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 @rono:
Thanks for the replies,
One question I had...when it comes to managing the designated SEPP account, are you still free to rebalance, go to cash, buy and sell funds within the account or is the account and investment static?
Reply to @SlowLane:
Hey Slow,
Thanks for this choice.
As I screened PPSIX using bloomberg screening tool it listed two other funds, VWESX and DEERX. They are both LT corporate bond funds...a bit different than a preferred stock fund but Bloomberg…
Reply to @BannedfromBogleheads:
I noticed that 10-20% of all three funds you reccommend are invested in Vanguard's Market Neutral Fund which I think gets back to the value of risk parity mentioned in this thread.
Since the 2008 meltdown I have been impressed with the performance of WAEMX as well as MAPIX. Both seem to be out performing EEM (Emerging Market Eq Index) and EMX (Emerging Market Small cap Index) as well as EMB (Emerging Market Bonds).
Reply to @Old_Joe:
What I hear you saying (voice inside my head):
"Better to remain silent and appear centrolineal then to opens one's mouth and spend the night on the couch."
Thanks...
Thanks MJG,
Great interview.
To be fair, some people are willing to pay advisor fees for their services much like a automobile operator is willing to pay a toll to drive on a highway. Your video interview points out that most people are unaware o…
Thanks OJ,
From a related article:
"Bottom line: Expect the market to continue its bromance with Obama in a second term, but buy into it opportunistically when panic is in the air."
Where to put your money now that Obama has won:
Markets and Obam…
Over the last three years I have dollar cost averaged into WAEMX which, though it has a high expense ratio, has proven itself in both up and down markets.
What are others finding working in this space?
Here it is charted against the two small cap…
Reply to @BannedfromBogleheads:
Thanks BFB,
Your responses are very thoughtful...seem worthy of another more indepth thread...I was merely trying to point out that not all charts are created the same.
I would appreciate hearing more about what h…
Reply to @BannedfromBogleheads:
Hey BFB,
You bring up a separate issue which I totally agree with...diversification...especially where one investment's outperformance can be captured and reinvested into another that might be underperforming at the…
Thanks Catch for this presentation.
Any thoughts as to why the US is not listed on slide #17? Is it that we are usually the debt collector on most of these debts or because we can just print fiat currency and pay back our debts in less valuable US…
Reply to @claimui:
Hey Claimui,
You made me also think of Bruce Fund, BRUFX, which is probably one of the hardest no load funds to get acess to since this "quiet" father and son team only accept by-mail transactions. Chicago-based Mutual Fund Bruc…
Charting UNG and GASFX since April you notice UNG up 40% but, with a lot of movement:
The problem I have with this sectors is the long term performance of ETFs like UNG...here it is over 5 years compared to GASFX:
I still see mid-stream compan…
Hi Catch,
Looks like you concentrate or, should I say, diversify into four sectors:
-Investment grade bond funds 28.2%
-Diversified bond funds 22.4%
-HY/HI bond funds 14.5%
-Total bond funds 32.4%
You have been honing your portfolio for sometime.…
Thanks Ted,
Consumer Staples, Energy, Health Care seem like logical themes for China's growing middle class.
Maybe a related article by Mathews Asia Fund manager on China thrist for Oil (energy):
China's Thirst for Oil
Thanks JohnN,
From your links I found this article and Link:
The Flight Path Approach to Age-Based Asset Allocation
"The ability of young people to handle high levels of equity is a fallacy. It may be technically correct based on long-term return…
Thanks for this thread idea...its got legs.
Here's a video interview from M* with some Mutual fund "experts" and their thoughts as to what they like right now.
Morningstar Fund Experts Name Their Favorites
I didn't sell him my shares but I would like to buy him lunch sometime...so long as it's a "working lunch".
To me, this is a good sign. Dodge and Cox, T. Rowe Price and other fund families promote a culture of their managers "eating their own cook…
Reply to @Old_Joe:
Hi OJ & others...thanks for the replies. MIT is doing something similar with this project:
"The Billion Prices Project is an academic initiative that uses prices collected from hundreds of online retailers around the world …
Reply to @Mona:
Thanks Mona,
Another reason to like TRP as a fund family...You can always judge a good "fund family" by the way they treat their guests.
Reply to @Riley:
If you have a T. Rowe Price account you can access M* Portfolio Manager tool which might give you further insight as to what you hold collectively. This premium feature is free to TRP account holders.
Here's some info about these …
Reply to @BobC:
As a follow up to BobC comment...USAA does offer a Science and Technology Fund (USSCX)...with Tech and Healthcare being its focus. BUFTX also has this kind of focus but with a bit more consistent past performance.
With a combinatio…
Hey Andrei,
Very nice chart.
If one were to pair PSLDX with a steady eddy like a PGNDX (Pimco GNMA fund) or even one of my favorites, PONDX (Pimco Income), one could periodically reallocate profits from PSLDX and into PONDX along the way. Paying …
Reply to @VintageFreak:
In June, Hussman's weekly commentary stated that we are in a recession right now.
Here,
WSJ Article
and,
Hussman June 12th weekly Market Comment
Seems like stocks and bonds are stumbling up hill on a "more-FED" drip.
Thanks Ted,
Over the years I have migrated some investments to TRP. I have shares in the following funds:
PRHSX...Health Science Fund up 35% this year due to exposure to biotech
PRMSX...Up 13 % ytd, a less volatile Emerging Market fund
RPSIX...Mul…
Hi NickF,
My math problem wasn't to cast dispersions on a dollar cost averaging strategy just to point out that a casual reader of the article would fail to get the statement as printed correct. Obviously there is more to the fund than one stock's …
Anyone familiar with what role dividends play in each of these funds? Below is a link to PCRDX's dividend payouts over the last 7 years. PCRDX has a stated yield of almost 19%. I typically repurchase shares with these dividend payouts but, if I were…
Thanks for the article...check my math with regard to the following article statement:
Media Math:
"In 2011, AIG was a major detractor from the fund's performance, as the stock declined nearly 60%. However, for this year through August, this stock…
Reply to @fundalarm:
If either one of you could figure out a good date in the future to take profits I would be very "indebted" to you...actually, I'd be "out-of-debted" due to you.
Keep me posted.
