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.
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…
I can handle 1 or 2 bottles of Chivas a year. On the sweet side. But a decent change once in a while at around $36-37. I remember about 40-50 years ago when I was 25-30 spending a couple nights in a Gainesville Fla. Hilton. They had a machine right…
Re Scotch Whisky. It’s the only spirit I like and enjoy sparingly with some meals.
Nearly empty is a bottle of Glevenlivet 12 Year. At over $50 I don’t find it that much better than their cheaper Founders Reserve which ain’t bad at all. On the st…
:) I wasn’t recommending bonds @BaseballFan. I’ve slowly shifted away from bond exposure over the past year or two, favoring equities (both funds and individual holdings) over them. Re bonds - I’m fairly certain you’re right longer term. It woul…
I kept wanting to compare him to a recent and infamous X Pres. The bluster and disregard for conventional norms are there as is the diminished mental capacity. But missing (in the latter) is the “self-made” part.
Sounds like folks are defining “allocation fund” rather broadly. No problem with that. But tactics employed can vary substantially. I’ve long considered PRWCX closer to being an equity fund. Doubt there’s much limitation there on % equities allowed…
I’m not sure “thanks” are deserved here … @JohnN.
Generally, I’d stick with a diversified long-term portfolio. What I’d argue against is trying too hard to “read the tea leaves” and making big changes (ie buying / selling) depending on what you t…
May I humbly suggest that if one only bought equities when public sentiment was highly positive and typically sold when public sentiment (including that of TV gurus) had grown pessimistic he’d have a lot less money.
Implicit in the comment that "the Fed hasn’t a clue what they’re doing" is the suggestion that someone else does have the answers. I really doubt that.
“The blind leading the blind?” Gosh, things are worse off than I imagined. :)
ARKK is now down more than 60% for 1 year. Fell 5.92% today to close at $44.69 and than dropped about 30-cents more in after-market trading tonight, ending the week at $44.38
Just listened to Wall Street Week’s opening 20 minutes. Two knowledgeable…
.Your's is on back order then, yes ??????????????????
Was all set to write a check. Than saw they’re sold out until 2024. Too long to wait when you’re 76. That’s well beyond “mid life crisis” …..
(Maybe just “crisis”?)
Nasty.
Only area I track that held up is consumers staples. Non-dollar assets got clocked. So did investment grade bonds. I don’t track HY - but can’t imagine they did any better. Oil was up early but fell back. Miners of all variety, including p…
Thought I’d correct my earlier info. Actually the light is 7,000 lumens (not 750). Appears to pull 80 watts (12% of what the old halogens did) Found identical lamp at Amazon, but with a Stanley branded name and yellow rather than red colors.
Sorr…
Thanks OJ. My first impression was it was perhaps a unique feature of that type of LED light. Never had one with the grid pattern on the lamp surface before. Probably a couple dozen little squares on the face of each lamp. It took a lot of conce…
hank
Still good with proper operation of the LED array?
Sorry Catch. After 10-20 minutes yesterday morning the light seemed normal or “almost” normal. Limited use. I’ve been so busy running the logsplitter outdoors / hauling / stacking I haven’t h…
When … the printer commented on Dexter’s lack of punctuation. Dexter then decided to add a new page, solely presenting 12 rows of punctuation marks with the instruction that the readers “may peper and solt it as they plese”
Funny. The style seems…
Wow! Hopefully I’ll learn to put up with the light. Yes, the garage, while detached from the house and having its own breaker box, is fed from the same “main” outdoor power panel mounted on the side of the house. HD actually had a brighter 1,000 …
Hey Catch / After it had been on 10-20 minutes today the issue seemed to clear up. I suspect you’re correct. The garage has its own 240 / 120 volt power supply. Other things operating? Yes, I’ve an old plasma TV out there which was operating and …
Nice @LewisBraham. I’m very worried about many workers dependent on 401-K savings for what could be 20, 30 or even 40 years of retirement. I’m fortunate to have a DB pension. But those are now few and far between. And, when it comes to managing / …
+1 @Catch22 / No problem with continuing this one. Just that readers should check dates of earlier posts …
I do have a small hold in one large mining company. A lot of industrial metals including iron ore. And it was clear from the action in Asia …
Readers should be aware that any prior comments to Catch’s most recent one by myself & others are more than 2 months old. I actually skimmed some profits from miners last week - not enough it appears!
Edit: A few things are doing OK. ARKK was …
