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?
...It had net outflows of about $1.6 billion...
@hank, I saw that this morning and immediately thought of you. I thought maybe a pretty good chunk of that was from you pulling out :)
edit: for the record, I've actually increased my stake in PRWCX …
Hi @Sven. Well, the 7% might be misleading. It's 7% of my self-managed portfolio. I've mentioned before, 1/2 my money is in a robo, 1/2 I manage. I've held gold in the 3-6% range since covid. I started this year at about 3%. I do think it has legs, …
I've lost tract of when that was @hank. Definitely Fund Alarm days. I think I started watching FA around 2006-7 or so so probably around that time. PMs and Asia EM were the hot sectors. Harry Brown's permanent portfolio was also talked about a lot. …
Glad to see you post on this topic @rono. Goes back to your Asia and the Miners days... maybe without the Asia part :)
I've never been successful with the miner ETFs, so I've been playing this break in a more timid fashion with IAU and to a lesser…
@Old_Joe, if bond funds have already suffered the FEDs rate hikes, might they be a better alternative 2+ years down the road. I do understand trying to lock in a safe 5%+, but according to the yield curves that may not be feasible.
I've had a hard time justifying buying more treasuries or CDs at current yields when the Schwab MM is at ~4.7%. It's a guess whether 3-12 month rates will be going up or down in the near future, so 4.7 doesn't seem like a bad holding place.
How a fund plays defense via risk control seems essential to me to think about if you’re a long-term investor.
Thank you, @LewisBraham. I enjoyed your article over coffee this morning. I agree totally with your sentiments above and I was happy to se…
@hank, REMIX is like every other alternative fund I've ever encountered, it's good till it ain't. The minute one of these funds have done well enough to get a lot of press here at MFO it is the time to sell, not buy. Just another learning experience…
Hi @hank. I took a position in IAU back in the covid days and I have actually made some money on the gold ETF. But, like you with your permanent portfolio and miners, I keep the percentage at a conservative place. I was only at ~3% at start of this …
Low RSIs now can be found in financials (of course, banks) and small-caps.
And low is a relative term. A trend shows both of them low-er a few weeks ago. VB dipped below 30 (oversold), now at 47.
The gods certainly favored the Huskies through out the tournament. With all the top seeds going down they couldn't lose with in that finale 4. But that's what makes this a great tournament.
I've been watching RSI for all my stocks and ETFs and really for me nothing is worth adding to right now. By 'buy' I just mean significantly below mid point. Things were more attractive 3 or 4 weeks ago.
My biggest mental obstacle has always been …
Certainly a lot of talk and excitement for this ETF, but do we know when it is scheduled to come to market? Maybe I missed the scheduled date(?) I didn't see it in the original link.
Has anyone heard of a TRP affiliation with a mutual fund boutique called Thirvent Funds? They have a whole gamete of funds, some of them 3 to 4 star allocation funds. Some of their funds managed by TRP managers.
I only mention this because if you…
I thought I knew what stable value funds in a 401k were. I used them for years, but what you show looks to me more like an annuity. See below statement. It's confusing to me that you can buy these TIAA products at these types of rates as a savings v…
True @Sven, many changes can take place. But the reward (and risk) are amplified in longer duration TIPS. I can see, or hope, that at the end of this rate rising cycle the risk/reward may be on the side of the mid to long duration investor going for…
I love my beer, especially stouts, porters, brown ales and scotch ales, but I'm not a fan of Bavarian style wheat beers. Cloudy is their trademark. It's an acquired taste that I've never, well, acquired over 55 years of drinking beer.
@Baseball_Fan
Per Billie Joel:
You may be right
I may be crazy
Oh, but it just may be a lunatic you're looking for
Turn out the light
Don't try to save me
You may be wrong for all I know
But you may be right
The future is clear as mud.
@AndyJ, yes. Not just as a default. Under Jim Boeheim for the past 40+ years they have played no other defense except the zone. Like Boeheim, it's outdated and way past its effectiveness. The game has evolved to where most teams have at least 1 or 2…
I've always loved the Big East and still listen to games on the radio, so I'm somewhat familiar with how good Creighton is. I did have them going to the elite 8 but not the final 4.
Truly, I believe it was a big mistake for my Syracuse Orange to l…
Yes, good stuff this week I thought. Enjoyed Lewis's article. I agree with the bearish take on “Up & Down Wall Street”. If not bearish, then added volatility through the rest of the year. The consequences of the FEDs rapid rate hikes are going t…
I've become enamored with AVGE, Avantis All Equity Markets ETF. I don't know what the future holds, so the appeal of a diversified equity portfolio fund makes sense to me. It's a fairly young fund-of-funds holding which has been highlighted in MFO c…
The sweet 16 was devastating to my pool but I'm sure it was to many. My only final 4 pick left in the running is Uconn. SD State and Florida Atlantic (who?) were killers.
Edit: @Crash, I generally cheer for Gonzaga when I don't have a bet on the o…
@LewisBraham, have you ever come across any evidence that one or the other, concentrated or not funds, outperform the other on average? Since most funds don't perform better than an index, it would be my guess that on average concentrated funds don'…
I have to ask since this tropic comes up often. Why does a Schwab or Fidelity person, which I think a majority of us are, care about M*? There are pretty good tools in each brokerage. And for fund analysis, MFO is "really" good. Maybe the best if yo…
After yesterday, I'm just a point out of the lead on our office pool. My final 4 is the favorites Alabama and Houston along with UConn (and Duke which didn't make it).
Something to cheer for since my team, Syracuse, didn't even make the tournament…
Never quite understood why SOR is out there, but you can buy it for free at Schwab, although the mutual fund will cost you $50
Strangely enough at TD Ameritrade, FPACX is NTF. I own it in my TDA Roth IRA. I wonder if when the Schwab-TDA marriage com…
:) I can’t begin to imagine being able to trade in and out of a clone of PRWCX at will. Never felt it was managed for that type of use.
No where does it say this is a clone of PRWCX. Actually, it suggests it is Giroux's attempt at an equity (stock) …
Yes, thanks for sharing yogi. A cousin maybe but certainly not a clone, PRWCX being an allocation fund and this ETF sounding like a straight-up equity fund.
Just a question to think about, is Giroux's magic with PRWCX his stock picking ability or …
Inflation protection is certainly a misnomer. TIPS suffer the same fate as all bond funds and ETFs during rising rates. Duration matters just like all other bonds. I didn't know this until a previous thread was posted a few weeks ago. But that said,…
