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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.
Hank, surely you are not saying reposting links misunderstands basic copyright laws. I am misreading you, right? Ted tonight seems as low-temp as Snow.
BB Aretha also said "Don't you 'Don't get riled now, sugar' me!"
Many use similar bottomup approaches, nominally bottomup, with different emphases on what that means. You have to read closely the quarterly reports or interviews or whatever. Gabelli dives into rather different things from Ahlsten and the Yactks, D…
But why does the photo show the 2004 Cincel? Did you mean 2004? (Have never held a rioja for 20y, did not know that was ever a good idea with not a lot of tannin.)
Chap, you will want to screen (maybe elsewhere) also by manager tenure (longevity); Pinto, I think it is, at Janus Balanced, has been active since only 05 or something like that. (He seems as good as they come, I must add.) In any case, there are ac…
Don't have religion one way or the other about Ted and his work, but there is nothing in that linked thread to give offense, as it reads now. So that leaves us, or me, in the dark.
I thought the whole point with some FoFs was that fees were lowere…
>> agree that YAFFX would be a good candidate to provide consistent returns with downside protection.
But this not quite, or not exactly, what MM was saying, I think.
When I look (just now, rechecking) at the performance of Yackt vs indexe…
Because he is fairly heavily data-driven? I think his whole point is few thoughts of his own, just lots of research. Rightly or wrongly, he is much more empirical than most 'aggregative' columnists.
Saw it, thanks; did not post it, surprisingly weak and vague, nothing like this one. Seemed like false balance or something. Also, most everyone here knows the pro-index args.
All Clements's reasons apply and have applied to me in spades for the last few decades before retirement, and at such low rates in retirement I ain't paying off no mortgage or heloc now. However my tax breaks are approaching zero as my taxes in reti…
I too do it all myself but have family who use broker adviser types and have done well and are very happy with them and the historical performance. Not cfps, not independent, not fiduciary responsibility per se. One is ML and the other is UBS, I thi…
I (not a Vang investor, ever) don't see that an adverse ruling would have any impact on its reputation for integrity and all that luv they get, if the argument is over best practice ... inuring to whose benefit. So they tried to do good and screwed …
No, actually not so much. Study these in full:
http://azizonomics.com/2013/06/01/the-trouble-with-shadowstats/
http://www.pricestats.com/us-series
All of things you mention are taken into account pretty fully.
Incredible that this article does not mention the really superlative JABAX, which since M Pinto took over 9y ago has outperformed in downside protection (the reason you get into these funds in the first place), and otherwise handily matched, FPACX, …
When you are retired and watching things like a hawk (an ignorant hawk, not the same as an owl), you try to be only tempted by such things, no more. As I said earlier, I have one of my children in FLVCX significantly (for her), and at the moment she…
He is 74 in September, not nearing 80. (Why guess when we have the Internet?)
If I had spare moneys I would put some again into CGMFX, hoping for regression to some mean or other :) .
As for methodology and studiability thereof, see:
http://www…
More errors on my part: but what happened was in spring of 1992 I put 5k in CGM Mutual Fund, averted my eyes, and just after Labor Day 1997 moved it all (it had more than doubled) to CGMFX, averting my eyes further until early spring 2011, when fear…
Of course. As I said, am trying to trace the exact history. I did not initially invest with CGM/Heebner in 1997; I said 'decades.' May have proper history presently, not sure.
No, no additional moneys, but I was wondering last night if I had my damn math memory right. I have to check when I went in, because it may have been before CGM was founded (Loomis prior), in case you are looking at the M* graph. And I was in LOMMX …
Avert your eyes. That's how (the only way) I turned $5k with this fund manager into >$65k over two decades. And I bailed a couple years ago only cuz I was (forcibly) entering retirement. Would it had been $50k waay back when. But then I would hav…
Fascinating. For two years, at least, maybe meaning not much, maybe a lot, it is equaled by DODIX, is outdone by FSICX, and trounced by PONDX and PDI (perhaps not fair comparisons, I guess). So what's the big deal here?
do not follow some newsletter
'get creamed'? do you care? does it matter?
if you don't need to touch it for many years, put it all now into SCHD, PKW, FSCRX, FLVCX, and some global thing you like, say VEU. 15/15/25/15/30. If that feels worrisome,…
Right, shoulda gone there, thanks; just more used to googling quickly and also to using M*. Concur in your take about manager abilities. I have recently put quite a bit nearterm moneys (quite a bit for me, that is) into PDI in addition, and those ma…
http://money.usnews.com/funds/mutual-funds/multisector-bond/pimco-income-fund/pondx/holdings
All of these data, M* and others, come from outside sources, I bet; I do not think anyone crawls through Pimco filings, but even then. Cayman stuff is almo…
What a worthless article even by summer M* standards. And as commenters point out also factually misleading. Finally and worst of all this splendid fund and practically unsurpassed manager now get 3* rating.
Huh? You saw that it changed managers in summer 06, right?
Since then it has outperformed, with notably less 08-09 dip, FAIRX, FLVCX, CGMFX, WVALX, FLPSX (speaking of MC space), DODGX, matched PRBLX, but outdone by YAFFX, to name a few.
Wish I h…
Good Lord. Look at these over their since-inception lifetime. Yes, I know managers have changed. But with Fido, sometimes it's the thought that counts.
The chief takeaway however is the absence of FLVCX. You want solid Fido performance with a soli…
Since you are thinking about capital preservation, and maybe PRPFX has a bright short-term future (as you suggest), sure, and maybe even longterm, I nonetheless suggest that you graph its last year against GLRBX, PONDX, and, oh, AOM. Looks okay, not…
Dear Lord, what bunk. I suggest anyone looking at these graph how they did as far back as they go (many are young), and for sure doublecheck manager tenure (many are recent starts). Incredible this gets published by MW with that hed.
/// There are …
Guido (don't reach first; or do you hear that all the time?) ---
>> as a young man I went to reading Bogle and he has influenced my decisionmaking
Oh, me too. I am not smart, really, about these things, and have lacked discipline at times.…
