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.
”Usually, you are correct … “
If folks don’t know, FD has a little difficulty with English - it being a second language. But I need to correct the obvious incorrect statement above.
Should read: ”Usually the point about trading in bull &…
Thank you @Old_Joe for the response. I remain to be convinced that a thread of this nature can remain non-political and non-inflammatory for very long. You already know how I feel. With 90% of all Off-Topic threads currently related to Trump, Mus…
Come on OJ. You know this belongs in OT. :(
And if you provide a “link” here to an off-topic discussion you are well aware it will still be discussed in the investment section due to the failings of “Vanilla” you explained earlier.
Much as I va…
Nicely done @Junkster. Thanks.
”As much as I abhor junk bonds” - Maybe change your handle? How about “Triple A”? / Triple A 1000?
:)
We oldsters all know how successful you have been over many decades plying the junk market, even authoring a b…
Generally a good topic but has low correlation to what markets do in the next 1-4-16 weeks. A trader like me is interested only in what to do now and disregards politics and economic indicators.
There are concerns all the time. My idea is to be inve…
From Oaktree Capital - CLO Myth-Busting: The Top Three Misconceptions
From Wharton - Why Collateralized Loan Obligations Will Not Cause the Next Financial Crisis
From Clarion Capital - Collateralized Loan Obligations (CLOs), which use corpora…
Thanks, Hank. I think of raising cash as a form of hedging.
Absolutely. If there were a big sell-of of equities, that extra cash would be put to work - but probably not all at once. In late ‘08- early ‘09 there was no cash reserve. It was a great…
Good topic. I don’t invest according to the factors listed in the OP (not that it’s a bad idea). But like Yogi Berra said - “It's tough to make predictions, especially about the future.” To a great extent it’s “business as usual” here.
I have tr…
The percentages cited in the story from 2024 are interesting. The S&P 500 bested active management with a 25% gain. I hadn’t realized what a hot run it had.
And a snippet quoted from the referenced article:
”Overall, it wasn’t a shabby year…
”I believe it's unwise to select the "Best Fund Families" focusing on one-year performance.
Consider also that the largest fund(s) may have produced excellent returns (luck?)
while the vast majority of funds in the firm's stable may have greatly und…
I always thought the romance languages like French / Italian / Spanish had a nicer sound. I’d opt for one of them. English is downright kinky to master. Their They’re There / Two To Too.
Will there be an official car? I don’t suppose Toyota has …
Nice post & link @WABC
“Globalization” was, I think, unjustly scapegoated as a cause of lower income workers’ distress in recent years. A lot of these swing voters felt they could help their situation with an administration that imposed h…
I would not overreact to these numbers. The still very high percentage (a record high at last check) of retail investor wealth held in stocks is much more telling. I’m willing to give some credence to the theory among some that the passive inde…
Yes. “Market” could go down every year for a long while. There’s a lot of psychology involved along with the fundamentals. Loss of wealth from a market slide may inhibit consumer spending and further push to the downside.
Market is a very general …
What's the difference between constructing your own "Fund of Funds" and being told by some MFOers that having too many funds is inefficient, wasteful, and self-defeating, as we've all heard here so many times over the years?
d - My response has alw…
Well, if the business jet entered the runway without authorization... good work on the part of the Southwest.
Yuppers. I wouldn’t think that was an easy maneuver at the speed the 737 would have been at.
https://www.nbcchicago.com/news/local/shocking-video-shows-near-miss-between-southwest-airlines-flight-jet-on-runway-at-midway-airport/3682589/
Reportedly - Southwest Pilot to Tower: “How’d that happen?”
DODIX DODGX 50/50 And forget about it. Why not just 100% DODBX?
I wondered the same. I read somewhere a couple decades back that D&C was essentially combining components of DODGX and DODIX to arrive at the correct percentage for DODBX. Might be…
@Charles - You took the words right out of my mouth. My first sentence in the OP: ”Doing so would defy good investment practice as I understand it. There’s a common school of thought that you should select 5 -10 good “horses” (funds) and ride them. …
There are ETFs of CEFs - PCEF, CEFS, etc. Those can be used for benchmarking.
Yes. I had good luck with FOF about a year ago. It looked pricy today so didn’t buy it. Maybe down the road again. Looked at Weinstein’s fund (etf of CEFs) and didn’t b…
Went with 7 different CEFs in the space. ”Obsessive” for sure. Follow these things so closely thought I might as well try to squeeze a little extra juice out of the lemon while at it. Hope others will continue to post with their strategies if the…
Skeet had a laundry list of funds. Might have been around 60 as @Mark suggests. Took some kidding. But I never thought it mattered much how many funds one held. It’s a terribly wide fund universe out there. An organizational / clerical / record-ke…
. While I thought at one time that I was smart enough to do that successfully I learned that it takes a lot of time and more financial skills and knowledge than I had. I also spent a lot of time second guessing my choices. I now let the folks at Av…
”Monday’s future market looks bleak, even gold”
I haven’t looked at gold over the weekend, but my understanding of U.S. equity futures is that they don’t begin to trade until sometime Sunday evening. I may, however, be incorrect in that.
There ar…
I have an “ear open” here, thinking I might gain a better understanding of preferred stocks and also the tax issues in non-sheltered investments. Thanks for the comments.
I thought I’d toss out that the company that provided the promotional piece…
I came across this promotional piece regarding preferred stock investing & purported tax advantages from Cohen & Steers many weeks ago. I have no personal knowledge of the subject. Just passing it along.
I “plan” every day by staying physically fit in case I need to return to the work force at some future time. In the event his high tax policies (a tariff here, a tariff there) throw us into a 30s style depression, I think I could hold up well in …
Last week I added lightly to QLENX, my lone purchase since Halloween. Still don't trust this market one bit but that dang fund just keeps marching.
Halloween is as good a time to adjust holdings as any other I suppose. I’ve targeted the 2 solstices …
'Who controls the past,' ran the Party slogan, 'controls the future: who controls the present controls the past.'
https://www.abhafoundation.org/assets/books/html/1984/24.html
CEFS has done well the past year or so, even sporting the high fees. Yogi mentioned owning it 6 months to a year ago, so I suspect he’s done well. Weinstein comes across as very rational and well meaning when you listen to him. I did own the fund …
Do you ever feel like a stranger in a strange land?
“Stranger in a strange land” - I realize that was a rhetorical question.
Most of us wear horse-blinders to some extent and tend to see things through a very narrow focal point. I have some sym…
Thanks JD - Must have been a different poll I heard a few weeks ago that had him at 53%.
I hasten to add that I’m not predicting Trump’s demise. Just suggesting that there are checks in place and the public has an important role in that process. …
