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.
VWIGX has been an absolute home run. Blew through the pandemic so far. It helps that it has large holdings in Tesla and Amazon. But has performed great since it's inception since 1981.
Howdy folks,
@starchild . Indeed, there has been a great buying opportunity since the market crashed. duh, I thought that was the way it worked. When stocks go down you buy and when they go up you sell.
The problem has been and still is - jus…
Howdy folks,
This past Friday I started to 'slowly' move money overseas. Major accounts are at TRP and I moved from Treasuries cash to PRELX. It seemed to be the most non-US cash type account available there. If anyone has a better suggestion, I…
So good news comes and democrats and stockholders still complain. smh. Be happy for what you have. There's people in wheel chairs with no hope. We're on a mutual fund board for God sake. Obviously, most of us are well off. Others don't have a pot to…
In fairness to anyone invested in IOFIX, no one could ever predict a bond fund losing 40%, and a nontransparent, at least from what I read, fact sheet, to boot. It's a fuck me situation.
Every post you make FD is all about you. "I saw this. I did that. Every one else is dumb for missing it." The point is the likelihood of anyone 'investing" in this fund, not trading, would not have seen a 40% drop in 2 days on the horizon.
Yes, to…
I find it fascinating that some people refuse to consider vaccines because they are made by "big pharma" but probably do at least one of the following: buy groceries sold by "big agg" eat steak from "big beef" fly on airplanes run by "big airlines" …
@Starchild,
You did not answer the questions. But I will: For sure. And gladly.
Also, you're telling me not to get obnoxious when you doubt you'll get vaccinated? Go look up 'noxious'. You will be, literally, harmful.
Let's diplomatically let th…
@Starchild,
do you mask?
you do know that vaccination is also for protection of all us others here, right?
maybe you don't realize that, actually.
I guess you must not know people who must live or move in close numbers either.
https://newre…
I don't think most people comprehend what we are up against.
1) How bad Covid can get. All these statements about "it only affects old people" ignore the fact that for example, here in CT the urban and suburban hospitals have been decimated. Not…
@davidrmoran Since I have limited tax deferred space, I hold my PONAX in a taxable. Despite holding it for many years, I am showing a loss due to taxable distributions and recent price declines.
I'm also going to get out (or mostly out) if/when PO…
I am also looking at what to prune and what to add. Two global growth funds, MGGPX and BGAFX, have held up amazingly well. I own the former, but consider the latter to be its equal. As of last night neither fund had lost more than 15% YTD, with the …
Howdy folks,
PRESSemUp is spot on. Did you see the briefing. Now I'm scared. No rational investor can feel reassured. And as Mark pointed out, the Fed headed home to their bunkers - they have nothing left.
Look out below. I am more fear…
Started a new position in TRBCX over the week and added a little to MGGPX. Also did some tax-loss harvesting. Goin slow. Based on what I've seen in the stores around here this week, I'm sure more panic is to come.
That was interesting reading. The part about sellers raising cash by selling treasuries and thereby causing yields to increase mirrors an explanation in another article I read earlier today.
Does that mean the pounce is coming??
I had OAKIX in an IRA and after a good 15-20 years got tired of its performance and swapped it for more VTSAX and never looked back (it wasn't a large amount). I've posted before that upon recs here and other research, I've channeled my int'l holdin…
At least a partial answer to the question I posed to @Mark has occurred to me. It makes sense that seniors who have invested in stocks primarily for the dividends they offer (and have not seriously considered their volatility) may cash out when the…
Howdy folks,
I don't think we're anywhere near the bottom. Sorry, but we're in the middle of a trade war, facing a pandemic, and we've got an idiot in the White House. We all hoped and prayed there wouldn't be some sort of international crisis .…
I'll add to my growth fund, GFAFX, next month. I typically buy at the beginning of the month, rain or shine. I'm young enough to shake through this. I did consult my doctor about the virus who stated it's not really different than the flu, more of a…
This "don't talk about politics" refrain which usually comes from people who don't like the persuasion of the politics being discussed reminds me of an old joke in which two prudish ladies buttonhole Noah Webster and say, "Mr. Webster, why did you p…
Howdy folks,
You can quibble about the precise figures but the nut is that the distribution of wealth is the worst it's ever been in this country and getting worse. The middle class has been largely exterminated and the two historical pathways to …
This group, esp Ted, helped me with this category. In my mind, there's too much junk out there to round up in a world index. No thanks. The global fund that's been rock solid for me, and certainly not a value fund, is MGGPX. That guy is keen on weed…
@Old_Skeet: Thank heavens! I thought I was the only nut who checked Asian markets early in the AM (despite thinking of myself as a long-term investor). Our dog sometimes wakes me way too early in my case.
@old_skeet should tally up all the fees he's…
Hi @Starchild,
Thanks for your comment and question that you directed my way. Many of my American Fund holdings came to me via gift and inheritance with some of the funds dating back a couple of generations thus being in family hands all the way…
Nice thread ... Let's keep it going by making comment.
For me, now retired, I have been investing in fixed income more so than on the equity side of my portfolio as I am in the distribution phase of investing. Two fixed income funds that I recenet…
I use a small-cap index, VSMAX, by far my worst performer over the last couple years. I'm close to consolidating it with VTSAX already. But of course, small-caps will have the mega bounce once I do.
Could Trump be playing the market?
There's a lot of dismal news for him to counteract.
If he makes some promising-sounding comments, we'll be up and then on to the next 60 seconds of the news cycle.
David
Always been in the back of my mind. He cert…
How about support your local library? NYT, WSJ, etc. all free to read. You think newspapers are hurting. If you have access to Proquest (basically if you're a student or work for a college), WSJ is available for free (or the college pays) and is str…