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.
Dunno. I added about 5 more trackers this morning. Figure if 2 agree on something it’s probably about right. Agree there are different reporting periods. And some aren’t up to date. Still, the difference here is concerning. Fido is great on mutua…
If the nightly network news is a reflection of what the vast majority of Americans care about, than we are indeed in trouble. I watch primarily out of habit, but also to try and understand what folks care about.
Lately, weather’s been the lead sto…
I don’t think anybody should invest based on those kinds of projections - or even their own amateurish “macro” views. Know your risk tolerance. Have a plan in place before the jello hits the fan. Follow plan. I think it may be fun / entertaining to…
Seems to me that the Russians are doing everything in their power to ignite Ukraine, not the markets.
Yep - I’d already deleted my earlier reference to the war in the prior post. Apologies.
As I’d mentioned, I heard a market “pundit” (they’re “ch…
Generally, when I start running out of cash to throw at these things, they turn up. Running on less than a quarter tank now. (Enough for 2-3 more dumps.) We shall see!.
:) Fooled me. Rosenberg is featured quite often. Tends to be in the morning hours however.
My Lord, his T bonds couldn't have fared very well today! Rough day on bonds.
He has a weekly interview series on Bloomberg Weds at 9PM. I like the discussions but hate that they feel the need to interrupt Asian market coverage mid-week to run an hour of other programming, of which this is one of them.
Wish they’d can that …
Here’s a link. https://nypost.com/2022/09/04/bed-bath-beyond-exec-gustavo-arnal-idd-as-nyc-jenga-building-jumper-source/
Sad. Life gets complicated. (Not a great way to deal with that.) Of course BBY has been in the news recently as the stock has…
Thanks OJ. I hadn’t realized the extent to which Boeing was involved in this. Geez. You can’t even trust them to build a safe passenger plane on their own ….
Wonder if these flawed 2 launch attempts will result in Boeing CEOs having to cough up …
Methiinks they need Elon Musk to review WTF they’re doing …
Don’t care for the practice of appointing political favorites to head NASA. I believe Trump began the process. Nelson was one of the last civilians allowed to take a “celebrity” ride on t…
Yeah - That right leaning “straight-from-FAUX” crap doesn’t deserve a reply.
To attribute what’s left of ARKK’s prior valuation to still gullible investors and / or shoddy accounting at this point in the game is to ascribe to those who initially…
Listening to NASA news conference at this moment. Sounds like human error today. Somebody “over-pressurized” the SOB during fueling leading to a big hydrogen leak.
Complicated stuff for sure.
Too political. I view this as more about the “madness of crowds” than anything else. May drop another 50%. As a confirmed bottom feeder I”m comfy holding a tad. With NASDAQ off over 25% YTD some of the excesses have been removed.
@Anna ,
The question was from @davidmoran.
:)
Unless you’ve been actively investing a long time and enjoy “The hunt” I tend to agree with him. Your stated loss is very low. I track 40/60 PRSIX and it’s down over 10%, To be down 7% or less wou…
@JohnN - I’m surprised how bonds have fallen so rapidly. My GNMA fund has been hit hard. However, I view it as a hedge of sorts. Obviously it hasn’t functioned in that manner lately. But the market is throwing lots of curve balls. Just try to duck …
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 .…
