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.
There are now several favorable comments on 60-40 including in this week's Barron's (Joyce Chang, JPM). 2022 was a horrible year for bonds and hybrids (also for stocks, but nothing historic). It should be better/good going forward.
Yes thanks Yogi. …
Thanks @catch22. I’ll work on this advice first opportunity. Just home from a 8 mile bike ride. First warm day in awhile. Sorry everybody for the rant. Guess I’m behind the curveball on this internet security stuff. Been using DuckGo directly a l…
Related issue if anyone has suggestions.
Google seems to be tracking & storing every web-page I visit. Even with DuckGo the “default” browser, when I go into google or safari and click “History” all my recent searches come up. In addition, …
From @msf - For anyone who "may add it during the next selloff", I wish you good luck but also wonder whether one might have done better by having already bought.
Here’ s the best assessment of gold I’ve ever come across. It’s the ending to Mark Twain’s short story, “I Find Fool’s Gold” (From Roughing It):
“Moralizing, I observed, then, that ‘all that glitters is not gold.’ Mr. Ballou said I could go furt…
LOL - All those newbies piling in today are causing the Dow & S&P to rise over 1%. MFO has become a big “market mover”.
There’s at least a couple stocks I’d buy / add to first, if inclined to invest more …
The preliminary list of holdings in TRP link above looks like a plain vanilla USLCG fund to my eye. In the event, Schwab is not trading it as of 1:09 PM EDT. The holdup is due to one of our enthusiastic MFO traders who is tying to buy all 500,000 sh…
If you want to try and understand gold / gold miners I might suggest subscribing to Bill Fleckenstein’s “Market Rap.” That’s something he knows a lot about and frequently addresses in commentary or in answer to questions submitted by readers (see “…
I hope this is pertinent to the discussion. Clipped from Bloomberg today.
Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his focus on credit trading as he braces for a potential US recession.
…
“As for selling TF funds, there is no transaction fee whereas Schwab charges the full transaction fee as buying.”
Thanks @Sven. It never even occurred to me that anyone would charge for selling a fund you already owned. What I’ve learned in the p…
DODGX and DODWX transferred to Fidelity without issues. However, cost to trade is steep at 75 bucks. Not a problem for me since I just leave them alone. If they charge me for distributions I'll be on the move again soon.
Yes, That’s my thinking. T…
Has this in-kind transfer happened or are you thinking about it?
Thinking about it. Quite sure from past posters here that it is possible. Some have alluded to a reduced fee at Fidelity for adding shares to a D/C fund in a systematic manner - at l…
Good point @Sven. CPI data release Tuesday. Maybe I’m just paranoid, but I’ve suspected in the past this sometimes gets leaked in advance. That might explain the abrupt turn in some markets late in the day if the numbers are favorable (showing slo…
The traditional VIX gained 8% today which is a big move. And the 1-day VIX galloped ahead. Very unusual day for sure. NYMEX fell 4% to $67 - a possible recessionary warning. That on the heels of Barron’s bullish call over the weekend. Don’t laugh…
Thanks for weighing in Ben. I finally have been able to turn off VPN on my Norton anti-virus and it has stopped the issue for now. And I too have set DuckGo as the default browser. VPN is a smokescreen some protective software throws up to disguise…
@LewisBraham: I had a similar reaction as you to the Barr comments.
I must have missed something. Not sure what comment @BenWP’s referencing. . Perhaps a reference to the WP article I couldn’t access? Barr was a great disappointment as AG. But he…
No bull
Oh, The market? I tend to think Barron’s has the overall picture right, (no pun intended), perhaps a year out. But I don’t think they meant to say markets won’t go lower first. Nor do they mean there won’t be a recession sometime in t…
From the Politico story -
”Trump is not legally prohibited from running for president from prison or as a convicted felon. But such a bid would nevertheless provide a massive stress test for the country’s political and legal systems …”
No kiddin…
I’ll make a bold call here and predict that at some point he pulls out and gives his support to DeSantis. I think Barr’s comments on FOX yesterday may be the first nail in the coffin. There will be more. But it will take months to play out. Notice …
Well, we don’t want to stir-up the right-wing trolls by “disrespecting the dead.” Never mind that their blind support of NRA’s firearms position has caused many to be deceased.
There’s a pretty bullish article in Barron’s this week supporting that cover (”The Next Bull Market is Here. Don’t Miss Out”). Brian Belski & Ed Yardeni are cited as proponents of the bull thesis. Of course, it’s all conjecture. But they’re …
If you tell the Fido Rep that you tried online order but it isn't working or isn't available, then the Rep fee is typically waived. Mention it upfront to remove doubt.
Thanks @yogibearbull. Recently I called Fido to make sure a recent “sell” had se…
Thanks for posting. It never even occurred to me you could do that type of intra-family exchange at Fido. And it is a pain when you sell a very large holding and then need to wait until the next day to access the proceeds and buy whatever it is you…
This bond thread was posted Sunday, May 14. I thought it would be interesting to see how the major U.S. stock indexes have fared over the 25-day period since the post went up.
Friday, May 12 Closing Averages
S&P 500 4,124.08
The Dow Jones …
If it can make people better investors, it can also make them better more engaged citizens. I’m not sure either proposition is true by the way. But accepting that the worst are full of passionate intensity and the best lack all conviction seems, wel…
So you think posting it on this forum is going to help stop it - or slow the spread?
Wanna buy a bridge?
I hope I haven’t said to “ignore” criminal threats against public officials or not to pursue criminal justice thru established channels. …
This thread may be setting a record for replies to a deleted post! :)
Yes, i think it’s called “plausible deniability”. :)
LB’s excerpt isn’t far removed from the kinds of veiled threats against officials I’ve heard at public meetings in Michiga…
Looking for direction? Plenty of ambiguity from guest #1 (Lisa Erickson / U.S. Bank):
“We’re, Ah, what we call a skeptical participant in the U.S. market, really, with a neutral position on U.S. equities. … You’ve got a conflicting set of signa…
In this week’s Barron’s (”Up & Down Wall Street”) Randall Forsyth cites two veteran bond traders, 89 year old Dan Fuss & Louise Yamada …
“Spoiler alert: These veterans are both cautious now, with a strong preference for short-term Treas…
Hank, if you think that my system is too funny, I welcome you to dive a bit into it(link). Several did and doing very well. The whole idea is to find great risk/reward funds, small AUM is a plus, an uptrend is a must + owning only 2-3 funds.
FD - Ju…
LOL - Yogi, I was about to post the same image! A picture’s worth a thousand words. Watch the fund money start to flow into the S&P next week! Investors have very short memories.
Enjoyed Randall Forsyth’s classic opening salvo.
”To have a…
I’m glad somebody “picked-up” on my somewhat intentional “delete.” Honestly, at this point after all that’s already been said we’re left “shouting into the wind.” Nothing left to be said that will enlighten anyone. Positions are hardened.
Fol…
Thanks @Crash for sharing your previous thread. Sorry I didn’t pick-up on it. We learn as we go sometimes. At least at Fido it’s very easy to click on “Recent Transactions” and get a quick, clear read-out of everything that’s taken place. I didn’t …
