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.
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. …
The reason congress isn't doing anything in my opinion: They are the ones who are supposed to control spending and waste but they are owned by lobbyist and corporations. They love that Musk will take the heat for them. They can sit back and cry I d…
Yes - The Fidelity lockdown is easy to put on. You can select the account(s). I have 3 locked, but not my CM account which I frequently make transfers in and out of.
Thanks @Mona for posting this.
”We've heard over and over, do not let the political environment sway your investing decisions.”
@Crash - That’s probably great advice for 80-90% of investors - mostly younger and employed - who research shows are usually better off letting it ride…
Well, the (referenced / later linked) 2022 article talks about Russia and China. The underlying message is to avoid investments in such autocratic regimes. If it makes any comparisons to the U.S. I missed it. I agree that investing in Russia and C…
The toughest thing for me to deal with is an unwillingness to pull equity out of the home for major infrastructure projects. At 7% APR or more on a refinance, I’m not willing to bite. But funding major renovations from tax deferred / exempt savings…
”The consumer-price index rose 3% in January from a year earlier, an acceleration from December's rate, and faster than economists had expected.” (Excerpt from today’s WSJ)
Yeah - If sustained longer term, 3% annual would be significant. But nothin…
Jamie Dimon, and now Gatch, have routinely come out against crypto. "Stay invested" but "have dry powder"....I guess "stay invested" is vs. "getting totally out of the market". "Large caps look good; mid caps look good....".
Yup. I wondered too. …
Took cash & short term investments from 10% to 12% of holdings. Added a bit of VNLA to that mix.
Reasons had nothing to do with the markets. Contemplating another home infrastructure project this spring / summer. Hate to stash a large amount…
Is it ethical?
I think not. His every word seems to shake and rattle global markets. Volatility = profit for those in the know. Who else knows about these impending verbal firestorms before they are publicly unleashed?
If any other US president had pulled this type of stunt, they would have hung him on the spot. The words "conflict of interest" means nothing to MAGA, but it should still mean something in a non-fascist society.
Not sure which one we live in no…
”pursues its investment objective by investing under normal circumstances at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of U.S. and non-U.S. companies that Tweedy, Browne Company … believes are underv…
