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.
@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…
I noted TMF was subpar vs EDV for the week.
Hard to imagine paying that much money to be 3x leveraged long.
Might be more fun to just set the money on fire.
@WABAC, that looks like stale info for USFR.
Website shows 30-day SEC yield 4.75%, 10/18/24.
https://www.wisdomtree.com/investments/etfs/fixed-income/usfr
Treasury shows FRN Index at 4.567%, 10/18/24. This is the variable rate for FRNs.
USFR has …
Today seemed like a good day to sell THOPX and WCPNX. That leaves MNHAX as my longest duration bond fund. It has been fairly steady so far. I'll be keeping an eye on it.
Here is the Yahoo print of the Bloomberg story mentioned by @BaluBalu above.
I don't know about nukes, but green-hydrogen fuel cells are going to replace batteries sooner than we think.
At a campaign pit stop, DJT gave his pronouncement against hydrogen. As is customary for him, he took the crowd along with him in mocking…
At the time I viewed USAGX as a break-glass investment, as in to trigger the alarm, break the glass. In 2011RMDs were not concretely on my mind. It was too small a position to begin with, and it has never compounded well.
If it gets to the price I …
While gold is at new highs, gold-miners have lot of catching up to do.
I'll say.
I'm finally in the green with USAGX for the first time since I bought it in August 2011. I don't plan to stick around much longer. I'm watching GDX like a hawk.
I really do appreciate those of us here who are able to admit that we sometimes try things which turn out to be not such great ideas.
Where do we get the t-shirts?
And of course bonds bounced back today.
Well. I'm back to what I originally had in mind before animal spirits took over. It's not so much a barbell as different size dumbbells. :)
I'm not rooting for a bumpy flight, but I'm keeping my seatbelt o…
