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.
Honestly, I don’t get the feeling that we’re in a nasty bear market or that things will worsen a lot. Of course there will be a recession at some point. But I don’t think we’ll re-test the lows of 2022 - unless the economy really falls off a cliff…
Fascinating. Thanks @yogibearbull.
Somewhat bemused this morning to hear the talking heads on Bloomberg pronouncing that the NASDAQ is now in “a new bull market.” Can’t seem to verify that anywhere else. Wonder if they’re basing that call on the p…
Thanks for insights. I hadn’t realized the equity side is concentrated in income producing stocks. Explains a lot, as ISTM that segment is prone (like any other segment) to hot and cool periods. I sorta remember once a year ago referring to funds …
I enjoyed (wrong word perhaps) looking at the color-coded map LB’s linked source in the investing section contains (Reasons for investing in EM X-China thread). Golly - To think that the UK is in the same camp as Spain and Italy is a bit troubli…
Thanks @larryB / Last year’s unusually big hit was understandable as bonds slid along with stocks. But it can’t seem to get out of its own way this year. The ”secret sauce” for so many years no longer working it seems. I wonder if money has bee…
LOL - Funny. To be honest, I did a little “pruning” today (sold a bit). But by no means is that a bearish call.
Oh. I wouldn’t worry about Schwab’s survival. But financials / brokerages can be a bumpy ride. TRP nose-dived about 50% last year if …
Well, whatever you call it, it’s proven you can round up enough unprincipled jerks from among a population of 333 million people to fill a stadium somewhere in Texas. Before cable news and the internet such a feat would have been highly unlikely. Bu…
I’ll say again I am struck by the unfairness. Consider the following scenario:
- Being the frugal responsible type, I drive a $12,000 Chevy Spark for which I pay and receive collision insurance coverage.
- My irresponsible next door neighbor …
I watched an hour’s worth - off and on. What strikes me is the unfairness of the situation. Why Oh-why were the owners of uninsured assets at SVB bailed out while no such blanket guarantee extends to others who might find themselves in a similar s…
Added - I think it’s accurate to say that the very best of today’s high school grads are far ahead of where I and my peers were in our high school days. It’s astounding and rewarding to see how much the top students with solid support at home and …
Possibly, a BA degree represented a higher real level of scholarly attainment 50 years ago? I’ve no doubt a high school diploma did. In some cases (like Texas and California) large influxes of non English-speaking immigrants may be skewing numbers…
"...With so little cash it’s not worth my time and effort seeking out the best return..."
That's where I'm always at, myself, too. So, someone shows me a better CD rate, and I seethe. For a moment. Then I remember it's just not how I operate. @hank…
As I noted elsewhere my local credit union offered a 5+% rate on a 15-month CD with as little as $1,000 about 3 weeks ago. Took a quick look. Gosh, I hold very little cash in any form and what minimal amount is held needs to be fully liquid. I enj…
Thanks guys. It was stored cold where bought and I kept it on ice. The 2nd one was easier to take than the first. Maybe you need to “grow into” this stuff. I would never drink beer warm. The Germans do a lot of crazy things. From the looks of it, …
Too bad the financial heavyweights at the Fed level didn't get together for a few beers and talk this over months ago.
Naw. Powell looks more like a scotch drinker. You’re right of course.
Thanks @Old_Joe for the excellent post & excerpts.
“Why didn’t the Fed pay more attention to how its interest-rate increases would affect bank solvency?”
As someone said in another thread here a week or so ago - An idiot could have seen this c…
@PRESSmUP,
Great find. Thanks. Preaching to the choir here as far as spreading risk around goes. Growing up in the 50s and early 60s, the Great Depression was still fairly recent and on everyone’s minds.Talk about “lost decades.” My parents had …
Question seems a little unclear @Derf.
- If you mean you have to take some $$ out of the tax shelter (what I think you mean) than depending on tax bracket you might want to invest it in municipal short-term bonds or any number of taxable options …
@hank : What kind of socks are you investing in, argyle ? I couldn't help myself.
Time for NCAA, Derf
Socks? Prefer cotton - FWIW
Thanks @Derf for noting my gaff. I’ve repaired the blunder. We aim to please!…
”Started to nibble at hstrx. “
Not a bad pick if you can buy NTF. There’s a fee at Fido. I looked at that one yesterday and was surprised it hasn’t done better this year with both gold and bonds having a decent year. Your question doesn’t defin…
“Charter school” would seem to mean not s public school. So there’s a freedom to mold the curriculum to support whatever moral or religious precepts the community establishes. But the irony of it being a school devoted to teaching the classics is n…
@hank
looks good
can you import portfolios from excel or text file?
Sorry so late @sma3 / Just noticed your comment, That’s an area I don’t play with. There is an option in settings to import or export files. It provides a web address to log in…
@MikeM - Fair point. Perhaps it’s just coincidence that the name TRP selected for the new offering is: ”Capital Appreciation Equity ETF” and that David Giroux will manage it. Personally, for long time core equity holdings I prefer good actively m…
I’ve played around a bit with CCOR over the past year or two. Small amounts. Currently out. From what I’ve read it buys / sells deep in the money options with about 10% of assets and so provides a strong hedge on big down days. For whatever reason…
Yikes - everything soared at first. By the time I logged in to sell something they’d gone into reverse! Need a faster ipad! Precious metals / miners did end the day quite a bit higher, but cut their gains near day’s end. Bloomberg is saying someth…
Who knows? Not the sharpest knife in the bond deck here. But I have a lot more bonds (thru funds) than cash. If short or intermediate duration bonds, they may possibly do better than cash over time without a whole lot of duration risk. Don’t ove…
I watched that too and her speech was meant to calm the market. That why I ask if there is something else I missed.
In another age it would have had a calming effect. But we live in an age of cynicism. The speech by itself is ISTM of questionable…
Wonder if there is other issues with other regional banks that have not been uncovered?
Not so much “uncovered” as not “made public”. A lot of veiled suggestions to that effect from some of the anchors and a guest or two on Bloomberg TV. Nothing …
@sma3 - LINK (Direct link to the IOS / Portfolio Trader Stock Tracker website.)
Also, here’s a link to a MFO Discussion last June after M* announced an end to the free tracker.
In my second comment beginning “Not a website. But $1.99 a month ge…
The show was called ”The Bloomberg Crypto Show” - Date: 3/21/2023
This LINK should pull up the referenced show. Mulvaney is the second guest interviewed and begins speaking at 12:50 into the program. The remarks I referenced occur several minut…
+1 Invesco bought Oppenheimer several years ago. Some of the excessive risk taking in fixed income appears to have come along for the ride. Relieved to have so little with them at this point. Suspect one fund I still own may have been adversely af…
