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.
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…
An interesting Japan Mutual fund is HJPSX. With a 2.24 % ER and only 15 Million AUM, it holds Micro, Small and Mid cap companies. Over the life of the fund it has performed well against the Japanese Index:
Here's Mae West's version of "good":
""When I'm good, I'm very good, but when I'm bad, I'm better. "
Wish I learned how to post videos:
I'm always wonderful at night.
Over the last 20 years Health Care funds have shellac the overall market in both to the upside on gains as well to the downside on losses. Here's VGHCX (Health Care) vs VTSMX (the Market) over the last 20 years. Will this continue?
NO machine (computer) can look into the future and "SEE" what's going to happen, many Human beings can...they are called "winners'
I see happy hour and stone crab legs in your future:
@ David_Snowball
"It does, I think, feed the ongoing discussions here about the future of 60/40 portfolios as safe havens and how to think about positioning your portfolio."
My thought:
How about an "Emerging 60/40 fund"? Would MAPIX or MACSX fit t…
@Mark...thanks for responding. Even with the trimming, AIG is still a 40% holding for FAIRX...I may have to suggest it be renamed F-AIG-X.
@David_Snowball...This M* "dual descriptor" reminds me of the oxymoron, "Jumbo Shrimp".
Should one be more …
M* seems to have a love / hate relationship with this fund. One Star yet gets a Silver badge. I wonder if there are any One Star / Gold funds out there?
FAIRX may soon be the first.
YTD, SHLD has had some surprising "ups"...19% since New Years …
The peak is steep on both sides...TLT's price has "appreciated" significantly as LT government bond continue to find their interest rate bottom. Here's how TLT has performed (numbers represent % gains or losses) since 2005:
Investors will move b…
My 2 cents. A lot of successful investing comes from having confidence in your approach. Believing in it so much that temporary setbacks don't cause you to sell everything at the worst possible time and run for high ground and locking in losses.
A …
wow. i don't recognize but one or two of the funds on that list. no VWINX?
Doing a little charting I compared VWINX and my screen list and as you point out it provided a different story so I apologize for my exclusion of VWINX. VWINX out performed…
Thanks Ted,
Article leaves out the fact that alpha (relative out performance) is just one component of investing success just as hitting is merely one component of successful baseball. If alpha has diminished over the years what other strategies im…
Just connecting the "utility lines" here at MFO:
Recent thread started by Post & Lineman Ted:
mutualfundobserver.com/discuss/discussion/19237/chuck-jaffe-s-money-life-show-guest-skip-aylesworth-manager-hennessey-gas-utilities-index-fund/p1
Obama's Fiduciary Plan:
"There are a lot of very fine financial advisors out there, but there [are] also financial advisors who receive back-door payments or hidden fees for steering people into bad retirement investments that have high fees and low…
Here's a bond related story. Understanding bonds has been my biggest investment challenge. Much of it seems counter-intuitive and layered with all kinds of investment vehicles.
Tom McClellan published this chart and article today regarding the top…
If a retiree is lucky enough to cover monthly expenses with SS, pension, income annuities and maybe even periodic dividends there is less of a risk selling invested assets at the wrong time (down market).
Even these "lucky chucks" will probably st…
Combining thread ideas here.
Ted recently posted a similar Top Performing Global Stock list which revealed a few funds that I might call "Global Hybrid" and what M* calls "World Allocation" funds.
These funds are typically made up of:
-stock (b…
