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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 love this theory a la WB and subscribe to it somewhat, owning YAFFX and PRBLX bigtime. But this is not a strong article and show other things as well. For one, you also can do well if you go with a demonstrated pro: FLPSX significantly exceeds FPA…
>> returns of a hypothetical investor who had the same monthly buy and sell behavior as the ner fund inflows and outflows for each month and said that is the returns of an average investor.
>> Not a single investor would have realized …
I agree junk (managed) is something you could consider (FAGIX, e.g.), and DODIX is only a real gem latterly if you do not compare it with its equally worthy sort-of peers, some mentioned, some not: FSICX, PONDX, OSTIX.
I like very much BERIX and AO…
Yet another hatchet job on Gabelli greed. Not that he's not overgenerous to himself. The piece takes a long while to get to his consistent outperformance, never does mention GABEX and GABSX and their risk ratings, and conflates the company and his f…
>> No these were not dart picks, but truly, I think they might as well have been.
Fine. These choices were not based on reading 1999 financial magazine/online articles. You are profoundly, profoundly lucky to have been in the funds you were i…
>> we should all pay more taxes
give it a rest, Wayne man, he says nothing of the sort, and I bet you know that.
as for pushing the prez to action, if only!
'Gates koolaid' is unworthy of their efforts and, I suspect, unworthy of you too, …
I don't know why Ted has gone to form, but I am not understanding your question. Surely you know about normal distributions, outliers from an average (somebody has to outperform, and some do so over long periods), and all that, right? There were man…
>> Over the past five years ... I had an average annual return of better than 16.5%. This was done with mostly what Morningstar would classify a conservative allocation portfolio with [a minimum of 30% in cash/bonds and a max of 60% stocks]. …
Do no. 1. I look longer-term, compare everything with GABSX, and see that Champlain looks very similar in the 09 dip. You are gonna keep Bridgeway for the thrills, so just have the two, for the reasons you espouse. Add to CIPSX, though.
Thanks and an interesting bit of research. Glancy looks great for sure, if you want to get involved with Putnam and its fees. I would stick with Fido, I think.
Have just done this with my daughter. 45+ years. I advise (if you have the options) half FSTMX and half FLVCX. Forget balanced. Else all FSTMX. Assuming you are still around, check in 10 years and if Soviero is gone or something, do something else w…
What Mark said (true also of Tillinghast with me) and what msf wrote too.
I would add only that I am recommending to my kids, who have a longer investment horizon obvs, that they put new moneys (some anyway) into FLVCX.
Reply to @Kenster1_GlobalValue: Got it. I guess I was assuming, maybe incorrectly, that Romick was so canny that he would be able to handle such growth. Do you think he should close FPACX?
Reply to @TSP_Transfer:
>> Excellent longterm performance even with the '07-'08 down draft.
Not really; from 07 on, compare with FPACX, JABAX, GLRBX, and PRBLX, just to name four not the same.
(And why the tax nonsense and quoting some Seek…
I like all these funds, own or have owned them, like JABAX (a fine fine fund that gets no love in this forum, at least that I have seen), ICMBX, and GLRBX in addition, but must point out that the more you own the closer you come to duplicating the p…
Reply to @clemg64: What he said; it is one of my faves and has been for some time. (OT, or sort of OT, I find it puzzling here that in discussions of balanced funds no one ever seems to mention JABAX, one of the demonstrably better ones.)
Well, this new semiretiree just bought more, based on the call, and it is now a high percentage, with ARLSX, of my bucket 2, meaning needed few years out, like 2-3-4. Perhaps imprudent on my part. ARLSX has not been doing well lately (explans welcom…
Find a local CPA to review everything with her and make a recommendation to a C F P type, asap. Also an estate lawyer if she does not have one already, to ensure that will and PoAH and PoAF docs are in place (you, hopefully) and trusts, and insuranc…
My chief criteria as new retiree are downside semi-protection, fees, outperformance (typically small) vs indexes, and a look at active competition, and studying at least at the cheaper version of this one and comparing it with my faves in this space…
Reply to @equalizer: Thanks for this list, but I remain puzzled at all this. If I graph performance of funds I know well (mentioned above by you, some of them) and own or have owned, GRSPX, OAKBX, JABAX, and FPACX, against, say, AOR, which comprises…
Reply to @STB65: Even some of the US correlation may be uselessly weak, and "University of Notre Dame Professor Martijn Cremers, who compiled the data, says that it isn't perfect. Use common sense when judging whether the related index is a fair com…
Reply to @Old_Skeet: Thanks much for that first link. It gets worse, to my take. I looked for 5y and 10y choices of balanced and equity income, and found almost nothing in the first two pages that contains funds that get mentioned in MFO. Wild, just…
Reply to @MJG: a thoughtful response, and even more interesting in that, this sentiment notwithstanding,
>> concluded that the incremental reward/time commitment in identifying superior active mutual fund managers was not worth the effort i…
Reply to @AndyJ: Cool. I have never had anyone other than family look into that advice. Be sure to check out AOR and AOM too (same holdings, different blends, and be sure to ignore the etf naming and concentrate on the proportions). I have one retir…
Within commish-free ML brokerage, I regularly swing b/w AOA and AOK (check holdings and you will understand). By regularly I mean irregularly, ad-hoc. I wonder very much how AOK is going to do this year.
lots of interesting google hits on this from 2012 and 2013, calculations for FCNTX, e.g., also growth of practice over time: https://alpholio.com/blog/tag/active-share/
Reply to @AndyJ: Thanks; I always worry I am missing something. My planning is centered on not leaving anything to kids (not necessarily anyway) except a low-debt house. And the TD guy is in banking!
I generally avoid engaging M* zealots, also Bogl…
Lord, the TD guy says to live of div stream. Great. So I am starting retirement and have saved like a beaver and have a mil and fortunately need only 40k, plus 40k from SS. (I wish.) So I put my million nervously into SCHD, which pays out around 2.5…
I like the faux-honest question mark about FCNTS and FLPSX. May well be true, but I have read this about the latter, at least, for over a decade. It's done okay, to put it mildly. I am sure Danoff gets tired of hearing it too.
Reply to @cman: Is this all you got? It has been idiom for a looong time, meaningful or not. I am not defending it, though I myself think it has genuine meaning and use, though this is not the place for that discussion. But you cannot get away yet a…
Boy, PONDX sure has bounced back and is still a hold in my book (said the long-past seller). Has done much better than DODIX and FSICX and all similar the last 13 difficult months, plus the indexes I follow.
I sense some posters may not have read Burns's article. If you haven't already made the decision, do not fail to read it. Not just sensible but a very clever solution. Many of those posting here are simply rationalizing suboptimal (in the long run) …
