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.
All of you mention valid arguments about the past performance of MMAs, but I am looking at this from today's perspective, the momentum shifted, at least for the next 3, 6, and 10 months in favor of treasuries and MMAs. CDs provide a way to lock in …
Happy New Year everyone,
Just curious that despite such a good distribution, RPHYX/RPHIX still managed to return below 3% for the year, as compared to a few banks/CUs that pay above 4% on the liquid MMA accounts, even short-term treasuries such as …
Thank you @Crash. I am younger, but like you, I have the same thinking that I need much more money to own all of the names I like. By the way, I always liked RBC, but don't see it on your list. Any reason?
By the way, what are all of your takes on ENB, a massive oil/gas company in Canada? I have seen people who know about this company very much like it because it is stable and expands into renewables as well.
Thank you, @Crash. Yes, those k-1s... They tend to have their special place in your taxes, kind of have to remember where to plug them in... It helps if you know where it needs to go on 1040. I tend to use software...Used to use TurboTax, but there…
Thank you, @rforno and @PRESSMuUP. Very different personal styles of investments. Someone mentioned on another forum that individual names should not amount to more than 10% of your portfolios. However, if you held it for some time and know it ver…
@Mark, thank you. yes, that is it...K-1. Thank you for reminding me. If you were to hold it in a taxable account? I assume TurboTax or HR Block software will need to be used to handle it.
Some notes from the RPHIX/RPHYX 06-30-2022-Shareholder letter (I've added the bold):
As of June 30, 2022, the portfolio was comprised of securities with an average maturity of 4.43 months. At quarter-end, the invested portfolio had a weighted avera…
Thank you for the comments, my appeal to both funds because although they may have different investment approaches can be used as "cash" when the funds are not invested, like right now. I am about 95% in RPHIX. Why wait when the markets break movin…
Prob buy more Meta qqqm xlf tsla lcid spy vang2050 monday
Bottom likely in
Becareful of double dip/stagnation and another 10% -15% leg down next 3 6 wks
Very difficult to tell so far but odds little lowered compared last wk
Good news usdollar down…
@Crash, @Mark, @rforno, @PRESSmUP
What percentage of your portfolio do you allocate to these companies? Also, is it beneficial to hold them in retirement accounts, IRAs, if they have special tax consequences if held in a normal account?
Thank you
As a former VITA volunteer, I would like to share some IRS guides for those who may be interested. https://www.irs.gov/individuals/volunteer-training-resources
Hello, @Mav123.
My only single stock holding amounts to a tiny sliver of one percent of my total: ENIC. Chilean electric utility. I'm looking at a loss these days which in percentage terms is big. But there's been lots of political junk happening, …
Inverse bond ETF. No... Because I'm not professionally paid to be in Finance, and that sounds about as convoluted as it can get..... I read that linked item last night, after having a tooth pulled, earlier. But my takeaway is that to be profitably i…
In the Foreign Large Blend category, I like SCIEX and MIEIX*.
The SCIEX management team also manages 30% of VWILX.
MIEIX has below average costs, low turnover, and usually provides good downside protection.
Mr. Ling started managing MIEIX on 10/01/2…
According to M*, the fund has 10% cash, 11% utility. Quite defensive. He is in good position when the market pulls back.
https://morningstar.com/funds/xnas/prwcx/portfolio
Utilities will suffer as we enter the higher inflationary environment.
Hi again Mav123. There are several ways, actually.
You can set the Display period to one of 74 different periods, including lifetime, YTD, multi-year and multi-month, plus full, bear, bull and other unique market cycles. For "recent," you decide ..…
@Yay! Will add month to your subscription for the EMA suggestion. Please let me know if you'd like Zoom session to walk through features. Happy to do!
Thank you, Charles. Could you please suggest how to run a screen to filter funds by recent perf…
@Mona , I've noticed that Vanguard is using Yodlee to authorize funds transfers from other brokers, like Schwab and I brought up to their management that there is a problem on their site with Yodlee.
Anyways, I was able to escalate the issue to th…
I believe that you can buy the fund through Fidelity BUT.....
There is a transaction fee and this alert on the Fidelity site:
"Please call a Fidelity Representative at 1-800-544-6666 to buy this fund."
At least that's the info I received when I s…
@Mav123. I like the Exponential Moving Average (EMA) idea. Will add to list. Should not take too long. If you are a subscriber (or become one) I'll add a month to your subscription for the suggestion. Our custom for good feedback!
Perfect, thank you…
