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.
My original question to the board was,
"How would an investor use TMSFX to hedge PRHSX (or any other Health Care fund) from volatility or downside risk?"
Interesting points. I was considering transferring part of my brokerage account to avoid brokerage transaction fees. I didn't consider that moving from the brokerage to the new fund family would also reduce some potential risks, but its worth consid…
If standard deviation is normal (standard) then it makes sense that stocks would have a normal vibration. The market isn't the only thing that effects these vibrations. The currency that the stock are exchanged for also play a part. Stocks that wer…
Both TMSFX and HHCCX were going nowhere from January 2011 to mid 2013, so the beautiful figure above does not fully represent them. TMSFX had a manager change a month ago.
The point of the chart is to follow a fund (PRHSX) against an indicator (in t…
@Vert,
Part of your passage brings to mind a concept called "dispursed costs and concentrated benefits". A stealth method of wealth redistribution achieved in small increments and then pooled for some other specific purpose.
Look at one of your …
Hard to eliminate the middle man especially when they control the profitable purse strings.
Years ago my dad would take crates of fruit as payment for setting a broken bone. These settlements (barter) between medical provider and patient were very…
My first question would be why? What is the advantage? The yield verses the ER seems like a losing proposition. If you are looking for tax efficiency consider these USAA funds: USSTX, USATX, USBLX...here they are charted against your fund choice:
What a great call back at the beginning of the year to buy FIATY. I didn't make it, but I have followed it...up over 100 % over the last 12 months and 44% YTD. Nice call here at the "Scott Market".
For me MINDX, PRLAX, TRAMX has performed well enou…
Getting back to your orginal point...why some much complexity? Why so many layers of fees (especally with respect to 403b accounts).
Average workers remain inadequately prepared to invest and often don't possess the skills to navigate the maze of p…
Might be a helpful link to this thread:
“Nestlé is the new Treasury bond,” say GTI fund managers Iain Little and Bruce Albrecht.
"The Swiss giant is an outstanding example of the select group of multinationals that are so big, diversified, well-ma…
What importance does a one dimensional comparative reference based solely on financial wealth provide us?
I believe Lower, Middle or Upper Class shouldn't be thought of as a destination we arrive at or even a label we're assigned. I have never asp…
Thankzzz. I'll buzz by and comb through its prospectus. I believe the ticker is BEEHX. I hope they expand offerings to BEERX and BUZZX.
At first buzz:
They might "play with the numbers". If you take a look at the Expense Ratio, the fund provides a…
Since you said please, here's your video. Enjoy!
wealthtrack.com/recent-programs-ROBERT KESSLER – IN DEFENSE OF BONDS
EDV (Zero Treasuries) vs. IBB (Biotech) over the last 5 years:
Uncle Catch has broken into the "powdered stock equity" cabinet again... drinking the 90 proof Kool Aid always ends badly.
I do agree that holding individual bonds to maturity and using a laddered bond strategy makes sense as rates rise, but a good…
Thanks Old Skeet,
The main criticism I've fallen victim to for referencing this site is the fact that it's "play money". "Show me the money...where are the receipts".
O.K, fair enough.
Call me clueless, but to me this site is no different than …
I'm not a M* premium member, but I do have an account at TRP.
Here is TRP information page of their tools and resources.
individual.troweprice.com/public/Retail/Planning-&-Research/Tools-&-Resources
It looks like a visitor (once register…
Putting your final choices into Morninstar's "My Manager" tool might be an interesting way to see overlap and overlap concentration. I don't have a premium membership with M*, but instead have access through T. Rowe Price. Your brokerage may offer …
I have dealt with this issue with an elderly parent who had minimal monthly income (under $1,000) and a small nest egg of about the same size as you stated. I started by creating a financial plan that had two main components (a budget of how money w…
Janus has a couple of world allocation funds that use a balance of equities and bonds:
JSPCX Conservative World Allocation
JMOIX Moderate World Allocation
Thanks Charles,
My allocations are small making gains helpful, but from a portfolio standpoint I am -4.5% off YTD High and 0.12% off its recent YTD low. Many of these funds had some catching up to do though I can't complain about the consistent pe…
Thanks Charles, You have a good memory...still. More than I can say for myself.
