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.
@rono has it right. This “race for ratings” (eyeballs) has been going on ever since Cronkite went off the air. Goes back at least to the OJ episode. The political angle of all this escaped me at first. Bloomberg has covered it 90% as an economi…
“Too bad they only have a 1 to 5 scale, and no negative answers.”
Sounds like a negative 5 rating. Wondering if VG employs the same “customer satisfaction” team as TRP?
Just a quick “Thanks” to those members who steered me to Fido in mid 2021. (T…
(one relevant excerpt)
“Former president Donald Trump, Senator Ted Cruz (R-TX), Senator Rand Paul (R-KY), and others have endorsed the convoy, and the Fox News Channel has talked about the convoy two and a half times as often as CNN and five times…
@AndyJ - Big Jeff Daniels fan. I’ll have to watch this some time.
BTW - That hat looks nearly like what I wear all winter. Nice warm ear flaps for those nasty blasts off partially frozen Lake Michigan. Escanaba’s maybe 100-150 miles across northe…
I know you said “this year.” But I’m blinded by a sea of red from Thursday. Only TMSRX (+.30%) and RIO (+.80%) were green. Just glancing at Dodge and Cox, looks like most of their equity funds are flat or slightly up for the year. Could change with …
What they say isn’t necessarily what they do.
As if gold / miners needed any more reason to slither lower. Gold’s only off $4 - but p/m miners off 2.50% at 3 PM.
Fed’s Brainard Calls for 1% Rate Hike By July
Feb 10 (Reuters) - “St. Louis Federal Reserve President James Bullard said on Thursday that he has become "dramatically" more hawkish in light of the hottest inflation reading in nearly 40 years, and …
I used todays updraft to unload portions in a couple of positions. After reading an ARTICLE posted today by Jim Sloan at SA I'm taking a peak at Japan ETF's. I'm not sure that I will scratch the itch but I am interested.
I used today to add a bit to…
Of course. But I haven’t seen that connection. In Canada it appears to be anger over having to wear face masks and be vaccinated to cross the border with their rigs. It’s a big leap, I think, to relate that to Fascism.
To make sure there was…
Who said anything about civil war? You are are surely aware of the chaos in Canada’s capital Ottawa and at the U.S. Canadian border crossings at Detroit and Port Huron, Mi.? There’s already a severe shortage of trucks and drivers which is affectin…
If you feel like gambling a bit, New York Life has a series of ETFs that claim (attempt) to track the returns of various types of hedge funds. All look interesting. But most have exhibited poor / lackluster performance. Two look promising: QED -…
I recently deliberated adding GATEX, but didn’t bite (went with more conservative fund). But GATEX’s a good fund - which I’ve owned in the past. Lost about 14% in ‘08. (For reference - PRWCX lost 27% that year.) Personally, I’d sacrifice a bit of …
If you can do it online it’s pretty simple (knock-on-wood). TRP may be one of the few that makes the process difficult. I ended up having to submit paper copies. But in moving PRPFX it was done on line. Took 2-3 days to complete. Fido let’s you att…
So is NOW the time to start nibbling ?
Nibble at own risk. Re ARKK - It’s a gamble. I still own some DKNG which is one of Wood’s babies. I’d probably sell on a 15-20% gain as it (along with ARKK) are outside my general tolerance level. I’ve done …
Folks had plenty of opportunity last week to buy ARKK. I provided a buy price ($64.5) and reasoning and followed up on several days last week and also posted when I bought on Friday. From the silence, I figured folks have no interest in a ARKK tra…
Thinking gets a bit muddled with advancing years. Caution looms. 2007-2009 was a “hoot” for many of us. Those under 60 or 65 at the time made out very well in the end, buying in at lower prices or (in my own case) converting a substantial sum to a …
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Well, sure, but I suspect that for those funds which have outside advisers, Vanguard is purposefully slotting multiple managers, not just to provide diversification of returns, but as a very clever means of controlling costs: If a fund has 4 ma…
@hank - how's your stake in PRPFX holding up?
PRPFX? Not bad. Off 3.7% YTD. Up an average of 8.5% over 5 years. It’s quite diversified, but gold, silver & miners have the greatest impact because they’re so volatile. Exposure to the Swiss Franc…
+1 (I tend to not notice much …)
From Yogi’s attachment: “ - Added support for backup and restore via Dropbox. You can access this feature by going to DejaOffice Settings -> Backup & Restore, then choosing "Use Dropbox" when prompted. Resto…
Thanks @MrRuffles. You aren’t confused. I was. I’ve lost track of the years. Checking the App store, the DejaOffice program was purchased in July 2011. It updates frequently of course. So have used it more like 11 or 12 years.
It’s hard to ima…
I still own some gold and silver, IAU and SLV, but I believe they are both slightly negative YTD. I swore off miners years ago.
The gold and precious metals miners have stunk for a long time. I know because I have one toe in them. But RIO is indust…
Yep. Just hit me. For 20 years I’ve relied on DejaOffice on ipad to maintain all my records (contacts, colander & much more) It’s been easy to email backup files every few days to my icloud mail account which is strictly employed for nothing el…
replying to @hank, "where to hide?"
Not sure it's hiding. More about taking what the market conditions are dictating. Commodities have been known as an inflation hedge forever. I own a "broad basket" commodity ETF, DBC, Invesco DB Commodity Index…
Thanks @Baseball_Fan & @carew388 for the suggestions. I’ll check them out. Being very spread out, PSMM only accounts for 7 or 8% of holdings. The idea was to use it as a tracking fund for comparing overall returns, plus have a small weighting …
“A planet doesn’t explode of itself,” said drily
The Martian astronomer, gazing off into the air –
“That they were able to do it is proof that highly
intelligent beings must have been living there.”
Poem - “Earth” by John Hall Wheelock
A lot of the defensive funds I watch have gotten off to a bad start. Hard to understand. SWAN, NUSI & especially DFND. The last one’s off 9% YTD. All of them appeared seemingly safe conservative funds until recently. I’m considering jettisonin…
I never considered the valuation of companies like FB in these terms. At least McDonald's has great french fries and FWIW I am a shareholder.
You prefer Ronald McDonald over Zuck? Let’s hope they never invent virtual food.
Agree with Catch that Bloomberg’s McKee is very good. If anyone ever needs to sober up in a hurry find something with Jeremy Grantham to watch. Was on Bloomberg a week or two ago.
I don’t know when @MikeM reverted to his “Deer in the Headlights” image, but it’s often a very bad omen. Probably more so having no message attached!
Damned if I know. Let's see if other MFOers weigh in on this. Thanks for your reply.
Basically the …
This job report released today is the main cause of the spike in rates.
Story
ISTM the Fed’s control farther out (10 years) is minimal. Simply jacking up the overnight lending rate (which has been signaled in advance) could have the opposite impa…
“Oh, and for the record, rono is a third term elected Republican Township Trustee.”
+1
While a Dem, I realize there are some good Republicans. Been sending donations to Liz’s primary re-election campaign (and the polling doesn’t look good at this p…
@hank- I've been using artificial intelligence to communicate my entire life! :)
What’s impressive (and commendable) is that you actually read others’ posts in their entirety! (Either that or, possibly, you start at the bottom and read “up” from t…
Reason people cannot remember DODBX "manager" is that there are 17 people listed - a crowd.US
I'm Nobody! Who are you?
Are you – Nobody – too?
How dreary – to be – Somebody!
How public – like a Frog –
To tell one's name – the livelong day –
To an …
