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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
Thank you @hank for clarifying a bit more. It's just BS to say this fund did well in this time frame but didn't do well in another, so you should have magically known to sell this one to get into that one at this precise time. The question is, does…
The SP500+QQQ has been great since 2010. From 2000 to 2010, the SP500 lost about 10% and QQQ lost almost half.
FAIRX was a great fund during 2000-10 but has been far behind since 2010.
ICMUX made more than PIMIX for 3 years (chart)
But PIMIX made mo…
It's my perception that people who move in and out of funds are "fund" investers, maybe even collectors, not over-all "portfolio" investors. My hope is having a portfolio that trends upward with the least amount pf volatility I can obtain. The portf…
@WABAC, you may have sat in the station too long. The bond-train left the station when discussion and anticipation of lower rates started, around the start of 2023, right around the time many were heavily focused on short-term bond safety. I still b…
I'm just looking for some things to beat SPAXX
My goodness. No jumping needed. Any of the Riverpark or Crossbridge funds have been doing that since the start of 2023 with the smoothest ride you can ask for (RSIVX, CBLDX for example). Heck, even the…
what percentage of your portfolio makes up alternative funds
Hi @BaluBalu. About 20% total. Hedge/options funds make up 15% of portfolio. 5% now in a market neutral fund (traded out of BLNDX to buy).
Options trading funds
JHQAX 12%
PHEFX 3%
Mar…
FWIW, I asked Google, "are bonds in Nordic areas a good investment"
Answer:
It found that in the 20 years through 2022, Nordic companies “have outperformed their global peers on value creation, delivering an average annual total shareholder return …
@gman57, to quote Billy Jole:
You may be wrong but you may be right
I hope they know they came out a winner already and just play the diplomatic game. A war with Iran would be really bad for everyone, including Israel, the US and the rest of the wor…
Well, it drove oil prices up today.
Hopefully this is seen as just a well telegraphed saving-face action by Iran and Israel's response will be tempered, much like a few months ago.
I pulled the trigger a couple weeks ago @fred495. I traded in my BLNDX money for QQMNX. BLNDX has been a fine fund, I think, but the ride can be as bumpy as the S&P 500 at times. I did want something less volatile to contrast the market, which Q…
Where are these watches made? A mystery.
It's unclear where the watches are being manufactured or the maker, with the website only noting that the Trump timepieces "are not designed, manufactured, distributed or sold by Donald J. Trump, The Trump Or…
Energy seems to be one of the only sectors that seems undervalued. I've been playing with the home builder stocks also as mentioned earlier, but they may have already priced in the current rate cuts.
Have been buying CVX (Chevron) to play energy. …
@Crash, Gifford was a half back. A 'flanker' is an old term used for a specific receiver position. I think that position has morphed into what is called a slot receiver nowadays.
I remember all those old Giants names too. I liked them but as a kid…
A Bills - Packers super bowl would be a dream game for me. Bills have suprized me out of the gate. I new they would have a good defense again, but the offense, specifically the offensive line, is just rolling over teams that I thought would give the…
Been adding to home builder stocks, DHI (DR Horton) and PHM (Pultegroup). Still pretty small positions overall but I want to play the trend. My biggest holding in that arena is BLDR (Builders Firstsource) which I've bought and sold a few times over …
Maybe you are too young for this saying:
Hypocrisy
The idiom “the pot calling the kettle black” is used to point out hypocrisy12. It means that someone is criticizing another person for a fault they have even though the criticizer is also guilty o…
FD said: This is no different than what some posters do on investment sites.
They regurgitate essentially the same information (with minor intermediate changes) ad nauseam.
Wow. If that isn't the pot calling the kettle black, I don't know what is.
Who wants to risk 10% chance of having no money?
And the invers might be, who wants a 90% risk of not enjoying life to its' fullest.
That said, I personally won't be taking 5% because I don't need to, but the thought of taking 3% sure sounds safer.
