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.
It’s hard to view this rationally. That includes me. I do know incrementally adding risk worked in ‘08. But that was a very quick rebound (March 2009) by historical standards. Certainly anyone with the cash to pay taxes and under 65 or 70 ought to…
Not aimed at anyone. Just thinking a lot of folks appear never to have experienced a market correction of 10-15% or a bear market of 20-40% peak to trough in the major averages. Been at least a dozen in my lifetime. 07-09 was the worst. Some indexe…
There are always the optimists. No buying on dips here. Will play defensive for next few months.
Can’t blame you. I’m a “gradualist.” Always looking at ways to tilt in the direction of slightly more risk / reward without killing the goose. “G…
S&P500 reached -20% loss in June. Will it retest the bottom agin. In the past, the month of September has not been good to the stock market.
The following chart of Bear Markets since WWII is sobering. (This is not a prediction.)
https://www…
Dollar-cost-averaging makes sense. But "averaging down" just HURTS.
A matter of perspective. I generally associate “buying down” with chasing after a single holding (fund or stock) as it drops. That‘s dangerous.
“Rebalancing” IMHO is good pract…
OK. Thanks for clarifying. I’m somewhat excited about the bargains developing for folks with more than a 2-3 year time horizon. Slow and steady approach as always.
Hi @Crash
I helped a niece and nephew open new accounts with Fidelity a year ago and there wasn't that much paperwork. All the normal items any similar company would require. I linked the start page for them to fill the form online, and all is well.…
If I have to deal with spreads and shit like that, I'll forget it. Still with TRP, after Fido sent a MOUNTAIN of paper to open a brokerage acct.
I felt that way at first. But placing a “limit” buy or sell order turns out to be super simple. And it…
I never knew that the Ordinary Joe could trade pre or post-market hours. How?
It’s easy at Fido. There’s a slider switch in the order format you slide to the right. Says: “Turn on premarket / aftermarket trading” (or something to that effect). Wor…
Today was an “equal opportunity destroyer of wealth” from what I can discern. Bonds got whacked. Financials down. Technology down. Utilities down. Gold miners and most commodities down. My small hold in inverse SPDN gained. But a larger hold in in…
sounds like giroux, a lot, eh?
Ron Barron’s a bright man with a good long term perspective. The clip is worth viewing. His best advice in the clip is to ignore the “macro predictions” which he thinks are usually wrong. Personally, I think this Fed…
Things don’t appear as beaten up yet as 1-2 months ago. Just looked at TCHP and it’s up 5+% over past month. Futures recovered a bit today as the pre-market hours waned on.
Watching ….
PS - Ron Barron’s a very smart man. I can do without obnoxio…
- I attempted to respond directly to @bee and his query of whether PRWCX would constitute a wise sole investment for a retiree already in the distribution phase. If others think that would be a good way to go, please let @bee know.
- I’m awar…
@bee, Never owned VWINX. Been tracking it all year and am very impressed. Steady Eddy if there ever was. As of yesterday it was down less than 7% YTD. One compeditor, PRSIX i like to track is off over 10% at this point. I guess there’s a roughly .…
Despite the clobbering this week, most of the things I watch are still above the lows reached a month to 6 weeks ago. TROW is one good example, closing above $221 yesterday after bottoming around $213. While I no longer fiddle with DKNG, the curr…
The excretory matter doth strike the whirling blades.
perfect description. The Orange Clown-Abortion simply does not deserve to live.
An old friend at work who had a knack with words came up with that one when striving for more “socially accepta…
"I’m not buying it."
@hank- not sure what it is that you're "not buying". Would appreciate a little more detail on that.
I don’t think the Fed wants to slam on the brakes and send financial markets plunging. They might like us to think that. Mo…
I’m not buying it. Markets are still expensive perhaps. Maybe more downside next week. But I’m still optimistic 1-3 years out. Did a little after-hours buying with what little cash I stash in the Roth.
Powell seems to think, from his remarks, he’s …
No disrespect intended. I’m as guilty as anyone of reacting to day-to-day changes. But I listened to Barry Ritholtz recently make the point that sometimes sitting back and ignoring these mini-fluturations in markets and portfolio value is a better p…
Yeah. Thanks @Catch22. I need a simple list of numbers / dates or durations to reference. From that data I can draw connecting arrows, circle things and make little notations on the side with pointy arrows. And instead of a road map, just say “Go …
@Catch22, Are the 5-day, 3 month etc returns given only in graph form or are they numerically stated? Heavy left brain here. Graphs , maps and other visualizations drive me nuts. Like Sgt. Friday always said: “Just the facts Mam … Just give us t…
There’s a line in Wild Things (viewer discretion advised) where Sam is giving sailing lessons and the kid starts admiring a magnificent 100 ft+ pleasure boat off in the distance. Sam calls it a “stinkpot” and than points to a nice sleek 40 foot slo…
Just want to share that CNBC has a free app that might interest folks looking for a quick overview of funds and stocks. Mine came from Apple’s app store. Suspect it’s available on other operating systems. I’m not seeing a portfolio tracker, althou…
https://www.mutualfundobserver.com/discuss/discussion/54925/what-s-a-bond-fund-like-this-doing-in-t-rowe-s-stable-rpiex
I question whether this fund should any longer be considered “contrarian”. ISTM that for the past year or more it’s been “going …
I’d never criticize somebody else’s investment approach. Being down double-digit (meaning 10% or more) wouldn’t be bad for some investors depending on their age and risk tolerance. By comparison the S&P is down nearly 13% YTD and the NASDAQ off…
This current bump up from the June lows seemed way too easy. Reading the latest Barron's, there's more than a bit of anxiety in the market, and some are voicing this pretty clearly, which I find odd. I'm holding at the moment, waiting. It feels like…
