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.
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 …
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…
