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.
JJA or RJA - these are notes which track AG commodity indexes and are not equities like MOO. the equivalent in ETF land would be DBC, but its structure is quite complex for tax purposes and the tracking error is larger.
i reinvest in tax deferred and roth, and usually do not reinvest in taxable for above-mentioned simplicity of tax basis calculation. however, there are always exceptions. there is an aggressive frontier market fund that i reinvest - i let it grow …
agree, mo. i ve kept one of my 401K intact for over 8 years and will continue to do so because of the quality of the offerings and reasonable expense ratios. my smaller and "loaded" 401K got converted to Fidelity right after my departure, and, ult…
If it is a reference to a mutual fund, then it would include both any appreciation and any income. If a reference is to a closed-end fund, ETF or a stock, then it would be share appreciation only. That's my understanding.
personally, i would never invest in anything dubbed socially responsible or islamic principle or any other gimmick. the purpose of investing is to make money. social responsibility is in the eyes of the beholder. for someone, it is socially respon…
russell 2000 index - small cap growth. All high beta names which lead the rally are down more than S&P. Consumer staples, utilities and health care are holding up well (or down slightly) while energy, commodities, small caps and emerging marke…
on a day like today, you would want more unloved treasurys and less of overhyped high yield. just a thought -- without knowing your age, risk tolerance, other asset allocations, percentages, etc.
with TDF glide paths, one need to be careful if their offering is designed as the "to" retirement, or "through" retirement. different houses make different promises.
DPN, create a smart taxable account. Get either munis or tax-efficient cheap equity ETFs there. (or anything that doesn't have much distributions until you sell.) Also, if you have any children, try 529 - college savings accounts. They are funded…
looks like many professionals and individuals are shorting gold and especially silver and calling for the market top. I heard SLV is out of shares to short (or too expensive) and they are now moving to CEF (which invests a large chunk in silver). …
agree with a lot of your arguments to a point. Yes, it is a poor idea to buy a closed end fund at the IPO. But the dynamic of discounts and premiums could be used, if studied, for better entry and exit points.
also, one advantage that CEFs have…
Both Investor and Accipiter posted solid replies. I only suggest that you use the recent 52 week average premium/ discount and also look at a long term history. GIM goes back many years and it is all available on cefconnect.com (nuveen website) or…
RRTIX and RRTAX will have majority in different bond classes - i am even willing to bet they are managed identically. However, as Investor pointed out, they are not pure bred bond funds if that's what you need for asset allocation.
I am in GIM as well. Managed very similarly to the mutual fund, but it is at a premium that seems getting steeper with each day. I was able to add to my position recently by placing a limit order and was pleasantly surprized that it was hit. I am …
"disagree, Accipiter. Had a brief comment to Investor under another heading, and found the icomplete draft lingering. " this was saved during a 20 second typing of the above. Really annoying.
disagree, Accipiter. Typed a brief comment to Investor under another heading, and found the icomplete draft lingering after the posting. Quite annoying.
Hi Investor, just wanted to point out that not just one fund broke the buck in 2008. The reserve fund just happened to be the one without a parent or an affiliate to bail it out. Many other organizations "made whole" their MM funds by shoveling te…
Series 7 were designed years ago and it is the most boring exam out there. the license won't help you get the right job. Try to get a job of interest first, and if series 7 is required, the employer will pay for you. The rule of thumb is to study…
amaizing performance for cash: +1.15% today! Spencer, the M* can't handle anything but bonds and stocks. they reflect collateral that the fund uses for their swaps and futures exposure. the M* report here is meaningless -- you need to try to get t…
agree. they are a narrow and specific new breed - investors (usually retirees) beware. we thought of launching something like this, but it didn't stand the backtest scrutiny. unless of course you wrap an annuity contract around your income fund, w…
dear spunky, what is the point of this message? are you discussing a particular fund, which returns capital as part of its distribution policy? there are many sophisticated investors on this board who understand the difference. also, what you're …
