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.
Sorry to offend you Hank. I happened to catch the fascinating news story last night of a little boy who had groundbreaking, dual hand transplants done recently at the Children's Hospital of Philadelphia. An incredible feat if I say so myself.
I saw…
Mostly practicing that assiduity thing. Did add to APPL, GILD, TYG, EPD and KMI in this slump. Sold LINE and most of my MAPIX shares to pay for it. Looking at AB and EMR.
@MaRuffles - the info in the article is similar to what an Apple Dark Op employee told me. Apple had so many pre-sale online orders for the watch that supplies to retail outlets were extremely limited. It's no wonder to me why Mr. Cook didn't spend …
"P.S. Regarding Target - sometimes their online price is cheaper than their in-store price, so it pays to order online with in-store pickup."
That right there baffles me. Hopefully someone in sales or marketing will explain how that works. Is it a …
I'm waiting for a site that will just give me the LOWEST possible price available for an item w/o coupons, w/o apps, w/o having to buy buy a bunch of other stuff I didn't come there looking for and probably don't need and w/o needing to join or subs…
Old_Joe - I thought this was pretty fair article from MarketWatch regarding the Apple report:
http://www.marketwatch.com/story/heres-your-golden-opportunity-to-buy-apples-stock-2015-07-22?siteid=yhoof2
Do note however that my thinking may be cloud…
@Ted - I think you meant PRMTX holds a great deal more telecom stocks, which one would think it should given the name of the fund. I believe that you, Bee and I all knew (expected) that so in my response to Bee's question I was trying to make some s…
I probably am not telling you anything you don't already know, they each are technology sector funds who's fortunes tend to move in synch with QQQ. The returns for 2014 are interesting. I looked at each funds respective holdings and I'm thinking tha…
If what you stated holds into tomorrow's open I'll be a buyer. Nothing in the earnings report looks all that tragic and the p/e is ridiculous for this company. Add in growth from new markets in China and India and I'll take that bet.
The ER of 1.6% is not unusual for a fund of funds and the trading strategies employed. You do realize that RNDLX is basically a fund comprised of CEF's (Closed-End Funds) i.e a fund-of-funds. I also don't quite know what to make of M* list of portfo…
@davidrmoran
From Investopedia:
Front-end loads are paid to investment intermediaries (financial planners, brokers, investment advisors) as sales commissions. As such, these sales charges are not part of a mutual fund's operating expenses. It is arg…
For starters the advisory fee at Fidelity is stated as "between 0.63% and 1.7%" according to the link msf provided.
Those supposed front end fees - I don't think that either Charles or I (I'm sure about me) were suggesting that EJ or anyone else (e…
RE: Jean-Marie Eveillard, of First Eagle funds and others like him are arguably smart, professional money managers. Gold and other precious metals are easily tradeable commodities. I fail to see why these smart managers can't move in or out of gold …
I think this might be the list Ted intended to link to:
http://dailyalts.com/list-of-new-liquid-alternative-funds-launched-in-2015/
If not I'm sure he will correct me.
FWIW, none of these funds appeal me in the least but I would love to collect al…
As a follow up to Hank's comments above I found "The Blue Zones Solution: Eating and Living Like the World's Healthiest People" by Dan Buettner to be an interesting read. Of course, use the MFO Amazon link to purchase.
From the article: "Jones last year earned $49.4 million in revenue sharing from sales of American Funds mutual funds, according to the firm's website."
Say what!? That's just for putting their customers in one particular fund family. Consider the r…
No worries. Congress hasn't been able to agree on anything since forever therefore interest rates will stay where they are and everyone will stop worrying and writing about when they are supposed to change.
I wonder if anyone involved in this mission, from it's conception to reality, wasted their time and money on a college education. Like Hank, I too love this stuff and I wish I could afford a trip into outer space.
If one is attending college on the hope of financial reward down the line then I would say that they are wasting their time and money. If one is attending in order to increase and enhance their knowledge and perspective about something they'd love t…
Exxon could pay either amount from the change they scrounge up from under the cushions of their leather office furniture and never beat an eye. They have more lawyers than NJ has money.
Hank, I believe the females think that we're all a bunch of blubbering idiots and would just rather laugh at us w/o adding to our pain. On the other hand, 'handles' being what they are, none of us know who any of us are other than for David and Ed. …
