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.
this also calls for patient capital. searching for investable mistakes in a mutual fund setting when markets are down and investors withdraw funds is not possible. the managers are forced to sell at the bottom instead. this works in closed-fund an…
Reply to @AndyJ: this is true for all fixed income/ yieldy CEFs. all my lev loans, preferreds, mortgage, muni CEFs went to premium in the last couple of months. i can't bring myself to add to any of them at this point.
get into a good EAFE fund such as Artisan.. you'll have plenty of solid consumer staples names there. and they are cheap too. DIA consist mostly of the "autonomies" domociled in US. over 60% of S&P500 companies derive their income internation…
early 40s. no hope for either SS or a traditional pension, or any sort of inheritance. pay/job security correlated with stock market. my EME+EMD=12% is just enough for my risk profile.
Reply to @MikeM: registered investment advisor. not for direct retail distribution. ... good for you, not for me. i can only purchase loaded shares with 1.70% ER -- which i will not.
Reply to @MikeM: i am at similar percentages to you, but i only wish ODVYX was available to retail fro Fidelity. are you getting in through the advisor?
ummm. it's spelled EAFE. I personally have 4.5% with a core EAFE fund -- long time position which was increased during the selloff in 2011. i might even add another manager for diversification and larger exposure. and EM is EM -- a separate asset …
from the attached commentary, it looks like PONDX is making money via investing in non-agency mortgages. Ivascyn also invests in leveraged loans. There are plenty of funds that do these separately. PONDX just marries the two most popular (recentl…
Reply to @Investor: Pimco commodity fund does the same. they follow the index with TRS (total return swaps on the UBS commodity index) and invest collateral in TIPs to get at least some carry. you're, in a way, getting better than index return becau…
romroc -- you bought equity funds when they reached multiyear highs. if you were not hiding in the basement in Q2 and so far in July, equities are down since the end of April. as usual, when there is a hideout from risk, large dividend payers out…
Reply to @Hiyield007: don't forget that while junk is correlated to stocks, it is also being priced as spread to treasuries. the yield on those collapsed since late 2007 thus making HY movements more pronounced.
it seems that the markets were disappointed with the Fed and ALL inflation protection got clobbered. actually, TIPs suffered much less than commodities. Also, don't forget that nominal treasuries fell this week. They are the basis for TIPS pricin…
#1 is also confirming the case for treasury bonds that was quoted yesterday in a presentation that some of the FI allocation are not necessarily done to generate income.... but to provide profit when all else is down. we should not forget that high…
just one, and very agreessive, opinion. while it has some logic to it, the agression and insults negate any message. there is value, to some, in investment management advice. there is value, on average, to asset allocation.
Reply to @Kaspa: i bet there are tons of ETF porfolios, but this seems unique for the retail space (institutions have enjoyed access to 'recommended baskets' for quite some time). Also, ETFs have imbedded fees. This offering seems to be keen on kee…
looks like month-end rebalancing took place in institutional accounts. that's what we do. bonds were up by 3+ while equities down 6-12% (depending on the market). so you rebalance at month-end and start playing again.
the first sentence of the original post asks for a place to purchase individual stocks and reinvest dividends. while his current brokers can all do it, i agree with the majority that fidelity's transparency, ease of use, and investor friendliness m…
@msf. Jonathan Simon of jamcx is absolutely great. We invested in his institutional strategy on Jan 3, 2008. you can only imagine the performance roller-coaster in the ensuing period, but his steady value approach and limited unpanicked trading ke…
Because, OJ, gold goes up and dollar goes down when there is hope for QE / large scale stimulus and asset purchases. Lately, due to political shifts in many countries and unsustainable debt levels, the hopes for such easing have all but died. We m…
cool propaganda... a bit tooooo immature even for my kid... like at least some fact checking.... dates you know... facts.. 'world’s largest publicly-traded company', for example. there is lots of trash out there. just like 'your order cancellation …
seems very 'white oakish' to me -- concentrated; buy and hold; lots of growthy names @ large percentages. got very lucky recently with the apple & google run off. nope. thanks. oh.. and add the outlandish ER for holding and hardly trading a fe…
Reply to @MJG: i agree, judging from my own experience and that of others, that wisdom, if it comes at all, comes with age.
40 yo demand is quite arbitrary however. While I understand your assumptions, not everyone's career path and experience i…
Reply to @catch22: these guys really got in trouble during he crisis. Defauts were prevalent and many investors lost their principal. I watched this site in 2006/2007, but am happy i never jumped in.
Reply to @Investor: same here. there is cash sitting in my investment portfolios as part of asset allocation that goes up or down depending on my perception of risk. However, the cash CD is an emergency pile and is not part of the performance calcu…
Going back to Catch's original thought: I am one of those "individuals" who will segregate their cash in a save CD account despite loosing purchasing power to inflation -- and never count it as part of the investment portfolio. It might have someth…
thanks again -- all. just like with any illiquid market, i am looking for an actively managed fund, not an ETF. ETFs are great -- until there is stress in the market. i'll try to exlore getting odmax on the cheap -- the fund seems to fit the bill …
Reply to @catch22: thanks, Mark. this one looks interesting despite having bonds in it (i am pretty happy with my GIM position). I'll take a closer look.
