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You have to think in terms of productivity, right? I know a lot of people get a lot more productivity out of a phone than I do but I just can't imagine how I'd get anything close to enough extra productivity out of these nifty new models to justify…
It's rather amazing to attack an article before even publication. Even more so are readers who support Gundlach for doing it. Those are the kind of anti-free-press tactics that exist in dictatorships. Apparently, it's "fake news" before it's even ne…
Hi @Old_Skeet, I'm just wondering why you chose the Lipper Balanced fund to benchmark your performance. Since it's an index created out of the largest 30 balanced funds and weighted by AUM (I believe), you end up comparing your portfolio to other m…
This is a strange one, but I think this is what you were missing- M* categorizes the fund as 'Large Value' until 2016 when it became an emerging markets fund. The fund was sub-advised by a firm called Barrow, Hanley, Mewhinney & Strauss until l…
I'm a little surprised that the Stalwarts funds were introduced because they wanted to create some room for people, advisors mostly I guess, to invest more money, but the 2 funds have only garnered $500 million. That's not a small amount of money c…
XLU, another utilities fund and my choice for summer seasonal rotation, was my winner at +.0.32%. Of the more diversified funds, OBIOX only lost 0.56% and MEASX was close behind losing 0.62%. At the other end were my healthcare funds, ugh!, with H…
@lssegal +1!! The other important aspect is who bears the cost and who derives the benefits in many of these discussions. In many cases those who are most adamantly in favor are the ones who get a disproportionate share of the benefits and who wan…
She did a pretty darn good job of beating both her peers and benchmarks with the funds she managed at Wasatch. Unlike Grandeur Peak she seems to have left without the team of Wasatch people that GP walked away with so I'd be more concerned about th…
It's the quiet period so, in theory at least, they shouldn't be answering those questions. I'm surprised Vanguard was able to drop the press release Ted linked but the reality is they didn't say much other than what's already in the registration st…
Based on M*'s X-ray tool I believe I could look at very close to if not all of the combined holdings. They appear to share 3 common investments- Samsung, Taiwan Semiconductor Mfg and Fuyao Glass Industry Group. These holdings represent 7.57% of SF…
Agreed, but does anyone know anything about the who are going to manage the equity portions of the funds- Nataliya Kofman for Wellington and Ian Link for Wellesley? They both seem to be managing funds registered in the UK. She seems to be managing…
I hold both, MAPIX partly because I've held it for a long time and it's done well for me and partly because I don't have much exposure to Japan in other holdings. I hold SFGIX as my larger cap emerging markets fund and GPEOX as my small cap EM fund…
It happened to me something close to 10 years ago and I didn't realize it until I looked at my 1099. It was in a taxable account where I had DCA'd into a fund (I can't remember which fund it was) and I wasn't sure how to adjust my basis because I'v…
The part that always bothered me is he'll go on CNBC or do an interview with Barron's and he'll say stuff that's totally true at the moment he says it. Unfortunately he might change his mind overnight and not only doesn't anyone know that but there…
They do a monthly review at Advisor Perspectives, the latest of which is here: https://advisorperspectives.com/dshort/updates/2017/06/22/conference-board-leading-economic-index-continued-growth-in-may
I thought they occasionally, or maybe even reg…
You're absolutely right about being a trader but that's why I'd second guess fading him. On a percentage basis he may lose money more often than he makes it, but when he gets it right I think he tends to make a lot. That means you either have to h…
@hank, the etfs I used for comparison were VTI for stocks, TLT for bonds and GLD for gold, so its physical bullion. For cash, portfolio visualizer has it's own version of cash, CASHX, which I don't think is a real fund, but the rate it earns in the…
An additional thought related to PRPFX. Harry Browne's simpler approach that this fund is based on, allocating 25% each to stocks, bonds, cash and gold, is easy to copy with far lower cost etfs and the historical performance has been better on both…
As for the last month, if we assume the same sectors continued from May into June, Technology was hit pretty hard (-5+%) and Consumer Discretionary was down roughly the same as Healthcare was up. Industrials were up a little but not much. I looked…
