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.
@Mark, I agree the term 'Conservative', even in the political sense, could mean different things. From my point of view: Government should be as small as possible. I believe the budget should be balanced. This in my opinion is our greatest weakn…
It has been a crazy year. It never feels good to lose. This is especially true when you believe you're right. Conservatives are in a state of glee right now. I consider myself to be one of them. However, I will resist the temptation of respondi…
I own BLVAX (load waived through Fidelity). So far it has performed as expected. I replaced FPACX with BLVAX and AUEIX and I haven't been disappointed.
Or, we could: remove all politics from a fund that was never meant to be a slush fund for politicians. Invest all of the money in a well diversified portfolio and allow it to grow. That is a principle that seems to work for the rest of us.
@PopTart: perhaps the best known fund from this firm is ICMAX. The fund was once co-Managed by Eric Cinnamond who has since opened ARIVX. These funds aren't for everyone as they may (and presently do) hold large cash balances. Mark Travis and Ja…
Also review ICMTX (currently up 10.40%). This is a new fund from Intrepid. It has small/mid value stocks (domestic and other). The beta of the fund has been quite remarkable. It is approximately 80% invested.
For anything less than 5 years, don't bother as there's too much that could go wrong. Another question would be, how much experience do you have? This question is related to what would you do in the midst of a downturn. We all believe we can take…
The President may appoint whomever he chooses, but this is one situation where he can't use an Executive order to get around the process. If the candidate doesn't get a simple majority within the Senate, it is delayed.
I won't cheapen the moment by getting into the conspiracy. Let's just take a moment to remember a true leader. Apologies if my intentions seemed to be other.