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.
Obviously the Diamond Hill HY team is great, I've been with them for years and very happy. My existing Brandywine fund (LFLAX) has been just as great in its own right.
You might want to explain what you mean by "just as great in its own right." I…
Obviously the Diamond Hill HY team is great, I've been with them for years and very happy. My existing Brandywine fund (LFLAX) has been just as great in its own right.
You might want to explain what you mean by "just as great in its own right." It…
Futures are trending downward for tomorrow. Even though S&P is down 1.5%, it is still up over 10% for the year.
You might want to check that...
https://www.cnbc.com/pre-markets/
Good grief.
davor originally quoted the article he linked that incorrectly states,
"That would be the biggest cost-of-living adjustment (COLA) hike since 1983."
The correct statement in that regard is,
"The projected increase of 6.1% for 2022 w…
Great thread. Personally though, playing O-F-F-E-N-S-E at the moment given the recent start of the rotation back into big tech. To wit, bought AMZN last week. UP a very quick 7% on the heels of today's 5% pop.
Lots of ETFs out there. You might want to at least list a couple categories you are interested in like AA, LC, SC, EM...
https://www.schwab.com/resource-center/insights/content/etf-investment-strategies-how-to-pick-an-etf?cmp=em-QYD
https://www.s…
Agreed. It's likely going to be slightly-to-moderately higher.
As noted here, the annual COLA bump is announced in October using the following methodology. It's all about the 3rd Qtr YOY CPI-W change.
https://www.investopedia.com/social-securi…
hank,
All of which has NOTHING to do with my post on/the subject of this thread, but hey, if that's what it takes to get your rocks off at your age, congrats.
FWIW,
(1) How can you "agree with me" that my posts "are superior to yours" when I NEV…
Just the facts, ma'am.
And here they are.
With a comprehensive personal investment strategy an investor can avoid the inevitable, repetitive and difficult questions like those asked in the OP. Or, at least have the answers at the ready.
Altern…
LCB PRBLX's oft-forgotten sister, LCV PARWX is NTF at Fido and the leader of the LCV pack of NTF and/or TF funds over most periods. Have owned the latter since late 2020/early 2021.
ms
Me? I do the usual, select several funds/categories based on a nice smooth uptrend chart and why I used Muni fund since 04/2020 and prior to 03/2020. I hardly ever use duration.
I've been reading your bond posts for about ten years.
Just about…
Yes, wage inflation is something of a prerequisite for for increased inflation risk (and why I consider it to be over-hyped at this point).
Also, not all inflation is created equal. That is, different investments do well/poorly at different inflat…
DFFVX is UP 17.31% YTD while FCPVX is UP 25.13% YTD. (I confirmed that data on their respective sites. M* YTD TR data for the latter is incorrect.)
That ~+8% better YTD performance is despite the fact that FCPVX is historically a worse performe…
What? LT/ST objective has NOTHING to do with this.
PVFIX, US News #36, is a perennial SCV laggard and is in the 100% (last) SCV YTD percentile.
http://performance.morningstar.com/fund/performance-return.action?t=PVFIX®ion=usa&culture=en…
RE: US News Rankings...
You really don't need to go any further than looking at their #1 ranked SCV fund, DFFVX.
http://performance.morningstar.com/fund/performance-return.action?t=DFFVX®ion=usa&culture=en-US
How is a M* 3* fund that…
Lots of very good suggestions. Some drifted away from the specific OP request of SCV to suggest SCB and/or MC.
The important takeaway though is the OP identified a category that has been outperforming for several months and appears likely to co…
Eeesch....
The four listed funds include two Morgan Stanley funds, one Fidelity fund, and one Artisan Partners fund. All four funds are top funds in their respective categories and some could easily be regarded amongst/as Best in Class.
Morgan St…
Not sure if they fit your exact criteria, but for my money in the SCV cat...
FCPVX and/or RYOFX.
You can also get a nice slice of SCV in allocation fund FMSDX.
