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?
I don't think it mentions mining funds, just gold. Likely gold ETFs like GLD or IAU. Much tamer than miners. I'm surprised a diversified portfolio like a pension plan wouldn't have something in gold already.
@Derf, the 5% stop is from the ETFs high. If it continues to go up another 20% before seeing a 5% drop from it's high I theoretically keep the gain.
I say theoretically because there is a risky caveat to a stop order. If for some reason the market…
@rforno, what makes IVOL interesting to you. I see it is categorized a TIP ETF. I compared it to the TIP ETF I use, SCHP, and surprisingly IVOL holds 88% SCHP in it's portfolio. It's dip in march was less but over all it under performs SCHP.
I do t…
Oh gosh @Derf, I don't have the guts to do anything "all-in" :) . I'm well diversified through my Schwab robo account and my self managed account combined. I'm really trialing this stop-order idea in my self managed. Basically I sold a chunk of a mu…
Yes, wondering the same @hank :)
I've been in for a while and about where I want to be with percentage. Given everything that is going on in this world, I would expect this trend up to continue for a while.
Prevent defense is a good term for it @Derf.
But's let's turn your comment around, "what if" you are staying out of the market, holding excessive cash while the market goes up (as davidrmoran alluded to) because you just know there is going to be …
@davidrmoran, if you are tentative about owning equity "funds", waiting for that inevitable drop, how about the idea of holding equity ETF's with a trailing stop order? I did this about a month ago with QQQ. I bought a chunk with a 5% stop-sell orde…
I stared the year with FMIJX and SFGIX, 2 long time holdings. Back in april-may I moved all of SFGIX and most of FMIJX to ARTYX. I guess that is my favorite. It's worked out well. Also hold a global fund GPGOX.
I have made that point before also @Tarwheel. Having differing views on politics has always been American. Sharing and using a Bulgarian web site with ties to Russia, a country who has made it clear it is working to cause division and chaos between …
I think you have to look at what is going on with the economy and the FED. One way out of this sky rocket deficit that the FED (and congress) may be forced to implement is to weaken the dollar. Trump has wanted this for a while now. If weakening the…
@WABAC, I was raised a Catholic, 12 years of Catholic schools in fact. I believe this is the reason I am now an Agnostic today. So to your comment, I have nothing to say about what the Vatican says.
I will keep saying this, spreading garbage from a Russian influenced website who's goal it is is to spread chaos and division between Americans and to splinter our democracy is down right unpatriotic at it's core, unwittingly or not. It is every Ame…
But when someone with a particular political ideology posts false articles from a known propaganda web site in a public forum, it isn't just that person's viewpoint that is of concern.
+++LewisBraham. I'll go a step farther... furthering the cause …
From what I have read funding would come from the general fund.
OS, we've seen the stuff you read and post to substantiate "your" facts. Your source is based in Bulgaria.
It's not hard to investigate your sources and if that source is one that you feel represents your thoughts then you are putting yourself out there as a co-conspirator, unwittingly or not.
Funded by / Ownership
The website is registered in Bulgaria…
@Old_skeet, is zerohedge your only source? Seems that way in all the political posts you've unloaded recently. Please try a source with some credibility. This is making you look very bias towards right wing propaganda and conspiracy theories and qui…
A Southern Democrat is a nice phrase for white supremacy in my book. It has nothing to do with the Democratic party of today. You can turn a blind eye to history, but that is the facts of that political segment from the 1880's to the 1960's.
The other good thing for ETFs, in my mind, is you can place a trailing stop order. Like @carew388 I'm also skeptical of this market, especially going into the typical September swoon not to mention what will for sure be a tumultuous election process…
John, you are assuming Buffet made the call to buy Barrick. Plus the end if the 1st, start of the 2nd quarter is when gold took off. No way to tell when they bought. May not have been "half late to the party" as you put it.
from the article:
The f…
Sputnik 5. Got to love it. Quite a jab at US technology. First in space, first to a vaccine.
Wonder if there is a world organization monitoring test results or do we take them at their word.
All about what you are using it for, @Derf. I would use neither of the funds you mentioned as a store for cash which was my intent and the premise of the posted article. Both SPEDX and RLSFX dropped 13-14% during the initial Covid drop. Not a "cash…
I've talked to a few of my ex-Kodak friends and we are all heart sick about this. If anyone knows Kodak's history, management has sucked for at least the last 30 years. This greedy bastard-CEO fits that bill completely.
Not a recommendation to buy, but I put a good chunk of my cash in MNWAX. Little volatility and I hope to make in the 4% range with it. It's classified long/short but I see it as market neutral with minimal volatility. Steady-Eddie in rising and fall…
BRK/B has "finally" started to do quite well since the start of August. I bought it in early April thinking Buffet has always put money to work when markets were down, but he didn't. It's lagged the market until recently. It's always been heavy in f…
Really cool graphics OJ. I wonder if an event where people congregate would be the same risk as going to the grocery store where there may be 50-100 people dispersed around the store at any given time. My county's risk for 50-100 people is 25-43% th…
Them starting an EM fund makes sense to me. Most pundits believe there is more upside for EM stocks going forward. I assume it will have a value tilt like all their funds since that is their forte. That likely means heavier financial stocks I would …
@hank, as my CDs have matured and yield on CDs and MMs have gone to virtually nothing, I've also been changing "cash" into other holdings. But I've been keeping those other holdings on the conservative side. Nothing too speculative. Not reaching fo…
I took some profits from my stake in IAU about a month ago @hank. I guess never a bad thing to do, but I took some profits at 16.5/share. It closed today at 18.8. Oh well... Still IAU is about 6% of my self managed portfolio. I think this bubble sti…
@Sven
...but the outstanding challenges in manufacturing are significant to overcome.
Where did you get that information? You would be surprised at the complexity of chemistry process in making sensitized photographic emulsions and dispersion. And t…
I hold, Leuthold Core ETF, LCR, and it has very little EM in it as of 6/30. It's a pretty conservative balanced portfolio very similar to LCORX. I don't think it holds more than a couple % EM equities. So what they are saying isn't reflected in thei…
Shadow, thanks for the quarterly.
@Puddnhead, I noticed in this read that your dog Duke is now advising Grandeur Peak. :)
We agree with Duke that the first step in any decision-making process should be gaining an understanding of what we do not …
One thing that surprised me when investigating a refi at my FCU, refinance rates are significantly higher than new mortgage rates. What you will normally see advertised on any bank or mrtgage brokerage website is new mortgage rates. For me, I had to…
Trump directed the federal government pile on even more debt to pay for massive tax cuts and spending surged,
This of course is a voting ploy witch quite frankly, both parties endorse to win elections. It's the people who are stupid. They, the gove…
Our local Lowes has no PT decking. Home Depot has a limit for carry out only, no delivery (which limits bigger jobs). I guess I'll wait until next year to replace my deck floor.
@msf, I remember an "Ed" from when I 1st found FundAlarm discussion board, maybe sometime around '06. If memory serves, he was an older gentleman you made thoughtful, knowledgeable comments. I remember he did not want to make the transition from the…
