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'm paranoid of me or TRP messing up closing account and giving me a check which I have to then send to broker.“
That’s understandable. I hate doing custodian to custodian transfers, fearing the one sending out the proceeds will misunderstand my i…
Geez - Looks like I stumbled into some extra work.
74, single, retired 22 years. Pension from State of MI in the upper 40s with a 3% annual increase on the original “base” amount. So the 3% annual increase doesn’t compound. Still it’s helpful. That…
Sorry. Didn’t mean to rag on you @Rbrt. Your posted question is fine. I occasionally sit down and look myself at what my “biggies” are, since the various allocation sleeves are all I really care about and pay attention to.
Was reluctant to post m…
1. PRPFX
2. TMSRX
3. DODLX
4. DODBX
5. PBDIX
6. RPGAX
The two largest holdings (top) exceed 10%.
I’m not sure what value, if any, this has for others, since they are unaware of the other holdings, how the portfolio is constructed or the age and o…
Thanks for all the heavy lifting @msf,
I’ll study this. Sorta makes sense. Was wondering earlier if it made sense to shift to their prime money market fund until TRBUX returned to near $5. Even if my worst case scenario were to happen (you’ve assu…
Price’s ultra-short TRBUX (not equivalent to a money market fund) is normally pegged at $5.00 But has managed somehow to creep all the way up to $5.09 resulting (in part) in a 2.62% YTD return. This seems to me to be the financial equivalent of bei…
Looking at today’s results ... hard to make out much. Commodity related assets / funds got creamed across the board - universally it seems. While I don’t consider gold a commodity in the normal sense, the miners look to have dropped about 4%. TMS…
Sorry to pile on. (Probably well deserved though.)
Actually, it occurred to me later in the day that in the “grammar lesson” above the “teach” managed to misspell bytes (as bites). So I’ve returned to the scene of the crime to correct my error. N…
I was going to post a noon update, but I’ll hijack @Derf’s thread here. Woke up this morning to news Europe - particularly the U.K. was seeing heavy selling. A resurgence of Covid-19 in England and across the continent is being cited by many as th…
This all might have been avoided had @Old_Joe understood transitive and intransitive verbs better. Obviously, “tipping“ as intended in my query is an intransitive use of the root word “tip.” Unfortunately, Old Joe thought it was a transitive use o…
@Crash - Good recall. For benefit of others, the remark was from one long-time direct investor with TRP to another who had recently moved a large sum to TRP, in part to qualify for some of the “perks” TRP affords larger direct investors with the …
Re RPSIX. Not a bad fund. Here’s some possible reasons it’s had a lackluster year:
12.3% invested in stock fund PRFDX, which follows a value investment approach (long out of favor) and has 21% invested in financial stocks which have struggled rece…
Robots are delivering food at ASU.
The robots are provided by Starship Technologies. The units look more like rolling coolers than starships.
If I were a pizza delivery boy I’d be very worried.
Also - How much should you “tip” a robot?
Oil went negative on the futures market April 20. Since than, my commodity related funds have enjoyed a nice uptick. I long suffered with PRNEX, PRAFX. The first is still badly underwater YTD, but has perked up. The second is almost back to break-…
“My current bond funds consist of domestic investment-grade bonds almost exclusively.”
I’ve got about half of my bond allocation in DODLX, which is mostly investment grade - both domestic and international. The rest is mostly in investment grade i…
@MikeM - Thanks - I always enjoy hearing how others try to hedge their portfolios. Gold to me is kinda the “wicked witch” of investing - best to have her on your side. Nasty when she’s not. BTW - How much (%) do you keep now in that robo-portfolio…
This is part of tech advancement. Cars are built today by robots on assembly lines. Still it requires human to programming and maintenance of the robots. Machine learning helps to speed up the iterative development process for manufacturing. I can …
I wasn't expecting FIPDX to return roughly 9% this year. I thinks there's something to be said for already being there when things turn around ...
Yahoo shows FIPDX having a current duration of 5.7 years, below the 7.3 year category average. I’d …
If Trump really refuses to concede or if the Democrats win everything things will really tank. the
This is not meant to spark a political discussion (please, folks - let's keep being good this week!) but my sense is that if Biden wins decisivel…
I’d be more inclined to sell rather than buy today. Haven’t yet set aside my anticipated 2021 distribution, which is my my preferred method. Normally, that $$, or a large portion would be parked in cash by now. That omission is mainly because I don…
Tend to agree with FD1000 and MJG to the extent that I think one shouldn’t make significant changes in their investing approach (ie: running to cash, loading up on gold, buying treasuries) based on such prophesies as “A reckoning is coming“. I some…
Oops. I didn’t realize the link to “armchair investing” (or whatever) was posted here today by Ol Skeet under a different screen name. I’m afraid I thought someone else here had found it off-site and reposted it here. No. I agree that’s pretty “fish…
I never paid attention to the barometric reading - though I guess some did. But, I’m a bit compulsive about allocations. That’s where I see value in Ol_Skeet’s barometric presentations. I used to enjoy studying various ones found online and than …
the top 10 percent own 83 percent
Do you think any of that top 10% participate in mfo discussions? Let’s hope so. Otherwise, the good people who come here to talk about investing represent (at most) only 17% of the market. A dismal thought.
I don’t do podcasts unless it’s something really compelling. (A return from the dead by Louis Rukeyser for a “special” present day market update might qualify. :) )
While I don’t much listen to podcasts, I like Bloomberg TV as background noise, s…
One of my best “sleep well” funds is PRPFX - not normally thought of as defensive. They spread the money around in some very diverse assets (gold and silver, growth stocks, nat. resources, treas. bonds, the Swiss fanc, real estate). So, without exp…
The original OP mentioned tax efficiency. That’s where I stepped off ship as my investing is 95+% in tax sheltered vehicles. But I’d be remiss not to mention that the Lipper analytics which can be accessed through Reuter’s and some other venues do…
I thought @rforno said it both eloquently and succinctly at 7:33 am this morning in his off-topic post titled “An MFO Forum Observation”. I’ve said as much more than once myself, but not as well as he laid it out. That’s not to say one side or the…
I always like the term chartists. There's really nothing "technical" about what they're doing.
Apologies for posting this one. Thought I had verified the date, but must have missed it. It is from July, 2020. And @WABC is right. This one doesn’t pre…
Well, 30 or 40 years ago I attended a sensitivity training workshop in which we were asked to complete a questionnaire designed to tell if we were racist or not. To my surprise, I failed it. Obviously I’ve worked over subsequent years to become even…
@msf - Glad you pursued this. And your clarification is important.
I’ve on occasion shaken my head at the occasional incorporation here of excessively lengthy verbatim excerpts. What little I know of the law on this comes from work decades ago in …
Don't get to excited , futures down as 9:30 P.M.
DerfYour comment has me wondering how many people here are trading versus how many are buying some sort of fund for a longer time period
Awe shucks. I don’t…
