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After rono posted a number of weeks ago I bought 30 shares just for the hell of it. It gets really boring with everything in CDs, Treasuries, and MMKTs.
So far ahead $326 on SLVR, and $272 on SILJ. Both have been up and down- fun to watch.
After rono posted a number of weeks ago I bought 30 shares just for the hell of it. It gets really boring with everything in CDs, Treasuries, and MMKTs.
So far ahead $326 on SLVR, and $272 on SILJ. Both have been up and down- fun to watch.
It might be tempting to overload my boat with equities, but I just can't bring myself to do it. With wife's IRA and the MMkt, we hold just 10 positions; five are OEFs and a single ETF, which offers international exposure, along with single-stock BLX. We are the slightest bit leaning into stocks, at 53% of total. My priority these days is good-looking stocks that offer dividends. The fun part is spending hours looking at performance and risk statistics for future prospects. I'm picky, more than I used to be.
It's a strange world where the indexes are setting records and VEIRX is beating SPY YTD and over 12 months, and FMIEX is beating QQQ over the same time frames.
Speaking of the 500, I have to go back 10 years on my watch list to see SPY crack the top 15 funds on my watch list. Now where would it have been without the MAG 7, and FAANG, and tech? I'm not smart enough to do that kind of figuring.
I could look at SPXT, but that still includes Amazon, two flavors of Alphabet, and Meta currently in the top four spots. It only goes back 10 years. Over that time frame it has returned 11.2%, and VEIRX has beat it. So have a lot of other funds.
If I go back 15 years SPY is only in the top 11 funds, and it has a lot less competition. What's holding it back? My guess is the competition is doing a better job of picking and weighting tech, and tech adjacent stocks. Of course there is also BBLU, which might be winning through the old sports formula of addition by subtraction. M* includes the performance of BBLU's OEF predecessor in some cases, but not all.
The tech slide appears to finally be here, taking some air out of that sector.
Energy and energy servicing, and even manufacturing, is getting hit too. Which often foretells economic weakness. Are these Dow tops, suggestive of a rotation away from tech/risk? A defensive repositioning?
My best performers today are fast food (YUM, YUMC), consumer defensive (PG, WMT) and stalwarts like JNJ (healthcare).
It is healthy to see value stocks are making a come back. Broadening out to the other 493 stocks is beneficial to the market. S&P500 index has over 30% in tech today. A much higher weighing than the historical weighing. Two of my three defensive sectors are doing well: utility and healthcare, and consumer staples is lagging.
In additional, international value stocks are outperforming growth stocks, and that is quite a turnaround for many years.
@crash, we like to have a balanced portfolio, 50/50 stock/bond allocation. Getting a modest return above inflation is good enough for us. Besides we like to sleep well despite this year’ turmoil and chaos.
Comments
After rono posted a number of weeks ago I bought 30 shares just for the hell of it. It gets really boring with everything in CDs, Treasuries, and MMKTs.
So far ahead $326 on SLVR, and $272 on SILJ. Both have been up and down- fun to watch.
I applaud your success!
Speaking of the 500, I have to go back 10 years on my watch list to see SPY crack the top 15 funds on my watch list. Now where would it have been without the MAG 7, and FAANG, and tech? I'm not smart enough to do that kind of figuring.
I could look at SPXT, but that still includes Amazon, two flavors of Alphabet, and Meta currently in the top four spots. It only goes back 10 years. Over that time frame it has returned 11.2%, and VEIRX has beat it. So have a lot of other funds.
If I go back 15 years SPY is only in the top 11 funds, and it has a lot less competition. What's holding it back? My guess is the competition is doing a better job of picking and weighting tech, and tech adjacent stocks. Of course there is also BBLU, which might be winning through the old sports formula of addition by subtraction. M* includes the performance of BBLU's OEF predecessor in some cases, but not all.
Energy and energy servicing, and even manufacturing, is getting hit too. Which often foretells economic weakness. Are these Dow tops, suggestive of a rotation away from tech/risk? A defensive repositioning?
My best performers today are fast food (YUM, YUMC), consumer defensive (PG, WMT) and stalwarts like JNJ (healthcare).
In additional, international value stocks are outperforming growth stocks, and that is quite a turnaround for many years.
@crash, we like to have a balanced portfolio, 50/50 stock/bond allocation. Getting a modest return above inflation is good enough for us. Besides we like to sleep well despite this year’ turmoil and chaos.