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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?
Thanks @Mark for Lynn's article.
Nice piece @lynnbolin2021. I agree with your reasoning for owning some commodities in a portfolio. These cycles tend to last many years. Question, did you not include DBC/PDBC because of the high energy-oil percent…
Energy/oil prices may not rise at the same rate but since they have risen substantially, I believe that affects every other commodity price, agriculture for example. raw materials, metals. I think you will see costs of finished consumer goods rise f…
@hank, Looks like TMSRX popped today. The first up day in a month(?) Hmm, what changed? :)
Seriously, there may be better alt funds than TMSRX, but I'm not all that dissatisfied YTD. I hold a few alternative funds as a hedge against equity holding…
Hello @Bobpa. I've owned it for about a year. Fit the bill for me. I wanted a balanced small cap fund and this was really one of the only funds I found that fit that description.
As baseball fan mentioned, it does carry some large stocks too, but 7…
@yogibearbull, is the drop in stock allocation just due to stocks dropping in value more so than the other investment categories through January? Or does this suggest a managed effort to change portfolio percentages?
If you are going to overweight a fund @Bobpa, that would be the one in my opinion. Having 50% in 3 balanced funds seems fine to me too, as long as you have some diversification in the other 50% of total. FWIW, in my self managed portfolio PRWCX is a…
The chart Barrons' showed on page 2 of their paper with all those arrows showing where the companies were rated last year versus this year was bazar. The obvious conclusion was a year to year comparison has no meaning.
One thing on the benchmark TBLQX. I compare to it "now" because it has a very similar equity percentage for where I want to be, where I've been the past couple years. The stated year makes no difference to me.
I don't use a bench mark & find my …
Not sure about that @Sven. I think it's a pretty current interview from comments made. He makes reference to "the 10 year treasury being under 2%... been there since last year 2021..." A chart shown on mega cap 8 stocks is dated Feb.4, 2022. This in…
@BenWP, I hold this in a tax deferred account, in an IRA. To be honest, because of this I never even thought about a K-1. It is my understanding I don't include a K-1 when filing. At least that is what I see when Googling: Activity within an IRA ac…
The only question of have ; Is there more fruit to be picked from this tree ?
@Derf, absolutely yes, maybe, no I don't think so.
Commodities have always been known as an inflation hedge. Do you expect inflation? Commodities (especially the energy …
Up this year is commodities, not surprisingly. I'm not smart enough to pick a specific commodity, so my bet has been DBC, a broad basket commodity ETF, up almost 10% YTD.
im looking for a fund that is cautious and will loose less money in a market drawndown.
I hold YAFFX for the same purpose you mentioned. Large value, long history of holding cash and protecting downside.
replying to @hank, "where to hide?"
Not sure it's hiding. More about taking what the market conditions are dictating. Commodities have been known as an inflation hedge forever. I own a "broad basket" commodity ETF, DBC, Invesco DB Commodity Index.…
I think golub1 is correct. The only way to get there is to build your own. But it sure would be nice to have 1 well managed international balanced/allocation fund doing the work for you.
Still unbelievable to me that a 60:40 balanced type fund usi…
Not sure any of these statistical or return "correlations" matter per the original poster's question.
I'm looking for a similar fund which invests in the same fashion and falls into the same Allocation range 50 -70%, but which invests International…
Interesting question @golub1. I take from the responses that there are no International balanced funds let alone anything that looks and acts like PRWCX(?). A few good global allocation/balanced funds mentioned but no international balanced. I wonde…
davidrmoran said, What do you think has happened the last 3mos to underperform those four so significantly? Not that it matters.
I have zero interest in the fund, but I am interested in the answer to David's question (maybe I missed it?). In fact, o…
Both funds are beating their track records as of 12/31 so I don't know what the problem is. If you are watching the performance every day or week, you are doing this wrong.
I own growth and value so I am always disappointed.
Exactly @fundfun. Two po…
@BaluBalu, aren't small cap global, especially small cap "growth" funds that may even hold some amount of EM, inherently volatile? There is no fund that navigates every economic condition, but over time the GP group has navigated better than most. T…
@MikeM : I'm thinking I'm more like a deer caught in the headlights ! Recently made a buy & then a day later looking to sell something else, growth, but couldn't pull the trigger !! Probably should start nibbling ?!
Do you own GP Contrarian ?
Hi…
Interesting 3 weeks, but I would say irrelevant.
:) I'm going to wager a guess here and say over a decade+ of superior management, there may have been a few other 3-4 weeks (maybe months) of underperformance for PRWCX versus peers.
There are si…
This excerpt from a Barrons article today suggests the upcoming FED meeting where the path of interest rate increases may be discussed is the main driver of very recent volatility. Not sure if that is today(?)
Wall Street Is in a Volatile Mood, With…
I'm a gambler too hank. I had a limit order go through this morning to buy a little GS, Goldman Sachs stock. Nice supporting article in Barrons this weekend.
Ivve jusst ducktapd my arns to my boddy so I caaant plaaace anymmmor orderrrs. Harddd to …
Hi @stayCalm. I've personally never heard of SPD, but there was a lot of talk in other threads about JHQAX with it's "puts" hedging format. I own it and an unscientific observation (just me with a calculator on equity up days and down days) is it ty…
I saw that too @hank. Surprised me. You might be right about exposure to PMs, gold and silver maybe. Silver is looking good again today. Be interesting to see if that affects TMSRX again.
I have no stomach for miners, but I do hold IAU, some SLV an…
Added a couple bond funds, PTIAX and MWTRX and index AGG, to Rick's chart for comparison to the alts. CTFAX and TMSRX, 2 alt funds I own, are performing YTD the same as bonds. I guess no surprise.
I was actually looking at my alts and tracked bond…
Just curious, do employees actually lose company match when they borrow within their 401k? I took loans from my 401k a few times in my earlier years but we didn't have matching contributions in those days. I always found borrowing your own money and…
Thanks for the Bills support @Puddnhead. Always the little train that tried harder. If they can get by KC this could be the year.
I'm with you on the 3 stooges. Also my childhood tv watching. Curly was my favorite. Always felt bad when Moe would pu…
The title for this thread is correct--gambling
Precisely Lewis. Why are you changing it? Barrons plays the same game with their round table at the start of every year. It's just for the fun of it. It's not an investment strategy.
