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.
Hi FF3,
If I understand correctly you have a portfolio that includes both IRA and non-IRA monies. Separating these should be pretty simple since Brokerage houses usually designate the type of accounts one owns. With the IRA portion of your portfoli…
Reply to @catch22:
Thanks Catch...this could be one reason:
http://www.bloomberg.com/news/2012-02-23/barrick-s-regent-says-gold-miners-losing-capital-to-etfs.html
Eric Sprout has his thoughts too (from an article either you or Scott linked):
"Lo…
Reply to @Derf:
Hi Derf,
The bit of reading I have done is that a miner on average spends $1100 to bring 1 ounce to market. With gold at $1630 a miner stands to make a 48% profit. This sounds like a viable business model to me. To me, there are s…
Reply to @BobC:
Thanks for the reply. Short of re-balancing when one of my funds has outsized periodic gains or losses I try to dig a little deeper to get a handle on investments that lag for long periods of time.
USAGX is one that has me scratch…
A screening ( no fee/no load, under 1.0 ER, M* rank 2-5 star, $3k or less min, SEC yield >4%) at USAA brokerage provided this list:
TRowe Price is listed as an advisor share (ER.98) here but, is also available as PRHYX (ER.78)
Also, Zack's r…
Two quotes I wanted to share:
"Why large cap gold miners are being so undervalued by equity investors is an open question that takes us back to the realms of stories. That the discount exists is undeniable; all that is required to crystallise that …
Reply to @catch22:
Thanks for sharing your weekly updates. The two part wealthtack video you linked today lead me to this article. I got a lot out of both interviews. Thanks!
Reply to @scott:
Extreme outcomes are unlikely but, as you point out, man and mother nature are both capable of unleashing such things and when they happen they often happen very quickly.
Thanks for your links and counter points.
Hi CB,
This MFO link might shed some light on the subject:
http://www.mutualfundobserver.com/discussions-3/#/discussion/2390/emerging-market-companies-having-a-multinational-parent-makes-a-big-difference
Reply to @Skeeter:
Thanks Skeeter,
I'll see how I might be able to incorporate JCRAX. Also thinking funds like these will fare well if interest rates begin to rise. I also have the same feeling for another holding USAGX which has dropped recently …
A quick search turned up this article:
http://mutualfunds.about.com/od/wheretoinvest/a/Best-Bond-Funds-For-Rising-Interest-Rates.htm
Fund Picks for a Rising-Rate Environment
http://www.morningstar.com/cover/videocenter.aspx?id=369122
Bond strategi…
Hi Greg,
If your aim is to "pass money on" (I'm available for adoption) you might think to look into gifting money over the course of years into accounts that the children would have in their names. I believe that gifting provides that the money gi…
Thanks Ted,
I own USATX and though there has been a slight pull back in fund price, the yield has been solid. Much of the gains of this fund and other Munis over the last year was price appreciation due to the "Meredith Scare".
More PIMCO Press...Mohamed El-Erian talks about the February U.S. jobs report and the European debt crisis:
http://www.bloomberg.com/video/88048150/#ooid=BrOHVwMzoPDRgCa3rHEoRlCfh6c9F2tf
ARBFX pays out sizable dividends. Charting this fund with the wrong chart tool such as a price chart (Yahoofinance) could give the wrong impression of how well this fund has performed over a long time frame (say five years). Mornigstar uses an inves…
Reply to @scott:
Hey Scott,
Wonder if there is a simple way to collectively invest in this group of companies using an ETF or mutual fund approach. I assume you invest by buying individual stocks. Are pink sheet offerings available through most b…
Reply to @Ted:
Hi Ted,
Wondering what your reasons were for selling PRHSX? I own this fund as well as VGHCX.
Also, do individual bonds play a very large role in you portfolio? I recall over the years that you have been an investor who often hol…
Reply to @David_Snowball:
Hi David,
Vanguard Star (VGSTX) is a fund I suggested that my daughter invest in when she opened her first Roth IRA. I would really like to encourage her to understand its place in an overall diversified portfolio. Have y…
Reply to @catch22:
Your way too humble...I can't imagine anyone other than one's wife agreeing with you...thanks for reminding me that: the more I learn, the more I realize how little I know...and yes, my list of players (funds) is getting longer,…
Reply to @Anonymous:
Thanks Anonymous (aka Skeeter),
I agree that present valuations make the equity side of this financial plan much more dicey right now. Thanks for your thoughtful response. Keeping or growing principal while taking a stream of …
Reply to @catch22:
Thanks Catch,
I have invest in PRPFX and I agree...it makes my short list. Looks like I need to incorporate FAGIX. Do you feel FAGIX will fare well as interest rates rise? It looks like it had a tough year last year compared to…
Reply to @MikeM:
Thanks MikeM,
Bloomberg catagorizes PGDIX as a "Global Debt" fund. As I checked out Catch's suggestion (FAGIX) I came across PYHIX...are you familiar with this fund?
I own TGBAX which also has a nice long term performance. Does P…
Reply to @scott:
Thanks Scott,
This seems like a very diversified fund with a great manager. Does Rob Arnott manage any other funds?
Bloomberg ranks PAUDX 1383th out of 2700 "flexible portfolio" funds based on its 3 month performance yet, its …
Thanks Catch...kinda what I had crunching around in my head today...the nut is which funds...in what amounts...and for what time period. Not sure if Vanguard could supply this information with any certainty. Thanks again for the link.
Reply to @Old_Joe:
Hey OJ...RIMM is a bouncing ball that have fallen down my cellar stairs. Emerging Markets / Asia seems to have some upside momentum.
The image was created using Jing.
here's a short video on how to use Jing:
here's a download…
Reply to @msf:
USAA brokerage offers the advisor shares (TGBAX) with an initial transaction fee(max $75), but no load. I believe the minimum initial contribution is $25K. I am able to do automatic periodic contributions with no additional TF. This…
Reply to @MaxBialystock:
PAUDX has a lower minimum. PAUDX has a 1.5 ER... bit high for a fund of funds. Wonder if BRUFX might be a better consideration
A few sites I like when comparing my holdings against other funds/ETFs in the same catagory:
Fundmojo:
-you can click around this link and find some comparative choices that are highly rated by Fundmojo.
http://www.fundmojo.com/mutualfund/fund_repo…
Thanks for the responses so far...the reason for my question relates to gold's relative value. In dollar terms gold has one value...1 ounce of gold today buys about 1700 US dollars. My understanding of a commodity index is that its value is determin…
Reply to @claimui:
Hi Claimui,
Thanks for your better understanding of mutual fund share price.
I wish Yahoo Finance charts had a simple way to switch between a chart display that provided both price and dividend chart, not just a price chart. …
Just wanted to chime in on WAEMX, Wasatch Emerging Market Small Cap. This fund did very well in the most recent downturn. I own both WAEMX and MSMLX and while WAEMX has had a more volatile long term track record when compared to MSMLX its short term…
Some points made by the most recent (Date: Friday, January 27, 2012) Don Coxe Conference call:
Based on The Fed's most recent call...low interest rates, lots of liquidity, kicking the can down the road...there will be low return on high quality bon…
Reply to @scott:
Hey Scott,
Here's a link to Jardine share prices...Dairy Farms International (I link them above in my first comment) looks to be part of this parent company, I believe. Check this link out:
http://www.jardines.com/investors/shar…
I also appreciated his strategy while waiting for and responding to interest rates rising:
"Gundlach acknowledges rates could rise. He shields investors by purchasing discounted mortgage-backed securities and pairing them with government-guarante…
