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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.
I have already posted about doubling down on REXX and ARWR, but recently in farther-term retirement accounts I sold 3/4-size chunks of FLPSX, PRBLX, YAFFX, sundry Asian funds, and OAKIX, and put all of the moneys into DSENX. Adding to existing holdi…
No, actually, I was thinking of 2011 and 2012, when I owned both, and FBALX did have comparatively more of a growth tilt than PRWCX. (You can look it up.)
@linter: I don't look at short-term performance, and specifically was thinking about its having more of a growth tilt, plus double the activity of active management. But upon analyzing PRWCX further, I see that it is pretty much the same, with half …
@Hank, Giroux's work, starting 6/06, may be somewhat different from other allocation funds, or so they claim, but closely analyze its opportunistic performance since then, especially during hard times, compared with similarly opportunistic GLRBX, IC…
Interesting that, and how, you manage to manage it. A kind of reactive rebalancing. It is the very essence of counterproductivity, but must be fun!
Is your thinking to add, subtract, or hold as is? Or just play along?
I get it to work overall, pretty much, although the search DB is sketchy; try entering AOA or AOK after finding them in the list. Also it would be good to hold the row of column heds, else repeat it every dozen or so fund rows.
Ah, I see search doe…
@Skeet:
Not that this would be of interest, but I think there are studies backing up this investopedia entry, though I am having trouble finding them; will plug onward:
\\\ ... there's no magical "right" number of mutual funds for your portfolio.…
I have put money into RSP and have no complaints. The differences are not large but over time I suppose they could be. For indexing I do like SCHD (Schwab) more than VOO and more than low-vol etfs. In other words I do not use them around the edges a…
Bee,
Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking ab…
Didn't know the Herald was still afloat (j/k), but a regular reader of it might find this NYDailyNews summary pretty amusing about the slug RG:
http://www.nydailynews.com/opinion/wayne-barrett-rudy-giuliani-love-article-1.2122253
Well, heck, they all do, moron Giuliani to the contrary. Low bar. We need higher bars. Not that guy. Like that's a clear criterion anyway.
What a prize idiot, and how irresponsible to charge in this day and age.
>> a day earlier at New York'…
slow news day, an unworthy makework article even by CJ's low low low standards; pull you money according to properly gauged performance over time in tough markets, and ignore what they say unless substantive. Even good manager blather like this, so …
OJ, the only point of importance here is that if you use the Costco member card to do your charging, you get nothing extra, that's all. It does not even help your membership fee to stick with it compared with an Amex card. If you use an Amex card, y…
Roger and tnx. Being completely in retirement, I use GLRBX for that purpose, my needs-dip-protection bucket. Sometimes too a bit of AOR / AOM, free at ML. Am looking at FTBFX, BOND, and AOK for sooner moneys. Dislike holding lots of cash but it may …
>> Fidelity 2% Amex (FIA - a BofA subsidiary)
Really. I did not know that. I am always looking for usable tie-ins b/w Fido and BoA/ML, as I use nothing else.
I now employ the Fido Amex card for everything because of the 2% into my Fido accou…
Not vs Yackts since '09, but yes vs GABEX, which I eventually bailed out of to head to PRBLX. There are others as well with better dip protection the last year-plus. It is the last 3y or so that DODGX has rocked. Growth.
I fully concur in your las…
>> The funds you list look like equity funds rather than balanced.
? Yes, they are, to be compared w DODGX, equity to equity, which is what this is about, no? Have I misread?
I put a ton (for me) into it in like 1983, having read about it …
It may have been pronounced dead of bloat but its ensuing performance put another nail in the boat, or whatever a good phrase is. Glad I bailed and dove into GABEX and later added YACKX. Years of suboptimal decisions, seemed to me. I had been in it …
Glad you find WEMMX appealing. For larger smalls, GABSX is good. But I think you have too many and are approaching an indexlike soup. I am sure you know how that works.
I could (and would) live with two only, in my case WEMMX and FSCRX.
Well, there is the 2% back on everything, meaning everything, with the Fido amex card.
Their service is quite extraordinary and the people exceedingly well-trained. I thought I had heard a few years ago that they had lowered their merchant fees a li…
This has happened to me for years, and I have to be sure to back-arrow to a previous browser session for the cookie to be grabbed properly. Only such site this happens with, so not governed by whatever privacy prefs in the same way.
Puddn ---
WEMMX has markedly better performance both longterm and downside (08-09) than most of these, but (= because, one supposes) its avg company size is $480M, not smaller. Do you have a range in mind about market cap?
>> Guinness Atkinson Global Innovators is the #1 Global Multi-Cap Growth Fund across all time periods (1,3,5,& 10 years) this quarter ending 12/31/14 based on fund total returns. They are ranked 1 of 500 for 1 year, 1 of 466 for 3 years, 1…
@FA:
>> PDI has recently suffered from the non-investment grade spread widening (as did all HY), but also from being hedged duration ...
Any guesses about PDI prospects for this year?
>> Who has beaten that? [15y]
Yeah, not many. Tillinghast and Soviero at Fidelity (FLVCX has not been around the full 15y, a month or so less). CGMFX beats all hugely, but not for shorter spans except for selected. I will have to compare UIs …
@FA:
Thoughtful post appreciated. (But why do you, who label me marxist, call yourself fundalarm? Some sort of historical appointment?)
>> when a mortgage guy launches a multi-strat fixed income fund, you can bet, that it will have around 80…
I wonder if a third of the people on Woonsocket RI would consider themselves government-dependent (see last line):
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/23/why-are-47-million-americans-on-food-stamps-its-the-recession-mostly/
Mos…
>> your fervent marxism
lolz, made my evening. Too funny. (Like reading the WSJ opinion pieces.)
What do you think would be 'fair to all'? Honest question. I was going to ask the same of Tbay, though it sounds as though he would prefer thing…
>> I am splitting hairs here.
Oh, no, I think you have got it, thanks, and Mona provided current detail. I was not making any other argument; they do have different holdings. At the moment. ( I knew their prospectuses, as I help write and ed…
And yet their prospectus investment objectives are very close to identical too. And their performance too, with the newer fund less strong but smoother. Lipper does categorize them differently, at a high level anyway, flexible portfolio vs multisec…
Not dealing in foreign hypotheticals: everyone wants to buy our notes, as always, then and now. Ready buyers. US finances are not in particularly bad order, and much better than they were. What makes you assert that they are? Sorry if this seems a j…
@Mona:
>> comparison between RSIVX with PONDX is useless. They are two different animals. If you want to compare RSIVX with another primarily high yield fund ....
Gosh, you'd better tell M*, which categorizes them identically and also benchm…
