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Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
Don't know if you can pin this all on the youngsters! If colleges went with virtual ed. the partying wouldn't be taking place. So seems to me a little greed on both sides.
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I happen to belong to small union that bought diamonds to diversify . Long story short. Instead of buying one of the best , high quality , numerous smaller stones were purchased. Pension fund dropped the ball on that deal & lost a bundle !!
T…
@LewisBraham: Some good question to be answered. I hope the taxpayers aren't paying for his attorneys. Did you happen to watch video of incident ?
Derf
@Old_Skeet: I was looking at (Trailing Returns (%) Vs. Benchmarks
Return). Not enough coffee ! I double checked with Chuck & they agreed with 33.16 %
Derf
@Old_Skeet: Yahoo shows (SPECX) around 12% ytd. So I'm thinking you added a sizable amount to this fund during the down turn to come up with +33 %
As for myself ytd I'm at 0-1 %. With Aug. statement coming up , that % should move up.
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@carew388: +1
(Vanguard has great funds(for me) but the website is clunky and buying and selling funds is tedious.)
Nice summation on the subject of Vanguard.
Stay Safe, Derf
Simon would you care to share what funds you have that are up 65% ytd ?!
Check out this link for top 20 fund performance.
https://www.financial-planning.com/slideshow/best-mutual-funds-and-etfs-ranked-by-ytd-returns
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@Old_Skeet: After using your inputs to come up with a barometer reading have you over the years run into the situation that the S&P is in now . That would be with the FAANGS carrying so much weight ? Is it possible to fine tune the barometer fo…
A question for you, @MikeM. Does that stop loss work as a rolling lose !! In other words you said you were up 8% & if the market would crash tomorrow you'd still be up 3% . Or does the stop work only when you hit your staring amount minus the 5%…
sma3 said: Eventually things will get back to normal and there will be a huge pop when there is a successful vaccine announcement although it will be years before it controls covid,, I think .
If so , that maybe the time to take some profit. As …
So to sum up are discussion, ETF +1 , if thinking to get back into the market.
Bills 17- Packers 16 !
Derf
@MikeM: Did you throw all into ETF or will you buy in steps? I'm thinking ave. in might also be…
@Old_Skeet & others: I came across an article from Schwab that says more or less that the dollar may recover some from it's 9% drop before going lower in the next year or two.
Thanks for your post O_S.
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@MikeM: Are you playing prevent defense ? What happens when the QB is sacked & the ball comes lose & the defense picks it up & returns it for 6 TD !!
In other words everything doesn't go up after a purchase. So the worst outcome would …
@rforno: If I'm reading you right, your $$$ went into stocks only. Secondly you took me by surprise that you have only one fund in 403(b). You must have a great deal of faith in that fund.
Thanks for your reply,…
@rforno : What do you consider insanely high STCG profits. Best I could come up with during recent fall - rise was 12% profit. But if one put money to work on the lowest drop day for market , I'd guess profit would be another 3% to 4% profit.
And…
Off the top of my head. Gave MFO part of my stimulus check & playing more golf ,although not scoring all that good ! No casino play so my cup is full .
Stay safe, Derf
Didn't Pelosi say something about passing ACA & we'll read it later. I believe she was also charging the tax payer for her trips from home to DC !
Derf
@expatsp: My 2 cents worth. Take a look at the last drop & work a plan off of that. I'll add one more thing. As for myself I didn't have a plan & thus didn't get enough dry powder wet, (or invested).
It's hard, at least for me, to keep bu…
Good morning Old_Skeet: You may have nailed it with your explanation from above.
Friday's close & my account was flat lined ! 0.00 % gain.
Better than a -0.4 loss on Thursday.
Fridays close below
DJIA
27,930.33 +190.6…
