Nope. I own some gold coins for tough times.
In 1984 my father took 10 Krugerrands for payment. Gold was about $600/OZ then. Now its $2600 40 years later.

GLD +12.5% since 7/5/2024 OP.

https://www.sec.gov/Archives/edgar/data/803020/000121390024088378/ea0217674-01_497.htm
497 1 ea0217674-01_497.htm 497
THE OBERWEIS FUNDS
(The “Trust”)
Oberweis Emerging Markets Fund
OBEMX
OIEMX
SUPPLEMENT DATED OCTOBER 17, 2024
TO PROSPECTUS, SUMMARY PROSPECTUS and
STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 2024
IMPORTANT NOTICE
The Board of Trustees of the Trust has determined to terminate and liquidate the Oberweis Emerging Markets Fund (the “Fund”). Shareholders who do not sell their shares of the Fund before the effective date under the Plan of Termination and Liquidation, currently expected to be November 18, 2024, will receive a liquidating distribution in cash equal to the amount of the net asset value of their shares. Thereafter, the Fund will be liquidated and dissolved, and all references to the Fund herein shall be removed.
Effective as of the close of business on October 17, 2024, the Fund is closed and will not accept any purchase orders. In connection with the termination of the Fund and as the Fund’s investment adviser deems appropriate, the Fund will begin the process of liquidating its portfolio securities and shareholders should be aware that the Fund will not be pursuing its stated investment objective or engaging in any business activities except for the purpose of winding up its affairs.
Prior to November 18, 2024, shareholders of the Fund may continue to exchange shares of the Fund for shares of the same class of any other Oberweis Fund. Any shares redeemed or exchanged prior to November 18, 2024 will not be subject to a redemption or exchange fee.
For taxable shareholders, the liquidating distribution will generally be treated as a redemption of shares and such shareholders may recognize a gain or loss for federal income tax purposes. Shareholders should consult with their tax advisors for information regarding all tax consequences applicable to investments in the Fund.
Effective November 1, 2024, James W. Oberweis is the Portfolio Manager of the Fund. Accordingly, all references to the prior portfolio manager are deleted in their entirety and replaced with Mr. Oberweis. In addition, page 22 of the Statement of Additional Information is updated to provide that Mr. Oberweis beneficially owned over $1,000,000 of the Fund as of September 30, 2024. This includes shares held by Oberweis Asset Management, Inc. and Oberweis Securities, Inc., of which Mr. Oberweis is a controlling shareholder.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
For more information, please call The Oberweis Funds at 1-800-245-7311.

I have spent my entire tax paying life in states that constantly send far more money to DC then we get in return and ones that show up here as having minimal transfer income.
It is galling to have folks whose communities already receive massive transfer payments, mostly in Red states, demand more money for infrastructure repair, hurricane relief etc, when they refuse to tax themselves to pay for it.
A factor not mentioned in the article but featured in a very well done piece in the Guardian
https://www.theguardian.com/us-news/2024/oct/17/indiana-medical-debt-parkview-hospital
is how our government, both federal and state has allowed and enabled large health care institutions, both profit and non profit, to game the system, develop monopoly control over pricing and dramatically increase their profits and force citizens to pay the bill.
The article looks at a Large non-profit hospital system in Ft Wayne Indiana, a locale for low cost of living and stable economy, but because this system controls almost all of the health care Ft Wayne has some of the highest health care costs in the country.
Yet one political party continues to demand less regulation. When our government is payer of last resort, we all suffer when these regulations are gamed and bypassed to enrich a few at the top.

Time to move to Vanguard Treasury MM, VUSXX, 7 day yield of 4.85% from 3mo Treas Bills at 4.65% (after today's rise of 2 bps) & USFR?
Fidelity Treasury Only MM (FDLXX) at 4.51% - come on Fidelity.

