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.
@Ted: Thanks for the info ! I believe Fidelity made a mistake on their webpage for this fund. The trade request was emailed to me just a little while ago. I'm sure it will go through at today's close.
I just purchased PRGTX through Fidelity in my rollover IRA without a hitch even though it says "Closed to New Investors." Usually, it will not allow you to put in a buy request for a closed fund. I'm thinking this may be a mistake on Fidelity's part…
You can always go through the process of buying a load waived fund and get to the preview transaction screen. At that point, it will provide more details of the transaction, including any fees or load. To be clear, this is a preview screen and not c…
@willmatt72- Do I hear a faint chortling sound coming from somewhere near Chicago? :)
Yes, I heard it, too. He took a little time away from yelling at those kids for throwing the ball into his yard ;-) Incidentally, I did sell for a gain but I'm tr…
I held EVBAX for a year or two and decided that it wasn't what I wanted from a multi-sector bond fund. Wayyyyy too volatile for my taste. I moved the funds to PIMIX, which seems as tame as a panda bear compared to EVBAX.
It may be surprising to a few on this board, but I never owned a tech fund throughout the current run up, so I missed out on that rally. I got burned by Janus Global Technology in the early 2000s and never went back to that sector. Gun shy, I believ…
Recently, my wife and I visited a Wal-Mart to pick up a specific item for the house. During our walk through, we decided to check out the grocery/supermarket section of the store. We were shocked at the low prices compared to our local grocery store…
Keep in mind that much of this is RETAIL money, investors trying to follow whatever trend is hot. I would suggest that more than a few of the funds on this list could have banner years. MALOX is ahead of the S&P 500 ytd. TGBAX is up more than…
Oddly, this same article and admonition was linked over 2 years ago:
http://www.mutualfundobserver.com/discuss/discussion/19197/how-many-mutual-funds-should-you-have-in-your-investment-portfolio/p1
Interesting comments in the thread...it looks like…
Opinions on investing are just that. Opinions and nothing else. They can be right or wrong or somewhere in between but everyone is entitled to them. No one should have to justify how many funds they own or how they manage their portfolio. No one sho…
I never put much store in any predictions. John Mauldin admits "The fact that my forecast may be wrong doesn't prevent me from making one." The same applies to these two windbags.
I must admit, I do enjoy reading Bob's comments about Gundlach and …
@Ted man, you really gotta stop hounding willmatt72. It's HIS life.
My sentiment exactly. Unfortunately, Ted thinks that my investment choices must meet his approval, for some reason. I don't agree with some choices made by other investors on this …
@willmatt72 We don't know your desire for inclusion of EM bonds in your portfolio and apparently Ted knows about your current holdings........I do not.
Catch
Hello Catch,
I do not share the details of my entire portfolio with anyone, just b…
Ted, you have expressed your opinion about my portfolio on a number of occasions. Duly noted repeatedly. With all due respect, you have no clue about my specific holdings or financial situation. My question is by no means "cause for worry," and no, …
Thanks for the reply, Crash. I did notice that FNMIX is a bit more volatile in this category. PRSNX doesn't appear to be a straight EM bond fund although it does hold some EM in its portfolio. Hard to figure out what % is EM in this fund. PREMX does…
@willmatt72: Then buy more PIMIX, you don't need PMZDX or WWIAX. I You own too many funds to begin with !
Regards,
Ted
Hi Ted, I'm working on it ! Thanks again.
Sold considerable gains in DSENX and POSKX. I'll probably put the proceeds in more conservative investments, such as PMZDX and WWIAX. I'm content with my gains and feel as though I can trim some gains at this point.
Hi Bob, thanks for the explanation on WAEMX. Much appreciated. I don't have access to BISMX at Fidelity (TF and $100,000 minimum) but I'm looking at other alternatives such as SFILX or FISMX. I own SFGIX already but looking for something in the smal…
It sure takes a lot of courage to bash the hell out of a guy after he's dead. I'm guessing that Smith never complained about his paychecks for those 14 years. Lowbrow.
Ok, so who's buying at these levels? I'm sitting on a little bit of cash and unsure what to do. I've been told that if you are unsure what to do - do nothing when it comes to investing.
Started a position in GLTR as a hedge against an overpriced market. It's a precious metals ETF that holds gold, silver, palladium and platinum bullion.
http://www.morningstar.com/etfs/ARCX/GLTR/quote.html
GLRBX down 1.06% yesterday. Eh, not impressed for a 50/50 equity/bond split fund.
Kind of makes sense. I believe small and mid caps were down about 2x that amount.
Unfortunately, the fund managers' decision to stress small and mid cap value equiti…
I bought WHGIX a few months ago after reading Bob's thoughts about it. I was impressed with its long term performance, especially during 2008. It's fairly tax efficient as well. You won't hit any home runs with it, but mostly singles and doubles.
Thanks for the input. It's definitely struggled over the past few years during an up market. It seems to focus on more mid caps and small caps when compared to the average moderate balanced fund.
I have no idea what to do at this point. My asset allocation is pretty well set, but I have a small amount of cash sitting on the sidelines and I'm getting antsy LOL.
Hello David,
As always, I thoroughly enjoyed your monthly commentary. One little caveat: I was doing the calculations on your MaxDD and portfolio impact for FPA Crescent and I think it should be 4.9 instead of 5.9, which is shown in the table. Can …
I'm at a standstill, currently. Given the big run-up since the election, I'm not sure about putting more funds to work in equities. I have plenty of equity, balanced and bond funds at the moment. Just don't know what to do with a small amount of mon…
