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.
Use it for what, EXACTLY?
For quotes I use Fidelity (I'm a client). OEF NAVs are updated pretty promptly (usually, at/after 5p.m. CST; though some OEFs update later).
Perhaps this is 'Old School', but I don't share my portfolio on any public web…
Another thread, was noted, by myself and others, that Abbey Joseph Cohen (AJC) was a perma-bull. Rogers is sorta the 'anti-AJC" --- he always expects a crisis... somewhere just beyond the horizon.
One day, he will be right.
Risk your princiPAL if you must, but never lose sight of your princiPLES!
... With that statement you are willing to lose principle, possibly a lot of principle....
I kinda DON'T like AJC BECAUSE she is an equity perma-bull. I mean, personally, I am sure she is a lovely person, and very articulate. But what is the value of a broken clock in helping you ascertain the time of day? What is the value of investme…
Mitch, I am with YOU!
As for impact on the economy, keeping Amazon OUT of groceries is a strategy for stopping job destruction in the grocery industry. I hope DOT kills the deal based on job destruction. And while we are at it, hope POTUS brea…
I own PONDX (PIMIX) and PTIAX.
I've avoided OSTIX, despite its admirable record/returns, as it seems to be junk-focused --- and with corporate credit-spreads so tight, that just is not a place I am personally interested in being right now. Besi…
Not sure where you are seeing lack of competition in the grocery space? - Margins in the grocery business have historically been mediocre/low -- which suggests competition is adequate.
When I lived in Socal, there was plenty of competition. Thre…
Districtwanderer:
A couple things. I think your impulse to “cap” your contributions, and squirrel away surplus savings elsewhere is WISE. Employer plans are “captive” with the plan administrator and often limit your options.
You mentioned in…
ADDING: Commencing in May, but continuing into June, I am finding value in beaten-down subsectors within the REIT space.
Retail: NNN, O, STOR, KIM
Medical: VTR, MPW, OHI
Office: DEA (govt lessor)
Sentiment/action 'stinks' in certain of these…
Holding a balanced portfolio, comprised of muni-bonds and stocks, probably makes sense for many people.
But, IMO, using the 'wrapper' of a balanced fund to do so, is not the approach I would take. Instead, I would own separate stock & muni-…
With no intent on my part to "diss" the new managers, it seems like the current/departing managers are "officer level" at PIMCO, and the new managers hold "manager level" positions. Again, I am certain the new managers are quite as adept at bond-…
JC, I really can't speak to the "why" of their ER. I'm in it for for the low-vol, and non-correlated nature of returns (which are all, already, net of all expenses).
Maybe for those who find Doubleline's disclosure of its derivatives inadequate, just buy the 4 x sector ETFs representing the 4 sectors held by DSENX? there will admittadly be a lag-time when they disclose "current holdings". OTOH, you save the MER …
In early March, added to positions in SPFPX (floating rate fd), PMZDX (mortgages) & JSOAX (non-trad bond).
Today added to existing position in ACVVX (market-neutral), in both taxable and IRA. Am sort of using ACVVX as an alternative to holdi…
An observation: The pol threads seem to often generate disproportionate postings and views. That suggests a lively debate of ideas & more time spent on the site by those involved in such threads. I tend to find myself "on" MFO for longer pe…
I don't see the need for 'ruthless moderation'.
If posting is a problem, how about limiting the overall number of posts by any given poster within, say a 24-48 hour period? -- After all how many truly "wonderful ideas" can any of us have during the…
That was my 1st thought too when I opened this thread.
@Ted
>> These types of political discussions belong on social media websites, not a mutual fund forum !!!!!!!!!!!!!!!
>> Regards, Ted
Dude, dude, next time don't originate threads…
L/C: I just called them, and they got the process rolling. If memory serves, in both instances, the OEFs I requested were associated with fund-families with which Fidelity already had on their platform, but as the OEFs I was looking for were n…
I scored well in geography in school, but the pie charts reference "Not in yearbook" and "smaller yearbook". I am not familiar with those bourses. Can someone help me with where in the world those "yearbook" bourses are...?
VF, I am a former Scottrade client. S/T's BIG selling point for me was their wonderful OEF supermarket. -- Especially low-minimum access to institutional-class PIMCO funds. -- Even though they were T/Fs, the T/F was de minimus ($7). Other aspect…
I confess to being a "half-glass-empty" investor. --- So like the late, great Dr. Martin Zweig, I find myself "worried" (and am always "worried")...
The link below is to a chart I watch from time-to-time..
https://fred.stlouisfed.org/series/BAMLH0…
This thread seems to have veered way off topic (fine with me, I'm just saying).
I guess a couple thoughts:
1. The word "attack" is used in the subject. Much like the word "outrage", its a convenient word to toss out there, but may not be most apt.…
I opened a toe-hold in PARWX several weeks ago -- just to foreclose the possibility it might do a close in the future. I only noticed it after reading some article about it on M*.
Waiting for a general stock-market correction before adding to it…
Though I am a half-glass-empty investor, I find the idea of using bear-market funds bizarre. Paying a E/R to somebody to short the market and simultaneously (in some cases) paying another fund manager to go long...
If one is bearish, simply sell-…
Back on the topic of what we are BUYING / SELLING /CONSIDERING...
I had loaded up on yieldy stuff when it sold off after the election (muni-CEFs, Pimco taxable CEFs, preferred-CEFs REITs). In the past couple of weeks, I rotated out of those that…
Exactly. A cut in the corporate tax rate is the single, most straightforward thing to increase stock prices. -- After all, at least in a theoretical sense, the market capitalization of stocks represents the discounted value of future cash flows o…
Your comment about "relishing the collapse of the system..." suggests to me your post IS based on ideology...
But as to 'political risk', I guess this -- or ANY POTUS -- is not elected to be the President of the NYSE. He/she is voted to be Preside…
mrc, first, I'd 'second' msf's comments about picking the best available choices in the 401k, then rounding out elsewhere.
Beyond that, except for the absence of a stable-value fund, I am salivating at your plan choices. You have low-cost in…
For all the Wells-haters on the board, you should probably also not patronize JPMorgan Chase...
https://www.washingtonpost.com/news/business/wp/2017/01/18/justice-department-sues-jpmorgan-chase-for-mortgage-discrimination/?utm_term=.be47545eaf55
The link below has some interesting charts figures, including the 40-year cumulative bi-lateral US/China trade tally:
http://macroblog.typepad.com/macroblog/2016/10/cumulative-us-trade-deficits-resulting-in-net-profits-for-the-us-and-net-losses-fo…
David, thanks.
But given your eloquent arguments that trade deficits only help economic development, perhaps you could explain to Communist China why its in their interest to begin running massive deficits with the US, so that their people can g…
David, YOU read up, there are already trade barriers -- often non-tariff barriers -- employed by our trading partners, especially China and Japan. Those trade barriers have existed for decades, to the detriment of American workers and business…
David, I assume you are referring to my comments being "fantastical" "amost paranoid" etc. Apparently my analysis is unfair to "elites". Ah, the poor downtrodden 1% types. Its good they have civic-minded protectors like you to protect them from…
I have some dough in PTTRX, as it is my ONLY core-bond option in my 401k. So, like a lot of 401k investors, I am a bit of a captive-customer of it.
When Bill Gross left, I was hopeful/encouraged. His behavior & commentaries struck me as s…
Maurice:
The history of free trade which you describe is quite accurate IMO.
However the unfairness in which free trade manifested itself was NOT by accident. IMO, there was an unspoken (at least in public) intent with “globalization”, namely:
…
