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.
Reply to @Ted: Naw Ted, there was this one poster on FundAlarm who had close to over 100 funds and was quite proud of the fact. Never met a fund they didn't like. Can't remember the handle they used - they say the memory is the first to go.
"There will be a correction, I just don't know where or when" said every wall street analyst ever.
Charles and Skeeter, I agree with your position and I sense that the S&P 500 will end up on the year the way it's looking now. Currently I think…
Reply to @andrei: I think it's a tough comparison to be matching up a world bond fund (MAINX) to an emerging market bond fund (FNMIX). I would expect differences.
I am of the opinion that you can only slice a pie so many ways and so many times before it (the slices or pieces) all begins to look the same. When I see promo's for a new fund the first questions that come to my mind are "How is this fund any diffe…
Not, not NOT!!! innocent by a long shot.
http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314
http://www.rollingstone.com/politics/blogs/taibblog/no-evidence-he-was-stoned-but-bank-of-america-ceo-brian-moynihan-ap…
Hmmm. Are there also robots to fix and repair the robots that aren't working properly? And who/what will those robots be? Where will they get the parts and materials? Will the robots be designed and programmed to produce even more efficient, less co…
Reply to @scott: I think you're right about there being some values in energy but I don't think they're in the E&P companies this fund seems fond of. Sure their prices will soar as the cost of a barrel of oil goes up, and crash with the opposite…
Reply to @Mona: I could be wrong but I think that you might be jaw-dropping surprised at the number of folks who would toss all of today's tv's, cell phones, computers etc., etc., to return to the 50-60's lifestyle they grew up in with no regrets or…
Reply to @tgeno: And one for you which I think you may find interesting:
http://investingforaliving.wordpress.com/2012/12/26/how-life-cycle-retirement-models-impact-your-retirement/
Reply to @fundalarm: Yeah, we do occasionally catch and punish a bad guy but it seems like for every one of those two new ones spring up in their place.
OJ - if you still got a hankering I believe that you can "Go North" (Alaska) and stake out a cl…
Neither adding or subtracting. My portfolio was positioned before the end of the old year and the market at this time is telling me to leave it alone. When it changes its mind so maybe shall I.
One thing I am watching quite closely is the price act…
You might find what you are looking for here:
http://investments.pimco.com/ShareholderCommunications/External Documents/Quarterly - All Classes Dividend Rates - PIMCO Funds.pdf
This is only one opinion amongst many that you will receive but with all due respect toward your ages and investing stage I would look at either this approach:
http://seekingalpha.com/article/1083851-dave-van-knapp-positions-for-2013-tuning-out-mar…
Reply to @MikeM: If I were looking for an OEF to perform the diversified dividend income function today this fund would be right at the top of the list. I really like the variety of income sources and the 'global' setting. However, I held TIBIX at t…
That's it in a nutshell gentlemen. I currently have my local heat, electric, cell phone and internet providing companies all adding to my bottom line either monthly or quarterly as the case may be. With current interest rates in a range between zero…
Reply to @scott: Just wish I had done it a lot, lot sooner. Could have been much better off. Hopefully my kids will learn something from their dad's mismanagement. Good luck in the new year.
K, now that I've read it I say nonsense. That's my short answer. The long version can be found here (and yes I'm being lazy) but it describes fairly accurately what I've been doing to my portfolio over the past 5-6 years as I move away from most of …
I too like energy as an investment theme but I don't feel comfortable holding the oil and natural gas producing companies. I think we have a glut of natural gas at the moment which is going to take considerable time before it translates into meanin…
I hold a number of high-quality individual preferred stocks and pipeline companies which I fully expect to be in my portfolio for the next 1-3 years unless I can trade up for more income at lower prices. However, I don't see that happening except in…
Good to see that you're still peeking in now and then. With respect to your inquiry I defer to Bob and David. I can't compete with that. Happy Holidays!
Reply to @BobC: Surprised for sure. I wasn't expecting much if anything from my fund holdings. Danoff and FCNTX continue to astound me, MAPIX as you mentioned and MSMLX + WAESX as well while TIBIX just keeps chugging along. Overall my whining is mut…
In addition to ARIVX, IVA Worldwide IVWIX performed miserably within it's class. I think poor stock selection along with the gold position dragged it down. I'm thinking seriously about folding up the tent on both of these.
Andrei and Scott thanks for taking the time to respond. I understand the funds, and their appeal to some investors but by and large I still believe that most folks can get along without them. That doesn't mean we can't discuss them, use them or thin…
Reply to @scott: Fine. I wasn't posting to criticize or anger you but rather to learn why they are necessary or important. I explicitly excluded you , the original poster and everyone who understands these critters, has at least average investing ac…
I think I got this right Ted but feel free to correct me if I'm wrong.
Seriously folks, do you really need such a fund in your portfolio? Really!!!? or a long/short fund or just any of these alternative funds in general? geez, if you've run out of …
Not wanting to trample on your sentiments Hank but I'm always reminded of the parody of this, Deteriorata by the National Lampoon, when thinking of these individuals.
I'm truly sorry. In similar circumstances nearly 30 years ago I was inclined to settle out with money I had (even though I desperately could've used it) rather than with money I hoped to repay. I guess we're all different so you're going to get that…
