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.
Frankly ... and I don't mean to start a dogmatic fight here ... but I've never been a big fan of such "rules" about allocation percentages, rebalancing, and so forth. I don't rebalance any of my long-term accumulating portfolios, other than to make …
I'll stick with POGRX and PRGTX as my growthy/techy areas. This one does look kind of interesting in terms of the index theme and global allocations, but when I read the holdings in their annual report, it's "too diversified" and has too many hol…
I have a friend overseas (not in NZ) doing this very thing, with their firm launching sometime early next year. Great minds think alike!
mbie.govt.nz/info-services/sectors-industries/food-beverage/documents-image-library/Investment%20opportunities%…
Speaking as a GenX'er, there are some very good point made here....especially on the subject of technology+society, which echoes what I've been saying/writing about for years, too.
And I say this as someone who rarely agrees witih articles using b…
Also, one problem with using cash as part of your portfolio calculations comes from examining asset allocation, such as in M* XRay. With a large cash position in one of the accounts, it skews the percentages bigtime and doesn't give me an accura…
*shudder* That's the same logic used by certain politicians in 2015-16 who wanted people to believe that unemployment numbers, GDP, and the stock market's run[1] were all "fake news" and to be ignored ... but then magically, that all changed on 1/…
M* has the minimum for their high yield fund at 25K. Not exactly chump change, and might even be lower at various brokers, but it's probably doable for many folks here. But the 1.20 ER and 12(b)-1 fee on the investor class turns me off.
His O…
@JoJo: Yes, I believe cash is a portfolio 'position' (so to speak) but I don't consider cash as part of my portfolio return calculations. It's just an idle resource waiting to be used. But each to their own....
"If you're "nearly 100%" equities"…
As someone in their mid-40s with nearly 100% of my investments in equities, now that it's no longer needed for parental care purposes, I will happily deploy my large cash pile to opportunistically pick up stocks I want to own or add to as they "go o…
Agree w/Ted's sentiment. And PRGTX closing is great news, b/c they march to their own drummer and don't hold many of the 'usual' tech names like other funds. I like that ... and hold it, too!
LOL! It will be joined by the retrospective of the 45 regime, tenatively entitled "#FAKE ________!"
(yes, I am not a fan of this administration ... or any in recent memory, for that matter)
@LewisBraham Hillary will receive a Profiles In Courage…
Just buy booze and/or pharmaceutical (esp. those w/depression or anxiety meds) stocks -- either equities or actual bottles of the stuff. And as you said, take care of you, yours, and those you care about -- b/c the "system" in DC is only looking ou…
Mooch is gone, per the NYT Breaking News. Supposedly new WH CoS Kelly asked POTUS to remove him, and he agreed.
Somewhere in DC, I'm sure Sean Spicer is giggling like a loon right now.
RAI got bought recently by British Tobacco, didn't they? Not sure when the symbol stops being traded, though.
I didn't notice Reynolds American Inc (RAI) in the article. But I checked Yahoo, and RAI is down about 2.25%.
His reboot of 'WSW' was/is a joke and a far cry from Uncle Louis' content and PBS' quality. I saw one episode and barely made it through the whole thing.
As to Mooch himself, I remember seeing him as a regular on CNBC over the years .... he comes…
I'm sure there are those who do trade on his (and others) recommendations, not understanding many things about the markets or those who pontificate about them on TV. But hey, it's not my money that's being invested in such cases!! :)
Years ago …
I put him up there with some of the equity/forex 'analysts' from Goldman -- ie, Tom Stolper -- who would issue a much-ballyhooed call on something and nearly every time it would immediately or soonafter go against them. You could be right about his…
I don't give a hoot about meeting any particular performance benchmark but my own.
If a fund I hold gains 16% and everyone else gains 25% in a given year, I am not worried; it's still a very solid rate of return imho. Conversely, if a given fund…
@Ted - yeah, and she (rightly) got raked over the coals on social media for whining about having to do her job. Did she think being US rep to the UN was a 9-5 M-F gig only?
@Crash - wonderful things, dictatorships & police states. :(
@MFO Me…
@Edmund: Good list. Speaking of which, NBR/CNBC did a spot tonight espousing the bullish benefits of a Korean conflict on .... wait for it ... defense stocks!
I was talking about this w/my trainer @ the gym this morning. Given everything else that the WH is facing at home (ie, Russia probes) our consensus was that launching anything against NK would reek of a 'Wag The Dog' scenario right now --- ie, mea…
That makes it more compelling to me. I am not one for market-cap weightings.
RSP now gets added to BRLIX (.15) on my list for possible 'broad market' places to throw money.
Like clockwork, HACK is back in the news. *yawn*
There's no correlation on cybersecurity events + cyber company stock prices. If that was the case, given the state of cyberINsecurity in the world, HACK would be four digits by now and everyone …
I sold my THQ position from my Roth yesterday. Reason, diversifying away from direct exposure to health care @ the moment ... I had the sell order open for several months, btw.
I have a shopping list of stocks I want to own / add to, but @ the mo…
Agreed, Ted. But hey, it gets people to click on the link! ;/
@MFO Members: "Investors Are Swarming" is somewhat misleading. The fund's inception date was 2/11/13, and with just 194.5 million in assets I don't think you could call that swarming…
That's .... beyond stunning. Wonder how many folks buying into this thing consider themself informed, educated, and/or "sophisticated" investors?
Let 'em play with their money; I have better ways of spending and investing mine.
Don't feel bad - while I didn't get burned by them directly, given the GFC and the sector's refusal to learn from its mistakes, because I don't trust them or their math, I refuse to own nearly anything from the banks or financial sector!
It may be s…
Excellent fund, which I own as my only direct tech sector exposure. Like that it's nicely global and more importantly, as I've said elsewhere in the past, doesn't hold the usual "top 10" tech companies like everyone else. In other words, it zigs…
No, I really, really don't.
What I do want is a currency-hedged fund that holds currency which itself is inversely-hedged. ;)
... but I'm sure some sucker(s) will leap at the opportunity to look like sophisticated & knowledgeable investors …
If they're rebalancing or perhaps modestly adding to positions (as the TRP guy is doing), okay. If they're going hog-wild and overloading existing positions or dumping massive AUM into new ones, given this was a 2-day "blip" in the grand scheme of…
I am very much aware all this could change in a moments notice with the market being so high, but thought I would report my surprise finding for those that think indexes are the only way to go.
Good points, and sure, there are some active funds tha…
Good to see some action on this issue -- which gives us "little people" without our own SuperPACs or paid-for legislators plenty of time to begin planning for how we'll endure and/or exploit the (next) Greater Financial Crisis when these rules blow…
