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.
As long as the debt is spiraling, rates are rising, and the oil war continues, I'll be sticking close to USFR. I see no reason to expect that what happened over the last ten years will have anything to do with what happens over the next ten years.
In the IRA: Sold FGUSX. Proceeds will go into USFR.
I'm pondering SDCI, among other commodity futures funds. I find M* useless for learning about this sort of fund. Look here.
Here's one nomination... you may have one in your town.
man-leaves-6-million-in-bequests
Doing it while "frugal" is one way. Doing it while living well, is a whole other thing. The notion of creating a pile of money that one doesn't enjoy, seems a…
Morgan Stanley says AI disruption of software will send private credit defaults surging.
"In our view, AI disruption will be a meaningful catalyst to drive defaults in direct lending," the bank said. "Despite moderating defaults and benign ratings t…
In the IRA: Bought a chunk of USFR. Thought about slices of FFGIX and FSRRX but decided I needed to dive a little deeper into what they do--especially the latter.
There are more posts in "The Bullpen" than there are in the fund discussion forum. Seems like an unnecessary distinction unless you see some value in archiving older posts, mostly by @TheShadow, in a category all their own.
I have been talking about the comparison to the Great Recession, aside from worldwide impacts, this is what I found on wikipedia under subprime crisis:
Between June 2007 and November 2008, Americans lost more than a quarter of their net worth. By ea…
I thought of this thread as I read this piece from Fortune.
The header is: Scott Bessent just defined market panic—and accidentally diagnosed the biggest problem with AI
First, the definition:
“Markets go up and down,” Bessent said. “What’s importa…
I always wonder about the amount of money being talked about. The property-finance debacle involved a whole lot of money. I don't know that private equity/credit amounts to near as much. In this latter case it's a good thing all f this is coming to …
@catch22 thank you for all of the information. I am mainly considering it for some point when I don't care to manage so much of my IRA. Though I will say, in the last 12 months or so, I have got very good at selling assets in the IRA. :-D
My wife has some portion of her TIAA-CREF in their "gauranteed" annuity, which I guess would be immediate once she has to start RMD's.
I sometimes think about annuitizing some of my IRA. I think there's a limit. Still three years out for both of u…
Tariffs are certainly part of that. It doesn't take much more than a few minutes on wikipedia to find out the history of how Americans feels about tariffs. Shoot, all you have to do is look at the old-fashioned cartoons to get the drift.
Dead men walking? lol
Consumer staples, energy, industrials, materials, utilities...
I have been adding to these for a few months, without knowing what they were "called".
Most of my current buy list is in such names. DVN, TSM, CLX, BMY, BKR, PG,…
I noticed this comment in otherwise boring coverage of the latest spiel coming out of Pistol Pete--so no link.
“Above all, we are struck by the fact that a number of Washington-based security analysts seem to be working with longer-duration timeli…
In the IRA: As I mentioned to Sven elsewhere, I sold NRDCX. There was a lot less of a green cushion. If FGUSX drops to the price I bought it at last August I'll be out of that too.
I was looking at the results of previous sales in the IRA, none wer…
My guess has been that Trump and the Ayatollahs can remain irrational longer than my IRA can stay healthy. I'm hoping NRDCX and FGUSX can stay in the green. But I won't hesitate to sell.
Congrats, you have lots of patient. I am afraid this nightm…
TONIGHT futures up
That was then. :-). Looking pretty red now.
My guess has been that Trump and the Ayatollahs can remain irrational longer than my IRA can stay healthy. I'm hoping NRDCX and FGUSX can stay in the green. But I won't hesitate to se…
I've been selling bond funds in the IRA's that are in the green to preserve capital. Lucky for us we don't need the money yet. That money will go back into money markets or funds like USFR. So, just different types of bonds in the long run.
Outside…
I sell the IRA and leave the taxable alone. I'm three years out from RMD's, so a little late to get rich, still time to save the buffer to the SSI debacle.
I hope to leave the taxable to the spouse/kids, so there's a longer time frame in view. I m…
In the IRA: Sold BBBIX, EISIX, FMIEX, and THOPX while they are still in the green. That leaves FGUSX and NRDCX as my only positions in the green. Holdings in the red are around 15% of the portfolio, so I don't mind riding it out with them.
@WABAC smart TVs collect and monetize viewing data using Automated Content Recognition (ACR).
Similar to tracking cookies for site visits on the internet. An example is: YouTube knows what we view.
Thanks for the info.
From time to time I watc…
IRA or taxable? What's the purpose of either account?
For us, our IRA's are about retirement. The taxables are about our legacy.
We'll be realizing modest gains in the IRA's tomorrow, and letting the taxables run. We have enough ready cash in the …
Not that big a deal these days. Wouldn't surprise me if many of their container ships are now too large for that canal anyway. That was the way things were heading when I got out of port operations.
@David_Snowball: I think it's Patrick Galley (not Gallery). Makes sense because he's the head chef, not an observer. The older CEFs from the RN galley are cuisine minceure, good should you have too much dough.
You're cooking with gas!
I don't know that they do. I don't hate my brother or my inlaws.
I do know that there's a lot of money and political success in selling it. I haven't watched the news since Network. And the only thing I listen to on the radio is music.
I may be o…
BIAWX was just another "sustainable" fund over-weighted to tech. Some tech-sector funds are still doing rather well YTD and this week. I own some of those. I also own FSCSX, which hasn't looked well most of this year. :-)
AVALX is pretty much a on…
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…
