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 to steal Lewis' thread but:
"How the GOP Rigs Elections"
https://www.rollingstone.com/politics/news/gop-rigs-elections-gerrymandering-voter-id-laws-dark-money-w515664
"There are, however, several methods or tools that are helpful for estimating where we are in the current economic or market cycle based on historic cycles. These methods should not be used for making hard predictions about when the next bear market…
As long as Will Danoff stays as the manager, FCNTX if you're looking for a large cap growth fund that acts as semi-proxy to the S&P 500 index but beats it year after year after year. POAGX for it's go anywhere style and management team.
Edit: S…
Interesting point #3 Hank. I (maybe we) probably don't give it much thought as a rule but I can see where perceived instability, real or otherwise, might come into play.
As an aside, my dividend growth portfolio was down 1.08% yesterday. While not …
You're absolutely correct sma and I'll try to get you started. Decide for yourself if these are statements of fact or of alternate fact.
https://www.npr.org/sections/thesalt/2017/04/19/524563155/when-active-duty-service-members-struggle-to-feed-the…
Note: a touch of sarcasm follows. Anna, you might be confusing "supporting the troops" with "supporting the military." As long as I can remember most of the military personnel living off base would easily qualify for welfare, food stamps and so on …
You are correct msf. I missed that one. My apologies.
"2008 Transportation Funding – Chapter 152
In February 2008, the Minnesota Legislature enacted major legislation affecting transportation funding for highways and transit as well as investment p…
I've heard this song before. Nearly every state has cover of it in some form or another.
One party verse is all about no new taxes, and in fact cut those that we have.
The other says raise them to pay for this while not cutting the aid we supply to…
I love the stock market. It's the only market I know of where when something goes on sale people run in the opposite direction and/or toss away what they already have of it at lower and lower prices. Good plan.
With respect to that chart business, the numbers aren't lying. All it shows is that adding and/or removing a year leads to different or changing results. How you present them is where the lying comes in.
Yup Hank, kitchen and/or bath remodels, two of the biggest nightmares on the planet. I tell my clients up front to expect that most everything that can go wrong will. Beats apologizing or explaining later.
Ranking from Money section of US News:
https://money.usnews.com/funds/mutual-funds/rankings/preferred-stock
Kiplinger article from December 13, 2017:
https://www.kiplinger.com/slideshow/investing/T018-S001-10-preferred-stock-funds-safe-substantial-…
Interesting call on BRK.B Maurice. It may not be a mutual fund but it is concentrated and it's hard to argue with it's success. I'm not sure that I'd buy it here but I'd look hard at it during a market correction. One negative if you can call it tha…
@Mgconsits - you asked "Which focused funds do you like?" I can't help you there. I own very few funds these days having switched to a dividend growth investing portfolio for the income provided. Hopefully others more in tune with the current mutual…
As a former long-time owner this used to be one heckuva good fund. Somewhere the managers reasoning/managing ability train veered way off the tracks and hasn't been seen since. I personally would not invest in this fund today even if you let me use …
No football analyst here but at the start of the season the only question was who is going to play New England in the super bowl. Frankly I rooted for anyone who would beat them but they have a history of pulling wins out of their butts seemingly at…
VFINX or pretty much any other S&P 500 index fund, no load, 0.14% ER, 1.69% yield. I just don't see any reason for me to own this fund. There are many other dividend-centric funds out there that give you better bang for your buck with the same d…
Ah yes, respectable indeed, but SB52 is coming back home. I'd show you the play again but no doubt you're still in disbelief as are most of the eskimo's around here.
Translation: He's going on vacation with no access to a secure computer terminal. He plans on selling everything equity and putting the money toward US Treasuries. He plans to evaluate that decision once he returns to a secure base.
To each their o…
No apologies here. I'm just trying to stay hip/current/with it/in tune with the terminology/tone blessed by 45. Also, what is more joined to the hips of the economy and taxes than politics?
@Ted - how much weight would you assign to that tech fund in one's portfolio? My sense is that most would not hold enough to move the needle so to speak and may also be less exposure than one would get in an S&P 500 index fund or it's equivalent…
For those who might think that they absolutely need a tech fund I would suggest that you take a look at the Josh Brown article Ted linked earlier today.
http://thereformedbroker.com/2018/01/15/breaking-up-tech-indexes-doing-what-the-economy-wont/
Yes cruelty, and sticking it to President Obama and anything he stood for. This most certainly is not the America I spent 4 years of my life getting shot at for.
Access to institutional funds (along with other restricted share classes and/or funds) is sometimes free or with transaction fees at Fidelity. The minimum initial investment is not always set in stone. Not all funds allow this nor are they available…
@hank - I disagree or beg to differ take your pick. His "surprises" are totally market/investing related (see your excerpt quoted above). He doesn't say anything about acting on them which is good, nor do I intend to which could go either way. Just …
Does anyone know what his batting average is? I googled but couldn't find anything. I also looked at some of his previous years predictions and it seems like he repeats certain surprises until they finally happen.
