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.
@msf. We can't have it both ways. We want to compare funds to their "category" but fact of the matter is any fund's mettle is tested against the S&P500. Besides if we want to be an active fund manager then we should expect his M* category to cha…
First, I'm no Greenspam fan and give tuppence what he thinks. To me he represents a good part of everything that is wrong with this universe.
Now, then, it would seem to me all those fund managers holding Gold dunno what they are doing. I'm not tal…
why are drones special? My neighbor yesterday had his tree cut and taken away. My property was invaded by the tree cutters gear for 6 hours.
do "no trespassing" signs sell because people who want to sue others buy them? Is that a legal requirement?
-15% YTD. Yikes!
WTF is going on at this fund. It is not as if the S&P went up another 4%. I thought maybe fund invested in gold or something, but I don't think that's the case.
I fear we will hear some disturbing news from this fund company i…
@msf - I am speechless ! Except M* had already started saying bad things about this fund in 2001. It was not doing well you see, like many other funds. Janus and Legg Mason were still still M* darlings but not this fund or this company.
However, I …
let me tell you why donald trump is still rich. people don't ignore him. Stop feeding him. don't watch his Tv shows. if he comes on tv, switch the channel. stop doing business with him. do not watch miss universe.
people who get donald trump deserv…
Thank you, I own this sucker and was just thinking yesterday to cut my losses. I just put in order to sell. It was going nowhere but recently suddenly tanked - you can see from chart. Almost like some investor pulled out a of money. Time will tell.
…
I'm extrapolating your "areas".
If you are looking for an absolute return fund, WMNCX is an option. So is HSTRX. However, think about what happens over long periods of time. You have many options in this category. I own a smattering WMCNX in an IRA.…
I have practiced this for a while now. However, you then end up owning many funds. I'm fine with it, some people aren't, and others downright frown on it.
I maintain independent portfolios at all major brokerages. By definition I have multiple fund…
We buy a fund because we hear good things about it. Then when it does not meet our expectations we think about selling it.
Now, nothing wrong with this. We have to make decisions in the PRESENT. Hindsight is always 20/20. Hopefully our decision is …
@MikeM - I didn't say I was being smart. It is "unconscious bias". I'm thinking "at least the guy is not an ass****". So I own him in my "alternative" slot. Him donating to charity is not reason to buy him. However, that prevents him from being my f…
@MikeM, @LewisBraham
At some point we have to accept, just like we had "long" quacks pretending to be geniuses in the 90s, we've had "short" quacks pretending to be geniuses between 2000-2002, and 2008-2010.
I bought HSGFX because at least I didn'…
@mrc70
You know we need to really examine why we own a fund. "Performing well in a downturn...". Scarier words have never been spoken.
I think one MFO measure of how long it takes to bounce back is telling. I have got my share of flak for holding H…
The byline
Retirement accounts that rely too much on stocks are at risk should the market turn bearish.
Okay...
If you stumble, you risk falling.
If you forget to wear a sweater in winter, you are at risk of catching a cold.
WTF?!?!?!
This is n…
Keep in mind guys. We constantly hear those with college degrees are more likely to find jobs and high paying jobs. The problem is validating someone's education. One can be very smart guy but without a college degree, he does not have an endorsemen…
I don't see this as a feud. Clearly there is disagreement and Gundlach shouldn't care what M* thinks. I don't think their opinion has affected the sale of his funds. Matter of fact if they had, any reasonable businessman would try to work things out…
I've pretty much given up on watching all mainstream sports. Can't get all these things out of mind. No one thinks of financial misdeeds in fields like sports. It is not natural. Same used to be the case regarding private colleges until it became a…
It is a waste of time for the most part. Colleges may impart knowledge, but never wisdom.
Whether it is a waste of money depends on what degree one was able to purchase.
Because if she pisses him off by idiotic negative campaigning, he will run as an independent.
What if the end-of-the-day goal is just to move her to the left a bit and force her to focus a bit more on substantive domestic policy (liberal)?
I'm tr…
well i reserved it on a couple of machines. Need to make decision if I to take it. I have a Windows 7 machine I think I will take it. I'm curious about Windows 10, so...
Windows 8, now I think I will decline.
All this does not matter. At the end of the day, like always, it is money that will talk. Jeb Bush and Hillary will win the nominations.
IMO, the problem is Hillary needs to "manage" Bernie Sanders. VP might be problematic, but she has to find him …
I just found this site. It shows live cyber attacks. Very interesting. Looks like Chicago is being targeted.
http://map.norsecorp.com
What I don't get is why authorities haven't shut it down, assuming it is credible.
Is this someone's opinion on …
Profound ignorance. Please read my message again.
Still posting this from a machine running Linux Mint. An Inspiron 1720 bought in 2007, with 4GB RAM and 1.5 Ghz Dual Core CPU with 2 x 250GB, one with Windows 8.1 and one with Linux Mint.
I know pr…
Wonder what happens if they hack admissions records and find out about it, but can't tell anyone and then eventually it comes out. Let's see how where some Harvard alumni are working these days....
Oh my god! It's a conspiracy !!!
Mac OS Sucks. You can't do jack with it. How much freeware you got for MAC?
Use Windows 8.1. Let me tell you what you need that you already didn't know was free.
VLC player - videolan.org. Plays anything and everything.
WPS office - wps.com. Works…
Now I HAD to get into discussion. I've been trying for years to see if I can use Linux and not have to purchase Windows. Every 2-3 years I get that bug. Everytime I'm disappointed.
Yes you can use Linux. You don't have to be a developer. However it…
One day inflation is going to kill all retirements. That said I see the problem two ways and I'm not sure I would call one of them about "financial literacy". Some other literacy maybe.
1) Some people just don't make enough to save. It is easy to p…
Thanks much; quite as I thought, comically. I had assumed there was something new here since Burns was writing about it. But it's the same old confidence fairy shit.
Maybe Paul should rerun the number at 20% flat and $100k exemption. Or something. …
Excuse me while I throw up...
... I'm sorry I'm not back yet. My innards are continually in upheaval.
I don't need 10 reasons to dismiss and or not dismiss something. I just need omitted. Something omitted does not mean it exists or does not exist.…
@LewisBranham - I was saying going forward.
You let McDonalds and Walmart keep paying people minimum wage. They stay on foodstamps. The CEOs make more millions and perhaps maybe sometimes do some "charity" to assuage themselves of their guilt that …
Like we learnt from MFO in July, when CEO compensation is tied to stock options which in turn is tied to stock price, we will have such inadvertent mistakes.
let's cut to the chase. if we as consumers do not want to let them get away with it, we need to stop shopping at whole foods. no one else is going to do anything.
thank you for this. me and my hard earned money will not visit whole foods.
