Reviving this thread!
Fund BEARX in Cycle 4(200009 to 200710) had an APR of 11.5 vs some others as listed below
- VBINX: 4.3
- VGSTX: 7.3
- VTSMX: 2.7
I have no idea whether we are entering a period comparable to Cycle 4 but I do believe that we will enter a period of some softness and turbulence ahead with the known headwinds -- rates, war, high equity valuations, etc..
I am considering a position in BEARX. Would love to hear other pro/con views on the same.

Article from today's NYT:
How 5G Clashed With an Aviation Device Invented in the 1920s

@MikeM, a big issue with 401k/403b loans is that they become immediately due if you leave the job for any reason.
Other things are plan dependent, e.g. the plan may not allow contributions while a loan is outstanding, and in that case, employer matching is gone too. Not sure about matching if contributions are allowed - logic says that those should be matched.
https://www.creditkarma.com/personal-loans/i/loan-from-401k

@MikeM - They don’t loose the match (as I recall from family member 30 years back). But they loose the potential invested growth of that $$ - albeit the “borrower” does pay interest on the loan. I don’t know how the government can force the individual to repay it. Slapping on penalties for failure to repay (or placing a lien on his home) would make the individual’s situation more dire.
I can’t prove that any 401K participants have ever taken unreasonable risk with their invested money. (There are of course antidotal accounts.) Logic alone would suggest that:
(1) We know a large number of working age population suffer from gambling addiction.
(2) That shows these people do not manage their available cash / lines of credit responsibly.
(3) It would be illogical to assume that these people who can’t manage day to day finance effectively somehow behave more responsibly managing funds earmarked for 30 or 40 years into the future.
I did find that TIAA-CREF puts the % of workers who borrow at least once from their plan at nearly 30%.
Thanks for joining in Mike.

Just curious, do employees actually lose company match when they borrow within their 401k? I took loans from my 401k a few times in my earlier years but we didn't have matching contributions in those days. I always found borrowing your own money and paying yourself back, with interest, was better than paying a bank that interest. If the loan affects company contributions though, that would negate the benefits for sure.

@hank
>> How many employees have wasted their company match 401 K money by “borrowing” against it in their working years or taking highly speculative market risks with it?
so ... what's the answer? do go on.

I don’t know. Thus the reason I used a ? at the end.

The federal government will be providing free N95 masks early next month in a way that IMHO makes more sense than the way it is providing free test kits.
Instead of N per residence address, regardless of number of people, three masks per person will be provided.
While one will still have to venture outside to get those masks, they will be available at local pharmacies much as vaccines are.
https://www.cnn.com/2022/01/19/politics/n95-masks-biden-administration-covid-19/index.html

Howdy folks,
So typically government. How many years ago did they auction off the spectrum? Duh.
That said, I favor 5G over the airlines. It's more important. Sorry, but we've morphed from transportation to communication. Think about it. It's a continuum. Albeit moving goods and moving busses of data.
I also don't believe the airlines. They're not having issues overseas AND these are the peeps who lied to us for what? 10? 15? years over cellphones in planes.
Nah, roll it out completely. It's more important.
and so it goes,
peace and wear the damn mask,
rono

CTFAX Only down 2.18% YTD Good or bad for a fund with 10% in equities ?
Enjoying the ride, Derf

Perfect:
https://www.cnn.com/2022/01/19/tech/airlines-5g-flights-canceled-explainer/index.html

19th January, 2022: -0.11% today. But worse than that, YTD, about -2.7%. Not too bad. Curious to see what sort of monthly divs I'll get from my bonds at the end of the month. At mid-month, PTIAX unusually paid a mere 2 cents per share. That's way out of the ordinary. My others: PRSNX. RPSIX. PRFRX. TUHYX.

my small-cap is my smallest fund-holding these days. so volatile. no thanks, not anymore. PRDSX. TRP. Quant fund. Down -10.98% YTD.

@hank
>> How many employees have wasted their company match 401 K money by “borrowing” against it in their working years or taking highly speculative market risks with it?
so ... what's the answer? do go on.

The Russell 2000 recently dropped to a 12-month low but it still isn't cheap.
The S&P 600 fared better during this time (and long-term) due to additional criteria applied for index inclusion.
I was never a fan of the Russell 2000 because it tends to include more unprofitable companies.
Also, front-running the index before its annual reconstitution is not uncommon.
Article
StockCharts

+1

Jason Zweig, WSJ
THE INTELLIGENT INVESTOR
"What the Hell, It Is Going Up Anyway"
"My column last weekend, How a Flood of Money Swamped Cathie Wood's ARK, looked at how the billions that poured into the ARK funds might have impaired their returns.
That's an old story, of course. Money has always chased past performance.
Imagine a $100 million fund. It puts $5 million, or 5% of its assets, into a stock that has a total market value of $100 million. If it doubles, the fund gains 10%.
Now say the fund has grown to $10 billion. If it puts $5 million into a stock, that’s only 0.05% of the fund’s assets. Such a teeny holding will have to go up 200-fold to contribute 10% to your return. If the manager wants to make a big bet, it takes $500 million now to put 5% of the fund into one stock -- larger than the entire market value of many smaller companies.
You aren't the same person now as when you were a little kid. Why would you expect a fund to be?
Yet all too many people do. No wonder they buy high and sell low: They are extrapolating an unsustainable past."
So Cathie Woods bought into Tesla and the stock went ballistic putting ARKK on an unsustainable trajectory. So I know, lets attack her credibility, her investing acumen and methods, her personal beliefs, whatever we can think of including shorting her fund. We do that with all the fund managers when we lose our ass chasing performance don't we? It's good to be king. Wasn't ever our own personal faults or bad investing decisions. Too bad you can't close an ETF like you can a mutual fund. At least I don't think you can.

CTFAX, Columbia Thermostat Fund, should have adjusted/increased equities as follows:

Should be up to 25% equities, from 10%.
Rick

@Rick, I don't follow. Your link takes me to the same allocation table they've had on the site since last May, showing the same 10-90 allocation, and that it would take an S&P 500 below 3600 to get them up to 25% equity.
Is there a new table somewhere? If there is, I can't find it on their site.

T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
-
Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-woods-arkk-closes-at-an-18-month-low-as-all-its-holdings-end-negatively
“Cathie Wood's troubles continue as ARKK experienced its most significant one day of capital outflows in 10-months last week, totaling $352M.”

It wouldn't surprise me if many of the investors who recently exited ARKK got in near the top.
Those investors would not have profited from the fund's spectacular 2017 or 2020 gains.

T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
-
Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-woods-arkk-closes-at-an-18-month-low-as-all-its-holdings-end-negatively
“Cathie Wood's troubles continue as ARKK experienced its most significant one day of capital outflows in 10-months last week, totaling $352M.”

Sure: https://nbcnews.com/news/us-news/sports-betting-skyrocketed-pandemic-experts-warn-ticking-time-bomb-n1266518