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.
I would almost really rather own an actively managed MLP fund than an index, I just think that you want to concentrate more on best-in-breed, as I think there'll be more incidents like Boardwalk Pipeline (BWP), which lost something like half its val…
Wasn't this the fund that was the focus of the Josh Brown article a few months back?
Edited: Yes, it was.
http://www.thereformedbroker.com/2014/05/28/brokers-liquid-alts-and-the-fund-that-never-goes-up/
I don't think there's anything wrong with this style at all. Really, if something's working for you, great. I don't get why people get so upset about the idea that someone is investing in a different style then their own.
If I saw that M* speech and owned the fund I'd sell if I hadn't already. Bill Gross calling himself a “a 70-year-old Justin Bieber" is horrifying on a number of levels.
Well, when you have policy that effectively forces volatility out of the market, when the market goes down 3.4%, people act like, "What is this red color? I thought green was only allowed now."
http://www.zerohedge.com/news/2014-08-07/first-brics-bank-now-brics-food-bank
"...Russian importers starting cancelling orders – first as a precaution and subsequently as it was confirmed that trucks would be turned away at the border,” Afrucat sai…
Nothing against it re: RPGAX. It's done okay. I established a relatively minor position in it, then other ideas and priorities came along, both in terms of individual stocks and funds. Didn't find a better apples-to-apples alternative, other ideas c…
"For his part, Mr. Aronstein is polite enough to discuss the size issue, but his real frustration is the general disconnect between what's happening in the markets compared to what economic logic suggests should be happening.
“A $21 billion fund is…
So if Russia is banning imports of various food products, can local suppliers and other countries make up the difference?
I'm kinda surprised he didn't kick foreign energy companies out of the country as the first move.
Added to MFLDX, added to GAINX, added to T Rowe Health,QLENX. Out of T Rowe Global Allocation, out of Pimco L/S (and soon out of remaining other Pimco funds). Added to a few stocks, including ADM.
Thought about adding to Walgreens after today's obl…
Do US bonds provide value relative to other foreign bonds? What are some European bonds yielding? I don't own any bond funds because I think mid-long term is negative, but the yield that US bonds are offering appears to still be compelling when dire…
How about a link to the author's book on Amazon that can be posted in this and any other threads of concern (I notice there's a Fidelity ETF thread, too, there may be others.)
I think it becomes a question of who benefits from the construction, but you can also ask yourself who else nearby in the universe benefits. Does a company like Singapore Airport Terminal Services (SATS) take on more and more business with expanding…
Hi Scott!
The buy was made because of thoughts of .... get this!....inflation! Yep! How 'bout that? Because the Fed will be behind the curve....yep! That's why. And I believe that now as then. How long will it take to bite, who knows? But we'…
Hi guys!
I bought infrastructure in the early part of this year.....two (2) funds.....NMFIX....check what they own....and returns....you will see what I mean. Bought them both because I didn't know the sector--two is better than one. Check out the…
I don't often agree with Cramer, but he talked the other day about how people come up to him on the street and ask him constantly about stock xyz and rather than telling them what to do he tells them to tell him why they bought it in the first place…
It's not Marketwatch where writers throw in a topic and the computer vomits out a generic article about the topic of the day ("Why a mortgage is super-duper!", "Fad tech stocks with 10000 p/e's are the place to be!") in a few paragraphs.
Andy said…
I continue to like the monthly pieces and think they've gotten better over time. It's nice to sit and read someone's detailed thoughts in a world where people are reduced to 140 characters and writing has become lol omg wtf.
Additionally, I continu…
ScotTed
I agree that individual currencies often fall into the political arena making them ripe for manipultion. These individual currencies and their fragmented values seem to add friction to global trade, yet I'm just not sure if ignoring it as …
Maybe a more important question is how will a stronger US dollar as well as rising US interest rates impacted various investments.
A stronger dollar this week. How about next week? Again, it's this ping-ponging between "who's the least bad this wee…
This is not meant to be mean or sound rude or anything like that, but nooooooooooooooooooooooooooooooooo.
Playing currencies is a futile game of musical chairs. Even talented managers like Axel Merk haven't done well - look at Merk's Absolute Retur…
Thanks Scott, but GIM looks like an alternative to the Templeton Global Bond fund - not TIBAX.
Oh, duh. Was thinking of wrong fund and saw Templeton mentioned above/was reading quickly. A main alternative is Pimco's fund with the prior Thornburg ma…
Too big to fail? How long before the IMF (i.e. the US) bails out Argentina? It's what we do.
JP Morgan is apparently talking about bailing out the situation.
http://www.cnbc.com/id/101860797
We have governments around the world who appear despera…
I
The only load fund I truly would like to be in is TIBAX. I wish I could find a "like" alternative TIBAX. There are other share classes for this fund, but none are open to new investors. At Schwab, the A shares are open with load waved, but only t…
scott, that's the only reason I thought it was interesting - his pedigree. Expenses are on hte high side and performance has been pretty dismal.
I haven't looked at the portfolio over time, but if it has been anything like the current one, I'm gues…
I'm looking at this fund this morning and not really understanding the appeal aside from the manager's prior history ("past performance is not a guarantee of...") Other prior Mutual Series managers Anne Gudefin (Pimco Pathfinder) and David Winters (…
HCOYX went up 2.98% today. It's top 3 holdings are Argentina bonds, accounting for 17% of its portfolio. Was the big rise in NAV due to what is going on in Argentina? I would have thought it would cause the fund to go down. Or did this happen after …
Err...you saying someone on CNBC trying to crash Argentina? I can totally believe it. Just asking because do not see any link or anything in your post.
No, just announced on CNBC that Argentina has been declared in selective default.
Now elsewhere,…
A load fund that comes to mind (although I believe there are institutional shares) is Ivy Asset Strategy. Not much else comes to mind at the moment - Blackrock Global Allocation used to be better.
I'm not going to make any comments on this board about junk bonds, but do think there are a handful of excellent writers on SA. It's like anything else when reading/browsing financial media - have a good filter.
If you think the market is overvalued, hold cash and high quality short term corporates, maybe through an etf like VCSH. No need to get fancy.
My suggestion was a bit of staples, healthcare and the like (effectively kind of do what Forrester Valu…
