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.
Education is like the housing bubble:
Both were touted as a positive by Gov't, housing/Education industry and Wall Street.
Since the 1930s Gov't has provided programs to help housing in the hope it would help the economy.
Gov't has many programs f…
Oaktree called back and stated that they will still sub-advise Vanguard and just branched out with their own funds. No word on when funds will be available through TDA, Schwab, etc.
The link is not working. Try below. Bob is expecting fiscal conservatives to take over, low interest policy to disappear and stock crash which FPA is ready to pounce on.
Another doom and gloomer. Aren't you scared Ted?
http://news.investors.co…
I think Vanguard and Fidelity don't concern themselves at all with corporate executives, BODs, pay packages, etc. As top shareholders in the country, their customers should expect them to be some what interested, if not exactly Carl Icahnish about …
Charles,
I just called them, but the rep had no news on Vanguard sub-adviser or when funds would be available through TDA, Schwab, etc. They said they would get back to me though.
Or I could buy Oaktree (OAK), Blackstone (BX) or other private equity investors who have been buying up distressed bonds and other energy assets. Oaktree did not fare well last year, but given that they are the world's largest distressed investor …
Same category with PRWCX and FPACX: MAPOX on 05 Jan. '15:
down -$0.95 cents, or -1.09%. It's a gooder.
Why do we overthink this? Are those are all you need? 10, 15 year TRs
Fund 10YR 15YR
PRWCX 8.82 10.63
FPACX 8.50 10.83
MAPOX …
...that it timed well with my automated purchases. Schwab gives the option of automatic purchasing on 5th and 20th of each month; I have several of my long-term mutual funds set to purchase on those dates.
I just set that up at Schwab the other day…
Former Oil exec"The Coming Oil Glut" by Maugeri, Leonardo stated in 2012 that oil prices would fall because of surging supplies brought on by massive investment in production starting in 2010.
http://belfercenter.ksg.harvard.edu/publication/2248…
Trying to out think that chart would be like playing whack a mole.
If you believe in reversion to the mean then worst performing sectors should have higher probabilities for bettering the mean in the future if other factors such as P/E ratios vs hi…
Hi Guys,
http://awealthofcommonsense.com/
I too consider this chart one of my favorites. It presents extremely broad asset class returns over a 10-year period.
The chart once again illustrates the random nature, the patternless character, the …
FWIW, a relative took the injections about 5 years ago for Hep C. Super lucky to have very few side effects. All new oral drugs are much better. If patient is not suitable for Abbvie, doctor can request Harvoni. Best wishes for the uncle.
Title should be How America Saves - 2014 edition. It's all great information on retirement data, but I was hoping for biting commentary from Vanguard on exactly how "America saves 2014".
@mona, @johnchisum it is better to follow trends such as
How technology hurts health providers
for investing purposes than be distracted by political ideology colored data (on either side of spectrum).
The changes mentioned in that article above…
I figured... :( I don't want to cut and run just NOW. Worst possible timing. I can afford to wait a while.
I said same thing in Sep 08, which was NOT worst possible time.
Yep, those drugs are very effective, prices are almost fair and Medicare covers almost all the costs. So instead of paying 100% of drug costs, they could just invest difference, say $100 into IBB every day and could be sitting pretty.
Reply to @davidrmoran:
Concentrated funds seem to do the best, which is why I like these funds, but AOR is not bad for 0.30% ER, similar to Vanguard Star which I use for kids 529 plan. I think all of the above make good core funds and then go heav…
Reply to @David_Snowball:
From the WSJ article
If you don't have current subscription, search for
"And the Next Star Fund Manager is" on Bing/Google and click the WSJ link to get full article and full table.
No Confirmation Bias at all :)
ASTON/River Road Independent Value Fund ARIVX 97%
Greenspring GRSPX 96%
Akre Focus Fund AKREX 93%
Queens Road Small Cap Value Fund QRSVX 93%
Oakmark Equity & Income Fund OAKBX 91%
Appleseed APPLX 87%
Berwyn Income…
Looks like Icahn pumped another $500M into Apple today. I thought Netflix tanked because the programming costs were so high, but Icahn got a triple out of Netflix in a year so he does have an incredible record.
Reply to @Charles:
Apple stores highest gross/SF in USA!!
1. Apple
> Sales per sq. ft.: $6,050
2. Tiffany & Co.
> Sales per sq. ft.: $3,017
http://www.usatoday.com/story/money/business/2012/11/18/most-successful-retail-stores/1710571/
BDMCX is market neutral fund with no long term record, MFLDX is long/short equity that was down -13% in 2008.
"Long/short equity has a variable beta, ie, can be neutral to the market, but also
net long or net short". Since market on long term is u…
Reply to @Charles:
Hedge fundie Lampert has decimated Sears. Investors should refuse to touch the stock and hopefully someone else will take over. RSH has been spiraling down for 15 years. New concept store seems like a good idea, but they need…
Just got in MFLDX this week at Schwab. Expected trade to be cancelled because it states only open to existing SH, but I was able to get in on employer self-directed account. Maybe Schwab aggregates so MFLDX only sees one big account. For BDMIX, m…
Reply to @Old_Skeet:
I've been here longer than most and was semi-active in the fundalarm days and find this board is quickly disintegrating because of chaos in the discussion board. Most of us have jobs, kids, activities, etc and can't spend unli…
It was warmer in the South Pole than Chicago this morning!
Don't miss those frozen days of my youth in Chicago. In SoCal the wind chill got below 70, so had to put on a long sleeve shirt, unbuttoned.
Did you mean to put these link instead?
http:/…
On second thought there is just no free lunch: Better stick to good stock pickers
"Low Beta Bubble’ is ‘On The Verge of Deflating’: BofA"
http://blogs.barrons.com/focusonfunds/2014/01/06/low-beta-bubble-is-on-the-verge-of-deflating-bofa/?mod=yahoo…
Reply to @scott:
Is the Bid/Ask on ALFA $35/40??? Sure way to loose many.
Would GURU investment would be better with 20% in cash and 80% in GURU?
SPLV is probably more appropriate for this crowd, guess the high percentage utilities in the fund ma…
Reply to @cman:
I have the suspicion that A-A reasoning is being used as well. It would take Dr. Hussman to refute.
However, it logically makes sense. Once more investors allocate to stock the P/E ratio goes up and stock become overvalued.
Sextant International SSIFX is low risk/return.
This is small cap but has done well- Grandeur Peak Global Opportunities Inv GPGOX.
You could try 60/40 in these funds?