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.
Yes - the ship is tossing and floundering around looking for a port (reminiscent of “The Flying Dutchman” I was planning on seeing in May). I agree with @Catch22’s overall observation. Only a nut like me would try to predict. But here we go:
- Sh…
About a 25% discount on U.S. large caps compared to only a couple months ago. Take that tongue-in-cheek. Stocks may still fall through the floorboards. But 25% off’s nothing to sneer at it either.
Looking at DJ around 22,000 at the moment compared…
Thanks Rono. Sorry to hear of your trip cancellation. I’m actually airborne on way back from Charlotte / Hilton Head areas. Folks at airport seem amazingly calm. Very few wearing masks. (But dead afraid to cough in public). I wondered if the flig…
It’s the financial exposure. They’ve really gotten clocked since rates plunged. They’ve been expecting rates to rise for couple years. That would be benefit banks, etc. Their balanced fund, DODBX, is also lagging. It’s equity holdings are similar to…
Bloodbath straight down....anyone shorting tomorrow?...
Any one buying or thinking buying next few days
Next few wks could be critical to whole 2nd quater/midyr
I don’t short. Bill Fleckenstein does. As of last week he felt U.S. markets were still…
Buy when there’s blood in the streets?
Let’s see ...
PRNEX (nat. resources) should be off about 25% (YTD) by day’s end.
PRFDX (income producing companies) will likely be off near 20% (YTD) by day’s end.
Bloody enough?
How do you like the…
[oh please dear God have Trump keep having his mass rallies].
“An attendee of a conservative conference where President Trump and Vice President Mike Pence spoke last week has tested positive for the coronavirus, according to the event’s organize…
Good time to ask if any folks have pulled the trigger yet ? Major U.S. indexes are now down near 10% since Pudd posted this question. I’ve done very little. Pretty much have an all-season allocation fit for a retiree in his 70s (tracks TRRIX clos…
Anna’s umbrage deserves to be accompanied by the post that elicited it - not a slimmed-down edited version. Based on a screen-shot made at the time, here’s a complete and accurate transcript of the post Anna was reacting to.
Post by dtconroe @ 12…
Hi @Catch, I thought several contributors had made good points or recommendations. I wanted to acknowledge each’s contribution and so quoted several. Got too wordy. I did go back and edit my remarks down some to conserve valuable board space. I a…
Lets face it, there were 1 or 2 posters that put both bond threads in jeopardy with what looked like personal attacks. Correct. And that’s where I lost interest. Won’t regurgitate. Anyone can reread the thread for themselves.
-
I had one of my t…
Good one @Davidrmoran. - Warnings are reminiscent of Ralph Kramden’s empty baseless threats in The Honeymooners:
“One of these days Alice ..... One of these days!”
(1) The numbers in China reported to be ill or dead with coronavirus are staggering. Much of China’s manufacturing is shut down. It’s definitely affecting the supply chain to companies like Apple and Ford. There are unconfirmed reports that Chin…
A later headline - Franklin Buys Legg Mason in Effort to Survive Passive Era
https://finance.yahoo.com/news/franklin-resources-nears-cash-deal-071816557.html
Good luck to the affected investors. I remember when my workplace 403-B withTempleton beca…
It’s not hard to access the story incognito. If you have the Duck Go browser downloaded on your device it will get you in. Re TRP: They were #20 in the main ranking of fund houses (for 2919). Following those overall rankings (about 55) they provid…
Damn near worthless - “The primary ranking focuses on one-year relative performance ...”
Even the Kiplingers article some time ago (which received considerable heat here) looked at funds all the way back to their inception date - far better than lo…
I thought this was just an early April Fools joke.
Yep - Perfect timing. Ted was usually out in front by few weeks with his 4/1 posts.
This is arguably @TheShadow’s best post yet. Now every time I read a manager’s comment about “underweight this”…
“The average 401(k) balance rose 17% last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts by Fidelity Investments. The average individual retirement account, or IRA, balance rose the same percentage to $115,400…
“We re-balance with egg-nog ... “ - Dunno why, but that usually unbalances me.
While the guy is nearly half way through the month of February, which he feels will than put him half way through the first quarter, I’ll note that he’s cheating a b…
“As mid-February creeps near and the first quarter of the year officially reaches its halfway point, we’re feeling the urge to step back and take stock ...”
Sounds like a kid watching for Santa Clause before Thanksgiving’s arrived. Whatever floats…
(Thanks for the sanity @Mark.)
Admission - I am not and never have been one of the 1% wealthiest Americans.
Trying to figure out where I went wrong ...
- New cars - Yep.
- New iPhones - Nope. Buy good used ones from sellers on Amazon. Ge…
I haven’t owned an EM equity fund since the early 90s (with one exception noted below)*. I’ve toyed with some EM bond funds (in and out) over the past 20 years. With advancing age I’ve decided to restrict that exposure to more diversified funds like…
Thanks for the story. At around 1% returns on cash that’s an expensive seat cushion. :)
“ ‘If I’ve got some spare cash, I’d like to just keep it as dry powder until I get a little bit more clarity on this coronavirus,’ Yardeni said.“
Keeping dry p…
Hi Catch,
First, it would take a statistician to delve into the intricacies of dollar cost averaging as bull / bear markets impact that. (That I am not.)
My gut instinct says one should hope for a 20-year bear market during the later stages o…
As far as “benefitting from” - The term itself might warrant closer examination. When contributing through my workplace plan (25-50 years ago) I was often advised by the “experts” (plan advisor, experienced co-workers, financial journals, etc.) tha…
I took away that he’s saying not to be allured by shiny objects. Chart your own course. Include some underperformers along with your high-flyers for protection when the trend changes. However, it’s vague enough that each of us may read whatever we …
My 3 largest holdings are: RPGAX (17%), RPSIX (15%), PRPFX (12%).
In event of a pullback I’d rebalance over time by taking future retirement distributions from the portfolio area suffering the least damage (not necessarily any of these three). If…
@msf - Thanks for the reference. I love that Fitzgerald line (as well as his writing). The line is still often quoted with many different interpretations attached.
To be clear - Not all highly driven, professionally successful, wealthy individual…
Nevertheless he received a reduced sentence. Question is why does he wants to cheat when he so generous in donations to universities.
The answer to this question might be that these parents are “highly driven” individuals accustomed to climbing th…
Two Cents Worth:
We probably have good reason to be concerned about the 5G issue from a national security standpoint. Chinese tech company Huawei is at the center of the debate. Coming soon (in about a year) U.S. cellular providers will start roll…
Yeah - I don’t think I was reading it very clearly. Apologies @mcmarcasco. But I’ve taken the liberty of restating the question in a way that’s easier for me to comprehend. Hopefully, it hasn’t substantively altered the essence of the original ques…
@msf - I was way off in my last post. I failed to take into account that mcmarcasco would still have 100% of his loan (the leveraged amount) left after 10 years. So by applying all of that toward the balance, his gains over the 10 years it was inve…
@mcmarasco said: “ ... whether to pay off a fairly new 30-year (4% fixed) mortgage ...”
@msf said: “Either way, At the end of 10 years you'll have your home free and clear”
What am I missing here?
Admittedly, I struggled to get a C in high scho…
