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.
thanks Ted...pretty impressive. Of course, if you're 25, the challenge is to identify those companies that will thrive (or at least survive) over the next 30 years.
So... a 25 year old buying established companies that pay dividends. Smart move.
I only wish I would have bought stocks like that when I was 25. Those were the type of stocks my dad would buy as he was approaching retirement. But I couldn't be bot…
Only a few outliers from what you might expect on such a list, but I do strongly agree with one of the comments posted...limiting the data on returns to one and five years is not helpful. I assume that most folks using that article would see it as o…
Thanks Bee...I've been a fan of Ms. Sonders for some time, dating back to her appearances on Wall Street Week (aka the good old days). I appreciate her style of communicating to the public, and I seldom have noted an area where I hold a completely d…
Such constructs are neither good, nor bad. They simply represent a form of shorthand to represent a broader idea. BRICs as an example....referenced a slice of foreign investment. Just because the term is used doesn't mean it's good, but it could lur…
Sorry, it's not clear that she fully understands the concept of "buckets". Very disappointing articles...aggressive, moderate or conservative. This simply reinforces my thought that Morningstar is good at delivering data, but not so strong in delive…
Ron...over the past few months, the monthly commentary on this site has noted the change in M* rating due to the (mis)characterization of funds, with OSTIX being a prime example.
It dropped 2 stars, due to the re-characterization of the fund to hig…
Bumped up my GPGOX holdings in an IRA rollover.
I had a placeholder here for when I rolled a 401K into my Schwab IRA account...but wasn't getting a clear signal from Schwab as to my ability to add to this after March 5...even after speaking with mu…
So the government claims Fannie may not be profitable, and needs to stay in conservatorship.
BB says otherwise, and the court agrees to allow for discovery.
As an FYI...this comes right after FNMA reported $84 billion in profits last year...and ha…
J...my experience with a majority of folks on investment boards (present company excepted) is one where they believe their investing prowess negates the need or attractiveness of annuities.
Frankly, I have a sleeve of my pre-tax account which is o…
Schwab????? A $49.95 short term trading fee on funds held less than 90 days. If I am missing something here please let me know as I have been known to miss things.
I've found Schwab to be a good group to work with. There was one time where I got d…
Not sure I can discern the meaningful differences between the M*' moderate and then the aggressive portfolio of a week or so ago. This is disappointing as an advocate of Evensky's "bucket" theory.
I suppose this reinforces my view of M* being a goo…
Oddly, though the individual indexes are rather muted, looks like healthcare across the board is doing well today. VGHCX will have a very nice pop, as they had over $1B in FRX, and was the largest shareholder by a wide margin.
Well...I suppose that this article makes a few good points. However, its title needs to be revised to "When to bet on a new mutual fund MANAGER".
As readers of the MFO are aware, a new mutual fund should be viewed as a unique opportunity, particula…
Reply to @mcmarasco: Mona's response also sent me scurrying...to the Artisan website where it appears that this $100K threshold allows access to certain closed funds. Per their description among several others:
You may open a new account in a close…
Swede...this is a difficult time for all concerned. The fact that she did, ultimately, reach out to you for help is meaningful and significant. Please make sure the estate planning goes beyond finances, and covers basic items such as allowances for …
I'm a big believer in the "bucket system" for future planning, but this article is not helpful and would only serve to confuse those wanting to learn. Also, I don't see anything which could remotely be considered "aggressive" in how they allocated t…
Folks piled into EM early in 2013, and then into the broader markets late in 2013. And now public sentiment is turning negative. Next, I am looking for fund flows out of equities. Only a few more % to go, and money from my 4Q fund haircuts will be g…
No.
With more folks under coverage for their healthcare, I believe it will increase the market for baseline pharma, and increase demand overall for services. And I think that may have been a contributing factor in the performance of HC over the pas…
Sentiment may have drifted up due to the lack of any recent correction or even consolidation to speak of. Frankly, I welcome this action....and am hoping for about 2 or 3% more. I really have a hard time feeling that the market is oversold at this p…
Reply to @scott: Thanks Scott...this commentary is very helpful, though actually off of the general mandate for this site. But...I think that investment conversation would take primary consideration here, and Mr. Snowball might not object.
My overa…
Guys....I am hoping to hang it up this year (at 58), so I have a few years left until this specific question requires an answer.
Can you describe the logic you used to help shape your decision?
thanks,
Press
During the tumble this week, I bought WPC based on a good tip (thanks Scott). And based on the winter wonderland here in Cleveland, I bought a goodly position in a nice Italian red...Antinori. No doubt, it is a very short position, soon to be liquid…
Hi David....here is a link of a thread I bookmarked about a year ago. I have spent literally hours going through the various items mentioned. It covers the MCV part of your inquiry. It would be an interesting exercise to see if people still had the …
I have a substantial stake in SUBFX/SUBYX.....I use this as a parking spot for cash as a bucket 1 holding.
It is down 0.39% YTD.
Why did you buy this? Do you really want to make a move based on what happened today?
Reply to @Ted: Ted...it will be interesting to see what information leaks out over the next few days.
Last Friday, you initiated a thread titled "Burned By Bonds -- Should You Leave ?". I posted a comment saying "It doesn't look as though the publi…
PIMCO has really lost a great deal of luster over the past few years....and AUM. There are too many good landing places for a bond investor these days.
I wonder how many billions will escape PIMCO this year? It doesn't look as though the public is buying the new normal that Gross and El-Erian are peddling.
Dan Ivascyn hopefully is re-negotiating his contract.
Got 11 of 13...missed the first question, and the one on the pyramid.
I do find it odd that most people don't believe that the market has fully recovered...but this is actually quite explainable, as this goes towards what a fairly large subset of t…
