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.
Re “painfully amusing … ” Spot-on @LewisBraham +1 Pogo couldn’t have said it better.
Gosh - The appearance of posts questioning the safety of cash & short-term deposits is also painfully amusing and sounds a lot like those that popped-up on …
March 10, '23
https://www.bloomberg.com/news/videos/2023-03-11/wall-street-week-full-show-03-10-2023
Ketterer at Causeway is so smart and engaging. But I just don't need small-cap volatility anymore. The other guest, Barbers Reinhard from Voya says…
Thanks @MikeM & @Sven for the additional thoughts. Glad the robo worked Mike. My guess is that consumers staples held up better than most of the market Friday. And, of course bonds ripped higher. @Derf - “deer in the headlights” - Yes, for sur…
@Hank. Have you ever tried a custom benchmark from however many component ETF’s you choose and assemble to your desired asset allocation. Then put in Portfolio Visualizer. I don’t think it will work for daily but by months it’s fine. Compare wit…
@LarryB - Sounds like you’ve done very well with your investments. Rather than judging performance I’m just trying to keep a handle on daily volatility. That’s the reason for watching 3 different funds - to average out the daily fluctuations. I th…
Thanks @Crash for sharing some of your winners. I noticed too that HY held up well today.
I just checked the average 2022 performance of those 3 (tracking) funds and came up with a dismal -14.25% combined return for 2022. A lot worse than I fared…
”Listening to all the pundits today - never a good thing - you would have thought it should have been much more of a bloodbath in the markets today outside of many of the banks.”
Yep. Must get boring repeating the market numbers day after day. I’…
True story. I was online earlier this week looking at JM bullion at bars of gold. Thinking about it, no action yet
RE JM Bullion Bars - They are pretty. Many, many years ago I owned a bunch. Silver’s very streaky. It was actually a silver miner …
I spent the morning ensuring all my assets were under the FDIC limit everywhere I had monies at several banks
Wouldn’t take me long at all … :) (But GNMAs are up)
@Baseball_Fan - If you trade today use your fastball. The plate is moving around a …
Is there any reason to think his message helped take your & my funds down today ?
We can wish …
@Derf - Check out how much the Fed has ratcheted up their overnight lending rate during the past 15 months.
I was taught in a college communications class more than a half century ago: ”A percept is a product.” / While we can mitigate the actual significance of the failure of SVB and put it into proper perspective, the perception out there among the i…
Bloomberg is reporting “SVB has “officially failed. FDIC has taken over.”
Things are wild. One p/c miner I have bounced 6% this morning. Has pulled back some, although a good couple days for miners. Used the morning’s chaos to add a bit to a st…
I am surprised this hasn’t gotten more discussion on the boards today.
Ditto. It came up on the Off-Topic board yesterday in a post by @Baseball_Fan - but I was the only one to make any remarks. - LINK
No - I don’t think this is anywhere near the e…
SCHW down 12.76% today. Part of a big sell off in financials. Re +.50% rate increase. Let’s wait and see. This Fed “toes the line” about as well as a drunken sailor. (Admittedly, they’ve been slip-sliding into the gutter lately.)
Thanks @Mark. It was kinda late. Will play with the airhead link later. I’ll cut FD some slack here. He’s not accustomed to posting threads with links.
“To try and fail is better than not having tried at all.”
I don’t know anything about this stock. But a 50% one-day drop in any stock is noteworthy. I hope you don’t own a lot of this. I’m waiting for things to start “breaking” as the Fed cranks up rates too high too fast. Just don’t know where the first …
Putting @Larry aside … :)
I’d like to chime in that we’re living through a very abnormal period of interest rates. And (not unlike black holes in space) this abnormality tends to distort everything else associated with it.
In a “normal” healthy …
@Sven - Thanks for chiming in. Valuable information. I tried to limit my remarks to the actual question as Larry worded it:
”Does this relative increase in intermediate term and a flattening of the shortest term (Money Market) rates have any mean…
A working link would be nice @Fd1000. Like flying blind here. But for you to conclude somebody’s opinion of where to best invest was “wrong” based on YTD return (in this case less than 2.5 months) is a bit rash. Hell, even here folks have longer…
I disavow any claim of “greater insight.” But as no one else has taken this up I’ll venture an opinion …
”Does this relative increase in intermediate term and a flattening of the shortest term(Money Market) rates have any meaning going forward?”
…
Interesting article in today’s WSJ
Headline - Documents from Fox Defamation Suit Spotlight Tensions Between Prime-Time Hosts and News Personnel
Excerpt: Newly released court documents from a defamation case against Fox News over its 2020 election …
”He is getting paid to make great forecasts, if he fails, he should be fired.”
Hmm … Tell me who makes correct forecasts 100% of the time. If it were a “sure bet” than wouldn’t everybody buy the same investments? Then 100% of us would outperfor…
I agree there are serious issues with many emerging market countries. A lot of them are stuck with authoritarian corruption that does not improve the investment climate.
China, given it's size and recent aggressiveness will probably have a greate…
”Aside from ‘practical’ considerations, ie how much of a hit would I really take, there are the moral ones. While many people eschew using ‘moral values’ in investments, as everyone has different ethical values, there is a case to make that many mo…
Thanks @rsorden
Here’s what I came up with for FRDM (top 10 countries by investment)
Taiwan 22.14%
Chile 18.87%
South Korea 18.12%
Poland 13.40%
South Africa 5.89%
Brazil 5.54%
Malaysia 4.92%
Indonesia 4.88%
Mexico 3.46%
Philippines 2.31%
Source
…
”… allowing anyone to purchase firearms if they desire to do so … “
Yeah. Open-carry at that.. Really ought to make folks want to vacation down there with their pets and kids. Just take care not to infringe on someone else’s staked-out spot along…
Wish there was someone who never got anything wrong. Why is that so difficult?!
Agree @Devo …
But don’t write Wilson off yet. Wrong? Might just be early. I’ve heard this (bullish take) from enough quarters recently to give it some credence.
I think @LewisBraham means we're old...
Old we are. But I also take this group to be quite suave and sophisticated. If Diogenes could search for ”an honest man” amongst the citizens of Athens, I may seek out a TikTok user among us. Reading the gov…
+1 @Old_Joe - I’m convinced if you listened only to Summers and El-Erian you’d never invest. Frankly, I watch only the first 40 minutes of the one-hour WSW - so don’t do Summers.
@Old_Joe -
Most interesting. Appreciate the added information. Well … I’ll have to decide whether I want to risk losing the damn phone while shopping or having it stolen from vehicle. One hopes to be able to estimate the relative risks based on t…
Thanks @Old_Joe -
Well … err … I guess they can bust into your car, house, or mug you somewhere if they want the phone bad enough. Good advice though. Wouldn’t leave it in the car more than an hour or two. I guess between breaking my car window…
I just checked my device. You need to enable the “erase” function in settings. Wish you could set it to fewer than 10 errant attempts before that happens however. ISTM 5 attempts would be enough - unless you’re seriously mentally incapacitated or ab…
I found the first 2 guests bright and insightful. Both got into the nuts & bolts of market volatility. Some comments on the 0-dated options craze and its impact on volatility longer term. Not sure I agree with some of the woman’s assumptions -…
