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.
Reply to @scott: Bitcoin may have been the first cryptocurrency but it has plenty of competition now:
http://dealbook.nytimes.com/2013/11/24/in-bitcoins-orbit-rival-virtual-currencies-vie-for-acceptance/?_r=0
Reply to @VintageFreak: I purchased the Institutional share class IPFPX at Fidelity. I bought less than 25K even though the listed minimum is 1M. It's no-load with a lower ER, but not NTF.
Reply to @MaxBialystock: My wife has had occasion to visit the hospital a few times in the past year or so. We have also been subjected to the question "what is your birthday?" Each successive hospital representative asked the same question. It was…
STB65: I enjoyed reading your post and appreciate it when people offer thoughtful opinions on important subjects such as this one. Being more of a lurker I don't normally post, however, there are a couple of statements in your post I wanted to comme…
Stumbled across this article from 2001 titled "Don Yacktman's Wild Ride-fall of a fund manager". I hold YACKX in my 401K.
http://findarticles.com/p/articles/mi_m1318/is_2_55/ai_69664642/?tag=content;col1
During the mutual fund purchase process at Scottrade you are prompted to choose whether you want the dividends reinvested or not. I have mine reinvested and there is no fee for it. There is no option for reinvesting dividends from stocks. At least n…