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.
RPSIX is not a bond fund - as I understand the term commonly to mean. Never has been. The Prospectus (at last check) allows the fund to commit anywhere from 5-25% of its assets to Price’s Equity and Income fund (PRFDX). If you don’t already know,…
Not surprising, the poorest performing sleeve within my portfolio, not counting my demand cash sleeve, has been my investment cash sleeve which is up 0.1%.
Geez - I’m having trouble keeping up. I’d swear cash was the “hot” place to be only a month…
Thanks, Puddenhead, Pretty much nailed the pin on the head ...
- Normally a Prez likes to get that recession out of the way early in his / her first term. The hope is to have things turning up before he / she runs for a second term. That didn’t hap…
Eventually Amazon would probably also try selling shares at the Whole Foods meat counter.
Running funds sometimes bears resemblance to sausage making.
“Spicy Hots“ anyone? :)
Thanks @Ted - An informative discussion.
Some take-aways:
- Reminds me a lot of Peter Lynch 30 years ago. Both are / were more concerned about product, and much less so with price performance, technical indicators or indexes.
- Loved his comment…
“Investing icon Warren Buffett advises investors to stash 90% of their money in a Standard & Poor’s 500-stock index fund and keep the rest in short-term government bonds.”
Anybody know what degree of truth this statement attributed to Buffet ho…
@Crash. Dunno about Bloomberg (doubtful). If interested, just google her name + “fiddle” + “Utube”. There are several clips quite easy to come by. I came across this interesting aspect of Quinn by accident while looking up her biographical info -…
It probably was the bottom because I moved a chunk of retirement assets to cash that day and missed the 1000-point rocket.
@BenWP, Don’t feel too bad. OAKBX has also been on a tear this year after I bailed out late last year. I suppose the long s…
“Normally, taxpayers who come up short generally face no penalty if the balance due on their tax return is less than $1,000. If it’s more than that, they won’t face a penalty if they have paid — through withholding or estimated taxes throughout the …
I’ll be buying this one from Amazon as soon as it’s available later this month. Christie also narrates the audio edition of his book (not yet out). And while I’m far from being a fan, I’ll admit he’s a very good speaker. Should be a good listen. htt…
Lots of reasons here to tune out the money honey, raccoon lady, bloody lemur or whatever. Bloomberg’s Vonnie Quinn has more brains than Bartiromo and also plays a pretty mean fiddle.
Have a Kenmore washer, dryer & canister vacuum cleaner all 20+ years old and still running fine. The name has always been highly respected. That’s a bit odd - since Sears was known to brand devices made by assorted manufacturers with the prize…
"9dupp" is a well known internet term that means "to heck with you Ted, I can post whatever I want".
Well, the “upp” part makes sense - sorta. But he doesn’t specify just what or where @Ted is supposed to put it?
We can speculate, of course ..…
@MikeM,
FWIW - I compared Hussman’s HSGFX with the Oppenheimer gold fund I own.
10-year performance: HSGFX -5.02%. OPGSX +1.40
Based on that, you’d have been substantially better off in gold. Admittedly, he’s a pretty “low bar” to top. :)
@Hank, these are not normal times when HSGFX has a better 1 year return than PRWCX :) I tend to agree with @wxman123. These long/short or market neutral funds generally under-perform over time compared to a good balanced fund. So moral of the story…
“(Oppenheimer’s) Stoltzfus notes that investors have a poor sense of timing when it comes to stocks. Investors pulled more than 27 percent out of stocks in 2009, a year when the market bottomed out amid the financial crisis and then rallied to end u…
In the past I’ve shunned gimmick funds. However these seem not like normal times. So, for some investors I think a “gimmick of choice” in the range of 10% of holdings might not be a bad idea.
Thanks @00BY for enlightening us about this one.
Has anyone figured out why T. Rowe offers 2 distinct lines (“Retirement” and “Target”)? I looked at the 2015 version of each and both have a glide path (which grows more conservative over time) and both earned Price’s “Moderate” risk assessment. If…
“The scenario I just sketched isn’t a forecast. It is a description of exactly what has been happening in Japan. The forecast is that most of the rest of the world will follow suit. Japan is the poster child for the rest of us who aren’t having enou…
@Starchid, Thanks,
I don’t have an answer as to whether this fund is the optimum choice for you. But I think if you could close your eyes for 15-25 years and not look at it, you’d be quite pleased with the compounded return. Trouble is, most of her…
“Half of all 401(k) accounts now hold 100 percent of savings in a target date fund. Just over 30 percent of overall 401(k) assets are in target date funds ...” (2018).
https://www.forbes.com/sites/johnwasik/2018/11/12/what-it-takes-to-be-a-401k-mi…
There is nothing worse that opening a link and finding it's the same article as a previous poster has link (sic).
To the contrary, there is nothing better than opening a thread and finding a previously linked article accompanied by some added perso…
While 40% might be a tad high, I agree more with @msf here. Bogle is generally a lot of “bluster.” I doubt even he agrees 100% with everything he says. (But I’ll acknowledge his contributions to mutual funds / investors).
The biggest reason I can…
Actually - I’ve heard he has a phobia against shaking hands. But than again - who would want to shake his?
Warning: Should you be brave and ever shake the ***‘s hand, just be sure you count your fingers afterwards.
If they keep working..
They will get a very big check once every settle and gov open again
Like it or not, many middle class families live payday to payday. (Sure beats being unemployed and on welfare). So not receiving their pay as promised by a …
If you're living paycheck to paycheck on $100k, you are living outside of your means. How can you possibly deny that?
So the government shutdown and payless paydays signify God’s Wrath inflicted upon those who haven’t practiced sound financial mana…
Not to belabor this - but I retired more than 20 years ago making $70,000 at the time (1998).
I was maxing out my 403B, which was automatically deducted by employer. Where I worked we also contributed a sizable amount each pay to the employer spons…
@MFO Members: Nonsense, that's just going to happen !
Regards,
Ted
@Ted,
Are you saying PG&E will declare bankruptcy? Why don’t you spend your time improving your own hasty responses rather than critiquing & chastising others?
Update: The wall has now been downgraded from concrete to steel “at the request of Democrats.”
https://www.washingtonexaminer.com/policy/defense-national-security/trump-says-border-wall-will-be-steel-at-request-of-democrats
Here’s some more recen…
Trump’s paycheck to soybean farmers is being held up if they recently filed the paperwork. However, those (like one frequent poster I presume) who got their paperwork in before the shutdown will continue to get paid by Uncle Sam. It’s usually the li…
I reluctantly began using M* tracker after my once superior (paid for) App became unreliable. Yes, M* wasn’t working when I tried to use it this morning. Overall, it’s been very reliable in the month or more I’ve used it.
Since the site wouldn’t lo…
Notice the $$ doesn’t go to you or your friend. The donation(s) goes to one or more charities of your choice(s). So, if PBS is included among the causes to which the donation may be made, I’m all in favor.
I’ll agree with you to this degree - I ha…
Hi @hank Might " the Coriolis force" be descriptive to actions in DC? Does this work the same way in the southern hemisphere, except an opposite direction?
@Catch. There have been a number of banana republics in the southern hemisphere..
But I d…
.Maybe I'm missing something here but if there was "big-time selling" then wasn't there also "big-time buying"?
Not necessarily. It might be like the Coriolis effect. When things start going down the drain, they only rotate in one direction.
Wiki…
