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.
+1
Yeah - The prayer was a turn-off. I’ll say I can’t remember his mentioning that connection with investing very often back then.
I was revulsed at his comment about loads. But understand his larger point about people moving in and out of differ…
@catch22 - Agree. As you know, I dwelt in the Detroit metro / Pontiac area near 30 years. There was an added degree of safety in wearing a cheap wrist watch, a pair of trousers from K-Mart and driving an inexpensive vehicle. There was a common wis…
”That said I hate the trend of going to all touchscreens”.
Yup - That was the issue with the heated seat I mentioned belatedly above. And kripes - be sure you know how the headlights operate before pulling out of an airport rental garage after da…
Have automatic steering / lane keeping (to a limited degree) on ‘18 Accord. Love it. Can’t imagine how great a full self-driving vehicle would be. Not good on really chopped up highways, however, because (mine at least) isn’t intelligent enough t…
Sometimes it’s better to cut bait. I messed with IVZ (Invesco) midway through last year. Couldn’t take the wild gyrations - mostly down. Dumped it fast. I don’t use stop loss. If I have a lot of confidence in something I’ll buy down in increments.…
”Yeah. I think we actually rate 12 different strategies as Gold-rated. It starts with Rick Rieder. He recently received the Morningstar Outstanding Portfolio Manager award. He took over the fixed-income operations in 2010 and has really built a very…
Didn’t fully sink in until Bloomberg aired some images of BBBs with “Going out of Business SALE” signs across the front. Sad. A bit reminiscent of K-Mart. Retail’s a tough row to hoe, Price competition intense. Margins must be slim. You can be on t…
Above all else, SpaxeX is about making money. As proof of that, they’ve raised my Starlink internet price from $99 to $120 monthly over the past 2 years and have begun throttling high bandwidth users like myself. :(
From @sma3 ‘s linked articl…
I read an article about earlier rockets and multiple engines. They scrapped them due to not being able to get them all synced and working at the same time. Getting 33 ALL working together and have nothing fail... good luck with that IMHO. Saturn V…
I’ve flown in and out of Pearson a few times. It’s the only airport where the security folks made me open up my small carry on bag and take everything out of it. (iPad, medications, checkbook, spare socks & underwear). Then the guy remarked “You…
“…. on the trading day after the dividend pay date.” Appears to disprove my earlier assumption . Well, I’ll use Plan B than and just carry the calculated pay-out as a ”cash” position inside the equity portion of portfolio. It’s significant - and …
So much depends on your perspective. These types of investments aren’t intended for everyone. Think of gold as “a hedge against the unexpected.” Almost by definition, “the unexpected” is that which is very unlikely to occur (political chaos, hyper…
I once read an interesting quote about rebalancing, I forget from who. Basically it said rebalancing can be like digging out your flowers and watering the weeds.
Sounds like Buffett was quoting Peter Lynch.
To rebalance or not rebalance? That is t…
Thanks @Sven. The favored app might be characterized as “pie chart heaven” in its ability to slice & dice the day’s portfolio movement. I’d liken it to preferring to sit next to a window flying. There’s nothing a passenger can really do to infl…
Thanks @msf. The tracker that sent the message out last night about problems is the one I’ve often recommended here. First time since I picked it up a year ago that it’s ever skipped a beat. Hopefully, they’ll resolve the issue promptly. Feels like…
There’s a whole industry dedicated to helping us milk the stock monkey. I mean hedge funds, financial advisors, robo advisors, on line gurus like Zacks, The Motely Fool, Seeking Alpha and all the assorted publications. Then there’s the active fund h…
Oh boy, we flew on Southwest 737 last summer. They switched from the long time stable DC-10 to this new plane.
Hi @Sven - The DC-10 is a wide-body type of aircraft, probably closer to the early 747s in size than the 737. It’s very unlikely SW eve…
Got cable? Skim through the hundreds of available offerings nearly any time of day or night to get a read on where America’s deteriorating brains are.
Both sides here are correct in some manner. However if you gave a bushel basket of money to som…
Yikes - Looks like it was prepared by a Madison Avenue Advertising Agency. This is not your grandfather’s T.Rowe Price. (So impressive, I’m thinking of moving all my money back there.)
I appreciate that free of cost I can pull up a stock on Zacks and get their quick read. Rarely does it influence my buy / sell decisions. But doesn’t hurt to look. Met a fella while traveling recently who swore by Boggleheads. I’ve never used them.
@Sven - I deleted one incorrect reference in my previous post. GDX is a gold miners ETF and not representative of funds that invest directly in bullion. However, IAU & GLD are a couple that do invest directly in the bullion (generally less ris…
”Another reason why I generally find worthless the annual/interim discussions of the performance of all stock funds vs indexes”
I’ve found the thread to be far from worthless. I’ll side with @dstone42 who seemed to find much merit. Off-script? Per…
”Our brains are wired to send us immediate signals of fear and reward when we witness stock market volatility. Adrenaline and dopamine rushes cloud our judgment as we weigh the risks and benefits of our options. Ignoring fear or delaying instant g…
I’ll be honest. I don’t think anyone who posts on this active board could handle the boredom of owning an indexed asset allocation or target date fund for the entirety of their portfolio, even if it might be good for our investment health in the lon…
@Sven - Picking up on what Mike said, ETFs that invest in the physical metal are less risky (or, at least less volatile) than funds that invest in gold mining companies. So the metal itself experiences less volatility than a group of mining companie…
Thanks @MikeM - No problem. Just that I’ve tried over recent months not to mention specific trades or holdings. I hope you and the others in PRWCX do well. Will follow the progress.
:) That’s mean @MikeM.
Yes, I pulled out the limited amount I’d had in PRWCX sometime in 2022. Reasons were complex. (1) I had many more opportunities at Fido than when constrained to TRP’s in-house funds in the past. (2) I revamped my portfolio…
”If I own a volatile fund, I expect it to go down more than the market. But I also look for it to more than make up that underperformance on the upswing. And I'll wait that out, unless there are specific reasons for me to doubt the fund or the manag…
@Baseball_Fan - “the endless money train”. Yeah - I’ve seen that reasoning somewhere too. :)
Personally, I try to stay as far away as I can from the major U.S. indexes - but do hold small bit an index fund based on a non-U.S. developed economy. N…
Never invested with Vanguard. From recent posts, customer service has declined over the years - perhaps something more important to post-retirees than the young. And, it sounds like they’ve pushed hard to move shareholders from mutual funds into …
Hold a target date fund for 20, 30, 40 years? Sounds good in theory.
What legal or contractual agreement exists with the sponsor to operate that fund for an indefinite time period or as @Baseball_Fan says to adhere to the same allocations, opera…
