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If one could reliably predict that variance (1.51%) 10 years in advance (as in the case of fixed rate mortgages) I’d be moved.
But I don’t know how to forecast that far out. I find the two funds’ returns over a full decade remarkably similar consi…
“I only checked out the Starlink site to see what they were up to at the moment. Evidently their internet site, supposedly updated only three days ago, hasn't yet been "re-updated" to mention the "premium" service option.”
Ok. Got it. I never visit…
Thanks for the fact checking. Remember the old Avis commercial from the 70s?
“We’re #2. So we try harder!”
In another year after DODBX has pulled ahead for 10 years, please run those numbers again.
:(
PRWCX down -1.16% today.
I don’t care if PRWCX is up or down. Just tired of Giroux being worshiped at the alter!
Over 10 years, it leads DODBX by only 1.5%. The gap has been narrowing for a year or more. And DODBX did slightly better today.
…
Your numbers look right on the money. About what I’d expect. I track TRBCX (along with perhaps a dozen others). HSGFX was up. ARKK did only slightly worse than TRBCX. PRWCX held up better than I expected. A commodities fund I track (BRCAX) is sh…
@OldJoe - I just heard about the premium plan yesterday. Just started. A laugher IMHO. I’d expect you would be able to receive their standard service up at the river. $500 dish & electronics / $50 shipping 2 day FedX and $99 a month. No limit o…
Not Old Joe. Had similar problem. Foggy recollection. But it had something to do with Amazon wanting a secure address to which they could send a message needed for 2-factor authentication. . Amazon takes great steps to prevent someone else from ac…
“As a general comment on the whole tracking/privacy/advertising issue, we have never joined any "social" organization such as Meta (nee "Facebook") which on the face of it has absolutely no reason for existence other than to abuse user privacy for f…
Unclear question. I’ll try to answer. In a nutshell Apple (to their credit) recently made it much harder for websites & apps to plant “cookies” on your Apple device that allowed them to track all your internet usage. They than sold the personal …
Buffett’s original advice (quoted by @bee) was initially offered 8-10 years ago as I recall. Go back and check the major indexes than (much lower). But I won’t dispute that he probably still adheres to the recommendation made when he was a youthfu…
Mr. Giroux’s 2nd largest holding, Amazon (AMZN), is down 7% today. (Maybe in sympathy with Facebook?) Lipper lists AMZN as 5.5% of his portfolio.
“Too smart by half” is an old saying that might apply. :)
Thanks for all the data @bee. Since you quoted my humble words, I want to add here:
1. I’m not Warren Buffett.
2. To roughly paraphrase Christine Legarde today, “I don’t make unconditioned statements.” So note that I began my response saying “Dep…
I concur with @bilvihur that copying and posting many images is difficult to impossible. That’s doubly true of images taken from the T. Rowe Price site - likely (at least in part) for security reasons.
Geez - everybody appears to have had their say…
“(Most) poll workers are part-time, temporary employees hired by local election officials to staff polling places during early voting and on Election Day. Polling places average about eight on-staff workers for the whole day.”
https://www.ncsl.o…
Getting complicated. The U.S. 10 year rate did a U-Turn this morning and bounced much higher after the European Central Bank alluded to worsening inflation and indicated rates might rise. . At last glance, the U.S. 10 year was at 1.83%, up from 1.7…
Thought it worth resurrecting this thread on a day with Meta Platforms (previously Facebook) down more than 20%. (At 10:30 AM Bloomberg had it down 24% for the day.) The etf “META” doesn’t surface on Lipper (for me anyway) but M* shows it down a…
Wow. Who isn’t thinking about that? Depends so much on somebody’s situation. I tend to worry a lot. So I’ve long contemplated that the worst possible “1-2 punch” in retirement might be: (1) loose half or more of your invested assets in a market …
Giroux co-managed PRWCX with Jeff Arricale in 2006, the pair succeeding Stephen Boesel. Prior to Bossel the fund had seen 2 prior managers. Arricale took a different position at Price the next year, leaving Giroux in charge at PRWCX, and then left…
“It may be that there is no such animal as a good ex-US allocation fund because no single manager, playing the role of Mr Giroux, could cover all the bases, international investing being so complex.”
1. How many international developed markets hav…
Was just wondering what Elon Musk might do to improve that scene? I think he’d begin with automated equipment! Maybe attack from the air somehow? Melt the snow with rocket thrust? Hell, I don’t know … But there has to be a better way. We’re talkin…
Thanks for wading thru that! I hasten to add (for benefit of others) that the lower case “d” in democratic was intentional, as it wasn’t a reference to political party, but rather a reference to more enlightened open-minded thinking as well as to …
We've met a pretty fair number of Michiganders, and they have been universally very nice and decent folks. We did a lot of European traveling with a fairly large group of them for a number of years. Trump has unfortunately been a very sad eye-opene…
Good Pic!
Forget all this crap about “winter wonderland”. It’s only pretty when it’s coming down and fresh on the ground. Soon turns to crud as it settles, attracts dirt & grime or gets trampled on and driven through. Nasty too when it thaws a b…
JMHO - But sounds to me like they’re hoping to chill some markets (housing & many equity sectors). But they’re not getting much response with mere words to date. Hence the talk of a .50% hike in the first meet. (I don’t think they’d dare.) Hones…
“but he pushed back against the idea of kicking off the coming tightening cycle with a half-percentage point hike.”
Hard to say. Sounds like he wants to start out slowly (quarter point) and ramp up later. The interview was posted to Twitter. I don’…
Scientists are said to be working on a plan to clone David Geroux and bestow upon the new copy the cultural and linguistic attributes of the inhabitants of some as yet to be disclosed foreign domain.
Fed’s Bullard Doesn’t think a half point rate increase “really helps us” …
Interviewed February 1
(Excerpt) St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank's meeting in March an…
Fed’s Harker Says 4 rate hikes appropriate this year.
(Excerpt) Right now, I think four 25 basis point increases this year is appropriate," Harker said during an interview with Bloomberg TV. "But there's a lot of risk here," including the risk tha…
Even if the Fed raised rates to 2.00% by the end of the year, real rates will remain negative.
Yes.
Looks like they’re trying to talk some of the overheated markets down without having to really do much heavy lifting (raising rates quickly). I tr…
“Fed's Daly supports rate liftoff in March, interest rates at 1.25% by end of year ” (1/31)
Source
Excerpt from Reuters - The U.S. Federal Reserve should start raising interest rates from near zero in March and can comfortably raise them to 1.…
Atlanta Federal Reserve Bank President Raphael Bostic told The Financial Times over weekend that the Fed may impose a 50 basis point rate hike in March. Bostic is a FOMC participant and would have been covered by the aforementioned blackout.
(E…