Not sure why there is so much interest in this fund now. Its YTD performance is 48 percentile and it is a $62B fund with idiosyncratic sector allocation.
For me, if you are going to hold one fund forever, this would be it, (unless something drasti…
@msf, my 401k from a past employer transferred from TRP to ML last year. I've only kept the 401k because I cannot transfer PRWCX in-kind from a 401k to an IRA. The odd thing about the ML 401k account is the account is not direct from the Merrill Ly…
Thanks for the heads-up @WABAC. I have wanted to add-to PRWCX in my 401k at Merrill forever. It would never allow me to do so in the past. I just put in an order to do so. Seems to have been accepted. Has a $49 TF but I'm ok with that. Fingers cros…
The 4% "rule" is not a rule at all. It is a guide. Adjust it as you may, but it is a starting point for decisions. Also, it has nothing to do with SS or pensions. It is independent of that. It has only to do with the life, or probability of the avai…
@hank, doesn't the Fidelity portfolio breakdown show what funds or percentage of a fund is categorized "other"? Schwab does, so I'm assuming Fidelity does also. I wouldn't be surprised if a good portion of other is in PRPFX. At least the gold and si…
My Schwab portfolio analysis lists about 20% other for me also. I suppose this is analyzed like Fidelity, given msf's comment that it repeats M* data. For me, I hold 2 hedged funds, JHQAX and PHEFX, that makes up a hefty 14% of that 20%. The rest of…
Started to dabble in home builder and builder supply stocks. I started buying BLDR, Builders Firstsource, back in April and have added periodically to it. I've owned this stock multiple times over the years and I like it a lot. Started a position in…
Thanks, @catch22 for the info. Yes, when I was looking to add income exposure over what I already had, I wanted an intermediate term investment grade corporate bond fund, so I know what I was adding. From what I read, junk or HY bonds are typically …
@Crash, I don't think it is any more volatile than other funds in its category. Probably the same volatility, standard deviation, as your HY fund you hold now. I just meant it is more so than what I already hold, CSOAX, RSIIX, CBLDX, RPHYX. IGIB see…
Happened upon IGIB. Eyeing it as replacement for the bulk of my junk bonds.
Ha, @Crash, I started buying this ETF a few weeks ago. So far so good, but it is kind of on the volatile side. At least more than my other bond funds.
I believe Gates and Allen went to IBM to sell their operating system at their very early stages and IBM management believed they could invent a better operating system. I believe they called it DOS. Intuitive management sure could have changed the c…
In my mind, playing a gold ETF versus playing the miners is 2 very different games. IAU has been a nice, reasonable trend for me since 2020. I know I couldn't handle trading in and out of miners to make a buck.
Thanks @Junkster. I really appreciate your input. Out of all the options you mentioned, DHEAX strikes my fancy. I have to say, you sure do find the smooth trending funds, but I know that is your forte. I invested in CSOAX a few months ago. I know it…
Hi @hank. I hadn't heard of WEA before so I took a look. That looks like one wild ride when added to the trend chart along-side my usual suspects.
On JMBS, I took some advice from something Junkster noted in another thread. Floating rate and mortg…
This constructing of a look-a-like mix of investments to match an existing fund seems ludicrous to me. Isn't that what an over-all portfolio is supposed to be? It is obvious there are different ways to get the same results. A little of A added to a …
I've been a happy owner of JHQAX for many years now and think of it's expected return and volatility the same as you stated, like a moderate balanced fund. But I also bought into the T.Rowe Price hedged fund, PHEFX, when it came out and have steadil…
I'm not worried about the fund investing in SPACS at all if that is where DS finds value. I've held SPC for over 2 years in my conservative withdrawal bucket and have found it to be a low volatility, steady eddy, positive trending ETF (5% 1Y return …
...and to make corresponding revisions to the Fund’s principal investment strategies.
Any idea what these revisions are? @davidsherman, can you fill us in?
