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.
Not that it makes any difference to me, but M* says that Ferguson, Accenture, Schlumberger, and Millicom are US companies, whereas FMIJX says the companies are from Jersey, Ireland, Curacao, and Luxemburg respectively. So I believe FMIJX claims to b…
Thanks, Bee and Ben for your insights. It's funny that the very next day after Bee posted his suggestions, I got a report in the mail from FMIHX that included
FMIJX. Also M* recently ran an article "3 Superior Core Foreign Stock Funds". The 3 were …
The taxable earnings cap should be eliminated immediately. It is simply nuts that it still exists.
At the same time, let's let everybody earn the first $10,000/yr Social Security tax-free.
Do you think maybe the significance, importance, and inten…
@VintageFreak Why don't you expect it to be around? When do you expect to retire?
Yes, I'm sure you'll be fine financially with or without it, but it will definitely be there for you. You might as well look into it.
It's really no different from walking into a book store and shoving a book under your coat and walking out.
Well you're definitely incorrect about that, Lewis. if you steal a book from a bookstore, then they don't have it anymore.
Thanks, everyone for the responses. I guess the answer is that the term does have a meaning or meanings, sort-of. I had wondered if it were a term of art and no, it isn't.
For a while I even mused whether a special equity fund was a fund that inves…
@Ted @Kaspa I like the idea of Value averaging. Thank you. I may have re-invented the wheel, because in my ruminations I have thought of the same idea.
The problem arises when the value of the investment becaomes so large that you are unable to com…
I did a google search and found this:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2008465
It's a 26 page paper, and I haven't read it -- but this is exactly the sort of thing I had in mind.
What I am interested in is a mechanical plan, other than simple dollar cost averaging, for moving a lump sum into the market -- over time.
Here's and example I just cooked up.*** I make no claims that it is a good plan.*** I just made it up as an e…
Thanks for the links, Crash. Neither of these is quite what I was thinking. I was imagining something that would take a 100% agnostic view of market direction ( other than an assumption that prices will be higher a decade or more from now.) The inte…
Thanks Ted. I haven't listened to this yet. I'm interested to follow his assessment of whether or not we are in for a melt-up. (And yes, it was he who discussed this on Consuelo Mack's show -- In a recent post i referenced the wrong guest.)
@MikeM,
In answer to your comment.
It is pretty simple ... I have no one favorite fund.
C'mon Old Skeet. Play along. You are being downright curmudgeonly. It's like when my little sister insisted that my dad tell her which of The Monkees was his f…
If you were driving unsafely in any way, you failed to explain that in your post. Judging solely from what you wrote, I can't see how it was your fault at all.
I always wonder why they use the words "may be" in headlines like these. Would not a better, more accurate headline be: "Growth Funds Are Riskier Than they Appear" ?
Thanks, Slick. Of course, while the ultimate source of the funds may be Medicaid (to keep their tenants solvent), they are simply the landlords. They do not operate the facilities or receive direct compensation from Medicaid.
I am pondering OHI -- Omega Health Properties. The nature of the business is well described elsewhere. It is a REIT with a current yield of about 7.5%. The dividend has been going up by a penny every quarter. (Yes, I guess it's a gimmick, but it see…
This list alone is enough to convince me that that is not true:
https://en.wikipedia.org/wiki/List_of_scientists_opposing_the_mainstream_scientific_assessment_of_global_warming
You impugn the motives and integrity of those who disagree with "the c…
I have heard 2 arguments presented to convince me to believe in anthropogenic global warming:
1. All of the scientists have agreed that it is true. Or at least that there is "a concensus".
2. If you don't believe in it you are stupid.
#1 seems to…
Thanks, Ted. 10 years is too short for what I'm asking about. Looks like the best they have for a 20 year period is Vanguard Capital Opportunity at 12.9%.
@Junkster, what I was intending by using the word diversified was to exclude those funds.
I'm going to take that back about the insurance company coming out ahead on the deal. I found out that the premium was about $2,000 a year each. So maybe $80,000 in premiums paid out over 20 years. At a modest rate of return, this would not be enoug…
Please consider all of this information to be second-hand and unreliable, but I will tell you what I know.
I know someone who was very sold on this coverage. She and her husband began paying level premiums in their 60s. (Start early and the fixed …
For those who may not want to wait indefinitely for Morningstar to do the extremely complex calculation (or even to update the price for that matter) FAIRX is now down 2.35% YTD.
Thank you @bee. I will definitely check out visualize.
Of course, having no negative rolling 3 year returns is a far more stringent test than requiring to be whole again in 3 years.