AAII Sentiment Survey, 10/16/24
BULLISH remained the top sentiment (45.5%, high) & bearish remained the bottom sentiment (25.5%, below average); neutral remained the middle sentiment (29.2%, below average); Bull-Bear Spread was +20.1% (high). Investor concerns: Elections, budget, inflation, economy, the Fed, dollar, Russia-Ukraine (138+ weeks), Israel-Hamas (53+ weeks), geopolitical. For the Survey week (Th-Wed), stocks up, bonds up, oil down, gold up, dollar up. NYSE %Above 50-dMA 75.84% (overbought). Unusually rare positive Sept followed by strong Oct (so far). Then, good seasonality Nov 1 - Apr 30. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/1703/thread

Funds don't make this easy, but it's possible to figure out from prospectus whether a fund accrues dividends daily and pays monthly (from an accrual account), or the dividends are flowed-through the NAV.
In the latter case, there will be some language in the prospectus alerting that the fund NAV will be reduced on ex-dividend date, and possibly to avoid buying the (taxable) dividend just ahead of the ex-div date. If such language is missing, then the fund likely accrues daily but pays monthly - and the NAV doesn't change due to dividend payout on ex-dividend date.
Another way to figure this out is looking at the actual-prices for _TICKER in Stockcharts and see if there are dips on ex-distribution dates.
Most bond mutual funds accrue daily and payout monthly. An example is PIMIX where no dips are seem on ex-div dates (but only market fluctuations),
https://stockcharts.com/sc3/ui/?s=PIMIX&id=p65542786213&compare=_PIMIX&perf=false
It isn't easy to find bond funds that flow dividends through the NAV (most hybrid & equity funds do so). But CBLDX is mentioned, so let's check it out - one can see unmistakable dips in NAV on ex-div dates.
https://stockcharts.com/sc3/ui/?s=CBLDX&id=p04828864147&compare=_CBLDX&perf=false
Another example is USFR (most/all? eTF dividends flow-through the NAV),
https://stockcharts.com/sc3/ui/?s=USFR&id=p67039130505&compare=_USFR&perf=false

d
@ducrow - You are correct that HBLIX is a bit more conservative than LOGIX. It holds considerably more fixed income / bonds and a lesser amount of equities. Both look like decent funds. “Year-over-year” LOGIX is up 21.74% (M*) while HBLIX is up “only” 18.91%. Both have been hot. So how much real risk reduction? Your plan might resemble leaping from the red hot frying pan into the bubbling stew pot. A bit cooler …..
Sounds like the contemplated switch is based in part on the premise that interest rates will continue falling. Maybe they will … Personally, I’m not too sure about that. It’s not the Fed or politicians that will ultimately determine longer term interest rates (a popular misconception). It’s things like government debt-load, inflation, economic growth / recessions, geo-politics (including wars), the dollar on the foreign exchanges and “black swans” like the recent global pandemic. A 10-year bond at just over 4% seems very low to those of us here who came of age in the 70s when mortgages were running 15+%.
I don’t think you can go wrong adding to cash after a couple very hot years. I also like a toe-hold in the precious metals - however they’ve been bid up a lot lately and could suffer a big correction. There’s not much out there that looks cheap to me right now in either fixed income or equities. Use a portfolio analyzer as one gage of where you are on the risk spectrum.
I note you own DODBX. Excellent fund. I owned it for many years before finally selling a year or so ago as part of a “consolidation” of assets under one umbrella.
Re Mike’s remark. if you type a fund’s symbol in capital letters the board’s software automatically highlights it and creates a link to a variety of sources. Good idea. I hadn’t paid much attention to that since I dwell mainly at the M* site and don’t mind entering symbols manually.
Good luck.

"Also I have a quirk when it comes to OEF bond funds. I prefer the ones that pay daily vs. the ones that pay monthly."
I share that feeling because the monthly ones give the illusion of smoother NAV than what the NAV otherwise would be. They do not allow you to see in real time if they are faltering.

M* chart shows you the daily increase even if the NAV is the same and it's a monthly pay. This is how I can guess pretty close what the monthly end distribution will be.

