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.
Howdy Ted,
Thanks, but there are days I already think I'm too old.........and some days I feel too old, too!
Now, back to Ravel's Bolero here; before moving more snow into a different pile. :)
I enjoy, in particular; Bolero, when reading here and at…
Articles from Zack's that fall into the pc mailbox from other sources have been viewed in the past. These are the best-of market sector type of notices.
The most common feature I note with these is that their top 5 funds list contains fund tickers …
Howdy STB65,
:) You noted: "and all of us on this site are overt or closeted market timers."
"In an attempt to curb this addiction, I am trying to buy an equal amount of an index fund for every actively managed fund I buy."
>>> Ah, he…
From the article: "In December, only 62.8% of people in the U.S. older than 16 were in the labor force. That matched the lowest participation rate since 1978, a time when women were entering the labor force in greater numbers."
>>>The midd…
Hi hank,
Thank you for your time with this. I can rationalize speculation and investing, too.
Mr. Brandes had a thought process going there somwhere, I suspect; but I sure didn't get the drift of the words as written.
Our holdings are not what t…
Hi Crash,
About this quote: "Charles Brandes: "I don’t know if your readers would believe this, but if you have a period of time for your investments shorter than three to five years, you’re not an investor. You’re a speculator."
I'm likely too ti…
Howdy Kenster1_GlobalValue,
Thank you for linking the write.
About this quote: "Charles Brandes: "I don’t know if your readers would believe this, but if you have a period of time for your investments shorter than three to five years, you’re not …
From the article:
“I'm telling my clients, first of all, we saw the potential for this kind of market pullback and that's why they already have a hedge in [their] portfolio. I'm also telling them if we get to a fork in the road, we're taking the m…
Hi PopTart,
Fido does indicate PRHSX closed; on the site, but the fund is open. If you really want to buy; I would make a phone call and ask "what's the story".
Okay, back to the snow shovel, eh?
Take care of you and yours,
Catch
I recall (not specific quotes), broad sweeping market messages well into the summer of 2008 after the market swings that began in the winter of 2007 and moved into the spring of 2008. All imagined forecasts and recommendations were on the electronic…
Howdy kallerid,
Your question: "If your goal for a certain % of your portfolio was absolute returns with almost zero probability of loss?
Probably not on many portfolio construction lists today; surprise, surprise:
TIP.....
TIP is +2.1% YTD. …
Hi Charles,
Our house is bullish enough to think/know some of the economic fields have been plowed, a few crops have been planted here and there; but I'm still not so sure about some of the "farmers" who have been or are in charge of the planning …
Reply to @Crash:
Keep in mind, that I did not attempt to note problems with how anyone classifies a balanced fund. I could not offer a pure category, and especially in view of an active managed fund. The thrust of the thought is to always do the h…
Howdy hank,
As a general rule, I try not to wander too far outside of a thread subject; but this is the easiest method from me to you (all) to view this Canuck snowblower video. This unit won't fit upon our roof tops (not the std. 16 hp unit), but …
You questioned: "It is a totally failed experiment, with enormous pain. Will they never learn?"
>>>This "stuff" has been go'in on a long, long time.
I believe the word of description is:
ol·i·gar·chy
[ol-i-gahr-kee]
noun, plural ol…
Reply to @Crash:
You may sort the list to your choice with clicking upon the blue headers above each list.... 1yr, etc. Ex: selecting the 1 yr list more than once will toggle between the best return to date to the worst return to date.
If you se…
Reply to @Crash:
Both of the funds you note are on the list.
If your're using a pc for viewing, once the M* list is loaded, do the "ctrl and F keys" simultaneous to bring up the search window and type in the tickers and find. This is fastest, qu…
Crash, here is the Asian Confidential article, you noted; for others to review.
You noted: " If I’m right, there may be deflation followed by extreme inflation (or one quickly followed by the other). That makes investing a tough game. Under both of…
From the article:
“This is an unusual January,” Joseph Quinlan, chief market strategist at U.S. Trust Bank of America Private Wealth Management, which invests more than $300 billion, said in a phone interview from New York. “We’re right on the kni…
Reply to @DavidMMP:
The numbers:
******* 1 yr 3 yr 5 yr 10 yr *****YTD
PRHSX 51.4***30.4***27.8***15.3******6.9
SHSAX 44.1***21.8***19.8***13.2 ******3.5
FBIOX 65.6***38.8***27***14.3******13.1
IBB 65.5…
From the article: "The average monthly Social Security payout for retired workers is $1,269."
I don't know whether this is gross or net; but likely the person has also signed for Medicare, which will pull $100/month out of the SS payment.
Also, a …
Hi Max,
Disclaimer: I am not a tax attorney; nor do I act as one in any public place, movie or tv program.
First, I will presume you read the whole transcript including the below directly regarding 403b's.
From the text:
Benz: I'd like to d…
Jay Leno, July 2009. This story is related to a tv program he did regarding the 3D printer for making parts for one of his old steam powered autos. Being an auto fan, I happen to be watching the program
My guess would be towards Mr. Leno having s…
Hi JohnChisum,
I posted this previous:
1. Kill the value of the Yen.....inflating import prices on all products.
2. A new sales tax to take place in April, 2014
Their currency being killed is going to raise inflation; but that doesn't spell succe…
Howdy PopTart,
Don't recall whether you have direct access to Fidelity or not.
Anyway.....
FBTCX is an advisory share class (high fees/load). Fido has a retail FBIOX; and you may choose to look at the more diverse FSPHX.....33% biotech mixed with…
Hi Ted,
Your question: "Doesn't the snow blower damage the wood on Hank's deck and your roof ?"
Excellent question.
I should have mentioned that the small gas powered snowblower was fairly light and easy to handle. But, yes; I had to be very caref…
Hi hank,
Thanks for the roof video. I did this only once in the last 30 years, too. When we had a 16" single stage snowblower that I could "skid" up an an extension ladder in the year 2000. We had a nasty northeastern storm off of Lake Huron that d…
Morn'in Ted,
I liked that......thanks, a good one.
As to Twitter, I am taking all precautions in the bitter Michigan cold that I don't get frostbite on my Twitter; although a neighbor reportedly did have such a problem.
One can not be over-cauti…
Reply to @cman:
Obviously, I can not assume or answer to who has knowledge of or cares about asset allocation among those who post or only read at this site.
You have the presumption that AA has not been discussed here. You should start a thread o…
At the least, I am curious to read responses to most topics. Mark, your subject header for this post should at least draw a high view rate.
Take care of you and yours.
Catch
Howdy mrdarcey,
You noted: " In accumulation phase, asset allocation is 90% of the battle. MFO is great for phase two -- picking funds, particularly risk aware funds -- but @cman is correct, people don't really discuss AA much here."
My memory sur…
