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.
They try to bait you into subscribing to their “premium” service with free short tantalizing excerpts from their longer subscription only reviews. I don’t care much for metrics, comparisons, ratings, etc. And there’s loads for free out there anyway.…
After selling all or part of a mutual fund @ Fido, is there any restriction prohibiting purchasing that same fund again a day later?
I can think of 2 scenarios:
1) You’ve just sold a Fido fund (after holding it 31 days) …than buy it or add to it…
DraftKings Walks From Potential $22.4 Billion Offer for Entain
DFKG is up nearly 8% in pre-market trading this morning. The buyout bid has really hammered their stock the past 1-2 months. Still, with football season in high gear, I was surprised…
I keep getting money building up in my bank account.
That’s quite common. The experts say we’re still flush with cash. A lot of spending was curtailed during the worst of Covid. Folks travelled little. And with less travel - plus working from h…
It’s a real quandary today. No advice. Cash allows you breathing room to see what develops.
For my really “safe” money I’ve moved to GNMA funds. Expect to lose a bit, but it’s a comfort having a degree of federal backing for GNMA paper. A good ma…
Appreciate everybody’s views. I added some DOG & TAIL today. Very small amounts (under 2% holdings). But may serve as a “speed brake” if things start getting crazy. Frankly, bonds aren’t likely to perform that function today. Obviously, not…
Here’s a good read on the subject.
As stocks soar to historical highs, some experts say conditions ripe for correction
Odd photo of Chairman Powell. Is he floating bubbles?
Just happened on this duet while streaming audio. I think she sounds much better than she looks (performance wise). What a strong voice at that age. I enjoy most of Streisand’s films and own a couple DVDs of New Year’s Eve concerts she put on …
Age is one substantial factor in my sense of risk tolerance. Current expenses are another. I'm not getting younger, and my expenses are actually rising. Safety, rather than growth is my primary concern by now. Yes, bonds are paying next to nothing, …
I believe the quote is 40 times that of 2000 ?
I checked. The quote is accurate. Of course it would be 40X as well - provided his numbers are accurate.
Here it is again: “ … has seen daily trading volumes rise to about 40 million contracts a day,…
Some potentially worrisome thoughts …
- Could Zukerberg someday control the universe through this augmented reality?
- Would an augmented reality “Big Mac” taste as good as the real thing? (If it could be made 0 calorie I might buy one.)
Al…
@hank- as I was saying... [The] "core" doesn't include food, housing, or transportation because they are "volatile", but then, who really needs those anyway?
If we leave out the expensive stuff then everything looks just fine...
But “chips” have fa…
I thought reading the article that Forsyth was saying (in roundabout fashion) that if housing was still included in the CPI today (as it was until 1983), than today’s inflation would be approaching the level of the 80s.
The Economist: “House pric…
Here’s a colorful (albeit slanted) blurb from this week’s Barron’s under the title “The Striking Price: A Smart Trade for Heady Times” - by Steven Sears
“Now, almost 100 years later, the market construct has seemingly changed. The shoeshine boy's …
In the same issue: "These Pros Aren’t Worried About Inflation”
From linked article:
“On the equity side, now I’m actually risking up,” said Elizabeth Burton, chief investment officer of Hawaii’s Employees’ Retirement System. “I don’t know how y…
“What if the discount rate is higher or we lower the assumed yield to reflect the uncertainty surrounding buybacks? Today’s market would appear overvalued. On the other hand, perhaps the pandemic has temporarily depressed dividends and buybacks—and …
Labor shortages. Up here you need a reservation 3 or more weeks in advance for just about any automotive work. A guy at a small body shop showed me at least 15 banged up cars in his lot that were waiting for repair / several weeks’ work. And parts…
@carew388
No worry. I sometimes get messages from his wife. What the hell ….
Fractional yes. Be careful. Not all stocks allow fractional. When I bought some NGLOY a while back that was the case. I had just enough in the core to buy X number of fu…
Obviously a typo.
If this board were typical of the broader population, a defined contribution pension would be adequate. Lots of well informed and smart cookies here. However, John Q. Public, on a wider scale, is quite lax at planning. Most can…
Sold a little on the pip today. Across the board. Hurts a bit to sell some favorites. Unlike many here, I maintain no separate cash reserve - although a very small amount resides within the invested total. So, couldn’t resist parking a bit for my …
Cathie Wood is fleeing. It it’s too hot for her I wouldn’t touch it.
https://www.afr.com/markets/equity-markets/how-jack-ma-treatment-prompted-cathie-wood-to-quit-china-20211020-p591ia
Excellent summation from BenWP
Those of us over 70 have likely witnessed the diminution of not just union power and influence, but also the rights and benefits of those non-union workers who labor in many industries. Along with what Ben already …
Yeah - I’ve been pondering this for a while. Per the great Bob Dylan … “The times - They are a-changin”
You’ve highlighted a lot of that. At least the spaced-out truckers will be largely replaced by automation within a decade. Sad but true. Will st…
but, so... that chart makes it clear: how in the world can the beta on ENIC be 0.65? That's absurd.
Point taken.
Terrible confession here - I don’t look at beta and couldn’t have told you what it was without reading this link. What is beta?.
Be…
Hi @Derf -
Michigan legalized online gaming early in 2021. I’ve mixed feelings. The thought of some father squandering away the rent money spinning a roulette wheel or playing black-jack online is not a little troubling.. This (legalization) is p…
- “Assuming your question is in good faith and not a rabbit hole invitation...”
Why would I waste my time misleading people? My question was intended for MFO board members in total who share an immense amount of combined investment wisdom and exper…
- By the way, the landing is largely computer-controlled except in severe weather condition. Think the flight path is preset unless they experience unfavorable wind pattern.
My awakening was in about 1975 when I watched a family member’s flight on…
“If you SOLD the most recent Dip/Diplet, I kindly suggest you address the question, "What do I do now that the market has just about fully recovered?"
Personally, I didn’t sell any equities or other risk assets this year out of valuation concern. …
@orage - Thanks for insights on I Bonds. Whatever floats your boat. Gives me a chance to say the metals have popped - pretty much across the board. Gold’s been rising now for a couple weeks, making up for at least a month’s recent decline. Around …
I’ve looked at their site. Your list is accurate as far as it goes. But it appears Price lists fixed income holdings along with stocks in its publishec “portfolio” - with the following important exception:
“Numbers may not add up to 100% exactly d…
Just checked TRP’s funds page
“30 Day Yield - Annualized Dividend” for TRBUX is given as 0.69% (not that I pretend to understand all the jargon). Interestingly, there’s a fee wavier which appears to drop the ER down to 0.29%. The ER on TBUX (the…
