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JoJo26
Making tactical asset allocation tilts is not market timing.
I get the concept. Just messed around with an index fund in the tool... VTSAX.
Over the 5-year period ended July 31, 2016, it shot out a reference portfolio of:
51.16% SPY
17.08% VXF
15.97% IWB
5.33% IVW
3.55% VTV
3.40% MGC
2.61% MGV
0.90% IWO
Not…
I get the concept. Just messed around with an index fund in the tool... VTSAX.
Over the 5-year period ended July 31, 2016, it shot out a reference portfolio of:
51.16% SPY
17.08% VXF
15.97% IWB
5.33% IVW
3.55% VTV
3.40% MGC
2.61% MGV
0.90% IWO
Not…
I'd maybe have some confidence in this if there was some track record of an actual live portfolio replicating certain funds. Hindsight is 20/20.
By definition, running a rolling calculation is 1-month forward-looking, not a hindsight.
Conversely, yo…
Thanks for all the responses! Quite the variety in fund diversification I see. It seems that it really is more about comfort level and whatever helps you sleep at night.
For me, I like to keep things pretty simple:
1) Use active managers in areas w…
Dry powder at the ready. Fed and elections are going to reek havoc on the markets and have to be ready to scoop up some nice high quality companies at discounts.
I wouldn't consider it a "give it a shot" fund. I have it as a core EM holding in my portfolio. Mr. Foster is extremely intelligent and I think the philosophy/process he has in place is second to none. If you are looking for EM exposure, I'd certain…
"If you have purchased the Fund through an intermediary (e.g. a broker or a dealer), your eligibility to purchase the Fund based on the criteria listed above may be constrained by restrictions imposed by that intermediary. If such restrictions exist…
Unfortunately, I'm not with Fidelity, and I always avoid TF. Don't want those costs to eat into my returns. If I invest $2,500, I instantly dig myself a 2% hole. Same reason I'll never touch funds with loads. I've never understood the whole load con…
I'm overweight the "H E Double Hockey Sticks" out of EM within my equity sleeve. Long-term, given my investment horizon, I'm naturally overweight from a strategic perspective, but even more so right now. U.S. valuations just have be scared.
@catch22, I think the link you provided is where the data is coming from... I'm not sure, however, where the June data he is referencing is? There is no August release of the June data available yet...
As an investor in Oakmark funds for the past 20 years or so, specifically the international funds, I am not happy to hear this. Both OAKIX and OAKEX performance has suffered recently and I am fairly certain that asset bloat with OAKIX at 23.5 bill…
It's of course impossible to implement a perfect hedge, but FMI plans to consistently hedge 80%+ to keep performance tied as closely as possible to its individual investments and not currency fluctuations.
And if I'm not mistaken, JOHAX is closed t…
While what TD1 says is true about the potential whipsaw when the dollar does finally decline, I wouldn't make your decision for FMIJX based on the FX hedge alone. If you like the way FMI approaches investing, which is to construct a concentrated por…
I won't even mention OAKIX, which lost almost 10% after Brexit was declared. Anybody still holding on to it?
Sometimes the best time to invest in a fund is after it's gone through a rough patch. Obviously you still have to have long-term conviction,…
My advice to you... Do not redeem from a manager solely for performance reasons. If your fundamental view of the manager has changed, well then sure, otherwise stick tight.
My opinion, go passive and spend your active risk budget in the most ineffi…
I'd argue you can use technical analysis with anything you'd like, doesn't matter if it's "just a price chart." TR shouldn't really matter when it comes to technical analysis. Not that I condone using it; that stuff is black magic, IMHO.
Why does nobody seem to me concerned about interest rate risk these days? Do we just feel that QE will continue on forever? I get that yield is hard to find, but are you really getting an appropriate return given the risk?
