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 @msf:
Thanks for the personal commentary msf,
I was in Hawaii with this 88 year old BofA customer last winter and we both were amazed that not one BofA exists on the islands of Hawaii...I guess they are BofMainlandA.
As for these ATM f…
Reply to @kevindow:
Hi K-dow,
Thanks for the info on both counts...I guess I misread M*'s info. You are correct. I have access to HAFLX through my brokerage so I will have to consider a switch.
Ouch... 50K minimum...anyway around this hurdle? Th…
Hi Anna,
I agree...BAC loves to fee ya". I don't have an account with them but my elderly mom does. I had her stop receiving paper documents...$3 fee/month. I noticed they charged a $44 fee for new checks. It never dawned on her that the nice peopl…
Hey Derf,
I have hesitated pulling the plug too early on these accounts hoping one would shine through. Who would have "thunk" LT treasuries and Lean Hogs would be investment of the year.
select year to date on this chart:
http://finviz.com/futur…
Thanks Bud...more informational than another link I found. Here is a good interview from the founder of the ECRI (Economic Cycle Research Institute) with Bloomberg:
http://www.businesscycle.com/#
But more importantly... can I count on your vote in November?
Bad idea...agreed. We are in a very sorry state when politics has the ability to conjurer up this kind of thinking by money managers. Not sure which I trust less these days.
As Will Rog…
Seems we have a set of parents (the house and senate) that refuse to act as parents. Governing, like parenting. can be a dirty job (that someone has to do) for the greater good of the family (the country). Special interests seem to polarize parties…
Hi msf,
I agree...but, it sure seems like our "do nothing congress" is adding to the recent markets down turn.
Now my question to Jaffe...did he check to see if congress was in session the week he wrote his article?
Hi John and others,
Quote From your link:
interestng article for fix income minded investors
http://advisorperspectives.com/commentaries/pimco_92111.php
"...we place a lot of emphasis on downside hedging. Investors certainly want to participate i…
Thanks Investor,
It would be nice to see how Morningstar would construct a portfolio with these funds...What percentages would they hold these funds for different types of investors (aggressive vs. conservative).
bee
Reply to @Derf:
Hi Derf,
By creating (7) separate $5K accounts I am able to decide which account to actually convert in 2011. and which I chose to re-characterize (return back to self directed IRA status). I probably would not want to convert ac…
Reply to @Anonymous:
Thanks Skeeter,
I have been following VGK (Vanguard Europe) which has dropped almost 30% from its 2011 high. Here's an article that might be of interest:
http://seekingalpha.com/article/293193-stock-etfs-that-may-benefit-fro…
Thanks Scott,
From your referenced article:
"...those with a bullish bias would be better positioned adding to HY longs here, and those with a bearish bias should prefer to use equities. In relative-value land, a HY-IG compression - modestly hedge…
Hi Catch,
Thanks for this article. It seems a good manager in this space (bonds) tries to do two things, reduce risk while providing inflation beating returns. Gundlach has a talent for finding distressed risk which can add additional value and jui…
Reply to @Kenster1_GlobalValue:
The best approach to tail hedging is a flexible one; using dynamic rebalancing, diversification and affordable option-like securities.
"...affordable option-like securities..."
What types of securities would these…
I'm feeling a little of the same pain in USAGX...down 4%. Both hold a lot of miners and little or no metal. I believe they will play catch up or gold will correct downward...I think miners will play catch up. TGLDX has a little bit of both miner and…
Reply to @MikeM: Thanks MikeM for your comments and the time you put in to get the data on these funds...I will definitely use this matrix...have you come across a website that gives this data...probability return range?
bee
Reply to @scott:
Thanks Scott, It looks like these hedging strategies are more common than one would like. I am trying to understand the "options" market a little better so thanks for this included explanation of how this fund hedges.
bee
Reply to @steppinrazor:
Hey Step,
Initially the phone was transferred numerous times since it was actually hard for the TRP phone jockeys to find any information on it. They we more and more curious themselves about the fund and finally found a "…
Reply to @scott:
Thanks Scott...lots to digest...got any salt?
Your optimistic commentaries in the unusual space (out of the box as you put it) reminds me of the kid who upon receiving a pile of manure on Christmas day proceeded to fling it abou…
Reply to @David_Snowball:
Being a TRP investor I put a call into TRP with regard to PRAFX...interesting response. Thanks for making my day. We always want what we can't have. I like Fidelity's Strategic Real Return's performance thus far this year…
Reply to @David_Snowball:
Thanks David,
I noticed the link to the SEC ended with a period which should be edited out to allow it to viewed.
Thanks for your comments...I love uncovering secrets!
bee
Thanks MJG,
Prior to "The Big Short" was a presentation Titled "The Dark side of the Looking Glass" that I have link here:
We as small investors have to be more lucky than skilled these days.
Anyway I have enjoyed reading your suggestion and I…
Thanks for this Investor...I have often made the mistake of using Yahoo Finance's charting tool for comparison of funds. This is important to remember when comparing funds using chart comparison tools. Morningstar is the better choice. Yahoo Finance…
Thanks MJG for getting this discussion started as well as to others for their input.
I have tried to model my portfolio in my mind as well as on paper. My first step in the process was and is to select my investments. This is the work...the learni…
From the Zerohedge article:
"If, say, the 10-year note were to be capped at 2 1/2%, where it was at ahead of the QE2 program last fall, compared with the current 3%-plus level, the total return for a 10-year strip would come to over 10% in a 12-mon…
Thank MJG,
Having an exit strategy whether its an all out fire ( I presently own RIMM) or a smoldering smokey stock market (all my other fund equity holdings at this time) is probably more important to me than my buy decisions. I enjoy your analyti…
Hank,
I have a short story...I have owned my home momentarily twice over the last 25 years. Each time I was close to not having a mortgage payment I felt that I could do better refinancing the equity in my home by paying principal plus a 4ish% inte…
Hey Greg,
Thanks for sharing what sounds like a very common problem. If I might indulge you...what is the make up of your taxable portfolio? The reason I ask, I have a feeling some of us here could learn from the process you went through creating y…
