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.
Good for him.
Even more interesting is the industry ("non-profits") that some of these "donations" breed.
Not accusing Mr Gross of anything here, but we do a pitiful job of vetting these non-profits and evaluating their true value.
Donations oft…
BBRY ( or BB which are Canadian shares) had a big day yesterday (up over 6%) on little news other than a facelift for the Leap phone (a popular phone in India). My losses in BBRY (-80%) have been as close to my gains in MINDX. Funny to think India m…
JOHIX-
From Propectus:
The Fund invests, under normal market conditions, primarily in equity
securities of companies headquartered outside the United States,
including those in emerging market countries. Shareholders will be given
60 days’ advance…
@msf or others,
Doesn't some portion of the inflation factor get offset by SS COLAs that a 63-69 year old receives. These COLAs are cumulative over these 8 years. Seems to me COLAs act a little like compounding interest...the sooner you start gett…
Welcome savra...keep learning...questioning...MFO a great place to start.
If you are boxed in by only TIAA CREF choices try to identify the very best. Choosing TIAA CREF funds is notoriously confusing. Your plan sponsor may have simplified this to …
Usually its me that "F's" up so its nice to trade one of my "F's" for one of your "R's".
They are pretty close on the keyboard.
I'll repost the fund ticker here: PFINX
The value of a commodity (gold, oil, milk, pork bellies, etc.) is impacted by the valuation of the currency it's held in.
From the link below (investopedia):
"Gold is a proactive investment to hedge against potential threats to paper currency. On…
Last line of article says it all:
"a decline means one of three things: interest in bullion declines significantly, value-minded investors aggressively scoop up producer shares or some combination scenario."
Why would you not want to be a value m…
Great stuff...now which mutual fund best represents that top tier?
Article eludes to sectors:
" The effect is instead concentrated in sectors where the dominant players have pricing power–technology, finance, consumer staples, consumer discretiona…
@Dex -
Now, considering my net worth - my getting a subsidy doesn't make much sense.
Wonder if Warren Buffet qualifies for the subsidy (high net worth...very little taxable income), but his secretary (very little net worth...higher taxable income)…
Nothing wrong with 529 plans, but in the priority of savings they fall far lower on the savings ladder. I would first fully fund an employer's retirement match through a workplace / self directed retirement account. Second on the savings wrung would…
Dex,
If you don't need some of the OC coverages (you aren't a knock up pregnant women or you aren't knocking up women who have children), why not look for coverage outside of OC?
I have a HSA compatible plan and it's costs are equal to the same pl…
“The REIT market is very volatile, down 75% between 2007 and 2009 — which was terrific if you were in a re-balancing situation — and then up 400% from that bottom,”
I wanted to create a picture of the above quote using a personal investment ( I ex…
Related RE article:
"In a rising market, REITs also have some of the same challenges as directly owned property. “The REIT market is very volatile, down 75% between 2007 and 2009 — which was terrific if you were in a rebalancing situation — and the…
Reading between the lines, I see housing values taking a hit along this raising interest rate curve.
In a raising interest rate environment these 30 yr bonds (home loans) will put downward pressure on the value of homes just like they put downward…
I wonder if the impact of 0-Care on people is forcing them in taking SS early?
Another thought is that by taking SS early, one does not have to use their tax deferred retirement savings, in the hope they will experience gains. In my calculations, …
Hi bee,
A nice lower Standard Deviation combination throwing off some nice income, is a combination of VWINX and PONDX
Since 2008 that combination would have improved a stand alone VWINX portfolio:
(click on image to view more clearly)
bee, I *rarely* buy anything recommended by another as I like to do my own research/monitoring. But I must admit, much of the reason I had a good 2012 (better than the stock indexes and junk bonds) was entirely your doing. You were a vocal propone…
But then I am biased! Junk bond funds (PHYTX) are notable for their trend persistency and low volatility making them amenable to various trading methodologies using tight stops. Yes, I know 2008 was a disaster but the tight stop methodology would …
its managers have been on the job only since right before the crash, so some might prefer GLRBX based on tenure alone. But again, best to own both.
Here's a chart with performance since the crash (click on image to view more clearly):
Great fund, but why anyone would take it over GLRBX is baffling.
To unbaffle your thoughts, over the last 23 years VWINX (portfolio 2) out performs GLRBX (portfolio 1) by almost all metrics and it did this with a razor thin expense ratio (.17%) comp…
rmt,
Over the last 8 years anchoring POAGX with funds like WHOSX and PONDX would have smoothed out a portfolio's volatility. Not sure if these two funds will serve a similar purpose in a raising rate environment, but they should out perform when ma…
Sorry for stepping the linkster's link.
Sadly, I even read your link the day you posted. More evidence that my brain is operating on a mere 2 day data storage capacity.
The real riots will come when and if the government demands that someone (regardless of race/gender) stop receiving cell phone, food, utilities , housing and medical subsidies and that they now need to work for these benefits.
It costs about $50K/…
@bee I just finished reading "The Blue Zones Solution: Eating and Living Like the World's Healthiest People".
I'm hopeful that there's a glass of red or white in these "blue zones".
I'll counter this argument by saying that without proper exercise of our brains and body (all hell will break loose) much sooner.
Also, we don't give forgetfulness enough credit and I can't remember why.
Excerpt from this link:
funds-newsletter.com/may15
What Funds to Consider In Today's Market
"As just described, it appears that today's situation is most similar to back in 2001, with most, although not all, categories of funds in an overvalued pa…
Hi Dex,
I made a decision to take an early pension (defined benefit) at age 51 after 27 years of service. If anything will be different for those younger than you and I it will be that defined benefits will not be a common component of retirement. …
a friend of mine recently made a move into where the real action has been the past many weeks and that is emerging market debt. May move some there.
Recent TRP article on the good value EM debt may provide:
Emerging-Market-Debt-Offers-Good-Value
Another way of reading this is that Japan is out pacing China with industrial output and as a result has chosen to be paid primarily in US reserve notes rather than in dollars.
This serves to curb inflation in the exporting country as they are not…
Often not mentioned in these conversations is the role currency valuation plays in the valuation of assets, especially when charts are displayed using a strong currency (US dollars).
Asset valuation has a direct relationship with the currency it's…
I kinda remember the thread and making the connection to Goldin (no offense to your reference to @DavidMMP).
As I recall, Goldin owns a vineyard in CA and few grapes in France. They are both small footprints, but I wonder if they will serve as con…
I've often wondered if there is any correlation between fund closings and future market or maybe more specifically the fund's future performance?
Cyclically do funds run out of good ideas...opportunities?
This is a "soft close", much like what W…
