Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@Mav123: Thanks, I'll check out McMillan and Lee. From a quick look, Lee seems to spend some effort on crypto, not something I'm into.
H'eye has a bunch of different packages, and they've changed them around quite a bit in the past. Pro is for othe…
Curious, which "analysts" do you follow, and do you find them reputable?
@Mav123: A few, but the ones I pay most attention to are some guys who call themselves Hedgeye. They're data dependent and have a straightforward system. Their details are on a…
Been in Powell’s and it is a wonderful store, but I can’t afford the baggage fees if I ever go back to buy books. LOL
Ha! That is a problem. And if you drive, you need to haul a trailer along for the return trip.
If you buy books at Amazon, there are options, if not your local independent bookstore, try "the world's largest independent" (and for my money, I can't imagine a physical bookstore any better, if you're ever in Portland): Powell's City of Books. Yo…
@OldJoe, dunno if you're responding to me or not, but I was talking about investing. All of us should expect to see prices going up on anything related to ag commodities; after six straight years of negative returns (which does NOT mean food prices …
Junk and semi-junk munis and securitized. Yup: PTIAX.
Hiya Crash, Their limited total return this year is down to the kind of munis they own: long term, IG, and rate sensitive. That's overall/longer term a decent way to barbell lower quality stru…
This "trend" may persist. />
Yes, it sure may. My choice now, though, is not to put new money in. The big traders have already made a ton on that trade, and as far as it's run, the upside from here may be limited. Some of the commodities I watch…
Hi @Mona, nope, haven't posted on Armchair. I'm just doing my own investment thing and spending a lot of time helping get a startup nonprofit off the ground. You must be enjoying the junk & semi-junk muni ride; that and securitized credit have b…
Best to keep in mind how today's inflation number is calculated - year over year - and what was happening a year ago.
Hank's right about the usual inflation-related investments having already been bid up, starting months ago. In the case of the an…
Good posts, @dtconroe. That's my investing style too. Loving the hy munis right now, and the Semper (and others') bounceback has been great. All the best -- Former M* McMontana.
Vanguard has a good deal on availability of Pimco's cheapest institutional shares (I as opposed to I-3). That was the only semi-regret I had when I moved out of Vanguard several years back.
Good info, Fred. Haven't really followed it, and it's an eye opener how tightly the allocation is tied, within tight bands, to the S&P. Time for me to take a closer look.
One etf, which unfortunately, I don't recall, I purchased at Schwab after Fidelity said the limited volume made the etf an illiquid investment. The trading volume was around 2k shares. After that experience, I try to limit my etf purchases to those …
David, your MFO plan sounds so, so, well, sustainable! Best of fortune for your next chapter(s), and toward your continued involvement here, which would be great.
Oh, and your ESG fund roundup in this month's issue is outstanding. It's a keeper. Ma…
Taiwan is still in the business, and that may be at least part of the reason the Taiwan equity etf, EWT, is shooting out the lights while broader Asia funds aren't.
@Old Joe, did you look at the graph in the article? I think you're right, in the sense that energy is a lot more volatile than food and is most responsible for CPI swings. Just googling around a bit for that info, it does look like food at least sin…
Food and energy are excluded from core inflation because they're so volatile, up AND down. YOY comps would yoyo all over the place if they were included. (You wouldn't want the Fed trying to make monetary policy based on shorter-term swings.)
Core…
Agree with Hank about JG overall. I always listen to his January "Just Markets" webcast and usually a couple of others over the course of a year. The value to me is the run-through of the data he follows closely and possible conclusions drawn from t…
As a retired and somewhat conservative investor, I am also "mixing and matching to have a consistent performance over time" by using the following funds in my portfolio which M* classifies as "Low" or "Below Average" risk:
ARBIX, NVHAX, VWINX, JHQ…
Indeed, if I could go back in my investing history and pick "just one" PRBLX would likely be the one.
That's what I told a friend last week (but without the "likely") who wanted a suggestion to replace a whole bunch of tiny individual U.S. equity …
@finder: I can't imagine the returns from debt of all kinds will repeat the last decade, much less 40y, but equities are kind of in the same boat, as being historically rich.
Plus, there's a big galaxy of debt investments besides Treasuries, a lot…
Oh okay, got it. M* may get the message when some of the big boys start flipping OEFs to ETFs. Who knows, they may not have a policy at all on it, and deleting GAINX could have been a snap decision by someone way down the food chain.
The 10 year treasury yield moved up 1.73% yesterday.
Also, the intraday high hit 1.765, which punched slightly above the previous peak of 1.754 on March 18. Could be noise, or could be another round of pushing up the trading range getting going.
My take: We don't appear to be in sell off mode, instead the market is rotating. Industrials are leading when 6 months ago they we laggards.
Agreed. See VIG vs. IUSG. That fine dividend etf is surging ahead of the growth index after lagging for so …
Just wondering if it’s time to pick up some investment grade intermediates .... My guess is that it’s probably too early. But closer to 2% (10yT) I’d be willing to move a bit in.
That's where tracking trading ranges can come in handy. When the 10y y…
@Mark: Some of the straight utes with renewables have for sure been less volatile than the renewable equity etf's. I sold ICLN when it changed direction, and boy did it plummet. So rather than catch the falling knife there, I've started looking for …
Why not AY?
If you follow it, @Mark, is Atlantica's greater volatility from the Africa and South America exposure generally? Currencies?
I wonder if it could be sort of a proxy for an EM allocation.
@FD1000: "I know a bond fund that is up several % year to date + partially doing short + have a nice 3 years returns."
I wonder if it's the one I own that's up a shade over 6% ytd, with negative duration.
