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.
Seduction of Pessimism (By Morgan Housel):
Pessimism is intellectually seductive in a way optimism only wishes it could be.
Tell someone that everything will be great and they’re likely to either shrug you off or offer a skeptical eye. Tell som…
Feb 5th, 2021 episode:
RYSEX is ranked #58th by US NEWS (Vanguard Funds are ranked #1,2,&3):
https://money.usnews.com/funds/search?category=small-value
David Giroux (PRWCX) suggest Floating Rate loans (Leveraged Loans or Bank Loans). TRP price manages RPIFX (see if you can get around the $1M minimum) or PRFRX ($2500).
Link to Bank Loan Mutual Funds:
https://money.usnews.com/funds/mutual-funds/ran…
@JonGaltIII...maybe even simpler still (@bee has a bee size brain)...compare your stock (equity) dividends to bonds. If I understand Giroux correctly, he tries to GARP-y his equities to reduce downside equity risk and yet achieve equity dividend ret…
Paul Massaro Article on Fixed Income:
uncovering-opportunities-noninvestment-grade-credit
On Duration Risk:
... if you're going to take duration risk, take duration risk in your equity sleeve, not in your fixed-income sleeve. Duration risk in equit…
Vaccine passport and other updates (NY Times):
https://nytimes.com/2021/02/04/travel/coronavirus-vaccine-passports.html
Also,
Mixing vaccine cocktails:
britain-trial-to-test-combining-pfizer-and-astrazeneca-vaccines-in-two-shot-regimen
A vaccine…
Comparison with VFINX since 1987...mission accomplished...
As he said the fund is aimed to deliver good return (S&P500 like) with a lower risk over a market cycle.
Comparison to the S&P 500
A few links related to Reg SHO, Shorting, and naked shorting.
What Is Regulation SHO?
Regulation SHO is a set of rules from the Securities and Exchange Commission (SEC) implemented in 2005 that governs short sale practices. Regulation SHO establis…
@FD1000 said:
I have several criteria but the easiest one is the VIX, when...VIX>30 get ready...VIX>35 start selling...VIX>40 rapid selling. The catch of course is not to stay out for longer term. I have been out of the market about 3% of t…
Aside from an outstanding 2020, SVARX has ebb above and below a multi-sector fund like PTIAX. When I see these two charted together I am reminded that owning an equal share of both helps smooths things even further than one alone if low volatility i…
@Mark,
After selecting "Analyze Portfolios" scroll to the top of the PV page. At the top of PV page is a hyperlink called "link". If you select that hyperlink and then PV creates a unique URL that you can copy and paste. It is a bit long so editing…
Mohamed El-Erian sees one risk that could get investors into serious trouble.
"One of the most under covered stories is what’s happening to the US yield curve..."
To me, he fall in the camp with Grantham, Hussman & Dr Doom. They all are right, …
Morningstar Portfolio Manager might be a good resource. It's a premium product, but some brokerage houses (such as T Rowe Price) offer it as a free benefit.
https://morningstar.com/help-center/user-guide/portfolio-manager
Also, determining how cor…
One gut check for investing in up markets is to reference your present portfolio value with different draw downs scenarios (in percentages) and the potential recovery time (in months/years)
S&P 500 data since WWII:
Here are a few charts to help…
A couple of links that I looked at today related to Roth IRAs:
Are Roth IRAs Overrated?
We discuss:
Diversification between tax sources for retirement savings
It doesn’t have to be all or nothing with these decisions
The compounding be…
With the two runoff wins in GA, Biden will now have both the house and senate on his side. His agenda will get thorough easier. Just today other sectors and small caps advance while the technology fell. Once the vaccine rollout quickly to vaccina…
@David_Snowball,
Technical question...can MFO hyperlink ETFs the same way mutual fund ticker symbols are hyperlinked?
Readers can link for VFINX, but not SPY.
Also, we may have to begin developing a transition plan for MFO to ETFO.
Low Interest Rates are here to Stay (thru 2021):
Some Quotes from the article (linked):
The economy is poised for a robust recovery in 2021, particularly in the latter half, but Bloomberg Economics does not expect quantitative easing to be scaled b…
Here's one way track inflation of a billion products...tropical fruit included:
thebillionpricesproject.com/
The author compares CPI to the MIT Project (article is bit dated):
inflation-cpi-vs-bpp.html
This year 5 stocks in the S&P 500 accounted for a 35% gain. The other 495 stock together accounted for a collective 5% loss. That's changing...see article linked below:
the-biggest-market-comeback-of-the-year
The Gospel of Hydrogen Power (NYT Article):
You can make (hydrogen) fuel using water and solar power, as he does. The byproduct of making hydrogen is oxygen, and the byproduct of burning it is water. Hydrogen is among the most plentiful elements on …
