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.
We are spending time here to learn from one another if we can and maybe, just maybe, find something that might make us even more comfortable.
I don't believe that anyone has suggested that very high-income investing has better performance or even b…
It's 1999. You just bought Kiplingers mutual fund roundup at a local new stand. You've got 10K to invest. And you're under 30 with no kids. What do you buy?
Are you all excited about indexing? Tech? Bio-Tech? Did your parents, or grand parents, giv…
5.22 total return in 2022 for FSUTX.
Past performance, and future returns, and all that . . . But, widows and orphans rejoice.
I didn't get that FSUTX 2022 return. I had PRUZX, and one of the etf's, and I wanted to consolidate the ornaments on t…
Utilities, and consumer defensive, are kind of pricey at the moment.
I have rearranged my deck chairs into FSUTX. Just a hunch that it might be a good sector for active management going forward. YMMV.
Cramer the other day, without having to surrender your email, or whatever they want for his words of wisdom:
Cramer underscored the idea that investors must be patient and ask themselves what exactly they’re swinging at before they go to bat. He als…
What would be helpful would be an app or website that would analyze a given fund and sort out for simplicity the % of assets it currently has in components of the S&P 500.
You could at least sort out the top five holdings of etf's--for free-…
@hank, the higher sum is from January to June, as I said in my post. The more time that goes by, the more the disparity grows. Start the comparison from 2021 and the disparity is now 164 bucks.
Where you start and stop your year also matters. For e…
.25 sounds like a lot. And it is with really large amounts that are left untouched out to 5 or 10 years. For lesser amounts:
$20,000 invested 1 year would earn roughly an additional … $50
$50,000 .………..1 year ……………………………………….. $125
$7…
@hank, do what you're comfortable doing. Plunking down 10K in one shot is a lot of money for some of us here. Nothing wrong with dipping a toe in for free when you can.
de nada @hank. FYI I sold GLFOX the same day I bought GLFIX, so you shouldn't have any problems.
Unlikely there will ever be any sabrage for GLIFX, but ya never know.
@BaluBalu, was a customer for many years. Given the number of years they did not spend money on upgrades they raised rates to pay for, I'ld say you made the right choice. Sometimes making money is selling "too soon."
Through 2022, we increased "defensive" allocation including utility, consumer staples and health care (all ETFs). They are a hedge against a bad case of recession. so far, healthcare held up the best and utility lags the other two ETFs. I do not co…
Just to wrap up several recent themes . . . I added a 2022 column to one of the views in my legacy portfolio manager just to keep track of who did what in that awful year. Utilities and consumer defensive were winners for me that year when bonds wer…
Sometimes I think a lot of their strategy with things like the portfolio manager is there inability to keep them running smoothly. Can't fix it on your budget? Well, turn it into something you can manage on your budget.
I don't know. If there is a bond fund that returned 7.84 over the last 15 years, and 10% over the last three years, like FSUTX has, I'ld like to know the name of it.
Taking the new thread for a spin . . .
My foray into T-Bills came due today in the IRA. Used the proceeds to top off PRWCX and open a position in FBALX. I already have VWINX and VWELX covering the longer side of duration. These positions are now r…
I heard that line late one night. or early one morning, at the Marina Safeway towards the end of the 90's. One stocker talking to another: "If they start to go down, you just sell."I have a friend who used to live a block from there. Gave me a nic…
I heard that line late one night. or early one morning, at the Marina Safeway towards the end of the 90's. One stocker talking to another: "If they start to go down, you just sell."
@WABAC: I have hung on to FIW with no regrets. Of the « theme » ETFs I own or have owned, PAVE held up the best during 2022. The ones I sold don’t get mentioned.
PAVE looks like a good one. I'm all booked up on infrastructure with GLIFX. I was able …
@WABAC: ISTM that at the time you mentioned buying TAN, you also spoke of GRID. That was a great pick, up some 38% the last year. QCLN and ICLN, also clean energy themed, have both failed to put up exciting numbers.
GRID has been great. FIW hasn't …
Sold TAN from the IRA. It was .92%. Hasn't done much in the year I owned it. And I feel the need to start taking the ornaments off the retirement tree.
Added the proceeds to PRWCX since it is NTF at Fidelity, and the position could be bigger.
I ca…
Best wishes here as well. I trust that Yogi is getting the best care possible. May it help toward recovery.
I second that. Pneumonia should always be taken seriously.
@WABAC Is it an insurmountable burden for a young man working three jobs to potentially deal with taxes on capital gains if he gets past a certain income at some point
Thus, enter the ROTH IRA, eh? At least some burden reduction.
Excellent. El pri…
At some point the perfect becomes the enemy of the good. Finding something that suits the investor described may not match up with "best" solutions. There is no guarantee that more, or professional, advice will "remedy" the situation given the druth…
@WABAC : I held this MF for a number of years in 401-K until it was sold due to moving into IRA. 10 year holding & a winner for sure !
Don't have to start taking IRA distributions for 6-7 years. So I'm hoping it can be an equity cornerstone i…
FMIMX yahoo chart shows it at one year high !
It's a little less high at the close of today's market. :)
PE is at 13.68, book 2.36, price/cash 7.98, price/sales .84. Smids (which is the current weight,, rather than the category) have been out of f…
Added FMIMX to the taxable today since smids are taking a hit.
BTW, this is the article that first got me interested: https://www.morningstar.com/funds/all-weather-stock-funds-do-exist
After further research, it seemed likely that they would stick…
@Crash. BTW. Just set up #1 child's Roth using proceeds from a 1000$ UGMA gift from my parents when she was born. Went a little flashier with an equal distribution of IHI, IXN, IYK, RWJ, SYLD, and SPGP.
Still working on what to do with her taxable…
Boston Trust/Boston Trust Walden (or however they style it) might have something more up you alley. But you would have to go to their pages to find out anything about their bond portfolios.
Add>> BTBFX, and WSBFX.
@sma3. Fun stuff.
Among other things, I have a hilarious series of letters between my grandfather and a lawyer in Fort Stockton, Texas about some railroad land grant property, and trying to collect the grazing rental fees when the price of beef wa…
Isn't Sapporo just trying to bust the union at anchor? Dang, that's some good beer...say it ain't so....
Sixtyone employees per the story I saw at Yahoo. Doesn't seem like a deal breaker.
@larryB, just a distant impression, but I think the Chomicle still puts a lot into sports coverage. The poor old Post Dispatch does the same in St, Louis. Keeps the barbarians from Gannet outside the gates for a while longer.
