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.
Thanks, DrVenture.
Equity correlations often go to "1" during market meltdowns regardless of size, style, or region.
Being "greedy" when others are fearful is an excellent trait to have!
"this is money i want to invest with safety and low risk in mind."
You should probably look for a short or intermediate-term fund comprised mostly of investment-grade bonds.
As of 12/31/2025, 91.1% of ICMUX assets were below investment-grade or non…
@DrVenture,
You appear to have a well-thought out plan.
If you don't mind me asking, what signals are used to determine
when a sector reverts to mean and where momentum is heading?
Goldman Sachs’s Top Lawyer Steps Down Following Latest Epstein Documents
"Ruemmler had risen to the top ranks of Wall Street and become a key adviser to Goldman Chief Executive
David Solomon after a storied legal career.
As a prosecutor, she helpe…
I'm not concerned by the fact that 33% of the S&P 500 is allocated towards seven stocks.
The seven companies, however, share similar economic exposures which increases risk.
Current market expectations for these businesses are very high and poss…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1990, junk-bond giant Drexel Burnham Lambert sought bankruptcy protection
only days after Chief Executive Fred Joseph told The Wall Street Journal, “I see daylight.
The worst is behind u…
From Heather Cox Richardson's newsletter.
Bolded text added.
"In a ceremony at the White House yesterday, surrounded by coal industry leaders,
lawmakers, and miners, President Donald J. Trump was presented with a trophy
that calls him 'the undisput…
The DHS spending bill is the only real leverage Democrats have to reign in ICE and Border Patrol.
These two agencies are in dire need of substantial operational changes.
I usually don't support government shutdowns since they're often just political…
Many federal district courts and courts of appeals have ruled against the Trump administration.
When cases are sent to the Supreme Court, the Supremes often rule in favor of Trump.
I watched a few clips of Pam Blondi's "performance" yesterday.
It was a dreadful experience.
My expectations for Ms. Blondi's testimony were exceedingly low—she easily met these expectations.
Many firms requested permission from the SEC to add ETf share classes to existing mutual funds.
With this move, F/M is going in the opposite direction—adding an OEF share class to an existing ETf.
What is the rationale for such a move?
Does F/M pla…
"Warner Brothers may have no choice as if they accept the Netflix deal it'll get
shot down by the government antitrust folks if Trumps tells them to block it."
Donald J. Trump is most likely assisting his friend, Larry Ellison, in the Warner Broth…
The withholding of a large portion of the Epstein files and the method of redaction imply
that the regime is protecting the oaf and his buddies. But Orange is not above the law.
Yes, he was well aware of went on at Epstein's island - I believe he e…
The POTUS is a pedo and we can't even get him impeached. Toxic.
I don't know whether or not Trump is a pedophile.
I do believe he knows much more about Epstein's operations than he has suggested.
Trump deserves to be impeached for his corruption, w…
From Robert Reich.
"It’s extremely rare for grand juries to refuse to issue an indictment requested by federal prosecutors
because prosecutors exert so much control over them."
"Grand juries aren’t like juries in regular trials.
They meet in secre…
AFAIK, no other presidential approval polls can provide the historical context of Gallup's poll.
High-quality presidential approval polling data is needed now more than ever.
Yet Gallup decides to cancel its corresponding monthly poll at this very t…
The FAA said flights over El Paso airspace would be halted for 10 days and then quickly reversed the decision.
The Trump administration blamed the issue on Mexican drug cartel drones.
Multiple news organizations reported that the Pentagon was testin…
But we still don't know who the six are...?
These names were listed in the CBS News article above.
"The six men who were named by Khanna include billionaire Leslie Wexner,
who led the parent company of Victoria's Secret and hired Epstein to manage …
From Markets A.M. newsletter by Spencer Jakab.
On this day in 2000, Pets.com went public.
In an early warning sign that the internet bubble was about to burst,
the stock barely budged on the first day of trading.
Less than nine months later the com…
I find these unlawful actions despicable.
The Trump administration is doing this so that U.S. citizens will question the veracity of the mid-term elections.
Trump fomented an insurrection at the U.S. Capital and his lackeys
initiated numerous court …
Trumped-up charges rejected by the grand jury—a welcome outcome!
The following passage is from HCR's latest newsletter.
"Although the bar for an indictment is so low that grand juries almost always return one,
the Trump administration’s attempts to…
"TGBAX (and later its more aggressive sibling TTRZX) were golden until they weren't."
I owned GIM (CEF sibling) for several years but exited the position a long time ago.
This investment gained just a few dollars—there was obviously an opportunity …
"That doesn't mean that one can't sell them at Vanguard.
Usually if a brokerage accepts transfers of shares it will accommodate sales."
EGRAX/EGRIX cannot be purchased via Vanguard's FundAccess®
but can be transferred to a Vanguard brokerage accoun…
"I would also like to acquire a fund with more of an internationaly focused portfolio
to go along with the two funds I hold there, CGIC & JIVE."
I wonder whether there were better choices for an ETf ticker than JIVE?
Interviewer: What is your …
The net expense ratios for EGRAX and EGRIX are 2.22% (1.30% adj.) and 1.97% (1.05% adj.) respectively.
Fidelity charges a $49.95 TF to purchase EGRIX.
An investor would be slightly ahead with a $25K EGRIX (vs. EGRAX) holding after one year.
A large…
Rep. Khanna Names Six Men Who Were Redacted From Epstein Files
"Some observers have accused the department of over-redacting the files,
while some attorneys for Epstein survivors say the department failed to properly redact
their clients' names bef…
Investing in infrastructure could be profitable in the years ahead due to the state of U.S. and intl. infrastructure.
I've previously considered GLFOX/GLIFX as a way to play this but there was "no room" in my portfolio.
Prof. Snowball is scheduled t…
"Some of the foreign bond holdings seem a bit sketchy lol.
Uganda @ 15.8% fixed, anyone? Egypt at 24.45%."
APDPX/APHPX has long currency exposure to Egypt, Uzbekistan, Nigeria, Iceland, and Kazakhstan.
This fund also has long credit exposure to Su…
Michael Cirami and Sarah Orvin were once portfolio managers for EGRAX.
They now manage APDPX/APHPX which could be an option—I don't know how the funds' strategies differ.
Devesh had a conversation with Michael Cirami a while ago.
https://www.mutualf…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1938, “Fannie Mae” was born as the National Mortgage Association of Washington.
Its mission: To buy and sell home mortgages insured by the Federal Housing Administration.
Creating a liqu…
My two international equity funds had 14.0% and 17.6% allocated to Japanese stocks as of 12/31/2025.
The short-to-mid-term impact on foreign investors will be interesting to watch.
Inflation has not subsided contrary to what was promised early last year.
The current administration insists on a much lower fed funds rate.
This imprudent policy, if implemented, will only exacerbate inflation.
Higher real yields generated by MMKT …
