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Thanks again for the many comments, this board remains an excellent source of knowledge and opinions. I've yet to make up my mind about buying a few shares of IBIT but I'll continue to watch it for awhile.
Happy Thanksgiving!
Many thanks once again for the many excellent suggestions in this thread. My parents decided to buy some OSTIX and AMLP to hold in their taxable account.
Thanks!!
I forgot to answer this question - These income producing investments that my parents are considering adding would be held in taxable accounts. Thanks! :)
Thanks msg, rforno, Graust and catch. Excellent food for thought from everyone on this thread, thanks to everyone for your help! I'll let you know what my parents decide to do. We need to study these options some more before making any decisions…
Thanks Hank and rforno! My parents have also been unhappy with RPSIX, which is one of the reasons they wanted me to post this question on MFO. They want to know what else is out there ...
Thanks for the comments.
My parents currently own HABDX and RPSIX and are looking to add individual stocks and/or funds with hopefully higher yields. The objective is the 60 - 40 portfolio with 60% in stocks and 40% in bonds/income producing inves…
Semiconductors continue to outperform as they have for the past decade. SMH, SOXX and FSELX are good options for investing in this sector. SMH and FSELX have a large % of their funds in NVDA whereas SOXX has a more balanced portfolio. Semiconduct…
Thanks for these comments! The almost 12% current yield looks appealing, but for how long? Excellent article Mark, thanks. My parents do own some treasuries and hopefully they'll buy more. A risk free 5% looks great.
Thanks!
I bought a very small amount of SMH (VanEck Semiconductor ETF) and plan to let it sit for many years through the inevitable ups and downs. Also added to SHGTX, FSMEX, FSCSX and MSFT and I'll likely add to these positions if the market continues to …
I'm surprised that an article from ZeroHedge made it on to MFO. ZeroHedge is well known to be a vile Russian troll farm spouting all kinds of far right rhetoric and lies to further Russia's objectives. I'm glad that others on this thread have also…
This article about ASML is on today's (Nov. 24) CNBC website:
https://www.cnbc.com/2021/11/24/asml-the-biggest-company-in-europe-youve-probably-never-heard-of.html
Two weeks ago I called Vanguard for help with an inherited IRA. I was then bounced between four different customer service reps which led me to hang up after 90 mins. Same thing happened the next day. Two days ago I called at 9 am and was immedia…
These requirements seem to vary from bank to bank and perhaps state to state.
I'm in Ohio and last week had some documents stamped with a medallion signature guarantee at a Fifth Third Bank branch. I simply walked in, saw the branch manager and …
I'm a young whippersnapper compared to most people on this board (38) so I'm willing to take on more risk than most others here. My largest holdings are:
AAPL
PRGTX
PRMTX
MSFT
WAMCX
I'd like to include AMZN as a holding but it's well represent…
I have to agree that investing in mutual funds seems to have a generational divide with younger people not so interested in funds, instead preferring the fast bucks that possibly come with trading individual equities. I'm in my late 30's now (geeze…
Wondering if buying some MJ ("Alternative Harvest ETF") makes any sense. Dispensaries seem to be busy and the market is continually expanding.
@JD_co - MJ is incredibly speculative. The cannabis industry isn’t a national industry but is state b…
Nobody I know in my age group (mid 30's) drinks hard liquor, it's all beer and wine. I have a number of friends who can endlessly detail the tastes of various kinds of craft beer, much as everyone on this thread has discussed scotch.
It will be …
I’ve suggested WAMCX in a couple of recent threads, which of course means that I’ve likely jinxed this fund to a future of mediocre returns from now on ... :)
@soaring - PRGTX, PRMTX, WAMCX and AKREX have all been winners for me. FCNTX is a fund my parents have held for decades and are really pleased with it. WAMCX is closing to new accounts on 9/11, here’s a recent MFO thread on its closing:
https://m…
@WABAC - "I understand that some people enjoy "debate." But I am pretty sure that there are rules for that to keep it from looking like the primate house at the zoo."
Thanks for this metaphor, it's the most hilarious thing I've read in months!! :)
This article further explains this “national emergency”:
https://www.washingtonpost.com/opinions/2020/08/13/trumps-attack-postal-service-is-now-national-emergency/
The Postmaster General (Louis DeJoy) is a recent Trump appointee and Trump ally. He has never worked for the USPS (unlike the 4 previous Postmaster Generals) and has been a generous donor to Republicans. At the time of his appointment he was overs…
I completely agree with the comments about the lack of leadership.
"Weak leaders praise themselves and criticize others. Strong leaders criticize themselves and praise others" - Adam Grant, Organizational Psychologist, The Wharton School