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.
Thanks @Observant1 / Great comments. Yes, if the firm has an intelligently / insightfully designed forecasting model to incorporate into the robo it should remove some of the concerns I raised. No reason to expect they wouldn’t devote their best…
Thanks Yogi,
Yep. I do have a digital version. There’s a link inside that called “read e magazine.” That seems to reformat it to look more like a page of print. No difference in content. Forsyth’s article is: “Treasury Rates Are Headed Higher. S…
@Yogibearbull - Thanks. Nice job!
Did you feel, as I did, that Forsyth’s “Up & Down Wall Street” column on interest rates was not as good as most of his writings? Seemed brief and simplistic to me. Often he weaves together many different inve…
”Something there is that doesn’t love a wall robo … “
Having never played around with any of these sophisticated tools, I’m curious how the rankings or relative performance numbers are arrived at? Granted, either a robo or real life advisor shou…
Wish I understood what drives the sometimes “weird” pre-market prices. One CEF I own is reportedly off more than 3% this morning. But a couple attempts to buy it in the premarket on Fido came up empty. No takers at offers I submitted well above …
The long awaited Season 3 of ”The Morning Show” on Apple TV is pretty good.
Show features a long established cast of unprincipled back-stabbing characters working at USB TV News. Viewers have grown to know them intimately during Seasons 1 & 2.…
”As @hank observed, Vanguard builds a glidepath”
Likely @msf intended to credit someone else with this astute observation …
Personally, never cared for prefabricated glide-paths, although lightening up on risk with age would seem appropriate. IS…
Those recommended age specific equity allocations are fascinating. Sound about right for disciplined really long-term oriented investors. A lot of us (self included) may have a hard time “shutting our eyes” and letting those long-term investments…
LOL
Will PRWCX have to change its name? “Capital Appreciation” sounds a bit broad. You could load up on old comic books with a name like that. :)
HSGFX = “Capital Depreciation” ?
Thanks for the thoughts @Crash. I like to think I don’t do macro - but I guess we all do to some extent. It’s hard not to let your perceptions about the economy, Fed policy, interest rates, various markets etc. creep in to your positioning.
I se…
Nice summary Yogi. Thanks. Was tied up most of afternoon so didn't follow it live. Sure turned markets on their head following a bright looking morning. This too shalt pass.
Anyhow, I like the part about beating up his bullies. But with today's bullshit Political Correctness* and Trigger Warnings* and Prohibitions* on even mentioning anything negative, he'd be the one called into the Principal's Office today!
*Just th…
Musk is an enigma. Difficult to fathom. Exceptionally brilliant. Driven. Visionary. Unfortunately, there’s little correlation between these qualities and other admirable human attributes such as ethics, morality, selflessness or adherence to democr…
Certainly sounds like a Hollywood concocted “screen name ”. :)
But Michael is looming large as a state’s witness in the Florida trial regarding Trump’s handling of classified documents. Quite a bit on NBC news last evening which prompted me to do …
Thanks for doing the math @msf. None better.
I also appreciate that no one has slammed me for being sacrilegious re this great fund. Like I said, it’s fun to slice and dice the numbers in a variety of ways. I suspect most who were heavy into equ…
PRWCX has an absolutely incredible long term record under Giroux. Looking nearer term, the M* numbers say the fund lost 11.94% in 2022 and is up about 12.55% so far in 2023. Since it takes a larger % increase to make up a loss, this would mean th…
@hank- how on earth did you come across this from the Sierra Daily News?
Dunno … I was researching the old sitcom “Mary Hartman” … and Molly Michael popped up instead …
Might make for some equally entertaining interesting viewing.
It’s a thoughtful well written article by Krugman.
I don’t think anyone can predict where inflation is heading. The wise folks at the Fed sure didn’t get it right a few years back with “transient.” But as inflation goes, today’s is much less than…
Just read in Reuters that oil is heading up to $100/barrel. The combined cut back from major oil producers including OPEC and Russia are affecting the supply side. Higher energy cost will boost inflation again.
Both NYMEX & Brent crude are up…
It frustrates me when a thread can quickly deteriorate into "silly ass" discussion. The thread topic is simply "How would you invest $100,000 now?". Just answer the question, give your reasons for that choice, and move on. The answer to the OPs q…
What I meant to ask @Baseball_Fan (and forgot to) is:
”What’s different about this particular $100,000 compared to all your other invested money?”
Anyway, @Gary1952 was very emphatic and precise (all capital letters) earlier and specified tha…
Perhaps a safer mode of travel?
https://www.cnn.com/2023/09/11/asia/kim-jong-un-north-korea-russia-meeting-intl-hnk/index.html
Err … ”It takes one to know one.”
@Derf - The link below should pull up an avocado green refrigerator from the 70s. The other popular appliance color in the 70s was harvest gold (which might have preceded it). White was out. There wasn’t much available in stainless steel - and it…
Well … In looking back over 2 years of Grantham threads on MFO it does appear he is largely held in disrepute by this esteemed body. I’d somehow missed that. Feeling the consensus view is generally correct in investing, I will foreswear to never ag…
Thanks OJ. Colombo was an absolute classic riot. RIP Peter Faulk.
How old am I? My first home in the early 70s came furnished with an Avocado refrigerator & range. . And, I quickly added a bright yellow corded wall phone to that kitchen wall.…
+1
Thanks. All good.
Yes - it was clear you were referring only to your cash position in the August comments. A bit unfair of me to single out one line.
I won’t “lock-in” on any so-called prophet. But like to listen to a wide variety. ISTM G…
See my original comment : “Linked solely for those who might be interested in Grantham’s latest views.”
If the shoe doesn’t fit, don’t wear it.
Don’t tell me there’s some restriction here against posting out-of-favor / unpopular / or recentl…
Does it matter if $100k is a substantial sum or not? The question was simply "how would YOU invest it NOW". A very simple English language question.
That’s a bit harsh towards some of my colleagues here. But, as you like it. Re: “NOW” - Be aware…
ISTM the entire internet is going to s###.
At least 90% of the queries i submit (financial or otherwise ) come back as seductive advertisements having no value unless you provide personal information or pay money. Some of us have been around lon…
Great discussion. Like FD, I focus on the total portfolio.. Sure, it can be modified as various circumstances change. But I’ve never thought the amount invested mattered much if you have a model portfolio in place.
So whether I had $50,000, $…
@dtconroe - Thanks for the rebuttal. I never give specific recommendations or even share my own specific investments (unless they come up in the context of a particular fund’s discussion). I hope that does not exclude me from making broader observa…
