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.
I’ve corrected my OP.
In re-reading the article (Title: “Headphones are collecting too much personal data”) it seems they highlighted the user agreement for a set of sound “earbuds” sold by another company. The earbuds have capability to monito…
No doubt short term bonds are paying well. But further out on the curve “plain vanilla” bond funds don’t appear to have fared much better than a diversified mix of equities or many mixed allocation funds. PRGMX, which I’d characterize as holding v…
LOL - How on earth do they monitor your alcohol usage?
Been using an inexpensive set when traveling for around 10 years. Still sound fine. No ANC (active noise cancelling). Exterior showing wear. On a recent flight up to TVC from OHare the Unit…
They sound nice. Probably don’t need the app. Just ordered a set of factory refurbished direct from Bose. Should be sweet. Sony are equally well regarded, but couldn’t compete on price in his instance.
Won’t see much use. But nice on flights.
@hank
We've donated a fair amount this year, local and Michigan; as well as 8 other states campaigns.
Catch- I hope your horses perform(ed) better than mine have so far. :)
@hank Nahh, it's your thread. You should kick us all off. :-)
No. This is really enjoyable!
But please note that the thread was posted under “Fund Discussions”. And that the reference was to a failed fund. Now, pray do tell how we can devolve fr…
- “And now those of us who don't suckle of the teet of the public tax payer with a pension have to fund our retirement in this piece of sheet casino?”
- “Please! I think the appropriate terminology is "feeding from the trough"
This sounds a lot li…
From my OP - “This isn’t to rag on the fund and manager. But just to lend support to the idea that there certainly appears to have been a genuine “bubble” in this sector of the market.”
No disputing it was a bubble. That’s what my modest post meant…
You’re not alone @Anna. Most of us and many fund managers are befuddled by this year’s markets. I’ve assembled below a few adjectives that might apply.
confused bewildered confounded nonplussed bemused baffled stunned puzzled befuddled stumped fl…
+1
Will probably be out of the house. NPR on the car radio carries all this stuff. I contributed substantial $$ to Liz and also to a local R who debunked the conspiracy / fraud lies. Both went down in flames in the primaries. Reminds me of that …
That’s a nice post from @carew388.
Stocks do generally “recover”, although the amount of time to recoup losses and get back to par value can range from days to many years. Depends a lot on how fairly priced they were when purchased. So, stocks bou…
Wow - Don’t know how I missed that article. A “must-read”.
Nice summary on your part here. I remember (80s-90s) when customer service there was a delight. Folks would have “paid up” just to deal with such a thorough, competent, client friendly …
Thanks Yogi -
The drop from yesterday (around 5%) was so large I checked first to see if maybe due to a distribution - but doesn’t appear to be. These types of companies are really volatile. I owned a similar one for perhaps a week or two a whil…
Couldn’t resist - TROW @ $98 this morning is off 48% for the past year. Any takers? :)
PS - Only Jeremy Grantham could enjoy this kind of price action.
Yes, it is going to be interesting and potentially disastrous if the Supreme Court undermines the security of the country in order to push a political agenda that would undermine the rule of law. If so, what the scripter of the majority decision say…
“Bailey Speak” today. Head of BOE, Andrew Bailey, warned investors today they have 3 days to close out (failing) equity positions before the BOE ends monetary support. Hope I got that right. Picked this up mostly on BB. Can’t even link Reuters an…
@hank: you're thinking -66% off the old high???????
- From March 2000 to October 2002 the NASDAQ lost more than 70%.
- From September 2007 to March 2009 the NASDAQ lost more than 50%.
The NASDAQ is typically more volatile than the S&P or Dow…
“the only kinds of innovation tech companies tolerate is that which aligns with their own interests.“ - BINGO
Spent over a half hour tonight figuring out how to prevent Apple from sending pop-up messages every time I turn on my ipad promoting new g…
PRPFX is one of my oldest holdings. About 15 years. Does tend to track gold a little, so having an off year along with gold. I’m encouraged by today’s market downdraft. The NASDAQ is now almost 33% off YTD. A rough guess is we’ve now reached the …
Thanks guys. That remark was directed towards another board member as I recall. But not nice.
Markets run in cycles and usually overshoot on both the up and down sides. There are many funds / ETFs that short the overall market or parts of it and i…
Hi @Sven - Wasn’t intended to be a personal gripe. You are right that I hold a big slug of alternative-type funds which has helped reduce losses. I play “around the edges” buying & selling a bit, but no longer post any buys or sells after one re…
Not something I pay much attention to. Thought it interesting that DODIX “made the cut” (ranked high) in their top income funds category. Down -13.25% YTD and -13.62% over 1 year. Makes you wonder what kind of returns its competition is posting.
Thanks for commenting OJ. No intent here to chastise you or anyone else on this issue. From “Problem Solving 101” most of us learned the 4 or 5 basic steps of problem solving . #1 is to identify / define the problem. So while there is no magic sol…
+1
What is perplexing to me, and more than a bit troublesome, is that few today take the threat of a territorial conflict escalating into all out nuclear conflagration among the superpowers seriously. I remember the 60s vividly. Folks had seen i…
Some incredible destruction of wealth taking place. TROW @$106 is off over 45% YTD as well as for 1 year. ISTM not long ago that one was thought a “safe” long term hold suitable for Grandma. (Grandma may need to get a job.)
Fed’s plan appears to…
Interesting WSJ article from a couple days ago (October 5): “Markets Are Stuck in Overreaction Mode” by James Mackintosh. I won’t attempt to quote any of it. But maybe some have access to the WSJ or might find another accessible source.
I think M…
Nice @Crash. For those not “in-the-know” that’s (the top one) the very talented Yves Montand who co-stared with Streisand in the same film. Just recently discovered and watched this gem. Those who were around in the 70s, I think, would really enjoy…
Interesting responses. Thanks. With millions of ordinary folks daily pulling up their portfolios on every conceivable device, gardening wouldn’t be the first thing I’d think of. Appears to me more like a tortuous high speed race track with some cars…
I feel it’s educational to follow a portfolio. By so doing one comes to understand and appreciate the interplay among many different types of investments. However, to a degree, it’s also counterproductive. Suspect a lot of us could post better retu…
Timing of distributions is an interesting question. I’ve doggedly taken them from the Traditional IRA and allowed, for the most part, the larger Roth to grow. Generally, my needs require a somewhat higher amount than the RMD would require. This of c…
And the actual reason for this reversal is... "just because" ??? (Not that I'm complaining, mind you.)
Somebody in a big hedge fund somewhere plugged their algorithm-laden computer in backwards yesterday morning. Just haven’t noticed yet that it’s …
If you're going in, probably smartest to keep a close eye on the exits. Probably a trade only.
If you’re going in …
Same precautions as wading into shark infested waters. :)
The only thing I track that’s down right now is Cathy Wood’s new fund XARKX - off slightly. Her ARKK, however has been running about +7% today. Go figure.
“Is this a selling or buying day for you ? I'll be watching as for myself.”
It’s a “nothing …