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.
A fabled forum poster kept the old M* pages alive for us. Use the referenced link in my post to access the old M* pages. Simply change the fund symbol in the URL for other OEFs. Note that method works for all tabs except "Quote," which if clicked…
David, if you're not a teacher (and have never been one?), you can't begin to argue the issue with any insight.
Gotta admit, I stopped reading your post there.
Following that logic (?), do you also hold that if you've never played professional s…
http://financials.morningstar.com/fund/purchase-info.html?t=ITCSX®ion=usa&culture=en-US
Excerpt:
Brokerage Availability ITCSX
Comerica Bank
Securities America Inc.
ING 401(k) Adv
Shareholders Services Group
Pershing FundCenter
Trade…
Great points. MSSMX, for example, was ranked as follows in the SCG cat:
2018: 18
2019: 12
2020: 1
2021: 1
My eyesight and analytical skills are both fading somewhat, but that doesn't look much like luck to me.
Aside: I'm routinely accuse…
Taxes. BIG problem for lots of investors, and as you've described for many MSSMX shareholders. Fortunate enough to have successfully executed a life-long investment strategy to still have 95% in tax-deferred a/c's post-Medicare age. Hold only a f…
@sma3 Great comments. ALWAYS interested in comments of LT holders of funds. TSLA and/or one huge holding is NOT an issue with BGFAX per its 12/31/20 holdings. The only item of note to me with it is its heavily overweighted technology allocation …
Bought some BGAFX today. It was my on my final WS BUY list but just never made the cut. Reduced VWIGX allocation to make room for it.
Thanks again to @BenWP for the thread/post.
What are your other bond holdings, if any?
What is your risk tolerance?
What are you trying to accomplish? Diversity? Total Return? Income?
Is this for a Fido, VG, other a/c?
You'd need to provide at least some additional info to get a cre…
GME was DOWN a whopping 60% today BUT MSSMX was UP 2.05%.
So GME could have been part of the cause of yesterday's fractionally DOWN day. If it was though, it would seem likely then that GME was sold yesterday as MSSMX did not have the same price …
Yeah, noted that. VERY RELUCTANT though to even TRY to state the one(s) that are the culprits to date, and will be the culprits in the coming days/weeks/months, given the somewhat stale (albeit only a month) data on its holdings and their respectiv…
I'll try to make this one of the last regular posts on this but there seems to be some interest...
MSSMX, DOWN fractionally today, appears to have been adversely affected, perhaps by one of the squeezed stocks. In a rush right now but will look at…
I saw this list in the M* article. Pretty hard to create a more obvious list than this for suggested core holdings.
Lemme get this straight: Buy a Total Stock Market index and/or S&P 500 Index for your core holding? Duh.
Moving past the…
VBIRX UP 0.09%
SLV*** UP 1.09%
*** = UPDATE: For Monday, see also
https://www.cnbc.com/2021/01/31/silver-futures-jump-7percent-as-reddit-traders-try-their-squeeze-play-with-the-metal.html
Really crazy performance history of feast or famine. MSSMX has been the #1 ranked in its cat 3x including 2020 and this year, but in 2014-2016 threw up a string of 99-96-96.
On the shorts issue...keep in mind that MSSMX was UP 150% in 2020. The…
OK...MSSMX UP 150% in 2020. UP 30% YTD.
Read it again slowly and try to understand it.
On the short squeeze question, speaking generally to all readers/posters...
I would caution limiting one's concerns about this issue to just SCs and/or any s…
OK, so MSSMX is human, so to speak, after all. Finally DOWN 3.18% in concert with other SCs.
Increased my stake in it today by 50%. One more BUY to go to fill out the position. Seat belts not included.
MIOPX, 3 yr and 5yr, is in a dead heat with VWIGX. I don't own any Vanguard funds in my fund supermarket account, but I assume there's a transaction fee. MS funds are no-load, NTF where I shop.
Good point. Prior owner of it.
Nice comment about VWILX at the bottom of his Feb 2021 newsletter:
"Note: I can find no fund that comes near beating my
Recommended Fund in this category, namely VWILX."
Or, as I am more apt to say, there's VWILX then there's everybody else in i…
Beating a dead horse here, but SCG MSSMX UP 2.99% on a sell-off day.
For me, that does it: adding more to it tomorrow.
Maybe another +150% year is coming?
Yes, I'd forgotten about the $5M entry, but my wife was in that one for a few very profitable years--- but via her 403b.
That's what I was thinking, 401k or 403b.
My offering to this discussion on small-caps: VSCIX Vanguard. Index.
Excellent choice, up to a point.
VSCIX has a $5M minimum for all types of accounts. I own VSMAX with a slightly lower minimum.
@racqueteer
MSSMX UP another 5.31% today. Time to look a little deeper under the hood of this freight train.
And...at what level do "finder's fees" apply? ;^)
Noted.
But seriously man, you actually quoted this gem:
"I don’t know why and I don’t know when but eventually investors are going to become uncomfortable once again."
Well, at least it rhymes. But my beloved dog could have told me as much. Sh…
SCs are revving their engines yet again this AM pre-market. This has been IS quite a ride!
Not exactly sure why I believed both the SC and EM "stories" this time around but oh so glad I did.
dumb and forced for the author and for the site, wtf
when there is no point, assume mandatory minimum copy plus pay per word
LMAO! Made my day, already!. Thanks.
I've read that guy's stuff a few times and just don't know what to make of it. H…
@BenWP
Thank you for your GREAT additional detail - was not aware of some of it.
And yes, the decision between one of the MS WS funds and BGAFX was a tough one. All excellent funds. But I chose MIGPX over BGAFX probably due mostly to my greate…
Not to worry, it was a great exercise for me to help insure that my personal take on both of these funds is correct. YMMV on that.
FWIW, as a bit of history, I owned MGGPX though much of its outperformance years, sold it around the time of the 20…
@stillers - If you back out what has happened with the performance in MIGPX since the March 2020 downtown MGGPX has bested it over all time periods.
Well first, their TR performances are not all that different.
I see your point and understand w…
And an 18-yr old should learn to understand and embrace volatility as early as possible in their investing career. As one legendary M* poster used to routinely remind us, "Volatility is the price you pay for growth."
Note: MS also has some of the …
I prefer MIGPX over MGGPX, though both are great WS funds. MIGPX is much smaller and has shown consistently better TR performance over all periods despite higher ER and significantly higher turnover. That said, I would easily suggest either as an …
SCG MSSMX UP 5.01% today.
Just sayin'.
And my thanks for bringing it to my attention the other day. I looked at it and bought immediately; which was, fortunately, BEFORE that surprising gain! I'm a believer in the SC rotation; so your mention was…
YMMV = your mileage may vary.
Also, you can get the standard amount of SC exposure (floats between ~6%-~10%) through the use of a Total Market Index fund. VTSAX, e.g., currently had about 8% SC.
FWIW...Reasonably sure the rotation from LCG to S…
@stillers and Fido is offering many of them no load or fee... and I am gobbling them up. :-) I'm in 3 now... but not for short term... long term.
JG: I've been seeing your posts here and elsewhere. I think you're making a lot of great LT moves. …
