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@Flack, I read it, but that's irrelevant. I'm saying, in OT discussion I don't expect to get investment advice or learn anything.
So our complaints are different. My complaint remains the fact that people cannot smell horse manure. I don't know wh…
Sorry, IMO lack of courage of your convictions. I still have hope they will sell out of WFC. Trump + Low borrowing + Stock Purchases is behind most of market gains, and especially in financials. It is not due to manager prowess. So let's not say his…
@Derf. That's what I was trying to explain. I don't think you can transfer from IRA in kind. If the fund company permits it will need to go as two transactions - a sell followed by a buy. Sell means you have to pay tax penalty and then buy fewer sha…
@Prof Snowball. Yeah I have checked that article however...
High cash stake is an accident and not part of investment philosophy and it shows in current numbers (PQUAX)
Then there is too-small-fund nuisance - small funds just close without warning …
@PRESSmUP. I really wouldn't advise you do that.
Say you owned it in taxable account @ one brokerage, and it closed, and you couldn't buy it in another taxable account @ another brokerage. THEN you could considering doing 1 share transfer and you'l…
Fine. Tell us how exactly your investment plans will be adjusted/altered based upon what you gleaned from this article.
Again, this is OT post. So it does not matter whether any investing advice can be gleamed from this thread. I would rather only …
Already own PVFIX, ICMAX and a smattering of FMIMX. Royce Fund I will never buy because I refuse to believe they run independently of Legg Mason and have clearly demonstrated their penchant for starting new funds no freakin' reason. Besides 12% is m…
Nice! I own it in my taxable account. I own OAKIX in my IRA. FMIJX has demonstrated itself to be a superior fund especially from a risk perspective. OAKIX does better in good markets. At this point in time, thinking I should at least get a $100 foot…
The tax implications of MLPs is driving me away from them. Perhaps I should get over my fears. Thing is there is already so much to RE-search and ANAL-yse. So I have always avoided REITs and MLPs and the like.
Even bonds I am not comfortable with…
@Flack FWIW, this is hardly political banter. This thread is calling out narcissists. The only people upset should be those of the same ilk. I have expressed an opinion on how to see through such people.
The topic is OT. If you don't like, forget …
@VF
>> I am indeed looking for funds that will go cash if manager cannot find compelling ideas to invest.
I do not think I have ever edited / rewritten an mfund prospectus, surely not many, where it did not say that this was a possibility …
Thank you all. If my query was not clear, I am indeed looking for funds that will go cash if manager cannot find compelling ideas to invest. It does not mean I will blindly buy fund because it is cash. Just a start for research.
And yes, if I want …
@davidrmoran. Once again, don't forget the psychobabble and "marketing" behind these "geniuses". The first things such articles do is establish high level of competency and intelligence in their subjects and also their superiority over others. I may…
@davidrmoran - Thank you very much for posting this. Not because I'm overjoyed to read it. I am really quite pissed.
This is a classic op-ed at self-promotion. I've seen it many times. Recently a CEO said "When we were kids, I and my sister would b…
When "everyone" is saying the stock market is going to go down, but it keeps on going up, what do we do? We look at the charts. Some people refuse to look at the charts. That's why I use ANALysis for investing. I tried Analysis. The problem was Anal…
Can you provide link to that article that proves global warming does not exist? I practice goal based investing and one of my portfolios was going to attempt to send my kids to Mars.
The problem is you can grow some stuff in your backyard while the other you can't. If you couldn't grow stuff in your backyard, all would be legal and patented by Filip Norris.
Very concerning. I always thought all the Porsche, Mercedes and BMWs in my neck of the woods were leased because auto industry not doing well and their business plan is to make money for 3 years and then unload used vehicles on the market. Now, I'm …
@MikeM. It's not about Long/Short or Value. And eff Morningstar. I have invested in FVALX for several years now after having a chat with Forester when I used to have hair.
To clarify, I own a lot of FVALX/INTLX at Scottrade. My largest holdings in…
Wouldn't this be a conflict of interest? They are ANALysing funds from other companies while providing their own funds. How about Gundlach starts rating their funds, Copper, Zinc and Tin?
@Puddnhead and @MikeM
FVALX, INTLX are my stealth funds. I honestly didn't know about FVALX having increased exposure to equities. I'm expecting it to outperform precisely because it has underperformed. One more thing - it shorts the market. Maybe …
@Old_Joe When I'm done should have 10 fund portfolio @TIAA. Planning to make it reasonable conversative and global. GAIFX I will buy when market corrects.
Other Toe Dippers...
FVALX, INTLX (because Scottrade has them NTF and TD will not)
MDISX, MQI…
I think E.R. should be evaluated based on the way the funds invests. If you are a closet indexer and charging 1.25% then that's robbery.
You can't expect to buy a Long/short or alternative fund for 0.25%.
Returns are always quoted after expenses. …
We interpret charts based on what we wish should happen in the markets. Now, there is nothing wrong with that.
It's one thing for me to get paranoid about an unfavorable MACD crossover if I'm mulling taking gains in one of my holdings. I can convi…
Sorry, guys. Really? How about we look at this chart?
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p73061033693
Can we say these could point to trouble for market?
1) S&P price about to br…
@VintageFreak- With the market up 5.5% YTD, if DSENX was shorting consistently how could they be beating the market at 7.4%? That doesn't seem to compute.
I just meant it must have positions by design that are supposed to go up when market is down. …
Err...but surely you didn't go and search "Scottrade cuts fees". Just like I'm sure you didn't go and search "JP Morgan gets out of the mortgage business".
I would think you scout for articles by date in the first place so you can then link new st…
$SPX down 0.23 today. DSENX up 0.07. I'm telling you part of the fund is short the market. And gundlach is not one to kiss and tell. M* will not even rate his funds (though I see the flagship is stuck in 'neutral'). DSENX is "Large Value", my foot. …
Is it just me, or is the chart in the article saying Mr. Forecaster has an enviable record is actually saying otherwise? Unless that statement means he is right 50% of the time, I'm not seeing it, and I'm being charitable.
