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.
I guess I felt obligated to caution the uninitiated about the volatility of this sector. There’s lots of different ways to play the inflation card - if you think that’s where we’re going. Bullion is tamer than the miners, and there’s lots of alloca…
Nicely stated @LewisBraham (and depressing as hell)
Lots of reasons people won’t get vaccinated. I’m thinking those of child bearing age at least have a bit more to think about than those of us in our 70s. However, none of the evidence I’ve seen…
Thanks @davfor for placing this in Off-Topic.
Ranks up there somewhere along with drinking bleach to counter Covid. Hey - If it sells in Peoria … (meaning among the staunch DT supporters) than why bother checking the truthfulness or accuracy of s…
@dtconroe,
Here’s what PRWCX manager David Geroux said recently about IG bonds as an investment:
“What I would tell you about rates today is that the risk/reward on Treasuries or IG [investment grade] is so poor, it gets a situation where if rat…
China seems to think so.
As far as the list of “Assets for Protection Against Inflation”, proceed at your own risk. One might consider that there are shaper minds in the world than Ms, Peters who have already identified the potential and bid these…
“PRWCX was a very conservative balanced fund years ago … Giroux has produced stellar total return, but it does not fit very well into a "bond" thread…”
I was merely responding to this sentence from FD-100 (same thread): “PRWCX performance since 200…
LOL - Always controversial. I find it really cumbersome to track more than 15 (plus 2 or 3 cash accounts). So strive to be in the 15-16 fund ballpark.
Sure, you can compile a single list of 50 funds if you want - and track. Not hard to do. But w…
10 year treasury bond slid to 1.54% this morning (June 8), down from around 1.57% yesterday morning.
While financial stocks (like banks) have soared this year on the expectation longer term interest rates would rise substantially, the circuitous…
“I believe you could have sold 99% of your shares. Though as you said, you couldn't ask TRP to raise cash equal to 99% of yesterday's close, because there was no assurance you had enough shares for that.”
I didn’t try very hard. Perhaps. It was pa…
Thanks @MikeM - All you said makes sense. Actually was looking at BSV yesterday. Sounds like you’ve got a well thought out plan. I re-jiggered my model a bit with the move to Fido. Was in need of some simplification. However, it still mandates aro…
Just noticed SPTS is available at Fido (I think). Tracks the 1-3 year treasury TIPS index. I’ve been using TLDTX for cash at TRP - essentially the same index. What’s funny is that Fido’s site shows SPTS with a positive yield (0.28%). I was under …
”You can use an ETF as a savings account. But you're going to have to manually move money into the "checking" account (core fund) if you want to use it.”
*** Have to? Are we simply talking sound financial practice here? Or, does Fido preven…
@hank: GLFOX, a global infrastructure favorite, has several of its 27 holdings domiciled in Europe, with Spain and Italy well represented among the utilities.
@BenWP - Yes. Thanks! Taking a serious look at that one.
You were close @hank, -37.4 % !
Derf
Thanks @Derf. Unfortunately, I’d edited down the post for brevity before seeing your remark. But yes - I had speculated earlier that PRWCX had probably fallen mor…
”The longest collapse in history was 1929 and lasted 2.8 years. The 2007 recession lasted 1.3 years.”
Dow Jones Average 1925-1955
2006-2012 S&P
Trying hard not to interpret these charts. Others may draw their own conclusions. But (since …
(Just took a glance at article.) Probably not incorrect. However, buying anything (stocks, bonds, commodities) involves making judgments about current valuation. Like equities, the various sectors within the commodity markets are prone to “bull” and…
Thanks for the thoughts @dtconroe
You are correct that I currently tend to view bonds as ballast. Years ago I sold all my PRHYX after Price did a soft close (their 2nd in recent years). I assumed that (1) They knew something I didn’t about valuati…
Lately I’ve been plagued by Alexa interrupting my music to push products (targeted advertising). This article has a link that will supposedly stop target based ads.
I’ve already done this in the Alexa settings, but it didn’t help. Let’s see if the …
Good question. I’m not seeing anything near term. I prefer to call those “spec plays” anyway. As to “tactical” plays, I scale in or out slowly over months or years. So it’s a matter of portfolio weight or emphasis. I’ve lightened up a bit on the…
Or if you're close enough, just drive it there yourself!
Yuppers. Almost enough to make me wish I were still downstate working, where I spent nearly 30 years. Their Farmington office would have been practically in my backyard. Now, Grand Rapids is …
Bought for 460k 12/2019 now asking 625k and they'll get that or probably more....crazy times.
I looked at one (advertised) in northern MI that 5-6 years ago would have carried a asking price under $200,000. Today they’re asking $375,000. That’s an…
I finally “caved” and resubmitted both documents overnight FedX for $44.00. While I think they received the second mailing, it appears Fido won’t move on that one until the earlier one arrives, as both transfers were initiated online. As of today…
Take a look at advertised prices of homes in your area and the accompanying photos in your local paper if you have one. And than gasp.
Wondering how this will impact our homes’ assessments and, hence, property taxes and insurance costs?
It is starting to sound like dotcom era I wonder when the music will stop?
I was going to say it sounds like the game musical chairs, where one hapless individual has no chair on which to park his arse when the music stops. However, in this instan…
Thanks for the background on the charging bull. I sort of realized it was a classic sculpture, but hadn’t really paid much attention. Deserves the accolades for sure.
My favorite in NYC is the monument to author Lewis Carroll in Central Park. Worth…
@Observant1
If you value art, the photo is extremely well composed. All the elements of photography (like placement, balance, color, scale, contrast, lighting) combine for a striking image.
” I use a cropped 'Charging Bull' image as my pictu…
Thanks @Derf -
Found this:
Users who wish to turn off Amazon Sidewalk can follow these steps:
Open your Alexa app on your iPhone or Android device
Tap the More menu
Tap Settings
Tap Amazon Sidewalk
Toggle the slider to "off"
My view - Amazon’s …
The writer describes mfo as offering up “commentary on all things mutual funds”.
Appears to be playing off the common idiom “all things considered”. In so doing, he asserts that mfo is an exceptional source of information on mutual funds; one t…
“I don't worry about market crashes, I sell, so, bring it on, the faster and deeper is better because the recovery will be much better too”;-)
Sir, I admire your perseverance.
@Crash,
Everybody’s different. However, personally I pay little attention to “return” on bonds. They’re kept primarily for life support in the event the unthinkable occurs. Very similar to the life-rafts stowed on a sailing vessel or the oxyg…
We’ve seen this show before haven’t we? Pretty much everything can and will go wrong except for a small few. Nothing like a stock market loss to get your mind right and the lawsuits flying. Can’t wait.
“Congress will investigate … “
Hi Catch,
Certainly won’t use “priority mail” again. Checked UPS. It does have a ground delivery service that would work which takes 3 days or less. Priced in the in the $15-$20 range. I’ll give it a try next time.
What’s weird here is that bot…
Here’s an interesting one ….
Last week I needed to mail two signed transactions to Fidelity in neighboring Ohio. I mailed them 3 days apart (Tuesday & Friday) because it was important to me that one was acted on before the other. Same post off…
Bloomberg TV caught my attention this evening with a “breaking story” that Goldman Sachs had just advised investors to “short the U.S. 30 year Treasury Bond” because rates were about to soar.
Hmm … When I Googled that, I discovered that Goldman’s …
