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.
Also FWIW, and it may be worth plenty to anyone considering or actually BUYing FDRV...
FDRV is a brand new relatively, lightly traded ETF. It is (mysteriously?) UP 4.92% pre-market on a coupla hundred shares traded.
Just a WAG here, but looks l…
FWIW, FDRV getting a nice little bump UP this AM likely due to TSLA/Hertz news.
EDIT: For anyone considering this ETF, FDRV closed UP 2.6%, showing the impact of a 12.7% move UP in TSLA.
That said, fund sponsors also tend to focus on what's currently hot. Like electric, self-driving cars, "FDV ... Fidelity Electric Vehicles & Future Transportation ETF, one of four new ETFs launched in October 2021."
Um, yeah, and I'm kinda thin…
@stillers : Thank you for reply.
Derf
You're welcome.
Note there is also a discussion of FDRV on the Fido board in case you are interested. It's invitation only there and it's currently down.
My com…
@stillers : Were you buying on the dip ? Also is this a long term hold ? Derf
FDRV just incepted on 10/07/21 so our first BUYs of it were not driven by the recent Dip in the overall markets. This we saw…
Just completed BUYs on 1/2 of intended holding of FDRV, Fidelity Electric Vehicles & Future Transportation ETF, one of four new ETFs launched in October 2021.
https://screener.fidelity.com/ftgw/etf/goto/snapshot/snapshot.jhtml?symbols=FDRV&…
RE: VTMFX
Here's Zack's 09/07/21 standard type of reply for the masses to that question:
https://www.entrepreneur.com/article/384014
Then there's also the current market conditions, and more importantly, YOUR SPECFIC investment strategy and risk …
M* does rate it as a "Low Risk"
Not just low risk, but volatility so low that it has higher 3 and 5 year Sharpe and Sortino ratios than FFRHX, PRFRX, and SAMBX. For those who feel one can eat risk adjusted returns :-).
Great post in total, but…
On BL OEFs, we've owned NFRAX and RSFLX in 2021. If we were to add another BL OEF, it would likely be either FRFAX or FFRHX. (To wit, considering opening a position in one of them right now). We do not share the same opinion of MWFLX and would hav…
Just wanted to add one last post to this thread.
Today the S&P is currently within 0.5% of it's previous HIGH. Given that and scoring at home, when we get to this point I consider the current Dip/Diplet effectively over. YMMV (but I'm not s…
- “Assuming your question is in good faith and not a rabbit hole invitation...”
- “Other posters have presented studies to show it does NOT work. I've argued that such studies produce statistics that support the Three Kinds of Lies.”
Arguments oth…
"much of my gains would evaporate (at least temporarily) in a SEVERE market crash."
What a surprise! Who would have guessed?
If you're poking fun at me, not sure why. I posted that because some posters here seem to have needed that stated clearly.
Buying dips is easy. Catching a falling knife is difficult. Selling just before a dip is damn impossible . Hence why most studies show buy and hold works for most people.
I kind of think when people here say they bought the dip they are talking ab…
$1,213.00 will be the GROSS in 2022, prior to Medicare taking its cut. Yes, I'm not taxed on SS. But the monthly Medicare premium will take me down to what figure, I'm wondering?
Hmmm...
Did you not see my prior post on this thread that shows you…
net and gross here are simply before and after the MC deduction, right?
Yes, if you are referring to anything I've posted, for simplicity in trying to explain my comments/calc's.
Not sure about any other poster's use of it.
The YTD column of a Fido search of ALL taxable and muni bonds will show you where investors should have been invested in bonds in 2021, and likely where they should be in the coming months-to-possibly year.
FWIW, I've owned several of the funds l…
“If you SOLD the most recent Dip/Diplet, I kindly suggest you address the question, "What do I do now that the market has just about fully recovered?"
...To the larger issue, if buying the dip works with stocks all the time, than it should work wi…
The 5.9% COLA will be applied to your Gross SS Bene.
Backing into your Bene from what you just posted, and assuming you ONLY have Pt B deducted, here are the rough estimates...
2021 Gross Bene: $1,146.00+148.50=1,294.50
2022 Gross Bene $1,294.50*…
"In 2021, Part B increased 2.70% to $148.50 monthly from $144.60. Annually that was a $47 increase."
