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.
If I were an investor in the Yacktman funds I would have to think really, really hard about holding that investment once the father steps away from managing the funds. The lifestyle differences between father and son I think are too stark to ignore.…
On any given day it just seems to me that one can expect a niggling post from either Gundlach or Gross looking to score parishioners. I kind of wish they'd just stick to managing funds but I wonder if they even do that anymore. It probably wouldn't …
I plan no changes whatsoever at this time regardless of any, and all, 'talk' of the fiscal cliff. Frankly I tend to move when the market speaks to me. But, FWIW I don't hold that many funds anyway.
It's $5 for all the funds IF you set up additional purchases on an automatic basis. For example, I do this for a transaction fee fund in which I make large periodic purchases. I set up an auto purchase, let it happen, then a few days later I cancel …
You should know better than to ask that question around these here parts - we're both! Brilliant (or at least concerned enough) to be minding our hard worked for assets and lucky enough to have a place like MFO to ask and learn about same. If nothin…
Reply to @Old_Joe: Try going to the M* profile of the fund. Click on the Portfolio link. Under Style Details click on the Bond Style box or heading. Scroll down to see the Bond Maturity breakdown.
In my mind it all depends on your penchant for holding Japanese equities. MAPIX is there with +25% Japan stocks presumably for the dividends they generate in tune with the fund being called the Asian dividend fund. MASCX, on the other hand, eschews …
Reply to @Ted: No clue whatsoever but if I had to guess he's probably living at one of the Disney theme parks off the interest generated by his off-shore bank accounts ala Mitty. He was a sharp cookie and I enjoyed his wit and investing acumen.
Reply to @Ted: Actually, Ed started it but it makes no nevermind who posts it. I send it to my kids every year, they smile like Flack and I and sometimes send it on to their friends.
I don't know, this is radically different from the RiverNorth Manning & Napier Dividend Income fund RNMNX how? Just seems to me that the guys at RiverNorth are applying the same hopeful CEF anomaly strategy in combination with other fund firms i…
What has 'really' changed? Nothing IMHO. Despite today's (Friday) action the current market trend is down. If it were me, and in this case it is, I'd wait for the market to start a rising trend before jumping back in. Remember, the trend is your fri…
Not my most trusted source of information but this might help explain some of the sell-off.
http://finance.yahoo.com/news/wealthy-dump-assets-advance-cliff-210032429.html
Reply to @Flack: Forgive me if I'm not impressed by what Romney has done with other peoples money. What makes anyone think that he will be more prudent with theirs as the president?
Actually this is a better article but it doesn't address Bee's initial topic directly:
http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829?link=mostpopular2
According to an article in Rolling Stone magazine Romney does it like this:
http://www.rollingstone.com/politics/news/mitt-romney-s-tax-dodge-20121012
There's more articles of a similar vein there and if you doubt their facts or statements there is…
Yeah, O suppose. If you can't beat them and the courts won't let you steal from them there isn't much left to do besides attempting to make fun of them.
Reply to @Old_Joe: Roger that mister! I just heard from a friend who was having trouble with her modem and computer talking to each other. The tech told her that if she flipped the ethernet cable, end for end, that might solve the problem. I asked i…
Accipiter - by chance would not having a current version of Java create a login problem? Despite doing all of the items listed above to correct the problem I was still experiencing the frustrations of multiple logins a few months ago. Once Java upda…
Bee - if you're looking for just your plain ol' CapApp value fund I can't think of a better substitute. If you're at a point where you are looking for an income builder fund with dividend growth potential than I would suggest that you look at TIBIX.…
Regular gas was at $4.07/gallon in Northern MN last week as I existed the BWCA. Filled up near the Twin Cities at $3.75 yesterday. No speculation here, prices are real.
Always an iffy proposition IMHO. I generally like to have available cash to take advantage of black swans and irrational behavior and positions I probably wouldn't sell unless all h*** broke loose.
As for George, if you read his autobiography the m…
The fact is that I read from several sites, many of those already listed, but have yet to find one that consistently 'nails' it. I also find most often that I get the most useful information from the comment section at the end of the article but it…
Thank you all for checking back in. Funny things happen when you're not 20-something anymore. Game called on account of wind. I maintained that it's just a slight breeze but also reckoned I can give it another shot come winter. So tgeno, save my sea…
Reply to @hank: And I apologize for taking your post down that road. I wasn't thinking that's where it may go but I guess I should have. Being wealthy doesn't exclude one but I thought the figures were of interest.
