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?
Thanks @Old_Joe. Buffalo's football fans are some of the most diehard and loyal in the NFL. During a snowstorm last year that saw close to 7' of snow, a guy went to Josh Allen's house with his snow blower to clear his driveway so he could get to the…
Agree @davidrmoran. I don't trust religious zealots anyway, so I would not be one of his "like minded" investors.
His wife was right. He is the worst marketer of his funds.
No surprise on stock holding, but then again, why would they be any different than PRWCX and TCAF? I think if yo buy PRCFX and sprinkle in some TCAF, you have something that taste pretty much like PRWCX :)
We can always learn something from each other...
Sorry @Baseball_Fan. I learn nothing from repetitive gloating nor can I believe someone who always says they made the perfect call - after the fact.
I'm guessing many folks left RPHYX (I am also currently a shareholder) because one could do better in treasuries over the past year or so.
Ah, there was a lot of talk about that, but it didn't happen. I believe RPHYX outperformed treasuries - again…
Wifey prefers that I continue to move more from tax-sheltered to taxable.
That sure sounds like a bad idea to me @Crash, unless you are paying taxes now and converting to a Roth.
The difference between FD and most here is that his trades are always in the past - sometimes by weeks or months
And remarkedly, he's never been wrong :)
My own opinion on the current holdings in a managed ETF, not sure it means to much other than looking backwards. Maybe CALF has avoided financial for now but could make it a high percentage going forward. Who knows. You have to have faith in the man…
@BaluBalu, I'm guessing M* is being customer focused. They make their money on institutions and people who handle money for others. That's their customer now. Their perceived customer just isn't you or me or anyone else on this forum.
Ahh, the age-old difference in opinion on how many positions are ideal in a portfolio. Many go for the perceived (index like?) comfort of volume and others can be decisive and have less holdings. Personally, I do think having many or "toe hold" pos…
And now it's time to look at 2024!
What I've noticed gathering steam over the last month is REITs and the obvious, small caps. I know the pundits love SC's going forward. I haven't read anyone promoting REITS, but I wonder. I picked up Avantis Rea…
As mentioned, M* is a publicly traded company with the priority to make money for their investors. I believe the stock has returned in the +30% range YTD. PE ratio is in the 170's, overvalued maybe, but it does indicate investors like what M* is doi…
I wonder if much of the outflow isn't self-induced. My prior company's 401k accounts were with TRP for over 30 years. All accounts were transferred to a new custodian, Merrill Lynch, earlier this year. I wouldn't be surprised, just from this one com…
:) Fair enough @Crash. But we both know Giroux and his investment process is no pig-in-a-poke. I'm fully invested already, but my circumstances are different. I had a lot of cash that needed a longer-term investment.
I'll take the added risk and add that $ into bond funds and into balanced funds - both of which I've been buying for the past few months. I'm not opposed to keeping money in the Schwab MM at 5.27% either. MMs seem to be holding up better than short …
Still DYING to see the ACTUAL holdings.
Not to be belligerent, but why? If you don't agree with the holdings, are you going to tell Giroux you disagree with him? So many have said, I need to see the holdings, but I don't get it. I know I'm not smart…
I remember that M* "phonebook". My wife and I used to go to Barnes & Nobles or Borders quite a lot many years ago. We would spend an entire afternoon there. That M* funds book was my go to, sit-around and drink coffee entertainment. I would spe…
After pulling out significantly from of my Schwab robo earlier this year, I've been adding most of that money back into balanced funds, both conservative and moderate. The "balanced-funds-are-broken" mantra, I thought, was always a dumb knee jerk re…
I've held HC fund, JAGLX, without much gain this year, but I think it would be a mistake to sell the Health Care sector now. Besides, I added it as a buy and hold. Buy individual HC stocks? - probably not. On the Energy side, I made a couple bets on…
...will do well as we reallocate more from treasury...
Same here @Sven. Been building up an investment in RSIVX the past couple months. RSIVX is NTF at Schwab but has higher exp ratio than RSIIX, which does have a TF. I'll switch and pay the $50 TF…
The Christmas rally trend starts when they start putting Christmas decorations up at Home Depot and Lowes. Somewhere in October. But seriously, as I think someone else said, I've always seen Oct, Nov and Dec as the Santa Clause rally..
The average …
Ha, that puts you and I in the everybody-is-different category @hank :) I'll never go back to a sedan.
Rav4's aren't my favorite vehicle for the reasons you gave. My wife has a 2013 Rav4 and she likes it. I really like my 2019 Subaru Outback. It ha…
I recently decided to dip a toe in real estate with AVRE, Avantis Real Estate ETF. I wanted to watch the trend. I got a feeling by mid to late 2024, if the Fed lowers rates, this sector may do well. It's due to recover. But, what the heck do I know.…
Does anyone on this forum think investing in Musk companies is a great idea?
Yes, I do. But I haven't, so far. I don't like the guy, but investing in him has been and will likely continue to be lucrative.
To me, Tesla is not just an electric car c…
...with folks going to 'grandmas' house for the holidays and driving way too fast through the snow drifts on the back roads.
Jeeps fall apart driving to grandma's on a clear sunny day.
I owned a couple Dodge and Chrysler Plymouth vehicles back in the day (90's, 2000). I told myself I would never again buy another one of their products - and I haven't. Interesting to see their Jeeps are still some of the least reliable cars on the …
Thank you @bee. I actually don't view these too often, but I had to listen to Giroux.
Some interesting relevance to recent posts here at MFO around, AI, AI used in Health Care, high quality junk, a 5 yr outlook on their stock picks (GE for an exam…
At 69, soon to be 70 in a month, I guess I fit the articles mold. I've continued to work as a contractor, part time in the summer (love my golf days) and mostly full time the rest of the year. It's been a nice gig for me for many of the reasons ment…
I suspect that Mike meant to say "not infallible".
I did @Old_Joe. Thanks for the correction.
What's always screwed me up with that word is that I was indoctrinated in grammar school by the nuns saying that the Pope was infallible. Even at a youn…
@Tarwheel, @Sven, by law, I don't believe TRP or any fund company has to publicize or update their individual holdings other than quarterly. You should be able to see holdings sometime in January.
edit: FWIW, I dove in head first on PRCFX. I'm not…
