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.
Hi Investor,
Read Krugman's stuff a few days ago. 'Course he is a trained economist, and I am no way close to that.
From the text:
"de facto austerity in the form of huge spending and employment cuts at the state and local level."
>>>&…
Howdy Investor,
And you, kind sir; are the grand prize winner. Yes, the base wording is taken from an income style fund prospectus. The basic notations within the text do not take every risk aspect into consideration; but I feel does cover the prem…
Howdy Ted,
Presuming your investment portfolio continues to provide your house with excellent returns; your credibility and demeanor here at MFO continues to have diminishing returns.
E.O.M. (End of message)
Take care of you and yours,
Catch
Hi scott,
Yes, I agree. But, our house is not beyond hanging monies out here and there; while still maintaining a balance towards more captial preservation areas (whatever those may be in the years ahead...) To this, as we have discussed, there may …
Reply to @Old_Joe:
You will read and fully understand the prospectus, yes?
Do not skip the risk disclosure section.
Please sign our form below..............
:):):)
Reply to @Investor:
I agree with the consumer side of these type funds. I recall a thread several months ago about this topic for the Asia and Latin markets in particular.
Hmmmmm, strange. At least it is not taking you to my home page to discover all of my secrets....:):):)
Try this.......it is the direct link to the item 5 I mentioned.
Should be titled to the affect of "half truths".
http://halife.com/seniors/social…
Maurice and OJ,
This link has numerous choices, but scroll down to the number 5 link.
His explanation about where the monies go for SS and related seem to be fairly clear. You'll need to read down or scroll to where he discusses where the SS monie…
Investor, thank you.
I have wondered, in partiuclar about all of the new "emerging markets" this or that funds; as well as many bond funds of every blend and challenge, too.
Take care,
Catch
Hi fundalarm,
I find that WAEMX is closed to new investors; at least per Fido.
However, you may have already looked at this; but a consideration, too.
FTEMX , being a new Fido offering, but with manager John Carlson (FNMIX manager) also involved …
Hi Old_Joe,
Oh, I won't disagree. Geez, we find all sorts of the crooks and thieves gaming the system in SS, Medicare, Medicaid, etc.
And yes, the systems are a mess in some areas; and the vast size of the federal level programs has shown us too m…
Hi Investor,
If I recall and understand properly, there is a family (don't personally know them) in our community who lost the husband/father from an accident. I believe the family receives some form of SS...supplemental from his SS payments. I find…
Hi johnN,
In the way-back days early days of manufacturing, that was a method. Even the transport price (now an average cost) that is part of every new vehicle cost used to be by distance. My cost years ago on a new car was $13, as I lived in the ar…
Hi hank,
Ah, the good old days, eh? When one had to await the WSJ paper at the mailbox, on the next business day.
'Course, we boomers were in the prime earnings years, spending into the consumer side of life and lots of stuff being built in this cou…
Hi Old_Joe,
Yowee........
All large dealerships in our area are $75/hour; up from $65/hour from two years ago. This pricing is usually reflected with the local repair garages, too.
Take care,
Catch
Hi johnN,
Thank you. And I am fully aware of pricing for new and/or used vehicles in our area and also any financing costs, either new or used. Although we would likely pay a full cash amount and be done with that part.
The dealerships in our area …
Hi Tony,
I will agree. Although my T/A skills need much work and would be no match for yours.
But, the most simple of T/A and monitoring the Fundamental events of late 2007/early 2008 caused us to move the majority of our equity out of the market i…
Hi Sven,
Thank you for your thoughts. I should have prefaced, "not the extended warranty policy" offered by auto dealers"; but the other after-market place insurance vendors.
One car, a 2000 Buick LeSabre has been a great vehicle and this car will …
Howdy Ted,
No, no new cars. Looking at 2 year old models, many of which, in our area have about 30-35k miles of use. This is the relation to an extended repair insurance program; most of which will cover many major repairs up to the 150k mile range.…
Hi perpetual_Bull,
Thank you for your input. I should have prefaced, "not the extended warranty policy" offered by auto dealers"; but the other market place insurance vendors.
As you noted too, at $75/hour at local repair centers plus the expense o…
Hi Investor,
Thanks for the linked article. Many private/public pension funds are traveling the road of more monies into hedge funds. Personally, I think they are messing with the danger zone. 'Course, many of this pension funds are trying to play …
Hi Skeeter,
Well gee there..........you've got bonds just about every which way.
Have you run the funds through the M* check-o-matic to find a nominal grouping by bond sector/type?
Thank you for your work with your holdings list.
Take care,
Catc…
Howdy MJG,
A small piece snipped from your write: "Above all else, Langer believes that purposeful mind power absolutely rules. At times we are not as mindful, as logic driven, as we think we are."
>>> Whatever level of my logical side t…
Howdy Flack,
You noted, "My long-term equity position is going nowhere since it has been completely hedged since 1390 on April 9th."
Are you using inverse etf's or other for your hedge positions?
Thank you and regards,
Catch
Hi Skeeter,
Master no; but a kind thought. Still the apprentice working towards the next level.
There are more than enough here who have a most thourough knowledge of bonds and their reactions to market changes. I do feel I have traveled further al…
Hi hank,
Yes, SIRRX is showing to be a bit of a strange duck, too. A more conservative retirement fund than I though it might become and/or remain.
Knowing that many of us use our own benchmarkets privately; not unlike the ongoing chit-chat here; …
Howdy perpetual_Bull,
You asked: " With this many good managers around is there any question why people find themselves collecting mutual funds?"
For our house, if we find particular favor with given sectors; be they equity or bonds of any style, …
Hi MikeM,
You noted: "And honestly, some times I wonder why I bother with putting my own portfolio together. I think I just like "the game" of putting together my own group of funds."
I agree with both statements. The putting it together is part of…
Hi hank,
This weekend, I did look at HSTRX and thought the same thing.......this one is no longer a reference point.....I did a "bark-bark" when looking at the week/YTD.
I appreciate your thoughts about a change.
As for HSGFX, I don't think thi…
Hi Skeeter,
Okay.........you, you are front running and stealing my thunder for my write in progress. But, I had to stop for a bit for the all important 2nd large cup of coffee and decided to peek here.
You note:
"This past week consumer staples …
Hey bee,
Dont' have anything right now of consequence, as we sold our FFGCX fund several weeks ago and had direct exposure to energy with that fund.
However, I continue to watch GASZ. Yes, it is an etn fund; but is about the only decent play I can…
Hey johnN,
The bell toning the death of the bond bull market is not currently ringing a loud warning. I continue to search to vast wealth of knowledge about such things from the gurus of Wall St. and have not found anyone who can provide the month …
Hi bee,
For yourself, of which I believe you already know; and also in particular for others reading this thread, I surely hope my tone about PRPFX was not taken wrongly. I only placed my own counter questions and thoughts about equities and a few…
Mr. Cuggino is most assuredly much sharper than any investment knife at this house. I am also in agreement that this house prefers to find growth of global economies going forward.
Mr. Cuggino notes the following in quotes:
"Thirdly, many invest…
Hi Ted,
Will you be more specific. Do you not think any of the "mini" data was worth mentioning?
It is either the writer or the data to which you comment. Which might it be?
Take care,
Catch
Hi bee,
An interesting article and related to similar discussions here.
Chart 1, median household income is of interest. And I would not argue with the data. The income type used in this graph is understood to use inflation adjusted numbering; and…
