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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
>> the game is infinitely more interesting if we dissect the fund - looking for the reasons the fund has worked so well
This for sure, plus the uncovering of worthy new stuff. Good forum in those regards. I myself think this particular fund …
If you don't want responses, don't post. Most of us never note that our given fund is down seven-tenths of a percent in a day compared w/ some broad index, or if we do, we just chalk it up to some individual holding (perforce).
All remarks welcome…
Right, the lay terms get squishy (rightly or wrongly) in the real world of mfunds, that's all.
As for merit, I tend to align with this analysis myself:
https://www.usatoday.com/story/money/2015/01/16/investing-international-funds/21825245/
SP500 …
Why would you anticipate it would rise, necessarily? Depends on what it holds. I mean, by definition.
Maybe for a given period it had some GE. Or Tesla. Or similar. If you want index behavior, get an index.
I'm w/ cranky Ted about short-term obse…
As for names, sort of
VWIGX is also ~11% USA.
DODFX just under 8%, while per M* its benchmark, FLB, is around 1%. So strict.
FSIVX is 0% USA (Fido) or 1.5% (M*).
So sweating the small stuff is, well, just sweating.
Well. If y'all are going to try and be strict as to diction, you probably (as I tried to suggest) will have to do individual entity parsing, because even those committed to being ex-USA / ex-US (one data descriptor in the etf world; see e.g. http://…
When I mentioned JABAX I meant to add FPURX, another old favorite.
Anything that causes itching, sure, avoid. I apply salve of outperformance, hoping it continues to work.
She knows nothing independently, is just assigned to see that the new HNW (ha) transferrer-in is happy and 'why don't I do the same for the rest of my Fido holdings'. I try to speak with her as little as possible, though she always says she will rel…
VOO is better yet, and yes, it was the four months preceding Aug 15 that initially gave XRLV the nontrivial leg up.
Same with the last month.
So you get performance very close to VOO (or IVV) with possible added value of outperformance under ris…
JABAX would be the one to look at, MW, imo.
otoh, anyone can do what I do, if with less diversity: Go 50-50 or 60-40 (either direction), or whatever suits, divided b/w DSENX and PONAX.
>> Do you have account with Merrill Lynch? You HAVE to call.
?? one can do a lot of stuff online, including all trading
did I miss a particular transaction or operation?
I am told by my ML handholder that etn status is not the reason, but its use of derivatives. Or something like that.
$7 is good; Fido is $5, if I am reading correctly; dunno why I balk, sez the guy who drives 3 miles to save $3 on scotch.
That El…
@Ted,
You can do way better than SPY (cash drag, as uit). Let us compare with the very best, VOO.
Since the day after it launched, 4/7/15, 3-1/3y ago, $10k in XRLV has risen to $15,020 and change.
VOO, which handily beats SPY, has increased to …
@LB,
Roger all about policy and this kind of misguided soul.
14% / yr is a miracle absolutely as well as relatively, but we have all benefited from this literally incredible longlived bull market;
and at the same time no one but Buffet would hav…
immense creation of ill will and hair-raising destruction in order to achieve results since 1977 the same as JNJ or FCNTX:
https://www.newyorker.com/magazine/2018/08/27/paul-singer-doomsday-investor
@MW, yes, for better or worse. I keep looking for uncorrelated alternatives that was not too risky. I have some in PCI but may bail out of that soon. I have to raise a year or three of cash. My greed gets ahead of my prudence (and hence timing) ofte…
Like so many I was too conservative when I shoulda been more equities, but you know this is bull hindsight.
We have all been insanely fortunate to have lived in this time.
I had a lot of balanced and AA things in the 1980s and 1990s, also gogo equ…
@MikeW, at Edelman as with most indies, maybe all, you can get an hour or more of free consult and general back and forth and scope of work for issue areas and all.
I am sure this is followed w gentle sales pings, probably more than one.
So you …
At the risk of publicly burning my libtard library card, I think I am more with @Ted and @BrianW here --- the former was just (to my read) parroting the lede of the article, and the latter (again my interp) was at least partly objecting to the 'Cons…
Edelman does this kind of thing all the time and I have heard various of their CFPs talk (they have a good weekly radio show) about just this subject. However, they are a bit more than 1%, I think. Like any good CFP outfit they are plugged into loca…
Impressive performance for 3y, but I might be jittery going forward about a fund comprising "securities backed by credit card receivables, automobiles, aircraft, student loans, and agency and nonagency residential and commercial mortgages ... also .…
>> Watch your expenses. Invest for the long-term. And never, ever forget about the insidious effect of inflation.
jeez louise, I gotta return to freelance writing
>> My account is seven figures to the better than had I simply put it in an S&P index fund or scattered my monies among a 1001 funds for diversification purposes
so you made an extra million over $76k from outside-the-box decisionmaking
@Junkster, can you point toward the book and magazine articles? If you are up a mil over simple SP500 (is this only a few percent of total assets?) in this bull market (and why were you working at all??), this 71yo would like to study up. Will also …
how long will the recovery from this be?
GWill WaPo
"... left to right, this class has a permanent incentive to run enormous deficits — to charge, through taxation, current voters significantly less than the cost of the government goods and servic…
@Junkster, have you already written about why ST trading of mfunds is ever a good idea, rather than giving the manager(s) a year or three or four to work their approach ?
