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.
To me, he cries wolf way too often. I rarely get anything from him that is useful...I don't need any help bumming myself out. He's way to helpful in that regard. Did he work at Hussman before arriving at PIMCO?
Reply to @catch22:
Thanks Catch,
As investors we also need to gauge and remind ourselves what we are trying to accomplish. What is our goal with all this?
Someone here at MFO shared Ben Graham's quote on successful investing:
"safety of princip…
Reply to @hank:
Thanks for your response. I agree with you on both of your unloved sectors...NR, Miners, Metals...and International Bonds. I own VGPMX long term in the Metals & Mining space and I added to it in June with some profits from VGHC…
Wondering about this selloff of bonds.
My thought:
"For every seller of these bonds...there's is a buyer."
Could the outflow of these bonds end up being "purchased" (mopped up) by the Fed?
If these bonds were US government bonds they could ju…
Maybe Title it: "Mutual Funds...Mutual Feuds...Mutual Friends" (I'm hopeful these two cowboy investors ride off into the sunset mutually respected at the end of the movie).
Reply to @BobC:
Thanks BobC for chiming in. We seemed to keep the Lecture Hall noisey enough waiting for the professor to arrive. Are you familiar with the fundmojo site reference above in one of my posts and here:
fundmojo
They site tends to foc…
Reply to @MikeM:
Hi MikeM,
I'll add PRWCX and BUFBX to your list...two funds that usually provide me with straight solid shots down the middle of the fairway...now if only my chipping and putting funds where more consistent I might enjoy the walk.
Reply to @Kenster1_GlobalValue:
Hi KG,
I follow your thought process and appreciate your comments. Seems to me we can buy the index or search for a manager who can beat the index in such a way that, as investors. we have the confidence to stick a…
Reply to @DlphcOracl:
Thanks D,
Your list reminded me of a website, Fundmojo, that dedicates part of its focus to manager success in category / sector. I took your first choice FPACX and screened it using the fund research tool (see location belo…
Reply to @Investor:
The long term performance of my list of funds have been pretty dismal...banged up and beaten down...nice to see some upward movement with these funds on an overall down day.
My thought for this thread was less about one day pe…
Reply to @mrc70:
Hi mrc70,
VGPMX is a long term hold that I recently added to...not treating me too well over the last 1-2 year time frame. I opportunisticly own USAGX. I find that I have to keep this fund on a short leash. Glad to see some funds …
Many foriegn students (Chinese in the Boston Area) are propping up the housing market as their families choose to buy an apartment for their son or daughter. I personally see this as a viable alternative in some college towns with depressed housing …
Reply to @VintageFreak: Good points. A 50% drop is like a burst water pipe while fees are like a leaky faucet...you'll get around to fixing a busted pipe pretty quick, but the unnoticed slow drip will siphon off more water over time.
Reply to @Daves:
I'll give this a try:
5 year gains = Your average return over a 5 year period (June 2008 - June 2013)
5 year standard deviation = The maximum dispersion away from that average return over a 5 year time frame.
"The road to (avera…
Reply to @SteveS:
Welome to MFO...Just so you and others fully understand what a 1-2% service charge means to your bottom line I included the growth of a single investment of $10,000 made when someone is 25. After 40 years...retirement age of 65...…
Reply to @VintageFreak:
Hmmm...MOM is an etf, but POP is not...Ishares needs to work on this injustice. You probably have seen the presentation, "The Darkside of the Looking Glass". A little dated (2006), but still relevant and worth your time if …
And Blackberry picking was interesting...Up 10% on News of possible Sale:
BlackBerry May Puts Itself Up for Sale:
finance.yahoo.com/news/blackberry-says-explore-strategic-alternatives-121040316.html
Reply to @Bitzer:
Hi Bitzer, When threads get long, I agree, it is a chore to find the most recently added comments. There is a system in place to help. Someone can probably explain it better than me, but there are yellow icons that look like this…
Reply to @David_Snowball:
Thanks David, great comments and so true. Additionally, a smart well disciplined small investor is, as you previously mentioned in another thread, only mildly interesting to the Financial idustry so there is little help o…
Reply to @catch22:
Thanks Catch. Nice comparison tool at this site as well...Charles would be jealous. Click on the "More Performace Analytics Comparison" button for all the data
myplaniq.com/LTISystem/jsp/portfolio/ComparePortfolio.action?withCo…
Reply to @David_Snowball:
Thanks David for this break down of categories as well as fund choices.
Funds that choose to have a high cash balance seem interesting to me. I came across another that might worth considering:
-Hennessy Total Return In…
Reply to @MikeM:
Great set of choices. These types of funds let you stay in the market...stay invested...stay calm when market pulls back...dca (dollar cost average) over time.
Any other similar funds on your list?
What are your thoughts on MA…
Reply to @Junkster: Thanks Junkster...a percentage of cash definitely is another option to active investments and a hedge against a market down turn. Are you seeing any other opportunities in bonds...HY Corporate, munis, EM bonds? Dan Fuss explained…
Reply to @Maurice:
Your description sounds also a little bit like this artic animal:
"No other animal has the defense method of musk oxen. When danger
threatens they do not run away. Instead, a herd of twenty to forty
individuals backs into a ro…
Historically, I have really been impressed with the Wasatch management team. WAEMX was introduced at the peak of the emerging market's performance back in Sept of 2007. It has handly outperformed the index since inception. Here's a long term chart o…
Reply to @scott:
Short debt verses long debt...good call over this last year. I charted your fund (short debt) compared the BTTRX (Zero Coupon Long Debt) ...the two charts are 10 yr and 1 yr...very much mirror images of one another as well as swit…
Reply to @scott:
I hope this was a recent purchase for you...up 18% over the last three months after nearly down 70%. What exactly is trading inverse debt?
I try to take quarterly profits when any fund I own has gained 10%...more often than not I wait a lot longer then 3 months, but by doing a review quarterly I usually avoid early redemption fees and I find that there is at least a few holdings that h…
A lunch with you and Ted would be interesting...no sharp flatware please...just a menu of hot tongue and possiby cold shoulder. Glad you both contribute here.
Any common viewpoints you share are worthy of mutual flattery from where I stand.
Look…
Also I am not sure how closely TTRZX resembles TGBAX in make up, but TTRZX has an ER of .79 and is NTF at many brokerage houses and has outperformed TGBAX over the last 5 years. Here are the to charted together:
The only bond fund I own that has experienced a similar 10% lost over the 2013 time period referenced in the artcle is an emerging market bond fund, PYEMX. Here I believe currency devaluation has also played a part in the value of the emerging marke…
Reply to @VintageFreak:
Another fun fund to look at long term is LEXCX ING Corporate Leaders...been around in one form or another since about 1935...$10K worth $21M today.
Reply to @Art: If I understand Roth rules correctly the orginal owner has no RMD so long as the 5 year rule is meet. A spouse can inherit another spouse's Roth without worry of RMD. It's when a non-spouse inherits a Roth that RMDs come into play.
…
Reply to @VintageFreak: Happened to be the year VWELX originated (1929)...as you can see in the chart that I provided above it took a sizeable hit soon after 1929...lost 60% of its value during the depression years. If your parents were smart enough…
