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.
IMO, Fed is not going to drop FF rates in a hurry to 4% or below, unless it sees long term inflation expectations dropping to 2% AND r* at 4% or lower. I can make a case for a total of 50 bps or less cuts this year.
This was along my line of thin…
“Bought LCORX today because it came up in MFO conversation …”
That’s as good a reason as any. I can’t see making these decisions overly complicated. :)
Yes, I take all my investment direction from various message board postings at MFO. Works like…
LCORX charges 1.44% ER. That's a bit high for a conservative "go anywhere" fund. Would like to see that come down - even if it means 1 or 2 less ice-fishing trips for their Minnesota office.
Bought LCORX today because it came up in MFO conversation, Schwab lets me buy only $100 initially and because it's been on my watchlist forever. It will sit right next to PRPFX, and I can see which fund "wins". LOTS of excitement.
Good times.…
The consumer is pulling back a bit, and this is reflected in Retail companies' earnings. Not the end of the world, but I can't remember the last time we saw folks zip up their wallets in the US.
Consumers are the engine, no? Probably not going…
Looking to replace MMKT funds and still try for 5% per year after rates are reduced, with low volatility. RSIVX (RSIIX)and RPHYX (RPHIX) are getting initiated, and will sit next to HMEZX and CBLDX. Boring is desirable in this bucket.
The Fed …
Donnie would just cut rates to 0% immediately in the hopes that it would make him look like a stable genius..... and then he could finally wear a Kings crown. That's his supposed "instinct" at work.
After filing Chapter 11 so many times, he is an …
Now that retail investors have been trained to buy the dips, does that offer a new floor on any market pullbacks? It's a bit of a change in herd mentality, but retail doesn't make up much of the daily volume. A few more consecutive trading ses…
So it's really an allocation fund that includes commodities exposure, and as a result can display high volatility (SD).
David went back for an explanation on the -5% single day loss on BLNDX from a few years ago, and of course it was related to …
AQR funds that may (or may not) be of interest - QDSNX - AQR Diversifying strategies (a Fund of AQR Funds).
Also, QLENX - AQR Long-short, QMNRX - AQR Market neutral.
How does one purchase AQR Funds? Don't you have to have a million to invest per …
Added some to most positions.
The media keeps using the R word (recession), and the market rolls over. Was yesterday capitulation, ending a correction? Or the start to something else? Either way, I'll add more as time passes.
Futures are up nicely AH. Lets see if that holds tomorrow.
Need some more of this here downside volatility stuff. The dippers have to get scared, and we aren't there yet.
Per A Wealth of Common Sense....with my bold for emphasis:
https://awealthofcommonsense.com/2024/08/this-is-normal-2/
"The S&P 500 has finished the year up double-digits in 56 out of 96 years since 1928 (almost 60% of the time). In 24 of tho…
AQR funds that may (or may not) be of interest - QDSNX - AQR Diversifying strategies (a Fund of AQR Funds).
Also, QLENX - AQR Long-short, QMNRX - AQR Market neutral.
Since the peak on July 10, the MAG 7 have given up -13.3%, or $2.26 trillion, in market cap, which has now fallen to a still very high $14.7 trillion, where they’d first been on May 28 (at highs ~$17 trillion).
They started out the year closer t…
Started new position in JDAEX (load waived), and added to HELO in all accounts. Always looking for the least volatile route.
Does anybody even buy Long-term bond funds anymore?
Small note - The Mag 7 (Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla) dropped -4.8% today and are down -10.4% from their July 10 high. That's “correction” territory, though from grand heights tis still just a small blip.
Bad customer service is the new norm. So to which brokerage do you move? Fido seems ok at best. Vanguard is a pit. No brokerage houses "shine" these days.
Yes, Mitch created this mess, and I hope he rots in his grave soon.
Many ordinary folks don't realize that Trump facilitated this far-right SCOTUS fiasco. He and Mitch were quite the team. American democratic values mean nothing to these mani…
"Concentrated portfolio + low turnover can be terrible if the fund owns bad holdings."
Thanks for the insight, Captain Obvious!
"Pearls of wisdom" (at least, he would say). He's a joke.
Maybe he should be at a Trump rally.
Narcissism is a personality trait that can be characterized by a number of traits, including:
Self-importance: Exaggerating achievements and talents, expecting recognition as superior, and believing they are s…
Diversification means always having to say you're sorry about some investment in your portfolio!
I liked this one. Goes on the fridge.
Like a few others here, I am having trouble opening up my wallet to buy much at current asking prices - especia…
Tis a shame he might wrest control of the White House a SECOND time. More of an indictment against US citizens' common sense than anything else.
If any other candidate made disturbing comments drawing parallels t…
Speaking of felons, I always wondered how his son-in-law, Jared, was allowed to "do business" with foreign interests...while also responsible for diplomacy. Kushner received a $2B investment from a Saudi prince just after Trump left office. He's c…
I feel like I mushed NICHX....even though I didn't buy any. i just THOUGHT about buying some - but that's all it took!
Starting to develop a serious phobia here. Curious to see how it prices tonight.
We have been sold on hate, and US citizens keep buying. Blame the media, blame the political machines, but also blame people all too willing to be manipulated. FOX takes propaganda to an entirely new level, and folks just Hoover it down.
@sma3, your brokerage limits will often not match the stated limits as those vary widely between different brokerages.
But don't expect perfection - the brokerage lists are often incomplete. It's more of a general reference. It's yahoo, after all.
One article tried to break it down by Renters vs. Homeowners.
Renters have experienced recent rental price increases and are more likely to be on the lower rungs of the income spectrum. They are getting hit from all ends. Meanwhile, Homeowners…
Investopedia's definition of an absolute return fund apparently didn't mention cash as an asset, but I don't really care what investopedia says. Cash can earn 5% these days.
