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.
This nicely sums up my current thinking about the stock market:
“It will be extremely difficult for central banks to manage a situation where inflation is rising, but growth is also in danger,” Fidelity International market strategist Carsten Roemhe…
From Twain’s Huckleberry Finn - “To be, or not to be; that is the bare bodkin
That makes calamity of so long life.”
Dunno. Somebody smarter than me will need to answer your question. Nice going - up 25% on your value investment. ISTM valuations…
The cartoon is funny. But the frustration experienced by @msf is genuine. I feel his pain. How much worse does it get than having them mail out 3 checks withdrawn on your account to another fiduciary only to have all 3 “bounce” when said fiduciary a…
Not wanting to “step on” all the excellent info from those above who know a lot more than I do …
But the comment by @Observant1,“Multi-alternative funds tend to be pricey, complex, and opaque”, rings true here. IMHO if you’re going to use these t…
I don’t know if the Apple Air-Tag has been mentioned lately. Cool device, but unfortunately some have planted it on people or vehicles they want to track. Pretty sophisticated tech that relies on the entire network of Apple devices running the soft…
Biden will be speaking at 2 PM on the Ukraine matter. Slight trend downward in the markets after that announcement. Yep - Oil on fire (no pun intended).
To be honest, it’s the issues of valuation, sectors, economies and interest rates I try to get…
Gives new meaning to the term “Sore Looser”. I steer clear of home teams for making small wagers & viewing. Don’t want to be in a position of betting against the home favorite. So haven’t followed these guys. MSU has a terrific coach in Izzo who…
@Catch22 - Since you’re into music, you may recall that JP used to play Paul Simon’s “Slip Slidin’ Away” during drive time on particularly nasty market mornings.
Markets appear to have recovered from the depths of late evening. Suspect there’s stil…
Think he tipped off his origarchical friends to get out early?
Some commodities like Brent crude oil ($97) are up. But some industrials like copper appear heading south.
Thanks @Mark. Was driving when the NPR blip came on. Sounded like many nukes were still stored in the Ukraine. Your linked story and my searching say that isn’t the case. I was aware that they were supposed to be decommissioned after the Budapest …
@Catch22 - Not getting video to run. The U.S. does have NATO troops in some of the European countries that are part of NATO. And NATO is legitimately worried about Russian aggression. So that aspect did come up. up. But the guy (representing Belgiu…
Thanks for the analysis @davidrmoran.
There are many different published critical thinking models. Highly educated as you and this board are it was perhaps an insult to you and others to reference those models, as everyone here has been exposed to…
@hank, sorry about the confusing title.
She questioned the possibility of recession. Given the last quarter's GDP of over 4%, it has to get much worse to go negative. She mentioned high inflation but did not elaborate consequences.
As for us, ch…
@hank - do you know what happened to DraftKings. That was quite an owiee they took Friday.
DKNG? I’d averaged in (3rd time) at around $21 early in the month. Became concerned as it began to swing up and down by 5-10% daily. Sold out at $22.33 Mo…
+2 / That’s hilarious. Thanks @bee :)
I’m almost inclined to think that was done intentionally somewhere along the editing / publishing road - for what purpose one might only speculate. My spell-checker seems to want nothing to do with “rentensio…
@Catch22 - I felt posting the diagram might have appeared condescending. So as you noted pulled it. Folks here are all well educated and have been exposed to critical thinking models. :)
It’s the synthesis I think sometimes gets overlooked. It’s …
Here’s the headline from @Sven’s post -
“Investors shouldn't 'bottom fish' based on stock declines'”
Not bottom fishing. Very slow gradual move in recent weeks from less aggressive to slightly more aggressive holdings. Baby steps.
What are oth…
@MikeM said “If I found that over the years I was substantially behind a benchmark I would just buy the benchmark.”
Ditto … When folks like Mike (and many others) who’s been posting here and at Fund Alarm for perhaps 15 years explain what they do a…
From above post :
"A number of posters have referenced possibly investing 100% in their chosen benchmark fund. Not a bad idea. "
@Derf - Since you’ve quoted from my post I should say here (1) “Not bad” doesn’t necessarily mean “good” and (2) I enum…
Following discussion with much interest. It occurs to me that while Grantham may or may not be 100% “correct”, his views can be included as part of one’s ongoing thought process and help us arrive at intelligent decisions. Had a wonderful college …
Watching FTN on CBS Sunday morning. Sad that the host / moderator doesn’t understand what NATO is and doesn’t realize that the Ukraine isn’t part of it. That made her questions to the governmental figure representing Belgium ridiculous. Maybe she’s …
Benchmarks should be simple & stable/static. TDFs are too complicated as general benchmarks. Then, there are wide variations among the same-dated TDFs.
This is why I like previously mentioned Fido Asset Manager & Vanguard LifeStrategy serie…
In a nutshell, it sounds like choosing some of these funds as your benchmark is equivalent to trying to track a moving target.
To the extent those changes reflect a changing investment playing field (ie diminishing fixed income returns) than it’s p…
A number of posters have referenced possibly investing 100% in their chosen benchmark fund. Not a bad idea. That’s what prompted me to switch from TRRIX to PRSIX in early 2021 and than stake out a modest portfolio position in PRSIX. It’s a very goo…
When a fund house (VG) can tumble from #3 to #43 in a year there’s something wrong with the gage being used.
However, the article is interesting in analyzing specific investment approaches used by various practitioners. Definitely worth a read.
“I don't use a bench mark & find my account continues to grow.”
@Derf - Think of benchmarking as “extra credit” school work. Something some of us “nerds” do hoping to get an “edge” on the rest of the class.
However, I agree with you the botto…
Just to chime in, I’d earlier incorrectly denied “bashing” CW and asked @wxman123 to point it out if it had occurred. So, he was kindly responding to me and my earlier false denial. On the larger issue @Baseball_Fan raises.
Let freedom ring. But …
Thanks @MikeM. Great question. You & I go way back on this one.
WOW - Lots of changes for me the past few years.
- My original benchmark (for 15-20 years) was TRRIX (40/60) - although I deviated away to “buy down” on equities during the ‘07-…
Thanks @msf -
FWIW I’ve now moved all except D&C to Fido. The small / modest sum at D&C is fine where it is - spread across DODIX, DODBX, DODLX. I like their funds a lot - but that’s another topic.
Should we get a really nasty “downdraft”…
@wxman123 - Kindly point out where you see “bashing” here.
"My Lord - she comes across as a carnival barker with an evangelical bent (although she avoided mention of God). I can imagine many vulnerable individuals having been lulled into buying AR…
“Fidelity's charge of $5 to buy, $0 to sell seems pretty cheap.”
However, I just ran a test at Fido by hypothetically buying 2 different D&C funds (DODIX, DODFX) with 2 different imputed amounts ($2500 & &5,000). In all 4 cases the cos…
Hi @Mark - I’m a dedicated Bloomberg viewer. Bloomberg is more focused on the broad macro-view as it affects investors (interest rates, Fed policies, commodity prices, sectors, company leadership , etc.). To even interview a fund manager during…
CW bashing is unjustified (at this point
@wxman123 - Kindly point out where you see “bashing” here.
CNBC advertised this as a 90 minute interview. Absent commercials and moderator’s questions CW was given at least 60 minutes of largely uninterru…
