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.
Waiting for the period when Value beats Growth is akin to waiting for the next correction or bear market.
Think Peter Lynch.
NOTE: Don't be fooled by the performance of some LCV funds this year. Under the hoods of many of them that have perfor…
@Derf
Can you summarize the Schwab offer brackets? I’d be interested to see if my Schwab rep would match even though I didn’t get the email. Thx.
https://www.schwab.com/investor_reward
Here's how Schwab Investor Reward Plus works.
Make a qualifyin…
Sold shares of two VG index funds yesterday and today to bring Market Portfolio stock allocation down to low end of range. Parking latest proceeds in VMRXX paying 5.29%. Swung for the fences in 1st half of 2024 and did better than projected. Simpl…
@BaluBalu
NEAGX was an Explore fund for us that never made it over to the Core side. It is loaded with volatile SC technology and we were looking for a simple way to reduce overall Market Portfolio tech exposure and volatility. So yeah, pretty much…
@BaluBalu
I provided as much detail as I ever have/intend to provide online about our portfolio at this thread:
https://www.mutualfundobserver.com/discuss/discussion/comment/177280/#Comment_177280
Here's an update to our Market Portfolio (MP) after…
Further reduced stock exposure today by about another 10%, while slightly reducing Tech and MAG7 allocations. Reduced FSELX allocation by about 1/3. SOLD entire position in NEAGX. Parking all proceeds in FZDXX for the time being. Now down to 11 OE…
There are so many great domestic LCG funds. EGFIX is not one of them. It has earned its M* 2* rating. Its 1% ER alone, especially for an Inst share class, is enough to Just Say No to it.
Take a look at any/all of FCNTX, FDSVX, AMAGX, PRWAX. I'd…
Reduced stock exposure by ~10% and bonds by ~half via sales this week of our two allocation funds. Some proceeds were moved over to CD ladder while the rest were parked in FZDXX for future re-deployment. Just booking some profits and trying to avoi…
@stillers. Perhaps another universe is oddly phrased, but my financial life would be entirely different if I had a pension check roll in every month. Many decisions would be looked at differently.
Oh, now I get it!
And agreed, our collective …
Nice chart in this article:
https://www.cnn.com/2023/09/07/success/pensions-retirement-savings-explained/index.html
https://www.investopedia.com/articles/retirement/06/demiseofdbplan.asp#:~:text=Key Takeaways,to manage than pension plans.
https://…
@stillers,
While I am not directly invested in the AI theme, I would appreciate you telling us when you think it may be time to get off the semi-conductor or Nvidia trade train (or when you sell). I know from your posts that you are directly inves…
Thanks for posting. I have always thought that retired folks with pensions lived in another universe compared to the rest of us. I wonder if most pension recipients pay much attention to what is going on behind the scenes at their fund?
Me and the…
In think what @baseball_fan is asking is if there is a potential fraud involved in Nvidia's revenue recognition? I would venture to guess there is probably some creativity involved (let us say, no more than 5% of the revenue) but within the bounds …
We have been retired 12 years with the anniversary date in June. We use what I refer to as 5-yr, Model Retirement Portfolios (MRP). We are thusly two years into our 3rd, 5-yr Model. Each has been significantly different in composition.
The FED …
FWIW, I tried earlier this year on this forum to stir others to participate in Semis and the MAG7, but with little success.
Might be worth mentioning that many of us can read the tea leaves, but just don't chime in about it. Semis have been really…
And the answer is , ""He who tooteth not his own horn, the same shall not be tooted." Fancy talk, sure, but he's trying to tell us that, if we don't acknowledge our own accomplishments, then no one else will, either."
Thanks man. Got it!
Kinda lik…
All I thought I did in the post you quoted was attempt to respond to the OP about our market participation level and briefly specify how. That ain't bragging in my books but YMMV.
@stillers, you may not realize it, but you do pretty much brag in ev…
To clarify, I fully agree that CP CD rates are compelling in relation to other FI options. I've Just Said No to bonds for the foreeseable future thanks to CP CD rates being well over my threshold to ditch bonds.
Carving into the respective CP CD ra…
FWIW, I tried earlier this year on this forum to stir others to participate in Semis and the MAG7, but with little success. Much better success elsewhere as many on another forum jumped on board the FSELX train early this year.
