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.
Yes, price, by itself, doesn't tell you the value of an investment if distributions are being reinvested (not to mention if the distributions are spent). Nor do distributions, by themselves, indicate the value of an investment. Only the total retu…
I'm happy to share, but my allocation varies; as does its composition; so I'm not sure what benefit anyone could derive from that?
At the moment, there is a very narrow focus within US LC, and I'm effectively near my 'normal' allocation levels:
st…
It seems as if that only works if the income for the special distribution was not accounted for in the TR prior to their distribution. I can't think of how that could happen over the course of a full year? If it were being accumulated, wouldn't th…
You guys are reviving a lot of memories. I didn't have the same military-related background as some, but my fields of study were in chemistry and physics during the late 60s; so I grew up during the computer revolution. My first computer was the v…
Just a quick comment: If you were fortunate enough to have been on the ThinkorSwim platform originally, Schwab will honor the $15 trading fee TOS was charging. Presumably this is not new news to anyone who qualifies.
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 …
"Senior bank examiners texted female employees photos of their penises."
Yikes!
Presumably no problem with the photos being too large for the texted message to handle? ;-)
@racqueteer : "playing the odds" Sell in May & go away ?
Definitely not. First of all, I'm not sure this axiom is even valid. Secondly, algorithms are often based around market axioms. This has to be a situational decision. We've had all …
Difficult to stay patient sitting on an unfilled Limit Buy Order when Mr. Market is rising and rising..... But it cannot go on forever upward in a straight line. Behavioral Economics. Beware of FOMO.
All true enough, @Crash, but when things come dow…
It always comes down to the same thing: If you're going to be passive, but you don't want to just hold an index, then you need to trust your manager to male the right moves.
If you're going to be active and perhaps second-guess your manager, then…
What would happen if stock trading was available around the clock
Some "investors" would get very little sleep! ;-)
First thing that came to my mind as well!
A lot of that difference happened early on. If you change the starting data to 2018 or thereabouts, it's a toss-up, but I don't see a clear advantage for one over the other. The type of bond holdings are more likely to be an issue than the governa…
@Crash, I'm sorry for your difficulties, but I have to say that you seem to be the unluckiest person alive with all the difficulties you've had. I originally was with Thinkorswim; then to TDA; finally on to Schwab. All the transitions were smooth …
It's probably worth mentioning; poking fun at an individual and his (or her) actions is not the same as espousing any particular political stance. A person's purported politics should neither be cause for, nor constitute a pass for criticism of his…
Can we at least interest you in a $60 Bible?
I'm waiting for the "previously-breathed air" canisters. The symbolism of creating something up out of thin air and then selling it appeals to my sense of the absurd.
AndyJ has the right of it. I have always been a strong proponent of balanced funds, but they needed to be curtailed for exactly the reasons listed. Hard and fast 'rules' for investing are not an optimal approach for everyone.
It seems to me that turnover should be expected if a fund is actively managed. I think the question is: Do I want a passive fund or not? If not, is this fund a good candidate?
I tend to be active, but do hold some funds long term. For the ones I…
On the surface, it looks bullish for equity, but I wonder if a lot of that money is there in lieu of 'safe' bonds? We may get a run there or in moderate funds instead?
6.4% YTD. Was 50% equity for most of January; currently about 70% equity. Trying to strike while the iron is hot. 76, retired, expenses covered, investing for heirs.
Politics is simply depressing. The extremists are in control of both parties, and we can't get a decent candidate to vote for from either. Again this year, it looks as if I'm going to have to hold my nose and vote against one.
Anyone who thinks …
I know what factorials are in mathematics generally (physics major here); is it different for accounting? Meanwhile, us oldsters didn't need no calculators; we had sliderules!
For myself, and because I have a lot of assets in USFR as a 'safe bonds' component, I've replaced a lot of my PRWCX with its higher-octane sister TCAF. So, my core now consists of FBALX, PRWCX, and TCAF. I've fleshed out the remainder with SMH and…
But I am getting tired of people complaining about 6-7% mortgage rates. My first mortgage, in 1975, was 8.5%.
Heh, I remember being at 12%. Of course, the house did only cost $32,000!!
@Old_Joe, isn't that supposed to be "trekker"? Seems to me I heard that some time back. I recall everyone showing up at the college dorm tv on Friday night (I think) to watch the show before going out for the night. The only thing rivaling it was…
Depending on whether or not you have a state tax to also consider, USFR may not be a terrible choice. For myself, with the fund having minimal state tax implications, I'm able to avoid state taxes entirely. That said, it has operated like a high-y…
My fraternity is Mutants For Nukes. The logo is a Happy Face with one ear. Often, I'll put that somewhere on the check. Makes it distinct.
One of the founders must have been a reader of MAD MAGAZINE back in the day. That logo would have fit right …
I guess it would more accurate to say that the fund has avoided financials at least recently. Whether or not that was a temporary decision, I can't say with any conviction. My point was simply that this choice was a tailwind that one cannot count …
Someone pointed out to me that CALF, while certainly interesting, also was consciously avoiding financials. Depending on your view of that sector, that could be a factor to consider, @MikeW. That would have been a tailwind that might not be presen…
Mentioned earlier, AVUV seems to have a slightly better chart than DSMC, but Ben was concerned about the number of positions. I went with the former; for whatever that is worth.
I'm pretty sure that the eventual AI 'advisors' we'll soon be seeing will have neat little personalized nicknames; is that any more reassuring to you? ;-)
Well. ... DoorDash, eh? Even after the pandemic is behind us, people still insist on paying usurious fees to get victuals delivered. Are we just dumb, or lazy?
Yes.
Unfortunately (or maybe fortunately) you can have covid and not know it! I had to postpone a surgery after taking the routine admittance test and never developed any symptoms whatsoever. Not complaining, but talk about weird!
