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.
Skeeter posted this discussion recently and I believe the two go hand in hand. His linked letter is a worthwhile read.
http://www.mutualfundobserver.com/discussions-3/#/discussion/3572/oatree-capitals-howard-marks-investment-letter-...
Taking adva…
I believe this trend lend itself to the consideration of the fund, TOLSX, (DWS RREEF Global Infrastructure S) which I came across this past week. It is a well diversified global infrastructure fund.
TOLSX
Fund Mojo:
http://www.fundmojo.com/mutualf…
Reply to @Old_Joe:
Thanks for the reality check. Being down 25% on my PM fund (USAGX) I tend to start hearing Mark Twain's voice as he remind me that "a mine is nothing more than a hole in the ground with liar standing next to it."
But, if he's …
Reply to @scott:
Thanks for your comments Scott. I see this fund as a global equity fund with a focus...in this case, infrastructure, which as you point out has some really great diversification. Charting this fund against the World Allocation ind…
Also...on a seasonal basis...most public school teachers stop making contributions to their 403b MFs due to the summer break. I would assume college professors and other occupation that have a summer recess would impact these numbers to some extent.
Reply to @Zolta:
So far so good with USAA brokerage...no excessive trading fees. I am not trading in or out on a daily, weekly, or even a monthly basis. A 10% gain usually takes a while to unfold...but I do monitor for such an event and sell when …
Hey ron,
In windows based machines the function key, F11, allows you to toggle other display menus on and off. F11 once will give you a more viewable screen, F11 again and you menus redisplay. This might give you enough display area.
Another opti…
Hi ron,
The sun is the first "menu". Start by positioning your display screen for capture...sometimes you have to scroll up/down...left/right to get the screen to display correctly...say its a chart. Then, by hovering over the sun three icon option…
Reply to @Charles:
Hey Charles and Mike M,
Bottom line...investing incurs risk.
PONDX is my "get a good night sleep" fund. You might have another...there are probably many. When other funds I hold outperform PONDX I try to take profits during th…
Thanks Acc...I kinda figured this could cause some tangles. As you may have experienced... as the thread lengthens it is often difficult to find the latest contribution because it doesn't necessarily post at the end of the thread but, instead has br…
Reply to @DlphcOracl:
Embarrassment (he reminds me of my crazy uncle) and rage (we left him in charge of the cash register) may be coloring my perspective but, that only on good days.
Reply to @Old_Joe:
Thanks OJ...reading this for the first time is kinda mind blowing. I believe Investor was the first to suggest Cullen's explanations of these dynamics...so thanks to Investor and you for keeping the light on. Our currency is a r…
Reply to @catch22:
Totally agree...this stuff ebbs and flows. My question to these politicians from both sides (and in between) is this... What does an energy independent America look like? What does the strongest economy in the world look like wh…
Regarding This comment Dessauer makes:
"The question is not: is it a good idea to hire more police, firefighters and construction workers? The question is: how do we pay their salaries and benefits? If the answer is, by borrowing more from China an…
Reply to @MJG:
Don't credit the messenger...I just quoted the author (Sheldon Jacobs) highlighted in the article...hence the quotes...wish I could think so clearly and could grow a mustache like that.
Thanks Ted,
The Five Essentials of Financial Freedom:
"determine an appropriate asset allocation, properly diversify within asset classes, understand and control risk, keep costs low."
Reply to @kevindow:
Hi K-dow,
Thanks for your comments and list. I noticed that Invesco offers a retirement fund that has an expense ratio of .25 and invests solely in ABRIX. The fund ticker is TNEAX...looks like an even lower ER than ABRIX.
Fr…
Reply to @MikeM:
Hi MikeM,
As an added bit of data to your tracking the percentage "off their high"...I create a spread sheet that provides information about my funds that are moving "off their lows". This helps me further decide if there is some…
Hi MikeM,
I use PONDX as my "buy into" / "sell out" of fund. It is the fund where money settles when I sell shares of another fund (periodic profits or liquidations). It is the fund that I dispersed funds to buy new shares of other funds. It is the…
Thanks Ted,
Here's another article I found on M* site.
http://www.morningstar.com/cover/videocenter.aspx?id=440119
Also, Here is a list of many funds with the new system:
http://news.morningstar.com/pdfs/analystrating_111511_us_mutualfunds.pdf
Hi,
I also use Yahoo Finance in conjunction with MS Excel.
Simple steps:
-Create portfolio in Yahoo Finance
-At about 7-8 PM EST each day download it into an Excel file format...look for the download button in Yahoo Finance
-Open you personal Exce…
From a Fuller Money Referenced Article:
"Spain's banking problems are nothing to do with the global spread of its two giant lenders, Santander and BBVA. Nor is it anything to do with investment banking. The Spanish crisis is actually a tale of what …
Reply to @AndyJ:
Hi Andy,
I use three years charts because that time frame tends to lend itself to my long term holding decisions. Its historical data but, it helps me decide; "do I want to be in a fund long term verses some other similar fund?" …
Reply to @catch22:
Hi Catch,
An update Just North of you...
http://business.financialpost.com/2012/06/04/forget-about-a-rate-hike-is-a-carney-cut-in-the-cards/
Maybe this will help the Fed get things started...forward this to your congress person
…
Reply to @MikeM:
Hi Mike,
I think of a fund like PONDX as the "tight rope" that keeps me out of the canyon.
An agressive buy/sell approach would be 100% in PONDX when any other fund in your portfolio underperforms relative to PONDX. Lets use V…
Thanks for the article Ted,
A few points I came away with:
"...diversification should refer primarily to asset classes (REITS, Bonds, Equities, MLPs, PM/Commodities) and only secondarily to different types of equities, for example, large, small, o…
Reply to @Sven:
Hi Sven,
I'm sure Vanguard's ER is lower than USAA but, I hold this fund in a taxable account which serves as a component of my banking accounts so it is easy to move between the two.
Reply to @ron:
Hi ron,
I use a screen capture software called jing. Its simple to use and easy to add to a discussion thread. He's this discussion I had posted on it awhile back. Let me know if I can help further.
http://www.mutualfundobserver.co…
I hold USTEX (USAA Tax Exempt LT Muni) which has shown capital appreciation along with its 4.21% yield (1 yr total return of 13.82%). Higher interest rates are coming but, in the meantime; not a bad place to park some tax free cash.
Related Article…
Reply to @ron:
Hi ron,
As mentioned, LT Teasuries have been and will continue to be an insurance policy for equities. If you agree with that perspective they are still providing this dynamic for an investor who includes them. One of my reallocati…
Here's an interview with Consuelo Mack:
http://www.investmentpostcards.com/2012/01/02/wealthtrack-robert-kessler-–-why-treasury-bonds-still-make-sense/
Here's Barry Ritholtz's solution to the banking problem:
http://www.economonitor.com/blog/2012/05/fdic-rule-change-ends-too-big-to-fail/?utm_source=contactology&utm_medium=email&utm_campaign=EconoMonitor Highlights: Future of Europe,…
An article related to reliability of firefox...I use it...like it...I still have IE if needed for specific website that don't support firefox
http://download.cnet.com/mozilla-firefox/
Hi Max,
I recently did a 403b IRA to self direct IRA rollover at TRP. I wanted to keep my fund positions rather sell them...go to cash...convert...and repurchase same shares. I was instructed to complete the transfer "in kind". This kept all my fun…
