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.
Not sure what a CRAP machine is.
But Tysons has a serious recall on chicken. Sold under half dozen different brand names.
http://www.fsis.usda.gov/recalls-alerts/tyson-foods-inc.-recalls-ready-eat-chicken-products-due-possible-listeria
@Rickrmf - I don’t know anything about ARBIX (but that’s never stopped me from voicing an opinion).
M* doesn’t appear to have a rating for it
It scores very well on Lipper. Be aware their “rating” is actually a reflection of recent performance.
…
Lots of ways to slice and dice this one. I did some revamping recently. (Same funds / different way of viewing) - Risk Assets (equity-centric & commodity related) are targeted at 35% of portfolio. Alternatives & Fixed Income are each targe…
Re - The Amazon Customers Don’t See
It’s the July 4th holiday and a USPS driver just delivered a $10 package to my doorstep. I already knew that Amazon contracts with the USPS for deliveries on Sundays. But making non-critical federal employees…
If you own (popular) PRWCX, the two largest equity holdings are Microsoft and Amazon. Those two, along with Alphabet (#5), comprise 9.1% of the fund’s holdings according to Lipper. Just for comparison, I looked at value oriented DODGX. Only one o…
The article takes a contrarian approach. Their underlying premise is that they see a dangerously narrow concentration of only a few tech giants in the S&P. So, the idea behind the piece is to find funds that have little or no exposure to the fi…
“Where is the evidence that the market could "slap (you) in the face" soon? There is none. With respect, the very person who recently told us to ignore speculative comments like this has just made one himself! The facts all point to continued growt…
Here’s another one …
http://www.funds.reuters.wallst.com/US/etfs/overview.asp?symbol=DUST.K
DUST is down nearly 50% since inception (2010) and has lost more than 70% of its value over the last 3 years. This one bets against gold, employing 2X l…
Thanks @bee
You reminded me to link this week’s Wall Street Week from Bloomberg. I’ve really grown to appreciate this one-hour show. When it first aired a couple years ago I didn’t think it was very good. Don’t know if it’s really better now or if …
Thanks @davfor for the added information.
(@Mark’s just being modest.)
AFAIK I’m the only regular who occasionally mentions the tracking fund (PRSIX) I use to gage my performance. So people can read whatever they want into that …
This list was a real help to me recently. Just enter fund’s symbol into favorite screener(s) and read your heart out.
http://swingtradebot.com/equities/all-etfs
Personally, I find ETFs most useful for the fixed income products I might want to own…
John said: “Increase buy enery maybe good idea
Added more Vde yesterday”
Yes - Buying after something’s price has rocked up 150%+ is always a good idea. Why buy a home for $200,000 when you can wait a year and get it for $500,000? Why pay $50 for…
For the life of me. I don’t understand the appeal of donuts in this day & age. What’s the nutritional value of a donut? What’s the calorie count? I think I can honestly say I haven’t eaten one in at least 25 years. There’s a legion of serio…
“ … with investors defying pessimistic projections .. and pushing past concerns of rising inflation and potential rate hikes. The Dow Jones industrial average advanced more than 210.22 points …The S&P 500 … chalked up its 34th record finish of t…
LB says it well. Don’t underestimate the importance of salesmanship - be it a used car or a financial asset.
John’s video is worth watching (at only 10 minutes) IMHO. I always enjoy Dalio.
Dalio’s not dumb. Nor is Marks, Fink, Soros or Gross. Al…
I stumbled across an interesting ETF in my efforts to get up to speed on ETF investing, which is new to me. (Better late than never.)
Check out AOK (iShares Core Conservative Allocation ETF)
A very conservative approach, being 30% equities. Not …
There’s 2 ways prices of these securities (fund, etf, stock) can fall back to a more reasonable valuation.
1) Prices of the underlying assets can fall over time. (Already evident with lumber.)
2) Nominal prices can remain high as inflation rises…
To clarify. The statement read only “commission.” I added the “deferred sales” (words) to help clarify, but ultimately sewed confusion.
Sounds like the two $100 charges were maybe something imposed by the funds themselves? Or possibly related to …
+1 Agree.
Sorry about the pict. I thought it was NY. Anyhow can’t find Michigan’s.
No. Not worried. Just concerned about if this is designed to deter suppress voting (by confusing some who get it and than misplace it).
Voting is good. Hope ev…
The MI SOS office website says as long as you are in the correct polling location, your name will appear on the registration list. The Voter Identification card is for your reference, and not required to vote. michigan.gov/sos since I still don't …
I’ll check those “default” settings msf mentions above. Learned to monitor the “reinvest dividends” setting after a small dividend was transferred into my cash account instead of being reinvested as desired. (It’s amazing that could even happen …
@msf +1
Note: I’m trying to turn over too many stones all at once. Most are “worst case scenarios” not likely to ever be experienced. Really appreciate everything you and other board members have done over the past month to bring me to semi-liter…
@msf -Thanks. I’ll continue to learn. Experience is a great teacher - but it can be expensive.
Umm … Just to clarify … Fido doesn’t appear to call those “short term trading fees” when you sell a NTF fund early. In my case, they called them “deferr…
Sounds like a good question for @AndyJ
My comment (which Andy cited) was based on background info from my general reading (WSJ, Barron’s mostly) and from investing in and watching some funds in the commodities / NR sectors. Also, it’s pretty gener…
Many buildings close to the ocean are very susceptible to the rising sea level and weak underlying ground material. In Florida porous limestone and ancient corals are commonly found where these tall structures are built on. Underground parking str…
“Now if Vanguard and Fidelity would expand access for their funds, I wouldn't need 4 or 5 brokerage accounts!”
Interesting comment. I’m spread out across 1 brokerage now + 3 fund companies. In retrospect it was a mistake to let most of that pile u…
I don't think TRP cares where you buy their funds. They saw their AUM stalling out and allowed Vanguard, Schwab and Fidelity to sell their funds etf. Apparently E-Trade and TD Ameritrade weren't generating enough sales, so they opened fund access to…
Not to beat a dead horse to death here ….
But, does anyone know (or have an opinion) on whether a company like TRP really cares whether or not you own funds directly from them? It’s occurred to me that those AUM figures take into account assets in…
Thanks @rono. Appears to be something a local clerk prepared and mailed out. For what purpose I don’t know. Since there’s no photo on it, doubt it would suffice as proof of identity. It does, however, have an image of the state seal in the upper le…
WOW - great stuff @Old_Joe. Thanks for all the research and your fluid response.
My “contrary streak” says it’s probably just one shot, but that some photo-shopping or camera trickery was involved for more spectacular effect. Some of that confiden…
“Is anyone out there looking around and deciding to bail or to substantially reduce their risk exposure?”
In short - Not here.
I agree things look bubbllish. But how you react depends on your initial positioning, as well as how diversified you are…
- To the OP, that sounds like a horror story.
- I am planning to in-kind transfer a TRP mutual fund (custodial IRA) to Fidelity. If I transfer all the assets in the account, will I be charged an account closing fee? TIA.
It feels like “to Hell an…
Thanks folks.
Today (Saturday) is the first time in 10 days I’ve logged in to my Fido account when the news wasn’t worse. Actually improved overnight. Possibly, the discussions with 3 different reps yesterday helped. Notably, the earlier mentioned…
This should settle it. Here’s PHOTO taken at Vancouver International by Bayne Stanley who also took the shot in the OP and published in the WSJ.
Fella seems to hang out at that airport.
@Old_Joe, I did indeed read your comment. Appreciated the background you provided which somehow I’d forgotten. And, I appreciated your support for my delicately proffered objection. I agree with you the Professor has more important things to tend…
