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.
@dtconroe - for the benefit of all please expand on this statement: "In some respects the M* Discussion platform is far better in design to MFO, but in some ways MFO is better."
I tend to disagree especially with respect to "far better in design" …
I've used two for some time now, MGGPX a world fund and GLFOX a sector fund mentioned by WABAC which M* categorizes as a US Infrastructure fund but it's mostly not. I would love to hear the logic behind that placement.
I think that this is a great and exciting topic @bee but I'm not adequately versed in most of them to comment intelligently. I think that soon enough, if not already, Nasdaq will be the market of choice vs. the S&P 500 which gets everyone all ex…
I believe they will Lewis because that's the way the world is moving. Progress might be slow and measured but I think we might be shocked by the investing landscape 10 years from now compared to today. Just in energy related issues alone we'll see m…
I agree withe the basic premise of the article but then maybe because I'm a dividend growth investor I tend to be biased. According to Ned Davis Research, from 1972 to 2018 dividend growth stocks outperformed the broader market by 2.3% CAGR and with…
Fear and greed make for great headlines. You need to manage risk as part of a total market strategy instead of allowing markets to manage you. Have a plan ahead of time.
@MikeW - I will share a post later about why I wanted to do all this. Nothing earth shattering. However I do agree with you about MGGPX, at least as long as I've been involved with it.
@msf - thanks for your input. That might work, I'll try later. At first I was going to tell you that it failed. My fault for clicking on the fund symbol instead of the blue highlighted text contains the word 'chart'. That gave me the legacy chart yo…
Thanks @bee. I should have mentioned that I was trying to take the M* graph. I'll try using a different graphing platform first and if that doesn't work I'll move on to figuring out how to Jing. Or vice-versa. I'm enjoying the beach right now so it'…
I am in general agreement with all of that. I also think that going forward the best opportunities outside the US probably lie in Britain or the emerging markets, small caps and tech.
This from Andrew Chung at Reuters published Dec. 31, 2019
"U.S. Chief Justice John Roberts expressed concern on Tuesday about disinformation amplified by the internet and social media as he focused his year-end report on the weakening state of civi…
"Crazy how many high priced homes I see owned by folks who drive older beat up cars. Don't want to sound elitist but something tells me they are leveraged to the hilt which could spell trouble if interest rates/job market/economy changes."
Maybe dr…
If you're trying to get a handle on derivatives you might read this article from Forbes written in September 2018. They're not all bad. The article is not behind a paywall.
Do Derivatives Mean Danger For Mutual Funds?
You know I get all this and I understand people's hesitancy. However, I seem to recall a similar message at the start of 2019 and I wonder how that turned out for those who held back, sat on their cash or even sold out. While the US market may seem …
As a trading vehicle, maybe, if you follow the sector and stay on top of it. As a buy-and-hold investor I'm not so sure long term. Personally I think the alternative energy space holds better prospects. Everyone will have to decide for themselves. F…
Me too, especially after their great start. Heartbreaking and as a Vikings fan I know the meaning of the word. The good news - it won't be the Pats this year winning the Super Bowl. Whatever, I'm only watching to see the halftime show.
Interesting take on FBALX from M*:
This fund lacks a competitive advantage. Summary by Greg Carlson Nov 14, 2019
"An unstable manager lineup and an undistinguished process earn a downgrade of the Morningstar Analyst Rating of Fidelity Balanced to …
Vintage, I selected 'Fund Discussions' because I felt that issues which affected 'futures' might have an effect on funds. I suppose one could say that many similar posts here could go either way. My intent was not to draw attention to politics or wa…
I don't know if this applies to you but both my T-IRA and Roth accounts are with Fidelity. When I convert the T holdings to the Roth it's nearly instantaneous. No fuss, no muss.
@Crash - I agree with @catch22 and @Tarwheel. If at all possible convert your T-IRA to a Roth IRA. You'll still pay taxes on the money you convert but at least the remainder can continue to grow in your Roth tax free. If you put the money into a tax…
I had been thinking about selling some of my real estate holdings the last 6 weeks because of the nice run they had last year. Did so at the open and bought some Broadcom, a new position for me. The Barrons article I linked this morning pushed me ov…
hank said "Immigration looms large among people’s worries worldwide."
No doubt. It's not easy finding a safe haven these days where you can just work and live without fearing for your life. Reminds me of farmers and fisherman I met in Vietnam.
