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.
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JoJo26
Making tactical asset allocation tilts is not market timing.
This is a fund that charges 2.27%, has never proven itself in a bear market, and has underperformed the S&P since inception. I fail to see the appeal. Then again, I fail to see the appeal of multialternative funds in general as opposed to say, h…
I had a TDA account but closed it due to customer service issues. TDA has a six-month holding period for mutual funds which is the longest of any of the brokerages I dealt with, and they charge $49.95 for transaction-fee mutual funds. They also were…
They're re-opening because they lost assets as investors headed for the exits after a "poor" 2017. First, FMI's performance wasn't exactly poor because essentially 100% of the underperformance vs the MSCI EAFE was due to the fund's currency hedge, w…
Not much of a spending difference between boomers and millenialls here except for the fact that many millennials don't have families yet and are beginning their careers so they probably eat at home less:
Millennials spend 44% of their food dollars …
https://cnbc.com/2017/09/14/millennials-are-more-financially-responsible-than-boomers-or-gen-x.html
A survey? of 1,000 Americans? First, surveys are very poor indicators these days (Brexit, Presidential election)... In the case of financial well-bei…
The transition was rocky primarily because of the dividends accumulated while at Scottrade. More specificically, on positions closed out in February while at Scottrade that had accumulated dividends, instead of the dividends going to our cash acco…
I don't believe it's the employers fault for pension failure, but the fact of the matter is that pensions have failed to hold up their end of the bargain, and I see no evidence that they will be sustainable in the future. The 401(k) is a great vehic…
It is my understanding that many pensions have became underfunded because of the interest-return assumptions many companies used to calculated to show being fully funded or at least above government mandates.
If a company is telling it's retiree's,…
@joj26 People need to take more responsibility for their own future well-being, and not rely on the support of others. If you want a "guarantee," you're going to have to accept a de minimis return.
Why didn't anyone say that to the banks in 2008? W…
"underfunded pensions are the result of, well, decades of underfunding pensions" - This statement couldn't be further from the truth. Underfunded pensions are a result of 1) mismanagement of pensions and 2) the unsustainable nature of them (you shou…
Hi, Derf.
My portfolio review is a victim of my problems with the Morningstar website. I can't even see my portfolio through Chrome, my default browser, and I've been exchanging (amiable and patient) notes with them for six weeks about it. That kee…
"And if the individuals involved were Chartered Financial Analysts"
There is no such thing. If you hold the CFA designation, you are a Chartered Financial Analyst Charterholder, NOT a Chartered Financial Analyst.
:)
http://www.hustlermoneyblog.com/best-brokerage-bonuses/
The above site is updated monthly. However there are a lot of bonuses out there that aren’t mentioned above. For instance, Fidelity will pay you $2500 to transfer a million dollars and over…
- ‘If You’re Holding Cash, You’re Going To Feel Pretty Stupid’
T. Rowe Price begs to disagree. Charles Shriver, co-head of Price’s Asset Allocation Committee, explains their new affinity for cash and bonds in this (Reuters based) NYT article from…
My unconventional Bucket #1 in retirement would utilize target date funds.
Bucket #1 would arrive in 5 year increments using target date funds that are spread out over retirement. If I were retiring in 2020...Bucket #1 would be (Bucket 2020) and wo…
@bee,
Like I've said, investors must utilize their risk budget wisely. Go active where inefficiencies lie and managers can add value. Int'l small-mid cap is one of the few areas left. You can't go wrong with Grandeur Peak either in this space. LMCG…
Everyone's misperception is that low vol funds will outperform in ANY high vol situation. The rout last week was a short-term vol spike (yes vol has ticked up and likely won't get back to the lows it was before, but it was still only short-term). Th…
Not nitpicking at all. There is a HUGE difference between long-term tilts to access risk premia and short-term tilts to take advantage of market dislocations.
If you invest in smart beta you are doing so because you believe in the long-term benefits of certain factors (small cap, value, dividends, vol, etc.). You are not making any tilts based on a shorter-term tactical move (sector overweights, etc). #po…
"In some ways, it’s similar to the smart beta approach gaining popularity in the ETF world."
Who writes this crap? In no way is this similar to smart beta, other than you can use the word "tilt." Smart beta tilts, however, are long-term in nature a…
