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.
With respect to your second point Maurice companies in the US are entitled to operate and function in the freest market in the world with all of the advantages this nation has to offer. Their profits should be taxed and paid to the country that allo…
Where the government is losing out is in the payment of taxes on the "future earnings" one accumulates in a Roth account. That's huge for many, including myself, who opened Roth accounts as soon as they were available and maxed out contributions the…
According to an earlier Bloomberg link posted by Ted, Berkowitz exited his Fannie and Freddie "common" holdings and will no longer report his preferred holdings of same because he is not required to do so.
@Junkster - I think you're right but in your case it's probably been your ability to adopt a 'trader's' mentality i.e. losses are part of the process and to be expected. Most people cannot accept the losses so they hang on in hope of recovering. You…
If you followed the case/trial in this instance you'd note that the couple worked together so the judgement seems reasonable in this case. OK law also separates personal from marital property in divorce settlements.
@ ValueSeeker - a most excellent idea, don't know what I was thinking. It's been on my watch list for some time now but I've been so focused on dividend growth stocks lately I completely overlooked it. Thanks.
@ Scott - Markel is a bit too rich for…
Yeah, and on that note I think it's time to go. I have been a FAIRX investor since pretty close to inception but I'm getting the feeling that Berkowitz cares squat about the shareholders in this fund. Looks more and more all the time that he's using…
Many would say President Obama but I digress.No one said Vanguard is the exception, However, given that they are the largest shareholder in many companies they are in the best position to effect changes wouldn't you agree and it seems that the gener…
tb - given your reply to LewisBraham's thoughtful response it's no wonder you drink bud light. No doubt he could give you 79 more examples to even up the score but I doubt it would make any difference.
The point is, given Vanguard's size and positi…
Or you could just buy a handful of preferred's paying 6-8% and beyond on your own, pocket the expense ratio for yourself, and call it good.
I prefer option B.
Not oil per se but I have increased my holdings in the midstream energy space via MLP's (i.e. the pipelines) which move the stuff from point A to point B. While most of them have no direct exposure to oil, the commodity, they tend to suffer price de…
@ Charles - I suffered similar fates as you described, with some of the attending emotions, until I happened upon dividend growth investing and incorporated it into my plan. Now, for the most part, I don't care what the market values my holdings at …
@ TB - Honestly!? My comment was in reference to investing during times of trouble. How many moms & pops will throw money into the fire during the next market beat down? Buffett has the resources and the smarts to do so. Other's? well their mile…
@ LLJB - "His success is based in part on his ability to be greedy when others are fearful and fearful when others are greedy. No matter how much we might all like to be that way, Warren is better and his deepest of the deep pockets make that a lot …
First, I fail to see what qualifies the plan as brilliant. Is it the "have folks work until they are 70" or some other part? Sorry but working some jobs until you are 70 will basically kill you but maybe that's the intent.
Second, how many business…
@ msf and Davidmoran - the fact of the matter is that it happened but proving it to you would be next to impossible. Let's just say that we didn't dine on steak and lobster very often and that our rent was halved because I agreed to remodel the home…
Really? A $1000/week isn't enough? Change your lifestyle then.
p.s. I lived in the Bay Area (Berkeley to be precise) on a $1000/month, with 2 kids, no problem. Guess it all depends.
Not sure where the author got his list of top-10 yielder's (TIBIX shows a yield of 4.90%) but nevertheless I've always felt that an individual can build their own dividend fund choosing a handful or two of individual equities saving themselves annu…
@ Ted - now we both know you don't mean that, I know you love me man. Good call on ND, I 'll root for any team to beat those hoodlums from Florida State.
All I can say Ted is that your bookie must love you. What is it now, 4-5-6 of your last sporting predictions have been wrong. Good thing you're a much better investor.
Guess we'll be a minority of two Ted. The return of these types of funds (long-short, alternative, tactical, etc.) tend to be below underwhelming and unless one is holding them as a significantly large portion of their portfolio I fail to see their …
