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.
Pretty powerful stuff...might need a chaser to help get it all down.
Is there a bond guru in our presence who would like to help the rest of us digest some of these slides?
Just listened to Jim Rickards who explains the impact of a strong dollar on the repayment of EM debt which is repaid in US dollars. The $7T of EM debt may have higher than normal defaults as a result a merely a higher debt burden from a strong dolla…
What's are deep value investors buying as a result of these deep value opportunities?
One strategy, as a long term investor, is to diversify some profits into deep value stocks (or bonds).
One deep value metrics is identifying "stocks trading bel…
Just a few thoughts:
We have heard / read about the hoards of cash that Corporate America has been holding. What better way to hedge input costs than by investing some of this cash into oversold commodities.
In a world of printable weakening cur…
bee has in the past shared some good strategies on how you can actually place a bet this way and than "recharacterize" a year later if the position continues to lose.
This article might be of interest:
splitting-a-roth-conversion-into-multiple-acco…
I've been in FRESX since June and will continue to accumulate. VNQ is a REIT etf that I considered before buying FRESX, but ultimately chose FRESX. I like the diversification that REIT's bring to my portfolio. FWIW I don't own TIPs but your logic…
@scott,
a quick review of PIRMX seems to reveal poor performance verses a blended 50/50 mix of "VGSIX / TIP" and barely out paced "TIP only" over its short existence.
Isn't that sort of what Pimco's Inflation Response Multi-Asset fund does?
Cool...have to familiarize myself with the fund. Thanks.
Some REIT articles:
will-rising-rates-hurt-reit-performance
REIT Correlations
White Paper Interest Rates & REI…
Tax managed funds often split munis with the S&P 500 and have exhibited low volatility and decent returns with tax efficiency.
VTMFX and USBLX are two I follow.
Here's a list of ten (BBTEX seems impressive from this list, but no muni exposur…
When it comes to Bond strategies I like to reference Wealthtrack's interviews with Robert Kessler:
Here's one from 2014:
investmentnews.com/section/video?playerType=CMWealth&bctid=3708741801001&date=20140801
Here's one from 2013:
https:/…
I have a question in regard to RMD (Required Minimum Distributions).
Tax deferred (IRAs) requires distributions at age 70.5 due to RMD. What dynamic does this play in the 4% rule?
I can imagine that if RMD is anywhere near 4% of my overall portfo…
Cars as a mutual fund=AUTOX?
Car leasing & financing (bond like income).
Manufacturers (integrated Tech).
Fuel systems (Energy sector).
Auto Collectibles (mobile precious metals...precious as in "69 Camaro)
Car tourism (rentals...B&B...re…
I have a friend who rents a house in an upscale community, on the ocean, in Connecticut. If he wanted to own this home he'd have to qualify for and carry a million dollar loan. He would also have to cough up $20,000 for property taxes per year.
H…
@Kaspa...wondering if recent lower gas prices came into your decision making?
My thought is that a driver spent considerably more money driving a less efficient car at last year's higher gas prices compared to today's newer, more efficient, car at…
A run on a pension fund (taking all of your savings out) might have the same negative effect as a run on a small bank. I will say, that when Delta went bankrupt the employees (the pilots) were given a lump sum of money plus the right to receive thei…
I caught Steve Forbes discussion on his latest book, "Money", on Cspan. Gold is mentioned throughout the talk and I assume his book:
Money:
"Co-authors Steve Forbes and Elizabeth Ames talked about their book, Money: How the Destruction of the Dolla…
MINDX has performed well over this year, but as @JohnChisum mentioned India funds have had a history of providing a roller coaster of a ride. This past year, MINDX has exhibited very little volatility as well as consistent upward momentum. As @Junks…
My wife is from Bournemouth, UK and grew up at the beach. She wants to move back to the beach when we get a little older. Is Dunedin a nice place to live.
If you choose to live in FL, USA you owe to yourself (and your wife) to follow the coast and…
St. Pete is OK...Clearwater & Dunedin are better...best Beaches in the WORLD
Try the German Apple Pancakes at the Best Western (on the water) in Dunedin.
Yacht Harbor Inn Dining at Bon Appetit Restaurant
My uncle/aunt helped support the clinic…
@rono, where to now, St. Peter?
One of the best community organization around in "St. Peter"burgh, FL:
stpetersburgfreeclinic.org/
Reminds me of want's really important.
Thanks rono for your help/advise over the years.
Merry Christmas and a happy and prosperous 2015. My female hiking companion has banned me from this board (with one exception*)
Jealousy (splitting your attention between MFO & GF) is the highest form of flattery. You do owe it to yourself t…
@MJG
I actually read your entire comment...Merry Christmas and Happy New Year insight: Keep it simple...and short.
Hopefully, I will continue to enjoy your succinctness this New Year.
Disclosure: We are all guilty of "word-less-ness".
My take:
Lower commodity (input costs) should create the economic environment to "finally" prompt the Fed to raise interest rates which "eventually" will provide the necessary inflation to raise commodities (input costs). Buying commodities at thes…
I am really conflicted....VGHCX hit a dollar threshold where it's due for a 30% haircut per my established portfolio guidelines. The problem is, it's been on fire and I may look back on this as a foolish and profit limiting re-balancing exercise. I …
Here's DXY (US Dollar Index)
The US Dollar has been used extensively in transactions of "Carry Trade".
Here's an article on what may be changing due to the strength of the USD:
raoul-pal-dollar-chart
Article's final line:
"$5trn carry trade — w…
Article never did explain what is responsible for the market bull other than small investors are "bullish" on etfs.
To get out of debt... shake up these four letters, DEBT...geT out of BED...make a big Dog BET...Bet like TED
One more comment...
If your daughter has a HSA (Health Savings Account) she can make a one time contribution to her HSA by moving money from her 401K to her HSA account (considered a one time rollover). This, in a sense, allows tax deferred dollars…
An additional "bonus" will come in form of a tax credit. If your daughter maxes out her personal 401K contribution at $18K (you mentioned that this might equal 1/4 of her entire income) her reportable income might open some additional income based d…
If your daughter could max out her 401K contribution for 2015 she would receive both a tax benefit depending on her tax bracket as well as a 25-50% company "bonus".
Here what I think it might look like:
Another Article on the topic:
"US producers have locked in higher prices through derivatives contracts. Noble Energy and Devon Energy have both hedged over three-quarters of their output for 2015.
Pioneer Natural Resources said it has options thro…
"The bigger question might be at what point does an investor have too much in healthcare? "
When Health care investments start earning less than the Stock market as Whole, that would be a good time, if we live long enough to start seeing declines in…
Turnover ratio is one of those statistics that should be colored coded in my opinion. According to the website Investopedia:
"Mutual fund turnover is calculated as the value of all transactions (buying, selling) divided by two, then divided by a fu…
