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.
Today's failed rally was encouraging for us "Sideline" folks. Some of the air finally starts to come out of the bubble. Who knows, this could get interesting.
Junkster, I always do appreciate your posts. I will have to do some research on Zweig momentum buy signals.
Carew, I'm in an all too similar boat (majority cash). Each down market day means more small equity purchases, though. Like tiptoeing in…
+1
(Glad you spelled force correctly. :))
Was that a spin on "farce"?
Those who only buy Mutual funds would have "missed out" on today's action. I'll be leaning more and more into ETFs in the future. Filled a few orders for ONEQ and SPLG this AM…
Edit/Add: 1/10/22: Marko Kolanovic, Morgan Stanley - Near Term: We recommend Buy the Dip as the market is oversold and can handle higher yields. The reaction to the Fed is overdone.
Note: It's a paraphrase.
Today's session had that "Buy the …
There is nothing more defensive than a Fund with a large cash hoard. PVCMX will look like a champ if the market corrects here and they pickup the pieces. Cash was near 80% last I saw.
Its the perfect small-cap fund to gamble on if you view the…
Another fund with a nifty record, as all of its 17 (calendar) years show gains......AVEFX (Ave Maria Bond Fund). It holds a 20% allocation to equities, despite the name.
You know darn well what happens in 2022 if I buy it.
Yogi Berra approves your message.
If any brokers did have solid information on future performance of Asset classes, they would certainly keep it for their own "proprietary" portfolio. But none of them really can predict the future.
It would be …
@Baseball_Fan:
Re FMSDX - Lipper breaks down its holdings this way:
50% Stocks
25% Other
24% Bonds
2% Cash
Would you happen to know what the 25% “other” is invested in? Thanks.
Per Fidelity:
FMSDX
As of 11-30-2021:
Portfolio Weight
…
TANDX has a transaction fee at the 4 brokerages I checked, so I would probably buy and hold the fund as well.
TANDX portfolio manager's name is John CAREW. Hmmmmm.....
I'm adding to WBALX in 2022, come what may.
Fascinated by PVCMX, which I h…
"I think a lot of us are anticipating a change in sentiment some time during the new year." - Maybe this bearishness is what buoys the market? Sentiment is not exactly optimistic right now.
That and a boatload of "backed by the Fed" has the market…
Wondering if the legal issues connected to HMEZX have been cleared up-specifically the Jim Dondero bankruptcy, etc ?
I'm guessing somebody like Dondero maximizes his litigation efforts and makes sure it all gets buried, a la 45. A decent (and hig…
I love the concept of CTFAX and trying to time the markets. Equities are generally overvalued, at least by historical metrics.
Can CTFAX really get "ahead" of things? It shifted its allocation a while ago. The markets (thanks to the Fed) are …
How about "Umbrella Insurance" from a major insurer?
Carew,
I do currently have an Umbrella policy layer, but is it true that the Insurance company can turn around and go after you for having to payout on certain types of claims? This would make t…
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.
