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.
@catch22, I have to admit I will stop at a Starbucks if that is the only choice. I prefer making my own which is much cheaper and use the smaller shops if I can. I'm not a fan of the burnt taste of Starbucks. Their Via packets are good in a pinch. …
Roy might be right here. As andieI049 mentioned, if this was to let some clients in who were left out in the beginning, the doors could close very fast.
@scott, I'm probably the only one who has never eaten there nor invested in them. It's a restaurant chain for crying out loud, not a company that produces products for the future.
The latest fad may be showing the signs of being over.
Gundlach has a good record on his predictions but I cannot figure out his view on gold. It is not clear to me that gold is something to buy into right now. As for the EM, they have had a bad period. Maybe they are due for a rebound and maybe this is…
From the article:
"The U.S. is ranked ninth, with Mercer researchers faulting American 401(k) rules that allow savers to borrow from their accounts and take penalty-free distributions as soon as they reach age 59½."
There is this constant push to k…
Another thought would be emerging markets. I did notice that one of the panel suggested them and Gundlach shook his head in agreement. I currently own very little in that arena.
This is from Jan. but Gundlach explains why gold is a good bet now.
http://goldsilver.com/video/jeffrey-gundlach-a-world-incrementally-favorable-for-gold/
That font belongs in a museum. What might have looked cool would be to show WSW in the old …
I had trouble with that part too. Some of the others spoke over Gundlach. The last guy I thought agreed with Gundlach's choice though I couldn't hear him either. Their audio seemed weak.
I have to agree with @slick. The backdrop was annoying and a distraction. Maybe a modern version of Lou's set would be better.
Also, Anthony Scaramucci needs to quit acting like a orchestra conductor when he speaks. I know that's the new way speak…
@Mona, I might do that next time back. I did see a price for ground beef similar to your description for $5.29 a pound at one store. I would hate to price ground round. Pork roast on the other hand is cheaper than hamburger
@derf, My insurance i…
I had a shock just before I left. My doctor gives me a prescription each year. Last year it was $68. This year $109. I'm sure the cost for the pharmacy didn't go up that much. In another episode I didn't mention, the wife was coming down with sinus …
Thank you David and to everyone else involved in bringing this conference call to us. It is well appreciated. I found the information quite informative. I have Seafarer on my watch list and may invest when I can make the move.
This starts to delve into another recent thread here regarding tax simplification. If the IRS already has this information, why not let them take the appropriate amount out of each paycheck and skip the whole filing endeavor each year? This would ap…
@Maurice, if you have a Apple device, you set it up in the Podcasts app for auto download. I'm sure other programs do the same. I would always forget if I didn't do this.
With all the information available on the web, Rukeyser would not have the success he experienced back then. With that said though, it is the dissemination of that information that many of us need.
I may have misspoke earlier by commenting that th…
@catch22, Was just there and the banner is on the home page. Maybe you were on the other Morningstar site? :))
https://www.morningstarfarms.com/home.html
I caught only a part of that story. Wasn't he a volunteer? Agree though. 73 is not a age to run after criminals or tackling etc. maybe this guy is in great shape?
@MikeM2, American Century will let you buy select funds at $50 a month and taken directly from your checking or savings account. I do agree, services like this are uncommon. It is nice to see Seafarer do this.
I remember when it was $25 a month …
That's a good question. This first show will not be indicative of the show in general. Scaramucci already said that all the people on the advisory board will appear in the first show. That is a lot of people. (20)
It is an interesting discussion indeed. I was startled that he gets no money from MW. Talk about volunteer educational work....
He does get to plug his book and his newsletter though.
I agree. Using a before and after snapshot of the holdings will show what they mean by large cap. As you mentioned above, their definition of micro cap seems high.
Still, it is a change worth observing.
Looking at this, http://portfolios.morningstar.com/fund/summary?t=GPROX®ion=usa&culture=en-US
there would be very little effect by taking the larger cap companies out of the fund unless their definition of "larger cap" is different than…
This article goes out if its way to burn Fidelity on this. In the first paragraph it is noted that products from both companies are similar. Later on in the article, the writer states that Fidelity offers less due to the higher fees.
Simply put, F…
"This is not to say that I expect the IRS to do a great job; simply that the private industry bar is so low that the IRS need do little to do better."
That says it all.