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.
The only time I regularly watched Wall Street Week was the six months, or so, I was tending bar next to a fifty dollar a month residence hotel in downtown Waterloo, Iowa. Beers were 35 cents, and shots were 90 cents.
PBS was the only thing I allow…
@WABAC …to be fully transparent, I own both of the funds I mentioned. For Jain, it works until it doesn’t.
I've looked at his funds. He seems to be the thesis and the category. Too much target risk for me when so many other funds are buying the sa…
"I'm happy to let my funds hold MAG-7s in controlled quantities. I don't need more of them!" indeed, and they pop up in unexpected places. They are a top holding in Rajiv Jain's international and EM funds for reasons I've yet to hear an explanation.…
No. Not joking. They ran at 300 baud. Even wikipedia doesn't have a picture of them.
When I first started at the company we were still using a specialized Cardex filing system to keep track of some data. One day the boss walked in and said "Why ar…
I was a Mutual Fund accountant many, many moons ago. Worked for a few different firms. They would price all securities using a feed just after the stock market's daily close (4PM ET). For any equities that moved > 5% from prior day close, you …
@WABAC: we both hold XMHQ. I was surprised to find SMCI as its top holding. Surprised because the same stock is the top holding of two of my go-go growth funds. Haircuts ensued last Friday.
I'm doing to stock funds what I recently did to bond fund.
…
”If it's all about the Mag 7, why is XMHQ up 11.24 YTD? Why is GRPM up 8.18? “
I have absolutely no idea. A few of us were just grousing among ourselves quietly over in the quaint OT section (which resembles a dark alley) and somebody had the b…
Wouldn't actual Marmie Coxists be in the upper left quadrant? Leftwing authoritarians.
That is correct, up there contemplating their dialectical materialism, and how to send everyone else to a gulag.
@WABAC - What is SPGP?
Nevermind, I found it.
Like several Invesco funds, this one had a different ticker and strategy until 2019. Something to keep in mind since M* and Lipper don't note the changes.
Had some money sitting in the taxable from the sale of some Vanguard indexes. Started to spend that today. Might spend a little more later in the day.
Bought AMAGX, which is about the best of the LCG OEF's available to me at Wells Fargo for no fee.…
For me, there is nothing more irritating than calling Fidelity reps after I sell in an IRA, and half of them claim you can't do it, and then I insist on talking with a supervisor.
I must be missing something here. What do you mean you can't sell …
@Crash- I'll tell you what- when you find the perfect broker who meets each and every one of your non-negotiable demands, and has a record of perfect service for at least ten years, please let the rest of us know.
When did people ever wander into br…
Was looking at my sector watch list, EVX was in the green. Been following it for a while.
dinky linky
EVX holds 30 waste management companies that it weights in 3 tiers. It allocates 10% of its portfolio to each of the 4 biggest companies by marke…
VRIG and TFLO in the IRA. They were also the only funds in the green in my bond watch list. A handful more, including local favorite RPHYX, held steady, as did FFRHX.
I take full responsibility for breaking the bond market when I ventured into FCF…
For me, there is nothing more irritating than calling Fidelity reps after I sell in an IRA, and half of them claim you can't do it, and then I insist on talking with a supervisor.
I must be missing something here. What do you mean you can't sell i…
"Democratic Mainstay" along with 16% of the public. I thought that I would be a bit closer to the middle.
And for @WABAC:
My Political Compass
I think that this one is really pretty accurate. Maybe I also have become more libertarian over time. …
I prefer this test, because the results are not represented by a line.
My results are at the bottom of the page.
IIRC, I have become more libertarian over time. Might be because I don't feel "strongly" about too many things. As good old Oliver Cro…
Well, I might offer that officials in positions like his always always always speak in generalities.
He's not investigating a derailment. What do you want him to say about the future? None of us have been there yet.
@mrc70, Well. If Turkish bottlers of soda and beer are what you're looking for in a mutual fund, 1.25 might seem cheap.
I shouldn't be snotty about it. I pay 1.22 for GLOFX in my taxable. But everything I bought on March 18, 2020 looks lovely to m…
@WABAC
Doing a quick look-see, I get these respective allocations for you based on your data.
I invite you or anyone to proof these calcs.
AAPL 0.05%
AMZN 0.00%
GOOGL 0.40%
META 0.00%
MSFT 1.02%
NVDA 0.00%
TSLA 0.00%
Total 1.47%
If you are OK w…
Aaaaannnd....on top of all that,
"Ackman is waiving the management fee for the first 12 months and after the first year will charge a flat 2% fee."
Not sounding too attractive so far....
I now feel bad for having launched a few jesting pot-shots a…
MFO Premium offers calendar-year returns back to 1960.
Default screens lean on the oldest share class. With a little creative screening one could probably get the specific share class they are interested in.
Here is the taxable. I'm just looking at the top ten holdings on the M* quote page. I might get to the IRA later.
Ticker, portfolio weight, holdings
DIVO 4.97, Microsoft 5.56
CSGZX 1.02, Microsoft 5.10, Apple 5.07, Alphabet 4.75,
DODGX 12.74, Mic…
I'm thinking a new ETF based on the stocks touted by M* Susan and M* Dave.
Three stocks to buy! Three stocks to sell! Three undervalued stocks to buy before the big game!
What would your portfolio look like after a year of trading on their touts? …