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.
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Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
Reply to @Rbrt: As I recalled in other interview, the farmland he referred to are "private" real estate investment trust, not the public traded REITs.
http://www.fa-mag.com/component/content/article/1-features/12079-bargain-scavenger.html?tmpl=…
Reply to @Hiyield007: Another option - DoubleLine Total Return, DLTNX, invest mostly in mortgage backed securities. The no-load investor share, has a lower ER (0.76% with $2,500 minimum) than Pimco's offering.
I too concur with Ted's suggestion. PAMCX and BUFSX are ran by long time experienced managers with solid records. Besides both funds are closed to new investors.
Reply to @Ted: Thanks for heads up. Will watch LSBDX really close from this point on. Dan Fuss is 77 years old and Kathleen Gaffney was expected to be the successor.
Reply to @Investor: Concur with your assessment. We stay away from advisor sold products as many do not provided better return than simple index funds. In 2008 downturn, these active managed funds in my home state actually performed worst than ind…
Not really. Several big unknowns are coming - slowing earnings, Eurozone, China's hard landing, another global recession in 2013 and etc.
Many investors got burned badly in 2008 and they want to be more conservative going forward.
Not a big fan of Neutron Jack for sure. His comment is off target as demonstrated his lack of knowledge on how the number is accounted from the Dept of Labor, not the White House.
Great discussion on HPQ and Nokia... Time change and these companies are going down the path of irrelevance similar to Polaroid. Over time it appeared D&C "devolved" from their solid stock picking they once had.
By the way, we have D&C …
That is sheer greed, nothing more..... Years ago I invested in N/I Numeric Microcap fund, which closed shortly when it researched $200 millions. It performed very well until they decided to exit retailed business.
Personally I like Wasatch Emerg…
Reply to @mns: There was a discussion tread on global funds in general. Several noteworthy value orientated fund - Artisan Global Value, ARTGX, managed by O'Keffe and Samra. This fund has been highlighted by David Snowball here.
http://www.mutu…
Incremental buy in :
Wasatch Emerging Market Small Cap, WAEMX
Templeton Global Return, TGTRX
Reduce positions:
Apple, AAPL (took profit when it peaked over $700)
Pimco Total Return, PTTRX
We are entering earning season and market can react poorl…
Matthews Asia Strategic Income Fund, an Asia focus bond fund, has sizable allocation invested in Philippines, Malaysia, Indonesia in addition to China. YTD return (9/27/2012) at 9.1% ; 30 days yield 3.87% as of 6/30/2012.
http://matthewsasia.co…
Reply to @Kenster1_GlobalValue: Clearly poor stock picking picking contribute to this year's lagging performance. Also the gold and large cash positions did not help.
Reply to @Accipiter: We are looking at the tip of the iceberg. Many large multinationals are practicing the exact same thing. There are ample of loopholes within US tax codes that allow these corporation to get around them it is probably all legal…
Reply to @Investor: Also, I consider this as a political post (and interview as political interview) since these folks has no problem increasing deficits and growing entitlements during Bush years.
Medicare will change forever and replace with "vou…
Reply to @AndyJ: Vanguard closed their high yield fund for the same reason - heavy inflow. In this low yield environment, income investors are pushed to take on additional risk. Once upon a time, CDs yield over double digits.
Reply to @Investor: I see this sort of "specially packaged" funds more often in 401(K). Sometime annual reports are not available for these funds. Tracking performance is thus nearly impossible.
Thanks for posting. Vanguard Health Care fund has been one of my parent's fund for the past 15+ years. Throughout the market's ups and downs, the fund has done very good as noted int Barrons article. In the past several years we adopted a second …
Small shop from Milwaukee, WI offers excellent returns while providing lower than average downside risk. Also the expense ratio are very, very good. These days it is seldom that 1% ER for international funds.
For the record, we owned Common Sto…
He is following his rival, Bill Gross, footsteps. DoubleLine is basically a bond shop., and it will take awhile to hire solid managers and to build up the analyst supports to be competitive, let alone being successful, in the equity space.
Reply to @scott: "Lastly, I'm sure some developing countries around the world who will see further rises in food and other prices will not be pleased."
Inflation in food and consumer staples is here already in US. Many companies play games with co…
Reply to @Old_Joe: If we look far enough, say 5 years time frame, US will enter another recession. Forward-looking picture is challenging... My take is that the interest rate will be higher than the near zero rate today, and investment grade bonds …
Reply to @kevindow: The EM allocation is decreasing from the previous month. Also over 10% derivates are used in the cash position. Going foward these two funds should not track each other as the portfolio construction are distinctly different. Q…
Reply to @kevindow: Are the data you posted found in M*? The difference in EM exposure reflects different viewpoints with respect to risk & return between Pimco and Thornburg.
