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.
Be glad “the other guy” isn’t still in DC. I can only imagine the Draconian words and actions that would so emminate. Typically, some of the words wouldn’t be fit for inclusion here.
Not a fan. But I liked her in this remake, with Kristofferson:
https://www.imdb.com/title/tt0075265/?ref_=nv_sr_srsg_3
Yes - A Star is Born with Streisand and Kristofferson is excellent.
The 2018 remake with Bradley Cooper and Lady Gaga is a gem.…
@Derf - It’s in both my Traditional IRA and Roth IRA. Roughly equal amounts. Currently comprises 47% of my 33% weighting to alternatives. That works out to 15.5% of total investments.
More than you wanted to know,. :). Thanks for asking.
For wha…
I’m also thankful to have the write-up on REMIX. Last year I committed a hefty sum to TMSRX, thinking I’d be satisfied if it out-performed cash. What I discovered was that I was less than thrilled with performance of 0.94% YTD ... .
“I feel your pai…
@hank : Did you catch any of the oil rise ? I didn't.....!
Hi @Derf - I’m pretty much a static allocation person. Typically 7-8% of portfolio has been allocated to “real assets”. What I had in terms of oil going in was PRAFX - Price’s Real Assets…
I’ve never seen such heightened speculation across the wide investment spectrum. There’s been spec before - but I fear the new crop of retail investors is unprepared for what may happen. Should we worry? Not a lot. But a good analogy might be drivi…
The Bank of America has now joined the “dead for the long term” party. They now project that the S&P 500 will return somewhere between zero and a bit below zero annually for they next ten years. That’s perfectly in line with Research Affiliates’…
I didn't interpret your comment that way.
Speaking from experience, sometimes doing nothing is the best option but it may be difficuilt not to tinker.
I believe Jack Bogle said: ""
Re; “Don‘t Do Something - Just Stand There!”
David has used the e…
Didn’t intend to sound morose. But, sometimes doing nothing Is the preferred option. I think that’s part of the enduring mythology about dead people outperforming active investors.
I've heard of the Fidelity "dead investor" study but it appears this study never actually occurred.
I can confirm that a dead man would have done somewhat better than me on my last couple trades. :)
Our state (MI) sets spirit prices for some weird reason. Retailers can charge more if want - but rarely do. Overall, Scotch hasn’t moved much over past several years. One of the better values is Dewars 12-Year at $30 - a noticeable cut above the…
Title looks like “click-bait”. But the article is well written and a very thoughtful look at investing attitudes. Which attitudes and habits are successful. Which ones aren’t. Those issues aren’t really limited to male / female IMHO.
Thanks for…
Thanks for the update. FWIW - I didn’t consider your OP to be a “waste” of time. There’s always things to be learned (speaking for myself). I’m amazed at how easily some of these (transfers) go through while others get snarled up.
From Saturday’s WSJ - Meta Who? :)
“A Canadian company’s stock surged recently. Investors apparently confused it for the rebranded Facebook. Shares of Meta Materials Inc., a material-science company with the ticker symbol MMAT, rose 8% over the p…
@BaluBalu - I’m reluctant to offer advice on a sensitive matter like this. But here goes …
First, in transferring some funds from my credit union to Fidelity for the first time (about a month back) a message on the screen asked for my credit union…
Better than Bitcoin ….. From this week’s Barron’s (11/1)
“Bitcoin investors are probably thrilled with the coin's 50% gains over the past few weeks. But that's nothing compared with the Squid Game token that popped up this past week. Pegged to an …
Just curious, do you any plans to travel in the near future? ;)
Leaving Wednesday for a week in NC / SC. Actually, the Fed will be releasing some kind of statement Wednesday as well.
Maybe go short? :)
It seems whenever I travel, the markets tank. In 2000 I was waiting for a connecting flight out of Atlanta to Tampa as the “Dot-Com” tech bubble deflated. I still remember guys seated around me staring blankly at the TV display and grimacing. One r…
@Mark. Thanks much for the excerpts! And I agree with your explanation.
1st paragraph is accurate in that during normal times an overheated equity market (and economy) are likely to invoke Fed tightening. Eventually (late in the tightening cycle…
Following up on BenWP -
I drove to West Virginia several years ago just for pleasure. Stayed about a week. What gorgeous mountain vistas!. Very nice / friendly people - but a lot of poverty. Like any scenic region, there’s also a few secluded area…
@Mark: Did you get any important “take-aways” from the most recent newsletter you might distill for us?
I got this far and than they wanted me to setup a free account: “A Steady Fed Suggests Further Gains In The Overall Stock Market”
That’s be…
Rono’s take much appreciated. I won’t defend or criticize the practice in itself. Most of us pick our own poisons.
Gambling is highly addictive. Some will “double-down” until destitute. Those who can least afford it will suffer the most. It’s the…
for this labor you get the prize, which is 1M grains of good basmati
Yes. I agree. It’s a provocatively useful question. Causes you to think a lot about potential outcomes. Appreciate the work @dstone42 put in here.
“We have a vision to be the premier active investment manager in the world”
I figured that once I moved all my money out of there they’d get serious about the operation.
How about paying your people more money.
Ditto.
I get pissed sometimes standing in 20-30 minute checkout lines and occasionally make that same remark to others nearby.. Customery response: “Oh.That would cause prices to be higher!”
Duh? Wou…
Here’s another “Far Out” fund.
UFO has soared 43% over the past year. As the handle suggests it invests in space related technology.
From Lipper:
(UFO) seeks investment results that correspond generally to the performance of the S-Network Spa…
msf Not sure what fund hank was talking about, but if it's a Fidelity fund, I'm sure there are other similar Fidelity funds to replace it. FDGRX is the only irreplaceable fund, as Steven Wymer runs only that fund .
Here’s my earlier query to which …
Only about 3% resides in individual issues. (1) DFKG - more of a toy than serious investing. (2) WPM and (3) NGLOY - a couple miners comprising some of my real assets category. All positive over the brief time owned. Bought RIO near the bottom a…
What if:
A. Joe begins the 25 year period by putting 50% into an S&P 500 index fund and 50% into GNMA funds
B. After 3 years the S&P index fund has fallen 40% in value. The GNMA funds have retained their initial value.
C. Joe than p…
@Crash - Thanks for the aviation tidbits. You meet all kinds for sure. Once, riding in first class years ago, a couple older gals seated behind me were downing the free alcoholic beverages as fast as they could. Sloshed by the time we landed. Obno…
