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?
For international I stick with FMIJX as a good risk-adverse way to go. I have 2 global funds, one that fits my risk tolerance, SGENX, and another global to cover small caps, GPGOX FWIW.
Interesting question @Soupkitchen.
I've contemplated it-retirement, but at 65 I haven't pulled the trigger yet. But I have given plenty of thought to when I do. My thought for setting up withdrawals for when I do retire would be to have a cash buck…
ETF Wrap
An ETF wrap is an investment portfolio in which an investor, with or without the aid of an investment advisor, invests solely in exchange-traded funds. more
Yes @Old_skeet, I'm reading the Ivestopedia definition again and I see nothing to d…
From your link:
A wrap fee is a comprehensive charge levied by an investment manager or investment advisor to a client for providing a bundle of services. Such services can include investment advice, investment research and brokerage services.
Exact…
If I buy ETF's I have to hold them in a wrap fee based account. For now, I'm staying away from wrap fee accounts plus I can buy at discount in a good number of mutual fund families, Invesco being one of them.
I guess I'm also pretty lost on this com…
Trade talks will likely be resolved with little to nothing accomplished accept that it will be used as a "great' campaign tool in the next election. What can't happen for the Trump 2020 campaign is for the economy to slip into recession because of …
Lots of reasons to hold managed funds - low cost ones can do well, some categories are not amenable to indexing, some funds are unique.
@msf, thanks for the input. I agree with 2 of your points, "some categories are not amenable to indexing, some fu…
@FD1000, what managed bond funds do you use? Right now I hold 2 bond mutual funds, IOFAX and MAINX. I've pulled out of bonds quite a bid in the last 6 months and put that money into 1-2 year CDs. The rise in CD rates has stalled and now I think CD r…
https://www.schwab.com/public/schwab/investing/investment_help/investment_research/etf_research/etfs.html?path=%2FProspect%2FResearch%2Fetfs%2Foverview%2FoneSourceETFs.asp%3Fsymbol%3Dundefined
Above is the no cost ETFs from Schwab.
Can anyone expl…
The best 1 year CD option at Schwab right now is 2.5% from Wells Fargo (actually 13 months). Pretty poor pickings compared to a few months ago. The MM is at 2.33%, so not a lot of incentive to buy more CDs right now - for me anyway.
I have put som…
I didn't read the article, but it seems this bar-bell is no different than the bucket system. So why wouldn't it work if you have enough in cash to hold out for any down turn in stocks to recover? Difference is that 10% cash for his wife could proba…
Thanks David, but I just don't see the significance in how it did in the 4th quarter down-turn if you are holding it as part of a long term portfolio strategy. Maybe I just think differently than others. All fine funds you mentioned, but they have n…
@Sven, DSENX is not a balanced fund (as thoroughly discussed in past discussions here. msf I believe had some good info on that point) so that comparison you gave ends up being apples to oranges. I suppose it could be called a "hybrid" type fund for…
JN, you may need to look for a new job for you and your wife if you are making less than the $34,000 that gets you into the "exclusive" 1 percent global wealth club. I bet you at least fit into the top 2 percent.
David, why would you need a CAPE stand in?
You turned me on to DSENX years ago and it remains one of my top holdings. FDSAX seems a poor substitute for DOD and it hasn't even kept up with the S&P500 let alone DSENX. Some times more is less. M…
Thanks old skeet for the explanation, but it didn't clarify the dilemma between one fund managers strategy being adaptive and a collection of different strategies likely zeroing each other's adaptive approaches out.
I guess from an outsiders pers…
...by holding a good slug of hybrid funds has made my portfolio more adaptive to changing market conditions through their use while, at the same time, spreading fund manager and strategy risk.
Sounds nice but in fact aren't they two contrary ideas. …
@FD1000, you make a good point looking at the last 3 month spurt. In that case I agree the time to buy was 3 months ago (sounds like a Geico commercial :) ). I was looking at it as what to expect from a long term, next 3-5 years, investment in Munis…
Just different personalities @Bobpa. Personally, my recommendations don't need validation so that wouldn't bother me (I have a smaller ego maybe?). Keep participating. Everyone gleans something from these types of posts and subsequent replies.
I'm not seeing any evidence why Munis would return any more than the MM you are in. They have been a go-no-where investment for over 2 years now. Curious what you see that is going to change that? No, I don't think you can be late to the party. Quit…
I thought we just heard in a hank post there may only be 1 rate hike this year. Where to put cash is getting more complicated with CD's lower then they were a month or two ago. I expected them to keep rising so i was buying them slowly. Now what?
Coffee means Bloomberg. Gold this morning has shot up to highest level in about a year. $1310 at 11 AM. Many including @MikeM here have been positive for a while. I have a small “sit tight” allocation. It’s part of my 4-fund real assets corner. Been…
Gold did well in December when stocks were plummeting, but the trend up has paused in January as stocks have reclaimed some of their loss. I bought a little IAU in Dec and a little more at the start of Jan. I expect a rocky 2019 political road so I'…
Obviously you don’t monitor the markets intraday.
Of course I did, and do.
Hmmm, this may be the real question. Why? As far as I know you aren't a day trader, right?
Love that one @Ted.
I suppose rules are different per state. I filed for UI back in 2015 after getting furloughed from a job. Had to wait I think 2 weeks before being eligible (not paid for those 2 weeks). Can't remember what the weekly payment was, but it wasn't much.…
I was wondering if Federal employees who are furloughed receive unemployment, and I think they do. I hope they do. Maybe it might be different state to state.
This really has become a national disgrace though not surprising given the countries cha…
I've owned GPGOX from inception and I added EVGBX over a year ago when I could not add to GPGOX because of closure. Both are similar in structure in that they are both global small cap and they have similar returns. I don't plan any sells or additi…
Is 2 weeks long enough to call it momentum ?
Well, the trend (momentum) I'm watching has been 6 weeks (since dec. 1st). I see by definition calling it a trend seems to fit. It's been a gradual increase of 6% over the past 6 weeks. Now, is the moment…
@Hank, I agree with all you said. Not normal times.
I am playing a "gimmick" so to speak myself. I made a second momentum play in gold today, IAU. It has been trending up since Dec. 1st. It has paused slightly the past week or two, but there is a l…
@Old_Joe, "9dupp" is a well known internet term that means "to heck with you Ted, I can post whatever I want". I'm surprised you didn't know that :)
The "pls delete" part I'm still trying to research. I'll let you know what I find.