Very few seem to understand daily vs monthly. There was similar situation on FD’s board where there was total confusion in early August trying to figure out the daily decline on one of the CLO ETFs after it had paid its monthly dividend a day or so earlier.
Let’s look at a daily accrual bond fund whose net asset value is unchanged an entire month. You made money because the daily accrued dividends are paid out end of month with no impact on month end nav. On a monthly pay bond fund if the nav is unchanged the entire month you didn’t make anything. Its dividend is paid end of month and the nav is adjusted downward by the amount of the dividend. An extreme example to illustrate my point since it is rare for a monthly pay to be unchanged an entire month.
Edit to the above for better clarity. Let’s say it is a volatile month with bullish and bearish conditions impacting a daily accrual bond fund. The price is all over the place but ends unchanged. You made money - the dividends. On a monthly pay bond fund that is all over the place and the dividends are bled into the nav during the month but it still is unchanged end of month you break even. In no way am I implying a daily accrual fund outperforms a monthly pay. My quirk is I just enjoy making money each and every day of the month, especially 3 day weekend holidays with the daily accruals.
Edit. The above example not applicable to the CrossingBridge funds as they are priced in micro cents daily and you could never see an unchanged NAV day after day. Not sure I have seen bond funds priced in such manner.

Litner, the system forced me to do the sell first.
MSF, I usually sell the whole position, I believe in very concentrated portfolio of just 2-3 funds.
Funds that I see a potential, I sell minus 2 shares per account and why I don't know the final amount.
But, I trade bond funds and in most cases I buy at 99% at "normal" markets. In a very risky market I go to MM and I buy at 95%.
The whole MM business is mostly irrelevant for me because I'm usually invested at 99+%. I trade one fund, not MM, for another fund. This is where Schwab shines over Fidelity where you can buy only 90% and must call a broker. That missing day of just 0.1% in 2-3 accounts can easily be worth at least $1000+1500 per year. This is a major part of my system, and what annoys me most at Fidelity.

As of now, DJT is up 15% for the day. As @hank mentioned, I would look at the betting sites more than this stock price as a sentiment indicator.

@Observant1 +1

have you tried buying, say, PRWCX in the morning and selling, say, $100k of MM later on? or even the equivalent amount from a fund you hold but no longer like, say, VASIX or similar? that's just switching the order from what you do but, again, no problem. and if it's a fund you no longer like, you still have the rest of the day to change your mind and sell something else. i don't know why anyone would use the so-called exchange feature when this other option can be used.

The mechanics may be different for ETFs, but FWIW saying I've bought stock and sold SGOV an hour later and there were no problems at Schwab. I also like that ETFs are tradable in the pre/post-market which gives me added time to 'cover' myself and avoid margin expenses.
(ETFs are also cheaper than Schwab's MMFs, which I appreciate on principle - and principal.)

I have done the following for years at Schwab.
Suppose I have $100k in MM and want to buy $100k PRWCX.
I sell $100k of MM and buy PRWCX in the morning. At night I see the results, no problem.
I

have you tried buying, say, PRWCX in the morning and selling, say, $100k of MM later on? or even the equivalent amount from a fund you hold but no longer like, say, VASIX or similar? that's just switching the order from what you do but, again, no problem. and if it's a fund you no longer like, you still have the rest of the day to change your mind and sell something else. i don't know why anyone would use the so-called exchange feature when this other option can be used.

for me at schwab, i can place an order for anything even if i don't have the funds to pay for it immediately. i am told, before placing the order, that i'll need to have the necessary funds in my account within two or three days (can't remember which). never have to sell MM funds before buying or anything like that. same thing doesn't work at fidelity, at least not for me.

Years ago it was 3 days (T+3). Until recently it was 2 days (T+2). Now it's just a day (T+1).
Fidelity automatically sells your MMFs as needed, as though they were your core (transaction) account. Or you could think of them as "overdraft protection". AFAIK, no one else does this.

