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Err...even I sold HSGFX...so now who/why we still monitoring it?
Dunno. Just curious I guess. Would rather monitor a fund I know something about than just gaze at a M* list of “best performers”.
How about you serving up some new topics big guy? …
Thanks for commenting @Old_Skeet. Only in my wildest dreams do I want to own either the car or the stock. :). I notice that Price’s TRBCX had a small slice when the Yahoo list was published.
Fund Mojo: Top 25 Mutual Funds Impacted by TSLA http:/…
@Ted, You’ve posted 17 new threads just this morning. Other than the one on @Catch22 (which I’ve bumped over to the active discussions) none of yours have yet received comment. By contrast, I’ve posted one new thread over the last week and it’s rece…
Thanks @Ted,
I believe he’s fine. But it would be great if he’d let us know. I directed a recent post in his direction - and got no response. @Catch22 goes way back to Fund Alarm days and has always been a strong positive influence.
Why are we fretting over a 1-day performance figure? Maybe because discussing mutual funds is what we do here.
Personally I find fretting about whether the market is “overbought” or “oversold” somewhat trivial. But I understand that some find it …
@MikeM - The Pudd has it correct. I was confused once as well. Now I remember by thinking of boxing great Cassius Clay (later Muhammad Ali) who knocked out long time heavyweight champ Sonny Liston in an upset in 1964.
“Just before entering the ri…
@JoeD, Yep - I also once owned it. Interesting to track just to see how a real bear fund performs on any given day. Provides a nice contrast to many other funds. Everyone seems to agree he’s very smart. I hope for the sake of his investors this one…
@JoeD, Thanks. He may hold those stocks in long positions. I don’t know. But Hussman generally shorts the market overall. So having some long positions that did poorly shouldn’t ding his return that much.
Hussman protests if others suggest he’s sho…
”Bee: Do not fade away..........the winter's cold enough, brother.”
“Do not go gentle into that good night ... Rage, rage against the dying of the light.”
Hi bee, High Pudd from what I gather you both been busy watching paint dry. Ha Ha
That signifies - @bee and the Pudd have finally attained the “perfect & optimum” portfolio positioning.
(The rest of us should be so fortunate.) :)
Here’s what I think DavidV was referring to:
Insured Asset Allocation
“With an insured asset allocation strategy, you establish a base portfolio value under which the portfolio should not be allowed to drop. As long as the portfolio achieves a ret…
I hadn’t heard this term before. A bit hard running it down, but did come across an Investopedia article that discusses it as one allocation approach.
https://www.investopedia.com/investing/6-asset-allocation-strategies-work/
Each will have his / h…
My weekly consumption allocation:
- Wine 40%
- Scotch whisky 40%
- Beer 20% or less
If those numbers pertain to the U.S. population, chalk up one more consumer / economic trend led by the now aging baby boomers. Suspect downing a case of brew isn’t…
While my sleeve system seems complex to some ... it is really quite easy to manage.
This might be the first time ever that I’ve found myself in agreement with @Ted. :)
Here’s what Henry David Thoreau had to say:
“Simplicity, simplicity, simplicity! I say, let your affairs be as two or three, and not a hundred or a thousand; instead of a million count half a dozen, and keep your accounts on your thumb nail.”
Whi…
“The consolidated master portfolio is comprised of two taxable investment accounts, two self directed retirement accounts, a health savings account plus two bank savings accounts.”
- That’s a lot of accounts. Since you view them as a “consolidated …
It’s an interesting question. I don’t have the answer. But I find owning much more than a dozen funds becomes more than I can wrap my head around. I tend to think and allocate according to fund type. A dozen pretty much covers the categories I want…
”Yes, this is relevant to investing, or more generally, financial planning.”
