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If PRWCX gets to -12% YTD, I'd buy more, by using bond money. I have a strict wall between non-taxable and taxable stuff, now.
No quarrel on that. I just enjoy picking on DG. Truth is, most everything is suffering at present.
FWIW - My gold fund…
Price’s “Blue” Chip (TRBCX) is aptly named - down 4% today putting it at -27% YTD. Don’t own it. Gosh - for less than 4 months time that’s really moving. Not in Wood’s league, but nasty nonetheless.
FWIW: Price’s PRWCX (own it) fell 2% today…
I hope her fund isn't a leading indicator for the stock market in general...
Looks like ARKK lost a bit over 6% today. You need a tough constitution to bear that kind of volatility and not spill your guts. I’ve been playing with one of hers, DKNG, …
“Is the Schmeissing just getting started? Inquiring minds want to know...”
Personally, I subscribe to the “tip-toe” school of investing - adding slightly when things are falling and selling slowly when they rise. Today was a good day to lighten up …
Anything with metals or commodity exposure got dinged. I’d expect multi-strategy funds to be all over the place depending whether they had long commodity / gold exposure. Plus, the hedges (approaches using puts) swung from strong up in the morning …
Weird day. The VIX jumped from a sedate 20 where it’s been stuck a long while to an elevated 30 early in trading, but fell back to about flat at day’s end. Longer dated bonds did well as the futures markets suggested they would. My newest acqu…
Well … no intention on my part to create hysteria. Fido would appear to agree with me that the overnight Asian / global markets and U.S. futures are worth watching. Sometimes they’re accurate predictors of the next day’s activity and sometimes the…
Miner Rio Tinto (RIO) is fairly diversified, but heaviest in iron ore. I lightened up on it as it rose this year but resisted the temptation to unload all of it a week ago - Woulda Coulda Shoulda.
I’ve seen some references to heightened competition / lower fees in the ETF field. Also, to the extent investors think the equity markets will sour (or have soured) they may be anticipating less business for Blackrock from the retail community.
Ha…
“and long government-bond funds saw inflows."
Last I checked long term treasury index funds are down over 17%. Please help on why these bonds attract investors?
I agree @Sven that it appears counterintuitive.
However, you can’t buy past perform…
Lots of juggling … I plunked a bit into GNMA (ETF) today thinking it will outperform cash the rest of the year. I mean … down nearly 8% YTD … How much worse can it get?
I’m pleased to have one recent acquisition, FLO (Flowers Foods), in the gr…
There has to be a trove of data on those black boxes. Wonder whether they’re too damaged to be read or whether the info is being withheld.
Thanks for the update.
Unrelated: After we boarded a 737-800 at O’Hare couple weeks ago and after the doors…
Glad some found this thread useful - even if in unintended ways. As it no longer pertains to my original question, I will no longer be monitoring it.
Thanks to all who shared their ideas re the original question.
The WaPo is interesting, in that it maintains it's historic "left-leaning" reporting and editorial perspective despite being owned by Jeff Bezos, who is not exactly known for his pro-union left-leaning propensities.
15-20 years ago we achieved the t…
IMHO, all missing the “elephant in the room” … I think the root of NETFLIX’s subscriber loss is the legalization of online sports betting across much of the country. With a few dollars riding on a sports contest people are viewing more and more sp…
I did not take @PRESSmUP’s reference to politics as being directed towards anyone. Just ran a bit “off the track” which most of us manage to do now and than. Of course, he can answer on his own.
I bought a little at 220 this morning. I'm a sucker but just having fun.
+1
Unloaded 50% of my recent DKNG acquisitions yesterday on a nice bounce. Lowered my average cost to $16.75. But it’s having a “sissy fit” today - off 5%.
Watching - At $1…
Point taken @MikeM
The TRP funds I’ve sometimes used (PRSIX, TRRIX) don't adjust holdings - other than maybe some subtle market calls on TRP’s part.
I like yogi’s suggestion. On the other hand, there’s something to be said for using funds you ha…
I tried using AOK as my personal benchmark based on my 31% equity allocation. I am down .87% YTD as of today. I must be a (timid) genius. LOL. Another 30% er,,,, VTINX is also failing to provide protection. It seems obvious that a giant slug of …
Thanks. Hope he’s right.
Added: Caught him on Bloomberg today. He makes an impressive case.
I suspect that to some extent Moynihan is “talking his book.” A banker predicting a recession would seem akin to a bartender going to a temperance meeti…
Enjoy both WSJ & Barron’s. With few exceptions the news reporting in both seems objective and of high quality. Too bad the WSJ devotes so much space, however, to their (mostly very conservative) “Opinion” section. A waste of good talent ISTM. T…
Suffering withdrawal w/o a nightly fix of BB to wager on. The NBA playoffs are taking place now. I put a couple bucks on the underdog Mavericks last night, forgot to watch, but they somehow pulled it out against the Clippers.
I’ll generally only w…
Re South Africa, violence at mining sites has cut into production. I’m not up to speed on all the different minerals necessary for the green transition, but there are other deposits of many of them globally in less volatile settings. Even Norway …
I like ORD. That’s what United & American use for transfers to longer distance flights. The other option is through DTW (Delta). DTW is a bit less congested. It’s 20-30 minutes in the air up to TVC from ORD. So typically more time on the gro…
There’s been ample coverage in the WSJ that global shipping is slowing down and also domestic trucking. Apparently some cargo ships are running near empty for reasons that weren’t entirely clear to me. The slowdown, however, is credited to store…
Mr. Fantastic says, “I have never been this high”
Yogi Berra said, “It's tough to make predictions, especially about the future.”
Personally, I have not built up cash. On the other hand, I haven’t thrown money at a falling stock market either - as…
I only track daily volatility of VWINX. On that single metric it is quite impressive. Didn’t fare quite as well as usual Thursday, losing .59%. Still, that was less than half the 1.22% loss in the S&P.
I certainly understand the inclination on…
Interesting comments by @BaluBalu above on Costco.
Just read the Barron’s article. Costco has a lot less “shrinkage” than its competitors (the nice word for theft). Reasons given: Items are larger and bulkier, receipts are checked at the door, s…
