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.
The markets were open (and way up) yesterday. But the banks were closed, which is why Fidelity wouldn't count yesterday as a business day for paying bills.
Equity markets were open but bond markets were closed. That’s weird as there’d seem to be a…
Thanks for the rundown @bee. I’ve rented and owned. Prefer the latter - but not by a whole lot. One reason: If I decide to pound a nail in the wall to hang a photo (or rip a wall out for that matter) there’s no nasty landlord to deal with.
I don’…
“Presidential son Eric Trump apparently thinks that a coronavirus vaccine has been fully developed and his father took it after he caught the virus in order to defeat COVID-19. - If you are confused by that, you aren’t alone.“ Story
I watched th…
Of course, language is a constantly evolving mode of expression. This list might be of help in understanding VF’s communications.
25 of the Most Popular Internet Acronyms
AKA Also Known As
BTW By the Way
CYS Check Your Settings
EOD End of Discuss…
”Wouldn't VFINX or SPY be classified as a blend of Large Cap Value and Growth?”
That sounds right @bee. The line between growth & value is a bit muddled in my post. I generally look-up VFINX (out of laziness) when interested in how the S&…
I encountered one “fruitcake“ several years ago while at a local gym. A middle aged guy I’d never met approached me started talking about the Secret “Obama death camps” FEMA had built around the country. The plan was to lock up all “white people”…
First link (Time) covers 10 biggest “flubs” since the VP / Pres. debates began. Candidates, fearful of getting burned, have learned to play it safe rather than unleash a monster flub that might damage the campaign. If you’re ahead in the polls, pla…
Actually, I'm hoping that the MFO Conservative Club doesn't follow this thread !
I think they’re already glued to Fox awaiting tonight’s live on-air medical exam.
“The interview will take place on "Tucker Carlson Tonight" at 8 p.m. ET. Dr. Marc Sie…
I agree with all that @Old_Joe. You said it well. For whatever reason, Page didn’t take it upon herself to go after them for not addressing her questions.
The question about “succession planning” was a tricky one to touch if they hadn’t anticipate…
I did some debating in college & coaching afterward as well. Academic debate is pretty structured with a proposition, an affirmative side supporting the proposition and a negative side refuting it. Both evidence and reasoning are important of c…
https://www.barrons.com/articles/how-to-build-the-best-bond-portfolio-for-crazy-times-51601679774
Pretty good rare article.
Ditto. If you ever wondered what the barbell approach looks like ..... :)
@msf - I’m essentially working with the “print” edition (delivered by Amazon Kindle). I’m thinking now I might have juxtaposed (ie “confused“) a couple related articles on bonds in the Oct. 2 edition in my original post. The one I’ve linked below qu…
Any thoughts on his GE bet?
He is really negative on Treasuries:
When it is hard to envision a scenario in which an investment generates a mid-single-digit return—and when it is easy to envision a scenario in which an investment generates a double…
@Derf,
My initial (2020) purchase of PRLAX occurred on 2 successive days, April 2 and April 3. Was off close to 50% YTD at that time. Sold a couple small chunks (about 20%) late April / early June as it had risen quite a bit. As of yesterday, fu…
Sold all PRLAX (locking in gains since late March). Purchased identical amount of DODFX (new position). Added to mining fund OPGSX on slight weakness. A 3 positions are in my speculative sleeve. Gold’s wicked. But I think over the next year it wil…
@hank
>> a week ago [DODLX] really rocked my boat when the NAV fell through the floor one day for no apparent reason. Of course, next day the $$ was back in my account via additional share purchase.
so does this mean you are or were unclear…
@Derf,
Linked article addresses the nature of what are commonly termed donuts. I believe these distributions are done primarily to comply with regulations imposed by either the IRS, the SEC, or likely, both. So it’s a way for investors in the fund…
I suspect that what @Derf might actually be observing is income or dividends being paid out and than used to buy additional shares, as some funds pay out income on a quarterly basis. Technically, the payout likely occurred at the end of the day yest…
Sorry to hijack the thread! :)
Well Sir - If a hijack occurred, I’m the guilty party. But I prefer to say we embellished the thread. :)
Thank you for the insights into puts and calls.
The current U.S. minimum wage is $7.25 an hour. An 8-hour 5-day work week nets $290. A month’s work nets about $1160.00. Those $750 monthly contributions would consume 65% of the individual’s pay. (Hopefully, there’d be minimal payroll taxes.) A…
Thanks @Sven - For some reason I’ve always read the paper fund reports they arrive in the mail, but rarely online unless I have a specific need. Recently shifted to 100% online account info (for security reasons), so don’t get Price’s reports mailed…
Yes - but only when the fund that “blew up” is held within my speculative sleeve (the equivalent of gambling). That represents anywhere from 0-15% of investments. One of the spec holds, PRLAX, has gotten shelled the past 3 or 4 sessions after ris…
Thanks @Graust
Yep - A single put or call = 100 shares. 3 puts would equal 300 shares.
I hadn’t advanced yet to calls. Let’s see ... if you sell a put, than you must buy calls.
From Investopedia / “ When you buy a call, you pay the option prem…
Tomorrow (September 30) Price’s 40/60 conservative balanced fund TRRIX celebrates its 18th birthday. Since inception, Lipper shows the fund averaging 6.25% - not too far from the 7% figure being batted around here. That was than this is now? Thin…
Good morning @hank : "One thing I like at Max Funds is the maximum 1-year loss they envision. Worst case scenario for sure. Where it’s helpful to me is in looking for / comparing relatively ”safe” funds to meet a certain portfolio need. "
Is ther…
@Gary1952: I’ve ferreted out for you the essential points in the Mester quotation. Here’s what she said:
Mester’s Overarching Thesis: “Opportunity and inclusion are important for achieving a strong economy”
How Mester thinks the “policymakers” c…
MaxFunds tends to low-ball funds. Seems to me they base a lot of their subjective judgment on fund expenses. They’ve never deterred me from owning a fund. But if I’m trying to decide between 2 that appear very similar, I’ll defer to their opinion. R…
I really appreciate @VintageFreak’s help in my understanding how selling puts to raise income works. Hopefully, my comprehension as expressed above is mostly accurate. While it had little to do with his original purpose in posting, it exemplifies wh…
- TSLA closed at $427 Friday.
- Linked chart (thanks to VF) is set to TSLA’s Friday close. / OK
- Scan down chart (left side) to TSLA futures @$200 / share and note the accompanying put price of $2.25 per share on specified date (11/20/20). /…
