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JonGaltIII

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JonGaltIII
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  • +1 @Old_Joe
  • It's probably not fair... but... I've been watching PRBLX closely and even appreciate the Parnassus sell sheet showing the volatility being less than SPY during market corrections. YTD: FXAIX -3.91 PRBLX -4.34 Not fair in that its just a snippet o…
  • @MikeM this could be the year then…
  • And notable Ahlsten / Parnassus quote: “ Value has done well out of the gate, but growth stocks could come back strongly in the second half as the yield curve flattens. People will rediscover that they want to own innovative companies, not slow-grow…
  • @MikeW appreciate the advice! I started looking at CDC when you mentioned it last time. Looks solid. Seems like value is trending the first weeks of the new year.
  • I “feel” like the entire Morgan Stanley portfolio is just tanking this past year. I’m sure there must be some good MS funds, I’m just not in them. I exited MSEGX. I own 4 others. MACGX has been an absolute disaster the last 12 months. MSSMX has be…
  • Thanks @MikeW … I’m still way ahead in WAMCX as well. Not so much with MSSMX. I am thinking I may exit WAMCX as well and take profits. I can’t research it in Fido anymore and I haven’t tried to add to it so I’m not sure if it’s possible. Does that …
  • Mohamed El-Erian on CNBC this AM. Paraphrasing: He believes the Fed will adjust in "bunches" vs. a spread out rate increase to curb inflation that he thinks will be markedly higher than expected. That is what he has been warning about and the Fed is…
  • @Bobpa MGGPX - I reduced LY and added to PRGSX. Will hold remaining. Believe in it LT MSSMX - 1/2 here and 1/2 with WAMCX - evaluating whether to continue to hold or not ARTYX - very small position here, holding for 2022 but am in red quite a bit. …
  • @mcmarasco thanks for the comment. There is a thread called Parnassus Endeavor Fund where I posted as well. Both threads are applicable. But as I’m viewing Value as important for my 2022 strategy.. I’m interested in feedback on this fund. Here’s my …
  • Are you saying that PARWX is rated an MFO 3 for 1 year performance based on a manager change or that the fund is now “riskier”?
  • @msf yes thought it was likely a CG issue. I sold post div. Found this Jan 2021 article informative on the topic of Funds/ETF's that soar more than 100% in a given year: https://www.morningstar.com/articles/1017292/what-to-expect-from-funds-after-th…
  • BRK.B up .45
  • Purchased some PARWX LY and have been happy with it. It was up 31 percent in 2021. Up 4.7 to peers, low Ulcer, good Martin and Sharpe… Wondering why it’s a MFO 3 Rating for 1 yr. I think I may need a re-education on ratings. Can anyone shed some li…
  • @lynnbolin2021 Thank you for sharing the contents of the “aggressive” Roth and for providing such a detailed analysis of the model portfolios and why you chose the port and Fido option you did. As with all of your posts, there’s tons of info there a…
  • The more I analyze and perhaps "over analyze" - I think I may need to give my 2 SCG funds WAMCX and MSSMX some more time. Using MFO tools (especially the Analyze button / Performance / Rankings / Ratings and Batting Average etc.) - it appears that W…
  • Looking for some guidance here. As previously mentioned, I hold MSSMX and WAMCX and they have underperformed in 2021: 5.78 and 5.46. I noted @gk3105gklm comment about how he traded out of them as they are “ex champs”. Wondering what prompted that an…
  • I’m also looking forward to reading @lynnbolin2021 . In fact I was reading his SA stories from last year including his best funds to own in 2021 to see how they fared. My favorite post of his was definitely … the Best No Load Funds at Fidelity. Some…
  • Thanks @Observant1 - I seem to always appreciate and admire your choices and feedback on funds. Eye opening graph in that PDF you shared… volatility vs S&P during crisis.
