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.
Investing in SC or anywhere else is your choice.
When someone lags the most famous index in the world, the SP500, they pull out the DIVERSIFICATION card.
Buffett said the following: "Diversification is a protection against ignorance".
[snip]
A fund…
Here's the opening paragragh from a Nov. 2023 WSJ article titled
"Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC."
"A male Federal Deposit Insurance Corp. supervisor in San Francisco invited employees to a s…
looks like PV took a perfectly simple decent to use tool and "improved" it!!
Yes, that seems correct.
As previously mentioned, PV was Morningstar'd! :-(
@yogibearbull
Thanks!
I realize that multiple PV backtests can be executed for funds >10 yr. old by changing start / end dates.
This is suboptimal when compared to running a single backtest from inception date
to prior month end (especially for …
I searched for credit cards with good overall cash-back policies and minimal hassles.
I didn't want to play games with rotating categories, travel rewards, or some other BS.
Show me the money!
I found two good cash-back credit cards years ago (newes…
Just ran a Portfolio Backtest.
It appears that all prior metrics / data are still available.
The web page that lists backtest results is now very cluttered.
In the "old" Portfolio Visualizer, some backtest data was accessed via provided links.
I pre…
Seeing this for the first time - must have changed in the last week.
I dislike the design of the new UI.
I primarily used the Portfolio Backtest tool in the past.
Portfolio data sets were previously listed on the x axis while metrics were listed on …
Started a new position in QLTY.
This will be one of my core funds.
Also added to recent ARDBX initial purchase.
ARDBX has a large opportunity set and the fund has an investment process similar to ARTKX.
This small-cap foreign equity fund has a high …
The Week in Charts (05/17/24)
The most important charts and themes in markets, including...
00:00 Intro
00:23 Topics
00:54 Inflation Isn't Going Away
08:41 Fed Needs to Hold the Line
15:29 Racing Back to New Highs
18:35 Roaring Kitty Returns
27:02 …
New Vanguard CEO Tells Barron’s He Will Lead With ‘the Zeal of a Convert’.
https://www.msn.com/en-us/money/other/new-vanguard-ceo-tells-barron-s-he-will-lead-with-the-zeal-of-a-convert/ar-BB1mrHBJ
Are you suggesting modern-day senators emulate their 19th century counterparts?
https://www.history.com/news/charles-sumner-caning-cilley-duel-congressional-violence
Jeff DeMaso discusses Vanguard's new CEO among other topics.
https://www.independentvanguardadviser.com/a-new-leader-comes-to-vanguard/
"Ramji will have to prove himself at Vanguard, but I'm optimistic about the appointment.
Of course, time will te…
Unrelated but related. News flash. Paid $7.48 for 24/pk of Dasani water bottles and $7.89 for 4/pk of bounty regular size paper towels yesterday at Ingles. Are you shitting me, how does the average schmuck afford this?
No one can say inflation is…
As Yogi alluded to, this is the first outsider to hold the Vanguard CEO position.
I'm somewhat surprised that Greg Davis, President and Chief Investment Officer,
will not assume the CEO position.
Mr. Ramji was most recently BlackRock's Global Head o…
@hank
I've had the Fidelity Rewards Visa Signature Card for several years.
It has no annual fee and it offers 2% cash back on all purchases.
Foreign transaction fees for international purchases were removed last year.
My current APR for purchases a…
I'm in the Seattle area and use State Farm for home/auto/umbrella insurance.
My auto insurance increased over 25% since Jan 2023.
My home policy will renew in July.
Hopefully I'm in a good ZIP code!
Thanks, BaluBalu!
Here's the Portfolio Visualizer Backtest with JEPIX replacing JHEQX.
The time period is relatively short - from Sep 2018 to Apr 2024.
https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=5bYshExt5XmyluRKegSyN8
You did a good job providing evidence of why the SP500 is what most should hold.
Shouldn't an individual investor's circumstances and risk tolerance / risk capacity be considered?
While S&P 500 index funds are an excellent choice for US large c…
@larryB,
I consider multiple criteria when selecting funds.
These criteria include expense ratios, quality of management/analyst teams, investment firm behavior,
trailing returns, max. drawdown, and worst year.
As I approach retirement, there is i…
On a related note, M* recently published an article regarding tech stock dividends.
https://www.morningstar.com/stocks/tech-stock-dividends-are-changing-face-dividend-growth-investing?
Just noticed I received the following email regarding a Dell portal breach.
Hello,
Dell Technologies takes the privacy and confidentiality of your information seriously. We are currently investigating an incident involving a Dell portal, which co…
The JEPI fund managers also run JHEQX which has an inception date of 12/13/2013.
These two funds are not clones.
JEPI is "designed to provide current income while maintaining prospects for capital appreciation."
JHEQX is "designed to provide capital…
Charlie Bilello customarily posted The Week In Charts videos to his own YouTube channel.
https://www.youtube.com/@charlie_bilello/videos
The three most recent The Week In Charts videos were posted only to his employer's YouTube channel.
https://www…
The Week in Charts (05/05/24)
The most important charts and themes in markets, including...
00:00 Intro
00:24 Topics
01:15 Labor Market Cooling
04:18 Bad News Is Good News?
07:31 Will the Unwind Ever Happen?
09:20 The Next Fed Move
13:04 Manufactur…
"Vanguard wants investors to pay more, and at the same time, they’re giving us less. Just as we were learning that fees were on the rise, Vanguard’s technology was frustrating shareholders yet again.
On May 1 — the same day the new fee schedule was …
Is Clare Hart one of the best fund managers?
Dunno but she recently received the 2024 US Morningstar Outstanding Portfolio Manager Award.
"Morningstar Manager Research analysts chose Hart from a list of three nominees who have run investment strate…
TCAF had net assets of $1.4b as of 05/07/2024 according to the TRP website.
Also, Russel Kinnel¹ recently bought TCAF and VYM.
These are the only two ETFs he owns.
https://www.morningstar.com/etfs/2-great-large-cap-etfs
¹ Russel Kinnel is direct…
Dodge & Cox (D&C) is a fine privately owned firm founded in 1930.
Their mutual funds are team-managed and have low expenses out of the gate.
Long-term performance for most D&C funds was good the last time I checked.
I own DOXIX in my 401…
Harry Sit created a guide for transferring Vanguard accounts for those who already decided to leave for one reason or another. Everyone should make their own decisions and many should perhaps stay at Vanguard.
https://thefinancebuff.com/steps-before…
From davidrmoran's post:
"This order has potential for volatile performance and/or significant tracking error and may have higher expense ratios, lower liquidity or higher risk of fund closure than other similar funds in the same peer group."
It's …
