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 think these sorts of things don't track the underlying spot-on, but I really do think trying to play the VIX would really be much more of a trade than a long-term investment. If you look at VXX last Summer when it was around these levels, you can …
I would definitely contact your broker.
I do see this announcement in regards to the ADR shares (it looks as if they are no longer trading) from ADR.Com.
https://www.adr.com/Home/LoadPDF?CMSID=4fed3268734848de9e4267a306f4c9b6
Reply to @Old_Joe: Oooh, I almost forgot my favorite: "Just Add Water"
http://www.bloomberg.com/news/2012-02-15/pepsico-adds-water-to-tropicana-to-juice-brand-s-margin-retail.html
Reply to @Sven: "I know Scott probably has different option. "
hmmmm... not necessarily. Is it expensive, especially given the asset base? Yeah. I do believe the fund can use leverage and that probably does add to cost (although is still rather exp…
I don't own it, but I think David Winters at Wintergreen is an excellent manager (WGRNX) and is similarly global. WGRNX has not outperformed NVOAX overall, but has outperformed it over the last couple of years by a pretty decent amount. Hopefully th…
I forgot to post this the other day after I saw it. I think it'll send a lot of people away from the fund - Iben did consistently very well and his replacements are unknowns.
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/03/13/bloomberg_ar…
With real estate, I just continue to like the highest quality, which is hard to do with a fund. KIFAX is popular and is a mix of REITs and REIT preferreds, although I have to imagine with the race for yield, prfd's are not exactly a bargain. That fu…
I recently took profit on Salient MLP Energy and Income (SMF). I may look to get back in if the market moves lower. That said, the Salient fund is a very unique offering (it can hedge in multiple forms) and I wouldn't go with any other (although I c…
I definitely think that "smart grid" upgrades (and everything that sort of falls under that banner, renewable - etc) are certainly a necessity for the future, but it becomes the question of how best to invest in that. Brookfield does offer the spin…
The Hussman thing is likely taking advantage of the dividend popularity, although a little late. Hussman International really not exactly getting off to a great start.
Reply to @BobC:
"Turn off the TV, and remember that every one of the so-called experts have a bias and therefore probably an agenda."
Well, yeah. They're cheerleaders, in the way a realtor is never going to tell you its a bad time to buy a house.
…
The other Cramer pump and dump was his promotion of Sodastream (SODA) - the taste test with Herb Greenberg on CNBC last year, etc. Down another 6% today.
"But I know that nobody cares about this stuff, so I apologize
for disturbing your sleep. Care on." lol.
The market has to drop a fair amount before everyone can demand QE3.
I did start leveling back into the SOIL etf a little and I was going to…
I suppose the issue to me is really what are people offered. The "Off-Topic" section doesn't often stray from the general idea of investing, and as people have noted in this thread, a lot of what's going on in the world has a significant effect on i…
Reply to @claimui: He lays out his reasoning in the article, and performance - at least in terms of PAUDX (nearly 8%) have been, given the fund, very good this year.
http://www.zerohedge.com/news/couple-lives-13-million-4900-square-foot-home-five-years-without-making-single-mortgage-payment
Couple lives in 1.3M, 4,900 SQ Ft home for 5 years w/o making a single mortgage payment.
Reply to @Maurice: It will impact the fund. I don't think it will effect it massively, or for a terribly long period. That said, I find the timing of AIG's sale of AIA and Blackstone - both at discounts to current prices - interesting. Required tim…
As for Buffett and bonds: "Warren Buffett disclosed that Berkshire Hathaway Inc. (BRK)’s foreign-government debt holdings are comprised mostly of securities from Germany, the U.K., Canada, Australia and the Netherlands, indicating the portfolio has …
Reply to @NickF: Agreed. Mainly a concern over the next few days.
Additionally, just to avoid confusion for those reading this, AIA is an Asian ETF and the link has automatically popped up when AIA is mentioned in this thread - the AIA discussed is…
"Things I've Learned" (and boy, some great lessons being taught to generations younger than mine):
1. "Old fashioned" fiscal responsibility is silly. Fiscal irresponsibility is what gets you the bailouts.
2. Being a saver means being screwed over a…
I don't think it will make a giant impact on Fairholme - probably a moderate issue for the fund for a matter of a few days. AIG is trying to sell stakes in some other things as well - they sold a stake in Blackstone (also at a discount, although the…
Reply to @bee: The list you offered above is terrific and highlighted quite a few international ones I was not aware of. The ones I've discussed previously on the boards are mainly foreign arms of familiar US companies.
This would make for a really…
I've talked about some of these names before, such as Coca-Cola FEMSA and Wal-Mart De Mexico, which are both available on the pink sheets. Wynn Macau is another one, as is Kimberly Clark de Mexico.
Reply to @MikeM: I completely agree - I do think PGDIX is a fine holding that will likely hold up better if/when inflation becomes worse.
I love MLPs, I just look at a number of individual companies and think they've not only done really well, but …
Reply to @MikeM: I do own a little of PGDIX (although a different share class.) I'd like to add more at some point soon, but I guess my one concern is that I do think MLPs (which admittedly are not a huge part of the fund) are overbought. Higher yie…
Reply to @bee: Hmmm... I haven't found PAUDX to be a volatile fund at all. It actually only lost 7% in 2008. I think one issue with the fund is that manager Rob Arnott can use the Pimco Short Stock fund with up to 20% of the fund (at last check), an…
Reply to @Anonymous: I'm usually not in cash but have been increasingly moving in that direction. While many have predicted a continued rise due to election year, etc, that's not always the case. Additionally, geopolitical issues (Iran, China, Russi…
Reply to @Maurice: Exactly... this should be for disruption use only, and I've also wondered if we sold reserves the last time before and are now looking at the possibility of buying back higher. The last release knocked down oil prices for I don't …
Ron Paul To Ben Bernanke: "People Lose Trust In The Government Because You Lie To Them About Inflation"
http://www.zerohedge.com/news/ron-paul-ben-bernanke-people-lose-trust-government-because-you-lie-them-about-inflation
The punchline: "The Fed w…
As for energy and gold,
Iran Moves Further To End Petrodollar, Announces Will Accept Payment In Gold Instead Of Dollars
http://www.zerohedge.com/news/iran-moves-further-end-petrodollar-announces-will-accept-payment-gold-instead-dollars
Additional…
