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.
@Old_Joe - The large + - numbers have me a bit befuddled as well. In some manner they reflect what you’d currently pay for a wager on one or the other candidate and what you’d get back should he win. The lower his chace of winning, the more your pay…
RPSIX +0.85% YTD // 10 year average + 4.28%
We could delve into numerous issues confronting this once fine fund, notably its exposure to a value-leaning equity fund, as noted by msf.
I’m inclined to think it has more to do with the extremely low …
Why does this sound like teenager saying they don't believe in Santa Claus?
He’s obviously made money for his investors. Comes across to me as a bit “smug” however. He’s currently 46. Likely BD - 1974.
For some perspective .....
- I was alr…
Whatever this is, I’ll take it. Second hot day in a row. What’s interesting is that the oil and metal sectors are coming along for the ride, both having fallen off a cliff last week.
Enjoy ..... The Dead Cat Bounce :)
Seems to me most of those phrases are male oriented - an indication the market was dominated by males until recently. Story about Muriel Siebert
Had women promulgated the market’s vocabulary a discussion of investing might sound something like thi…
@Old_Joe
Thank you for that clarification. Actually, I was responding to something I thought I’d seen elsewhere in the thread. Folks shouldn’t get bogged down in definitions. Debaters in academia customarily begin with a definition of terms precis…
A home isn’t part of your net worth?
I was taught years ago that it is. Of course, one must exclude any mortgage amount owed against the home. Mass Mutual seems to agree. “Net worth“ is an interesting concept. I found it quite meaningful when it wa…
Check out The Man Who Would be King. My wife and I like to watch Marni, just to hear Connery pronounce Marni.
I actually own Marni on DVD - result of a Hitchcock binge a few years back. If I decide to do Hitchcock again, it’s at the top of the list.…
The single biggest variable longer term IMHO on bond funds is fees. Especially today, investment grade bond funds aren’t going to produce large returns (consistently anyway) without taking a large amount of risk. So, fee differences mean more with …
Hi Catch -
When I need a quick “reality check” I sometimes pull up the DJI or similar chart. Of course, experienced market watchers know that the Dow is hardly representative of the broader market. In yesterday’s case, the quick glance was enoug…
coterminous
Guessing here - being either too stubborn (or proud) to look this unidentified word it up ...
“terminus” would appear to be a root word meaning “ending” (in this case “border.” Therefore co-terminus” should mean: sharing the same bo…
No radical change here but I am keeping a higher cash position so I sleep better.
@Sven, I think lightening up is a prudent decision. I gave it some thought ..... Already did more trading than usual this year. Spec positions initiated in March are…
“We're the only state (other than Hawaii) that consists of separate land masses separated by water.“
I knew I was gonna get hung out to dry with that comment. And thanks for the geography lesson msf.
NYC’s geography remains largely a puzzle to me…
@msf - no pun taken :)
Thanks so much. Honestly, I’m a sloppy self-preparer (of taxes) and just trying to reduce chances of running amuck the IRS. IRAs are easy. Just report distributions. But as my non-deferred holdings grow, taxes seem more com…
I just checked and mine was received (and dated). Gotta love our Michigan Secretary of State, Jocelyn Benson - a very sharp and proficient gal. She’s really got her s*** together on the voting stuff.
Bio on Jocelyn Benson
Excerpt - “Benson gra…
A lot to chew on in the above link from davidrmoran. Current Fed policies and a lot more.
I especially like #6 - “Stay Flexible”.
BTW - David Giroux referred to bonds at today’s rates in the unkindest of terms in the PRWCX fund report somebody p…
Thanks @DrVenture. I must have missed that one. Didn’t realize they had both an intermediate and short-intermediate muni.
However ... On second look, the shorter-term one isn’t high-yield. In this case, I’d like to reach a bit for yield. And ra…
First, I’m not trying to tout any fund. Most of my “wealth” rests with TRP for better or worse. And, heaven knows their fixed income funds don’t always shine. With munis, I didn’t see any great options to tell the truth. I do think PRIHX has pote…
I have at least the consolation of having sent a contribution to Jaime Harrison - about tied in an effort to unseat Lindsey Graham in SC. Biggest fraud and hypocrite of all time. How some can sleep makes me wonder.
I think "Best" is only relevant to each individual investors portfolio criteria for what purpose/role an individual investor is attempting to fill in their portfolio. Portfolio criteria can vary widely, based on age, risk metrics, total return met…
“Perhaps someone who read the MFO profile?”
ISTM that most here husband impressively large collections of multifarious funds held in only modest quantity. So I’m more inclined to think just $2 or $3 million each from perhaps a dozen resident fun…
There is no “right” answer on that one - unless you’re confident you can predict the future.
It’s true some parts of your (or my) diversified portfolio aren’t earning anywhere near 3% today, I choose to look only at the portfolio as a whole. Tha…
@Baseball_Fan, I haven’t followed many of @FD1000‘s posts as members’ reputed past performance doesn’t interest me. However, I do enjoy learning about new innovative funds, the trends among various markets, changes at the fund houses where I inves…
“When you hear the phrase "barbell strategy" among investment professionals it has a wide spectrum of meaning ...”
That’s been my experience as well. I recall a recent Barron’s “Mid-Year Roundup” (or whatever they call it) in which a couple money m…
To be clear - I’m not recommending this approach or any other one. Tossed the topic out for folks to kick around - which they seem to be doing a pretty good job of.
Virtually every fund prospectuses (including those pertaining to bond funds) cont…
FWIW - I’m betting on a bounce in high quality (intermediate duration) bonds when equities crash. Probably short-lived. Enough time to pick up the pieces and move on. So I see my bond exposure as adding additional ballast at the opposing end of ba…
Thanks @FD1000 for commenting.
The author’s personnel allocation (80% cash / 20% high risk) seems a little nuts to me too. I understand the logic - even though I wouldn’t invest that way. I believe his allocation serves to drive home the concep…
Great discussion. Correct me if wrong, but I think that large houses like TRP and DC with considerable expertise / resources in analyzing bond fundamentals (ie credit-worthiness)) should be able to identify pockets of value in mid and lower rated b…
“Stimulus Roulette” is how one pundit labeled the market action today. ... :)
In an indirect way, Covid is implicated in today’s hit, since the stimulus bill being debated in Washington is supposed to provide Covid relief to the economically affl…
“plus a year of Disney+ for free”
Paid $70 for a year of Disney plus. About 8-10 good shows. Than ran out of stuff to watch. :)
Several animations are quite good if into that type stuff. Hamilton’s very good. But not as enjoyable as seeing it live,…
Thanks guys for the references to Michigan. I’m a bit appalled by the chants of “Lock her up” referencing our Governor at last night’s Trump rally. But what can you say at this point? What I expect is even more of these hyper-crazed “rallies” arou…
- I really wasn't joking about my virtually complete ignorance of the definition or meaning of all of the grammatical terminology that you are referencing.
- I could no more define for you what any of the following might mean.
- When I write so…
I just googled it and saw this example(link)
The arrival of the Internet and email ?make/?makes communication with family so much easier. The answer is makes (singular) because the subject is arrival
My OP :Why rising rates isn't that bad for bo…
@caeew388 - OK :)
Quick note to @FD1000 - The error in your thread title is pretty basic - not something most educated readers wouldn’t at least notice.
What I think happened is that you considered “rising rates” to be singular in form. Actual…
“Then look at Prepositions and particles and my head is spinning“.
Kick in = start
Kick off = start
-
FD, Thanks for responding. What you’ve posted above are actually known as prepositional verbs. (To be perfectly honest, I had to look that one …
