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.
New ruling makes it more difficult for regulators to make up laws that benefit their perspective. Y'all's thinking is clouded by trump derangement syndrome to see why this is potentially a good thing.
What is good about selling pardons?
It represents one form of relative performance of USA growth vs value stocks. Growth has trounced value as we all know but in market sell offs value holds up better. Where are we now in that growth vs value cycle? Not at the bottom.
Now that I can …
@WABAC and I saw one purple line on a graph. @catch22 then provided a graph with three lines, one of which was purple and apparently represented value, and allowed for a comparison.
Thank you BenWP. It's nice to be seeing three dimensionaly. :)
But…
Today's Ed Yardeni column is titled : "Soft Patch Getting Softer Possibly Raising Odds of Fed Rate Cut in September & Stock Market Meltup"
Bad news is good news. until...bad news is bad news?
[S]aid Mr. Dooley, “no matther whether th’ constit…
https://ibb.co/6FMD9Zw
This is a chart of Vanguard Growth Fund Price / Vanguard Value Fund Price (VUG/VTV). The moves are ginormous. Will Value reassert itself as Ms Subramanian's models/BAML models suggest? Clearly the charts would say there is a …
Thanks for answering my question @WABAC . I could live with 6.55 return.
de nada @Derf. I'll add that returns have been skimmpier these past few years.
@WABAC " Stared at VWINX, which I have owned forever, and blinked. I couldn't figure out why to hold onto it. Sold it "
Do you have an idea what your annual return was ?
Thanks for your time, Derf
No clue. It w…
With the proceeds from FATRX and FCFAX purchased TBUX and WSHNX. So I have shortened my duration and increased my credit quality.
Stared at VWINX, which I have owned forever, and blinked. I couldn't figure out why to hold onto it. Sold it. Proceeds…
Sold all of AUSF from the IRA. It has some qualities I like, like its Martin ratio since the start of "Taper 2." OTOH, I wasn't wild about the process getting it there.
One of the funds I am considering to replace it is GQHPX. I am also looking at…
Thanks for the link @Mark. I like this from Marks:
Investors should understand that the investment environment and the starting point for investments have a huge impact on their success, and the shorter your time horizon, the truer this is. Albert E…
I learned today that JR from M* has written a few articles on the subject. There is a new article from him on the topic and may be someone can link that article here.
Here's the punchline:
I would not buy these funds. When possible, choose simplici…
As long as we're discussing old movies with a theme, Z seems to be available for free. Haven't watched it yet to judge the quality on archive.org.
I sure loved it way back when. I wonder how it holds up.
Haven't seen the play, but it looks like at least one production runs longer (2:25 + 15 min intermission) than the movie (2:00). That play running length is consistent with a 2008 production described in the NYTimes.
To each one's own.
("Snappier…
In case people missed it, the historical arc of increasing government immunity started with the Warren court.
Now I'm going to go and rewatch a movie I haven't seen in many years about the tension between divine right and the rule of law in days o…
Today Invesco published its annual report on its ETFs. XMHQ sold Super Micro (SMCI) during the latest reporting period, so it is little wonder there was such a high STCG distribution.
Thanks for the report @BenWP.
Seems like I remember Super Micr…
Now, if you want to make posts with real significant, such as where to invest at any given time and/or when markets are at juncture points. I will take this challenge with you any time.
ROFLMAO.
Is this a hockey forum?
"most market forecast models are completely useless...that is, there is zero predictive validity in them."
(And now, my market forecast model: "large cap value is the coming sweet spot.")
H'mmm .... There would seem to be some sort of disconnect …
I also have FMIJX & agree on FMIMX as I use to hold it. Waiting for a BIG dip buy.
I bought in the summer o 2023 after I ran across this article.
I had FMIJX in the IRA for years. Don't know why I didn't consider FMIMX.
I've been looking at GQHPX as well. One thing I noticed, however, similar to all or most of his funds - is the large Nvidia position. NVDA is not an emerging market stock but its large presence in the fund spikes returns relative to its peers.
GQ…
How do they track interest rates over 5000 years? What was Noah getting on his CD's? Asking for a friend.
Asset light? I don't mean to make a prediction, but maybe they aren't thinking about rising mercantilist sentiments and re-shoring. Chinese EV…
Sold all of AUSF from the IRA. It has some qualities I like, like its Martin ratio since the start of "Taper 2." OTOH, I wasn't wild about the process getting it there.
One of the funds I am considering to replace it is GQHPX. I am also looking at…
Short story seems to be they're trodding down the Vanguard path. Crappy IT they can't support justifying cuts in service to people that seemed to be part of their original plans.
If it wasn't for the portfolio feature I doubt I would ever look at t…
maybe be careful with owning stonks/funds w/international exposure...if everyone's favorite candidate on this board meaning The Orange Man wins....or if Biden looks lost in this week's debate...int'l stocks might get stomped...why? Maybe due to thi…
@BaluBalu, it should be no surprise that M* got it wrong. The numbers are as @BenWP reported.
I'm guessing some percentage would have been Super Micro, which graduated to the 500. There were probably others.
I'll grieve about it during the long w…
I continue to like BIAWX
They are consistent and while I do not believe capitalism is evil, they avoid the worst managements
Except for Amazon and Uber, maybe others.
Buying into the S&P 500 seems like buying into megacaps but then adding 300 "smaller" companies for what? Seasoning? Diversification?
Reason: Lots and lots and lots of people buy the SP500. The more people that buy the SP500 the more thos…
Buying into the S&P 500 seems like buying into megacaps but then adding 300 "smaller" companies for what? Seasoning? Diversification?
If the decision is to go with megacaps, then why bother with that dreck? Or if the decision is to diversify …
I'm a bit older than you- in my day it was the Germans... :)
At least it wasn't the Huns (WWI)! ;-)
My dad heard all about the Huns when he was going to high school in the 30's. Dad didn't have avocado toast, but there was swing, and talking movi…
Received a new credit card yesterday. The number, expiration date, etc. are all lightly embossed. It's plastic. And what the hey, I went ahead and signed it. I am enjoying retro frissons you can't imagine. My iphone is sulking and pouting. Poor thin…
@WABAC- how funny- me too. And if there was ever a class that I hated more than PE I mercifully can't remember that.
Yeah, it's a trigger. :)
It got better in high school when we spent more time playing sports than practicing exercises the Soviets…
I have not withdrawn money from an ATM or from a teller since before Covid. I just keep the ATM card as a back up if my credit card can not be used.
I never signed the back of the credit cards and so did not know that the new ones do not require y…
Been using debit cards since the mid 70's. I remember that some even dispensed coins for a little while. I don't think we had credit cards til the early 90's.
and besides I prefer not to let retail companies have my checking account information.
Y…
