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.
IMO, you don't "play" with with a fund like this, you hold on long term to reap the benifits.
I'm thinking Bruce Berkowitz (FAIRX) might be a buyer of SEQUX. At the very least he's appreciating the company...concentrated fund managers often spend s…
Doh! If I do not have link to military personnel, I'm not eligible to open account with USAA. Back to square one. As they say, "USAA (the military) is looking for a few good insurance risks, GEICO are looking for the rest". Marrying a WAC (Women Arm…
For a different perspective on gold:
COT Data For Gold At Topworthy Level
mcoscillator.com/learning_center/weekly_chart/cot_data_for_gold_at_topworthy_level/
@Old_Skeet,
What sources have you found give you helpful P&E data?
AAII had an interesting article on the many flavors of P&E.
Will the Real P/E Please Stand Up?
will-the-real-p-e-please-stand-up-
@little5bee: In my area, they offer Assurant....
I had Assurant Health (I believe they are a owned by Times Insurance) for the 2014 & 2015. both years I was outside the marketplace versions. For 2016, Assurant will not offer Health Insurance. He…
A site @Old_Skeet is familiar with just chimed in for it's monthly update:
"What this suggests is that the best opportunities for investors for the next several years would appear to lie in US stock funds that are classified as Large Value. Many La…
@VintageFreak,
Only USAA Funds (ie USSCX, USNQX,etc) have no minimum holding period. As for other NFT funds on their brokerage platform I would suggest opening the fund page and clicking on the operations tab as mentioned in a previous comment.
@David_Snowball,
Just picking up on your thoughts for OSTIX as part of someone's "in a year or two" money. I went a bit further and added other time frames as well as other fund considerations to create kind of a "fund ladder".
For less than 1 ye…
Paris climate deal to ignite a $90 trillion energy revolution:
"Six years ago the... International Energy Agency (IEA) was still predicting that solar power would struggle to reach 20 gigawatts by now. Few could have foretold that it would in fact…
Thanks @bee...Where or how do I get the chart like the one you posted above.
I use M*
morningstar.com/funds.html
-Enter your ticker symbol into the "quote" search box
-Select the charts tab
-Enter camparison funds in the compare box
-Change time …
@VintageFreak,
A call into USAA provided the following information:
All USAA funds are NTF (No Transaction Fee) and there is no minimum holding period nor a early redemption fee.
TF funds (which are designated as "No Load" in FundMarketplace) is…
Another interesting Tech heavy fund is FOCPX.
M* profile:
Portfolio manager Gavin Baker runs Fidelity OTC Portfolio with an unusual mandate: By prospectus, at least 80% of the fund must be invested in stocks listed on the Nasdaq exchange...
3 yr c…
In my experience holding periods vary as well as early termination fees. These often mirror the fund company's rules, not USAA.
As an aside, USAA's brokerage platform (called Fund Marketplace) is a redirect away from USAA home site and is managed …
I purchased PRMTX back in the heyday when prices were low and started with PRGTX much in the same way. DCA into both funds and have used the profits to build new funds.
How do these funds differ and are they different enough? Both have been succes…
The UN and the rest of NYC could start by drinking really good NYC tap water. Here's the carbon footprint of bottled water coming into NYC from Europe and Fiji:
@LewisBraham,
I'm sure this is true for the very poor, but my point is if you take two co-workers being paid similar living wages over 30 years, the one who was frugal (a saver) eventually has these assets unfairly redistributed to the co-worker wh…
@LewisBraham said,
"Also, my impression is that withdrawals from Roth IRAs don't count towards income for the ACA so there are strategies for those who want to retire early"
It's difficult for a retiree (younger than 65 years old) not have to take …
If life expectancy is currently at 83 for women, that means 50% will live beyond age 83, and a good portion of those will live way beyond 83. As we tell folks all the time, "Tell me when you are going to die, and we will tell you exactly the path…
Nice Interview. A good dose of media alarm-ism shunted by practical economic counterpoints from Florence EID-Oaken (I'm a new fan of this lady).
With regard to US selling oil to China and other countries. Wonder if it will be paid for with US Res…
Recent Article on why not to buy into the hype of alternatives:
" A combination of cash instruments like money markets and CDs along with a high-quality, short-term bond fund and a similar quality intermediate fund will do the trick."
alternative-…
Harnett made a comment on the relationship of gold and the US Dollar. The two typically move opposite one another. Harnett briefly mentioned that investors should pay close attention to their market investments when these two currencies "move togeth…
Two funds that come up on my radar in the multi-alternative space are PONDX and LSIZX.
PONDX (multi-sector bond fund) seems to goose performance with derivatives and is a strategy that charges ER of .79. LSIZX (nontraditional bond fund), though pre…
@VintageFreak,
Nestle makes the very best...Ozarka and many other hydrations.
VF have they contacted you with regard to your single malt? I'll have a double.
nestle-waters.com/question-and-answers
I've found I have to be careful using M* charts with regard to cef's. When you bring up a chart on an oef (e.g., PIMIX in Bee's post above) .
Best, AJ
Thanks AJ that's helpful...wonder if M* could add a chart option. Display one as "PDI nav" and t…
Ha. Most of the screaming has been mine about PDI performance the last year or so.
M* does a nice job of charting total return. If you look at purely a price chart (i.e. yahoofinance) the share price since 6/30/14 has dropped over 10%:
But during…
Neither nerves nor Kahunas of steel.
I agree that a portfolio should have cash and bonds for all the reasons you mentioned. I was just pointing out that we compare these investments (bonds and cash) to stocks as if they are very similar when they …
Any investment over any given period of time can be described as trending either higher (gains) or trending lower (losses) over that time duration. An Investment has to overcome previous market volatility, inflation, taxes, management fees and tradi…
Lewis: Not in my lifetime probably, but in the future greatly shortened work weeks may be one tool to deal with the lack of jobs.
Sounds like a campaign promise,
"I will shorten the work week until we reach full unemployment".
