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 remember Ed’s depth of knowledge as well as the “wickedly sarcastic sense of humor” Mark references. His last post ISTM was to the effect he didn’t want to participate in a board he characterized as “Links Central” or something fairly close to tha…
With 390 “hits” and climbing for this Jim Cramer thread, somebody must be listening to Cramer and / or similar talking heads. Outside of PBS, is there anything worth watching on TV? Personally, I truly enjoy following the various financial ma…
Market suppose to crash this wk....that was the last wk headlines say regarding earnings...maybe up little at end of today. I was expecting blood baths and bought more corp bonds recently
.
Unless 50% of US Economy fully reopened again or COVID-19 …
Thanks @BenWP. Noticed yesterday that that article is available in audio form through my subscription to Audm. Am putting it at the top of the list for my usual late night listening. Do recall “much ado” early in T’s administration about munch and w…
+1 @sma3, Nice analysis.
I disagree a tad bit. Near-term the whole process could be messy and roil markets as it unfolds. Speculators playing that potential (perhaps months of uncertainty, heated rhetoric, court hearings, media hyper-ventilati…
Anyone else pondering this risk?
Yes. I’ve pondered it since roughly November 9, 2016. But I ponder a whole lot of things. Folks ponder all sorts of solutions to vexing issues. So the options Larry tossed out are no doubt being considered by some…
I was in a “fret” over some problem with American Century funds some time around year 2000. In searching for an answer (or perhaps just some comfort) I came across Fund Alarm. I bravely posted my concern and Maurice was the first to respond in a fri…
Do nothing and stop being emotional and dramatic.
I kind of agree with 1k. Perhaps for somewhat different reasons. This and many other scenarios have long been contemplated and factored into investment positioning by investors with far longer time…
msf said, FDRXX: 0.01% (-0.10% without fee reduction) Wow. We’ve now arrived at negative interest rates (at least without fee waivers). I suppose it’s happened before with mm funds. But still a startling proposition.
Mr. Caldwell is certainly prolific if nothing else. I admire his self-assurance. But I’d feel better if these kinds of bullish forecasts came with some kind of insurance. :)
Link to articles by Preston Caldwell.
“The average money market fund is now offering dividends of about 0.09%.”
That doesn’t sound right. I don’t invest in money market funds, so have no idea what the better ones return. I just checked my cash substitute, TRBUX. At the end of June Fi…
@Starchild,
You need to look at the fund @rono moved into. It’s not an equity fund. It’s a local currency (unhedged) emerging markets bond fund. A very dicey proposition. So, while equities may have been a great buy in March, the dollar was still …
The whole rotating-discount/cash-back thing is a turnoff to me. Every quarter or month you need to remember which card to use to maximize which benefits ... too much work! I stick w/my Amex Plat and Amazon Prime Visa and keep things simple so I c…
“we tried everything ... “
Huh?
True, some brave Governors like Michigan’s Whitmer followed the early CDC advice and imposed stringent lockdowns & closings - only to be confronted by gun-toting lawbreaking Trump supporters hell-bent on “liber…
200,000 projected Covid deaths in U.S. and estimates are rising. Where can U.S. apply for foreign assistance? Something like the Marshall Plan that rebuilt Europe after WW II - only in reverse.
If you haven’t looked at Michigan roads lately ....
If a president shoots his vice president can he pardon himself?
Don’t know. It would seem constitutional.
- Next question: If the Vice President shoots the Prez and becomes President, can he pardon himself?
- Let’s extend that a bit further: …
I call them different things:
- T. Rowe sounds more “official.”
- TRP is easiest to type.
- Price is easiest to say - but vague sounding and could be confused with fund manager Michael Price.
- When talking to one of their reps…
Pretty much been on auto-pilot the past month. Mentioned cutting back on miners a week or two ago, but still have plenty of exposure - and gold just keeps running higher. Watching a smallish stake in PRLAX, purchased in late March purely for exci…
@msf did a much better job reading the article than I did. I “cheated” by relying too much on the headline alone. Great quote from article.
But he didn’t have to document that inverse bond price / interest rate relationship (over-kill). It fall…
I'm a federal retiree with a TSP account. The F fund is an index fund based on the Bloomberg Barclays Aggregate Bond Index. IIRC, the duration is around 4.5. The 8.65 1 year return reflects capital gains from falling interest rates, similar to the …
Monetizing Cats and Dogs ...
“As a potential solution to rising wealth inequality, we have devised a plan that would diversify the Fed’s asset purchase program and broaden the distribution of their newly created dollars.”
https://www.palmvalleyca…
- Yes - I meant to say ... herd immunity for the remaining smaller, younger, thinned-out herd. Yes. If they believed in science I’d give them credit for misapplying the legitimate theory of Darwinism.
- Haven’t followed Sweeden that closely. Tha…
I just had a thought. With numerous WH aides infected, Secret Service agents for both Pence and Trump off duty due to Covid 19 infections, even the girl friend of Donald Jr. testing positive, and yet they carry on with these big rallies w/o masks …
“It's just I'm surprised that I rarely see it used as an asset class in asset allocation, multi-sector, or unconstrained funds. It seems that they would add value & diversification”
I don’t know if this answer satisfies - but a good house with…
“Though the bottom line is, I don't think I could put 70% of my total portfolio in long-term treasuries and then just forget about it.” +1
Don’t confuse / conflate long-term Treasuries with long-term Treasury funds - or, for that matter, any ty…
I recently viewed “Forgotten Figures” based on recommendations here. Mixed feelings. Short on science and high on soap-opera appeal. Well acted. Worth a watch IMHO for the insights into segregation in the 1960s when we began launching men into space…
“yeah, we are now an undisciplined country whinier by the day, eating those early marshmallows “
Not to impede the serious discussion here, but if those are @davidrmoran’s words, I’d like to commend him on some lovely phraseology. I always admire g…
@hank, I know you are a TRP guy. Have you looked at the new'ish TMSRX fund, Multi Asset Strategy? Another portfolio change I've made the past few months was to go with more conservative alternative type funds. TMSRX is one of those, along with a pre…
Good thread. In mid march I posted about initiating a “gradual rotation” from RPGAX into DODBX. Since accounts are directly with the respective houses, what I did was shift (eventually 100%) of funds from DODIX into DODBX. And, at Price, I shifted …
I regard this Blackrock page about two of its funds as a sales blurb. Still worth keeping posted here as it can serve as a starting point on how to examine these pitches and how to examine numbers.
I wasn’t going to read this just based on the blu…
Infection is rampant in Brazil and it's getting worse as Bolosanaro ordered to stop counting COVID cases. The number makes him look bad.
I’m not going to waste a nice summer day digging up links here, but the pronouncements / psychology / ap…
“Ultra Short Bonds Recently Offered Unusually High Excess Yield with Limited Credit Risk.”
Yes - But not before investors were shaken by an unprecedented drop in NAV in March /April. I have to believe many fled these funds before they rebounded. TR…
+1
Thought about posting something similar. The U.S. is the “greatest” in the world - in terms of the Covid 19 infection rate and total numbers. Brazil’s a close second though. At the same time, the EU is preparing to ban most U.S. citizens fr…
