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.
In the IRA: Added to positions in THOPX, WSHNX, and MNHAX. Sold positions in VRIG, VNLA, and GSY. Bought new positions in USTB and TBUX. I'll consolidate the short-term funds as things become clearer to me over the coming months. I am considering LM…
@WABAC: one could infer from your experience that all the other holdings in your IRA went up so much that the precious metals now represent only 1.24% of the account. Look on the bright side!
I do. But I can't brag about success all the time. :)
…
Gold keeps rising....the typical gold bar (~400 troy ounces x $2,500 spot price) is now worth $1M.
Of course, I keep my bullion stacked in a little fortress formation in the middle of my concrete panic room. ...just kidding
With USAGX I was abl…
"I didn’t sense as much angst among the public back then over rising prices as today. ... I think it came on gradually over many years and people got used to it. They say if you put a frog in a pot of cold water and heat it up to a boil slowly the f…
"It wasn't until fairly recently that I became aware that I had helped build an enormous coal-fired generating complex. Who knew?"
@Old_Joe, that was the Navajo Generating Station, and it was demolished in 2020, so it's no longer messing with regi…
This constructing of a look-a-like mix of investments to match an existing fund seems ludicrous to me. Isn't that what an over-all portfolio is supposed to be? It is obvious there are different ways to get the same results. A little of A added to a …
Seems like a good time to build a replicating portfolio for LCORX. Devo describes the process at this dinky linky.
Portfolio Visualizer gives us ten free years of data, and over that period of time LCORX shows a beta of .49. So we're going to test …
@WABAC, i do not follow your use of spiked in the last sentence. Do you mean you are not convinced inflation is under control?
Spiked, as in stuck down by something sharp that was hammered into place.
Inflation is heading in the right direction fo…
Thanks. I did not realize it is an ETF. @WABAC talks in code sometimes and I overthought that one.
They could label it SSCC for soap, soda, chips, and cigs.
@rforno, I think people like your friend are probably rare. I'll admit that observing other people's shopping carts is not a reliable survey. But, I think the food industry will keep the GLP-1 companies well supplied with customers at least until th…
@rforno, I think people like your friend are probably rare. I'll admit that observing other people's shopping carts is not a reliable survey. But, I think the food industry will keep the GLP-1 companies well supplied with customers at least until th…
new medication will improve lives and reduce junk food consumption.
What a strange world we live in that we have to buy expensive drugs to save us from consuming stuff that should rarely go into our shopping carts.
@Observant1, I suggest you read this article by Devo, and go through the process of creating a "replicating portfolio." It's a useful exercise to evaluate any fund that advertises risk reduction. If your chosen risk reducer comes out ahead of the SP…
It's interesting--to me--to ponder the enthusiasm for this tactical-allocation fund on the ink-buying side of this site versus the disdain for option-based funds.
@Devo
LCR YTD performance at 5.82% does not jump out at me in view of the below YTD performances
Kinetics Global: 41%
Calamos Global: 31%
SPE: 21%
QSPRX: 20%
CPIEX: 26%
COAGX: 21%
QLEIX: 20%
What a year. FSUTX is up 19.42 YTD.
@WABAC- Well, to answer the original question, you appear to be gruntled. Me too.
Interesting word. Disgruntle came first.
I gather that the roll-call vote will be on Thursday. Still plenty of time for Harold Stassen to run. :)
@Graust, you said:
is anyone (Democratic voters) frustrated by Vice President Harris being chosen by a small group of Democratic leaders? We have said this in our house a lot, and how it seems non-Democratic.
Your description of the process is wron…
Seems like a solid mix to me. Why did you start with those funds? What is prompting you to consider diversifying?
Go to the library and check out some books on investing in mutual funds/etf's. After that, identify useful tools on the internet to h…
IIRC, when I read Random Walk back in the 80's, Malakiel was saying you could build a diversified portfolio with 20-30 Stocks. He might have changed that over the years. After poking around on the internet, it seems many people agree.
Anyway, seems…
@BenWP, I like this site for descriptions of ETF's. Since XMMO runs on specific rules I would think it would only need competent attendants. Nota bene: It has only been running on these rules for five years.
I always check the "comps" on ETF's at …
In the IRA: Closed out NUSC and FSNDX. Gave a ten percent bump to XMHQ and FDSVX. I don't expect to be making additional purchases on the equity side at current prices.
I continue to mull bond funds. Any new fund will have to have had a better than…
One more thought, I expect the stock market to become more volatile, reacting to every pronouncement. May be I will just hold fewer investments and get less involved with my investments.
The Ferdinand Rotation.
@msf, I have a reasonable expectation of what I'll be getting from a money-market sweep account.
What did customers of yotta expect to get out of placing their money there? Miror. Ergo ego google
Dinky linky.
Adding money to your savings account …
I'll try.
If it's OK with you, I'll expand a little bit for now. since the business press is crediting both candidates for crunching chips today.
Where rates are in the near term will account for near-term market behavior.
Seems to me that both…
Is that a BULL I see under the tree !
That's Ferdinand, as drawn by Robert Lawson. The line that goes with the picture is "He is very happy."
A quick read can be found at this link. I guess it's out out of copyright.
I think I'll just sit and wait for a bit. The muni's should gather a nice price increase while kicking off a fairly respectable taxable equivalent yield.
@BenWP, It initially came to my attention screening for funds with good Martin ratios. Over the time periods of most interest to me--since COVID, and since the end of ZIRP--it has been among the very best in the time slices available at MFO premium.…
Factoid City dinky linky:
“Hedge funds and traders held record short positions in small cap stocks going into last week’s CPI report and were caught off guard by the lower than expected inflation,” said Cole Wilcox, chief executive officer of Longb…
Whether we like it or not, the market place (providers) will keep providing what participants demand. I have no issue with the ETF wrapper. Majority of my equity investment is in ETFs.
Option strategies and their variations will keep coming until…
