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.
More people ought to subscribe to MFO premium so they know what they are looking for.
But It's not a service that will help people looking for short-term plays.
Try and screen for external mutual funds at Vanguard.
Can't get there from here.
If…
Added USFR to our IRA's on June 1. Lots of peace of mind.
Haven't looked at higher rated corporate floaters. Not sure the water has finished receding. Might be more naked swimmers out there. YMMV :)
Good day for utilities, and that's about it. Oh, GISYX showed signs of life. But not enough to sell yet.
I am following WABLX for the IRA, and it was only off .25 % for the day.
From the ads on the news channels, network news, and local news, it’s apparent that their audiences are not a highly valued demographic. (A lot of drug and Medicare ads not to mention the MyPillow and gold bug ads on the right-leaning outlets.)
Pl…
@hank, I think you're looking at the communication services category in ETF land for any "concentration" at all. And they're still sharing space with Netflix, Disney, Paramount, Google, etc.
I signed up at this site: https://www.etf.com/ and they h…
I didn't read anything in the article, or the links, that would tempt me to consider going back to Vanguard. YMMV.
I didn't see any mention of the word fiduciary in the parts of the article about PAS. But it's not something I would need to worry ab…
@WABAC: I agree that bonds are like children (at least those of my parents’ generation). They should be seen, but not heard. Send the kids off to bed early. Similarly, buy an allocation fund so as not to be distracted by contradictory talk of durati…
Thanks, @WABAC. I appreciate your specificity and I follow the moves you’ve posted previously.
de nada @BenWP.
PE on SYLD is still quite low. And I like the thesis for a long-term holding. FSUTX is off a little bit this year after coming through la…
Income investing is a myth that has been promoted for years. In many cases, the writer wants to sell you something. Income investing as someone's main/first criterion has no legs in reality because TR=total return (performance) is the ultimate indic…
China has a lot of problems. Among them:
https://finance.yahoo.com/news/end-made-china-crippling-world-050000386.html
Direct investment liabilities – a key measure of foreign direct investment (FDI) in China – plummeted 87pc to $4.9bn between April…
If the other shoe is dropping, it would be interesting to know if anyone here changed their investments based on that.
The shoe never stopped dropping. People just took their eye off it while AI animated the reporting of the financial press on Mr. M…
I started reading for 5 minutes & came to the conclusion he was trying to sell something.
Was I right ?
Wouldn't take much longer to read to the end. And he isn't selling anything specific in this one post.
It comes off as everyone talking abo…
It's a name change. https://en.wikipedia.org/wiki/Schnitzer_Steel
People new to scrap don't associate the Schnitzer name with anything.
Folks with longer memories may have negative memories
Not too long ago we were all talking in a thread about "the market" going sideways for a decade, or more.
Now we're being told that we should all invest in the 500, like Buffet "advises" his wife to do when he dies. Which sort of misses the point t…
Sorry to hear about the COVID. Prayers for a speedy recovery.
I hope this isn't a widespread issue in Scotland. I have relatives over there for the Fringe Festival.
In the meantime, I continue to get unexpected pleasure out of that picture of the…
The main problem I have with Benny Moore is that they don't give you any numbers to fit onto any color wheel. All their descriptions of color are subjective, if not romantic.
Sherwin Williams at least gives you RGB and Hex value numbers that will w…
Haven't bought paint recently. I buy Dunn Edwards when I do. They provide Munsell numbers on their colors which makes it a lot easier to do a great job -- assuming you're doing the proper prep work.
Benjamin Moore's color "system" requires an advan…
Well, how much cash in Munger holding these days, and how is his portfolio doing?
Heavy on cash. Best recollection is north of 20%. Around 40% of their equity stake is in AAPL.
Berkshire lost a bit in 2022, but has done very well this year. Bet…
@BaluBalu: Thanks for that link. After doing my best to understand what this fund purports to do and how, I wondered if the people in charge might be running a seminar at my local Holiday Inn for people like me.
LOL. Move to a bigger metro, or jazz …
I read it this morning.
Probably good advice for anyone interested in buying stocks. Probably better off listening to Munger than reading the daily stock-touting churn generated by Dziubinski for M*.
OTOH, IIRC, the edition of Random Walk I read …
We are spending time here to learn from one another if we can and maybe, just maybe, find something that might make us even more comfortable.
I don't believe that anyone has suggested that very high-income investing has better performance or even b…
It's 1999. You just bought Kiplingers mutual fund roundup at a local new stand. You've got 10K to invest. And you're under 30 with no kids. What do you buy?
Are you all excited about indexing? Tech? Bio-Tech? Did your parents, or grand parents, giv…
5.22 total return in 2022 for FSUTX.
Past performance, and future returns, and all that . . . But, widows and orphans rejoice.
I didn't get that FSUTX 2022 return. I had PRUZX, and one of the etf's, and I wanted to consolidate the ornaments on t…
Utilities, and consumer defensive, are kind of pricey at the moment.
I have rearranged my deck chairs into FSUTX. Just a hunch that it might be a good sector for active management going forward. YMMV.
Cramer the other day, without having to surrender your email, or whatever they want for his words of wisdom:
Cramer underscored the idea that investors must be patient and ask themselves what exactly they’re swinging at before they go to bat. He als…
What would be helpful would be an app or website that would analyze a given fund and sort out for simplicity the % of assets it currently has in components of the S&P 500.
You could at least sort out the top five holdings of etf's--for free-…
@hank, the higher sum is from January to June, as I said in my post. The more time that goes by, the more the disparity grows. Start the comparison from 2021 and the disparity is now 164 bucks.
Where you start and stop your year also matters. For e…
.25 sounds like a lot. And it is with really large amounts that are left untouched out to 5 or 10 years. For lesser amounts:
$20,000 invested 1 year would earn roughly an additional … $50
$50,000 .………..1 year ……………………………………….. $125
$7…
@hank, do what you're comfortable doing. Plunking down 10K in one shot is a lot of money for some of us here. Nothing wrong with dipping a toe in for free when you can.
de nada @hank. FYI I sold GLFOX the same day I bought GLFIX, so you shouldn't have any problems.
Unlikely there will ever be any sabrage for GLIFX, but ya never know.
