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E-trade actually has a good system in terms of being able to go into a screen and enroll/withdraw DRIP (dividend reinvestment program) for ETFs/stocks. The only problem for me is that a lot of foreign stocks don't qualify (which is understandable fo…
Reply to @Mona: Answering that from a few different viewpoints.
1. I had a huge EM bond allocation around 2009/2010, then when EM bonds became such a big asset class, I sold TGINX and PEBLX in early 2011. My view was that when funds like TGINX were…
For you, I'd recommend something like this (this is just thrown together quickly.)
10% SFGIX
10% MAPIX or MACSX
10% SGOVX (or whatever share class)
10% FPACX
15% TEGBX
10% PREMX
10% TGINX (due to the greater flexibility - including EM corporates, e…
Reply to @deckard: No, no - I don't think Kernan is a good anchor or that he's informative or anything. It's more a matter of watching someone who has probably grown tired of it and his banter with Sorkin went from light goofing to increasingly mor…
Reply to @DlphcOracl: "...the constant breathless stock-market cheerleading, and the attitude that corporate American can do no wrong and should be permitted to wreak havoc unfettered by reasonable Federal regulation "
Well put.
It's no wonder - you have Steve "Fed Muppet" Leisman trying to spin every last thing as a positive (he's never met a government statistic he didn't like), Sorkin - who is probably a nice guy and a I think his book was a really terrific read - is not…
Yeah, its weighing how much money it thinks the Fed is going to print over the short term, medium term and long-term.
Many of the retail investors who are gone aren't coming back for years, so the financial media can stop wasting energy trying to s…
Reply to @Old_Joe: Already a large position, and generally having a "cap" on it in terms of diversification/allocation. I'm not really bothered by the upcoming changes that much. It's done pretty well and there's nothing else quite like it (there a…
I'm keeping MFLDX (although not adding any more), keeping Pimco EQS L/S and AQR Risk Parity. Those currently invested in MFLDX will be grandfathered in at the same terms when the fund moves to Mainstay (I'm guessing an investor or some other separa…
Very slightly hedged and the hedges are not exactly faring well, but much more long than short and feel comfortable with positioning at this point. I think a lot of whats going on is based largely around more and more promises of QE (see again this …
Reply to @Heathbob: The majority of them (including DWGIX) are no min/NTF at Ameritrade. The Dundeewealth funds not under the "Dynamic" banner are no min/TF.
Reply to @fundalarm: Yeah, I definitely agree with the IPO giving the early investors a way to exit, but I think the intent was really to screw retail bagholders. When there was not the demand for shares that was thought - people who didn't expect t…
I think it's an interesting miniature version of the tech bubble. What I find particularly interesting is that Microsoft was a seller. It's understandable that a hedge fund dumps it, but to hear that Microsoft dumped it is really saying something.
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Again, I agree with a lot of what Hussman has said over the last few years, but I mean, he's doing worse than a bear fund and he's ... not a bear fund. I'd ask at what point the playbook is changed, but the answer would appear to be never.
FIF - MLP fund that provides a monthly dividend.
I like Salient MLP Energy and Infrastucture (SMF) more in the MLP space, but FIF pays a monthly dividend.
Reply to @msf: I suppose my concern is what happens when vastly more money is sloshing around via similar computerized trading, to the point where that money starts to view things like "long-term" investors as "quaint" and "noise" because it's their…
I couldn't agree more - this will just result in yet another portion of the investing audience leaving and it will result in less capital formation. I understand trading, but the almost ADD-level time frame of many investments these days is nothing …
Reply to @Sven: Food prices are going to be a real issue over the short-term and long-term, but there's unfortunately not that many real pure-play ways to take advantage of that. Adecoagro (AGRO) is a South American farmland play partly owned by Geo…
Not terribly fond of Janus, but the Perkins team is one bright spot at that company, and the bond side of JPVTX has, I believe, done well with Janus Balanced. I agree that it does not have a record (and again, not a real fan of Janus), but it (I thi…
The somewhat funny thing about this is that Gross wasn't saying that equities are done for, but that a lot of the expectations around equities may be - at least for a long time. Yet, the media of course jumps upon this to try and spin it as a positi…
I assign a VERY, VERY small chance of QE3 tomorrow at the Fed meeting. I would not be surprised if ZIRP is extended well into 2015 (because it's ZIRP4EVA), but the market is going to go lower when QE3 isn't announced. QE3 is going to be announced in…
I don't think Gross is saying the end of equities, simply that expectations should not be what they once were, and even moreso for bonds. Additionally, that a large portion of the population has soured on what he calls the "cult of equities" and tha…
He so looks like an old-school Bond villain. I've called him "BRICFinger."
I agree on the rise of the EM consumer, but I don't think it will be a smooth rise. I own Dairy Farm International (which is - as far as I know - the only way to invest in I…
Reply to @BWG: BIP down about 2.65% AH on announcement of equity offering. Also announcing a series of new initiatives (selling some assets, but buying stakes in UK gas distribution, Chilean toll road and looking at new investments in Brazil - compa…
Reply to @AndyJ: I think Asia will do well over the long-term, but it's going to be a bumpy road in-between now and then as some Asian countries fare better than others and attempted transitioning towards a more consumer-based economy is going to b…
I think it's an interesting fund, although turnover is Heebner-esque at 400+% Expenses are a little high, but not that unusual for a long-short fund. Speaking of, why is this classified as a Mid-Cap fund when it's a long-short fund?
Reply to @Sven: Individual MLPs (and there are some non-resource MLPs, such as Blackstone) generate a K-1, which does create a little more work at tax time. I think one or two K-1s are definitely not an issue, but there are people who invest heavily…
Reply to @Sven: I'm guessing yield will be in demand for years to come, and it will eventually end as another bubble. Until then, aside from fixed income, I think MLPs will continue to do relatively well given the combination of hard assets and inco…
