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.
Reply to @MOZART325: I own one of these -90%ers (bought BBRY) @ $57. Selling in the $6 range today. Almost ready to wallpaper my bathroom with the stock certificates. No conviction to buy more...unless "you know a guy... who knows a guy... who knows…
Gundlach is suggesting muni CEFs which seem to be selling at a discount.
An article (August 2013) on the topic of the pros and cons of cef munis:
seekingalpha.com/article/1635302-think-before-you-leap-into-muni-closed-end-funds
Thanks Ted...Here's a nice way to see how these sectors perform over different time frames.
thumbcharts.com/101592/S-P-500-Sector-Performance
My question:
Does an S&P 500 index fund have a performance / weighting drift that make it less of a …
Hey ron...I feel your pain. One appraoch might be to identify a similar fund that more effectively executes its purpose for inclusion in your portfolio. To me, long term underperformance is harder to accept, especially when other funds in its catego…
Reply to @msf: I agree msf. The fund seems to own only 15% in industrials. The fund seems more like GASFX due to its heavy weighting in Energy and Utilities. Through Vanguard etf offerings one could own VAW and VIS getting good exposure to both Mate…
Thanks Ted...Another good article on bonds and rising interest environments:
wallstreetdaily.com/2013/08/13/rising-interest-rates-2/print/
Article written in Aug 2013...Here is CHY for further review
Reply to @Ted:
I Just follow the advice of a very wise man who uttered:
"Keep learning more and more about less and less until you know everything about nothing"
North Dakato burns off (energy that is basically flared at the well) an estimated 100 milllion dollars of energy value per month. Efficiencies should start at the well.
Interesting article on why this is so:
gas flares
Reply to @Charles:
Really interesting chart.
Being smart or lucky enough to have bought a thirty year treasury or a 10 year CD (@ 14%) in the mid-eighties...wow. From your chart it is pretty clear that buying equities in 1938,1943, 1975, 2008 wo…
Much of this can be addressed (solved) by growing a viberate economy. We have abundant energy resources and an abundant trainable labor pool...all we need is the "powers at be" to grow some balls and wage a war on the reconstruction of the middle cl…
You obviously continue to earn the respect and admiration of your username from me...thanks.
I have the utmost respect for T Rowe Price...one of the best active mangement mutual fund companies out there, but this is full of mystery and intrigue...…
BUFOX is closed to new investors...a sign of good management, but also a sign that the fund may not be able (or want) to put new money to work in this space.
Interesting calculator and article on measuring worth:
Calculator: (Purchasing Power of Money in the United States
from 1774 to Present)
measuring worth
Article:
explaining_measures_of_worth
Reply to @Maurice:
Hi Maurice,
Through the author's website you'll find instructions on how to recieve his free monthly alerts (newsletters) through email alerts.
johndessauerinvestments.com/DessauerNewsletter.html
I was introduce to Mr Dresslau…
Reply to @BobC:
In addition to your points Bob (and others). TF funds can be dollar cost averaged into (and out of) with no additional TF fees. One strategy I have used is to set up monthly sales of one fund and then I use these proceeds to buy add…
Just thinking out loud... Could one just allocate 30% of their $1M into ultra-safe FDIC insured laddered CDs and allow the other 70% the opportunity to keep up with inflation...maybe even appreciate from $700,000 to $1M over the next ten years...a 4…
Reply to @catch22:
Stay safe Catch...my understanding is that the age RMD is triggered hasn't ever been adjusted upward, maybe it should be. Average age of death is now 78, not 74. Maybe RMD should be 74 for a 4 year recapture of taxes. Basically,…
Amrican Century offer Zero coupon bond funds that I believe liquidate at a specified date:
BTTTX...2025
BTTRX...2020
BTFTX...2015
"The investment seeks the highest return consistent with investment in U.S. Treasury securities. The fund invests at le…
Reply to @AndyJ:
From FRED:
"The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is sp…
Reply to @ducrow: The guy seems focused on telling everyone about the relevations that a tomatoe is a fruit, but can't seem to put a decent fruit salad together. I'll eat elsewhere.
Reply to @BannedfromBogleheads:
#1. Aren't HSA contributions tax deductible going in?
Also, why would it be more beneficial to "raid your Roth" to pay medical expenses? A spouse can roll over an inherited HSA tax free, but a non-spouse (kids) h…
Just spoke with a Bruce fund representative...using the Bruce fund requires mail in requests for withdrawals and deposits...no online transactions. There is no "debit card" option for making medical payments as part of your account with Bruce making…
Reply to @BannedfromBogleheads: Thanks BFB, I was in the process of setting up an account before year's end.
Also, For those that are eligible to fund a HSA account funding is tax deductible. Qualified withdrawals from the HSA are tax free. Also, …
Precious metals and mining companies tend to be less intergated than say energy companies. For example Mobil explores, extracts, refines, produces, and retails products from the oil, NG, and other energy resources it handles. I can't name many PM co…
Reply to @Vert: Ho Vert,
Owning these two funds (VWELX & VWINX) achieve this. I'm sure other funds would achieve this kind of success as well over long time frames.
Here's how they performed over the last 40 years in ten year increments:
1970…
Reply to @DavidV:
I guess its your choice of how you organize your accounts, but personally I like distinct and different locations (accounts) because to me they have different purposes. If they are both in a IRA status just separate them into dis…
Reply to @Ted:
Just passing along what I pick up from you and other here at MFO (David, rono, catch22, scott, ted again, Charles, Old Joe, msf, Bob C, Skeeter, Max, ted again,Kenster, et al)....thanks all
Hi DavidV...thanks for posing the question. Like a swimming pool's diving board, the further one goes out on the risk spectrum the greater the likelihood for ups and downs on the reward spectrum. Not all your money need be position in high dive inve…
Reply to @TSP_Transfer:
Your link referred to momentum (items "e & f") as one sign to keep an eye on and understand.
Bob's Mutual fund page does a nice job of identifying MO. Here is a link to his userguide which describes Momentum in market…
Reply to @fundalarm:
Hey FA...any thoughts on TTRZX? This Global Total Return fund has outperformed TEGBX over most timeframes. Here are these two funds along with LSBDX and IVSIX over the last 5 years:
Reply to @PRESSmUP:
This fund's performance seems consistently better than Vanguards Capital Opportunity fund which I believe is managed by Primecap as well. Is this fund available NFT? Thanks.
Reply to @Ted:
As you say, one of many hurdles... not to mention the time required to recharge verse filling a tank with gas.
Here's a website that does a comaparative cost of fueling:
egallon-and-electric-vehicle-sales-big-picture
Reply to @catch22:
I don;t have a spouse. At retirement my retirement account had a cash value. My pension payouts are based on a 25% contribution from my retirement account (its cash value) and 75% from my ex-employer. So say I receive $1,000...$2…
Reply to @catch22:
SS goes away when one dies, right? Wouldn't a retiree want to access SS since these pools of money "dry up" when one dies? It would be the first pool I would access for income needs. Pensions often have survivor options as well …