Oh, sorry. What I've done is to use the SPDR etfs for the sectors the fund is in as of the most recent info I can get and I just allocate 25% to each even though that isn't completely accurate. For the bonds, I either use nothing because I'm revie…
CAPE isn't difficult to emulate with etfs if you have the data to calculate their modified CAPE or you're willing to be off on your timing by about a month. It's just my guess, but because their version of CAPE looks at a sectors CAPE relative to i…
Smead has been saying this at least for several years since I became aware of him. At this point it's not new news so the bet is only whether the impact millennials have is better or worse than expectations rather than an undiscovered opportunity (…
I agree with your comments but I think you have to differentiate between a low price caused by less demand and a low price caused by excess supply. I believe the current price is and has been almost entirely about the latter. I'm not sure how much…
I can't figure out why the 10 month SMA system doesn't get more press for retirees. You will get whipsawed occasionally but you're never going to suffer an enormous setback. When there is a big crisis you're going to come out ahead. If you compar…
I'm not a fan of Ms. Gaffney so I'm biased, BUT... she was apparently a big deal at Loomis and she left. Presumably that was because she wasn't going to get the top job or because she wasn't able to invest the way she really wanted to, or both. Sh…
According to Investopedia investopedia.com/ask/answers/030415/, both the Fed and the IMF have tested stocks and oil and found little correlation. While there are periods when one appears to lead the other, over time they are not connected in a pred…
Yeah, you're right and that was part of my point. The majority of the return is driven by a formula. But the bonds, aside from delivering an income stream, can still work better or worse with that formula to provide a smoother ride and to 'help' t…
Same problem but I was able to get my portfolios normally on my iPad app. I just can't update them for dividends so today's values are not totally correct unless I manually adjust them or, fingers crossed, if they fix the problem before the market …
@catch, it's a great observation that I have a few additional thoughts about having been a Patriots fan since the '70s and more recently a fan of Doubleline's Enhanced CAPE fund thanks to all the discussions here.
Both sports, especially football w…
At least we'll see if and how it adjusts. I'd guess energy is the sector that gets eliminated because of no momentum, and I can't imagine technology is going to lose that fight anytime soon. The thing is the fund isn't overweight technology compar…
First of all, I'd think long and hard about how much you want to put in large growth at this point. The run has been magnificent and maybe it will continue for a while, but at some point it's going to end. It probably won't end nicely. For that r…
It doesn't have to be but I could imagine the answer being different for active and passive. I have 18 funds and, like fundly, they each have a specific purpose in my portfolio. In a few cases I have clear overlap but for good or bad I don't want …
I find it interesting that the moderate allocations are so much closer to aggressive than conservative. Granted, conservative is very conservative, but I would have incorrectly assumed that moderate would be more or less the same as the averages yo…
If I was in that position the question would be whether the cash they're throwing in is worth the effort to move the account and potentially move it back or giving up the flexibility to buy more of the funds they'll hold but won't allow you to add. …
@fundly, I'm not sure how you see it because I don't see it on the internet pages BUT I did find net assets for the last 10 years on the .pdf report for a fund. The pdf report is also a Premium feature but thanks for your persistence that drove me …
@expatsp, yes, I'm in it and I think what I've been learning just makes me want to control my exposure more than I was pondering previously.
TDVFX is a fund I like a lot and I'm not in it yet but I will be eventually even if I have to open an accou…
@DavidV- here's the link. If it doesn't work for some reason I just went to doubleline.com, search for the fund DSENX, clicked on the Statistics page and the sectors are at the bottom. doublelinefunds.com/shiller-enhanced-cape/statistics/
Its rea…
Unfortunately, as of last month, all 5 of those stocks were in DSENX because the four sectors were technology and consumer cyclical, which cover those 5, healthcare and industrials. Doubleline hasn't provided information about this month's sectors …
I have M* Premium and I don't find historical AUM anywhere. Even in the premium search I can only find the current AUM as a screening criteria. I think the MFO discussion Derf posted is your best bet. I've always used the SEC Edgar data if I need…
