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.
Took some extra cash and put it in FLOT after reading about it on here. Not much more than MM but as I tell my kids. It's just a couple clicks. I finally got my daughter to move money from a bank to VG MM after telling her the interest rate differen…
May be do us a favor and post how PRWCX positioned its bond sleeve.
On a separate but related note, Nomura is expecting 10 yr to hit 6% in 2025. Gloomy Bloomy says that is similar to TRP’ forecast, without saying what TRP’s forecast is.
PRWCX is…
As of today's purchase of FLOT in the IRA, my bond holdings are now (with rounding) USFR 11%, VRIG 8%, PULS 8%, CBLDX 7%, CBRDX 7%, FLOT 7%, MNHAX 4%, and FFRHX 3%. PRWCX holdings are not included.
That's a bit of a dog's breakfast, to put it mild…
In the IRA: Seemed like a good day to sell micro positions in ICLN and GGSYX for micro losses. I just don't see any reason to expect a turn around any time soon given their global exposure.
I continue to hold GRID and its micro gains. Given its for…
@Old_Joe, I first came across it on Apple News that I subscribe to. It explains the bond world in details with relevant graphs on each points. The rise of long treasuries (10 years treasury for example) since last October to near 5% today has negat…
@WABAC
On the Osterweis (OSTIX) quarterly webinar today, they mentioned staying short, 1.5 years because they’re not being sufficiently rewarded for taking on additional duration risk.
Thanks for the info. We have that in my wife's IRA.
Not just…
Sold DODIX and invested in ICMUX with the funds. In October ‘24 I had thought DODIX would be an appropriate place to re-enter intermediate bonds in 2025. After the last few years in bond fund land, my patience is short (as will my bond fund duratio…
Neither wife nor offspring look at their portfolios, I don't charge anything to do standard stuff for them. So it's going ok.
I spent some time trying to figure out their risk tolerance and investment druthers. I do have long talks with them from …
I am reminded of Mike Tyson:
Everybody has a plan until they get punched in the mouth.
Nothing out there motivating me to get in the ring with Mr. Market at the present time.
Some moves to the upside might make it easier for me to dump some of the…
By the way, we prefer direct communication with shareholders and do not mind multiple inquiries. As I have mentioned in the past, the discussion board has limitations as communication medium.
The first sentence seems a reasonable suggestion to me. …
@WABAC,
You know the guy likes to work the crowd (requires hyperbole). If Hollywood producers offered him to play the President on the screen, he could not have cared less for the responsibilities of the real one.
I do not think he really has a…
USFR rate is a nominal fixed rate (assume zero) + weekly auctioned 3 mo Treasury bill rate. My guess is Trump will put pressure to lower this to at least 3% by the end of 2025.
No doubt.
And he wants the oil companies to drill until they're givi…
GLIFX/GLFOX is old-timey infrastructure that I would put in the category with widow and orphan investments. It's pretty much The Electric Company, Waterworks, and the Pennsylvania, Short Line, B&O, and Reading railroads.
I still own a chunk of…
USFR rate is a nominal fixed rate (assume zero) + weekly auctioned 3 mo Treasury bill rate. My guess is Trump will put pressure to lower this to at least 3% by the end of 2025.
No doubt.
And he wants the oil companies to drill until they're givin…
I understand it's about minimizing Insurance Cost $/Yr but
What about Umbrella Insurance on top of Auto Liability coverage ?
If due to Old age or any unknown reason you or spouse hit someone else? …
Joined @WABAC in GRID today when midday saw almost everything sag. Where is a good corset or waist-cincher company when you really need one? Many Santa Claus Rally deniers on the prowl today. OSTIX distribution day, so planning to deploy more cash o…
I've placed this comment here for a wide exposure and not a real buy/sell statement. Don't yell at me too much.
Depending upon one's available viewed tv stations, this 30 second ad pops up often. It is a full on marketing ploy, aimed mostly (IMHO)…
While I was reading about the Comptroller of the Currency last night I was reminded of the history of wildcat banking. I was then reminded of bitcoin.
Thanks to @PRESSmUP, bitcoin, and its imitators, will forever be Tulip coins.
The OCC was created by Congress in 1863, and is already part of the Treasury Department. I'm guessing it would take an act of Congress to get rid of it, but with this Supreme Court, ya' never know.
Apropos of nothing: My maternal grandfather was ap…
"Forget investor protections, I fear for consumer protections going out the window."
From the perspective of our new improved executive office consumers have one and only one function: to be exploited to the maximum extent possible.
If God didn'…
I am a computer illiterate.
Does security features in an OS translate into prevention of virus and malware being implanted in your device? If not, what are the means thru which these things get into my device? I am starting to use mobile Apps on …
Not quite a market prediction at this dinky linky. It's not so much that it's different this time. It's more the case that things aren't what they used to be. Check your assumptions at the door.
Very interesting with my new McAfee antivirus.
I have used McAfee only on Windows products before and did not install McAfee on my iphone and ipad. After my McAfee subscription renewal last week, somehow McAfee started detecting my Mac products a…
Sold JAAA from the IRA. After about a month of ownership I got tired of looking at names like Uncle Billy's Triple A Tranche and Aunt Martha's Well-Endowed CLO's.
I have taken the proceeds, along with some cash, and added to CBLDX and started a pos…
@catch22, I did not find the upper Michigan accent quite so pronounced as accents I met in my college years in Minnesota. I'll never forget friendly teasing from stereotypical Minnesotans commenting on my hick Missour(ah) accent.
I have used they for years, even if it's now wrong in newer ways than it used to be. :)
I have also used y'all through the years, and if I was dealing with a single human with multiple permutations to consider, there is always all y'all.
etf.db shows TMFC as passive/indexed with ER of 50 bps. Is that for Motley Fool name? There is big iShares SP100 OEF at 20 bps.
FBCG is active LC-growth with ER of 59 bps. FBCG had difficult 2022, but it leads for YTD, 1y, 2y.
https://stockcharts.…
Mac Minis were easy to sell on eBay because they were easy to package and there were always buyers that were nuts about them dead or alive.
@Old_joe's 2014 editions would have been brand new to me. If they can't run the latest OS from Apple I won…
I was planning to buy an iPad from this site to gift to someone else and so I want to make sure I inadvertently do not harm them.
Sorry. I didn't see this.
I would not recommend buying used Apple products. Speaking as a former seller of e-recycle…
This is an online marketplace to buy refurbished technology products like computers, tablets, smartphones, etc. on the cheap and with some warranty.
Pl share your experience of purchases through this site and how one makes sure what one buys does …
Many thanks @WABAC for digging up all that valuable info. M* reports 48% turnover, a fair amount for a fund following an index. Not that I object to the active management. I like your conclusion that portfolio changes had already taken place before …
Just going through the purchases since July 10 we can see companies like Zurn Elkay (water infrastructure) and Kirby (tank barge operator) among the top ten holdings.
Looking at some of the other holdings, I think the changes were underway before t…
@BenWP, https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=678fcb8a-2c51-4ef2-a08f-c813cf67fb33
From the prospectus:
issued by companies classified according to the Global Industry Classification Standard as comprising the foll…
Since both groups generate "about as much" future return I'm not sure why one would try too hard to isolate one group from the other outside of a academic research; not that there is anything wrong with academic research.
I see that in the comments…
