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.
IIRC, when I read Random Walk back in the 80's, Malakiel was saying you could build a diversified portfolio with 20-30 Stocks. He might have changed that over the years. After poking around on the internet, it seems many people agree.
Anyway, seems…
@BenWP, I like this site for descriptions of ETF's. Since XMMO runs on specific rules I would think it would only need competent attendants. Nota bene: It has only been running on these rules for five years.
I always check the "comps" on ETF's at …
In the IRA: Closed out NUSC and FSNDX. Gave a ten percent bump to XMHQ and FDSVX. I don't expect to be making additional purchases on the equity side at current prices.
I continue to mull bond funds. Any new fund will have to have had a better than…
One more thought, I expect the stock market to become more volatile, reacting to every pronouncement. May be I will just hold fewer investments and get less involved with my investments.
The Ferdinand Rotation.
@msf, I have a reasonable expectation of what I'll be getting from a money-market sweep account.
What did customers of yotta expect to get out of placing their money there? Miror. Ergo ego google
Dinky linky.
Adding money to your savings account …
I'll try.
If it's OK with you, I'll expand a little bit for now. since the business press is crediting both candidates for crunching chips today.
Where rates are in the near term will account for near-term market behavior.
Seems to me that both…
Is that a BULL I see under the tree !
That's Ferdinand, as drawn by Robert Lawson. The line that goes with the picture is "He is very happy."
A quick read can be found at this link. I guess it's out out of copyright.
I think I'll just sit and wait for a bit. The muni's should gather a nice price increase while kicking off a fairly respectable taxable equivalent yield.
@BenWP, It initially came to my attention screening for funds with good Martin ratios. Over the time periods of most interest to me--since COVID, and since the end of ZIRP--it has been among the very best in the time slices available at MFO premium.…
Factoid City dinky linky:
“Hedge funds and traders held record short positions in small cap stocks going into last week’s CPI report and were caught off guard by the lower than expected inflation,” said Cole Wilcox, chief executive officer of Longb…
Whether we like it or not, the market place (providers) will keep providing what participants demand. I have no issue with the ETF wrapper. Majority of my equity investment is in ETFs.
Option strategies and their variations will keep coming until…
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…
