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 missed out on a good discussion here. Time zone warp does that.
The big point is, everyone wants and needs healthcare. Nobody wants to pay for it. To paraphrase Old Joe above, I may be accused of being a Tea Party member here and so be it.
The p…
I haven't been impressed by anything the government runs and the future of healthcare looks like it is headed in that direction. Past performance may be what we investors look back on and reminisce about as 0-care takes effect.
Reply to @MaxBialystock: I agree also. This petty dirt throwing takes away from MFO as a place to be informed and to learn.
I have noticed that some of the posts have been deleted.
Thanks David for another excellent commentary. I enjoyed the Buffett quotes from back when he had stuck to investing and had not yet been absorbed by the political entity and discourse of today.
For me, when I read all these anti-emerging markets a…
Reply to @Ted: When I clicked on the link, I ended up at StockTwits which had the article you mentioned. Nowhere in the link does it say ST so that adds to the suspicion.
Reply to @Kenster1_GlobalValue: When Chase took over WaMu, I sensed they would jerk around the former's customers and take away all the attributes that made WaMu popular. When it did happen, I fired them and now between American Century Brokerage ch…
Reply to @equalizer: In most of the countries in Asia, the development is primarily in the cities. Once one ventures out into the countryside, it is pretty poor pickings. Indonesia has a problem being not only a large country but one of islands. Muc…
Thanks for that Kenster. Many countries around the world would love 5.5-6% growth, the US included. The Matthews commentary easily counteracts the hyper attitude one experiences on CNBC.
This is my first time using the X-Ray.
Cash 15 0 15
U.S. Stocks 32 0 31
Foreign Stocks 26 0 26
Bonds 28 -1 28
Other 0 0 0
Not Classified 0 0 0
Total 101 -1 100
U.S. & Canada 56.53…
Reply to @Old_Joe: Point well taken OJ. Jobs also came back in time to shift Apple into mobile mode while MSFT stuck to the tried and true which was changing. In a sense it is the tale of two Microsofts. The server side and the consumer side.
I al…
I am a Apple fan and user but I will try to control my bias.
If the gains hold long enough, Balmer helps his retirement. The bigger question is, who will take his place? That could really jumpstart this stock which has never returned back to its gl…
Reply to @Old_Joe: The writer was thinking oil when he/she was typing gold. The best part was they left the mistake up for days before correcting it. Many posters including myself never let them forget it though. There were a lot of gold bugs on th…
"Study: early retirees less likely to die."
It appears that MW still employs the same editors and proofreaders who also priced gold by the barrel a few years back. What a joke of a website.
Death and Taxes, the certain things in life.
On that note, the Philippines stock market is playing catch up with everyone else due to being closed for a few days due to floods.
PSEI down 5.73% at this moment.
According to Bloomberg, it is the threat of the Fed taking away the punchbowl in Sept. Sounds like the standard media babble to me. The rupee has been hit hard.
Indonesia is an interesting case. It has not fully participated in the bull market like…
Just be cautious and aware of what you type on FB. Your birthdate should not be your real one. Also, I used a junk email account when I signed up. Don't use your primary email.
In a couple of instances, Facebook had changed some of my privacy setti…
Reply to @BobC: Totally agree with you there. Any suspicion of impropriety would lead me to pull my money from such firm. Some investors have short memories it seems.
"A single client redeemed $1.3 billion from the now $7 billion Janus Fund in July"
Interesting that one investor held that much of the Janus Fund itself.
The whole college education thing is becoming a huge scam. For years, our nephews got money that went into college savings programs sponsored by the state of WA. GET was the program I believe. The grandparents started it when it first became availab…
Reply to @golub1: Could you dollar cost average out of the funds versus a one time withdrawal/exchange? In a similar situation, I was fortunate enough to get out of funds with gains in years I had losses so they cancelled each other. I may be wrong …
On todays internet with free portfolio managers everywhere, it is easier to manage multiple funds than before. Twenty years ago, we would get in the mail a bunch of quarterly reports and such which made it harder to manage. It also depends on the am…
I had a GNMA fund BGNMX that was a long time hold that I sold and put into a short duration fund ACSNX with a current 1.8 year duration. Still keeping my MAINX , MAPIX , and MAPTX . Moved some money back in the spring to ACMVX which has held up wel…
Reply to @VintageFreak: In the case of Matthews, they brought into question the experience of Zhang with only one year as co-manager before this all happened. I think for some of us who own Matthews there are no worries. It has been reported that Mr…
I see a lot of the 70's in our current situation. We don't have the high inflation (as far as what the government figures say), or the high interest rates either but the malaise and negative feeling are there. Unemployment is higher than normal for …
I looked up VMVIX and it is still active from what I saw. A lower cost option would be VMVAX which is the same fund but as Admiral shares. A very low ER for that kind of fund. (0.10%)
Personally I think mid cap value funds are a good basic holding f…
I also agree with the "one pie" theory for asset allocation, that is counting all your accounts as one pie. The majority of people have their retirement funds with different companies. One service that made it easier for me is Personal Capital. ht…
Are you interested in using funds from other companies or do you wish to stay with Vanguard exclusively?
Mid-Cap value has been a great place to put money. VMVIX might be a place to start. As for other funds outside of Vanguard, Matthews has some e…
Reply to @scott: That's a funny way to show how speculation has inflated housing prices in Vancouver. The average citizen has to be wondering how they can afford a home.
Vancouver has been in a real estate bull market for some time now. When will …
I don't think bankruptcy has been approved yet. Considering this administration's past history of bailouts and coddling of unions, I could see something coming down the pike that would be very favorable towards the pensions of union members. Michiga…
How did I know this was a Mark Hulbert piece before I clicked on the link. Seems like every month he has a article professing the goodness of buy and hold.
Reply to @scott: Condos are really hot here. Most of these projects have amenities like a pool, exercise facility, and communal areas for grilling or larger parties. Many, like the example I posted have direct access to a mall. That is a popular dev…
