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.
If you haven’t tried the new BING search engine you might want to try typing in a complete question. Not bad. Better than Google. I haven’t bothered with their app yet which also allows submitting questions by voice. Hear it’s very good. A slight me…
I polished my first wife every day and eventually she left me and took the car...
I feel sorry for the wife if this is all she got for having put up with you - Jezzz!
:)
”Then there are the ethical issues: child labor, worker's rights etc all weaker than in US and even the US we will all admit has major problems”
Yes - great point. For younger long term investors I’d rate those considerations very high in mapping …
”FWIW, I rely on my foreign/global funds to identify appropriate emerging as well as developed markets.”
Makes perfect sense. Sound advice. I tend to view EM in the same way I view the precious metals. A little bit goes a long way. A relatively …
This conflict on redlining aside, it’s funny to me to see people get nostalgic about their cars when they were young. Much of my life I took subways and buses, so I have no nostalgia for automobiles. It’s hard to get nostalgic about public transport…
What’s interesting, I think, is that EM got off to a good start this year with DODEX briefly up north of 10%. That early impetus was from mainly a retreat from China’s harsh anti-covid lockdowns plus some easing by their central bank. However, t…
I bought junk early in '22 at just the WRONG time. Still -10% down in TUHYX.)
Yes. I’m in a similar situation with another HY fund. But I’m prepared to wait until ”Hell freezes over” before selling any of it. In the meantime we have this from Chaun…
Once after my iPad had been hacked I got a fake message (either text message or email) saying my savings account at J.P. Morgan Bank had been suspended. Was directed to click on a link to resolve issue. Since I have never had a bank account at J.P…
@yogibearbull,
Thanks - My attempt to re-create my original 4.5% number failed. Those are very big numbers to deal with. (C student in math) :) But I obviously wasn’t including call options in the short positions total.
I think we both will r…
@yogibearbull - Thanks for insights. My best attempt at those numbers (DODBX) turns up about 4.54% of total fund assets invested in short positions, spread across stocks and bonds.
I guess the significance of that 4.54% number lies in the eye of…
Well, Washington Week in Review has always been primarily focused on the politics and happenings emanating from or mainly concerning Washington and the Federal Government. Not so much on more general or local stuff- that is typically covered by the …
I’ve read the full report for DODBX and just a quick glance so far at DODEX.
DODBX: They’ve sliced 2 or 3 % off their previous near -70% allocation to equities, moving that into bonds. Equities are now at 66%. They single out what they see as op…
Thanks @Mark. About the same here. Bought a new MacBook couple ago and have little need for it. Handy for doing taxes. My late model IPad Air can do so much. The wallet app would require carrying the phone all the time when in stores which I’d be r…
LOL - I owned the 210. The Bel Air was the top-end. More chrome on the sides behind which road salts could collect and lead to earlier rust problems.
I picked up my 210 from a local junk yard for around $250 in 1962. Straight-6. Apparently it …
Scary stuff. I detect a “slant” to the writing style - a highly persuasive tone. That is not a criticism. Just unusual in technical writing.
Have used Apple devices (dozens of them) for near 20 years w/o a problem. Early on there was a 4-digit …
What I was thinking of was front wheel drive.
Had me wondering too. Thought maybe you were referencing something like the VW Beetle of the 60s which had its (air cooled) engine in the rear.
Correct on RWD having better balance and handling charac…
Maybe OT - But the internet by and large has become a “vast wasteland” loaded with ads. Annoying and terribly intrusive ISTM. Articles of substance not easy to access. This shift has been going on almost since its birth sometime in the 80s. Initiall…
@Crash. Thanks for the reply. The data I pulled up on Google didn’t reveal dividends, just share price moves. After posting … it occurred to me you mention dividends quite often and that this one certainly sounds like a high dividend payer. As y…
@Crash - Absolutely no knowledge of this company. Umm … all materials sectors were weak today. Generally rising fears of a Fed-induced recession will hit these types of companies particularly hard. Since this one is in Norway, currency exchange iss…
Oh hell .. feel free to burst out anytime. We’re all friends here (despite occasional nit-picking).
Sorry to hear of friend’s passing.
I’m afraid most of us live in different “realities.” I traded a conservative small town upbringing for a car…
No Mike. I don’t know what a 3-wood costs. But likely not as much as I just pre-paid for a room in Manhattan in May! (And work on that nasty slice now.) :)
OK - Ya got me on those cheesy little driver side mirrors. Hard to adjust - but there were some in the 60s. But the passenger side (right side) were late in coming and of course, even then, it was hard to reach over and adjust them when driving. :…
Nice take L.B.
Used to buy those White Castles when visiting relatives in and around Detroit in the 60s. Remember 20 cents. I was making $1.25 an hour than at a summer job at a gas station. No benefits of course. The 3-speed stick-shift cars we dr…
If people believe him, that’s their problem. If FD has any constructive advice re investing I haven’t seen it. Everything is backwards looking. Makes you wonder why any individual would take that approach here …
Well. The hole in the article’s a left dogleg. So if Mike could swing left handed his slice might work there. But, assuming he’s right handed that slice would never cut it. He’d be in the woods.
I thought it interesting that the article notes that some fund managers from other houses are using Blackrock’s bond ETFs as part of their broader portfolios - and in some cases placing short bets against them.
However, the FT ran another article…
Thanks @Junkster.
Looks like I got at least 1 of the averages wrong when I posted last night. I’ll correct / update those as of what Bloomberg’s website is displaying as of around 12:30 today. That’s a very useful tool you linked. I’ve used it in…
To add to the above wisdom offered …
My single best day (and week) last year occurred while traveling outside the country, largely ignoring the markets. Poor Wi-Fi / phone connectivity would have made it near impossible to buy or sell anything. :)
Always liked Dalio. If he was given the ”heave-ho”, as @Sven’s linked article suggests, I’m inclined to believe it had more to do with his public comments about the intolerable, growing and increasingly dangerous wealth disparity in this country…
You are correct @Crash that there wasn't really any place to hide today. A bit odd ISTM. The Fed minutes (from the last meeting) come out tomorrow. I think either investors today were speculating that the minutes will be very “bearish” in tone or, …
Why not lock-up cash in a CD or T-Bill?
I adhere to an allocation model that’s served me well over time - albeit with occasional revision. The “target weighting” for all fixed income is 22%. That’s to be equally divided among diversified income…
Thanks @MikeM. Your take is much appreciated. Generally I’ve tried to add a bit when (10-year) rates approach 4% and sell a bit at under 3.5%. Explains the choice of an etf over a good mutual fund. That said - you may well be right … we dinosaurs …
I maintain very little in cash. Some of my conservative allocation funds and diversified fixed income funds hold a certain amount - so I’ll let the managers work on that corner of investing.
Since I started using GNMA (etf) 3-6 months ago as a c…