  • OP started conversation mentioning JENSX and I did not have that on my watch list. I have been watching PRBLX but struggling with moving funds from FXAIX to another “blend”. I’m trying to scale back a little on growth and have funds from sale of MSE…
  • I see @BenWP ... just read the very nice post from David and the condolences. Now I understand. Re: Small Caps: I mean when its YE and you look at a Fido SC Growth comparison like THIS HERE you question why you might still hold MSSMX. Review the M…
  • @BenWP thanks for the additional info. on Needham. Assuming "The Linkster" is also "Ted"? What's ironic is that as a newbie here - I have been reviewing posts by Ted today on MFO and have really appreciated his many contributions/comments/discussion…
  • Using MFO screener and other sites, its easy enough to pull up a high flyer SC fund called NEAGX . Consistently beats the SPY even in down cycles, is a Great Owl / HR, Sharpe and APR vs Peer keeps improving every year etc. With a 35.84% YTD return …
  • @fred495 good mention of WBALX ... Category average is 4-5% of CASH. WBALX? 14% in cash as of Sep!! Interesting. Also, goes to show how far VLAAX has dropped given its 50-70 and still trailed this fund. I could be wrong but I think VLAAX was once 30…
  • +1 to what @MikeM said. The emergency fund is not necessary unless for the sole purpose of teaching him a good principal. This also assumes that college is paid for as the best investment he can make is in himself and his future earning potential.
  • @gk3105gklm Thanks for mentioning some "new players". I'm at YE and looking at my SC underperformers - MSSMX and WAMCX and reviewing WAMVX DVSMX CSMVX and during this exercise - throwing a few ETF's in the mix: RWJ IJT SLYJG and XSHQ Edit Add: Late…
  • Performance YTD of some popular Multi-Asset Funds: 50-70% Equity VWELX 18.28 FBALX 17.74 FMSDX 17.02 JABAX 16.45 ETNMX 14.81 PAXWX 14.45 SWOBX 14.23 VLAAX 10.68 30-50% Equity TAIFX 11.67 VWINX 7.71 MACFX 7.23 BAICX 6.34 OICAX 5.92 MTRAX 9.06 Much…
  • As previously mentioned, I have MGGPX and MFAIX in some accounts. Few months ago added PRGSX. Have been generally happy with all but the first fund which has really had a poor year. Have recently considered moving more out of it to PRGSX etc. Anoth…
  • Really interesting post. Thank you DS. My funds that are underwater this year… are what I believe to be very ill timed purchases along with a couple of bad choices. I won’t mention them here so as not to derail the topic. The concept of breakeven is…
  • It sure seems like Cathy was on to something. FSEAX (-12.92%) and ARTYX (-10.96%) have been real downers YTD. On the FSEAX front, the fund manager had a contrarian opinion in October (Fidelity Commentary) “Yet I continue to be bullish on the outlo…
  • What a difference a year makes. Fun reviewing previous commentary about the EM market now that it's close to year end. Here's the performance YTD: ARTYX -4.19% FSEAX -8.55% WAESX +16.11 MIOPX -2.02 WAEMX +24.13 And a link on WAEXS courtesy of Ki…
  • This is another perfect example of why one should utilize a password manager and not rely on auto-password fill via browser or worse - use the same password for multiple sites. If you use a password manager like LastPass, you need to remember one pa…
  • Sorry... I didn't complete my sentence. Was interrupted. Ignore my comment on reversion. Cursory glance at life perf. of some of the SC was interesting but not meaningful given variable time periods of life. CSMVX +13.09 FCPGX +13.71 BRUSX +13…
  • I own WAMCX and MSSMX ... the latter can be much more volatile and has had a tough year. I wasn't aware of CSMVX but @gk3105gklm keeps mentioning interesting funds to me. To your question... it depends on if you can stomach the volatility in SC for …
  • @stillers - it auto defaults to 1985 but the results themselves are constrained by the earliest fund in the comparison. Because I chose SPY vs. Vanguard 500 Index, it started from 1994 vs. 1990 if I had chosen Vanguard. Nevertheless (as opposed to n…
  • @Sven - thanks for mentioning and including the comment on Wasatch. I noticed that with WAMCX I can add to the fund in Fidelity but it has a $250.00 minimum investment. No issue there. Unfortunately, this Wasatch fund no longer appears in Fido resea…
  • @BaluBalu GISYX is closed to new investors on Fidelity but I see you said "add to it"... if you have it.
  • @catch22 yes the PV chart looks a bit different but those funds are impressive all the same. Link: SPY vs. FDGRX, FLPSX, FCNTX
  • Have run a few PV on all foreign/world funds mentioned in thread and cannot find one that outperforms MGGPX or PRGSX on LT basis solely using results from PV. Doesn’t mean they are best but interesting nonetheless. Also find the US Mkt Correlation t…
  • Great share @bee . Glad the video author mentioned one very important problem with the Insurance Annuity - survivor benefits. IMO the Annuity is a terrible idea for many reasons. Spousal (if applicable) benefits is a consideration for either scenari…