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.
Although the context in which I heard the following comment was not investing, it seem apt here: It’s OK to look back at the past, but don’t stare. I find it a helpful maxim to apply when I experience intense regret.
@hank: you’ve discovered the secret sauce with which to promote your new investment advisory service. I fear you and I are of the age when we would shun making the service a podcast or a reel. Why the human voice speaking prose needs tinkling music …
@sma3: I grew up 10 miles from New London. My father’s small company built wooden boats by hand using skilled craftsmen. After the Nautilus was launched around 1955, Electric Boat (now part of General Dynamics, I think) as a defense contractor could…
Interesting analysis in today’s Times suggesting the rebellion was really a sign of the increasing weakness of Mr P and his Wagner Group. Does not sound as though he is gaining power, but losing it.
https://www.nytimes.com/2023/06/27/world/europe/…
@davidrmoran: I had never heard of RWGV, so I searched and found a chart on effrc.com that traces the fund’s AUM as they rose and then fell precipitously until, quite literally, there is an ominous flat-line as if the fund pulse resembled the vitals…
I think @Sven’s latest posting this thread points to the difficulty in knowing exactly when Giroux’s OEF bought and sold its non-equity assets. Many of the commentators here speak of the effect of those assets on overall performance, but what we out…
The reporter (maybe David Pogue ex-of NYT) said during Here and Now yesterday that the submersible is "controlled" by a video game controller. Good grief! By transporting the sub on another boat, then launching it in international waters, the compan…
Decent reports on NPR today. Had no idea these thrill seekers paid $250K person for the trip. Reporter said he’d been aboard in the past and trips often had major glitches, rarely delivering much time below seeing the Titanic.
I think it’s hard not to feel more bullish while the Nasdaq rises faster than the other major indices. The problem is figuring out if it’s a temporary phenomenon. For my part, I have dialed back on value (esp. COWZ) and put proceeds into growth (CGG…
The tales above regarding the medical profession are horrifying. Our youngest daughter is in med school and I am concerned for her future.
On a lesser scale, but completely in keeping with the topic of the evils of Private Equity, the Chapter 11 fi…
The preliminary list of holdings in TRP link above looks like a plain vanilla USLCG fund to my eye. In the event, Schwab is not trading it as of 1:09 PM EDT. The holdup is due to one of our enthusiastic MFO traders who is tying to buy all 500,000 sh…
@yogibearbull: I admire your work from which all the members here benefit. I also wonder how you get all these data and links out so well and so quickly. The answer may lie in your experience with your new dishwasher. From my reading of your tale I …
I have switched my default search engine to DuckDuckGo and it is working fine. I do have a query about the DDG browser that some of the members have mentioned here and elsewhere. I have used Firefox on my devices (iMac, iPad, iPhone) for as long as …
@LewisBraham: I had a similar reaction as you to the Barr comments. On second thought, I asked myself, “When has DT ever paid any attention to legal advice?”
The day last week it was reported that Phoenix may limit housing tract permitting, water ETFs (PHO and FIW) jumped. I have owned the latter through thick and thin since 2018. SPY has returned about 55% for those 5 years, while the two water funds ha…
Yes, @Mark, that would be quite a development. Such a market move might get folks on the board to talk about equity funds (as opposed to interest rates, CDs, treasuries, and MMFs).
@Derf: your Camry experience shows me that cars really have improved in this century. I sold a 2007 Honda Odyssey at 113,000 miles with its original brake pads and rotors. Unfortunately later model Odysseys are equipped with thinner brake rotors to …
I have not bought a dishwasher in some 15 years, so I may be out of the loop. Bosch, and other European brands, did not have a built in garbage disposer or heated drying, these being American features as I understood it. You are right about the inna…
I had a similar experience with someone impersonating a friend of mine. My friend had warned her contacts that her email account had been hacked, but I still thought the scam was legit. In this case the fraudster tried to get me to purchase an Amazo…
@davidrmoran: one aspect on the increases in food prices and the loss of small grocery stores that this article does well to highlight is how « deregulation » during the Reagan administration had such a negative effect. I mentioned what I had read t…
@WABAC: thanks for your reply. During the relatively short time I have been invested in or following the Cambria funds (in my case SYLD, EYLD, and FYLD) I am struck by the streakiness of their performance. SYLD is hurting this year (down 6+%) after …
I believe CCOR has been mentioned by Lynn Bolin in his articles about conservative funds for declining markets. I followed it but never bought it despite its solid record until 2023. It holds large dividend payers while writing options on equity ind…
Very helpful numbers, @Observant1, on the two versions of the FMI fund. I don’t know IHDG, either, but it is called WisdomTree International Hedged Quality Dividend Growth Fund, so I made an assumption.
@WABAC: can one assume IHDG has outperformed this year due to currency hedging? Foreign exchange adds another layer of risk to international investing, as @davidrmoran pointed out not long ago in a link that supported the view that a domestic portfo…
@MikeM: our TDA accounts (representing quite a small percentage overall) are going to Schwab this weekend as a result of the buyout. Some time ago, I moved my Roth and a brokerage account to Schwab and would have moved the others sooner, but Covid r…
@rforno: you are quite right about the number of new ETFs that should never have seen the light of day and which merit no recommendation. I have browsed a couple of the ETF-dedicated sites and quickly realized that what passes for news is no more th…
@bee: you are very kind to suggest I might be capable of opening a new web site devoted to ETFs. I would need a cast of volunteers to do the real work as well as a minder to prevent me from buying every can’t-miss ETF that will surely come along. Ho…
@MikeW’s question about an ETF to be managed by Giroux reminded me that more and more mutual fund providers are getting into ETFs, sometimes creating very attractive vehicles managed by successful OEF PMs. @TheShadow keeps track of a lot of these ne…
I hold DIVI for international LCV coverage. It’s done very well compared to its peers in 21, 22 and this year. Recent performance is more meaningful because the fund changed during this period to a M* index, the Morningstar® Developed Markets ex-Nor…
Also in the category of FWIIW, Jim Cramer whooped up SCHW on his show tonight, a segment I caught by accident. Our family has a handful of accounts at Schwab, so the presentation (loudly shouted) piqued my interest. The stock is down almost 38% YTD…
You are right, @MikeM. @shipwreckedandalone started a thread on CGDV in March 2022 and @yogibullbear linked the announcement of the Capital Group new ETFs that same month. @rforno expanded the discussion this year. Thanks to all.
Thanks @WABC. I find that DIVI and MOTI have a 42% overlap, way more duplication than I had thought. Further looking shows only 6% of AUM in the two funds constitute overlap, so less duplication than suggested by just toting up the number of stocks …
I would add to CGGO (thanks to @MikeM) and MOAT.
FWIIW, the Capital Group continues to roll out active ETFs, both equity and fixed income, that have a seeming chance of doing well. CGGO, CGDV and CGXU certainly have performed well during their shor…
