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Thanks, Yogi. I wasn't sure if that was still the case these days. So, if retirement funds are covered (401Ks/IRAs), that just leaves Taxable funds (savings or brokerage accounts), assuming I were to setup a Land Trust.
For RE, I would not rec…
New Covid variant detected in S. Africa, so futures are down. US stock exchanges close early (1PM ET) tomorrow.
I sold my TMSRX a while back. I think there is such a thing as "momentum" with some of these mutual funds - as if they suddenly lose …
What are the odds that owning digital currency (i.e. Bitcoin) ends up being a good hedge for the next equities "reset"? Is Crypto-currency the newest asset class? Or will it turn out to be more of a speculative fad?
Commodities have had a nice…
I'd stay away from buying TAIL, which was not a great hedge. It could only work out if we have a market collapse, and you time it exactly.
FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) has been on my watchlist for a defensive options play.
I use RPHYX and FPFIX for short-term bonds. Not expecting much at all - maybe 1.5% to 2% annual returns in the current interest rate environment. Better than nothing, but not by much.
I balance these steady funds with higher risk (but low durat…
Check out WBALX for a solid 30%- 50% alloc fund.
I did quickly, and while the equity part of WBALX may be "solid", I question the performance of the bond portion in the current rising interest rate environment. It makes up 42% of the fund's portfo…
Lost 18.14% in 1Q 2020, vs 10.94% for FMSDX .
WBALX lost only -8% in 1Q 2020.
But....FMSDX has a 3 year annual return of close to +17%, versus TSHIX at 12.5% and WBALX at 10.6%.
Had given up on many of the funds listed in this string. But I stayed with HMEZX, despite Nexpoint having a questionable partner history (via Highland Capital - J. Dondero). It is a red flag for many.
But HMEZX has been a solid "steady eddy" pe…
This is comical... "a city investing in technology, science, and innovation." Why not just be honest about it...
There my be another reason to move the ARK there. - Here
I don't think this ARK will stay afloat in any type of deluge.
Its been a weird month where Energy boomed and everything else was sorta sagging.
1 MONTH RELATIVE PERFORMANCE
-6.3 % Healthcare
-5.3 Real Estate
-5.3 Utilities
- 5 Basic Materials
-4.2 Communication Services
-4.2 Tech…
stillers said:
Still lost?
When I said that you lose me, that didn't mean I was ever lost.
You pay "BIG bucks" for brokerage newsletters, knowing full well that its in their best interests to always paint a rosy picture for retail investors. …
@stillers said:
GoldmanSachs for one I trust......
This is where you lose me. GS knows how to make money for GS, but that does not imply that they give out their best proprietary information (or important guidance) to the general public. N…
Well now, MY CRYSTAL BALL shows we get another -5% drop from here before resuming the march upwards. What makes it fun is that nobody ever has a clue what really comes next.
It would be a good thing for equity valuations to calm down a bit, t…
I’ll bet you a nickel the Dow closes below 34,000 again at some future point this year.
I'm looking for Dow closer to 30,000. But I might be looking for a while.
The diplet has run its course, and we get the obligatory bounce today as we buy these dips. It was just starting to get interesting this morning. Started buying SPY.
Does it even feel possible that we get a legit correction? Still waiting.
Dips are tougher when bonds don't hold up well. Then its a double-dipper experience.
Had some funds with no price change today, but could not locate any green on the screen. Gosh, you couldn't even hide out in stalwarts like GME or AMC today.
Who here would not bet half the house --- assuming economic and business variables stay largely the same and the current guy stays in office --- after a -20% decline? The combo of boomer and millennial greed is a Force.
How can we ever get to a -…
You are left wondering who is really worse in such situations...the vulture-like lawyers, or the incompetent/negligent/deceptive Fund Mgr? Class action lawsuits eat up a lot of assets.
Ask these meme lovers why GME went up +27.5% today (8/24), and they answer "Fundamentals". LOL. But pressed further, they have no idea how to answer. The new generation of uninformed traders thinks its the quickest road to riches. Seems a lot …
@carew, Thanks, I am aware. I had sold FSMEX recently, and was hoping to get back in a bit lower. But like your idea of a $1 placeholder in case it closes.
Been having fun with buying fractional shares now at FIDO as well (i.e. AMZN, SPY). …
So, BABA's Jack Ma really dropped off the face of the earth after being summoned to Beijing last October (after his political speech)? Poof - gone.
Supposedly, he uhhh....paints a lot now. Somewhere, location unknown. China is scary in many w…
Strongly considering throwing a few dollars into Fido's 5 star China Fund - FHKCX.
Don't really want to buy education stocks (TAL, EDU, etc), but at current prices.....tempting. The Chinese gubmint is even more devious than our gubmint - the…
Per TRP (link below), it doesn't look like the PM wants the public to know about these "Misc Securities". Perhaps some kind of derivatives?
Miscellaneous Securities ‡ 1,642,719,101
Total Investments in Securities 19,036,241,11…
And an example of how some proposed purchases could be blocked sooner rather than later:
https://finance.yahoo.com/news/doj-considering-lawsuit-block-unitedhealth-222046184.html
Though Biden didn't make his general "crackdown" announcement until e…
I don't know how much this plays in, but in early July, President Biden announced his assault on monopolies. As such, he mentioned mergers/acquisitions. Since Merger arb funds started underperforming a few weeks before this announcement, assuredly…
BORING is the name of the game. No good value out there, and assets continue inflating anyway. Bought some more HRSAX and MWFSX. Yawn.
Got back into V today, which I always say I'm gonna hold forever, but never do.
Gave up on MERFX and BALP…
I also nibbled on AMZN today. The ability to buy partial shares is kinda nice for small-time buyers (like myself). Would be happy to see it below 3000 per share - then I'd buy whole shares.
