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Nicholas Fund. Third ave value. Sogen international. Mutual shares. Of course Fidelity Magellan. Those are just the ones I can remember. But they come and they go.
Held NICSX and NSEIX in the IRA for around ten years. Then I got nervous about…
@hank, D&C funds are cheaper than a lot of ETFs. Helps that it's privately held, group managed, and they eat their own cooking.
I wish it had been 10K instead of 1K. Most of the other investments from that time are gone with the wind except fo…
Today is the 32nd anniversary of my purchase of DODGX. It was neck and neck with SPY up until the dot com bust. From then on, SPY never caught up. What happened the last 1-3-5-10-15-20 years doesn't make any difference.
I have owned VWIGX for 30 years and 2 months. Annual returns over that period work out to 6.91. Can't say I'm excited about it. But it does show what a small investment can turn into over 30 years. And someday it will be the kids' problem.
Within t…
With EBLU drying up, can AQWA and IWTR be far behind?
I have been treading water with FIW in the IRA due to when I purchased it. FIW and CGW are gurgling along in my wife's taxable, and slack in her IRA. Timing matters.PIO and PHO are two more main…
Probably a smart move by Vanguard regardless of its particular ownership structure.
However. Given that the shareholders are the "owners," we might wonder what we are to gain by expanding to a country where business execs disappear for weeks at a t…
Isn't it odd for bond holders to take the shellacking before stock holders?
EU and England react: https://www.cnbc.com/2023/03/20/17-billion-of-credit-suisse-bonds-worthless-following-ubs-takeover.html
“In particular, common equity instruments ar…
The point is to avoid getting to the need for a Volcker-style shock. Right now we're at about half of what Volcker was faced with. Let's see if we can avoid that.
Rehashing the favorite arguments of the geriatric right, and left, from the 1970's m…
Well. That's a very interesting article about the 1970's, Bretton Woods, Maggie Thatcher, even the Trilateral Commission, and all that.
Seems to me that it's quite likely that uncontrolled inflation can be a real PITA for average people without fr…
Seems the appetite for schadenfreude will not be satisfied until more people in Silicon Valley lose their jobs, and firms go under because founderss of startups deposited their money where the VC angels told them to.
Are they all libertarians? Who…
If companies hold over 250K cash in banks to meet payroll, and other expenses, what is to be gained by evaporating that money, beyond the temporary pleasure of sticking it to the big boys?
If companies can't make payroll, or pay the other companie…
As for why it couldn't use IntraFi for the banking side for deposits well beyond its needs/wants, I would say that banking is a business of small bps, and SVS thought it was smart itself to pocket those bps.
There are too many "what could be...".
…
I am puzzled by how few accounts were insured. Here's why:
About fifteen years ago, I worked for a small company in the SF Bay Area that was building up cash to purchase a permanent home. Folks on that end of the company were not happy with the t…
Less impact than folks adjusting to the Fed's higher for longer approach.
https://www.cnbc.com/2023/03/09/powell-changed-everything-this-week-on-markets-view-of-interest-rates.html
The aftermath has forced the market, which long had been looking fo…
@Puddnhead without knowing how old your missus is, I'ld suggest that you first think about things that suit her time horizon. Then talk about buying things that she will feel comfortable owning if they go through a bad stretch.
From your comments,…
Your article is behind a paywall.
My investment in the health sector is primarily FSMEX. I don't know if the device market works like the drug market. I invested in FSMEX after spending some time around hospitals and observing how they burn though…
I have SYLD in the IRA and FYLD in the taxable. Both have held up reasonably well through 2022--influenced by the price I first bought them at of course.
I understand the thesis. And it seems like a reasonable one for seining emerging market funds.…
@catch22, you caught the spirit of my scribbles.
Hulbert may have had excellent advice. But it's behind a paywall. So I stumble along in ignorance with a certain amount of mule-headed, and juvenile, insouciance. ;>)
The way the market has been …
"I made my money selling too soon" has been attributed to how many famous investors besides Bernard Baruch?
"But don't try to time the markets!" Sez, a lot of people.
"Where does dry powder come from anyway after you have retired?" The children as…
Looking for opportunities to sell, and consolidate to more conservative positions in the IRA.
Looking for opportunities to buy in the taxable accounts where we still have large cash positions.
Hope to leave the taxable accounts to the kids. What w…
FRNW has a similar mix of sectors as ICLN, minus Con Ed, plus a healthy dose of Hong Kong. It's only been around a few years. So it's entire track record is in the red.
More info from etf.com:
FRNW provides exposure to the global clean energy indu…
@sma3. When I was doing the research, it was easy to find alt-energy ETF funds that excluded consumer durables. IIRC, that is the category that Tesla, and other EV makers, fall into. It's like looking for dividend funds that exclude REITS.
I'm als…
