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.
Very good point, @LewisBraham. As for having stepped in other stuff while looking for wealth, that’s another analogy. Technical analysis makes no sense to me, either.
I’m with @MikeW in NEAGX/NEAIX. The latter has a TF at Schwab, while the former is NFT with a huge ER. I added to BCSIX recently after selling quite a bit a few months ago. Sticking with DVSMX despite bad slide. BRSVX is a new position, bought in Ma…
No question in my mind that lithium (LAC, in my case) may be supplanted by a more environmentally friendly product. There is controversy about LAC’s desire to develop the Thacker Pass site in Nevada and risk overhangs the stock. I’d liked to see US …
@catch22: I have have PBL, TAN, ICLN, and QCLN on a watch list, but I own none. I do have positions in DQ and LAC, both of which are indirect plays on clean energy. I keep the positions small and I take the investor’s equivalent of Dramamine before …
@WABAC: I agree with you on water. I have a decent amount in FIW, and I have stuck with it despite drops since late 2021. The fund holds companies whose business extends beyond water per se, but I think they are solid industrial companies. Lots of g…
@Crash: During our two weeks in HI in April I wondered how I could function in your time zone as a resident. Not just following the markets and trading, but also watching live sports. I rarely place orders after 4PM EST or before the markets open, b…
@davidmoran: a recent SeekingAlpha article and follow-up discussion show that some are uncomfortable with the fund's market-timing strategy while others think it's the fund's secret sauce. Apparently another fund in the Victory family, CDL, resemble…
Thanks for that link, @LewisBraham. I read the managers' reports and I was struck by the overlap in their funds. The fact that the bad apples were held in more than one fund strikes me as concentration squared or trebled. Wayfair and Upstart did big…
@Mark: The maverick senator from AZ has not said she’d vote for the bill as it’s been presented to the public. The drafters sneaked in another jab at the carried interest loophole without telling her. It’s reported she receives backing from those wh…
The value tilting funds I own have loaded up on oil since the March 2020 weird pricing, particularly SMVFX, SMXAX, GQEPX, and COWZ. I did not own any of those funds in early 2020.
@Old_Joe: I think you should hang on to ASML. Most foreign funds I respect seem to hold it and many of them also have Taiwan Semiconductor. It may be that China would like to get its hands on that company, but I pray they are level-headed enough not…
FWIIW, shortly after opinions were registered late this AM about the market being down, the whole shebang turned positive and finished well in the green.
Like @MikeW, I added to MOAT on days when market was coughing up red. I am seeing certain stocks getting pummeled after reporting decent earnings while others are being rewarded. Many would say conditions are treacherous and that Wednesday's rally i…
ISTM that the fracking industry, probably with help of lobbyists, succeeded beyond expectations in hoodwinking the public into thinking fracking is patriotic, good laissez-faire economics, and beneficial to the country. The industry seems to have su…
@WABAC: thanks for all the research you put into compiling your buy list and for sharing it here. I share your interests in infrastructure (PAVE and GLFOX chez moi), water (FIW) and green energy. GRID was unknown to me. I have added recently to BHCF…
ISTM that the interactive M* charting has once again disappeared. It used to be available in the "Quote" and the "Performance" tabs, but I can no longer see it. So many members have given up on M* that maybe I'm the only one who noticed.
I agree with you, @sma3, on Sirius. For $99 per year Apple Music offers practically everything ever recorded. My tastes are somewhat similar to yours and the only recordings I cannot get on AM are Harmonia Mundi’s catalogue. I wouldn’t know about op…
@hank: I still feel jilted by TMSRX, the first fund I ever owned in the « alternative » realm. To think that I recommended the fund to my daughter who was a newbie to investing.
Since then, I have had much better luck with REMIX, though nothing to …
@hank: the only difference I know of regarding stocks or funds in a brokerage account is that ADRs are ineligible for automatic dividend reinvestment. This is true at Schwab, FWIIW.
@davidmoran: a SeekingAlpha author today claimed that CDC was currently 75% in cash and said this was part of the fund’s mandate, given the weakness in the market. Are you holding any?
@davidmoran: Snowball profiled HAPY a couple if months ago when it came to market. There are links to its methodology; in a nutshell, companies whose employees are satisfied see outperformance in their stock. My reaction to reading the list of stock…
@Mark and @rforno: I try to think positively by repeating, « stocks are on sale. » It doesn’t always calm the jitters, but it helps. There is still ample dry powder, and I’m deploying it.
@davidmoran: my faith in COWZ remains intact, but it has been tested in recent weeks. I did reduce MOAT as its methodology put it in a tough spot. Of course it underwent holdings changes at the end of Q2, so maybe a trajectory that made me queasy wi…
@Derf: it used to be possible to average one’s income over 4-5 years, thereby reducing the pain from a big spike. The IRS did away with that provision, but I don’t know when.
@catch22: one other consequence of a one-time jump in taxable income is your Medicare premium rate, which is income-based. The premium is automatically jacked up, regardless of the reason, and stays there even if that year is an exception. In time, …
I took a look at the SC funds mentioned in Barron’s. Didn’t find one that would make me change my mind about BRSVX. The screening used M*’s « quality « metric. BRSVX does not measure up, or so it seems. AVALX has been mentioned on the board previou…
I have not looked into this, but the idea popped into my head that maybe the airline industry got treated too well during COVID and the DT administration. There has been reporting of late on huge waste and/or fraud in what was paid to businesses.
