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 @TNK: Having watched it, I think the phenomena of internet echo chambers that allow people to simply borrow talking points and opinions with very little understanding of what the terms mean or require critical thinking turns brains into ves…
Very difficult to say in your specific case. I have encountered similar errors in other brokerages. Sometimes they are to my advantage and sometimes not so some of them are honest mistakes I would think. Registering the cancelation as a sell followe…
Most advisors are a waste of money. AUM based fee advisors make sense for a very small group of people who need comprehensive life planning where the income/earnings from total assets are large enough to make the fees small change and not eat into r…
Have done some rotation because the market highs has been so one-dimensional and flawed because of the benchmark being used - S&P 500 to guage market levels. Most diversified portfolios will be severely underperforming this artificial benchmark.…
There may be one issue with Fidelity if the regular account and trust accounts are handled by different units. For example, their individual or small group retirement plans are handled by a different group than the regular brokerage account. Often I…
Don't have anything to say regarding your particular case other than sympathize. Have two rules to deal with financial organizations to prevent me from being fed up with every one of them.
1. Any new thing you want to set up takes time in weeks not…
Don't understand why media treats Fed Govs like Popes, hanging on their every word. They are just ego-driven, power-conscious blowhards in jobs with very little accountability or need for consistency or responsibility. At least the Fed chief can be …
Too many risk factors some of which aren't even known yet. They have no tangible/book value and so worse than Gold which has tangible value but no returns. More like Dutch tulips. Ok if you have more money than you know what to do with.
Reply to @Junkster: There are bonds that act like equities and there are are bonds that don't. So, you can construct an all bond portfolio that has an equivalent balanced portfolio with same volatility and risk/reward and sensitivity to market cond…
Reply to @catch22: All individual bonds trading before maturity (not new issues) compared to equity trading as bond fund managers may have to deal with. People buying bond funds have very little idea about how this trading looks like. Trading baseba…
Reply to @BobC: I would pick a well managed floating rate fund over flexible duration funds in current scenario for tactical allocation and vice versa for long term strategic allocation. Latter type of funds sounds good in theory but difficult to do…
BobC is right. Thing missing in discussion is ability to participate in portfolio management as and when needed and the margin of safety given portfolio size vs needs. No two people are alike in this.
Higher the ability/margin, higher one can risk …
Reply to @JoeNoEskimo: You may turn out to be right. Hope you always keep a stop limit order just in case. Imbalance in QE policy between Europe and US may throw all calculations out the window.
Reply to @JoeNoEskimo: Curious about your EUO purchase. One of the ETFs I follow. It just changed from a hold to a sell in my TA. Has been trending down 1 mo+. Trying to catch a bottom in leveraged ETFs can be brutal.
Problem with this thesis is that it is not possible to predict what diversification decided today will lead to reduced or increased volatility in the future and what will or not lead to better performance. There is no "ideal" diversification except …
Reply to @MikeM: Gold is inflation hedge. Miners are leveraged play on differential between gold price and extraction price. Differential is zero to negative around 1200.
