@fundly. +100. DO NOT LOSE IT. you speak the truth. If you use portfolio visualizer try a 50 / 50 mix of vanguard Wellesley and Wellington which becomes a 50/50 allocation. Its worst year is less than WBALX and the return is much higher. And of course the ER is way less. Or with a shorter history to look at try SCHD and DODIX. @50/50.

Hopefully, the end of this bull market will not be reminiscent of the Stock Market Crash of 1929!
Ed Yardeni states that the economy and consumers are doing well.
He believes there are opportunities available in tech, industrials, financials, and energy.
Mr. Yardeni's "one investment for a diversified long-term portfolio" is the S&P 1500.

I like and own WBALX for the more conservative part of the portfolio. 50/50 and quite conservative. Small 230K AUM. When the s--t hits the fan this should lose less. In retirement I hold the mantra, "Do not lose it " in high esteem.

2/3 in jqua (or ivv or vone) and the rest into 5% Fido mm ?
I am staring at when to put a slug into rsp

I also invest for opportunity...it's been awhile since the 2004-2008 EM Bull market but maybe another region/country takes off ? I'll always own some and see zero reason to comp the performance to the S&P 500. It's comparing Apples to Mandarins... one is entitled to their opionion and whether it's 9.36 or 10 %, still beats Bonds, Cash, CD's despite their inflated yields currently

@sma3,
The warrants they received in the deal are exercisable at $2.50, today’s closing price is $3.40.
I do not know anything about Indymac. If M did not do anything to drive stock price down and further dilute pre-existing shareholders, which some white knights and activist investors have done in deals, I agree this is worth a flyer and I can be persuaded to participate. At what price is an individual’s personal preference.

Fascinating cautionary tale for folks looking at Bitcoin ETFs and thinking "what's the worst that could happen?"
Joe Pinsker and Caitlin Ostroff offer this report in the Wall Street Journal (3/7/2024):

Joe Oathout lost $500,000 on bitcoin from his peak, but he didn't lose faith. Few would have the stomach to hold on after watching a $20,000 investment soar halfway to $1 million in 2021 only to have nearly all of it evaporate."

Good news: he's up to $169,000 (as of 3/7/24). Bad news: that's still down b 65% from its peak.
Much of crypto's surge, they report, came "following a strong urge of buying on one crypto exchange ... it is unclear what drove the rally and what it's sustainable."
Ummm ... my guesses: (1) speculation. (2) no. But that won't impact the behavior of those who need to believe.

Bought a nearly-complete first tranche in CMSpC -- ute preferred trading well under-par, 5.25% div.

Looking at the long-term trend for m-mkt fund assets at FRED, during the ZIRP, the m-mkt fund assets were around $2.8 trillion, the pandemic levels around $5 trillion, then the trend picked up in 2023, and the assets now are around $6.36 trillion. Unclear why the ICI data are a bit lower at $6.08 trillion. It is counterintuitive that m-mkt fund assets are going up in a bull market run.
Personally, my fixed-income portion lately has more m-mkt funds and ultra-ST bond funds than in the long past.
https://fred.stlouisfed.org/graph/?g=1i18j

@Crash, I was confused reading all this and what you said on another thread, so I went looking. In the other thread you said you were transferring the Bruce fund to Schwab so you can cash it out there and buy a different fund. Is that still true or do you want the transfer in-kind to keep it. If cashing it out, I don't understand this to be a problem.

WBALX Weitz Conserv Allocation
Crash, did you come to a final decision regarding WBALX?
Yes. We are moving (T-IRA) BRUFX under Schwab's umbrella, along with the taxable brokerage account and my own IRA. That was not going to be what we originally had decided to do. BRUFX is wife's IRA. After the move, we'll exchange BRUFX for shares of WBALX. It's not going to shoot the lights out, by design. But that's OK. It's about 50/50 stocks/bonds. More tame. That prospects might serve to counteract the volatility of the single stocks in the portfolio. Single stocks = 14% of portfolio now.
Also looking for a seat at the table for (bonds) Weitz WCPNX.

