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Isn't the money in those funds to be made when rates stabilize, or fall?
If you're already in one, aren't you adding more new cheap shares every month?
@Crash, not a bad time to go short-term, or money market, until you figure out where you want to go with investments, or brokerages.
A 5K minimum is a lot for those of us that throw nickles around like man-hole covers. :)
I had them in a portfolio at M* that I just got tired of taking care of. I didn't need it to remind me of moves I have regretted.
Two funds that I have owned in the past are now on my watch list for the condensed IRA. They are NICSX and NBGNX. Not…
Hi guys,
Did some selling. Sold PARMX. It's been a long time coming. Wanted to sell it before Covid, but just didn't get it done, so did now. And also sold FMILX. Just taking profits right now. With July (the end of it) and August (the weak …
I have a lovely collection of small cap funds . . . that I bought at the end of 2021 when they were less undervalued than they are now.. :)
Average stock likely to perform much better over the next 3-5 years than the average index because the aver…
the valuation on small caps relative to large caps is as extreme as the late 1990s. Remember that the S&P 50 corrected by 50% in 2000-02. The S&P Equal Weight index and small caps vastly outperformed back then.
Reading this in other places l…
That's great @davidmoran. Way to go man.
The stock count is right in line with their declared strategy to own 20-25 stocks. So it's nice to know they aren't suffering from strategy creep.
Depending on who you can believe in this crazy internet wo…
It appears based on todays NAV move, that TCAF is going to run hot (relative SPY). Not a problem if you want that. 25% of AUM are AAPL, AMZN, NVDA, MSFT, GOOGL.
This brings up the question will the T/O be higher than I would have thought? IOW's w…
Closest thing I own is DIVO. That's up about 1.0 YTD.
I bet you knew, which I did not, that DIVO holds 22 stocks!?
Plus Dow derivs and several other options.
My fear is that it is easier to fail than broader ETFs. (I already went through clos…
ETFdb shows:
LC Quality SPHQ, FQAL
SC Quality XSHQ
There are several others with dividend-quality angle.
https://etfdb.com/etfs/
Like a lot of etf's in small/mid cap, XSHQ returns have been anemic over the last five years. So I like to go with …
Does any one off hand know SMID (small, mid cap) Quality ETF(s)?
Does SDVY fit the bill? SMID rising dividends?
Is SYLD in there somewhere?
I bought FMIMX for the IRA. Whatever they do seems to fit well in SMID. And I wanted something a little l…
Quality can be defined different ways of course, but by any reasonable definition would not BRK be the very epitome of a quality stock?
You can have that conversation with iShares, the folks that run QUAL. Their fund leans away from the value box, w…
Warren owns everything from candy stores, to paint manufacturers, to insurance companies, to railroads.
QUAL, OTOH https://www.etf.com/QUAL
Seeking to capture higher quality stocks within GICS sectors, QUAL make its selections from the large- and m…
Regarding PARWX...
Jerome Dodson managed PARWX from inception (04/29/2005) until he retired on 12/31/2020.
Billy Hwan became a PARWX comanager on 05/01/2018 and the sole manager in 2021.
Mr. Dodson took a contrarian approach which resulted in an el…
Fido is adding watch lists.
And they're more than happy to link to other accounts, if you let them.
I know I'm not seeing any reasons to pay for what M* offers.
@mcmarasco, check out PARWX if you are comfortable with Parnassus. Maybe you have access to its institutional equivalent.
SPGP will bend you away from growth, and large caps, but it's still the 500 universe.
It's easy to beat PRWCX on a raw return basis. VOO/VFIAX will do. The question is whether you can do it with an only moderately volatile investment.
VOO beats BRK.A over ten years with less volatility. Thus a better Sharpe ratio (higher returns…
@yogibearbull, at her first employer there was a quasi defined benefit (pure traditional) along side a contribution aspect (TIAA variable annuity products). Her subsequent TIAA, that offers other products, is part of a state employee retirement plan…
@yogibearbull, It's a bit of dog's breakfast.
Approximately 1/3 is the old traditional, but I don't have the specific letters in front of me. And they do vary, as you know.
There is one chunk that is only traditional.
Another 1/3 had some tradit…
@WABAC - I’m with ya on that front. It’s challenging to part with 5%+ in mmkt and t-bills, with Mad Magazine’s “what, me worry?” investing tactic.
I don't even have to think about taking dividends or cap gains from the taxable, or drawing down the …
I know I'm very happy about 5%+ for zero risk.
I'm glad I bought tech last summer.
Sold generic S&P 600 and 400 funds and partly replaced them with SYLD and RWJ in the taxable. I have Vanguard value funds in small and midcap that ought to be …
On Yahoo Quote page for USAGX, just click Max (don't go in Charts) and you will see the prices mentioned by @WABAC. I thought that there may be a split somewhere but not.
https://finance.yahoo.com/quote/USAGX?p=USAGX&.tsrc=fin-srch
Yes. It has b…
@WABC- Thanks for sharing some of your divestment experiences. I wasn't aware that anyone had even read my financial operations manual.
Hi @Old_Joe, you probably know the difference between a fairy tale and a sea story; but no kidding, this really …
My wife had a mining fund that I somehow bought at the right time. I sold it recently for a small gain. One such fund in the family IRA's is plenty.
For my IRA, I bought a small position in USAGX in August 2011 during another budget showdown. It wa…
If you perform a trade on D&C fund (as testing), it will tell you the $2,500 minimum and $49.95 transaction fee. It seems that D&C funds are still sold through Fidelity but somewhere in the maintenance process it got foul up.
That's inter…
Has this in-kind transfer happened or are you thinking about it?
D&C doesn't seem to be supported at Fidelity platform (NTF or TF). D&C tickers don't even pull up a quote at Fido site. So, such in-kind transfer may not even be allowed.
No …
It's not just a flood, it's a tsunami. My headline. Fortune by way of Yahoo.
Now a $1 trillion tsunami of high-quality government paper is slated to hit markets before September, at a time when Michele warns the Fed is already draining $95 billion i…
Threads like this remind me that I should stay out of bond funds more complicated than whatever sweepings go into the sausage of CD's, MM's, or ultra-short T-Bill funds that are only alternatives to bank savings accounts.
Unlike deers, both bulls and cows grow horns. The picture on WSJ is definitely a cow. Pretty funny that Getty Images messed up.
Oh.
The Journal has a cow.
Thought everyone was talking about the big blue critter.
Wife says it's cow too - she grew up with families around that had cows to supply milk and even milked some as a kid. I will point this out on Twitter and may be WSJ can get a refund from Getty Images.
My wife wants to know why I'm not cooking dinne…