To me, it seems this is exactly the type of issue the off topic section of the board was intended to serve. It amazes me how one here who strenuously “protests” politics on…
“Fidelity Women’s Leadership Fund will seek long-term growth of capital. The plan is to “invest primarily in equity securities of companies that prioritize and advance women’s leadership and development.” One woman on the senior management team qual…
Thanks @rforno,
You are correct. I had assumed the disclosure issue related to the fund Prospectus and applied to all investors who might buy the fund. A second reading made it clearer. It’s some type of hidden administration fee targeted at the 4…
Thanks @rforno and Old_Joe for adding some needed clarity. Another puzzle for me is why the Labor Department is investigating? I’ll assume it’s because of the workplace environment in which 401-K products are marketed. Still, it seems to me this is…
Thanks @Old_Skeet,,
I fell in love with pie-charts some 25 years ago after I deep-sixed my fee-based “advisor” and started wondering how to diversify a portfolio. It’s an easy way to visualize the proportion allocated to different sectors and to ma…
Welcome to the board @Lego_Sweeper -
Good find. Unfortunately I’m not qualified to address it. Many here are highly qualified and might comment now that I’ve plucked your query out of the somewhat obscure section here I affectionally call the bone…
It’s hard to protect people against themselves, human nature being what it is. Here’s what I’m getting at:
“Frequently, 401(k) plans are criticized for leaking assets, because employees withdraw monies before they retire. This, writes Zweig, is ver…
@davfor, Thanks for the Bloomberg article. I was about to post a related article when noticed yours.
Paywall @ WSJ. But was able to obtain a short excerpt:
"Federal Reserve officials are considering whether to allow the 'cost of living' to rise a…
@hank, don't you sleep? How would you know that?
@MikeM - Thanks for asking. I’d erroneously inserted a double-negative into my last post of the evening. Was up all night trying to edit the damned thing.
:)
Here’s a well diversified equity fund from T. Rowe Price: T. Rowe Price Spectrum Growth Fund PRSGX (.78% ER). I love this one - but don’t think I’ve ever owned it. While termed a domestic equity fund, it’s currently got 35% invested in foreign sto…
@JoJo26,
I don’t know what funds @msf might own. But I do know it isn’t hard to put together a pretty well diversified actively managed fund portfolio with an average ER well under that .70% ER figure. I own some D&C myself. Have listed their …
He may be right. Blackrock’s Larry Fink recently appeared on CNBC and mentioned “The Law of Unintended Consequences”. If, as appears likely, the China trade deal improves the U.S./ China trade balance (by their buying more U.S. products), China will…
Thank you @Old_Skeet for drilling down more into your methodology. Your definition of overbought largely coincides with that of Investopedia - https://www.investopedia.com/terms/o/overbought.asp. While valuation is mentioned by both of you, it appe…
The more than 3600 mg of sodium in one mac & cheese package is also crazy!
Well ... We’ve pretty much satisfied “step 1”. :)
The Six Steps In Problem Solving
1.Define the Problem.
2.Determine the Root Cause(s) of the Problem.
3.Develop Alter…
Old_Skeet's market barometer finished the week with a reading of 133 indicating that the S&P 500 Index is extremely overbought based upon the metrics of the barometer.
Thanks @Old_Skeet for your discussion of how you are positioned.
- I’m curi…
@davfor - Thanks for commenting. Doesn’t seem like that long ago the Fed was shoveling liquidity into the system at a rapid pace. I also stayed put. Didn’t expect the turnaround so soon. Unlike past market rallies, this time the customary inflati…
That crackling barrel mac & cheese contains 370 calories per serving. There’s 4 servings per container. That’s 1480 calories in that one package. You’d have to be crazy to eat that garbage.
And the second one is hilarious! :)
Is that the Fred in St Louis I know?
Nope. Here’s what Fred stands for in economics: https://en.wikipedia.org/wiki/Federal_Reserve_Economic_Data
But - Nice try @BenWP :)
Thanks @davfor - Article contains some great analysis of the Fed’s and Powell’s apparent shift in strategy. IMHO that’s what stopped the market slide and precipitated the recent spike in gold and most commodities. Can they keep the rally going? Her…
List of KHC’s brands resembles a trip back to how people ate in the 60s. Lots of sugar, startch and fat (with a few exceptions like nuts).
Take a walk through the frozen foods section of a big grocery. The amount of space devoted to a wide variet…
(1) ... but we don’t even talk about recent buys or sells anymore.... “
(2) “... can’t we play in the sandbox a little nicer?”
Thanks for the comments @Graust. I won’t even try to defend the politics that seeps in. It’s indefensible - but also …
@JohnN - Be glad you didn’t put this one up: “Only Five T. Rowe Price U.S. Mutual Funds Saw Positive Returns In 2018”. As @msf and others have pointed out, the statement is patently false.
