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.
:)
@Ben, Sounds like you’re happy now. No reason to change. My leap was triggered by intense unhappiness with TRP’s service and customer support (not their funds). Having about half my assets with them, that was the first move. Over the next co…
”An 8 mile walk to speak with someone does not seem convenient. “
Could ride a bike - weather permitting. Less than an hour round trip by bicycle, and the exercise might help extend your period of active participation in the game of investing her…
Not necessarily limited to @Ben’s question, but I had a horrific time with TRP trying to get them to stop withholding state taxes on my Traditional IRA withdrawals. There was an op-out selection for declining Federal withholding, but nothing for sta…
Good question @Ben. However, what’s more desirable for one person might be less desirable for another.
I held funds at as many as 5 different houses at one time. Perfectly workable. Over very long time horizons there was a reluctance to depend…
@Yogibearbull. Thank you. The OT intentionally refers to stocks (not funds which by definition are diversified)*.
I’ll assume you wouldn’t ever exceed 5% for any 1 stock.
* Edit / Add: The Investment Company Act of 1940 does set standards for i…
Great link, @Andy- that should be just what @hank is looking for.
+1
Thanks @AndyJ / Will be interesting watching this as things devolve.
For benefit of others … By clicking on “more” on the right of the first set, you can pull up the rest of the …
What bothers me most is seeing people with low wage jobs spend gobs of money on overpriced trucks, cars and even coffee. One of our desk clerks drove a custom painted Ford F-150. Even back then with low interest rates, I cannot imagine how she affo…
ISTM that DT just yesterday or Tuesday announced very specific polling percentages for himself. Would he lie to the public about this?
Never. Just like GW: “Father, I cannot tell the truth a lie.”
I’m not tuned in very well. But seems T’s in the …
I kept significant amounts directly at D&C for 25 years. Great outfit. Since opening a Fido brokerage account 2 years ago, more options than I’d ever imagined opened up. Age, too, has been a factor in wanting to combine everything under 1 umbr…
Whew! Put through a small buy at Fido with fewer than 5 minutes left in the day. Prompted a time warning, but it went through. No big deal. Just wanted to throw a few more bucks at the slumping gold, metals / mining sector through a diversified …
Kind of thought there might be a buying opportunity on the long end. But a FT article in recent days casts that into question. It highlighted the Fed’s massive selling of long dated bonds on a regular basis over the past year. It’s called “quanti…
ISTM with auto invest you could switch it on on for a single purchase? And than turn it back off?
”You have to enter at least two dates, but you can turn it off after the first one executes”.
$5 beats $49.95.
It beats the $75 fee for D&C funds …
Thanks. Sometimes I think I might sell my remaining small D&C investment which was transferred into fido - just to avoid future hassles in any kind of rebalancing. Since you can sell for no cost, it boils down to the 3 or 4 times a year when …
"except the kitchen sink" @hank- I'm glad to hear that, because as I recall your kitchen sink is still pretty new. :)
Yes. And many of my investments went ”down the drain” last year …
:)
Well … Folks studiously avoid owning companies they think damage the environment or owning funds that invest in tobacco companies. ISTM one might do the same with banks if they felt strongly that they were making money off the practices of “filth…
Yikes. The 10-Year Treasury sits at over 4.27% late day. Been screaming higher for couple weeks. 30 year fixed mortgages now average over 7%. I think the economy is cooling. A check of a few car dealers online over the weekend showed a respecta…
Thanks @Old_Joe / I’ll do some exploring of those links.
I think “as the worm turns” in coming months, there might be some subtle maneuvering among principals under the table - so to speak. Might even involve members of the opposing party. Sheer …
I'm shocked. Simply shocked. Who would have thought?
Anybody ever try deciphering the fine print in the mortgage documents they were about to sign?
Geez. I know folks who got hooked into “no prepayment” clauses or excessive fees if they wanted to …
Interesting. Afraid I use icloud storage for a lot of stuff. But for really critical passwords, they’re not recorded anywhere except in my head. I’ll jot down written “clues” to help me remember. If the PWs / clues reference a theatrical performan…
@hank: Page is not the first voice out there talking about upcoming opportunities in small caps. I maintain a healthy exposure to SC, so I hope the predictions come true. I also have been told that some predictions for positive outcomes are contrari…
Facebook is mentioned. I’ve never joined. Yesterday I found their marketplace extension where individual sellers in your locale can advertise. Some items looked of interest. But Geez. No addresses or phone numbers to the sellers. Just a link that re…
@hank : I was surprised when you said TMSRX was on your list ! Would you buy back into this fund if what happened ?
Hi @Derf. No, I don’t see myself ever owning TMSRX again. But - Never say “never”. If I were going to go back into a multi-strat…
+1 @JD_com / Agree utilities appear oversold. One reason is they tend to run with bonds, and bonds have been creamed of late.
Along the same lines, a lot of international stuff denominated in non-dollars has been hit. As noted elsewhere, I pic…
2020 Election Cost $14.4 Billion https://www.opensecrets.org/news/2021/02/2020-cycle-cost-14p4-billion-doubling-16/
State & Local Spending on 2022 Mid-Term Election Set to Top $16.7 Billion https://www.cnbc.com/2022/11/03/2022-midterm-electi…
Some of the worst performers today from my watchlist (I do not presently own any of these):
WPM (precious metals miner) -4.13%
DKNG (online gaming) -3.51%
OPGSX (gold miners) -3.07%
PRNEX (natural resources) -1.95%
GRES (natural resources) -1.94%
T…
Thanks @yogibearbull
One media heavy stock I’ve played with in / out the past couple years is GHC (the former Washington Post Co.) I’m currently out - or probably wouldn’t mention it. Barron’s ran a very positive story on it a year+ ago which brou…
Thanks @Mark. Enjoyed all the guffaws. But yours is good basic investment info. I’m not talking about who the audience is or whether the distinguished members here plan to view. I see a 3-ring circus shaping up and plenty of green to be made from…
When the trials start, they will likely go wall-to-wall coverage w/o commercials, so I'm not sure there's any profit-incentive here for the networks/stations or individual investors.
If anything, buy yourself a nice 12 year old scotch to savor, you…
Edit: The intense publicity surrounding this and the name calling and vitriol from both sides precludes my saying anything that would shed additional light on the subject or change a single mind. So I’ve retracted an earlier remark.
I’m somewhat in awe of these sophisticated services, being a humble do it yourself type. But I have to wonder how one might objectively evaluate the effectiveness of various schemes, plans, advisors under various market conditions and time spans? …
Fascinating stuff on Neuberger Berman where I have a significant holding (NLSAX). Had no idea of their storied past. Wikipedia: “Founded in 1939, Neuberger Berman is a privately held asset management firm, which is 100% owned by its employees.”
@hank: I’ve never built a Treasury ladder and I am loathe to let PLW do it for me. It went to the top of M*’s class by losing 3.76% in 2021, 19.97% in 2022, and 0.99% YTD. It must be a tough racket, that Treasury stuff. How much did the middling or …
Enjoy the satire @WABC
I’ve been playing games too - designed to keep fingers off. Obfuscation can be a helpful approach. If I don’t understand what’s going on, I can’t step in and try to “fix” things.
Speaking of volatility, I’m getting the sense that short sellers are currently very active in the long Treasury markets. These guys can be merciless and drive out smaller investors. I don’t know what that implies from an investment standpoint. Just…
