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.
I bought in early and mid July with the apprehension that things could turn worse as inflation persisted.
But then I probably hold a higher percentage of cash than most people. So I can also afford to do some buying again if inflation remains persi…
op cit
Notably, we find that 1,050 out of 2,870 funds made a change to their prospectus benchmarks
at least once over a 13-year period. Because we collect data on funds’ benchmarks beginning
in 2005, the first year in which we can detect changes is …
The article is behind a paywall. So I can't read their argument. But hey, which market?
Most funds I have ever looked at compare themselves to some sort of bench-mark index--even if one of their own creation. I don't remember any of the funds I hav…
@BaluBalu
If you are inclined to worry, never browse the net logged into any service from google, facebook, amazon, Linked in, etc.
Use an old-fashioned browser like firefox. It has lots of privacy features. Get an add-on like Privacy Badger. Try…
Bringing this discussion back up for everyone. I would really value hearing what everyone's favorite small cap funds are. WAMCX was my primary holding in small cap for several years but it got crushed in the market selloff over the last year. I'…
@Derf
I heard via TV that Ford raised the price of their EV truck up over $8K !
Not enjoying that ride, Derf
Added: If you like green,
take a look at Mr. Market
This is why people need to look at which sectors the "gr…
We are in. And GRID is included. Per ETF.com:
The sector may include business in electric grid, electric meters and devices, networks, energy storage and management, and enabling software. GRID also screens for minimum liquidity and market cap. To …
@WABAC: I agree with you on water. I have a decent amount in FIW, and I have stuck with it despite drops since late 2021. The fund holds companies whose business extends beyond water per se, but I think they are solid industrial companies. Lots of g…
Making alcoholic beverages is morally wrong
Certainly some ratings penalize (or exclude) the manufacture of alcoholic beverages for moral reasons. However, M*'s Sustainalytics concerns are not moral but (surprise) sustainability:
Based on assess…
@WABAC
GEVO landed a bio-fuel contract to supply American Airlines…
american-airlines-gevo-biofuel-sales-deal
Thanks for the info. That happened faster than I expected.
Question for those that commented on this thread. Did anyone take a position in energy when it went negative in 2020 ?
I'll answer that first. No I didn't & kick myself in the butt every time I think about it !
…
Bio-fuel. Is that where they burn garbage and waste to produce the energy? Bio-Mass?
No. Liquid fuels for things like trucks, rail, ships, tugs, even airplanes eventually--so they say, where batteries are not yet considered to be efficient. Which b…
+1 History will not look kindly upon Manchin for killing the bill so he could buy the second yacht. I think perhaps the fossil fuel industry's climate science denial dodges will eventually end with a major acquisition of a company like First Solar. …
Why, despite a lack of uncertainty last year, did you fail to anticipate the worst bond market in centuries? How did you not see the worst opening 6-months in the stock market in 40 years? The worst inflation since 1981?
I don't know. On the other h…
@TheShadow Thank you for posting this, not blaming you in any way.
Agree. I think they’re just running out of ideas for new ETFs. Any suggestions for the right ticker symbol for this one?
KRNK
@BenWP
@WABAC: thanks for all the research you put into compiling your buy list and for sharing it here. I share your interests in infrastructure (PAVE and GLFOX chez moi), water (FIW) and green energy. GRID was unknown to me. I have added recently …
Just to follow up on my IRA, I have added money to positions in BUSFX, XBI, FIW, GRID, GGSYX, PTH, PSCC, VDC, SYLD, PRBLX, VDIGX, PRWCX, and FSRPX. I also have added to existing, or new, positions in some of the funds mentioned previously.
There's …
Been doing a lot of shopping lately.
Last March I sold out my wife's inheritance, which was mostly in a regional utility. She has hopes of buying a small house in a location cooler than Arizona. So we decided to invest 25% of her funds.
Her priori…
I'm not a stock picker. But I have been buying tech funds for our accounts the past ten days or so. These include TDV, FSCSX, CSGZX, and FTEC. In a sector as diverse as tech, I like to spread my bets around. And I don't mind a little active manageme…
As John Paul Jones might have said if he were on the Fed board: "We have not begun to huge!"
I only have one well-remembered bout with inflation. No one came up with a quick and painless solution then. I don't expect one now.
Couple of months ago the guy that fixed our dryer told me he was buying crypto. At that time it was only down a little. I asked him if he was buying the dip. He said "Yep." And then said he was going on vacation to New Zealand.
I hope he enjoyed h…
I am so happy that the refineries are converting from refining dirty gasoline to refining clean biofuel, even though the resulting refinery capacities will be 69% less. Secretary Granholm told the oil execs not to slow down the conversions to biofue…
@yogibb et al,
I did read your earlier post on crack spread and oil companies are making a lot of money. Modernization of existing refineries is not cheap but it is a necessarily for safety and the ability to produce other grades of fuel. Think ma…
In addition to high crude oil prices, refining for gasoline is the other bottleneck. Gasoline are produced locally and there are finite number of refinery plants across the nation. To build new ones takes over a decade given the safety requirement…
@Bobpa
There are reasons to be concerned about the bond portion of allocation funds given the rising rates. I'ld look into the duration of their bond holdings.
Not giving advice, just speaking for myself, but I hate to sell things that are curren…
Exported everything I wanted in terms of watch lists.. If I need to see how things are doing I can always log onto my actual accounts.
So basically this just removes one more thing from my daily browsing. I suppose I'll check into see their littl…
“There was a drop of 78.4% from the 5132.52 of March 2000. In October 2002, the NASDAQ was trading at 1108.49.”
Remember it well. People were freaking out. Be careful out there.
Source
It was brutal on the tech sector. But the S&P 500 only g…
I visited their website. It's, uh, exhibit A of something.
They seemed to be more interested in people investing in their company than actually investing in their buzzword funds that don't exist at the moment.
https://www.nightshares.com/
You can…
Inflation ran around those levels in the late 60's to just before the oil embargo. During that period the Fed funds rate averaged around 5%.
Sounds to me like Mr. Market is not ready to have his punch bowl taken away. It must sound easy to live wi…
