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.
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 …
I usually got a courtesy D- in "English" in grammar school. I still have absolutely no idea what a split infinitive or a dangling participle is, and to be honest, I really don't care either.
@Old_Joe,
It’s rather natural nowadays for even accompli…
@Graust - Thanks. I began to think maybe that was the case after I posted. FD actually communicates quite well. The English language can seem illogical and confusing even to those of us who grew up with it. :)
I hope some mfo members found the gra…
Great post @Junkster.
Glad I’m not working. It was fun and enlightening most of the time - but a big imposition on time. I terribly miss travel. Always loved flying. I’m thinking I’ll work-out extra hard every day now, generally climbing up and dow…
Lewis - Not sure if it would help, but many states allow you to track ballots online to insure they are received. The link for Pennsylvania is embedded below. I realize this doesn’t fully answer your question, but might help. BTW - In Michigan yo…
Yep.
This one hits near home. I have a view of Lake Michigan from my house. Frequently stroll the beach. A whole lot of water out there. The vastness sometimes surprises those who aren’t familiar with the great lakes.
Looks like this one never got off the ground.
- Market Neutral Fund
- Less than 5 years old.
- 23.3 M AUM
- 2.85% ER
- Down 13% over past year
- Turnover 290%
Alternative investing is a tough row to hoe. Thanks for the post @TheShadow
Junkster, your sensible and often helpful posts are missed here.
The fact that he’s not here may serve as proof that he has already made his fortune. :)
NO. Please don’t “time“ my fund (PRPFX). “Hot money“ moving in and out harms us longer term investors. And the fund wasn’t designed for short term investing anyway. I don’t own Hussman. You can time him if you want. His HSTRX also holds gold and…
Try googling “How to shorten a link when posting on a discussion board.” That’s how I learned. If I can do it anybody can. :)
Hint - To test out something like this, go back to something you posted a week or more ago. Use the edit feature (little w…
I don’t believe any claims of investing success posted here - Not sure that I'd go that far.
That was a little strong. I’ve edited the remark to include “unsubstantiated” (claims).
I’m sure there have been others, but I’m familiar with only one bo…
“Assuming good faith in FD's reports of investing success ...“
Awe shucks. Don’t get me going ... I don’t believe any unsubstantiated claims of investing success posted here. And I’d strongly discourage folks making such unsubstantiated claims. Th…
Hmm ... I’ve always assumed there was some validity to technical charting & analysis. Einstein’s “spooky science“ might apply to it however. We had a great poster here for years named Flack who was well versed in T/A. I miss his posts. I’ll agr…
