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.
I am always perplexed why reference is made to the P/E on prospective/future OPERATING earnings, and then attempt to compare/contrast that to historical P/E ranges --- when that latter is NOT based on operating earnings, but on net, bottom-line GAA…
I believe the ticker is TOTLX. $11MM (yes, eleven million) in AUM per M*. The fund opened in 2009.
E/R of 1.92% (OUCH !) Its a 'fund of funds'. Despite positioning its AUM in (presumably) the 'best' funds, it still only generated a 3-st…
A big contributor to the income inequality is the expansion of "free trade" which is promoted by shill publications for the elites such as Barrons. -- The import/export model promoted by the "Free Trade Uber Alles" crowd has created gutted the Amer…
LB, that's good to know... yet strangely, I suspect the Greenies all voted for HRC and agin' DJT. And probably for BHO b4 that, and tend to vote "Blue" every election.
DJT should sell his trade policies as green-friendly. (Which they are).
hank, to your question, leases are not set up to be terminated within a few months. Of course, if one were in that circumstance and "had" to switch out the leased car with a different car, presumably the dealer might cooperate --- for a stiff fee…
It seems to me an obvious contributor to global warming is the global-trade import-export model which causes large, unnecessary carbon releases transporting goods across vast distances. Not to mention all the garbage accumulating from this trade i…
I once gave credence to the lease-vs-buy advice. But I find Burns’ ‘analysis’ glib and superficial.
I’ve bought & held a car for an extended period. (17 years). Did I save money? Sure. The absence of a monthly payment during the 14 years a…
So let me see if I understand.....
All countries reserve a right to control immigration.
Canada is a country. So Canada controls its immigration.
Some folks angry with Trump about wanting to control USA's immigration, now wish to migrate to anothe…
No one can give you 'the answer'. Here are some things to think about in developing your own answer:
1. At 76, presumably you are not trying to 'grow' your assets, and with your fixed costs covered, you re-invest the income, and presumably wish to…
rforno, at some point, I am sure an F-8-E share-class will be offered. As to whether it will have the cost attributes you specify, it may! -- Or you may need to hold out for the subsequent "F-platinum" class.
Question for the board:
How do folks handicap legislative risk, relative to MLPs' passthrough tax structure? Seems like with energy prices so low, and so much fixed-investment now in place for N. American energy, a "green" President HRC -- es…
Certainly, a good step. But the management of Capital Group/American Funds, are, obsessed with "segmentation". A recent visit to their site indicated the following fund classes already extant:
A
B
C
F-1
F-2
529-A
529-B
529-C
529-E
529-F-1
R1
R2…
rforno, my comment about multiple counselors buying the same stock was not a concern about winding up with (say) 30% in GE -- my presumption is that their are soft caps on any one security overall. Rather that fundholders are paying 4/9 counselors …
The F2 class E/Rs strike me as ludicrously high vs. the ETF alternatives which now exist.
Check out any of the AF funds and notice the high number of "counselors" (i.e. managers). They have 3 or 4 TIMES the number of managers on most fund. -- Ea…
I've been looking at Verizon... though their planned acquisition of Yahoo makes me a bit nervous.
As for the Barron's interview with Goodhaven, I found the following comment from one of the Goodhaven managers rather bizarre:
"..A customer with hig…
I disagree.
I owned a bunch of this several years ago. Viewed the fund as a series of discrete bets on currency movements (utilizing relatively low-credit-risk sovereign bonds as the means to make those bets).
When I first found out about his bi…
The article seems to confuse “sins” with “vices”. There is a difference between “sin” and a vice. The colloquial use of the term “sin” implies engaging in an act contrary to the will of god or gods – of course “which” god or gods..? OTOH a “vice…
Dan:
We are probably in agreement as to 'diminished work options' for the current college-age kids. And that is govt-policy driven, by the pols who serve the Establishment/Elite/Aristocracy of this country. Hillary, Bush 41, Obama, Bill Clinton, a…
MJG: “The failure that I perceive is not a national failure. It is the failure of the individual and/or the individual family unit…. The problem would quickly desolve if we just practiced the saving discipline that many of us displayed until roughly…
Consider the source --The chart was posted by Motley Fool. On the "Fool" website, the chart indicates the source was the US Census Bureau....
How would the USCB have access to all of our accounts -- accounts held in banks, brokerages, insurance co…
SeekingAlpha had a great, recent posting about WFC...
http://seekingalpha.com/article/4006352-wells-fargo-outrage-strategy
As is often the case, the "Comments" are better than the article. (you may need to enable cookies and/or register to view t…
Recently bought (past 30 days):
-Some MINT & VTIP -- as cash substitutes, in Roth, Trad-IRA & taxable accts.
- A 'starter' position in KR, which strikes me as best-in-breed in the grocery space. In taxable.
-Opened a small position in P…
I'd never noticed this guy before. He makes a lot of sense. A very sober assessment about the nature of assets, and a convincing repudiation of "TINA".
Unlike some of the investment wunderkinds out there, this guy looks like he's been shaving for…
It looks like the institutional class carries an E/R of 1.31% (per M*); its TTM yield is 1.26%. So the E/R gobbles up over half of the income? Yikes!
Seems like a lot of money to pay when buying some combo of XLU and T/VZ/BCE would get the job do…
VF: "I guess that's the difference between me and some others. I don't do stuff which I don't think is right. It's not illegal to sleep with your neighbors wife. I just don't do it. But let's say If I did, my wife would leave me.
Now Wells Fargo ca…
derf, I think you just mis-understood my intent. Allow me try to clarify:
I presume the shenanigans at WFC were IL-legal. In contrast, there are other corporate behaviors which are LEGAL which are far more injurious, with worse consequences tha…
VintageFreak: "You say WFC has been punished? How? By the fine? How is "having to fire" 5300 people punishing Wells Fargo?"
Response: Uh,yeah. A "fine" is a punishment, a penalty. Look it up. Practically, you can't toss a corporation in the Hoos…
Mark me as a 'disagree' with M. Zweig.
I won't be authorizing a brokerage's software program to read my emails or poring over my checkbook to come up with recommendations. And yes Jason, it IS creepy!
The NSA does this already, without our pe…
'Not too late' --- that is a strange notion.. As far as I know, there is no plan to close the financial markets. So you can buy them Monday morning.... or in a month or in a year...
The 9/9/16 decline was quite 'egalitarian' in dragging down …
I'm a WFC bank/brokerage client. Have been for about 10 years.
I've no intention of leaving over this matter. I find that very notion slightly amusing.
Some perspective:
Corporate malfeasance is everywhere. Corp management -- NO corp manage…
