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.
Multiple prompts for computer verification would be rather annoying!
I wonder what has changed?
I've only been a Schwab customer for ~50 days but found their reps
to be helpful in resolving issues and answering questions (via phone and email).
I've…
I wasn't a member of Fund Alarm during the GFC era but am interested in the general tenor
of remarks during that period. I'll use the Wayback Machine to investigate further.
I didn't have much money allocated to equities in 1987 since I was young and "poor."
Having read a bit about investing, I thought the 1987 market crash might present a buying opportunity.
Despite this knowledge, I didn't actually take advantage of t…
He really needs some quality recovery time in a private cell furnished by the federal government.
Wouldn’t that add to the deficit … ?
Although change of residence would slightly increase the current budget deficit,
I believe this is money well s…
The Week in Charts (08/09/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
01:08 Topics
01:52 The Nikkei's 1987 Moment
06:12 A Monday Morning Panic
14:21 Is Buffett Turning Bearish?
20:41 Do We Really Need a…
"I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than,
in many cases, people that would be on the Federal Reserve or the chairman."
The fact that Trump's companies filed for Chapter 11 ban…
"Customers of Charles Schwab, Fidelity, Vanguard, and other large brokerage firms complained about
log-in troubles Monday morning that left them unable to access their accounts amid a global stock market selloff."
https://www.msn.com/en-us/money/sa…
Thanks for the vintage WSW link.
Parts 2 and 3 of the original broadcast are also worthwhile.
Unsurprisingly, John Templeton provides sage advice.
While I frequently watch the current iteration of WSW, it pales in comparison to Mr. Rukeyser's versio…
"CrowdStrike (CRWD.O) on Sunday rejected a claim by Delta Air Lines (DAL.N)
that it should be blamed for flight disruptions following a July 19 global outage
sparked by a faulty update, and suggested it had minimal potential liability."
"The CrowdS…
Futures for the Dow, S&P 500, and Nasdaq 100 were down 3.1%, 4.3%, and 6.2% respectively at 5:00 AM.
"The Nasdaq is leading markets lower in premarket trading as futures drop early Monday,
led by technology stocks, after a big retreat on Friday…
Braham is paywalled for me
Try this...
https://www.msn.com/en-us/money/other/this-go-anywhere-find-beats-99-of-its-peers-what-it-s-buying-now/ar-AA1jWToe
Selecting Vice President Harris as the Democratic nominee could have been a divisive and drawn-out affair.
It's great to see the overwhelming support she has received.
Ms. Harris may fare better than Joe Biden with blacks, women, and independent vot…
The Week in Charts (08/02/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:49 Topics
01:52 Bad News Is Bad News Again
06:48 The Biggest Correction of the Year
11:59 50 Bps in September?
18:41 Bonds Are Ac…
The Health Care Fund generated excellent returns during Ed Owens's tenure.
I wish I had owned it back then!
Last time I checked (perhaps 1.5 yrs. ago), performance during Ms. Hynes's tenure was middling.
Perhaps 80% of OEFs / ETFs are "unnecessary" and their disappearance wouldn't impact most investors.
The number of publicly listed companies has decreased significantly from the 1996 peak.
"The count of publicly listed companies traded on US exchan…
"Morningstar’s long-term government-bond category, for example, attracted significant net inflows during 2021, right before the bond market’s historically painful drawdown in 2022.
Because of this pattern, investor return gaps (the difference betwee…
Half cash and half balanced? For a young worker? Just no
An optimal portfolio for many young workers (early 20s to mid 30s)
would be allocated predominantly, if not entirely, to equities.
After all, young workers' risk capacity is great and equitie…
I read his comments from The Believers' Summit.
Trump aspires to be a dictator for life.
His admiration for Vladimr Putin and Viktor Orban stems from their "enviable" status.
What a narcissistic SOB!
How can someone with such great disdain towards t…
As mutual funds mark their 100th anniversary do they still work for investors?
Answers from Morningstar’s mutual fund maven, Russ Kinnel.
https://wealthtrack.com/as-mutual-funds-mark-their-100th-anniversary-do-they-still-work-for-investors/
MFS cre…
Vance supposedly had an epiphany and became a converted Trump supporter.
Perhaps he's just another opportunistic, power-hungry politician?
Regardless, Trump diminishes everyone in his immediate orbit.
Excerpts from Heather Cox Richardson's Letters from an American:
"Biden’s announcement ended the month of suspense under which the Democrats have lived, and in the hours since, they appear to be coalescing around Harris with enthusiasm. Those who m…
Many investors rebalance to reduce risk in their portfolios.
Implementation of intra-asset class rebalancing can potentially
generate higher returns but this possibility should not be the primary motive.
PA governor Josh Shapiro, NC governor Roy Cooper, and KY governor Andy Beshear
are supposedly at the top of the VP shortlist if Ms. Harris is nominated.
Biden is a good man whom I respect.
He's accomplished a lot in his current term despite extreme levels of partisanship.
The U.S. president is the "leader of the free world" and must project strength.
Biden's performance in recent interviews and the …
@MrRuffles
I engaged a second independent insurance agent yesterday but their options were unappealing.
The Amica quote referenced above includes dividends.
State Farm had the lowest total cost followed by Amica.
I decided to remain with State Far…
From Form N-1A:
"The Adviser manages currency risk, when appropriate, by hedging foreign currency exposure typically,
and primarily, with forward currency contracts. A forward currency contract is an obligation to purchase
or sell a specific curren…
My auto/home insurance is up for renewal in a few days/weeks respectively.
Premiums increased significantly over the past two years.
I decided to obtain insurance quotes since I haven't shopped for coverage in several years.
I discovered several hi…
Judge Cannon's decision was very unconventional and will definitely be appealed.
She referenced Justice Thomas's statements questioning whether special
counsel Jack Smith was lawfully appointed.
AFAIK, Justice Thomas did not question appointments of…
Recent market activity may signal improved future performance for certain underperfoming segments.
Or it could be just another "head-fake."
It's premature to declare recent activity as the "Great Rotation" heralded by some prognosticators.
The Week in Charts (07/12/24)
The most important charts and themes in markets, including...
00:00 Intro
00:15 Topics
01:11 Down Goes Inflation
08:23 Here Come the Rate Cuts
16:50 The Rotation Heard Round the World
22:58 An All-Time High a Day
24:50…
"A easier fix would be to require the originators and underwriters to hold
a percentage of the loans that they originate / bring to the market."
I agree that it's a good idea for lenders to have some skin in the game!
