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.
@BenWP, buy your wife a Yamaha receiver with a connection to the internet for favorite radio stations, napster, pandora, spotify, etc. There may be other receivers that do similar. But the Yamaha is fine for us. Your spouse could probably tell Siri …
Capital gains were an issue for us when we were both working and trying to afford living in Marin County, California
With one of us working, and living in a paid-for house in the Phoenix metro, capital gains are a feature, not a bug. They are reinv…
The beat downs will continue until morale improves.
I wonder how his thesis plays out when P/E ratios are dropping to single digits, like the last time we dealt with inflation. Get that info and we might find out what initially means.
Back to Musk.
The next Howard Hughes? When I was shopping for green etfs I studiously avoided any that gave Tesla a serious cap-weighting.
BTW. He's from South Africa. So no need to consider his presidential ambitions.
Cub stink?
Value investing covers a lot of territory if you're just going by the M* style boxes. SCHD fits their large cap value box, but that isn't what guides the strategy. Per etf.com:
SCHD is a market-cap-weighted fund whose selection universe …
We will get the recession.
Whether we get the inflation rate back to a steady 2% is another question altogether.
I remember so much wishful thinking from our last bout with this, even as we went off silver, then gold, then tried wage and price con…
I bought in early and mid July with the apprehension that things could turn worse as inflation persisted.
But then I probably hold a higher percentage of cash than most people. So I can also afford to do some buying again if inflation remains persi…
op cit
Notably, we find that 1,050 out of 2,870 funds made a change to their prospectus benchmarks
at least once over a 13-year period. Because we collect data on funds’ benchmarks beginning
in 2005, the first year in which we can detect changes is …
The article is behind a paywall. So I can't read their argument. But hey, which market?
Most funds I have ever looked at compare themselves to some sort of bench-mark index--even if one of their own creation. I don't remember any of the funds I hav…
@BaluBalu
If you are inclined to worry, never browse the net logged into any service from google, facebook, amazon, Linked in, etc.
Use an old-fashioned browser like firefox. It has lots of privacy features. Get an add-on like Privacy Badger. Try…
Bringing this discussion back up for everyone. I would really value hearing what everyone's favorite small cap funds are. WAMCX was my primary holding in small cap for several years but it got crushed in the market selloff over the last year. I'…
@Derf
I heard via TV that Ford raised the price of their EV truck up over $8K !
Not enjoying that ride, Derf
Added: If you like green,
take a look at Mr. Market
This is why people need to look at which sectors the "gr…
We are in. And GRID is included. Per ETF.com:
The sector may include business in electric grid, electric meters and devices, networks, energy storage and management, and enabling software. GRID also screens for minimum liquidity and market cap. To …
@WABAC: I agree with you on water. I have a decent amount in FIW, and I have stuck with it despite drops since late 2021. The fund holds companies whose business extends beyond water per se, but I think they are solid industrial companies. Lots of g…
Making alcoholic beverages is morally wrong
Certainly some ratings penalize (or exclude) the manufacture of alcoholic beverages for moral reasons. However, M*'s Sustainalytics concerns are not moral but (surprise) sustainability:
Based on assess…
@WABAC
GEVO landed a bio-fuel contract to supply American Airlines…
american-airlines-gevo-biofuel-sales-deal
Thanks for the info. That happened faster than I expected.
Question for those that commented on this thread. Did anyone take a position in energy when it went negative in 2020 ?
I'll answer that first. No I didn't & kick myself in the butt every time I think about it !
…
Bio-fuel. Is that where they burn garbage and waste to produce the energy? Bio-Mass?
No. Liquid fuels for things like trucks, rail, ships, tugs, even airplanes eventually--so they say, where batteries are not yet considered to be efficient. Which b…
+1 History will not look kindly upon Manchin for killing the bill so he could buy the second yacht. I think perhaps the fossil fuel industry's climate science denial dodges will eventually end with a major acquisition of a company like First Solar. …
Why, despite a lack of uncertainty last year, did you fail to anticipate the worst bond market in centuries? How did you not see the worst opening 6-months in the stock market in 40 years? The worst inflation since 1981?
I don't know. On the other h…
@TheShadow Thank you for posting this, not blaming you in any way.
Agree. I think they’re just running out of ideas for new ETFs. Any suggestions for the right ticker symbol for this one?
KRNK
@BenWP
@WABAC: thanks for all the research you put into compiling your buy list and for sharing it here. I share your interests in infrastructure (PAVE and GLFOX chez moi), water (FIW) and green energy. GRID was unknown to me. I have added recently …
Just to follow up on my IRA, I have added money to positions in BUSFX, XBI, FIW, GRID, GGSYX, PTH, PSCC, VDC, SYLD, PRBLX, VDIGX, PRWCX, and FSRPX. I also have added to existing, or new, positions in some of the funds mentioned previously.
There's …
Been doing a lot of shopping lately.
Last March I sold out my wife's inheritance, which was mostly in a regional utility. She has hopes of buying a small house in a location cooler than Arizona. So we decided to invest 25% of her funds.
Her priori…
I'm not a stock picker. But I have been buying tech funds for our accounts the past ten days or so. These include TDV, FSCSX, CSGZX, and FTEC. In a sector as diverse as tech, I like to spread my bets around. And I don't mind a little active manageme…
As John Paul Jones might have said if he were on the Fed board: "We have not begun to huge!"
I only have one well-remembered bout with inflation. No one came up with a quick and painless solution then. I don't expect one now.
Couple of months ago the guy that fixed our dryer told me he was buying crypto. At that time it was only down a little. I asked him if he was buying the dip. He said "Yep." And then said he was going on vacation to New Zealand.
I hope he enjoyed h…
I am so happy that the refineries are converting from refining dirty gasoline to refining clean biofuel, even though the resulting refinery capacities will be 69% less. Secretary Granholm told the oil execs not to slow down the conversions to biofue…
@yogibb et al,
I did read your earlier post on crack spread and oil companies are making a lot of money. Modernization of existing refineries is not cheap but it is a necessarily for safety and the ability to produce other grades of fuel. Think ma…
