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.
Seems like the usual drill is for state's and local governments to fall all over themselves giving tax breaks to attract "jobs." That could lead to interesting results at the ballot box.
This amounts to a “massive wealth transfer,” the watchdog tol…
The mind reels at the ways one can parse this headline. Does an engineer have an affair in test runs by trying out a couple of trysts? If they work out does the engineer put the affair into production? Otherwise does the engineer terminate the …
@WABAC, they don't now (check Vanguard OEF-ETF pairs), so won't in future. But for liquid ETFs, prices will be close to NAVs.
Thanks for the education yogi. I always appreciate it.
Why not? And somebody had to be first. That's F/M that is offering OEF TBMFX as a class of ETF TBIL. DFA may be next. LinkedIn LINK.
Would it mean that etf prices would equal the NAV?
Are there even other brands than Heinz ketchup or Skippy Super Chunk peanut butter? :)
No. Of course not. But I don't want to think too much about the company that makes Spam also makes Skippy. :-D
Per the OP:
Mr. Cahillane said that over the las…
I have always been technology-challenged, dating back to programming a VCR. The difficulty I have to make an app work as is should is so frustrating now I often by default decide to no longer even try. But now that I have read the entry above by @…
The oil companies are expected to pump oil, and invest in Venezuela, whether they make money or not.
Nvidia has to give Trump a 25% cut on sales of H200 chips to China.
I'm sure we can think of more examples of racketeering.
Maybe Moderna hasn't …
Good question... maybe check with Moderna, Sanofi, GlaxoSmithKline, or Pfizer on that?
Or Intel, or US Steel, or rare earth miners, or health insurers, or . . .
@WABAC: my sale of about 1/3 of my OSTIX, coupled with your sale of ( I think) your entire position will surely send ripples throughout the FI markets, Hah! I initiated a position in APFPX with the proceeds. The discussions on the « go-to » bond fun…
To be clear, my analogy about cars wasn't about any investment potential, rather my own failure of imagination. It taught me a lesson that just because I don't see the possibilities of technological advancement, that they may great and just over the…
@DrVenture. Cars have changed alot. But how much money has been made on their stock, or that of their suppliers? And think of all the repair chains that tried to sell you a new set of spark-plug wires every time you got a tuneup. Buggy whips.
Not a…
@DrVenture, are trucks on the road also infrastructure? Trains on tracks? Vessels on waterways?
Whatever you call it, I've got it covered in the taxable with GLFOX, GRID, SMH, PAVE, FIW, and AIRR. But I'm not adding to those positions at the prese…
Given the optimistic life span of chips, I find it hard to think of them as infrastructure.
I don't blame Huang for trying. But as we are learning, AI facilities are voracious users of infrastructure rather than contributors to it.
I have a little bit of PFF in the taxable for dividends if they are ever needed. At some point it would be a pleasant surprise if it got back to the price I paid for it in November 2021. ;-)
In the IRA, BBBIX and FGUSX are the foundation. Any oth…
There is nothing wrong with cheap int’l index funds. They provided over 30% total return that cost several basis points. We use broad based developed market index funds as the base. For EM, i prefer actively managed funds for their stock and region …
"Did bitcoin ever get that high?"
I couldn't find satisfactory data which showed the greatest cumulative returns for Bitcoin.
The all-time high for a single bitcoin appears to be within the $126.1K - $126.2K range.
That might get you the broom clos…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1637, “Tulipmania,” one of the first and strangest speculative bubbles,
hit its peak in the Netherlands, with the price of the rare Witte Croonen tulip bulb
up 2,506% in 33 days.
Commen…
In the taxable: Bought a chunk of FSCSX equal to 15% of this morning's market value. Looks like that percentage could drift a little higher by the end of the day. I am in a position to add more if the downdraft continues. When I looked yesterday the…
All of the biz-page ink I've seen this afternoon is going @yogibearbull's way. Worries about over-spending over-investing have receded from view.
The questions I ask myself are how many, and what kind of, companies want to rip out all the stuff th…
@WABAC: from the FAQ section at militiaetf.com
,, The management fee is 1.3%. This is the only part of the expense ratio that goes to Militia Investments. The rest is in a category called “Dividend Expense, Borrowing Costs and Brokerage Expenses on…
You mean like a cabaret show in a casino? Place your bets! Still waiting for the main act to show up, though.
Currently, US equity markets are only a few % off the index highs.
"...you just ain't seen n-n-n-nothing yet."
More like somethin…
Software has been hurt by potential coding capabilities of new chatbots. So, it has become a counter-AI sector - seems counterintuitive.
That's what I'm wondering too.
OTOH. I suppose some of it also has to do with Mr. Market wondering about the p…
PMAIX is a very boring global allocation fund and of the Seven, only has Amazon in the top 25 equities owned. It is one of a very few allocation funds to come out of 2022 in the green. @LynnBolin may own it. I'm pretty sure he has talked about it in…
"I remember Tom Lee as one of the better writers at M*."
Tom Lee is a Wall Street strategist who co-founded Fundstrat Global Advisors.
You may be thinking of Sam Lee who was at Morningstar before founding Severian Asset Management.
https://svrn.co…
@WABAC: I agree about the apparent elevated ER of ORR. The manager posted a very cogent explanation on the Militia Capital website, pointing out that the real ER is in line with other active strategies. Lack of track record for the ETF bothered me b…
@WABAC: I still have large positions in OSTIX and CBLDX; thinking about reducing the former. I could see room for NRDCX given its decent start. For the last several weeks I have been replacing some equity ETFs with ORR, especially on down days. I'm …
Buying VEA on the dip with gradual selling of VOO and PRWCX. Otherwise, we have been adding NRDCX , PYLD, and cash.
@WABAC, we are reducing junk bond, PRFRX lately. Still evaluating OSTIX.
Since I bought OSTIX last fall they've been shortenin…
In the IRA: Sold OSTIX. Proceeds will be split among ALVIX, FMIEX, EISIX, FMILX, and a new position in GLIFX. At the present time I plan to limit my number of equity/sector funds to five. We shall see how that goes. However, reinvesting the proceeds…
The people driving this don’t give a damn about the average investor. They’re saying,
‘This is the biggest pot of money that we don’t have our fingers in yet, so let’s go get it.’"
It's hard to conclude otherwise.
Well. It's not some government bureaucracy that is trying to run our economy. It's our president pulling stuff out of his . . . hat, as his senile moods and grievances strikes him.
The IRA was in the red at .09% on Friday. Players in the green were ALVIX, THOPX, FMIEX, and VNLA. Debbie Downers were EISIX and FMILX, though they weren't the only losers. Several players watched from the bench.
For the taxable, participation tro…
