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@mrc70, Well. If Turkish bottlers of soda and beer are what you're looking for in a mutual fund, 1.25 might seem cheap.
I shouldn't be snotty about it. I pay 1.22 for GLOFX in my taxable. But everything I bought on March 18, 2020 looks lovely to m…
@WABAC
Doing a quick look-see, I get these respective allocations for you based on your data.
I invite you or anyone to proof these calcs.
AAPL 0.05%
AMZN 0.00%
GOOGL 0.40%
META 0.00%
MSFT 1.02%
NVDA 0.00%
TSLA 0.00%
Total 1.47%
If you are OK w…
Aaaaannnd....on top of all that,
"Ackman is waiving the management fee for the first 12 months and after the first year will charge a flat 2% fee."
Not sounding too attractive so far....
I now feel bad for having launched a few jesting pot-shots a…
MFO Premium offers calendar-year returns back to 1960.
Default screens lean on the oldest share class. With a little creative screening one could probably get the specific share class they are interested in.
Here is the taxable. I'm just looking at the top ten holdings on the M* quote page. I might get to the IRA later.
Ticker, portfolio weight, holdings
DIVO 4.97, Microsoft 5.56
CSGZX 1.02, Microsoft 5.10, Apple 5.07, Alphabet 4.75,
DODGX 12.74, Mic…
I'm thinking a new ETF based on the stocks touted by M* Susan and M* Dave.
Three stocks to buy! Three stocks to sell! Three undervalued stocks to buy before the big game!
What would your portfolio look like after a year of trading on their touts? …
Statement of additional information. Usually an addendum to a prospectus or report.
That would make the fund's name Fidelity Statement of Additional Information U.S. Quality Index. Well. Maybe . . .
@BaluBalu. I didn't know it was restricted like …
@Baseball_Fan @JD_co Inimitable fund. Profiled it here in Feb. 2019. Have a personal friendship with Ms. Hoffman and communicate with her often (latest yesterday.) Here's her Letter to Clients December 2013 https://www.marshfieldinc.com/wp-content/u…
The Funds will continue to honor redemption requests, including those made under the Automatic Withdrawal Plan.
Well. That's downright reassuring, ain't it?
Rearranged some deck chairs in the IRA. I had been at about 30% bonds/cash, with any long duration bonds residing in the balanced funds.
I cut USFR in half. The remaining amount would be about one year of an RMD if I had to take it this year, rathe…
By December 5, 2022 investors were used to getting slapped around by the usual suspects.
After the 2023 Santa rally, no one wants to be reminded that any "plain-vanilla," bond funds were staring at three losing years in a row.
Methinks the editor…
Read that this morning. Wanted to look at it again, since I remembered there were some bond funds in the list, one of which was a Vanguard corporate IIRC.
The link is not working. And you won't find a link on M* Amy's page.
I'm glad you posted it @Old_Joe. I've been following the news from there. It's hard to imagine what's going on there will not spill over in some way to economies around the world.
@davfor, yes, I can think of all those reasons why people might wish for cuts. How many of them have anything to do with the Fed's legal mandate?
The Federal Reserve System has been given a dual mandate—pursuing the economic goals of maximum empl…
@davfor, yes, I can think of all those reasons why people might wish for cuts. How many of them have anything to do with the Fed's legal mandate?
It has been my hunch through all of this that Powell has no desire to be remembered in the same breat…
Hard to see why the Fed would cut rates if the economy continues to perk along. If they're cutting rates methinks it would be because of a nasty landing.
Long article that confirms my bias opinion at the link. ;)
BTW, Prior to June 24, 2019, the fund tracked a Russell pure growth index (perhaps the opposite of GARP in growth context) under a different name and ticker (PXLG).
Neither M*, nor Lipper, make a distinction on historical returns, as far as I can te…
Can't swing a cat in The Valley of the Sun without hitting a Waymo. I've seen as many as three at a time early in the morning.
This has always seemed like a solution in search of a problem. When the kids take my keys away I'm not going to waste mon…
@yogibearbull, Yogi Berra must have had something to say about investors that don't pay attention to the price they're paying.
Selling options against entire cap-weighted indexes is a bridge too far for me.
@Devo. Thank you for the explanation. In…
The debate is one of simplicity and utility. Bonds receive income from an underlying asset. Options do not. With covered funds, buffered funds, and so many others of the ilk, the idea is always "let me create a better mouse trap". Its important for …
+1
Marks is a big contrarian. The point of the story I recounted wasn’t necessarily that Marks is a big fan of bonds. His point is simply that herd-following (both for individuals and at institutions) is a huge factor affecting market valuations. …
My IRA is off .24 YTD. If it was all in one or two funds I might be concerned. But enough funds are doing well so that I wouldn't feel awful taking an RMD if I had to.
I compare some of them with allocation funds rather than equity funds. One can see this with MFO QuickSearch.
For example, try JEPI and DIVO versus VWELX, PRWCX, and FBALX.
M* John says: Investors who seek upfront cash would be better off purcha…