"He who tooteth …
IMO, the most compelling CP CD rates are at 5 years. This is a moment in time that will pass far quicker than many here think. Not sure what is compelling about 1-12 mo rates when Prime MMkt funds are paying just about the same and provide full fl…
Scoring at home, a distant 2nd best day of the year today to Feb 22 when NASDAQ blew its top so to speak. But getting excited/enraged about any one day performance is generally not a good use of an investor's time.
And yeah, we're participating. …
Or, if I took the time to learn how to post a meme, there might be a pic of a dead cat bouncing on the pavement below this :)
Why, if you could, would you post a meme of a dead cat bouncing in relation to today's market action?
https://www.investo…
Hey, Mike. I think we've chatted about this but just in case not...
~10% of our stock exposure is in Foreign which is our standard allocation.
Most of it comes via GSIHX, then secondarily via PRGSX, both NTF at Fido.
We were unaware of GSIHX …
Sorry for the delay in getting back to the OP questions about my comments - a LOT going on in our lives right now.
Briefly, suffice it to say that my opinion is that Commodities (generally) are NOT a LT hold, but instead a sector play that requires…
Both OP funds are worthy Conservative Allocation funds but vastly different. We have owned both for long periods of time since 1980 but own neither now, and have likely parted ways with both permanently.
If choosing between the two, we would cho…
Commodities is THE ONE sector that stands high atop my investment No Fly Zone.
I've tried to gainfully invest directly in the sector a coupla times since 1980. I have NEVER outperformed the S&P with any commodities investment and I have usua…
"We had previously owned OAKMX for several years. Very good fund - not sure why we ever parted with it."
Possibly it had something to do with the WaMu debacle.
Cha-ching!
I own only one - PRWAX. Does anyone here own OAKMX?
Yes, we currently own OAKMX, having exchanged VWNDX for it earlier this year. We had previously owned OAKMX for several years. Very good fund - not sure why we ever parted with it.
We also lik…
Let's not kid, or let anyone else, kid us.
If you "held onto" PIMIX for the last 5 years, you got yourself an average annual TR of of 3.07%, and for 10 years, 4.27%.
Again, in an attempt to beat a dead horse, our 5-yr CP CD ladder was paying ~4…
BOT more shares of GOOGL while down slightly in pre-market trading to bring position to intended level. Avg share price just under $138 (a wee bit lower than the $140+ on our first BUY/SELL). Will either be another ST trade. if we get a bounce, or …
@Tarwheel concisely and accurately stated "Nobody knows where longer term rates are headed, despite all of the punditry." I would add that it's also regularly called a fool's game.
True story: Years ago and for a coupla years, I was diligently (s…
None.
All we ever reasonably expected as LT TRs from dedicated bond funds was 4%-5%. So when CP CD rates matched, then exceeded that threshold, all of our dedicated bonds funds were replaced with a 5-yr, CP CD ladder paying over 5% APY. The only …
@MikeM - You seem to be missing the point about CDs. I don’t recall anyone advocating investing all of your money in CDs, or even a substantial portion. The great thing about CDs right now are the relatively high yields with predictable, stable retu…
FWIW, not that it's a valid comparison, but since such a comparison was mentioned, our CD ladder with its just below 4% APY, outperformed GQGPX with its 3.4% average annual return over the past 3-yr period. It currently has a 5+% APY, but it is not …
Lemme just leave it at this: I regard EM investing as an example of a term I am not fond of, try not to use, but believe applies here: Diworsification.
It doesn't fit the definition exactly, in that the investor is not adding similarly correlate…
Here is the data from MarketWatch which is more current than Fido. No changes to YTD data. And the data per MW ties to M* - both are as of 03/01/24.
YTD_1_3_5_10
FXAIX_7.97_32.11_11.32_14.78_12.77
GSIHX_11.85_33.70_9.24_13.00_N/A
NEAGX_15.64_43.34…
Thank you!
Hmmm...M* data is more current than Fido's at 01/31/24? I guess pigs are flying today, too!
Note that the TRs I posted will all be different (and higher) in my comparisons as all the Fido data I previously posted was as of 01/31/24. My…
