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.
@WABAC: ISTM that at the time you mentioned buying TAN, you also spoke of GRID. That was a great pick, up some 38% the last year. QCLN and ICLN, also clean energy themed, have both failed to put up exciting numbers.
GRID has been great. FIW hasn't …
Sold TAN from the IRA. It was .92%. Hasn't done much in the year I owned it. And I feel the need to start taking the ornaments off the retirement tree.
Added the proceeds to PRWCX since it is NTF at Fidelity, and the position could be bigger.
I ca…
Best wishes here as well. I trust that Yogi is getting the best care possible. May it help toward recovery.
I second that. Pneumonia should always be taken seriously.
@WABAC Is it an insurmountable burden for a young man working three jobs to potentially deal with taxes on capital gains if he gets past a certain income at some point
Thus, enter the ROTH IRA, eh? At least some burden reduction.
Excellent. El pri…
At some point the perfect becomes the enemy of the good. Finding something that suits the investor described may not match up with "best" solutions. There is no guarantee that more, or professional, advice will "remedy" the situation given the druth…
@WABAC : I held this MF for a number of years in 401-K until it was sold due to moving into IRA. 10 year holding & a winner for sure !
Don't have to start taking IRA distributions for 6-7 years. So I'm hoping it can be an equity cornerstone i…
FMIMX yahoo chart shows it at one year high !
It's a little less high at the close of today's market. :)
PE is at 13.68, book 2.36, price/cash 7.98, price/sales .84. Smids (which is the current weight,, rather than the category) have been out of f…
Added FMIMX to the taxable today since smids are taking a hit.
BTW, this is the article that first got me interested: https://www.morningstar.com/funds/all-weather-stock-funds-do-exist
After further research, it seemed likely that they would stick…
@Crash. BTW. Just set up #1 child's Roth using proceeds from a 1000$ UGMA gift from my parents when she was born. Went a little flashier with an equal distribution of IHI, IXN, IYK, RWJ, SYLD, and SPGP.
Still working on what to do with her taxable…
Boston Trust/Boston Trust Walden (or however they style it) might have something more up you alley. But you would have to go to their pages to find out anything about their bond portfolios.
Add>> BTBFX, and WSBFX.
@sma3. Fun stuff.
Among other things, I have a hilarious series of letters between my grandfather and a lawyer in Fort Stockton, Texas about some railroad land grant property, and trying to collect the grazing rental fees when the price of beef wa…
Isn't Sapporo just trying to bust the union at anchor? Dang, that's some good beer...say it ain't so....
Sixtyone employees per the story I saw at Yahoo. Doesn't seem like a deal breaker.
@larryB, just a distant impression, but I think the Chomicle still puts a lot into sports coverage. The poor old Post Dispatch does the same in St, Louis. Keeps the barbarians from Gannet outside the gates for a while longer.
@BenWP. We have always bought used cars for cash since my wife's family ran out of old Chevys to dump on us. Somewhere in there was a Plymouth Acclaim from my side. The backseat area was stained a permanent shade of Pepperidge Farm Goldfish Orange b…
The other question, which is more personal and Bobpa does not have to answer is does he need an emergency fund? While I worked hard to wean my kids off my checkbook, and they happily followed thru when they had jobs, in a true financial emergency in…
Is he already maxing out his IRA? How about health spending account?
Does he currently have any emergency cushion at all? Our number 1 child just spent 623 bucks on a car repair. She had the money in the bank. If your grandson hates debt, he won't …
@Old_Joe, we used to buy the Examiner in the morning and the Chomicle in the afternoon, often at the news stand at Fillmore and Chestnut across the street from an Original Joes.
I remember a buddy from theater daze telling me all about the stock options he got working for some company no one had ever heard of.
Sez I to him: "Have you thought about diversifying a little bit?" Sez he: "Oh no. I've got big plans."
The stock…
Speaking of revolutions, I wonder how many creators will join the class-action copyright infringement lawsuit filed in the 9th Circuit.
Turns out I knew one of the plaintiffs back in my 20th century San Francisco daze.
And in other AI news, I rea…
Thanks for the link.
For me, "tech" is pretty much there with utilities, consumer defensive, and med tech.
When will AI prompt stockholders to wonder why Pachai is making so much money when AI could do his job just as well?
Or would that be an "h…
These things do change depending on where the starting line is.
The difference in daily returns from June 21, 2016 (mid-summer) is 8.58%.
The difference in daily returns from August 4, 2016 (the day Albert died) is a little over 4%.
Monthly retu…
Few star managers can make the transition to a team much less assume it will be your kid.
Michael Price is another example of a one man show that became problematic after he left.
Another example is Albert Nicholas who ran the Nicholas Fund.
Acc…
Well. I did the right thing by my wife's IRA. And her TIPS and ST Fed funds are still getting hammered, along with everything else.
Bonds, such as I own them, are part of allocation funds, and DSEEX and FFRHX. But mainly the trash known as cash, wh…
I hope to exit FFRHX soon. Bought it during rebalancing in December 2018. Return since then has been 4.3%. However, the unrealized loss is still in the red at 2.43. I don't like to sell anything in the IRA till it's out of the red. Proceeds will lik…
These days M* is flogging more stocks on the home page than Motley Fool.
Maybe they are making enough money with their indexes. and other products, that they don't need a coherent strategy for individual fund investors.
Is it true that just under 100 million Americans of working age are not in the work force? How can that be with this great economy and 4% unemployment?
I'll answer for the class. Govt BLS stats are pure bullshit. Proceed at your own risk.
I don'…
Jeepers guys . . .
No tax loss harvesting in an IRA.
I'm holding the two CD's and single TBill to maturity. And it looks like that will be happening just in time for some shopping.
Glad I tried it. Had the room to do it. Just not my cup of tea.
I see an Analysis tab when I am on the default portfolio page at Fidelity. It's out to the right between Cash Management and Account Features.
There are two versions of this page. The other version has a drop down menu labeled More after Planning. …
@Old_Joe said:
"Inflation ex food, energy, shelter, used cars"
Doesn't leave much, does it?
@WABAC , You noted:
Doesn't include what I paid for toilet paper at Walmart the other day.
CPI-U (all urban)
The CPI link is current. The first half o…
I use the free Portfolio Visualizer Backtest Portfolio feature, but it has some major shortcomings:
Allows only 4 funds to be included in portfolio.
Doesn't list asset weights (US stocks, foreign stocks, bonds, cash).
Doesn't list equity styles (s…
Asking people to see the economic forest instead of just the one inflation tree is not preaching revolution. Larry Summers is fixated on the inflation tree and is comfortable with millions of people losing their jobs to chop it down. If retirees ha…
No matter what the retirees who are the majority of posters here think, economic well being in the U.S. is not just about the inflation rate.
If only we had children trying to make their way in the world all us old folks wouldn't be so stupid.
Wh…
