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.
Interesting Article on a unique approach by North Carolina's State Insurer "of last resort" regarding the use of CAT Bonds for disaster preparedness for individual NC property owners.
As the Trump administration stalls federal funding for projects i…
From Michael Antonelli market strategist at Baird - since 1929 only one recession has started in year two of a Presidential cycle. So if you are looking for a recession in 2026 you are up against daunting odds.
Isn't that like betting on how a coi…
can any private company be a 'not-for-profit' by using 99% of the gains on salaries and business deductible amenities? asking for a frenemy.
I'll admit that I'm not quite sure how all that stuff that Vanguard claims works out in real life.
I have…
Hard to get past the dollar numbers posted by @bee.
Taking on the cost of vehicles and insurance would be a big change for Uber and Lyft. Would that be cheaper than humans? I dunno. But I don't know where the demand is coming from to pay for the n…
New watch list oddity: DVY in my US equity watchlist now links to Adtalem Global Education.https://www.morningstar.com/stocks/XBER/DVY/quote
M* has added yet another new warning about their reliability:
Morningstar Investor's Portfolio tool may not…
Shoot off a flare when I should sell all the inherited odds and ends that we never use.
It might be an apocryphal story that the Hunt Brothers attempted corner ended with an influx of silverware and tea and coffee settings..
Has anyone tried to c…
I marinate the turkey in yogurt for 24 hours. Makes all the difference in the world.
Our local Mexican market sells turkey necks so I can make lots of savory stock for gravy, stuffing, and hash on Friday. My son makes a mashed potato recipe from J…
Marinate that turkey in plain yogurt for 24 hours and you'll never go back to any other method. Been cooking it that way for at least fifteen years.
Hmm. I wonder if it's too soon to make a turkey sandwich.
I have a lot of funds in my watch list at M*, and almost all of them outperform RSP over all the time periods of a year, or more, M* tracks. That includes active and index funds. Of course I don't put too many dogs on the list.
If I look at funds …
If we went back far enough we'ld get the buggy whip makers.
What I don't see, and it may very well be my problem, is how these other top ten stocks accounted for so much of the return in comparison to what we are seeing now. In other words, if we w…
That's very interesting @yogibearbull. I didn't notice that.
But I wonder why my watchlist is pulling data from Mexican Morningstar. I can assure you that my watchlist is at morningstar.com. And it now seems that VCSH in my watchlist is linked to M…
In the IRA: Sold BUBIX, CBUDX, and FLTR. CBUDX and BUBIX have fallen behind FGUSX in performance and yield. I'm not sure where the proceeds will go. Watch this space.
FLOT will replace FLTR as the designated floater. It has a higher exposure to gov…
Both actually.
We take some dividends, and some capital gains, from the taxables while the IRA's reinvest. When we hit RMD's the taxables will go entirely to reinvesting.
Should one buy here? There seem selected opportunities - lots of stuff is lagging in this narrowly led market. But beware that the lagging stuff would also be hit hard in any market selloff.
I keep telling myself that.
Recent purchases of equity f…
Seems to me that one particular person is responsible for whatever effect massive new tariffs are having on people and the economy. Unlike manias and crashes, these tariffs are not an expected by-product of whatever anyone imagines a "normal" market…
From @Sven's link:
Nonetheless, Amazon, Google, Meta and Microsoft are set to collectively sink around $400 billion on AI this year, mostly for funding data centers. Some of the companies are set to devote about 50% of their current cash flow to dat…
I haven't seen what DFA is saying.
@WABAC I'm confident that DFA says it requires investors to a DFA-trained advisor so that investors get sound guidance. Lately I haven't been able to find this on any "authoritative" source. The best I can do ri…
In the IRA: Sold BSBIX. That duration and yield aren't going anywhere at the moment. Even BUBIX would be an improvement. I'll probably add it to FLTR, or similar.
I ended up buying a slice of HSDIX with the proceeds. Around the same duration, with …
I have read another report that quotes the NTSB saying it was an improper installation.improper installation.
The NTSB determined the probable cause to be the “loss of electrical power (blackout), due to a loose signal wire connection to a terminal…
@msf, and I would add GMO to the conversation.
IIRC, GMO made the argument that their investors wanted the convenience to trade, which seems antithetical based on the minimal amount of time I have paid attention to that company.
I haven't seen wha…
Look on the bright side: We won't have to worry about port, freight, train, and trucking workers buying too many dolls and pencils for their kids for Christmas. That will leave plenty for the Vance kids.
In the IRA: Sold BSBIX. That duration and yield aren't going anywhere at the moment. Even BUBIX would be an improvement. I'll probably add it to FLTR, or similar.
Everybody talks about how this isn't pets.com, but Jain hits the points I have been thinking about:
During the dot-com era, the big infrastructure builders were incumbent telecommunication businesses and global long-haul telcos and equipment names w…
From Markets A.M. Comments: Imagine each state with dozens of mini-zones which varied by a few minutes. Why???
It likely wasn't due to state regulations, but to local observations of solar time which changes by four minutes for each degree of longi…
Is anyone knowledgeable enough?
Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. nd can cherry-pick select statistics to "prove" th…
Jeffrey Gundlach joins the choir.
DFL/TLDR
“The health of the equity market in the United States, it’s among the least healthy in my entire career,” Gundlach said. “The market is incredibly speculative and speculative markets always go to insanely …
I don't think Jakab really elucidated the benefits of a ravening bear. Feels like he recycled some old Wall Street cliche.
The taxable accounts are as invested as they have ever been in equities. At the present time we do realize some dividends fro…
RMDs, I'm sure you intended. Those are gonna hurt, but the $$$ can be reinvested in taxable. 2 more years to age 73. Born in '54. No escaping it. Death, taxes, winter. Well, not much winter here. Sometimes, however....
Yeah. Minimum required distrib…
I bought some PMFYX last month at Schwab where it is NTF.
Nice. :)
I would love to get it for that expense ratio. But I did duck the load at Fido. It's also NTF, and one could get in for $2500.
I happened to buy a slice of PMAIX earlier this week as mentioned in the BSW? thread. It's yearly returns aren't always as high as the funds mentioned above, but it does lead on the yearly Ulcer Index number going back eight years--the age of the tw…
The rest of us are paying tariffs at a regressive rate. So it's revenue neutral. And those rich people are going to use all that money to hire people to do . . . something. AI can't wax the car . . . yet.
MGOIX is classified as an intermediate core bond fund by M*. However, it's 93% taxable munis, which is not a mix you see all the time.
I ended up buying a slice just to take a little risk on longer duration. The IRA is still under two years overal…
@WABAC: Bloom Energy for one reason.
(gulp)!! Meteoric! Years and years of gurgles and sniffles...then bam! I'll track it. Thx.
PBD and TAN are also ahead of SMH, YTD, and for the past twelve months. I know this because my spouse wanted some of th…