... this may be one heck of a coiled spring if/when rates start coming down and that cash moves back into equities of all types, yes?
c/o: https://www.ici.org/research/stats/mmf
Total money market fund assets increased by $18.65 billion to $6.08 trillion for the week ended Wednesday, March 6, the Investment Company Institute reported today. Among taxable money market funds, government funds increased by $21.56 billion and prime funds decreased by $3.57 billion. Tax-exempt money market funds increased by $658 million.
< - >
Retail: Assets of retail money market funds increased by $15.07 billion to $2.38 trillion. Among retail funds, government money market fund assets increased by $7.77 billion to $1.53 trillion, prime money market fund assets increased by $6.49 billion to $740.23 billion, and tax-exempt fund assets increased by $807 million to $109.08 billion.
Institutional: Assets of institutional money market funds increased by $3.59 billion to $3.69 trillion. Among institutional funds, government money market fund assets increased by $13.79 billion to $3.40 trillion, prime money market fund assets decreased by $10.06 billion to $279.26 billion, and tax-exempt fund assets decreased by $149 million to $10.84 billion.

@WABAC, just curious, how many funds do you own?

Down to 35 In the IRA, and only 27 in the taxable. There are at least 12 funds I would love to cut from the IRA. When the rate environment gets a little steadier, I'll be able to consolidate in that area too.
Stay tuned.

BA stock is up 1.5% today!

Who needs ethics, common sense or a brain, eh?

BA stock is up 1.5% today!

AAII Sentiment Survey, 3/6/24
BULLISH remained the top sentiment (51.7%; high) & bearish remained the bottom sentiment (21.8%, low); neutral remained the middle sentiment (26.5%, below average); Bull-Bear Spread was +29.9% (high). Investor concerns: Elections, budget, inflation, economy, the Fed, dollar, Russia-Ukraine (106+ weeks), Israel-Hamas (21+ weeks), geopolitical. For the Survey week (Th-Wed), stocks were mixed (growth up, cyclicals down), bonds up, oil up, gold up, dollar down. New highs for Bitcoin & gold. The outcome of US election primaries is now known. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/1380/thread

The March 3rd episode of Last Week Tonight With John Oliver featured Boeing.
I watched it on YouTube but it has since been taken down.

Oliver broke the news to his followers in a Feb. 19 post on X (aka Twitter). “I know I usually share a link to our main story here on Mondays, but HBO has decided they’re going to wait until Thursday to post them to YouTube from now on,” the host explained.

https://variety.com/2024/tv/news/last-week-tonight-with-john-oliver-youtube-delay-hbo-max-1235916416/

Time for some long overdue SERIOUS punitive consequences. Will the FAA actually EVER get around to doing its job? You're going to tell me they're under-funded. That doesn't mean they can't prosecute and sanction the company. Boeing has become brazenly shameless.
Or, take the CEO and Board out to the Laurentian Abysmal and secure anchors to them all. Then let gravity do the job that needs to be done.
***************************
"The Laurentian fan or abyss is an underwater depression off the eastern coast of Canada in the Atlantic Ocean. Not a trench, but more of an "underwater valley", it is estimated to be at most ~19,685 feet (3.7 miles; 6.0 km) in depth."

@yogibearbull,
From my following and researching CGBL....The only reason I have not invested in it is because of potential high distributions from its fixed income sleeve (bonds with market discounts) if I were to put it in a taxable account.

If bonds only make up 32% of the CGBL portfolio and it has a 30 day SEC yield of 2.5%, shouldn't the divy's be limited?

So, you don't like M* chatbot Mo? It has been out for a while.
https://www.prnewswire.com/news-releases/mo-an-ai-chatbot-powered-by-morningstar-intelligence-engine-debuts-in-morningstar-platforms-301822115.html

I enjoyed reading this month magazine. I am eagerly waiting for next month's continuation article on Options by Devesh Shah. After you read his Options article in this month magazine, you may want to also checkout his instructive Youtube videos on derivatives -