That is correct, but remember that the 2021 was supposed to be four times this amount or $15.60 ($3.90 x 4). It was limited to 25% by the law that…
Ugh! Nobody's dancing here over our recent Dip/Diplet BUYs as the gains are still negligible and the ST verdict ain't in yet. That said, we have partied pretty hard over the six prior BTDs we've participated in since March 2020, all of which are …
No telling where this all ends up by YE, but for now...
...with earnings rolling in, futures are UP nicely this AM, and S&P will likely have its 50dma of 4,364 in its crosshairs today/tomorrow (maybe even at today's OPEN).
If it overtakes it…
This article has little to do or say about medicare. It certainly doesn't say medicare is going to eat the SS increase you are getting. This is more about the affect all inflation has on low income people, specifically low income retired people and …
...Medicare will eat it anyhow.
There's a lot of that notion going around. Let's walk through that.
I did this relatively quickly - please check my math. Also see Disclaimer below.
Looking ahead...
If your gross SS is $15,000 annually, a 2022 5.…
...And yet, I just read that Medicare will eat the increase. Should have remembered.
There's a lot of that notion going around. Let's walk through that.
I did this relatively quickly - please check my math. Also see Disclaimer below.
Looking ah…
davidrmoran said:
We should have a pool about whether it's going to be over 3%...
stillers said: I'll take the over. What did I win?
@stillers
tell you in october
from the CPIW calcs looks like it, yes
Waiting...lol
Per Google search...
COLA 2022 Increase Announcement The Cost of- Living Adjustment (COLA) for 2022’s increase will affect the money disseminated monthly to Social Security beneficiaries. It will most possibly be declared on October 13. Such a sche…
Maybe not the most eloquent link on taxes, but I believe it was @stillers who mentioned that he pays nothing in taxes...
@stillers mentioned:
haven't paid a dime in taxes since 2012, and may not pay them for 5-10 more years.
A more accurate list o…
We should be days away from the 2022 increase announcement.
Note that the Social Security Benefits Increase in 2021 was announced on the SSA site on October 13, 2020.
2021 announcement per SSA site:
https://blog.ssa.gov/social-security-benefit…
Laugh all you want, the initial bounce IS over, bub.
They did NOT say there won't be another leg down, did they?
No, they said,
The indexes need to get above their resistance levels and confirm the new uptrend. If they fall back, there's a se…
Recently bumped up my allocation to VGWAX, one of the best performing newer (11/02/17) allocation funds and one not many are talking about. Yet.
Took a closer look at FSRRX, a fund that I owned many years ago. Truly is outperforming in its catego…
Fundamental stuff from IBD.
NOTE: If you're NOT familiar with IBD, primarily geared towards indv stock selection but commentary applicable to the markets as a whole.
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-mark…
Slightly negative, mostly muted dip in DJIA and S&P futures in first 10 minutes after release of surprisingly weaker than expected Sept UE report. NASDAQ futures actually improving.
As the data gets digested, futures are recovering back to …
Suggest keeping this discussion on the other, original FSRRX thread.
https://www.mutualfundobserver.com/discuss/discussion/58743/fsrrx#latest
Very interested in further comments on this fund.
BOT a wee bit more ITOT near the Open yesterday before the market recovered. Also added to VGWAX before yesterday's close to catch the expected uptick in foreign markets today. That may do it for me for on BTDip/Diplet activity for the time being …
Here's one (free) T/A's (who I follow regularly) take on the S&P. It's pretty basic stuff but (FWIW) it is consistent with the T/A I pay for.
Take it or leave it. YMMV.
https://www.fxempire.com/forecasts/article/sp-500-price-forecast-stock…
Hi @stillers
BTW, it's not shouting with me, it's emphasis. I learned from three decades of communicating directly to senior management of many firms that people many times (1) don't read what was written, I mean literally, they don't read it, (2) m…
Hey STIllers - Don’t change my words. I said relief bounce. You said relief rally. So, unless your reading in INVESTOPEDIA mentions specifically “relief bounce” don’t tell me I’m wrong. Bounces to me are the opposite of dips. As far as Goldman Sac…
