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.
Yesterday, right on schedule, the IRS collected my balance and estimated taxes. My Schwab account absorbed the punch. I thought for a moment the market had set a new low, just looking at my overall balance. I moaned and groaned, but the process work…
We have taken the big plunge, spending two weeks on two Hawaiian islands. Despite masking up on two long flights, I managed to catch an ugly cold three days along. I have hardly been sick since Covid began and felt far worse worrying about what viru…
@Old_Joe: I believe what you have written about the separation between news and opinion at the WSJ did in fact exist. I was a long-time reader until about two years ago. I had no quarrel with the investigative reporting (on Elizabeth Holmes and on a…
I thank the people who do things for me by saying, “Thanks for working today.” They smile, seemingly pleased to be recognized. The unspoken reality is that there are many who choose not to work.
Since DCPE started trading last week, I have been watching its price movements compared to those of CAPD, which I own. I thought I might be able to discern what the DoubleLine team are doing as opposed to what goes on behind the scenes at Barclays, …
@Puddnhead: HC has disappointed in last 2 years. I watch RYH and a couple of select biotech stocks to try to detect positive sentiment in HC and I finally see some upward momentum. (Mentioning it will surely kill any rally.)
@stayCalm: have you found a way around the $1M minimum investment in MAFIX? I was going to compare it to BLNDX, but did not want to spend time on a fund I could never buy. Following up on @BaluBalu's comment, I wonder what the six subadvisors' funct…
@Catch22: if I understand correctly, the selfie route can be avoided by an interview with an ID.me agent. The selfie choice is presented as being faster.
@Mark: thanks for posting this. I took a quick look at AVALX, a supposedly SCV US fund. It’s 87% non-US and is highly concentrated in basic materials (71%) and energy (23%). Thassa some spicy meatball! Don’t know the fund, so I have no idea what st…
Many good points made on security. I did not want to overload my tale with detail, but others may relate to the following. Our USPS deliveries and pickups have become so erratic that I have lost faith. The 12 houses on our street, served by a row of…
@Ben: I think the term « tax advantaged » would have been more precise as it covers all types of retirement savings instruments, including both common forms of the IRA.
@David_Snowball: thanks for the chance to get First Sentier’s take on US infrastructure exposure. I was surprised to find that the fund holds almost exclusively energy and utilities stocks. I have put some money into PAVE, the GlobalX US Infrastruct…
Maybe those here who expressed some skepticism about the need for another GP fund when this one was announced had their heads screwed on right. Is it a sinking fund dressed up as a MF?
As @MikeW says, GQEPX is worth consideration. For its first three years of existence M* classified it as LCG and gave it low marks in its comparison group. Recently, ISTM, Jain has embraced a value discipline, a development M* recognizes in its styl…
Never heard of this fund. Quick look says it lacks both strategy and growth. The proposed reorganization does not appear to address the fund's problems.
@Old_Joe is right. Our chitchat is illegal. We MFOers have so much capital and influence that all we have to do is mention a fund or stock favorably to effect massive buy orders. The obverse must logically follow. If a single member becomes disench…
FWIIW, the Providence Journal was a staple in our household when I was a kid. Utilities buy-outs can work well for the investor if the stars align. A few years back, M* signaled that ICT, the electric transmission company, was a possible target. Sur…
I agree with @sma3 re: how to figure out why a CEF zigs or zags. I thought SOR was an attractive option about the time of the changes noted above, but decided to bail after holding for a year.
For many years I subscribed to the WSJ at a really low price for academics. I reasoned that if I read it and the NYTimes I’d be able to know what the “other side” is thinking. Two things pushed me to cancel the WSJ: the price almost doubled and way …
I think you’re right, @hank. Colbert seems to have to spend a lot of time with celebrities pushing a film or a book, or promoting CBS programs. Jon Stewart is a major owner of the show, I believe. In my view, Colbert has failed to put together a ca…
Call me stodgy, @Charles, but Ms Scanlon's "style" of communicating perplexes me. Other than the irritating reliance on links, redundant pictures of Twitter pages, and the over-use of quotation marks, I found this sentence to be opaque:
'It sort of…
You are right about water funds, @sma3. I own FIW and its industrial tilt has not escaped the market downturn. I have been in and out of KROP (AgTech and Food Innovation), a more indirect play on food price increases. I'm back in now, along with PDB…
@hank: our 2017 Accord has no volume knob for the sound system, however our 2019 Odyssey does. I heard that Honda owners complained about no old-fashioned volume control and the company responded. How about your Accord?
We have a 2017 Accord hybrid, great car. Leaving my Odyssey in garage except for hauling people or stuff.
Tempted to unload some gold and silver coins we inherited in 2012. Tilting towards commodities with a modest position in PDBC and unloading s…
@Old_Joe: any more down market days, and many of the previously staid will get goofy. The new Nissan Z, in yellow no less, has a spot on the cover of Consumers Reports.
