice.
I love to see Junkster's opinion but I don't remember him making opinions on stock funds.
@shipwreckedandalone, the article had several good points.
Quote: "By highlighting the “full market cycle” as the right period for judgment, they’re reminding investors that over shorter spans within the cycle they’ll look,"
FD: is now the start of…
@FD1000,
1) I questioned information you provided and raised concerns about accuracy, relevance, and endless repetition.
After all, isn't this a site to discuss investing information?
I did not attack you personally.
2) I do have two different use…