JG: VERY impressed that you would start a thread to point up your LOSSES!. How refreshing to see honest, full disclosure by a poster. Congrats to YOU!
Actual YTD TRs:
MSEGX -0.93%
ARTYX -2.99%
FSEAX +1.08%
MACGX +0.57%
As I trust you kno…
CW was on CNBC Monday:
https://www.cnbc.com/2021/03/08/cathie-wood-says-the-underlying-bull-market-is-strengthening-will-benefit-arks-strategy-over-time.html
From today:
https://www.cnbc.com/2021/03/09/cathie-woods-ark-innovation-fund-is-set-for-…
FBALX is a GREAT fund that I've owned for as long as I can remember but it pushes the envelope of a 50%-70% AA fund. YBB has noted recently that it at times acts like an aggressive growth fund. That, and its steller mgmt team, are likely some of t…
The OP asked for suggestions on a "conservative asset allocation fund." Lots of great suggestions here but I'm not sure many of them are what the OP is looking for. (Some are actually aggressive AA funds.) To wit, I at least don't regard any AA f…
fmsdx cfiax azanx hold a lot of non investment grade bonds so they dont compare well to hblix, wbalx or bampx. they are all classified as conservative allocation funds. but fmsdx cfiax and azanx loose a lot more when the market melts down. I would r…
@stillers
I have been DCA'ing into TMSRX. FWIW, it has easily been outperforming those three AA funds since its inception with only ~28% stocks.
So was IQDAX vs other alternative multi-strategies.
Not sure that's true but I'll take your word on …
I have learned from past mistakes and would never buy a new unproven fund like IQDAX. And I might add I would not buy the TMSRX fund either. For a low risk fund for my portfolio I would prefer a funds like bampx, wbalx, hblix. I own all of them. the…
It's really not that hard to beat the market. Simply BUY the funds in the smaller percentile that ALWAYS do.
OK, that's funny, like saying It's easy to get a 100 on a test. Just don't get anything wrong.
Hmmm...it's not intended to be funny, rather…
Good point @sma3. Note also that it does hold 40+% munis and they are generally longer duration.
I don't like to engage in too much of the bond detail stuff, but it is a necessary evil of owning them. For those who do and may need a primer/refre…
@JonGaltIII
Great post.
It's a tired old debate that at best provides confirmation bias to those who want to believe it or just don't want to try to beat the market.
To wit: I own 11 dedicated, actively managed stock funds. All 11 easily b…
Look closely at interest rate risk, usually measured by duration. Be wary of anything over 5 years avg duration. It is the reason I left a couple possible bond OEFs off my list.
Note that PTIAX does not publish its duration. Spoke to them years…
racq: "Thanks for the links; I'll take a look at the movie (documentary?)."
Yeah, documentary, like I said in my prior post...
The first was deeply dived into in the iconic, must see, 2010 documentary, Waiting for "Superman". Despite its critics,…
the main morningstar page dropped the "purchase" tab long ago, but this one still gives that information. You have to manually change the Fund symbol. Not clear how old purchase info is
http://financials.morningstar.com/fund/purchase-info.html?t=IT…
To add to my prior post, I would suggest the first couple on my list (if you're interested in it) to look at closely for your stated purpose of diversification would be PTIAX and one of the HY munis. They will however NOT get you the global exposur…
I'm confused by what is being debated here.
It seems that some may be concentrating on how to solve the BIG, LT education system issues, while others may be concentrating on the immediate, urgent need to address the issues of reopening schools du…
In no particular order, I think all of these would add worthy diversification...
HY Munis: OPTAX, NHMAX, MDYHX, GHYAX, MMHAX, VWAHX, VWLTX
BL: EAFAX
HY: VWEHX
MS: PTIAX, PIMIX, TSIAX, HSNAX
STB: LALDX, VSCSX
I always just used to think of Santoli as the guy who interviewed Art Cashin, but it seems as though Art's wisdom is now more frequently coming through him, as Art's air time dwindles. Here's a worthy take of his on the current state of the markets…
