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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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
Just a guess, but I have a feeling that if this causes Roth-type accounts to skyrocket in value, Congress will find a way to get their claws into that pie as well.
No doubt the Primecap team is licking their chops...they've always LOVED the airlines, particularly when a value presents itself. And it looks like all the airlines fell in sympathy. Watch for a bounce tomorrow.
If you're running out of adjectives or words to describe our current environment, this might help:
https://www.merriam-webster.com/words-at-play/polite-words-for-impolite-people/smatchet
Bee...several funds you listed are common to what I have as well. I don't have it broken down into the annualized categories that you've described, but I think the result may be similar.
I have a group which can go by many names...1-3 year funds, b…
Everything is relative. In my situation, I feel like I'm sitting on a pile of cash waiting for a shoe to drop. But...since I was 90% equity about 5 years ago, the harvesting of profits and allocations to a bucket 1 for several years of spending mone…
In a bit of good fortune, the nice little run-up has bumped two of my funds in the IRA to hit the dollar threshold for a haircut...RPMGX along with GPGOX. These are up 20% and 24% respectively YTD. The harvested profits will simply go into a slot fo…
The carriers warned that threatening to withhold CSR payments would be the main cause of premium increases....and thus, the premiums have increased.
Perhaps I've become too jaded, but I really doubt that the folks impacted by this increase will be …
At the very least, if you're going to speculate on an early stage bio, ideally it's one with multiple compounds in trials. At least you've got multiple shots on goal. VSAR had one...not sure how it had the valuation it did. These companies as a clas…
To encourage her support for the pending bill, the GOP's Murkowski incentive (aka "bribe") was to allow Alaska to essentially stay on the current ACA program.
I really don't have a word to describe that.
Yes, the attempt to pass such legislation without debate, without a CBO score, without analysis and without amendment is disturbing and unprecedented.
By the way, your description of Pelosi's comment is not accurate.
Personally, I don't care for contrived corporate tributes. Here's an article if you'd like a remembrance of the day...an image which will forever linger.
http://www.esquire.com/news-politics/a48031/the-falling-man-tom-junod/?src=nl&mag=esq&…
The American consumer absolutely craves a good cup of coffee. When I was at my former company's HQ in NYC, they were right next door to a coffee emporium which was packed...Gregory's Coffee, which was really good, and better than SB.
Here in Clevel…
Murrell's Inlet? I remember taking many a trip there to escape the crowds of Myrtle Beach. Many buckets of steamers later, I have fond memories of that little out of the way hamlet...which no doubt is nothing like I recall.
Well if you are going to turn this thread into a holier than though discussion....
What makes it a "holier than though" discussion to point out that the tobacco companies make their money selling products which harm, and kill, their customers? And…
The market cap comparisons tend to differentiate this from the GP offerings, and that might lead to an examination of this versus Seafarer. I really like the mix here, both in the developed and frontier plays.
I hope these become available on the S…
Tobacco stocks may be the best investment since 2002, and for the next 50 years...but as an ex-smoker and heart attack survivor, I will pass. I refuse to make money from purveyors of cancer and pulmonary disease. Sorry for the buzz kill.
GPMCX and ARTGX both got trimmed today. It was just a shade early for both, but close enough. Things are getting a bit squirrelly. Money will go directly to the spend bucket.
Reluctantly, I do need to give Trump credit for understanding the angst, and how to take advantage of it. Trump is certainly a good marketer. Similar to how his data mining and analytics team, Cambridge Analytica, was able to micro-target this same …
Looking at a total return graph comparing POAGX, RPMGX and VETAX on M* I fail to see the benefit of holding VETAX. It appears to track RPMGX like a shadow (or vice versa) so what benefit is being gained other than perceived manager diversification?
…
I lean towards the elder skeet, in order to eliminate risk of management failure. As an example in the mid-cap space, I love POAGX, but not with all my money given the Primecap team's big sector bets. Aligned with RPMGX and VETAX, I think I'm good.
If you didn't want to worry about your choice for the next 2 years, there's this...a 2 year note at 1.364%:
http://www.marketwatch.com/story/treasury-yields-climb-as-stocks-oil-lure-bidders-2017-06-19
Oddly, this same article and admonition was linked over 2 years ago:
http://www.mutualfundobserver.com/discuss/discussion/19197/how-many-mutual-funds-should-you-have-in-your-investment-portfolio/p1