My exposure presently is in ETFs VDE (Energy), VAW(Materials), VIS (Industrial Consumers), VGPMX(Mined Materials) as well as a well some diversified exposure in ETFs li…
@Old_Skeet. Looks like commodities, infrasturtcure/real estate lead the pack this year.
I have to agree GASFX (+10.48%), VNQ (+11.15%), PETDX (+16.5%)
Also happy with performances from:
BRUFX(+7.19%) Moderate Allocation
TRAMX (+9.66%) Africa, Middl…
After a little investigation (emphasis on little) I have come up with a short list of low turnover equity funds:
Most Index Funds
Equity-centric Funds with less than 25% turnover:
LEXCX (0% turnover)
FAIRX(16%)
FLPSX(11%)
LCEIX(9%)
USAWX(16%)
V…
Good Stuff OJ,
Kids still want these same experiences you had growing up.
A recent push by most school today is for kids to take standard tests which unfortunately makes learning about Technology less of a priority. Technology and Pre-Engineering…
@cman:
... situational awareness depend on the Time zoom level you are using for decisions but exist at all zoom levels and decisions happen at multiple zoom levels.
Reminds me of the bandsaw lesson (woodworking is still taught to kids):
"Your han…
I always thought it would be an interesting study to compare long term performance of Vanguard's Primecap Funds VHCOX VPMCX and VPCCX (managed by advisor Primecap) and the Primecap Odyessy's Funds POAGX, POSKX and POGRX. I'm sure there are other Van…
Thanks Bob for your comment on the Bear Market Percentile ranking.
For those that haven't referred to this data point it can be found as part of M* Ratings & Risks Tab once you have entered your ticker symbol search. Scroll down to Volatility …
I believe I did something similar. If I recall it was referred to as a section 90-24 transfer. It allowed me to move some of my 403b (7) (mutual fund investments) from Vanguard (which was part of my sponsor plan) to T. Rowe Price (which was not part…
Wish RSH and BBRY (Blackberry) could work out a deal. I feel your pain.
I wonder if a mutual fund full of these struggling companies exists? Not sure what the future success ratio (gains vs losses) would need to be to make the fund profitable, but …
I think that aside from the top 5% (mentioned by cman) benefiting from the Feds actions, the Fed also get credit for bringing corporations, pension funds, state and municipal investments, banks, and even IRAs back from the abyss.
I see the Feds a…
Thanks Kaspa...very good read. Now if I only had a couple of million. Actually I'm sure strategies are scaleable. Munis are an interesting bond sector that is often not considered as part of a bond portfolio in IRAs, but seem to have qualities, asid…
Hi Hogan,
I rely upon Ray Dalio (again, a shout out to Catchh22 and others for posting) to explain the inner working of these things, but my understanding from his simplistic model (I'm sure the Fed has a whole host of tools in their toolbox) is t…
Ineresting recent comment:
"Jeff (Gundlach) is highly concerned with one particular bond bubble that is still ongoing...He notes that the typical bank loans trade settles in T-plus 10 (meaning trade date plus ten more days, more than twice as long …
Thanks Bud for posting,
With respect to the first slide: "Who owns our Debt". I try remind myself that holding debt is a choice. For the Fed, who prints money and controls the Fed's fund's rate, they are attempting to get the US through this debt c…
Asia Confidential referred to the Tobin's Q Ratio which is introduced, evaluated and applied to the market by Doug Short in this article:
Q-Ratio-and-Market-Valuation
Thanks Cman And MarkM for your comments here.
My attempts at charting these two investments is not to seek perfection. Basically it helps me illustrate (mainly to myself) that allocations can get out of whack as a result of over and under performa…
