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.
Thank you all for bringing conversation on track.
One thing I missed regarding SCMFX (how the heck?!) is fund has moved its market cap. To add insult to injury it should have faired better in its new market cap lower in the capitalization spectrum …
At least you admitted to hijacking the thread. Now can the MFO SWAT team please help me with my original questions. Hopefully our discussions are not always "look how great a fund is" and then not say anything until a time comes and fund has few goo…
You know this about perma-inflation Singer, right?
https://www.washingtonpost.com/news/wonk/wp/2014/11/06/heres-the-latest-dumb-argument-from-a-billionaire-that-will-hurt-the-economy/
nice job there vilifying the guy (not saying he shouldn't be no…
If his assertion is true, then shouldn't smart active managers and hedge funds be able to exploit the situation?
the problem is most active managers are not smart. there in lies the problem. indexers don't have to be smart. they just need to be ethi…
Long term should have nothing to do with it. What matters is the cost of entry to the market, not how long you stay in it. In this regard, lump sum usually beats buying in over a period of time (say a year, though the length is not important). …
Forget what active managers are saying. Shouldn't passive managers keep quiet once in a while? If all active managers went out of business I don't think passive managers will have easier time competing. Right now, they come out ahead. So just shut u…
Guys, please help me out here. I am looking for safety not return from my MM fund. I currently have VMMXX, FDRXX and PRRXX. Am I good,or do I need to switch?
Bought TGLDX long time back. Like I do with almost every fund, I never reinvest distributions. Helps when fund yields 80% one year and makes distribution and stinks up the next year. Now again seems to be yielding 100%...waiting for distribution.
B…
What should people buy then? ETFs? Individual stocks? Hedge Funds?
Why we bother reading such articles?
You hire someone to do something for you when you don't have the time, but you have to spend just enough time to do due diligence. Car mechanic,…
how honest are people when doing their employee surveys :-)
I can believe the "worst" list. I can never believe the "best" list.
all employee surveys are not anonymous (no they really really are not) which is what these opinions are largely based on.
Like Faber has himself said, "everyone will be right at least one time in his lifetime". Not sure how old he is, but he has been dooming and glooming for as long as I can recall. Of course, he can even be proven right after he is no longer on this p…
Let me get this right. After October I should not have money in Vanguard Prime Money Market or Fidelity Select Money Market or TRowe Price Prime Reserve? Then what should I do with my cash?
Yet for years, as VF pointed out, it knocked the ball out of the park, was an M* analyst pick etc. For me, another piece of evidence that it is damned hard (not impossible, but damned hard) to pick a fund that's going to outperform.
That's why I k…
unbelievable...this was such a high flyer. I will admit if minimum investment was not so steep I would have bought into this fund and probably forgot to sell. Good for me.
First take away pension. Then line your pockets with bonuses.
Next enrich wall street and receive kickbacks.
Now accept that workers were never your priority in the first place. You've milked everything else out as it is including waiting to add mat…
I agree. I see kids buying dumb stuff. If we tax them more, they would have less money to buy crap with. This assumes we have honest politicians who will use the money to make their lives better. But hey, at least they will buy less crap. Which will…
By the way the question sort of duplicates the thread called "July " but I think my title is better and I don't know how to edit it anyway
You are forgiven :P
WTF?! Why ARIVX? This should be a crime. You cannot keep a fund around with almost in cash selling it as a strategy only to close it.
I hope I don't see Cinnamond selling Cinnabons now. Or may be he will move to another state and restart his fund.
…
How come? It is allowed to hedge 50% of its portfolio. So it should be done 50% of the rest.
Aaah...someone at Fortune had a article quota to complete...and convinced some rookie at M*...
I am truly hoping Artisan funds get their mojo back.
I am counting on it, but I did take some money off the table in all my holdings couple of times last year. Especially glad I took some money off the "value" funds, since they did bad last year a…
Why I am able to hold funds like fpacx is because I don't reinvest dividends and when folks start worrying, I look for entry point to add.
I am probably in the minority here who thinks, getting hoodwinked by the argument of compunding returns and n…
Bought ATT and Verizon. Sold Gilead.
Bought T Rowe Price Blue Chip.
Noticed this so asking. You doing me deep value investing, tech investing or utility proxy play?
I sold what I had to sell for a while. Holding on to what I had for dear life. And stopped pondering altogether. Focusing on other things like keeping job, which if you have will take care of everything else.
It is that time in the market cycle, an…
"Dollar-Cost Averaging Good In A Falling Market".
That depends on whether you think this is an ordinary correction in a secular and continuing bull market or the beginning of the next bear market. Dollar-cost averaging is NOT good in the early and…
Oh,finally the argument has changed eh? Now we are only supposed to DcA in falling markets. I have a dream. That someday we will hear don't DCA in rising market. Don't reinvest distributions. I have a drew today.
By the way this is same as when to b…
Consistent with capital preservation is a phrase in lot of equity fund prospectuses too. Now I am ass dissapointed with rsivx as anyone, but let's not quote this and perpetuate the notion rsivx is a cash substitute.
bf and I each contributed $5 to our lottery pool = 5 tix. We plan on taking the lump $um. :)
The Power Ball is $2 / ticket. You buying the right tickets?
Well, we bought a ticket too, contacted a tax attorney about setting up the blind trust to receive our winnings, and carefully did not mention the purchase much less make joking promises to relatives. We are ready; let the drawing begin.
What planni…
I don't play the lottery, but it occurred to me that if I bought a ticket I would have an equal chance with everyone else to win money that others had built up. However, winning would seriously complicate your life.
Call me when you win. Oh wait you…
Enough with the math. Gas is $1.79 not $4.00. spend $2 on the lottery ticket. You will not notice it. Why bring logic of odds into it?
Lottery is a concept. Donald trump won the lottery when he was born to his parents. I think he bought 100000 tic…
Hedge fund vs "hedge fund". Photocopying was synonymous with xerox at one time. Who said hedge funds have to charge 20% profits and 2% fees? That is the first problem. If I invest the same way but only charge 5% profits, then my fund is not a hedge …
