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.
The problem with VALUATION
When people start shouting, I stop reading.
Dinky linky.
Professor Paul Luna, director of the department of typography and graphic communication at the UK’s University of Reading, told me we’ve been using caps to convey…
de nada.
I find it interesting to play with as I evaluate the holdings in our over-stuffed IRA's, what to add to on a dip, or looking at funds in the same category.
Fair use ration:
PATRICK HARKER: Yeah. We need to see clear signs we're moving toward 2%. Now our view is we're going to get under four this year, under three next year and in 2025, we'll hit two. It's going to take some time. And, I think, we just …
It is very very rare on these threads, to see specifics about how much you are investing.
How often have I said I throw nickles around like they were man hole covers?
;)
Put a little into some allocation funds not too long ago. Otherwise, all short term.
Always been in the higher for longer camp once inflation got going. People seem to think it will melt away like snow in April.
I think none of the guvs wants to b…
Not a single neighborhood financial institution, brokerage or bank, has a notary anymore (I checked a month ago).
Maybe because some kid is doing it at the local FEDEX/UPS store.
Why would I want to pay more fees, spend more time, and spend more hours dealing with agents who messed things up once again
Can't say I have experienced those problems, even at Vanguard.
Poke me on Sept 1 and I'll give it a try (and also look at data available on other sites then).
That's giving my memory a lot of credit.
That's a bug in the screener. If it were a feature, it wouldn't show a fund category criterion. The tool fails…
You can snack here: https://www.etf.com/etfanalytics/etf-comparison/USFR-vs-TFLO
Nice, though its duration numbers (5.10%, 5.20%) are something else (yield?)
At the page for TFLO they show its duration as -0.02. So yeah, there's a screwup there. M…
ETFdb indicates that TFLO follows a different index than what is indicated by iShare - this may be a recent change.
etfdb.com and etf.com both have the same wrong index for TFLO: the Markit iBoxx USD Liquid High Yield 0-5 Index.
Try finding information on other funds at the beginning of the month at Vanguard.
For old time's sake I tried to do a search for LC value funds. If you choose domestic funds you are now stuck with all fund categories. They're breaking it M* style.
…
More people ought to subscribe to MFO premium so they know what they are looking for.
But It's not a service that will help people looking for short-term plays.
Try and screen for external mutual funds at Vanguard.
Can't get there from here.
If…
Added USFR to our IRA's on June 1. Lots of peace of mind.
Haven't looked at higher rated corporate floaters. Not sure the water has finished receding. Might be more naked swimmers out there. YMMV :)
Good day for utilities, and that's about it. Oh, GISYX showed signs of life. But not enough to sell yet.
I am following WABLX for the IRA, and it was only off .25 % for the day.
From the ads on the news channels, network news, and local news, it’s apparent that their audiences are not a highly valued demographic. (A lot of drug and Medicare ads not to mention the MyPillow and gold bug ads on the right-leaning outlets.)
Pl…
@hank, I think you're looking at the communication services category in ETF land for any "concentration" at all. And they're still sharing space with Netflix, Disney, Paramount, Google, etc.
I signed up at this site: https://www.etf.com/ and they h…
I didn't read anything in the article, or the links, that would tempt me to consider going back to Vanguard. YMMV.
I didn't see any mention of the word fiduciary in the parts of the article about PAS. But it's not something I would need to worry ab…
@WABAC: I agree that bonds are like children (at least those of my parents’ generation). They should be seen, but not heard. Send the kids off to bed early. Similarly, buy an allocation fund so as not to be distracted by contradictory talk of durati…
Thanks, @WABAC. I appreciate your specificity and I follow the moves you’ve posted previously.
de nada @BenWP.
PE on SYLD is still quite low. And I like the thesis for a long-term holding. FSUTX is off a little bit this year after coming through la…
Income investing is a myth that has been promoted for years. In many cases, the writer wants to sell you something. Income investing as someone's main/first criterion has no legs in reality because TR=total return (performance) is the ultimate indic…
China has a lot of problems. Among them:
https://finance.yahoo.com/news/end-made-china-crippling-world-050000386.html
Direct investment liabilities – a key measure of foreign direct investment (FDI) in China – plummeted 87pc to $4.9bn between April…
If the other shoe is dropping, it would be interesting to know if anyone here changed their investments based on that.
The shoe never stopped dropping. People just took their eye off it while AI animated the reporting of the financial press on Mr. M…
I started reading for 5 minutes & came to the conclusion he was trying to sell something.
Was I right ?
Wouldn't take much longer to read to the end. And he isn't selling anything specific in this one post.
It comes off as everyone talking abo…
It's a name change. https://en.wikipedia.org/wiki/Schnitzer_Steel
People new to scrap don't associate the Schnitzer name with anything.
Folks with longer memories may have negative memories
Not too long ago we were all talking in a thread about "the market" going sideways for a decade, or more.
Now we're being told that we should all invest in the 500, like Buffet "advises" his wife to do when he dies. Which sort of misses the point t…
Sorry to hear about the COVID. Prayers for a speedy recovery.
I hope this isn't a widespread issue in Scotland. I have relatives over there for the Fringe Festival.
In the meantime, I continue to get unexpected pleasure out of that picture of the…
The main problem I have with Benny Moore is that they don't give you any numbers to fit onto any color wheel. All their descriptions of color are subjective, if not romantic.
Sherwin Williams at least gives you RGB and Hex value numbers that will w…
Haven't bought paint recently. I buy Dunn Edwards when I do. They provide Munsell numbers on their colors which makes it a lot easier to do a great job -- assuming you're doing the proper prep work.
Benjamin Moore's color "system" requires an advan…
Well, how much cash in Munger holding these days, and how is his portfolio doing?
Heavy on cash. Best recollection is north of 20%. Around 40% of their equity stake is in AAPL.
Berkshire lost a bit in 2022, but has done very well this year. Bet…
@BaluBalu: Thanks for that link. After doing my best to understand what this fund purports to do and how, I wondered if the people in charge might be running a seminar at my local Holiday Inn for people like me.
LOL. Move to a bigger metro, or jazz …
I read it this morning.
Probably good advice for anyone interested in buying stocks. Probably better off listening to Munger than reading the daily stock-touting churn generated by Dziubinski for M*.
OTOH, IIRC, the edition of Random Walk I read …
