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 would ask myself how would I feel if the date you moved the funds coincided with a 20% bear market and you had lost a chunk? There is an increasing awareness that people who loose large amounts in early retirement bear markets sometime don't have…
It is crazy. Consumer staples with growth rates of 3% have PE of 20 ??? Real Estate up 25 to 30% Treasuries up 30%
Nothing is cheap but if you stay in cash you look silly at under 2% now. Until you don't.
At 67 I am only 20% in equities. Early…
Since these brokers sell their order flow for money to make up the difference, the spreads will widen and you wont get the best price. Assuming I did the math right, if you loose a penny better price on a $40 stock you loose money if you trade mor…
I think there is a good argument to be made for an allocation fund as long as the "allocator" is really talented. I have never believed that a fund manger should ALWAYS be fully invested. You are paying them for their judgement and if there seems to…
I know several currently flying commercial pilots with years of experience on the 737 and some on the Max. They all said they were aware of this problem before the doomed flight and could easily explain to me, a layman how to disable the system and …
I too am concerned this is illiquid. The NAV of funds like these as mentioned is estimated at fair value daily, and you have to take the funds word for it. If everyone wants out at the same time watch out. The fund has an incentive to fiddle with t…
Over five years total return is almost identical to VWINX which has been a lot less volatile
With only 9 % turnover a year, the mangers are not doing much for their 0.7% fee.
M* has been dismissing individual investors for the last 5 years with the staff and governance changes. Many of the old guard have obviously lost the battle and the firm is clearly focused on advisors and small institutions. this is not unlike Van…
from what I read this was an inside job pulled off by rouge AWS employee and her knowledge of a back door. Unlikely that proprietary software from these companies would have protected them
The issue with your bank going under while you hold your CDs is both opportunity cost (can't reinvest money until it comes back to you via FDIC) and needing the money for expenses etc. We had some CDs go bust in the S and L crisis and it took seve…
I have stayed clear of Catalyst funds ever since they changed the NAV after I sold a position, giving me less money. Their excuse, of course, was with thinly traded securities the individual positions are "valued" by a methodology not the market. …
If you compare AUEIX to BRK.B they are pretty close over the six years AUEIX has been in existence. But what's the point? If you want to invest like Warren, invest with Warren. I doubt the investment philosophy will change once even after the dies…
I owned one of their other funds last year and sold it, but got a totally different NAV on the transaction than I expected to the benefit of the fund. Neither Vanguard Schwab nor the fund company would give me an explanation for why the published NA…
This probably the right move for five year money but there may be a lot of pain before then. If the developed world tanks, nothing will save EM, and cheap stocks will get a lot cheaper. Cheap does not equal safe
Does anybody else have concerns about letting Yodlee ( the company that manages Personal Capital, and almost everyone else's, account aggregation services) have your passwords?
The problem I have with either Target date funds, benchmark allocations for "people your age" and recommendations is suggest to people that someone else can do the hard work for them. Most people cannot competently analyze a balance sheet but they …
I was hoping to start a discussion on the role brokerage platforms should play in their client’s investing and risk management, but apparently only re-ignited a feud. This board would be much more useful if the posts and comments were limited to su…
Pretty pathetic article. Little data, same old saws and no explanation of several funds listed. Barrons is going the way of the WSJ and all the old stalwarts of investigative journalism. It isn’t interesting that all of the sources of reliable ins…
My retirement accounts are up 0.3% My wife's are down 0.5% Our non retirement investment accounts are up 0.24% but most of the losses are in GPMCX.
We are approaching retirement, do not have pensions so will have to live on these accounts. We are…
California can certainly let PGE go bankrupt without letting it shut down. I am sure the state doesn't want to have to run a utility, but PGE could be forced to bankruptcy and sell off it's assets. this would leave the bondholders fighting over penn…
I am an ex federal employee (VA). The salaries for professionals ( who need to be recruited) are indeed low compared to civilians. The lower level staff people ( clerks etc) do better, along with a great health care plan extending into retirement if…
I too hope she has a speedy recovery. I speak from professional experience and know that CNS leaks are serious and can be fatal if they result in an infection ( which this one did not) but a good neurosurgeon can fix it without long term consequenc…
I tend to disagree Gross's lifestyle and personal decisions are unrelated to fund management, especially with someone like him, whose peccadillo's and opinions have generated so much trauma and angst for his investors in the past.
I looked at this ( and I think i owned it too ) years ago. Mathers preceded Hussman as a Perma Perma bear always complaining that the stock market was overvalued. Why he couldn't even beat a money market fund I don't know. Why he still has $8 millio…
great article on Long Short funds, David.
You have profiled several others over the years, but dont mention them in the article.
Can you list the funds that met your three criteria?
Yes I know that. His mother, a young woman without any skills, would have been rejected with the policies he now supports, unless he can implement a “whites only.. no hispanics”. Mom would get through
Who here can make the case that Trump is "Peaceful" and therefore deserving of the Nobel?
If someone held a gun to your head and forced you to do something, would that be peaceful? I am not saying that I do not wonder if Trump's "mad dog" tac…
Agree with above. Price was my first mutual fund manger ever in 1989. I stuck with them thru Mutual Series and switched to MDISX. My capital gains now are such that while I am disappointed it hasn't continue to excel, it hasn't done badly so I sell…
There are a number of problems with this book, not the least being that it apparently defines millionaire as $1,000,000 in income not assets.
You also have to individualize the high tax states as some have thriving economies and a growing tax base…
I doubt many people who use it will quit. Netflix charges $8 for the basic plan but if your kids watch at the same time it is $10.99. the Amazon movies are ok although Netflix a bit better and no extra fee ( that is the most irritating thing about …
Local currency has had a tail wind as the dollar has fallen but this may change. This fund is well diversified with 28% dollar denominated debt, although the duration of 6.3 years may be a drag as interest rates rise. A better alternative for a sma…
I think it is sad that 1) a discussion board about mutual funds somehow devolves into vitriol
2) that the majority of Americans not only don't vote (thus letting the 20 % fringe on both sides control the debate and the outcome), they are too uninte…
