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.
Old Skeet - well that's interesting because for the funds that you hold in that particular sleeve, M* uses the Russell 1000 as a benchmark instead of the S&P 500 except for HWAAX where they use the Russell Mid Cap Value Index. Two of your funds …
Well OS, thank you for your time. I know in the past that you have mentioned constructing a measure (a pieced together index or benchmark if I recall) by which you judge/rate/rank your portfolio against and that you always felt that you were outperf…
OS - I'm taking that your brokerage report total return number is a combination of mutual funds and possibly any number of equities, CD's, etc., etc.. Is that correct? No need to break it down, just a yes/no answer here.
With respect to your mutual…
@Bee - very interesting charts, not what I would have expected. I wonder why the Electric power sector energy consumption table was constructed to only include the months from Jan-Aug and not just a whole years worth of use. It is also interesting t…
While one might save at the pump, don't expect to see airline fuel surcharges, package delivery charges, cab rides, electrical bills or your heating and cooling costs going down anytime soon. My guess is that if you don't need to fill up a machine t…
None of us know when Mr. Buffett eliminated his Exxon stake or whether he holds any options on a position. It's quite possible that he saw a oil supply issue that wasn't going to do much for his bottom line and so he just decided to step out of the …
So TB you've managed to insult an entire segment of the world's population, i.e. Polish Catholic's. Who's next?
And no, we aren't all fat. Or ignorant. Or prejudiced.
OJ - Costco made available an AmEx branded card to members through a "True Earnings" program. Use of the card entitled the owner to cash back rewards/rebates based on what they spent and where they spent it some examples of which include 3% on fuel …
After the acquisition of MBNA Corporation (which you probably recognize) by Bank of America, MBNA changed its name to FIA Card Services National Association. FIA Card Services is now a wholly-owned subsidiary of B of A.
According to answers.com:
"F…
As an addict myself I feel okay saying that I've never met a chemo patient yet who honestly couldn't wait to get their next hit. Tobacco is not a necessity for life as we know it.
The number of views and comments to this post suggest an attitude of "big whoop" but I'm guessing that only extends up to the point where it becomes one's personal account that is being hacked. Stay tuned, my gut says that it's only a matter of time.
@msf - I wasn't aware of the other payment options you mentioned as my local outlets (Midwest, MN) have always only allowed the Costco Amex card, cash or personal check. I'll have to check the store policy for any changes the next time I go.
@Maurice - Holy Bazinga! Does the company you work for provide any guidance whatsoever at working through those 341 choices or do they just hand you the list and say pick something? I'm having this vision of the new hire being handed a list of fund …
@Scott - good stuff and I appreciate your line of thought. Neither of the two you mentioned meet, or met, my minimum yield threshold of 3% so I went with the likes of Legget & Platt and McCormick instead. I'm pretty sure not many are aware of th…
To be clear I found nothing related specifically to "Roth" IRA's or RMD's (I assume from same) in the linked document from the Tax Foundation.
http://taxfoundation.org/blog/proposed-tax-changes-president-obama-s-fiscal-year-2016-budget
The docume…
As an individual I see a problem with dropping one of my longest held credit cards and exchanging it for a new one. The credit score reporting agencies take a dim view of those moves. I have no idea how big an effect this move has but we are often c…
@derf - you probably already know that a number of MFO participants post on the M* boards under a different handle right?
@Scott - ditto, but probably only half the sprawl you maintain based on the holdings I see you note or illustrate from time to…
Junkster, no. Using anything that can be changed defeats the point. You see a painting valued today at $100 won't be changed down the road. It'll still be the same painting. However someone may value it differently at the end of that road from worth…
@Junkster - I hope we're both around in 20 years to compare the results. Pick your equities. You must be specific. For example, you can't say the S&P 500 because that changes over time. Unless the paper bill deteriorates both it and the gold bar…
How should I know. Maybe it would appreciate (or not) like this treasure did:
http://www.digitaltrends.com/cars/one-rare-super-snake-appears-40-years-dust/
The point isn't about what material things are worth at some future point in time. The poin…
I think the answer depends on one's definition of investment. For me, gold is a collectible just like any other perceived treasure. Let's say I put a $100 bar of gold and a $100 US paper bill in a can and bury it out in the back yard for 20 years. W…
@Slick - if you care to comment, is there any reason(s) in particular that you chose NM over say FL or CA other than the cost of housing in the case of CA? I ask because I looking to escape the cold of winters in MN and just spent 3 weeks looking at…
Mostly just sitting on my hands. Sold CBI a day before the bomb hit. Nothing but pure luck on that one. I had decided to move that investment over into my Roth account so I wouldn't have to deal with the foreign tax nonsense. Phew!
@Scott - I realize there is only so much money but since you own ports and rails have you considered shipping or containers. My long time hold here is TAL. Great dividend (6.8%) and a steady need for their containers helps mute the fickle ups and do…
No favorites here. Being a devoted member of the church of "What Have You Done for Me Lately" I trade CEF's around as the good preacher Mr. Price dictates. I never have both feet in the door like Junkster and to be honest nearly all of the money I h…
For real, 25%? Gotta love that. Still doesn't yield enough for my purposes but I will be watching it if Mr. Price decides to give us a spanking down the line.
@Scott - so tell me how a company reports blowout results yet ends up down 3.5% and is moved over to the blue light aisle. And like you, guess I should have been there but the beach was calling my name. I'll be looking for more punishment at tomorro…
@msf - looks like you're right. I apologize for my mistake. I'll have to check my Premier version when I get home. I bought it at Costco and the display there seemed to indicate that Schedule C was present.
Knock on wood and all like that - I currently am not having that problem on either my iPad with OS 8 or my Mac laptop with Yosemite. However I only attempted to reload the page that was already present on the iPad.
To me Occam's Razor applies. It just seems to me that many of the folks Junkster is referring to choose not to define themselves or their wealth by the size of their bank accounts or investment portfolios. I would also venture a guess that a signifi…
About OAKBX - I had owned this fund for over 15 years but recently sold it for a couple of reasons. One, as you mentioned it had started to lag it's peer's on a consistent basis and two, I built my own equity income/dividend income fund to do the sa…
I love how TT tried to spin this by saying they were trying to improve their customers experience. I'm trying to wrap my head around how removing 4 of the forms I use from one version (TT Deluxe) of their package and charging me $25 to get them in a…
