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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?
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…
@Crash, I was confused reading all this and what you said on another thread, so I went looking. In the other thread you said you were transferring the Bruce fund to Schwab so you can cash it out there and buy a different fund. Is that still true or …
Carrying individual stocks is a high-risk game. If it's dividends you're after, there are plenty of lower risk baskets of dividend stock ETFs to use. Scwhab has a very good one, SCHD. Just my 2-cents.
Thank you everyone for your ideas, input and links. My retired robo money should be available for investment by end of week. I'm still leaning towards adding heavily to my existing CGBL. Another healthy portion may go to LCR or LCORX, but as pointed…
@Crash, you are right. My patience bordered on stubbornness, hoping that a professionally run portfolio was the way to go. I did make the move today to move that remaining robo money to my self managed account. Takes 5 business days for the transfer…
Of course this assumes the Commies learned their lesson in the last few years that to run a modern economy you have to lighten up on market manipulation.
Yes this is the crux of the China investment problem. China isn't investible until their govern…
My overall is up around +2.3% YTD, slowly creeping up. Can't complain (but I will in the next paragraph :) ). Schwab says their 'moderately conservative' benchmark portfolio is up +1.3% YTD. Another bench mark I compare to is the TRP 45% equity reti…
Not sure why he called his portfolio “garpy”
@Sven, I think he made the case very well that most of those companies (Microsoft, NVIDA, Amazon) are growth-at-a-reasonable-price given they will lead the way for AI in coming years. Sounds "garpy" to me…
Shutdowns or the possibility of one have become so common that I'm not sure it will affect the stock market much at all. I think the market knows its theatrics and political posturing.
How many times has this happened?
There have been 14 shutdowns …
@Crash, from our friendly Schwab Research tab :) . Right next to this data it shows RSI which I think you like to look at, at 43, possibly in buy range if that is something you want to consider.
ET as of 2/23
Next Dividend Payment $0.121
Next Pay…
I have to admit, I looked at your post @Crash while I was at Panera Bread, drinking coffee and reading the Barons paper. I started to laugh.
Now that I'm home, I logged into my Schwab account, clicked 'Research' at the top of the page, clicked 'M…
There are a few high flyers out there. SMCI, Super Micro Computer Inc for example. If not moving markets, this stock seems to be moving the ETF XMHQ (Invesco S and P Midcap Quality). It's XMHQ's largest holding and is up ~208% YTD. This ETF has been…
Glad it worked out @Crash. Personally, I like the idea of a branch office in the neighborhood. Yeah, you have to schedule an appointment, but face to face conversations just appeal to me. I used to set up a talk with my contact guy once or twice a y…
Thought I'd bring this fund up again. I bought into this hedged equity fund, PHEFX, back in Dec. JHQAX is one of my larger holdings so I thought I'd compare return so far.
...............YTD 3MO Inception 7/6/23
PHEFX 5.0% 10…
@Crash, above from yogi. There is a link that might help. There seems to be a difference between a transfer and a roll-over. But they will explain more I'm sure.
Yogi, I think this is saying what I said. I "rolled" a 401k to an IRA. Funds were not transferable. A "transfer" would be moving an account of the same kind to a different brokerage, example, IRA to IRA. In that case funds are transferable.
Am I wr…
Just a heads up @Crash. When I transferred my 401k from TRP to a Schwab IRA back in 2014, Schwab told me they didn't allow transfers in-kind. Meaning all the money went to cash and I had to buy funds again. That is actually the reason I kept a sizea…
Appointments are a pre-requisite. Just walking in, even as a customer, will get you nowhere. And I have read that my downtown branch will NOT ACCEPT CASH???? WTF.
:) :) :) , sorry crash, that makes me giggle. I think your mind is stuck in a differe…
I wouldn't be surprised if the market drops back another 5-10% from today. Heck, the S&P 500 is still up ~15% since the start of Nov. If I buy anything it will probably be adding to balanced fund CGBL, Capital Group Core Balanced. A limit order …
Your best fit is…
Establishment Liberals
… along with 13% the public
I would have thought I fit into a majority, not a 13% segment of the population. Interesting.