@msf If the remaining 5% is still sizeable, rinse and repeat. What do you consider sizeable ?

How much risk and money is important is an individual preference. If I'm moving $100K from an investment to a non-sweep MMF, I'm not going to care about giving Schwab use of the entire $100K for a day. That's roughly (very roughly) $100K x 4% / 400 days = $10. Peanuts to many.
What I personally care about is not the floating of some cash but in being out of the market for a day. If I sell $100K and wait a day to purchase a replacement security, especially if it is a lateral move (replacing one fund for another of the same type), I want that money continuously invested.
Sure, the market might go down in that day and I'd be able to buy more shares. But it might also go up and I'd lose on the "exchange". I prefer to eliminate that market risk. If the market (funds in question) move even 1% in that day, that's $1K that I might lose or make depending on my luck that day. Four figure amounts look like real money to me.
Again, it's a personal matter. I don't like putting money at risk, even with 50:50 odds, if I don't need to. Others don't care about such short term risks. I'm comfortable losing the price of a movie ticket ($10). I'm not thrilled at putting the price of two cross country round trip tickets at risk. (I'm cheap - I book economy, nonrefundable.)

Via Mediaite:
Investors and day traders apparently did not like what they heard from former President Donald Trump on Tuesday.
Trump gave a whirlwind interview with Bloomberg Editor-in-Chief John Micklethwait on Tuesday, during which the ex-president once again promoted tariffs as an economic panacea, slammed the Federal Reserve, gave irrelevant responses, and told his interlocutor, “You’ve been wrong all your life on this stuff.”
The interview began at 12:49 p.m. ET and lasted until 1:53 p.m. ET. When it started, shares of Trump Media & Technology Group – the company that owns Trump’s Truth Social platform – were trading at $32.74 – above the opening price of $32.19. By the time Trump was done taking questions, the stock was down modestly to $31.89 before giving way to a precipitous downward move that saw the price bottom out at $25.16. About 90 minutes before the closing bell, shares rallied somewhat and ended the day at $27.06, losing $5.13 a share for the session. The wild moves prompted an automatic halt in trading on the NASDAQ.

Thanks @FD1000.

My own "dawgs" included ENIC and PSTL, but surely are not limited to those two. I'm sworn off REITS and RE funds. All we can do is to do our due diligence and research and then make a choice to pull the trigger, or NOT. (James Bond, to "Q:" "It's hard to know which, in your pyjamas.") I want to be diversified without being di-worse-i-fied.
TODAY: I took a BCE (Bell Canada) dividend and put the money to work, buying (tomorrow) shares in WCPNX (Weitz Core-Plus bonds) in the taxable account, to grow a dividend stream that can be tapped, without tapping the Trad. IRA. I'll take my usual chunk from the IRA in early January. And I've stopped letting Uncle Chuck reinvest single-stock dividends for me: they do it at their own convenience; they can't be trusted to reinvest with the customer's advantage in mind. If I use such dividends to buy single-stock shares, I'll use Limit Orders. If selling, I've learned from one of you about Stop-Loss Orders. Many thanks. I'm not growing the BCE position because I don't love to pay 15% taxes to Revenue Canada. It's still a negligible amount, and the dividend is outsized. On that basis, I don't mind. If the dividend shrinks, I'll rethink my position.

JEPI was advertised pretty heavy on Morningstar, Bloomberg, CNBC in 2021. and then 2022 happened which sent inflows to the moon on this thing. /investing on reddit had gobs of 20 somethings building JEPI/SCHD heavy portfolios which was interesting.
JEPI's stated benchmark is the sp500 but tries to match it with less volatility. it gets the volatility part right but for probably most of the dollars invested in this thing, its been a flop.
Hopefully people learn their lesson and build a portfolio with these products for the long term but thats not how it seems it goes. people will still pile into good performers and then sell when it doesn't go their way.
see ARKK.