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.
Support MFO
Donate through PayPal
davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
>> obviously there will be a lot of manager changes during that time.
Sure, except when there aren't (Tillinghast, Ahlsten, Yacks, those are the ones I know). Has TWEIX changed managers?
A useless piece, and worse, the more I think about i…
Sort of. These take the waay longer view than the last year. So I don't know.
But now I don't know how good any of this work is. I just checked out FDVLX, WWNPX, HFCSX, DEFIX, and RSPFX on Lipper, and for preservation most are 2s with a couple of 4…
Point taken about turnover, but I would much much rather have some smart former analyst kid spend two years doing that, picking individual stocks in a given area based on his and his team's researches, than trust myself to do it.
>> A new poll by the Kaiser Family Foundation shows that just 35 percent of voters support Obamacare, while 47 percent say they feel negatively about it.
Huh? That's not what the KFF site says.
Whatever. It's a great day for the health of r…
>> chances of reduced returns is exponentially increased.
While I agree about the inadvisability of having way too many funds, I wonder if this is mathematically true. I bet Charles and msf and a few others have the answer.
How long a chart? Tell us your time period, then we can discuss atypical.
Dictionary samples:
- the postal service delivered the package with atypical speed
- since that's an atypical response for an infant, you might want to have her hearing test…
You are not getting the point, facts-man. Think about it. Meaning datasets. What does it mean to insist that the last 3.5 decades of anything are or have been 'atypical'? Maybe if you are speaking of global temperatures. (For some, not.) But not thi…
>> The past 35 years have been decidedly atypical
I get your point, but this sentence is self-contradicting, whether for interest rates, inflation, various infections, batting averages, mpg, human height, anything.
As for the general Bogle …
What would some do with being able to blame leftism?
Meanwhile, this seems wise and farsighted, more about outcomes than about being right:
http://www.ft.com/cms/s/2/9c27c84c-1751-11e5-8201-cbdb03d71480.html#axzz3dhqV7YuA
+++
if paywalled:
Gree…
... why is [Greece] in fiscal crisis? Because the economy is deeply depressed.
Suppose that there were a way to end this depression. Then Greece’s fiscal problems would melt away, with no need for further cuts. But is there any way to do that?
The a…
JN,
I dove into this set of pages and am studying. Some very good stuff, but the presentation, self-looping, and guide clarity are awful rough, at least for me. I am persevering and doing the CoRI calcs. Thanks.
Oh, for idiot-resistant simplicity o…
This works in an incog browser session:
http://krugman.blogs.nytimes.com/2015/06/18/thinking-about-the-all-too-thinkable/?module=BlogPost-ReadMore&_r=0
... as [for] the persistence of the story line that it’s all about continuing Greek feckles…
Wow, what a handjob valentine that is.
fwiw, since its week-before-Halloween launch, it has beaten SCHD, RSP, RPG, RPV, SP500, but not FCNTX. Maybe another one to keep an eye on.
Anna, thanks for clarification. If you tell me more about the NYT article I will post it, or a section of it. (Don't forget you can often use an incognito session of the four major browsers and see the article n/p.) I agree that most low-wage are pr…
Anna,
What do you mean? Every fastfood worker I have ever met works as many hours as allowed, so yeah, up to 40 if not more. Barbara Ehrenreich's books (at least Nickel and Dimed, IIRC) get into that thoroughly. See also
http://www.nytimes.com/2015…
Desalination takes considerable energy, and transport likewise, costs aside. And there is zero chance of funding it publicly. Better to move and let the SW desert revert, haha. Plenty of water in parts of Ohio and the Northeast. Maybe prez Trump wil…
Me too :)
Kevindow, you have set a new very low threshold for 'bloated, end of story', but more important you seem not to be making wise comparisons, really. Good ETFs, yours, but not good comparisons. And to revisit the tired active-passive arg, j…
Thanks; I read this back when, 2.5y ago, but did not pay enough attention.
Son has been doing decisionmaking for well over a decade now, so much of the success is due him. Sounds like quite the aspiring prick, but you know.
HP quote is pretty funn…
>> doesn't seem to be as grounded.
BW, thanks; can you give a link? I have inferred this too to some extent but cannot remember where, or find it. Officially there appears to have been no management change, father to son (see M* management en…
>> bonafide Three Alarm Fund month ending May 2015
More sore limitations of the methods here, and the historical timescales.
What do we pay for, or want to pay for, intend to pay for, in paying a manager? It is unlikely that Charles et alia …
In some, maybe many, respects you seem to have it precisely backward. Or something. GLRBX shd be nearer bucket, FSCRX way farther out. Strangely jumbled in other ways too.
thin gruel for sure, just read it to see why; won't take long
What is outstanding about him, what have you MJG learned? cf the last decades of Waggoner's columns (he is also retiring). Now there is someone to learn from.
>> One of the greatest bankers of all time !
Another priceless lol line:
Jamie Dimon is the CEO of JPMorgan Chase, and 2013 that bank paid $20 billion in fines, which is an extraordinary number. Think about it. I think it beats by a factor …
that'll be the day
There can never be too much of this sort of digging:
http://www.rollingstone.com/politics/news/jamie-dimons-raise-proves-u-s-regulatory-strategy-is-a-joke-20140130
Correct.
A couple of years' cash in addition to SS, maybe a bit more, is what I have been doing in all my calcs.
I was just querying OP about that 3-5y and its source. A good way to stay out of the market unduly.
