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Seems like an unusual first ETF for a company that claims:
we offer focused strategies designed to maximize total return—while avoiding speculation—by investing in strong companies that offer competitive yields. dinky linky.
They currently offer tw…
@BaluBalu, losing Super Micro and Deckers probably didn't help. Despite all that, still ahead of the 500.
If it was you who talked me into buying it, thank you very much. I was replacing Vanguard CSRP-based funds that were more alike than differen…
I own XMHQ but I am hesitant to recommend non-active in the SMID space. But SMID ETFs in a trading account are OK.
I think the X's make an interesting contrast to the pricey boutiques Barrons likes to tout. As yogi's charts point out, mayflies are …
It is interesting to revisit the point of the original post, i.e., the desire to achieve some measure of safety and protection with derivatives, options, etc.
That's out the window now baby. Party time!
XMHQ is something I will be keeping in the IRA. The current strategy is only good for the past five years. As of yesterday, it is leading SPY over the past five, three, one, and YTD periods. I also own it in the taxable. It is just about 15% tech.
…
@WABAC I swallowed a loser awhile back from Peaks, believe it was the last fund they put forth. Also recently I sold another fund from peaks. Made a few bucks, but not enough to cover the loss from the loser. Guess I should see when next addition c…
@WABAC Back to even with GPGCX I take it ? I still hold this fund & add quarterly. Do you have any Peak funds in your holdings ?
Yes, just a little past even. I'm still stuck with Global Stalwarts. Gonna take a heck of a rally to get out of th…
In the IRA: Have finally been able to sell GPGCX and VEXAX that were acquired in the fall of 2021.
Funny story, to me anyway, the day after I bought VEXAX I was reading a thread here wherein msf and Yogi had a chat about what a lousy index it was. …
I see it's an index fund. So ignore my previous comments.
The Fidelity U.S. Multifactor Index℠ is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, posit…
Like a lot of Fido funds I have looked at, it has five of the Mag 7 for the top five stocks, the manager's own choices, and then a lot of steady Eddies like tobacco and soap.
Now that I have had my morning nap, I see it's a rules-based fund.
@WABAC,
X.AI
The highlight of the article is that it came from Sequoi, the largest investor in AI venture funding.
Used to read about Sequoia from time to time on the biz page of the Chomicle.
I hope those stock-piled GPU's will be responsibly r…
might as well read this - https://www.sequoiacap.com/article/ais-600b-question/
Are there really people "stockpiling GPU's" as the piece says?
Gotta love tech.
@WABAC You never know when that will happen. I hit my head a few weeks ago & just started driving last Friday.
Good luck with the kids, Derf :-/
The main reason I've been boiling down the IRA's.
Wh…
"A closely watched report on US inflation showed consumer price increases cooled further in June, according to the latest data from the Bureau of Labor Statistics released Thursday morning."
Well I vote yes. What do you have to put forth ?
I'll ple…
Any one interested in starting new buy lists?
I have ginormous. and specific, watchlists at M* in multiple categories. I'm the guy breaking their IT. I am now moving my watch lists to MFO Premium.
Bond funds I bought today were basically the best r…
My pleasure.
2019 was last year the world was normal.
COVID wrecked a lot, like all world wars.
Interest rates were far from normal, and had been for quite some time.
My dividend focused portfolio had a good day (up 0.6%) with Utilities and REITS leading the way. The inflation rate and the job market are for now both moderating.....that has been my expectation for this year....but how long will that trend contin…
Factoid:
The reshuffle led to some stunning stats. The S&P 500 dropped 1% even as 400 of its members rallied. A version of the benchmark index that strips out market-cap bias surged 1.2%, beating the weighted index by the most since November 202…
In the IRA: Started position in FDSVX. Sold USFR and replaced it with XONE. Sold 2/3's of VRIG and added equal shots of VNLA and GSY.
Sold TBUX. GSY gives a tad more yield for a tad more duration. I'll be hanging onto VRIG for a while longer.
I a…
Buggy whips couldn't reinvent themselves into something else.
But you do have to keep up with the times. Radios were a big deal once upon a time. So were electric typewriters and main-frame computers.
Some things are practically commodities, e.g.,…
It looks like BDAFX is one of the few growth Baron funds that don’t have a huge position in TSLA. Interesting find! Thanks
De nada.
I think Chinese EV's will bury Tesla sooner or later.
I've looked at CEFs for a while, but they would seem to require more expertise than I have. I'd rather in vest in a mutual fund or ETF that invests in CEFs. Even those rather specialized types of funds seem to underperform their associated indices…
"It's down to FDSVX or PRWAX. Tip of the cap to @stillers for drawing my attention to funds I had missed."
If you need further encouragement, I own both. Make sure to check they serve the intended purpose in your portfolio.
Regarding ER, I woul…
Results since 20220101 ("Normalization") dinky linky.
Results since 20200101 ("Covid") dinky linky.
I added the covid period because I will look at the Martin ratios for the funds.
It's down to FDSVX or PRWAX. Tip of the cap to @stillers for draw…
@Stillers, the money was previously invested in tech funds, so moving to growth seems appropriate. Good point about the inflation news, OTOH, if it's good news . . .
I look at the last three years to see how the funds have behaved since the end of …
"Simplification" of the IRA continues. Why the scare quotes? Every time I make progress on the equity side there's some new bond fund popping up. Cleaning up that mess should be next summer's problem.
Today I sold three different tech funds, TDV, F…
@WABAC,
Baron has a lot of funds. Which one do you fancy? When you say cheaper, do you mean ER?
ER, yes.
In this case I am only looking for a LCG fund.
@WABAC, Fidelity has a ton of growthy OEFs and ETFs of their own. Even their own core funds can be growthy. Look forward to your pick.
An Interesting exercise. Four of the candidates ended up being "Great Owls." ILGFX bit the dust first for b…
Always knew that Vanguard got to where it is by being the low cost leader but felt that volumes were such as to permit them to finance adequate staff and technology. Seem to have been mistaken about that. Still hold a couple of Vanguard funds, just…
@WABAC,
Looks like you already own FDVV and FMILX and are recent additions. I think you also already own AMAGX. Why not increase those? GQEIX is also a good fund - not sure if you already own it.
I bought AMAGX for the taxable account because…
"Simplification" of the IRA continues. Why the scare quotes? Every time I make progress on the equity side there's some new bond fund popping up. Cleaning up that mess should be next summer's problem.
Today I sold three different tech funds, TDV, F…
Sold SYLD from the IRA. I will keep it in the taxable. Ninety percent of proceeds went into FMIMX. The rest will be split between FMILX and FDVV.
Almost lost my nerve to buy WCPNX for the IRA, but decided to stick with taking the bond portion of V…
Maybe people are connecting the jobs report to Powell's recent comments that have been interpreted as dovish. It has also been a while since the GOP candidate for president mentioned the Fed, tariffs, or tax cuts.
@catch22, thank you for the readable charts. VTV is still running ahead of VUG as of the last data drop at MFO premium to the end of June.
You ask "is this investment area really a solid 'trend' and/or rotation?" And I am reminded of a recent comme…
