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.
As of June 7th, 93% pf the S&P 100 stocks are above their 200 day moving average.
Reference Article on this Stock Chart indicator:
Best-Indicator-Ever-Update
Link to Stock Chart active indicator...save for your future reference:
stockcharts.c…
Reply to @scott:
Related sentiment from "How Big Institutionalized Money Distorts Housing Prices":
"after presenting to a bi-partisan audience in the Capitol building, a gentleman came up to me and introduced himself as a real estate agent. He exp…
A lesson I have learned over the last 30 year as a homeowner is how large a role taxes play in the housing market. A mortgage interest rate, to me, is merely a tax on the availability of money. When inflation hit in the late 70's money became scarce…
Buffalo Micro Cap, BUFOX, might be worth considering. ER of 1.51. Seems to concentrate in the Technology micro cap space (60% Tech Stocks) where WEIMX is more consumer cyclicals and Industrials. AUMIX has a Healthcare focus. BRUSX is the most balanc…
Reply to @MikeM:
Hi MikeM,
No X-axis...just yield spread changes on the y-axis. You'll notice each Debt instrument in blue has a corresponding orange box above it. For example, Treasuries (I assume this includes all treasuries...not sure) averaged…
Since you are responsible for certain health cost I woud determine what that amount would be in a 1-3 year timeframe and allocate those dollars to conservative investments. As you spend down these health savings remember to reallocate so you always …
Thanks, that was a good read. El Erian seems Hussman-esque to me.
I think he could have coined a phrase I often heard in Sitka, Alaska:
"If you can't see the Mountain top it's raining and if you can see the Mountain top...it's about to rain".
H…
Reply to @Mark:
Great story... but the end product (the tube) looked pretty unremarkable to my untrained eye...could have been a sawed off piece of a bic pen as far as I could tell.
I recall NASA working on an anti-gravitional pen so that astrona…
If I understand Bruce B. when he explains his Sears position he points more towards its value related to real estate. He downplays Sears business model as a retailer. This is kinda like a antiquated farm that has trouble being profitable milking it'…
Reply to @Old_Joe:
WAFMX...Whatta fund performance this year...up 50% (1 Yr)...if this keeps up I might have enough for a vacation to Nigeria to see first hand what's their secret.
One observation...Real Estate related investment didn't like the news...
PETDX=down(-3.73%)
VNQ=down(-2.43%)
TOLSX=down(-2.07%)
Interestingly,
GDX= up (1.43)
So, maybe the trade when "QE infinity" ends will be to sell Real Estate, buy Precious Met…
Hi bnath001,
Does her present IRA reside within her previous employers 401k plan? If so, transfering the $200k to a self direct IRA would be my first suggestion. With her present employers plan, Vanguard is a great way to avoid high fees though thei…
Reply to @BWG:
My hope was that readers would also watch the interactive video, click here, I ceated which looks at these two fund over 5 year timeframe all the way up to a month ago. The chart comparison merely provides the oppotunistic buying and…
Reply to @Mark:
When the guy worth billions pays less taxes than his secretary he qualifies as a robber barron in my book. A tax savvy robber barron I might add. Maybe its me, but I'd like to see these two guys shake mankind a little more before th…
Disclaimor: Warren does have his own private jet that he let's his own personal jet pilot fly for him... my opinion...Warren and Charlie are modern day robber barrons...would love to see them blow all their money on something they really believed in…
Yes, also when you think of 2d document printers your material needs are printer ink and flat paper. When you think of 3D printing say an electromechical device like a toaster your material list just skyrocket into another dimension. How does a 3d p…
Everytime I come across a book peddling financial guru it reminds me I need to stop worrying about my investments and invest in writing a book. More money seems to be made coaching (through lectures,books and CDs) than actually performing on the fin…
Another 5% down day for the junior miners (GDXJ)...wonder what value fund managers are following these falling prices?
Article, might be worth a read:
the-next-generational-op-gold-silver-or-miners
Interesting chart I came across today...NIKKEI225 hitting an important resistance point:
Article:
hottest-market-on-the-planet-can-it-break-from-its-troubled-past
Would love to find a collection (maybe a mutual fund or etf) that holds a number of these PMining or PMetal companies that have solid business fundamentals and pay a nice dividend. VGPMX has a TTM (Trailing Twelve month yield) of 3.27%. BGEIX (1.17%…
Radio Shack once had an interesting business model when it first open. It sold and promoted the backyard electro-machanical engineer. By selling discrete electronic components (resistors, diodes, transistors...even vaccuum tubes) and kits (HeathKit…
Reply to @MaxBialystock:
Hi Max,
Here's something quickly found after a search. It has a calculator that you might find helpful. There's a difference if you are a spouse vs. non-spouse as Investor mentioned. Roth IRAs follow different rules.
Inheri…
Reply to @philpill:
Thanks...Matthews is probably the one place I would turn for "neck insurance". MJFOX has performed quite well over the last 3 years compared to MAPIX:
Thanks Flack for your response and Charles for asking the question.
If I undertand Margin usage, let's say I have $1,000 to invest at a brokerage (and in the market). I can "borrow" 50% more money or $500 dollars and add to my market positions so …
Reply to @Mindy:
I'm curious myself...especially when we have had net outflow on domestic equities for the past 5 years as shown in this chart here:
Net out flows, but market keeps going up
Reply to @fundalarm:
The opportunity exists in the fact that higher yielding (often older issued HY debt) will appreciate as lower yielding issues come to market and compete for investor dollars. This is what many investors miss. A lowering of int…
Often this creates an opportunity for capital appreciation for older HY bond notes that pay a higher yield. Mutual funds with longer duration HY bonds should see capital appreciation as yields of new issues provide lower yields. A search for a well …
Reply to @hank: WIsh I had $10,000 back in 1929 (also wish I was alive to invest). Anyway, here's how one of the oldest mutuals (VWELX), which is still alive and well today, has done over that so called "plateau" Fischer spoke of (1929-2013). Intere…
Thanks Skeeter,
What funds do you use to cover these positions? I have used USMIX as a Midcap Blend index fund as well as USSPX as a Large Cap blend index fund. Others that filter well at my brokerage are:
LC Choices:BEQGX, BIGRX, SCDGX, PRFDX, PSP…
The other big owner of MBIA is Warburg Pincus. Here's some of their other holdings FWIW:
warburgpincus.com/portfolio
MBIA is listed within their LBO (leveraged Buyouts).
Warburg upcoming IPO - Antero Resources:
reuters
Reply to @msf:
Thanks for chiming in...here's a link to an article that questions the value of Morningstar ratings. I guess I'm a bit incorrect with criticism of their ad claims. Definitely worse choices out there than TIAA-CREF, but as you point …
