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.
@Old_Joe VERY VERY interesting. I wonder what's going on ? When I buy something at Amazon I sign out. If I'm looking I don't sign in.
What browser are you using? Which search engine for which type of search? How often do you toss your cookies clear…
Unrelated but related. News flash. Paid $7.48 for 24/pk of Dasani water bottles and $7.89 for 4/pk of bounty regular size paper towels yesterday at Ingles.
LOL. You're asking for a haircut buying stuff that way at an old-school grocery chain. I h…
Just bought a 2013 Odyssey with cash. Won't be paying much more for insurance than we've been paying on the 2002. With any luck, it will be our last van.
Wouldn't be buying umbrella insurance if we had spent the last 45 years buying cars on credit…
@BaluBalu, you may not need to pay attention to it at all. :)
I'm taking it for a spin in the IRA because of it's low standard deviation and low beta.
I'm not sure how long it will stay there. The debt/equity ratio is a little high for my taste.…
@WABAC
Dear Gilda and Emily. 'They made a lot folks smile'.
Yes they did.
Radner was a remarkable talent. They don't come along as often as we need them.
Shoot. Now I have something in my eye.
Never heard of umbrella insurance before this thread. Upgraded today. I told the woman we were interested in balloon insurance. She was kind enough to translate.
Thanks for the education. It's always appreciated.
Ironic (?) that one of the more “anti-AI” sectors—utilities—are rallying like AI stocks. It seems that utilities were linked to AI and chips and all their power needs.
Is that what it is? Fourteen percent YTD for FSUTX. Zowie. Must be.
GRID has be…
Don't look now but a utilities fund I follow (UTG) is up 6.5% over the last 3 weeks. Hopefully Giroux is on to something.
They started doing well shortly after Buffet said he wanted no more to do with them. That's the way it seems to me anyway. :)
Hi yugo,
I began to appreciate PVCMX as an investment when I began to compare it to other funds with similar risk profiles, similar levels of commitment (there's that word again) to investing in equities, and so on.
I wouldn't pay what he's aski…
He won't even commit to the equities he does like.
Ah, so you are pointing out that he has serious "commitment issues".
He's the guy that brought up Jerry Seinfeld. :)
Beer googles?
I doubt Cinnamond ever finds much of any kind of equity that measures up to his standard. He won't even commit to the equities he does like.
Meanwhile, the managers you've never heard of that run VSMIX manage to find a few things wor…
Bought a chunk of MNHAX for the IRA today. The money had been sitting in a MM. Most of my bond investments are higher-rated and shorter-duration, so, what the hey . . . It was that, or back into a bank-loan fund. I think I have sufficient floaters b…
Until the FDIC stops protecting uninsured depositors, this change is largely form without substance.
A few sentences from a NYTimes subscriber-only opinion piece (May 1, 2024)
https://www.nytimes.com/2024/05/01/opinion/fdic-insurance-banks.html
Whe…
Thanks @ Bee.
I think this is the most practical way to think about debt: As debt increases, you narrow the range of outcomes you can endure in life.
I am reminded of my mother's father, who grew up during the Long Depression--depending on your defi…
Well. I sure haven't called anybody over the weekend. :). IIRC, the fees did show up as part of the online sale process; it's not like they were tacked on subsequently.
If I get real motivated I'll look at the transaction records to see how thing…
Well. I didn't read the article, but it seems to me that all that is required is a fund that pays higher than a buck 35, and has out performed SPY over the typical M* periods. I'm too lazy to look up 24 month performance this Saturday morning. :).
…
At least Fidelity didn't charge me for transferring Dodge and Vanguard funds into my taxable and IRA accounts. I have already sold all but VWINX from the IRA. If I ever have to sell the stuff in the taxable, I'll transfer the funds to someplace more…
@Roy - that's great- good for you. Out here in CA we're lucky to find insurance at all. And on top of all of your coverages we have to worry about earthquake also.
And PG&E.
Since QDSNX is a fund of funds, I'm wondering if any of the perspicacious folks around here have broken down which of the constituent funds are adding the most to recent returns. I also wonder how they have fared since COVID.
Typical of M* to leave up instructions for something they no longer support.
There is a at least one free tool to find similar/overlap in etf's at the dinky linky. I have often linked to it, but maybe it will be new to someone reading this thread.
@bee. It took me many years to convince my spouse that there is no point in paying for advice that should more, or less, boil down to a few funds covering equities and bonds if you are dealing with someone reasonably honest.
Thanks for the link to …
If MINT piques your curiosity, consider VRIG as well. For that matter, one might also compare its performance to USFR, PULS, and FLRN. All have a lower expense ratio than MINT, and they made a little money in 2022, which MINT did not.
VRIG is activ…
My memory of the first such major incident of that type was the Oakland Hills firestorm of 1991. Ashes from that fire rained down on us out by the ocean in San Francisco. Prior to that, the Oakland Hills had never had a major fire either.
Not just a…
It's a bad case of higher for longer. Feels like Mr. Market has had a little tantrum every month the Fed puts off a rate cut. Except this time, the AI euphoria seems to be wearing off. And longer is looking longer all the time.
Can each of you please send me your mailing address so I can send each of you a free Trumpinator Bobble Head to put on your bookshelf.
Thank you,
Baseball Fan
LOL. Not much on bobble heads. How about a gnome for the garden?
Nobody gets to crowd …
All he may be trying to say that as the largest bank in the US (TBTF, SIFI, etc; also largest globally by market-cap but not by assets), he is prepared for all eventualities.
That is a good place to be.
It's also a welcome relief from rate-cut mong…
