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.
@LewisBraham
We are discussing beyond the article. The article is talking about long term and mention T/A + other non T/A reasons.
As I said before, you think T/A is dubious and you entitle to this opinion but I have been using it very successfull…
@Zolta, IOFIX min is only $100K at Schwab. I'm guessing your investments is at Fidelity. This is one of the reason I transferred most of my money to Schwab. Fidelity also have a million dollar min on Pimco Instit share funds too.
My technique is not…
Old_Joe, pay attention who posted about politics first. If you guys want to discuss politics please use the off-topic.
It's pretty clear see below
https://www.nytimes.com/2020/10/14/us/politics/coronavirus-trump-investors.html
Below is a chart of the SP500. When do I buy stocks (usually SP500 or QQQ)?
I look for at least 5-8% loss from the last top. Then I need to see:
1) MACD goes from higher negative to positive
2) Uptrend in price for several days
3) If price cro…
Lots of BS about me. How nice is to post trash without any proof.
==============
@davidrmoran:but it is true that FD1k should be a multimillionaire, philanthropist, and posting regularly for seekingalpha or similar
FD: I'm a multimillionaire but n…
Disgusting swamp goo.
I agree. I wasn't in that meeting but I sold most of my portfolio(all bond funds) at the end of 02/2020 documented (here).
But, the following (link) is also a disgusting swamp goo and we can call it Joe Quid pro quo.
https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-housing-prices/
Advantages of Buying a House: (Number 1 is the most important)
1. A house is like a forced savings plan for people who normally aren’t in the habit of s…
https://medium.com/@ronaldviatori/technical-analysis-is-bullshit-b7ffce78425e
BS or not, I have been using T/A successfully for about 20 years. T/A is only one part of my system. I never held a losing fund too long and since retirement in 2018 I d…
All I did is presented Tom Bowley view. You may agree or not. Bowley is a technician and a pretty good one IMO. He is one of only several I like to read because of his short term views, after all, I'm trader. His long term is unique right now.
Unfortunately most retirees I know including myself don't want to increase volatility and/or use cash + alternatives. The only choice most have are bond funds.
I have looked for alternative for years and couldn't find any that proved to be a good c…
You can read my bond thread for ideas (link)
Higher rated bonds (core + core plus) + Munis are not doing well for 1-4 months.
The best bond funds are specializing in securitized/MBS. You can most in the Multi category but also in Non Trad
Things to chew on from Brian Gilmartin at SA:
Summary
° There seem to be too many different types of risks developing around the Presidential election.
FD: the usual --> do nothing
° Personally, I still think Financials in general and b…
Just a reminder. .
Are you looking for converts?
By now I think many are aware that you are an active bond fund trader.
I hope it works out for you.
BTW, I see good signs for stocks uptrend since the last bottom about 2 weeks ago.
What are you…
Good read with lots of charts but I could not find predictions about the markets, especially near term.
I think the SP500+QQQ are consolidating after a huge run and the next leg is up. The price is bouncing around the 50 days moving average but the…
The usual: the Libs rant/lie/taking things out of context. Please post your political views on the OFF-TOPIC forum.
The post was about market correction not Trump.
Just a reminder. Discussing the economy is fun and informative but I never invested based on the economy and predictions because they can't predict short term (and even beyond that) performance and/or risk/volatility.
BTW, I see good signs for sto…
I created several watch lists at M*. See https://www.morningstar.com/portfolio-manager
This way I see 1-4 week momentum of my favorite funds that I keep updating which is important to me as a trader. I could not get it anywhere updated daily.
Yo…
yup, not much going on in bondland. have you traded PCI at all? seems to have some pretty good momo, if'n that's your thing.
There is not a lot? Check several Multi sector funds for 1-3 months :-)
I usually don't invest in PCI/stocks because of …
Numbers as of 9/30/2020.
Observations for one month as of 9/30/2020:
Multi- Flat for the month but securitized shined with 1-2.9%/
HY Munis – Flat for the month but Nuveen (NHMAX,NVHAX) did better.
Inter term – (-0.1%) for the month. TGLMX (mo…
I'm more comfortable losing $1000 in a mutual that losing $500 in stocks. There is no logical explanation but that's how I'm wired and why I only trade stocks hours to days.
Thanks for the articles(it's from Sep 10th).
David Giroux is one of my favorite managers ever and someone who really knows his stuff with good insight and recommendations which is rare.
@LewisBraham
My key point: Trump is the first president since 1998 to increase the median income significantly but I can't find it in the Lib media.
You are absolutely correct about the gap. It started decades ago under both Dems+GOP presidents a…
@FD1000; I'm guessing you bought in around 3/25/20 ?
Derf
Nope, I sold over 90% at the end of 02/2020 and the rest days later.
Made several good trades with QQQ+PCI in 03/2020.
Start invest…
A young investor should be at 70/30, maybe even 80/20. I started investing in my late 30" and was at %100 stocks. After about 5 years I changed to about 85-90% stocks and only about 8 years prior to retirement I changed gradually but rapidly to mor…
@Baseball_Fan,
I'm a trader. I don't care what happened in the past but what can make me money now. I do care about volatility/risk when I select funds.
When a black swan shows up is when ugly things happen and you must avoid risky funds.
What man…
@FD1000; I'm guessing you bought in around 3/25/20 ?
Derf
Nope, I sold over 90% at the end of 02/2020 and the rest days later.
Made several good trades with QQQ+PCI in 03/2020.
Start invest…
Increasing access to high-quality education.
Sure, I want even more:
I think that all employees should get better benefits + treatment. CEOs should make much less.
If we're already going there, health care and high education should be cheaper. …
MaxFunds is too generic instead of looking at risk/reward as the best measure of funds. MFO is a fantastic source too.
Easy example: VWENX(98 by MF) vs PRWCX(83 by MF) in the last 10 years (link)
VWENX has a bit lower SD but PRWCX is beter for the …
Answer: If you invest $750 every month for 20 years at a 7% return, it will be worth $390,712.50 https://www.saving.org/regular-savings/750/month
See also: $750 in 1955 is worth $7,273.82 today https://www.in2013dollars.com/us/inflation/19…
Thank you for sharing this info.
Since it's inception VFIAX(SP500) has e better risk/reward and why SP500 Sharpe+Sortino is better. See PV(link)
VFIAX beats MOAT for YTD and one year. See YTD (chart)
Your comments are pointed, ego-centric and certainly not generic. Don't post to any of mine. Please :)
ego-centric, wow, what a guy.
I have been reading plenty of articles and research about the bucket system and can't see its necessity and superi…
That alleged TR advantage is premised on the basis of never touching your balance and allowing it to just grow and grow and grow. Tell me, who does that? Who just lets it sit there forever and ever? This constant battle between dividend growth/incom…
@FD1000 - How do you know that everyone else isn't investing for TR as well using their dividends as just one piece of the equation? What if they aren't comfortable or knowledgeable enough to be trading in and out of positions? Or simply don't have …
Dalio:What’s going on is an economic downturn together with a large wealth gap and the rising power of China challenging the existing power of the United States.
The world is more global which means efficiency. If you are educated in STEM you are li…