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.
Technology is progressing fast as it is mentioned in the article too. Blood vessel recognition could be a secure way but not practical at the moment for consumers. PIN's are not as good because finger oils leave spots where you input your pin. Best …
"John, you're not putting new money into the fund with a reinvestment of a cg distribution. You have exactly the same investment you had before, except that you've picked up early tax liability for some of the fund's gains. "
Agree, but I am talkin…
@MikeM, I should have added "or not" to my statement. Obviously these are very specific types of funds. I have never understood the meaning of them or what purpose they have. For the individual investor, the best thing is to forget about them. Not …
Market neutral funds only work out in bear market scenarios. The investors in the fund must have thought one was coming, which of course it never did.
According to M*, a very high cash holding (89%) and shorting of stocks. Not a recipe for success…
@Dex and @AndyJ,
Yes distributions are a wash except that you end up with more shares after everything is settled. Those shares are a part of the miracle of compounding we hear about. You won't see the benefit right away but over time it does add u…
@LLJB, Like you, I am underweight in Europe. I'll have to look at that part of the portfolio. As far as Japan, one of my funds has increased their Japan assets a bit so I will let it go that route.
The “time diversifies risk” theory generally supports the long-only “buy and hold” investment style, which is unadvisable in Ineichen’s view. Instead, investors should consider implementing alternative strategies, such as long/short equity, which in…
I don't know if this is something usually attributed to cvt transmissions but I found performance lagging when trying to accelerate into a freeway or a passing maneuver. When I kicked down the accelerator, there was a moment of nothing before the cv…
It's Continously Variable Transmission.
https://en.m.wikipedia.org/wiki/Continuously_variable_transmission
I tend to favor the traditional automatics as well. The CVTs I have driven sound buzzy and are not as refined as a good automatic.
@Kaspa,…
@catch22, I wonder if that 50% number is due to the length of time one is in the pension plan? I don't have an exact number but I was with my plan for about 15 years and the numbers were much closer, say within 20-25%. Since I took the lump sum, I…
I will agree with most here that raising cash for a possible correction is more like gambling than it is investing. Now, if you had mentioned rebalancing like some are doing like Old_Skeet and scott, then that is a good idea. Keeping your asset allo…
Stories like that link convinced a lot of people, including myself to take the pension as a lump sum. I wonder how much if any does that action affect the balance sheets of the plans?
Relying on another firm or your company to invest your pension m…
Merry Christmas MJG and Dex.
14. "There is no such thing as a normal economy, or a normal stock market."
Perhaps there is but it is very short lived and if you blink you'll miss it. Ever wonder why Bill Gross termed the phrase "the new normal?"
8…
For a lot of families, #4 means high credit card bills.
@Old_Skeet, Agree. Our family was also frugal. That freed up a lot of money for education and such. There were no free handouts back then either.
It's good to read up on some of this stuff. Healthcare is not and will not always be a straight line upwards. There is an active thread here that touchs on this subject.
http://www.mutualfundobserver.com/discuss/discussion/17829/express-scripts-ab…
"The media and investors who focused on what they’re not paying for in the Cambria Global Asset Allocation ETF."
Jaffe puts up a headline like that and then tried to squirm out of it. That's how I read it. So, what was his point to begin with?
…
"So you have to say to yourself, "What's gonna happen in the next 10, 20, 30 years? Do I think the General Electrics, the Sears, the WalMarts, the MicroSofts, the Mercks, the Johnson & Johnsons, the Gillettes, AnheiserBusch, are they going to be…
"Market Timing" (no meaning yet) has nothing to do Day trading. Any more than owning a produce stand has to do with Selling Apples. One is planned buying/selling for profit one is selling a product for spending money.
There is a profit motive on bo…
The biggest problem I see is that there are those who are pushing for a one size fits all answer to a question that needs to be tailored and fitted to each retiree. There are way too many variables and each person has their individual issues and nee…
And they want to screw that up why?
That's what Congress people are good at. I would bet that neither of these two has any inkling about investing for retirement.
@PopTart, Do not let it end there. In many cases like this, your doctor can write a letter specifically asking for Harvoni along with medical reasons. There are always exceptions to the rule. Keep the pressure on and there is a good chance the insu…
India is a good long term holding for a small percentage of one's assets. With that said, I can sense a lot of investors will be chasing returns here. India can come back to earth just as fast as it went up. Load up on your Dramamine.
@TB, that was way back when the bank would bend over backwards to open a savings account with the $5.00 you had in hand. You probably got a piggy bank from them as well as a bit of education on the benefits of saving.
Now most banks want a huge m…
I always liked TurboTax but this kind of stuff would make me think twice before using them again. Lately I have been going to a human for my taxes. Probably ends up the same cost for me.
I have been on the global diversification bandwagon since the 90's. In the past several years though, I read more and more that by just holding US based companies, you already have good international exposure. @catch22, I think your 10% number is wa…
@johnN,
"Is another black-swan or turmoil like event coming soon in 2015? Any thoughts how to play this market?
I am still 80/20 but still have many yrs left. thinking about buying more oil."
IMO, black swans come suddenly and without warning. T…
A questionable election result for President would be a spark for a black swan but it would have to expand beyond that. If the military commanders and /or the Joint Chiefs failed to recognize the new Commander in Chief, then that could be an event t…
