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.
@Observant1 +1. Good rebuttal.
Agree, but it won't dent the target.
Ignorance is a lack of education on a topic. It can be fixed with learning. But not everyone has the time, or the inclination, to track individual securities the way Buffet and …
@wabac, May I ask what “D/E ratio” is?
Addendum: I think it’s Debt/Equity
I saw a thread about PE the other day and thought to myself "Physical education? What's up with that?"
Then there was one about EV, and I thought to myself "Exit velocity? E…
Hi @Charles, as long as you are adding months, there are a number of other ratings that could probably use that option: P/E, P/B, P/C, P/S come to mind as data that can be nicely paired with ratings where you are looking for returns, etc., that are …
Sold SCHD out of the taxable today. Realized a tax loss of about $7.50 after several purchases since November 2021. Yippee yai kai yea, get along little doggies.
The money will be reinvested in FDVV. The D/E ratio for SCHD is 3.36 and 1.50 for FDVV…
What do other absolute return funds use for benchmarks?
Since no one answered in 12 hours, I will venture - from memory I think it is 3 mo T-Bills index. Basically, cash.
The fund's own use of benchmark was in JD's post from yesterday. That is w…
@Derf- yes, one plumber sent a video snake through the under the house and we could clearly see the ragged edge of the defective pipe casting. I can't remember exactly, but it might have been in a cast iron fitting in the line rather that the pipe i…
@Old_Joe VERY VERY interesting. I wonder what's going on ? When I buy something at Amazon I sign out. If I'm looking I don't sign in.
What browser are you using? Which search engine for which type of search? How often do you toss your cookies clear…
Unrelated but related. News flash. Paid $7.48 for 24/pk of Dasani water bottles and $7.89 for 4/pk of bounty regular size paper towels yesterday at Ingles.
LOL. You're asking for a haircut buying stuff that way at an old-school grocery chain. I h…
Just bought a 2013 Odyssey with cash. Won't be paying much more for insurance than we've been paying on the 2002. With any luck, it will be our last van.
Wouldn't be buying umbrella insurance if we had spent the last 45 years buying cars on credit…
@BaluBalu, you may not need to pay attention to it at all. :)
I'm taking it for a spin in the IRA because of it's low standard deviation and low beta.
I'm not sure how long it will stay there. The debt/equity ratio is a little high for my taste.…
@WABAC
Dear Gilda and Emily. 'They made a lot folks smile'.
Yes they did.
Radner was a remarkable talent. They don't come along as often as we need them.
Shoot. Now I have something in my eye.
Never heard of umbrella insurance before this thread. Upgraded today. I told the woman we were interested in balloon insurance. She was kind enough to translate.
Thanks for the education. It's always appreciated.
Ironic (?) that one of the more “anti-AI” sectors—utilities—are rallying like AI stocks. It seems that utilities were linked to AI and chips and all their power needs.
Is that what it is? Fourteen percent YTD for FSUTX. Zowie. Must be.
GRID has be…
Don't look now but a utilities fund I follow (UTG) is up 6.5% over the last 3 weeks. Hopefully Giroux is on to something.
They started doing well shortly after Buffet said he wanted no more to do with them. That's the way it seems to me anyway. :)
Hi yugo,
I began to appreciate PVCMX as an investment when I began to compare it to other funds with similar risk profiles, similar levels of commitment (there's that word again) to investing in equities, and so on.
I wouldn't pay what he's aski…
He won't even commit to the equities he does like.
Ah, so you are pointing out that he has serious "commitment issues".
He's the guy that brought up Jerry Seinfeld. :)
Beer googles?
I doubt Cinnamond ever finds much of any kind of equity that measures up to his standard. He won't even commit to the equities he does like.
Meanwhile, the managers you've never heard of that run VSMIX manage to find a few things wor…
Bought a chunk of MNHAX for the IRA today. The money had been sitting in a MM. Most of my bond investments are higher-rated and shorter-duration, so, what the hey . . . It was that, or back into a bank-loan fund. I think I have sufficient floaters b…
Until the FDIC stops protecting uninsured depositors, this change is largely form without substance.
A few sentences from a NYTimes subscriber-only opinion piece (May 1, 2024)
https://www.nytimes.com/2024/05/01/opinion/fdic-insurance-banks.html
Whe…
Thanks @ Bee.
I think this is the most practical way to think about debt: As debt increases, you narrow the range of outcomes you can endure in life.
I am reminded of my mother's father, who grew up during the Long Depression--depending on your defi…
Well. I sure haven't called anybody over the weekend. :). IIRC, the fees did show up as part of the online sale process; it's not like they were tacked on subsequently.
If I get real motivated I'll look at the transaction records to see how thing…
Well. I didn't read the article, but it seems to me that all that is required is a fund that pays higher than a buck 35, and has out performed SPY over the typical M* periods. I'm too lazy to look up 24 month performance this Saturday morning. :).
…
At least Fidelity didn't charge me for transferring Dodge and Vanguard funds into my taxable and IRA accounts. I have already sold all but VWINX from the IRA. If I ever have to sell the stuff in the taxable, I'll transfer the funds to someplace more…
@Roy - that's great- good for you. Out here in CA we're lucky to find insurance at all. And on top of all of your coverages we have to worry about earthquake also.
And PG&E.
Since QDSNX is a fund of funds, I'm wondering if any of the perspicacious folks around here have broken down which of the constituent funds are adding the most to recent returns. I also wonder how they have fared since COVID.
