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.
@Tarwheel concisely and accurately stated "Nobody knows where longer term rates are headed, despite all of the punditry." I would add that it's also regularly called a fool's game.
True story: Years ago and for a coupla years, I was diligently (s…
None.
All we ever reasonably expected as LT TRs from dedicated bond funds was 4%-5%. So when CP CD rates matched, then exceeded that threshold, all of our dedicated bonds funds were replaced with a 5-yr, CP CD ladder paying over 5% APY. The only …
@MikeM - You seem to be missing the point about CDs. I don’t recall anyone advocating investing all of your money in CDs, or even a substantial portion. The great thing about CDs right now are the relatively high yields with predictable, stable retu…
FWIW, not that it's a valid comparison, but since such a comparison was mentioned, our CD ladder with its just below 4% APY, outperformed GQGPX with its 3.4% average annual return over the past 3-yr period. It currently has a 5+% APY, but it is not …
Lemme just leave it at this: I regard EM investing as an example of a term I am not fond of, try not to use, but believe applies here: Diworsification.
It doesn't fit the definition exactly, in that the investor is not adding similarly correlate…
Here is the data from MarketWatch which is more current than Fido. No changes to YTD data. And the data per MW ties to M* - both are as of 03/01/24.
YTD_1_3_5_10
FXAIX_7.97_32.11_11.32_14.78_12.77
GSIHX_11.85_33.70_9.24_13.00_N/A
NEAGX_15.64_43.34…
Thank you!
Hmmm...M* data is more current than Fido's at 01/31/24? I guess pigs are flying today, too!
Note that the TRs I posted will all be different (and higher) in my comparisons as all the Fido data I previously posted was as of 01/31/24. My…
GQGPX is actually UP 9.36% over 5 years.
EDIT_See corrected, more current data below thanks to @PRESSmUp. Thank you!
It lags the S&P in all regularly shown interim periods and was very poor for the past 3 years.
It is currently being fuele…
Thanks @MikeM …I’d rather be lucky than good. But as @stillers Callian chart points out, the EM space is not a “buy and hold” environment.
You got it! EMs are feast or famine, and more often than not, famine. Inherent to EM investing appears to be…
SOLD entire NVDA position that was BOT last week for a 20% gain.
Coulda had BOT more shares. Shoulda SOLD last week at a wee bit higher. But hard to feel too bad about a 20% trade.
Gonna miss holding the BIG fella individually, but still hav…
Don't want to rain on this thread but...this thread was started on 2/20. S&P gapped up on 2/22 on NVDA earnings after hours on 2/21, and just broke through some resistance today. Some ports may not have done well since this thread started, but …
@Stillers, are you avoiding BIDU?
BIDU has always been off our radar. Pretty much avoiding China entirely while limiting direct Foreign exposure to ~10%. Only known China exposure is indirect via domestic holdings.
BOT more shares of GOOGL while down slightly in pre-market trading to bring position to intended level. Avg share price just under $138 (a wee bit lower than the $140+ on our first BUY/SELL). Will either be another ST trade. if we get a bounce, or …
Two articles to explain, including past performance data during shutdowns.
https://www.cnn.com/2023/09/28/investing/premarket-stocks-trading-government-shutdown/index.html#:~:text=Stocks have performed flat on,government shutdowns has been 0.04%.
…
GOOGL obliged and hit our target re-entry price (actually hit it yesterday but we were away from the market) so we've rolled the dice a 2nd time on it at $137.76 this AM, lower than our first roll at $140.39. We did not have enough ca$h available t…
Last call for posters to report your Mag 7 allocations.
After which, I hope to discuss those with the posters who were kind enough to share.
And, as an FYI, anyone interested in adding Mag 7 exposure to your port:
ETF: MAGS, all Mag 7, all th…
FWIW, GOOGL is back at and a wee bit below the price at which we BOT it ($140 and change) after its earnings announcement and ~6% drop. That DROP was widely regard as unwarranted and we played it to our advantage and SOLD after it recouped its ~6%.…
Great story @Anna. And we trust you are anything but obsolete!
If I may add one on devices...
Circa Spring 1977, Senior Year UG finals. Of all the challenging accounting major courses I took, there was nothing that compared to Business Statistics…
On Giroux, we are LT holders of PRWCX.
I have tried many times to understand his strategies. I have simply learned to accept and appreciate them.
To wit, we now own only two allocation funds: PRWCX and FBALX. BTW, they make an awesome pairin…
Not to pick on GS here but...
Dateline: Oct 17, 2022
Starship: Goldman Sachs
Headline: The stock market is still too expensive even after its 25% decline, but there are bargains to be had in small caps, Goldman Sachs says
https://markets.busines…
Yep, that is MF's standard statement at the end of their FREE articles, similar to Zack's and many others, made in an attempt to entice reader's to buy their premium services.
Disclaimer: I am NOT promoting AI investing or any of these specific ETFs or stock. Just providing information for discussion while personally trying to identify AI opportunities.
=========================
Here are two pretty comprehensive Invest…
@Roy
Great points on placement of types of investments. FWIW, we are still 97% IRAs so virtually all of our trades/exchanges are in them. And having a Cap on Sector or Explore holdings has definitely worked for us.
Thanks for the kind words! So f…
Uh oh!
URGENT Note to Self: As soon as the missus wakes up today, get her to try to delete the GoFundMe page I started yesterday for legal action against this site! ;)
I for one appreciate your "rambling" as it spurs talk about this topic.
On the history part, per this source, the phrase "AI" was actually coined in 1956.
https://www.sas.com/en_us/insights/analytics/what-is-artificial-intelligence.html#:~:text=Ar…
@WABAC:
Great comments about "stuff" and NVDA's stuff is clearly different and dominant at this point.
AMD is the other company that I note is being widely identified as the one company that may be the first to truly challenge NVDA's top spot. …
@Graust, remind me, where do I send the check?
All kidding aside, it's great to see that somebody gets it and took the time to (at least attempt to - we'll see) clarify! Yep, definitely NO intended bragging, WAY more about the somewhat unique str…
@stillers: IMO, the negativity for and lack of participation in the Mag 7 on this particular forum is astounding! And telling!
So, that's what I stated.
To those who seem to have misinterpreted that statement, please point me directly to exactly…
Or it could be the global market leader doing what it does, and has done for a while now, and will very likely continue to do for the foreseeable future.
And NVDA's P/E is virtually unchanged. So there's that, too.
It's far more about AI than ju…
I remember looking at the Nikkei circa 2010, and noting it had (about) halved from late 1989 to 2000, then (about) halved again by 2010, and thinking of that lost generation of investors there. They had certainly earned all of the funds that ended …
Good news bad news.
Bad News: We watched NVDA drop ~4% after earnings but the move DOWN then back UP was too fast for my aging fingers. (Easily seen on the chart.) So we missed out on the last intended 30% of BUYs as price had run UP too far ab…
Added a coupla more slivers of NVDA pre-earnings, as price appeared to be bottoming out in last hour. Now at 70% of intended position. DCA'd avg cost basis only DOWN a little under 1/2% from current price. In retrospect, appear to have started BUY…
2/21: Watching pre-market action NOW to see if price dips below our 2/20 avg price. So far yesterday's DROP is holding as the interim low.
Just before pre-market action closed we were able to about double our shares while and bringing our avg BUY p…
