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.
@willmatt72 If you are saying our intelligence agencies are partisan, then I suppose Comey should be able to control the damage?
@DanHardy I guess I'm saying the NSA was always spying on people and we just found out. To me it was not a watershed ev…
@DanHardy. Are we really saying same thing will not happen under Trump :-)
Besides it's one thing having NSA monitor the media and another calling it fake news. The first action makes us worry about the people in charge. The second action makes us w…
Lather, rinse, repeat: wired.co.uk/article/us-president-donald-trump-attention-economy
The thing people don't understand is that Trump isn't really hostile to the media. He is the media. He's the equivalent of a meme, an Internet troll, an earworm y…
“
First they came for the Socialists, and I did not speak out—
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak ou…
@MaryKay. Seriously, there is a reason one shouldn't do too much ANALysis. The Russians could have compromised our elections and worse and the market STILL hasn't tanked. Rumor and News have been rolled up into one and the Market is making new highs…
Yes. Returns are always after expenses. Perhaps he meant to say a fund earning 2% overcoming a 1% ER will find it hard to do it year after year. The lower the expectations on returns, the more likely they are to be met, the lower the ER.
I'm guess…
Their stock I heard is hitting all time highs, so...
Also guys, I'm a very experienced eBayer and a very happy one. And the reason is I figured out way early that you only buy stuff that can't really go bad. Like a phone case - perfect example.
I…
I recall learning that Joe Kennedy got out of the Market just BEFORE the Great Depression?
What I learnt is there is no substitute for insider information. The "best" investors often have this talent. They call it "re" "search". They have to search…
this is amazing. I've never found anything I wanted more expensive on eBay. Wonder WTF people are buying on eBay if Amazon is cheaper.
On the other hand, I'm not going to cry for Amazon. They pay pennies to the sellers on their platform and keep m…
Anyone remember the Pictet Global Water fund? It crashed and burned. Wrong time to launch that fund I guess. Today I only see Pictet's name on one fund. APINX. And it does not seem they like water, but they sure like alchohol.
I don't know anything about what you're talking about...that's my story and I'm sticking to it.
ROFL. It's okay. We will not tell anyone what you are smoking.
Guys, I have a serious question. I have never understood this EVER. Like for instance "cash on the sidelines". Granted if Fed prints money there is more money. However, for every person who buys a share, someone has to sell it. Unless every day sign…
President Trump's Stock Market Performance.
It is President Trump's "Stock Market". Yeah...
It is President Trumps "Stock Market Performance".
This proves what exactly?
Trump is enjoying it ?!?!?!
Much has been made of the stock market’s record…
I can tell you right now, people and systems at Vanguard cannot round numbers properly. They have never fixed that problem. Extremely irritating. There is no earthly way you can make a fixed dollar investment and come up with the same number of shar…
Since Hussman started calling for a market correction, every year one person or the other will sound the alarm. Then the one's who didn't say "a-ha" am I glad I didn't say anything? Next year I will say something and it will be closer to the market …
@bee, you know hindsight is always 20-20. Who knows? After a fund does badly, then someone buys it and looks at it after 10 years, it might have outperformed all others of its ilk.
Some people just get lucky. Others don't even know what they are i…
I would think Active Share is important IFF one wants to invest in Active fund. Active funds that closet the index are pointless. But, we already know that. At least I do, and I don't need research. Just common sense dictates it is senseless to try …
ZEOIX - not available at Brokerages (I know, I know, I'm being picky)
ZEOIX is available at Fidelity, Schwab, Scottrade, TDA, and Vanguard according to Morningstar: http://financials.morningstar.com/fund/purchase-info.html?t=ZEOIX&Country=usa…
Thank you Mr. Snowball.
I opine...
SSTHX - out of the reckoning on first principles. Wells Fargo...FAR GO I.
GABCX - Succession issues.
ZEOIX - not available at Brokerages (I know, I know, I'm being picky)
MWSTX - Just look at the chart and see wh…
@hank. Excellent callout on TRBUX. I wouldn't have known it does not have the 30 day buy back rule. It really would be perfect for my situation. I just need to figure out if the settlement money market fund performance vs TRBUX is even worth it to t…
NYSE 52 week lows have been higher each of the last 3 days market has gone up. If market keeps going up and the 52 week lows keep increasing it will demonstrate that only a narrow section of the stock market is leading this rally. Which is basically…
@bee lot of fund companies have asset allocation funds that distribute money between their other actively managed funds. I don't this this is an issue. However, chosing your worst growth fund for the sleeve of your asset allocation fund is.
I had o…
I was merely making the point M* lists it as 40% bonds, and not that I treat it as a balanced fund. Or I will admit, I was not going to lose opportunity to let everyone know I want what M* is smoking. If it is tracking DSENX holding 40% bonds then i…
M* will classify FVALX as Long/Short equity when it simply buys some puts for hedging. Just look at the Portfolio currently for FVALX as it shows now. 78% equities and no long/short break up listed, WHICH M* provides for other funds it does not clas…
@bee, why? In another few years, that big decline on the chart will disappear out from the left.
More seriously, *this* was the moment I discovered I had finally got over "mutual fund love". That deer caught in headlight feeling I used to have when…
So I looked out the window, and I saw a pig flying.
And tomorrow I expect to see another.
And possibly the day after I might see one more, but I'll tell you after I confirm the 2nd pig tomorrow.
What I am trying to say is that my order for GBLEX fo…
This is the reason I was mad with Artisan. Big fund companies can persist with ideas they thought were good till people wise up and let performance speak for itself. Artisan liquidating their funds that did not garner asset or lost lot of money says…
@MikeM, @DavidV
Guys, but DSENX actually does not invest in the CAPE stocks right. It tries to mimic its return, so it is more "active" than "passive" at doing that I would think. I would like to hope DSENX can actually do less worse if CAPE rolls o…