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.
Of course it is. CA is controlled by DEMs for decades. The politicians decided to promote their agenda, which requires more taxes and fees.
Schwarzenegger was the Republican Governor from 2003 - 2011. These taxes and fees did not change.
Sure, I’d gladly vote for a Clinton or a Kennedy, but until the next election, we’re not listening—just as you didn’t.
When do you think the next election will be?
Who is "we're"? Keep in mind that more people voted for Harris than Trump in your ci…
Looks good to me. The clients didn't like the new logo. The stock price went down. The old logo stayed; the price went up. Trump just said the obvious.
Glad to see that trump has the time for this important stuff.
@bee,
I owned the fund until a few years ago and liked it. While it was concentrated, I didn’t find it as volatile as other large foreign blend funds, and I remember it having a meaningful allocation to U.S. companies. I sold it because I didn’t wa…
@Observant,
@FD1000,
Recall that the U.S. was founded primarily to gain independence from British rule under King George III.
The founding fathers vision sought to limit the power of the executive branch.
Trump has clearly breached his authority by…
@Observant1, why did you sell River Canyon Total Return Bond Fund RCTIC?
I was looking at Vanguard Multi-Sector Income Bond VMSAX. It looks nice a nice fund, but it had a fairly big drawdown in April (about the same as PIMIX).
I recognize that BS1000 has been a troll who contributes nothing but chaos. Thus, it would be more constructive for the board members to not answer his posting, i.e. don’t feed the trolls.
+1
In its most recent “Monthly Budget Review,” the CBO said that federal spending was lower than it would have been in June because the government made billions of dollars in payments in May that were due on June 1, a Sunday. The Treasury said that som…
Sven's post on the Fireworks Monday thread. Listen to what Fiona Hill had to say about mail-in voting in Russia.
"Here is an interview from Fiona Hill, the former senior director for European and Russian affairs on the National Security Council. He…
@yogibearbull, thank you. In retrospect, I gather Vanguard would not make the ETFs classes of the active OEFs, because they would run into large redemptions in the OEFs.
Oblivious is exactly right. @FD1000 has already identified with not giving a damn if our country is being destroyed as long as he makes money on it. You're right about the propaganda- he and Joseph Goebbels would have a whole lot in common.
Talking …
Another day, more wins:
• CPI says “no big inflation” — sorry to the hundreds of experts who swore it was coming any minute now.
• S&P 500 at yet another all-time high — apparently the market didn’t read their forecasts either.
• DC crime? Natio…
It doesn’t matter whether the current administration contributed 40% or 80% to the ceasefire between Azerbaijan and Armenia. If it worked, that’s worth celebrating. And if it was so easy, why didn’t Biden do it?
Once again:
"Trump was not directly …
A few days ago
"For more than 35 years, Armenia and Azerbaijan have fought a bitter conflict that resulted in tremendous suffering for both nations… Many tried to find a resolution… and they were unsuccessful. With this Accord, we’ve finally succee…
@FD1000,
You are right to be concerned about an incoherent president.
In addition, did you see the size of his swollen ankles?!?! The fake news out of the White House would like you to believe that is chronic venous insufficiency. Baloney.
Can y…
Toyota expects tariffs will cost it $9.8B. I’m sure they will respond by cutting auto prices in USA.
What makes you sure that Toyota will cut prices in the USA?
@Observant1, thank much.
From the best that I can tell, Alan Bond, a frequent guest on Wall Street Week, was last on the show for episode number 2922 broadcasted on 11-26-1999.
"On December 16, 1999, the Securities and Exchange Commission sued N…
Here’s where Walmart prices are changing — and staying the same — as Trump’s tariffs hit
https://www.cnbc.com/2025/07/17/trump-tariffs-affect-walmart-prices.html
Wait a minute, the grocery bill is what? $180 more? I can’t get that car that we have to have unless I pay another $8,000. What? Who do I blame for that? Who do I see about that?
One person
Good article in The Atlantic.
The Wheels Are Falling Off Netanyahu’s Government
https://www.yahoo.com/news/wheels-falling-off-netanyahu-government-110000087.html
"According to U.S. Bureau of Labor Statistics, the total cost to own and operate an automobile averaged a frightening $12,296 in 2024, roughly 30% higher than a decade ago."
The main reason is the fastest inflation in decades we had under the previ…
I learned the hard way with Mutual Discovery that if you hold a great fund for a long time in a taxable account, when the manger changes you can get hit pretty bad, either with lousy performance or taxes. For that reason I am reluctant to build hug…
I do not know but I am 99% certain that CGCV is the ETF version of AMFFF, minus 31 basis points of ER.
There are some differences, at least in the first ten positions on the M* quote page. CGCV holds more cash and has Marlboro (PM) in the tenth slo…
There will never be peace with Netanyahu as the Prime Minister. He needs chaos to stay out of prison.
"The first and last rule of Benjamin Netanyahu’s doctrine of perpetual warfare is brutally to the point: peace cannot and must not be allowed to l…
vanguard mf->etf list only has mf with 'index' in name. probably will be same at others (fidelity 0 fee,...).
what will happen with active mf spawning an etf?
Could they be concerned with redemptions from the active mutual fund and ensuing co…