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.
It’s a minor nuisance. I was slapped with a 60 day stint in Fido’s “penalty box” after 3 checks mailed to them by TRP as part of the transfer process all bounced. Price reissued the checks. But Fido had force-sold all the funds I’d purchased thinkin…
I haven’t fully comprehended Fido’s 60 day holding period after you buy somebody else’s fund NTF (no transaction fee). You can sell it inside the 60 days, but ISTM that triggers a $49.95 fee. So I don’t sell off any within 60 days of purchasing or a…
Re PRWCX
I ran a “test” and it appeared they’d allow me to add more to PRWCX (which I transferred over “in kind.”) So I’m 90% confident that’s the case. But I didn’t actually send the order through. No guarantee. Your results could be different.
Just for clarification …
Here’s what @stayCalm posted January 20: “I am considering a position in BEARX. Would love to hear other pro/con views on the same”
I never would have mentioned the two inverse funds (DOG & TAIL) had it not been fo…
@Crash. Fidelity is a dream - but a bit of a nightmare getting “up to speed.” Phone support is pleasant. Being a full service brokerage house, their website is much more elaborate. Confusing navigating / buying / selling if you are only accustom…
I don't follow u comment.
Dilemma: a situation in which a difficult choice has to be made between two or more alternatives
I think you nailed the problem with inverse funds. That is knowing when to sell out and add to equities. You have thought…
Link worked well. Thanks. Wondered why I was getting “whiplash” for a couple hours after today’s open.
Looks like everything’s settled into a nice downward spiral now.
Leaning towards using SPD as a hedge because it protects against steeper drops and more importantly removes the human emotion out of the "When should I sell my hedge and buy back into the market"
Therein lies the dilemma.
LOL
I attempt to consider all views, even the extreme ones like Grantham’s. Likely there’s elements of truth in there that we can draw from. Don’t have to agree with all. If nothing else, he’s spot-on about recent investor psychology.
I side with what…
Well I was at the gym today but didn’t see nobody naked. Got the ol ticker up to 120 BPM on a treadmill and it didn’t break. Thanks for sharing Catch.
Henry David Thoreau - “Time is but the stream I go a fishing in.”
Well, I've got some limit orders going to pick up some more ASML if this continues. We shall see.
I put one in today for DKNG @$20 / Didn’t quite get there. Will try again tomorrow.
@stayCalm -
Good luck. Let me know if you find the perfect hedge. I learned long ago that betting on both sides of a sports event (hoping you can get out of one position early) tends to be a loosing proposition. Mainly because there’s associated ex…
I’m only interested in what her fund owns and how its holdings fits in with overall market valuations, action. sentiment. Cathie is little consequence to me. However, I have a degree of empathy for anyone down on their luck - even when the problem…
ARKK was actually positive (up a few cents) today in the face of dismal market action. Well, Cathie’s remaining investors have something to rejoice over! And, I’m trying to read whatever I can from that unexpected result.
@carew388 - A class act…
Some of my allocation / alternative funds hold TIPS. I’m fine with that as a diversification strategy. The managers understand what they’re doing. I wouldn’t.
Note the comment by Sonai Desai in my recent Barron’s Roundtable post (Quotable Quotes.)
It’s second up from the bottom.
I’ve avoided owning TIPS (except for a few short duration ones) because they are misunderstood by many and I can’t get a good…
I’ve searched and searched the possibilities in recent months. Most I track haven’t done that well - yet, at least. For example SWAN, DFND, DRSK, NUSI, NLSAX
Of course, you can go “straight up” with something like BEARX or DOG. But it’s a gamble …
@MikeM - TMSRX was up .50% yesterday. Somewhere in that concoction there must be some exposure to the precious metals. That would help explain its slump throughout much of 2021 as well as the bump up yesterday when gold and silver were hot. (Miners …
It's like the weather in Iceland; wait 20 minutes and it will get much worse.
Mark Twain, "If you don't like the weather in New England, wait just a few minutes."
But it applies to Chicago as well where we got up this morning with 7 degF.
Iceland?…
Even Louis Rukeyser enjoyed gambling in his day!
Mr. Rukeyser lived on 4 acres in Greenwich, Conn., with his wife, Alexandra Gill, a British journalist whom he met while working in London for The Sun … He enjoyed gambling, wine and fine dining, and…
I was locked out of @msf’s link on my ipad, but accessed it on smaller screen iphone.
“Leakages come from three sources: cash-outs when participants change jobs, hardship withdrawals, and the failure to repay loans. The government has attempted to …
@MikeM - They don’t loose the match (as I recall from family member 30 years back). But they loose the potential invested growth of that $$ - albeit the “borrower” does pay interest on the loan. I don’t know how the government can force the indivi…
@hank
>> How many employees have wasted their company match 401 K money by “borrowing” against it in their working years or taking highly speculative market risks with it?
so ... what's the answer? do go on.
I don’t know. Thus the reason I …
Step carefully. It’s like walking on pins and needles now. Precious metals appeared to “blast off” today with silver leading the way. Most (p/m) mining companies / ETFs up 7-8% today. But could fall back to earth again.
First, I’m never on the s…
T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
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Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-w…
We are inundated here in SE MI by TV ads for several online sports books. All of them appear to offer “risk free” wagers to the newcomer. The fine print at the end of the ad gives a phone number for those who have a problem with gambling.
Let’s not …
What are your thoughts on live odds ?
I figure it gives me a chance to lose more than once!
The odds change continuously on the DKNG app. That’s what makes it so entertaining. If a game is completely out of hand or near the end, the live odds / …
There’ll be a hellova bounce someday - if she has any investors left.
At this point Cathie’s biggest problem is the short sellers. Some big name investors / hedge funds have been shorting ARKK and there’s even an ETF (SARK) which targets her hold…
The selloff is from lofty levels. The “dippers” seem to be off-line again today. A few months ago I (teasingly) wagered one the Dow would dip to under 34,000 by end of 2021. I’d have lost that wager. But goes to show how high the markets remain.
…
He looks a bit like Trump. And espouses a lot of the same right wing agenda. But at least (unlike the other) he seems to enjoy a good drink and some social interaction. I have to admire that singular quality while despising his governance.
The Br…
I too notice that DODBX is up while the balanced index is down, +3.2% vs -2.3%. Will see next week if that is a typo reported.
It’s nuts. DODBX is heavy into banks which are benefitting from the spike in interest rates. Throw in an overweight in…
Some clarification re the “favorably mentioned” funds I listed in the OP.
All 8 funds were cited by Sonal Desai, CIO and portfolio manager Franklin Templeton Fixed Income. I should have noted that in the OP. Here’s the full text of her remarks re…
I think it’s just a strange period. A lot of things don’t make sense. My equity / balanced funds have been outperforming my multi-asset alternatives while the major stock indexes have been falling - a complete reversal of the norm. Alternatives ge…
