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.
How would this portfolio perform during a down market? It looks pretty aggressive to me, so it would be nice to see how it performs in both up and down markets.
David's commentary about Ron Baron and his fund fees was particularly good. I read the eye-opening NY Times article with quite a lot of disgust myself. I highly recommend it at your leisure.
Intend on selling OSTIX in my taxable account as I'm trying to lower my tax bill in 2018. It's a good fund but should be used in a retirement account, IMO. Not particularly tax efficient. I own enough high yield stuff anyway.
I've been nibbling around high yield and munis, such as ARTFX, MMHAX and PRFHX. I'm trying to increase my tax-free income. After the huge run-up in equities, it just doesn't feel right to be adding to stock funds at this time. I keep waiting for a p…
Ha! :) Good one @OldJoe.!
Not religious. But did go out and buy a more expensive brand of scotch today.
(Think of it as a different kind of “spirit.”)
Single malt?
Interesting list for sure. I was glad to see you include WCPNX, as it appears to be a compelling fund based on its 3-year track record. I also took a look at WEFIX to gauge performance by the managers on that fund. So far, so good. Just curious, wou…
I would say it's too early to tell, as WCPNX has it beat with a higher 3-year return with lower SD, and higher SR. It will be interesting to see how it does over the long term or with a correction.
I think we all know that Morningstar has their favorites for one reason or another, but it's still a worthwhile exercise, IMHO. Personally, I use their lists as a starting point, not a be-all, end-all point.
I see more and more "Off Topic" discussions here than ever before. Despite the fact that there are literally hundreds of thousands of political discussion boards on the internet, some people feel the urge to espouse their political views, on a daily…
I invest in MAPIX, and not SFGIX. Unlike Ted, I won't whip you with a wet noodle for holding both funds.
In looking at the top 25 holdings of each fund as reported in Morningstar, I don't see that much overlap by security. How did you determine t…
Is this topic relevant to fund discussion? I see a lot of political opinions here that are not relevant to mutual funds. This belongs in the "Off Topic" category since it went off the rails rather quickly.
Again, about keeping DODGX and M* accountable for a clear standard.
The webpage of D&C states (as of June 30), 10 year returns 5.89% - compared with S&P 7.18%. Let's please not search for excuses for underperformance. Without discussing the …
I've been using XSLV, which is classified as small cap value on MFO in its risk profile. It's a risk group 4 as well, but hasn't been around long enough to see how it performs in a big correction or bear market. Still, it seems tamer than most.
With all due respect, I don't put much weight behind the fact that the fund has struggled for a year. Given Foster's history, I would give him the benefit of the doubt for now. As Ted said, the fund's 3 and 5-year performance is very good. I would g…
Sold IYLD and purchased Commerce Bond CFBNX, which has a stellar long-term record as primarily a corporate bond fund with pretty low fees, good SD, SR and upside/downside capture ratio. Oh yeah, and it's a Great Owl fund, which helps ;-) I'm trying …
I recently opened a position with PRGTX through Fidelity. I intend on DCA'ing for the next several months until I reach a position that is worthy of a satellite holding in my portfolio.
I think the amount of money to be invested impacts the number of funds as well. Personally, I wouldn't want to invest $1 million in just two funds. I'm sure there are investors who are comfortable with that. I'm not one of them. If it were $25G, I w…
@OldJoe - Yes, I remember those days of 100, 200, 300, 400-point losses for several trading days during late 2007 to early 2009. I think there was a 700-point loss in late September, 2008. I kept watching the opening bell everyday waiting for relief…
I really think we need days like this in the market to give us some perspective on how our respective portfolios would react. It's a good wake-up call and helps us determine if our AA is where it should be. At least it does so for me.
Currently, I hold SFGIX and FMIJX, which have been very good. I've looked at MAPIX but it seems like a bit of overlap because SFGIX is heavy in Asia as well.
jeeeeeeezus, how can I have so much money in a fund where the co-manager thinks DT is going to win the election? Politics aside, what does that say about his intellect and thought processes and observational and analytical skills ? Mother.
I was jus…
