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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
@BaluBalu, I just moved my State Farm policies, 2 cars and my HO. I was with them for 10 years which really is a big mistake in the insurance game. Went to an independent broker a friend recommended who deals with several companies. Ended up saving …
Dan, they tell you on the fact sheet when the first call date is. Most of the time, from my experience, it is 6 months from purchase and 1-month intervals after that. Go to the fact sheet and go all the way to the bottom to see.
Put a good chunk of cash into a 1-year JPMorgan Chase CD at 5.5%. The cash was making 5.17% in the Schwab MM so a small upgrade. Yes, it's callable, but good for at least 6 months.
Put a little play money into COM (DIREXION AUSPICE BRD CMDT STRG E…
What else is working over the past month is commodity funds, agriculture specifically (DBA), but commodities such as gold, energy and others seem to be zigging when the general stock market zags. For momentum followers, is commodities the place to b…
Rest in hell, OJ. A coward even to his death bed.
I don't need to watch a 'special' about the trial almost 30 years later. The trial had more to do with the contempt and distrust the black community had for the LA police department more so than the…
I'm actually amazed how easily UConn handled every opponent, even Perdue which had to be one of the top 5 teams in the tournament. Repeat champion says a lot for that program and that coach, Dan Hurley.
Rumor-mill has it Kentucky wants Hurley as t…
@Tarwheel, I've had multiple CDs called since it was my preference to get higher return as long as available by buying callables. Different philosophy then everyone else here, but I figured the reason for re-calls would be the same reason to start i…
Hope you got to see something @Devo. Cloudy day here in Rochester. No sun or moon to be seen. Got pretty dark for a minute or 2, but that was the extent of our celestial experience.
"South Carolina". I watched from start to finish and besides the quick start Iowa had, I thought they were out matched in athleticism and size all game. And that big girl SC has, Cardoso, was a monster in the middle. Iowa couldn't get a rebound. Con…
I like GONIX+QDSNX/QDSIX, but prefer QDSIX right now.
What's the key word in this sentence? "Right now".
If you compare these alternative funds to other more traditional equity funds you own, they are either going to look real good, or look bland …
@fred495, to add to the conversation and add to your post, which I think is a good one, I'm wondering if others, especially those near or in retirement, own or are looking at alternative type 'absolute return' funds in their portfolio. I actually li…
Not to quibble, but I notice "absolute" is used in many different ways on this forum. Absolute return, absolute value, absolute total return. I've seen David's description on PVCMX as absolute value. It is still measure against the SCV benchmark.
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PVCMX is "absolutely" nothing like QDSNX, is it? I don't see how they can be compared. PVCMX is a small cap value equity fund that, when it can't find value, puts it's money into cash. QDSNX is a kind of a black box since it has the components to go…
I can't help in filling in the funds detail. I've never bothered with AQR funds, basically because they are such a chore to understand - for me. "Absolute returns" in their case really means you have to "absolutely" put your faith in their managing …
Wouldn't it be nice if the default for these credit rating agencies was to lock the accounts, and only be opened, temporarily, at request? Seems like that would be a fraud deterrent.
That Perdue big man, Zach Edey, was a force. It was nice to watch inside domination by a player, like the old days, instead of the new game of the 3-point barrage. Hot hand wins the game.
I'll be cheering for State over Perdue next weekend but I ha…
@linter, fwiw, I have money in 3 brokerages, a traditional IRA and Roth IRA with Schwab, an HSA with Fidelty and a 401k with Merrill Lynch. I would dump Merrill if I could, but that is where I hold PRWCX and I don't want to lose it. TRP was the long…
Personal summary/note: one doesn't need to be excessively involved in a complex portfolio to have a decent return over time.
Agree @catch22, though it's more fun thinking we are actually steering the ship :) Often investing reminds me of my grandson…
NC State has come out of no-where to win the ACC tournament and now deep into this tournament. Clemson wasn't great either all year, but they both got hot at the right time.
Sorry, but there is more to a manager's job than "only" following "time-tested valuation disciplines". At some point, there is a huge loss of return, over time, using this philosophy only. I'm not a fan of a manager who says they can't invest becau…
Seems Gonzaga is in the hunt every year and I generally cheer for their basketball team, but I couldn't tell you if Gonzaga is named after a town or a person or, what? That's how much I know about the school itself. Against Perdue - Go Bulldogs. It …
@MikeW, fwiw, my 401k moved from TRP to Merrill last year. VUSXX, Vanguard Treasury Money Market Fund is available to me. A quick look says it has a 7 day yield of 5.29% right now. Merrill's 401k is pretty limited in options (VUSXX is my only mm ch…
How apropos. The word for "truth" in Russian is "Pravda". Now a candidate for the presidency of the US uses the same name as a Russian state run communist propaganda newspaper from the past. I'm old enough to remember the 'red scare' and that the sp…
@sma3, that rule of thumb, 5% return for a 1% drop in rates, may be the case for a 5yr T-bond, but not necessarily for a bond "mutual fund" which includes total return, (yield + perceived value), right? I mean, even with no drop in rates to date, a …
Looks like my Syracuse Orange will miss the big dance again and end up in the NIT tourney. I so wish they could go back to the glory days in the Big East. They just can't compete with the big boys in the ACC. What top recruit in their right mind wou…
It was 12% of my bond holdings. Now I need to figure out how I want to rearrange the chairs on the bond deck
@WABAC, DSEEX is an equity fund following the CAPE process, isn't it? What am I missing here?
Agree @WABAC. I was just pointing out the chatter that CD's were called once in a lifetime investments that you would be crazy to miss out on and that bond funds could never return those CD numbers. Maybe you don't remember those posts, but I do. Bo…
Adding to Pressup's comment: The adulation for CDs is turning into lost opportunity cost in hindsight. Not the once in a lifetime proclaimed by some. Take a MFO favorite RSIVX bond fund for example: up +9.3% the past year. 3.4% in the past 3 months.…
...see zero reason to comp (EM) the performance to the S&P 500. It's comparing Apples to Mandarins... one is entitled to their opinion and whether it's 9.36 or 10 %, still beats Bonds, Cash, CD's despite their inflated yields currently
I agree w…
I want to thank everyone. I haven't read through all yet, but I did want to acknowledge @lynnbolin2021 for his nice managed-ETF article. Nice to see all those funds compared in a few charts. I have definitely been moving more and more towards manage…
