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 certainly don't know where the bottom is, but international equities look cheap, especially given the outsized gains of the US dollar. I nibbled at FNDF, even though I doubt international equities will be big winners. Mean reversion is my hope.
Fr…
I'm using the S&P 500 as a bellwether for the broad U.S. market.
There have been twelve S&P 500 bear markets (peak to trough declines > 20%) since the end of WWII ¹.
The current year was taken out of consideration since it is a "work in …
Good move for short-term cash.
In my opinion, the 26-week T-Bill is currently in the "sweet spot" of the yield curve.
Select rates from the Dept. of Treasury website for 09/23:
1 mo. - 2.67%
3 mo. - 3.24%
6 mo. - 3.85%
1 yr. - 4.15%
2 yr. - 4.…
@hank,
I wouldn't say my judgement was better...
Our opinions regarding these two guests just differed.
The segment with Steve Rattner, chairman and CEO of Willett Advisors, was also interesting.
He believes that the biggest investment risk is ris…
Nice Neptune image!
Hopefully, the telescope's problem(s) will be resolved soon.
NASA’s former program director of the James Webb Space Telescope, Gregory Robinson,
was recently honored as the 2022 Federal Employee of the Year.
This was my first time listening to Tracy Alloway.
I was impressed with her thoughtful insights.
Kristina Hooper was just ok.
The Odd Lots podcast which Ms. Alloway co-hosts has been referenced by other financial writers/bloggers.
I'll have to give …
I just checked a bunch of intermediate-term core/core-plus bond funds that I track.
They're down 0.97% to 1.46% today.
Gundlach's call might be a little premature...
If someone would let me know when rates will stop rising I would like to reach out at least to 5 year CD's or T's, at 4 or more %.
Thanks , Derf
After you find out, please let me know! ;-)
Giggle. I read the title given to this new thread and thought it meant that someone or a group of someones--- known or unknown--- had bought monstrously gigantic amounts of Treasuries.
That's what I thought it meant, too.
I see how the original t…
Good tune!
I listened to part of The Basement Tapes (Dylan/The Band) this morning.
It was recorded in 1967 while Dylan was recuperating from a motorcycle accident but released in 1975.
Good news indeed from the 11th Circuit Court of Appeals and the NY Attorney General!
I hope Trump will finally be held accountable for his wanton disregard of the law.
Here are a few takeaways from Jerome Powell's press conference.
Core PCE inflation over the trailing 3 months, 6 months, and 12 months
is running too high and is not where the Fed wants it to be.
The shelter inflation component will remain high for …
It appears that Trump was warned of the legal perils of holding government documents but he apparently ignored these warnings.
"A onetime White House lawyer under President Donald J. Trump warned him late last year that Mr. Trump could face legal l…
TIPS are finally offering positive real yields.
The 10-Year TIPS has a 1.07% real yield in the secondary market.
There is a 10-Year TIPS reopening auction scheduled on Sept. 22.
The 5-Year TIPS has a 1.14% real yield in the secondary market.
It will…
"One non-investment suggestion is to watch some benchmark funds that you think approximate your risk level. (Don’t have to own them.) Than see how your portfolio holds up against those benchmarks.
If you’re doing a lot worse over time, that’s someth…
I didn't watch Rosenberg on CNBC today.
I've heard his market analysis several times during the past few months.
He's very intelligent and he tells a convincing story.
As you mentioned, Rosenberg has been quite bearish for some time.
There's close t…
"But those who spend a lifetime delaying gratification may one day find themselves rich in savings but poor in memories, having sacrificed too much joy at the altar of compounding interest."
"Perhaps many of the most popular personal-finance books …
Trump post on Truth Social:
"There seems to be confusion as to the 'picture' where documents were sloppily thrown on the floor and then released photographically for the world to see, as if that’s what the FBI found when they broke into my home. Wro…
I transferred my Roth IRA from Fidelity to Vanguard in 2019.
Fidelity required a medallion signature guarantee for the transfer.
I was able to obtain the medallion signature from my local credit union.
This credit union is used mostly for direct dep…
Vanguard is well-known for its passive index funds.
However, it is also one of the largest managers of active funds.
Vanguard's AUM for actively managed funds was more than $1.7 trillion as of February 28, 2022.
Some of its mutual funds advised by …
My expectation is that inflation will remain higher than expected for longer than expected.
The Fed may need to be more aggressive than many anticipate.
@Mav123,
The Summary Prospectus (dated August 1, 2022) indicates that Rajiv Jain,
James Anders, Brian Kersmanc, and Sudarshan Murthy manage GQFIX.
Mr. Kersmanc and Mr. Murthy started managing the fund on July 1, 2022.
Who departed GQFIX?
"The 5-deck ship, which boasts an infinity swimming pool plus a 3D cinema, has drawn a 'staggering amount of interest,' Hollyer said, citing about 115 inquiries and 28 inspections by potential buyers or their survey teams to date."
Darn it! This m…
Vanguard's domestic equity index mutual funds with an ETF share class are listed below ¹.
Vanguard 500 Index (VFIAX)
Vanguard Dividend Appreciation Index (VDADX)
Vanguard Extended Market Index (VEXAX)
Vanguard Growth Index Fund (VIGAX)
Vanguard Hig…
Many stories proclaiming the death of the 60/40 portfolio have been written over the past decade.
The pundits have been wrong about this.
It will be interesting to see how this portfolio behaves during the next recession.
I have a feeling those who …
