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Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
FWIW: If memory serves me, Junkster ran a very tight ship. I believe he would have exited iofix on March 11 ,nav at $13.16.
As for me, staying the course, & bought a little on the drop.
Schwab says cost bias, only 3 or 4 in the green at thi…
@bee@mcmarasco: Did you take this loss to be applied to RMD's that you took this year for tax year 2020 ? I ask as I've taken my 2020 RMD already.
Derf
Thanks @FD1000: I've seen this possible at both Schwab & Vanguard, but was leery of combining the two. I would like to hear from others if they have tried linking their accounts & if any problems appeared.
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Good question ! As of close yesterday the only green I saw in my account was a CD. Cost basis were all red !! Now this brings me to ask. Should I add to funds with the most loss to cost basis or add to one that stood out with a basis loss of less th…
@Sven: I appreciated hearing your thoughts. I also believe after reading that this is an apple to orange comparison.
Why not use another allocation fund & compare it to PRCWX.
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@FD1000 said,"As usual, I follow my chart/trends and they come directly from the price which is the end result of the opinions of all traders. "
Something like the Junkster would have said ! Follow the price !
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@Old_Skeet; Thanks for the comeback. Although listed as (10-30% allocation), equity % can go up to 90%. I'll mention also no load at Schwab. 5 stars rated .
Have a good weekend, Derf
@wxman123; Thanks for your comments , always nice to hear what others are thinking.
What if say you're 50% cash,MM, or like: would a nibble be a 5 or 10 % buy on a 5 to 10 % down day ?
Thanks for any re…
In combo with rforno comments. Youngsters, does it make sense to hold some dry powder in your 401-k accounts to fire a shot or two at times like this ? Or would it be better to rebalance if 90-10 or 80-20 , before the downdraft ?
Just some Sat. …
@ hank; Thanks for your come back What you do or don't do are up to you alone. You've made some very valid points. For most of the Oldsters here we can usually figure out when someone is BS ing ! As for myself I like to hear what other investors …
@Old_Skeet ; Thanks for your reply, very easy to understand.
I'll be watching for a few days & see how things go. More shut downs yesterday & most likely more to come. Schwab put out notice yesterday that satellites will be closed shortly…
@hank: Is the answer Infinite ? While you were fully invested I was the opposite, to much so !!
With my Schwab account down 22.14 % YTD, I don't think that's to funny ! How are you doing ?
Since 01/01/2020 I've put 7.3 % of total starting p…
@WABAC; thanks for the link. I came across this in the read.
"Now that they've gotten around to U.S. Treasurys, that tells you that legitimately nothing is safe," he said. "There's no place to hide other than cash."
Yes cash, at least you can have…
GP update: MARCH 18 We are re-opening the Grandeur Peak Global Micro Cap Fund (GPMCX) and Grandeur Peak International Opportunities Fund (GPIIX/GPIOX) to existing Fund shareholders as of today. We are very encouraged by the confidence shown by ou…
@Old_Skeet: You said, " I did a little buying today and I spent a sum equal to 1% of my portfolio's value. With this, I reduced cash by 1% and raised my holdings in the growth & income area of my portfolio by a like amount. "
I'm a little con…
