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I look at it differently. You put Whitney George as manager for every new fund, then give it to another skipper later. Some part of Legg Mason has to rub off...
I predict Royce goes the Janus way.
It's not just profits that were reduced. I think when TIAA-CREF was forced to enter "retail" market, read "taxable" market it was a challenge. When you are managing money in retirement accounts you don't have to worry too much about your clients pa…
Sir, I just wanted to say one does not have to shell out $1M or $5M to buy AQRNX. One can buy for $100 at Scottrade. Also I don't think it is a momentum fund while are other AQR funds that have word "momentum" in their name.
Nice. However I was waiting to ask a question until after the guide was published hoping it would answer it. Since it didn't I will now. In one word...
Emoticons?
I think TIAA is like Facebook. It's there in your face, but secretly you want it to dissappear / go bankrupt. Since losing their "tax exempt" status, they are not the same company.
I trimmed WGRNX in my portfolio. Like I have said so many times, WHEN you buy is ALWAYS more important than WHAT you buy. I sold in one brokerage, bought lesser amount in another.
Sue me.
I'm happy to see Royce diversify into higher cap territory. However for me to get interested in Royce, first they have to get independent of Legg Mason.
Just came across this while I was researching PIMCO. Not looking to influence your decision. but hoping this opinion helps you in making your decision.
Playing Defense in Search of Income
D shares are only available through brokerages. I'm going to recommend the gent look for some other fund family. I think this person thinks he is james "bond" guy therefore looking at PIMCO, no other reason.
Besides the big 3 (Fido, Vanguard, TRP),…
So if we want a Vanguard fund that has 50% stock and 50% bond we need to buy Wellesington or Wellingley. God knows how they came up with these names. Morgan Growth my foot.
Will DCA in Wellington as I harvest capital gains for the rest of the year…
Charts always look good in a "bull market". This has been a bull market for bonds.
Regarding PIMCO Short Asset, the bigger endorsement I feel is Gross does not manage the fund yet says that's where he is parking his cash. I wouldn't have thought it …
Reply to @catch22: Thanks much. I still need to find out why this fella wants to invest only with PIMCO. I was looking at their website and couldn't find anyway to purchase D class shares. Sounds like something fishy going on.
Dang! Thank you for the insight. I'm going to research Vanguard Wellington. As I'm getting older, balder, but not necessarily wiser, I need all the help I can get from this board.
Okay so bottom line, which is the better fund? Needless to say M* thinks II is better than original. However, I think we all know how Yours Truly feels about what M* thinks.
I would really appreciate comment from any who hold either/both funds. Tha…
Is anyone listening to me? :-P
AQR N class shares can be bought for $100 at Scottrade. I didn't try with that low amount but that's what it says on the fund page.
I think with Fido, Vanguard, TRP, etc. you have to ACCEPT your entire portfolio will be with them. From that perspective they stack up very well. When we do this we are trusting the investment house as a whole and their "way of thinking" translates …
People don't stop investing until the bubble breaks. Then they only start "DCAing" instead of investing lumpsum. Then finally they give up. Will take 1 - 2 years more.
Reply to @fundalarm: Well I don't think I can do what Rob Arnott and El Erian can do, so I guess I have to pay. If these guys are not earning their money, I don't know which FoF manager is.
The argument is not about to FoF or not to FoF. It is abou…
IMHO the only reason to buy a fund of funds is when the fund has some purpose or there is something unique about it. Else you can just buy Target fund from TRP or Vanguard which is what your Integrity fund is holding. It is less about Integrity of …
It's not an ETF for sure. I'm guessing from all the replies it is something packaged for 401ks. Maybe someday they will open it up for retail investors sorta like TRP did with PRAFX.
I'm not sure if "real assets" means actually buy underlying asset…
I own FMIJX. And FMIHX. FMIMX is closed but have it in my IRA. Have been contemplating purchasing FMIOX on pullback that never happened really.
Also own FMIRX - now PROVX. Thinking of eliminating from portfolio if Prov Trust does not get back to me…
I've started taking some profits solely for tax management purposes. I still have outstanding losses on the books and am trying to whittle them down. I'm rolling the money over to funds I expect to hold long term. As I have expressed multiple times …
I maintain what I said when ARTHX opened. It's sole purpose was to deflect attention from poor relative performance of ARTIX. Just like OAKWX was to do likewise for OAKLX.
Now, managers of Artisan are nicely split into two camps - Growth and Value.…
Actually I'm glad I didn't send Mr. Snowball a message. My research tells me Mr. Smead just made a case - assuming it is valid - for buying Vanguard Large Cap Index. I don't see any reason to buy SMVLX. He seems to be just playing boom/bust.
Mr. Snowball, request profile of this fund. Significant manager ownership a plus in my book, always.
One thing I don't understand though. How it got 5-stars. Chart does not imply that all compared to benchmark.
Sticking to ARIVX. Thank you.
As an aside, I worry WSCVX will go the way of CGMFX some day. Also I think just like Heebner, Walthausen is like 70+? Don't mean to sound morose but I'm planning to hold fund for 20 years after doing all my due diligen…
I have been toying with buying a commodity fund for the longest time. Was thinking of buying PCRDX. I'm going to take a closer at ARCNX. It's really nice it is possible to buy at Scottrade for low amount.
