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.
What I do not understand is airplane doors are purposely designed so the lower the outside pressure, the tighter the seal as the positive pressure differential pushes the door tighter. That is why you cannot open a door in md flight.
Yet this "doo…
I wonder how much it actually costs them to support portfolio analyzer, the really only useful think there now?
They made a decision years ago that there was much more o money to be made in institutional and especially advisor support. They must …
You would think M* would be embarrassed to publish that under their brand.
As far as BRUFX quick looks shows 35% cash and overweighting in healthcare and underweight tech. Exactly the wrong positioning for this year
Do they produce any data about…
Where at Schwab can you find the summary report? I just looked for PVCMX and cannot find any analysis
Not that it is worth anything . ChatGPT pans PVCMS saying they have a "unseasoned portfolio mangers" ( Really!!! If you know how you can dig arou…
International value funds I own, MOWNX, BISMX,COBYX (heavily invested in Latin America) have beaten the SP500 in last three years with lower drawdowns. CCISX also but with equal loss in 9/2022. Typical Emerging market funds ( SIGIX GQGPX) have no…
I search the IRS web page but couldn't find anything specific in a short search. Most of the articles I googled did show that it is the trade date, except for short sales
Reading the comments of the interview with Sherman makes me think there will NOT be large $$$ going in because of the article. "Too expensive" "First sentence ER 0.91% No thanks" and one likening CBLDX to a flea bitten mangy dog!
I have a hard time understanding the rationale to pay double for a commodity producer. If companies granted all workers stock options, then the USW would be excited for someone to overpay!
I am surprised that a fund like USBOX can mimic GQETX so closely ( even with double the ER) and have only $250 million in assets. I am also a little surprised they can get away with such mimicry but I guess 13Fs are public information. It is also i…
The GMO process seems better than another MFO Favorite, BIAWX, which is more heavily into Tech and NVDA, for example. While it has beaten the GMO fund during times of tech out performance, it is more volatile
@hank
I stumbled across the idea that you start retirement with a low equity allocation and increase it as you age ten or so years ago, although I forgot the source. It avoids loosing 45% of your assets in a massive bear market just as you retire.…
Thanks for summary David. The editorials in the WSJ have gotten so extreme I cant stand supporting it with a subscription.
The problem with “ESG” is you can drive a truck through the lack of consensus about definitions.
From what I have read your chance of long covid does not decrease by a lot after the first episode. The exact frequency is unclear. I have a doctor friend who has brain fog and no smell after a "cold" that he didn't even test for Covid. He onl disc…
I was fortunate that the dirty penny taste was minimal.
We always thought of you as a Right Brain Guy David!
I think your doctor is correct. Most definitions of "long Covid " use symptoms after a month. I have not seen a lot of data on Omicron …
Take care of yourself David.
I got Covid for first time last month ( and gave it to friends visiting from Australia. not a big deal they said as they had had it three times!) because of my civic duty to attend and speak at our annual town meetin…
Too bad D and C doesnt take their reputation more seriously. while perhaps not front running, it smells.
I firmly believe the only investments employees at funds should be allowed to hold are the firms own funds, unless the fund does not have a fun…
@david and Chip and everyone else here
Happy Thanksgiving indeed for the best mutual fund site on the web, and for all the lively ideas and suggestions.
Would be interested to hear if anyone here has stuck with them over the years. They had such a good story years ago, but I gave up when the returns didnt materialize
Worth watching. Given their huge minimums most of us cannot access their mutual funds. Occasionally, they have co-managed other MF, like one for Vanguard years ago.
Never went anywhere and finally GMO got fired.
Their "Climate Change" fund see…
@yogibearbull
Are you increasing duration ?
Anybody thinking about a bond ladder? what rungs are you using?
Ishares has ETFs that mature at the end of every year A ten year ladder yields 4.91%
Yes I agree this belongs in “off topic” but you can speculate on the investment implications of a Christian Nationalist ( I dont know what else to call him) Ultra Hard Right Conservative ( who believes the Government should criminalize what he think…
As I understand it, the drug companies' legal stance is negotiated lower prices amount to an illegal "taking" of their property because they are forced to sell the drug as lower prices.
This argument seems to fly in the face of the fact that they a…
@yogibullbear
The fact they are so delinquent in implementing credit freezes is appalling.
Fortunately I know our freezes are in place because every time I tried to get another insurance quote on our house the agent said it couldn't be done
As a follow up to the MoveIT etc breach, we have been hacked twice more since this summer. Our Utility was hacked with out info and an old employer of mine (2019) was hacked.
Both offered us two years of "IDEX" credit and email address monitoring,…
I dont remember when PRWCX closed but I could start a new position in ITCSX in an old VOYA retirement account I kept open in 10/2019, so ITCSX was open then.
I have not lost any money since March on VTIP but have never been able to really understand TIPS ETFs.
A better idea may be the new fixed maturity TIPS etfs with bonds that all mature the same year. We will see
https://www.etf.com/sections/feature…
I read about ZEOIX here, of course. I thought it might be close to a cash equivalent because at the time RHPIX was closed
However there were several drawdowns where the NAV dropped 2 or 3% in a couple of days so I was concerned enough to call them.…
Non tradable REITS are a disaster. Even tradable ones are a problem to me as I have not spent enough time to understand their unusual accounting. Seeking Alpha seems to be gaga over them. Now the issue is have they hit bottom?
I would only go wi…
