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.
The trailing fifteen year period starts on 06/01/2009.
You are correct, it was late at night and I made a mistake.
See, I said it.
Since 6.1.2009 the numbers are better.https://schrts.co/KtzXAsQw
”Let's ask the obvious easy question: if you held just the SP500 for your stock portion (based on Bogle+Buffet) have you done well YTD + in the last 3-5-10-15 years?”
The S&P 500 lost approximately 56.8% of its value between October 2007 and Ma…
Based on (https://stockcharts.com/freecharts/sectorsummary.html) ...
Everything was up, but technology lagged, the less you own tech, the better your portfolio made for one day.
Rates were down = most bond funds made money.
Let's ask the obvious e…
@FD1000 - I found it a thoroughly enjoyable one hour discussion. I didn’t watch expecting to hear any predictions. There weren’t many predictions - of the investment type anyways. But while we’re on the subject I’ll note that making forward looking…
Rosenberg is a known bear...and bears are usually wrong.
01/2019 (https://finance.yahoo.com/news/wall-street-bear-david-rosenberg-125800678.html) "growth will turn negative in 2019 as the stock market flounders". SPY made over 31%
01/2024 (https://…
"Above all seek @Junkster guidance at that time."
Incredibly good advice.
I love to see Junkster's opinion but I don't remember him making opinions on stock funds.
@shipwreckedandalone, the article had several good points.
Quote: "By highlighting the “full market cycle” as the right period for judgment, they’re reminding investors that over shorter spans within the cycle they’ll look,"
FD: is now the start of…
@FD1000,
1) I questioned information you provided and raised concerns about accuracy, relevance, and endless repetition.
After all, isn't this a site to discuss investing information?
I did not attack you personally.
2) I do have two different use…
@FD1000 - The reference to UTG is that it is a utilities fund and the manager of PRWCX had recently mentioned that he was favorably inclined to utilities and adding to them in his portfolio. It was in no way, shape or form a comparison of the two fu…
"30% in Tech"...according to PRWCX site (link), it's only about 15%
"+3.63% YTD would translate into something close to a 10-11% annual return if it continues" 3.63 / 5 months * 12 months = 8.7%
"Don't look now but a utilities fund I follow (UTG…
ObservantThe quote above was included in a post you made approximately 2 hours ago on another board.
This highlights just how repetitive your posts can be!
A respondent replied: "Pretty easy to call that. When you are down 10% and pop 2%.
It will wo…
Observant,
Let's just look at one thing "Looking in the investment rear-view mirror, this "analysis" is not very insightful or beneficial."
FD: there were many examples in the past, below is just one
This is what I said on Nov 1 2023 (big-bang-inve…
I dInvesting in SC or anywhere else is your choice.
When someone lags the most famous index in the world, the SP500, they pull out the DIVERSIFICATION card.
Buffett said the following: "Diversification is a protection against ignorance".
[snip]
A f…
As shipwrecked mentioned....If you actually look at Palm Valley's website, it refers to ABSOLUTE RETURN Investing...."Focused on Absolute Returns"....in large letters.
And I already commented that this IS NOT an absolute fund.
Mr C. uses cash, how…
The following proves that PVCMX is not an absolute return fund, see (https://www.investopedia.com/terms/a/absolutereturn.asp)
Quote "an absolute return fund seeks to make positive returns by employing investment management techniques that differ fr…
PVCMX made about half of the SP500 for 5 years, so it's not alright. :-)
Good established funds don't guarantee anything either, remember that over long time the SP500 beats most funds because it's formula is very efficient.
Investing in SC or anywhere else is your choice.
When someone lags the most famous index in the world, the SP500, they pull out the DIVERSIFICATION card.
Buffett said the following: "Diversification is a protection against ignorance". His second bes…
It's easy because there are not many providers with great service unless they are very expensive.
1) After several decades with different discount brokers Schwab is #1 for me, and Fidelity is second and why I have accounts with both for many years.
…
MikeM " @FD1000, you seem to have an incredulous dislike for this manager and his fund."
FD: There is no dislike here. I used to like PIMIX and had over 50% in it for years, but 0% since 01/2018.
FAIRX: I owned it for about 8 years during 2000-10,…
PVCMX continues to trail as expected because VALUATIONs are too high for Cinnamond.
One year...PVCMX=7.8%...SPY=28.8%
That is "only" 21% more for the easiest index in the world.
hank, they have a good service. I already gave a difficult issue they solved for me.
Not sure about the hours, maybe 8 to 8.
Cashback is the easiest way to have an ongoing reward based on how much you spend...why not use it?
Interesting Barron’s story about the Southern California bond ecosystem.
https://www.msn.com/en-us/money/markets/you-ll-never-trade-bonds-in-this-town-again/ar-BB1mzDel
Nice story, very little what to do in bondland.
"Gross, now 80 and as irascible…
I have the Fido 2% cash back for many years. The first time I did a dispute was last week, what a pain in the A$$. You must talk to a rep and it took 30 minutes for a simple dispute.
I joined Penfed 15-20 years ago, (anyone can) and have 2 cards
1)…
The first thing I look for is what is wrong with the article. This one is pretty easy.
mmm...since div investing hasn't worked for so long let's mention the top tech companies with Divs.
Well, the top 10 tech in QQQ are about 47%. QQQ pays under 1%…
@FD1000...ya I see your point but you are leaving the risk equation out of the picture...the ole sequence of return risk.
Most will crap their shorts when the market draws down 30 to 40%
They'll never stay with and will bail out likely at the bott…
The most important is the total performance and for many the risk-adjusted performance. I can generate an income very easily.
Suppose you are at Fidelity and you have one million invested in FXAIX(SP500). You can set up in 2 minutes a monthly sell o…
Well, NY has about 4% millionaires, but it is still behind Tel Aviv which has about 10%.
https://www.i24news.tv/en/news/israel/economy/1663172527-israel-nearly-1-in-10-tel-aviv-residents-is-a-millionaire-study
Shorter Cinnamond: Cracker Barrel sucks. Small caps suck. Jerry and Elaine confirm it.
+1
See the fund goals https://www.palmvalleycapital.com/goal
Risk defined as losing money
Flexible mandate allows for patience
No sector constraints
Elevated…
The income thing has been promoted for decades now. Two smart giants, Bogle and Buffett prefer the SP500, and rightly so.
The markets also changed since the 70s. Until that time, the best blue chip companies paid div as proof they had good business …
My investment rules
1) I ever lock my money or give it away for good in return for a promise.
2) There are plenty of funds with free lunch according to my definition. A fund that matches or exceded an index performance with lower volatility and/or …
I checked it years ago and I could not prove it helped me and why I stopped following it, my link includes what have worked for me very well...but...I looked again and now I see that MOVE > 110 has a nice correlation to high volatility in bonds a…
Why did it take so long?
I worked in corporate America for decades.
My observation was that any employee up to middle management who did something wrong would be fired within days but higher management and especially the CEO would let go after month…
I entered the trade at Schwab and get "We cannot process your order for this fund. Please contact a Schwab representative for assistance."
The above = not available.
According to M* QDSNX has 6 funds + cash. The idea of this fund is that the managers may change the number of the funds and definitely the % invested in each. I wouldn't invest in 3 or 6 funds instead of QDSNX.
Mike, you are correct, we don't need ALT funds. Why not go even further, Buffett has been telling us that all you need is the SP500.
The idea is to discuss all kinds of subjects and let investors decide what to do.
If I'm not mistaken, Fred is look…
