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 have been using the cap gains to pay property taxes these past few years.
I suppose that ain't the way smart people organize these things.
I'll look into dumping this after I do our taxes. It has been an interesting ride.
To my great surprise, the market turned up in the last hour of trading. I decided to use this opportunity and go to approx. 90% cash for the duration of this war.
As a retired investor, preserving capital is more important to me than seeking retur…
Thank you. Lots of info there and a now bookmarked site I was unaware of.
De nada.
I even use it to look up exercises. These days my resistance exercises often look more like rehab for various joints.
You're paying him a lot of money to allocate the way he does. If, in 2022, you had a similar allocation to BUBIX, USFR, and one of several dividend-oriented ETF's, you likely would have done as well as PVMCX. The difference is, you would have contro…
@WABAC - "That'll help keep your blood pressure in the healthy range." I wish and hope that's true but the VA begs to differ. What do they know.
Check out taurine for BP on pubmed.gov before the crazies shut it down.
I rarely, if ever, get excited by the 'futures' except as a means to look for possibilities on sale. When the futures indicate a sell down it's too late to step out of the way IMHO so I search for possible bargains in the rubble if indeed there is r…
In the IRA: Sold MGOIX, PMAIX, and GLIFX. They are all still in the green. OTOH, I don't care for the exposure to longer duration bonds and/or foreign equity. That's not where I want to be when the world goes crazy.
Several funds are already in th…
FSLEX, IYK, and FDAX were up in our accounts.
In the IRA's we're thankful for the funds that stayed in the black: THOPX, FEUGX, BBBIX, EILDX, and HSDIX that are held in varying amounts between our two IRAs.
Sometimes, it doesn't take DJT all that much to back off.
Donnie just said he's ordering the Intl Finance Development Corp to offer political risk insurance and financial guarantees to 'ALL Maritime Trade' and says the US will start escorting ships…
It is only $1.8 billion from the flagship PE fund. Something is brewing in the horizon and it smells like a 2008 all over again.
I don't think the PE market is as big as the real-estate market was. We haven't seen anything like NINJA loans. But it'…
I only held it in the IRA. I look at allocation funds as defensive funds. If I want to have growth in the IRA I'll buy an equity fund in the blend or growth box. So I dumped the whole thing.
I've got a lotta cash that is probably devaluing faster than it is earning.
The dollar index has been rising. Among the ultra-shorts I track, TBUX and USFR are up today. I'll have to wait a while to see how the FEUGX FGUSX in my IRA performed.
At …
In the IRA: Sold out HSDIX and remaining position in PRWCX. Sold out VNLA and GSST where I was stashing some cash.
At the moment the plan is to buy FEUNX and more--or less--add to existing positions in MGOIX, NRDCX, THOPX and JPIB. There will also…
Thanks for additional granularity. And I appreciate the optimism.
Still, could it be a little more complex than that? Higher services are still a drag on the overall economy. Affecting many income levels. Services includes healthcare, rent, transp…
In the IRA: Sold out HSDIX and remaining position in PRWCX. Sold out VNLA and GSST where I was stashing some cash.
At the moment the plan is to buy FEUNX and more--or less--add to existing positions in MGOIX, NRDCX, THOPX and JPIB. There will also…
A detailed takedown of the Citrini scenario at the dinky linky.
TLDR:
For AI to produce a sustained negative demand shock, the economy must see a material acceleration in adoption, experience near-total labor substitution, no fiscal response, negli…
They are attributing today's market drop to these new tariff
I'm not so sure it's the new tariffs per se as it is the increased uncertainty, as if that were possible. We have Trump telling the EU that despite having negotiated lower rates, he's st…
@DrVenture:
I can only have 50% of my 401K in the self-directed brokerage area. And I sold some mutual funds in the standard side, not too long ago. Waiting on a better opportunity (soon?) to buy back equity. BND seems like a better place than the M…
@WABAC, we have been reducing equity risk as we are approach retirement. In light of the stock market valuation and the over-hyped AI, we say no thank. Since you asked, we at low 40% stocks, and the rest are boring bonds, and money market.
@Sven…
More on the previous post regarding @davidmoran link, they suggest this "simple new portfolio":
5% in gold, via GLD, an EFT that holds physical gold
50% in VT, an ETF that invests in stocks all around the world, including the U.S. It has about 62.…
I wonder if there are lawyers out there now dreaming of class-action lawsuits on behalf of all the US citizens that were ripped off by Trump's illegal tariff scam. I mean, who wasn't?
Also from the NYT:
[Justice Kavanaugh] also noted that the administration had used the leverage of tariffs to enter into key trading deals with other nations. Mr. Trump, he wrote, “helped facilitate trade deals worth trillions of dollars — including…
Latest update from NYT.
"Another statute, known as Section 122, allows the president to enact a baseline tariff of up to 15 percent
on all countries to address issues related to the trade deficit, though the taxes on imports
may only stay in place …
Google AI answers vary slightly if the same question is repeated another time using the same browser & IP address.
The AI in their browser wouldn't touch it. I was surprised by the result from Gemini. It was much less verbose than it has been in…
MSN has it from Seeking Alpha: https://www.msn.com/en-us/money/companies/blue-owl-halts-redemptions-at-private-credit-fund-targeted-for-retail-investors/ar-AA1WExfr
I did a follow up with perplexity:
So if I ask you this question tomorrow from a different browser with a different IP address you promise won't make this mistake?
No, I cannot promise that, because each query is handled independently without retai…
Claude reigns. I asked haiku 4.5 via duckduck and got:
how would you allocate between these four mutual funds FPACX, PMAIX, IFAFX, and SGENX
Claude Haiku 4.5
I'd be happy to help you think through an allocation between these funds, but I need a bit…
Dueling AI's.
What I got from perplexity was that it couldn't accurately track tickers. It assigned PMAIX to PIMCO All Asset All Authority, and FPACX was variously assign to FPA Crescent and Fidelity Puritan.
Here is what I got after I corrected …
For what it's worth, Claude is by far the best of the consumer-facing LLMs and I suspect that Anthropic is the best of the AI companies.
Since you share with us the things you invest in, I'll consider this opinion accordingly.
