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.
I believe William Bernstein has stated he doesn't believe in investing in corporate bonds, only invest in treasuries if buying bonds. Thinking is that when economy tanks, stocks tank and corporate bonds have the characteristics of having 10% equitie…
@crash. Nah, no humble bragging here, to be completely honest I actually typed 30 years and then changed it cause I thought it would be thought as even more out there... LOL!
I've pre ordered the upcoming Jared Dillian book. No worries stress fre…
@msf...I would not be comfortable having anything less than 20 years of cash/tbill/gold (not paper) of funding for your current lifestyle living...and then, only then invest in the markets. Ya, I know, most would say this is nuts....my reply would…
Just goes to show that the stock market is NOT a utility, doesn't care that you need 7% annual returns to fund your retirement and it is very risky...what have we had like TWO, 50%+ drawdowns in the past 15 years or something and another couple -20%…
@sma3. +1
You're over the target. All investing models are based off assumptions which may or may not work in the future despite working in the past. Largest decision to make is asset allocation and how much cash tbills you want to hold to meet…
Would the class view it more important to work with an excellent CPA rather than an advisor? I do.
Also, I remember a convo I had with my VP Engr in the late 90s. He and his wife were in their mid 50s at the time and had done well in their career…
Really lousy performance....kinda think (know) sitting in my underwear half drunk throwing darts at a stock name dartboard would have gotten better results .... Several years ago I had some monies in that fund, thought the holdings were financially …
Does anyone want to share their thoughts regarding PHEFX vs VELIX? I'm fairly pleased with the VELIX fund so far after investing in it. First heard about it from an article that Dennis Baran wrote here on MFO.
These funds are what I'm looking fo…
Bring back the McDonnell Douglass MD80s.. fast planes, flew great
Whatever happened to if it ain't Boeing I ain't going?
Not sure if I'd feel comfortable on a dreamliner 787, lot of composite parts on that one and lot of outsourced sub assembli…
" time tested magical thinking...". Too funny @wabac. lol
Wasn't there a fund years ago that was very successful in that it assigned placeholder identifiers for each stock, only looking at financial metrics/performance and took the bias of actual…
....annnddd....she gone...good riddance, don't let the door hit you on the ass on the way out....
Context....depends on context....sheesh, who elects these idiots into leadership roles??
I dunno @MikeM, I give FD just as much credibility as anyone else who posts.. he's got good investing experience as well as life experience. We can always learn something from each other and ya sometimes have a few chuckles and disagreements as wel…
...one would have to take into consideration several factors if one decided to limit the number of funds.... key nan risk, reputation, scale and financial strength of the fund company, diversification within reason, drawdown performance, bench stren…
@FD1000, +1
You wonder how long Harvard can hold onto to their incompetent DEI hire.... really damaging to their brand not launching her ass. Six more allegations of plagiarism.....
Screw her and screw Harvard. Make those SOBs pay taxes like th…
Ah, nothing wrong with shooting the breeze...only time you way to keep the convos on point is when speaking with an attorney who's on retainer. Good grief...LOL!
Ah, sure,...the libs absolutely cannot stand that they can't control the narrative just like all the utter bullshit on the MSM. So now you see the hit pieces on musk. Like him or not for certain he is a modern day davinci and Edison rolled into o…
a comment and a question....
Not sure if it was Pfau who stated this...but there's a concept that the riskiest time for investors are 5 to 7 years prior to retirement and 5 to 7 years after retirement...the ole' sequence of return risk...so thinki…
@sma. Interesting view on the WSJ. I feel the same way about the NY Times and Washington Post along with propaganda like the Chicago Tribune.
What I find interesting about ESG is that you'd have to be an outlier to not want cleaner air, better e…
@old Joe. Maybe adjust to circumstances...maybe go to a free outdoor concert in the park nearby and don't sit near anyone, keep some space. Sure not the SF Symphony but you'd probably still enjoy it.
My wife and I go to minor league baseball ga…
Glad to hear all are doing ok and are and have recovered from their Covid challenges. It's real for sure not just the flu. Bigger picture this thread is a good reminder to proactively take care of your health
Don't smoke, only a little alcohol no…
@Devo, question sir, what are the potential consquences of the fiscal deficits you mentioned above...more treasury issues starting in Jan 2024..with many not sure who is going to buy them...does this mean higher rates or minimal impact? Isn't the t…
...according to CBS, the The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs.
Nah, I don't think so... record amount of charges on credit cards, record amount of folks borrowing from their 401k, layoffs starting to rise...food still very expensive....
Rather than make a snarky Krugman remark now, may I respectfully submit to the class that for one home the property tax went up over 30%,the other 27% and still waiting to hear about the 3rd. My goodness, if this isn't inflationary I'm not sure wha…
@BaluBalu, thx for the reply...I'm referring to short duration T-Bills...of which most would say are the "safest" investment one could make....so why pay fees, take risk for a fund that cannot even out perform T-Bills....
To your point of choice co…
ROSOX has underpeformed 100% cash holdings since inception. Will the fund be returning the management fees to shareholders?
I have my doubts about this one going forward...one of top holdings is PUMA...ask any German teen/young adult and they will…
Good point @MikeM relative to time. @Sven. I was referring performance since inception not ytd. Since inception, I believe the point I was making was directionally correct.
How can CGDV be called Large Value when they hold stocks like say MSFT, AAPL, META which in aggregate both of them having price/free cash flow in the high 20's/30's or something like that? Does that scream value to you?
Maybe still a really good…
Bank stocks like Citi and Bank of America have done terrible the past few years. Jamie and Jeff as in bezos selling stocks in their companies...why?? Not a good sign when banks struggle....
Cramer is a clown. Watching his comedy show is painful…
Best lesson I learned during an executive education marketing program at university of Chicago....guy who worked for a pet food company in Brazil said about stupid advertising.....quote. If it didn't produce the results they wanted and weren't effe…
Bought starter position in CBUDX crossing bridge ultra low duration, buying more one and two year bills/notes, adding to PHYS and nibbling additional MRFOX
Be very careful out there when soliciting quotes.. I once asked an Allstate rep for a quote. Came in $300-400 less than State farm. Put it under the microscope. Asked why they left off uninsured motorist or something....oh we don't offer that in…
Definitely need to look at the financial strength of the insurance company you go with....what is also whacked is that the insurance business is something like your cable company...the newer customers get the best deals (or so it seems?) You'd have…
Don't get me started on car insurance. I've been told that the majority of the cost is liability and that bumping up the collision deductible really doesn't save y'all that much monies. I then ask so okay, liability. I have four automobiles and o…