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.
CBRDX - CrossingBridge Responsible Credit Instl. Vary strange name. Are all the other CB funds Irresponsible Credit?!
Any way, Thanks for sharing @WABAC. 60% dry powder? Good for you.
Not quite that much dry powder. Around 11% in the mm. If you…
In the IRA: Redistributed some of the cash I have been sitting on to get me up to 50% bonds. To that end I went for actively managed etf's that had positive returns in 2022. So I now have equal-sized positions in VRIG, PULS, and JAAA.
I did look h…
@stayCalm. Thanks for your thoughts.
Those data centers aren't going to run on petroleum products pumped out of the ground. If Trump wants to drill baby drill, he's pushing string. We're already the largest oil producer in the world; gas is cheap, …
Drill baby drill will definitely be a theme for the incoming administration. Any suggestions on how best to capitalize on that?
Fill up the tank and go for a drive?
Gas is under 3 bucks for the first time since we moved to the Phoenix metro eight y…
I am somewhat reminded of my grandfather, who was a real bills man, among other things. His ideas on commercial lending predated the invention of the term real bills.
Hi @BenWP. A marker for me is a little bit I put down in the taxable to remind me to put down a little more when the price is right.
I still hold GRID and FIW in the IRA, and will probably hold on as long as possible. I have always regretted that I…
In the IRA: Flipped FDVV for DGRW. I think I have enough Fidelity stock-picking mojo between FMILX and FDSVX. DGRW has under-performed recently but is roughly equal over the last 3 and 5 year periods with lower volatility.
Flipped XMHQ for BIAVX. …
I think many industry stock price bumps must undergo some unwind soon because everything, except HC and utilities, went up and everything can not possibly benefit from Trump 2.0
Santa Claus is coming to town. And it seems like Mr. Market thinks Tru…
@BaluBalu, the current bond fund lineup lineup in the IRA is MANHX, CBLDX, VRIG, PULS, USFR plus whatever is going with FBALX and PRWCX, and then a fair amount of dry powder in mm's.
I'm still looking to simplify, but don't want to lose out on the …
Extrapolating @WABAC’s post, let us consider how front running potential Tariffs might show up in economic data, company profits, and interest rates.
I'm certainly keeping an eye out for thoughts on how tariffs will effect equities, if he carries t…
According to Morningstar data, two funds now report owning: Fidelity Nasdaq Composite ETF and Unusual Whales Subversive Republican Trading ETF (KRUZ). The Fidelity fund is boring and predictable. Unusual Whales is sort of intriguing.
"Unusual Wha…
@WABAC FWIW: The correlation between MRFOX and SPGP is .87 (So it's not really an alternative); MRFOX LT APR is 16.4%; SPGP is 14.4%; STDEV MRFOX 13.2; SPGP 16.4; MRFOX = Great Owl; SPGP No. Also, SPGP has underperformed the SP500 YTD, 1yr.; 3yr.; a…
@WABAC, Good to know you own SPGP.
Well. It's not turning up in any of the screens I've been running lately. But I'm not buying any of those funds either. I just tack them onto my watch list.
@BaluBalu, I don't have anything to do with M* screens anymore. I'm strictly on MFO premium. So I can't speak to what factors M* looks at when they score quality. I will say that funds based on their strategies seldom turn up in the screens I like t…
I would appreciate if anyone knows of a value fund that overweights Quality factor.
You mean besides all of the funds that add quality to their name? :)
IIRC . . . FDVV and DGRW are probably in that vein. DAGVX and GQHPX probably are as well. H…
Hi @WABAC
I added USFR, just below the BAGIX fund. The SEC 7 day yield as you noted, is 4.75%.
The etf closed the week with a +.11% and YTD of +4.56%.
Thank you @catch22.
Given all the excitement, I'm surprised you don't have a floating treasury ETfund. If M*can be believed (And I count on @msf to check their work :) ) USFR ended the week with a yield of 4.75.
In the IRA: Today seemed like a good day to sell USAGX and FSRPX in order to simplify the portfolio. I'm going to leave the proceeds in cash for a while in case there are any buying opportunities in the near future, which might include through inaug…
Yes, this does not compute.
Possible explanations include:
a) Americans have saved huge amounts in taxable accounts.
b) Americans will sell their businesses for large profits and use proceeds to fund retirement.
c) Americans will sell their price…
Another possibility - multiple sources (with different sampled populations), multiple definitions.
You're killing me man. Simply murder.
I view this piece as financial porn, or more magnanimously financial popcorn - fun to munch on but ultimately …
Kind of bizarre I think. Op. cit.
A one, Americans believe they need to save an average of $1.8 million for retirement,
And a two: The average 401(k) balance in the second quarter of 2024 was $127,100
And a three: 68% of American workers in 2024 f…
Thanks! That was stupid of me, I even have a view like that set up for exactly that purpose. Though I hadn't included the 30 day SEC yield column before.
Definitions matter. If you look at the M* SPAXX page I linked to, under the "Performance" …
If M* can be believed the SEC yield for SPAXX is 4.31 to 4.29 for RPHIX though the total return for the latter is still slightly ahead.
I'm not sure where you found any SEC yield for SPAXX on M*. Here's M*'s page for the fund: https://www.morning…
As mentioned by @Catch22 in this thread, the yield on the 10 year treasury has increased 17.4% since September 16.
Under the circumstances, what have you done for me lately means between the last week and the last four weeks (YMMV.) Over that time …
COALX. @Bee got me good. I actually looked it up. :)
Here are funds I track that returned between 8.7 and 7.23 over the last 12 months while having a positive return in 2022. They are CBLDX, CBRDX, JAAA, FLTR, NEAR, and VRIG.
If you were willing …
Is selecting THOPX performance chasing and I am going against my original criteria-low risk?
I sold THOPX earlier in the month as the volatility began eating into my gains. At around the same time I sold WSHNX and WCPNX. But they were nice funds whe…
I currently have RPHIX, but since it is not NTF/Schwab and a rather high ER, I am looking for another short-term bond fund that I can add to periodically without incurring a fee. Do you have any suggestions? I have been looking at WEFIX.
With a chan…
I'm tracking 96 different types of bond funds and VRIG is leading the weekly total returns, if M* can be believed. For the four-week period it's thirteenth.
What a world.
Hi @WABAC
The 2% of the portfolio in TMF is only for playing, with the hope of making a profit on the sell. I fully expected the profit side to trigger a sell, quite a while ago. The investment will not go to 0 and/or become worthless and I should h…
Hi @BaluBalu
A potential report 'end date' will always be an open consideration.
As to TMF and EDV; well, we're seldom sure of what the 'pro' traders are attempting to do, eh? We've had about 2% of our portfolio in TMF for a few years, awaiting y…
Wise man.
He was born in 1880. He lived through a number of ups and downs up to, and through, the demonetization of silver in the 1960's.
I only know about his thoughts because he wrote a little pamphlet for his children, and their off-spring. A bo…
