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.
The past year has led me to hold a very small ongoing position in SPDN, currently 2% of total invested assets. Enough to modify downside volatility on bad days. Definitely an experiment. The thinking is that it may be allowing slightly more aggres…
Thanks ,@Mark - Some pundits like the VIX and talk it up for whatever reason. I find it intriguing. Bloomberg TV often airs the current reading along with other market data. You can invest in it indirectly thru a (tortured) fund (TAIL). Below - …
Silvergate/SI is an FDIC insured bank
That’s interesting. One of the Fed “open-mouth committee” members seemed to hint at a rate hike pause yesterday (for later this year). Strange talk I thought based on past Fed rhetoric. Was scratching my head …
Today’s the first time I’ve gotten the fixed income allocation up to 20% of portfolio in at least a year. (Sold across the board.) Everything’s ripping today. Dollar must have weakened because some foreign holdings gained. Metals and mining conti…
BTW, this is also the 1st posting of 3/3/23! Where did everyone go?
I’ve been busy taking profits all morning.
PS - I’ve enjoyed reading some of the current threads even if I haven’t contributed. Especially some of the excellent analysis and number…
I came across a good WSJ article on this issue. Unfortunately, cannot link it.
But most of these “hijackings” of iphones involve them being physically stolen after someone has observed the passcode being entered. In specific, bars are being targe…
Thanks @Sven.
Your link didn’t work for me, but found the Zweig article in my Kindle edition of the WSJ from Saturday. Never been a big Zweig fan. Good advice usually, just not very deep. But he hits the nail on the head in leading off with the …
”… there's no comfort to be had in holding a tablet or laptop like there is in holding a good book or the printed word in general in your own hands.”
I get the point. Nostalgia. Frankly, I see little difference. It’s the thought primarily and, in…
:) - Fortunate to live in a fairly dark area @Derf. Nice sight on clear nights even before it gets completely dark. Hope you get a chance to view it in next few days.
Thanks @msf!
Yep - #3 is closest to what I wondered about. Fido has some great funds of their own, but I haven’t used any of them. No plans to. As you note (under #1) they have some stringent trading rules re their own funds.
Re #2 - There wo…
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…
