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 Gandalf,
I am surprised with the offering, as to the limits.
Just popped in for a minute tonight; but there will be overlap (it appears from first glance) with a few of these funds.
The benefit of overlap, however, is that some managers wil…
Good Evening,
So, pretend you're walking near one of the active volcanos in Hawaii; and I am a nearby, but fairly calm vent.
I have read a number of stories regarding the SOFA/PIPA legislation; and find this story link to help with an overview, a…
Howdy Sven,
Yes, it is the Utah 529; and we will be using what they name the "Customized Static" option. A build your own mix from the available choices at this link.
http://www.uesp.org/Customized-Static.aspx
The current holdings are a bit too h…
Howdy fundalarm,
JR, I do believe we are thinking along the same lines here. Although I did note the 50% to the total bond fund; the consideration of a bit to the short term IG, too.
I think your choice mix should provide a smooth course ahead; …
Hey Old_Joe,
Didn't intend to scare the pants off of anyone. If our house was attaining those individual minimums for the funds listed; I would be sending this write from BALI; and you all would have an invite to visit.
Take care,
Catch
Howdy Zolta,
Nice to find you are here at MFO.
No, not a joke. The request is for a 529 educational savings account; as available in all 50 states, to invest tax deferred monies for a child's college funding. These accounts use institutional typ…
Hey, Max...
As to the bonds; our house is not really yield chasing, realtive to a high yield. The preference is the downward yield move as a result of other buyers and thus driving the pricing higher. This is where the profits have been for awhile.…
rono:
This quote: "
Sen. John Cornyn of Texas, head of the National Republican Senatorial Committee, also posted a Facebook note urging the Congress to rethink the bills. It's "better to get this done right rather than fast and wrong," he wrote. …
Thank you, MJG. Not that this matters; but it is interesting that this table starts with the most current year/data to the left side, while many charts and graphs start with the oldest data to the left margin. Perhaps a European influence; or to the…
Hi Max,
Per the prospectus: " PRINCIPAL INVESTMENT STRATEGIES
The Fund invests in a diversified portfolio of high-quality bonds and other fixed income securities. At least 65% of the Fund’s total assets will be invested in U.S. government obligat…
Hi fundalarm,
...."May i suggest, GULP, something that has a dose of treasurys? or, better yet, some TIPS?"
I will suspect there may be a few folks here who feel I may have tripped, fallen down and banged my head too hard......the bond thing in …
Hi Max,
I would not consider this fund as a stupid choice related to conservative bond funds and it has a decent near term and longer term record. I would find this fund to be a nice add to other bond area holdings; but it is a narrow sector, yes?…
Hi Max,
"Damn sad. The perfect example of what's gone wrong, not just in Pontiac. Governments at all levels are being starved of taxes to be able to run what government has a responsibility to run and operate and maintain. Back in the '80s or '90s, …
Kaspa,
Below is from Mark, just recently:
Mark December 2011 Reply to @catch22:
"I set up a hypothetical $100K portfolio of the MMLL Conservative and MMLL Agressive offerings on January 4, 2010. To date the Conservative portfolio had gained 7.39…
To All and Old_Joe:
Although my/catch22 post has an earlier time stamp. I did edit to add the link. This would have not been seen by OJ; and by the time I posted the link, OJ's MMLL text was in place. I suspect our posts were at the server about t…
Hi DAK,
I will dig around for a post I placed before the holidays of Fundmentals original write from Nov/Dec 2009.
I have not followed the mix.
Okay, I'm back........here is a link related to the MMLL and a comment about performance as set up pe…
Hi hank,
Perhaps 1.12.12 will be the date to remember.
http://www.businessweek.com/news/2012-01-12/treasury-30-year-falls-as-sale-draws-lower-than-average-demand.html
Take care,
Catch
Howdy fundalarm,
Really, a +1 for hank? I do believe he and I are noting the same pricing actions; just in different and generally opposing investment sectors. One may receive a profit with either.
Perhaps another bond investor will offer some su…
Howdy hank,
Now, hank; you know that example may confuse some folks wandering into MFO for a read. While the calculation provides data for a buy and hold of a 10 yr note; this is not a likely scenario for the individual investor. This would be the …
Hi rono,
You noted: "Be that as it may, this expansion of credit is extremely positive as a counter to the liquidity trap we're in."
I won't disagree with your comment; but I remain concerned with this spending from November; and whether the repa…
Howdy Max,
Heck, why buy any of them? Don't get stuck on the $.07/share. Total return is what you're going for, yes?
You can get 3%/month right here and now........the Greek 10 year government bond; theoretically backed
by ouzo or whatever you ch…
Howdy Anonymous,
Are you a bit edgy about using a real name, today?
This house is not and has not been invested in any Oakmark funds. I will presume DO's notes about the funds/manager in question are accurate and is expressing reasons for not choo…
Hi hank,
This time of year, after the holidays; might it also be related to "too" much stock and/or other returns and the vendor is just trying to clear out inventory?
I would not be surprised with some of the discounting during holiday shopping …
Howdy ET91,
If it is SEC delay, I agree.........brain dead thinking, eh?
Here is the Doubleline homepage for all. There was a message posted (Friday) in the comments header about the delay/review.
I presume returning to the page on Monday may fin…
Soupkitchen,
NickF's thoughts about overlap is indeed of value. Along that path, however; is something we use regarding overlap; but is a cushion against one manager on a different path vs another and resulting in a lower return than one may expec…
Soupkitchen,
Our main accounts are also with Fidelity; so you too have an almost unlimited choice of funds. I presume this is Fidelity, U.S. and not U.K.? Although I don't know about differences in investment choices.
FNMIX , for emerging marke…
Don't know if this is the full story, as WSJ; as I am not a subscriber to WSJ. I suspect this write at least provides his overview. I'll throw in my inflation adjusted 2 cents worth at the >>>>>'s.
Burton Malkiel: US Stocks Are Bette…
Howdy Max,
You noted: "I was not impressed at all with the way Royce handled a couple of things with me....So it's not just dollars and cents. I need to be convinced that the people who take my money and invest it are not going to give me the run-…
Hi hank,
If I recall properly, I did simple math and the raw NAV return was 414% through yesterday. Every $1,000 invested at fund inception would be valued yesterday at $5,140.
As to time frame, for a shorter period; meaning not 50 or 75 years,…
Howdy Accipiter,
Thank you for the update. Although this house (probably the last one in MI) does not use Facebook; it is easy to understand attacks at such a site with its gigantic user base.
I will pass along this info/link to the 5 million folk…
Howdy Ted,
Hmmmm......interesting that I was doing some math with our LSBDX holding today. I was making a replacement fund list for the proceeds of selling the majority of this holding.
I agree with your note about the Treasury sector; and that …
Hi hank,
Just a quick peek at Oakmark, from their website; and fund inception in 1995.
http://www.oakmark.com/funds/single/sf_p.asp?fund_id=20
Take care,
Catch
Howdy Flack,
Thank you for your time and efforts with the numbers. Our house has been in the markets since 1978; have not had to rebuild from any major market drops related to our holdings in those periods; a bit anxious about growth going forward…
Morn'in Ted,
Thank you for the links. I did hear a few blips on the tube regarding Mr. G's new thinking. Part of his new write; is what I still feel is the "new normal" and it continues its path down the road. The "unwind" is not finished for debt…
