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.
Fellas, fellas...the original point was how wacked out the market is due to many reasons, some of which are crazy monetary and fiscal policy...which helped to enable cray cray funds like ARKK and many of those who do not have pensions have to "inves…
Tip of the iceberg perhaps? How many zombie companies are there out there that are publically traded? Maybe 15-20% of companies? Can't service their debt? At what rates will they have to refinance? Peloton, Carvana, etc. I'd be looking for ano…
Interesting thread/topic....
So what do folks think...annuitize a portion of your nest egg to act as a "defacto" pension for those without one? If so, what type of annuity...inflation protected, length, simple etc?
Isn't Pfau connected with some …
Couple things to ponder re "stocks for the long run"...
article in Marketwatch, Statman, June 2017...
Nobel Prize-winning economist Paul Samuelson argued that the advocacy of time-diversification is built on framing errors that mislead investors i…
@Hank -
I don't believe HSGFX is a bear fund, but does attempt to adjust market exposure due to the market via examining certain metrics, valuations etc. He has been wrongly positioned during the past years primarily because his models didn't acc…
Guys...what happens if we have a dead decade ahead of us in the markets (Reference Druckenmiller's recent commentary)...who says the CBs/Fed will come to the rescue again with the brrrrrr money printer...I really don't think that is going to happen.…
@MikeM - RE TBill vs CDs...keep in mind that Treasuries are EXEMPT from state and local taxes (but not federal taxes), CDs you pay state and local depending what state you are domiciled in.
@johnN - I wouldn't touch JNK bonds here with your ten foo…
@LewisBraham,
Geez man chill...I can see I need to more clearly articulate my viewpoint...
For the record, I have no issue with and 100% support Food Stamps or helping out the less fortunate or those who caught a bad break...all in on that. No wh…
@johnN,
Curious...do you think the technicals would indicate something like $95B coming off the CBs balance sheets and the impact on stonks, rate hikes and the impact of policy errors contributing to inflation continuning on and on....why do many t…
@LewisBraham, on point comment and without getting into a political debate...would you agree that policy could also drive inflation regardless of interest rates...i.e, increasing SNAP food program by 25% last October, the inflationary, inflation red…
@Hank, so this is an extreme example of the absolute kookiness that has taken place over the past few years with the fed's balance sheet expanding by 10x over the past dozen or so years. Social media, media assisted in driving the sheeple to lose t…
Ya...for certain, the resuls are darn tasty with PRWCX....and...what have the central banks done with their balance sheets since The Giroux has managed PRWCX....sometin' like from $7Trillion to what ~$36Trillion.
F me to tears.
So, sure he has don…
@hank
I dunno Mr Hank...I am not an expert for sure but for certain I am not sanguine on bonds
I anticpated the following possiblities, scenarios and potentially negative for bond holders
* China, Japan continue to unload US Treasuries
*QT
*In rea…
Hard pass, no thanks, not for me.
Used to invest a fraction of my portfolio, never had good results.
Looking at some of the holdings....Sichuan Swellfun Co LTD, MatsukiyoCocokara & Co, Sumber Alfaria Trijaya Tbk PT...Huh? Quick, name what the…
Good Afternoon,
I'll just stay away from the political perspectives on this thread (I doubt you are going to sway me and I doubt I'm going to sway you)...but will say this.
Wouldn't the better way to do this be to in addition to Soc Sec be to impl…
Don't you have the option to take your monies elsewhere after the 5 year term? And couldn't the APY go up if interest rates go up 5 years from now?
YBB - so after you are 59.5 no penalty, to moving your monies after term expires correct?
Genera…
Team,
Might be off topic but more adjacent to convo....
Please talk to me and share opinions, experience with...Immediate Fixed Rate Annuities.
Looking on bluprintincome.com...
5 year, term, balance percent withdrawls allowed, Brighthouse, A rat…
Thx for the explanations, appreciate it.
@Derf, ya it does seem wonky but...opened 5 year $90k Goldman Sachs, CD thru Schwab 1/19 @ 3.50% APY, matures 1/23, value stated a few days ago as $90,491...opened others thru Schwab during 11/19 @ 3.55%... …
Good afternoon All,
Serious question here as I feel I should but do not know the answer.
CDs.
When I buy them thru a bank, let's say for example sake, $100k, 3% APY, I see $103000 a year later in my account.
How does that work for CDs that you b…
Guys. Please. Really appreciate and respect the input but isn't this saying something similar that if a NFC team wins the Superbowl the market will go up...human brain just looking for patterns.
What happened in the past is nothing like how many tr…
"Controlled demolition"
All those investing genious types who scoffed at grantham etc warnings are kinda quiet now, no?
Shit's getting real, no?
Best
Baseball Fan
@crash. Hmm, I look at pvcmx as a waiting game and a play on the future. Fund managers have proven in the past they know where to find value after a schmeissing in the markets. No guarantees but I like them in this environment. Up 2 better then dow…
Interesting positioning @ AndyJ
Real question and Andy addressed it how are you gonna play it going forward?
Inflation ain't going away. Too much deglobalization and greenies decarbonization plus incompetent White House and fed
Still like 3 mont…
Good Morning Class,
Just wondering...and to be clear I have no position in HSGFX Hussy, and returns over the past 10+ years have been turrible as Chuck Broccoli, I mean Barkley would say....last 3 years have been ok.
Pondering: I believe we are …
@fred495, yes hear you loud and clear...still a bit unease with the PQTIX etc...so many derivatives, futures, swap agreements, forward currency contracts....glass box? Black box?
Sheeet hits the fan, does it all go "Poof" or are you bigly wealthier…
So...anyone else notice that Fan Favorite, Hussy, HSGFX has now ahead of Fan Favorite Woody ARKK, over the past 3 years...?
Anyone else notice that Hussy is ahead of Fan Favorite Groovy, PRWCX for the past 2.5 years?
I know, I know, hasn't been gr…
"The real McCoy"
..how many folks in the market today have never experienced a down draft schmeissing ala 08/09' and 2001 and in 1987?
Something tells me they are about to get the "Full Monty" experience bigly....
Good Luck to All and remember, h…
Hmm. Makes you wonder how soon we won't be seeing all those goofy "Great Resignation" on line articles...getting really concernced layoffs will be starting enmasse if they haven't already.
@sfnative...I used to spend a lot of time in the Valley for business in the mid to late 90's...folks, meaning grown ups, were making things, real things, semiconductors, biotech, med device/tech etc, not fooling around like children designing a real…
@Charles Lynn Bolin...enjoyed the recent commentary...resonated with me.
Charles, how do you feel about putting monies into funds that have a somewhat "black box" dynamic to them...yes, they explain their positions but sometimes I wonder, how safe …
@Old Joe,
Ha! Remember back in the day....best signal to sell all your stock in a company was when on the quarterly love fest they said they had "a soft quarter due to the weather"...SELL...now it's "China"....SELL
Not a recommendation, just a ch…
We all saw this BS back in the late 90's...history doesn't repeat but it sure rhymes. All fun and games until someone gets hurt / loses their arse in the casino.
Talk to pilots who fly for the large package delivery services....they KNOW that a …
Hmm. @Crash, re PRFRX TRP Floating Rate fund....
Zappin/Penn Mutual
Takeaway from recent commentary
"The yield curve is flashing yellow as the market debates whether a slowdown in growth will become more pronounced. While underlying credit quali…
Africa? Middle East?
Why? Can you guys/gals even pick those places out on a map? You want to fund some of those companies in countries that violate human rights and freedoms...corruption, arbitrary arrest, disappearances, local dynamics, polit…
