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.
I just wish Toyota would make a reasonable, normal, small or mid hybrid, and sell it in the U.S.
They've been making one since 1997. It's called the Prius.
Thanks for the smartass comment. Of course I meant a pickup - that's the subject of the a…
I just wish Toyota would make a reasonable, normal, small or mid hybrid, and sell it in the U.S.
They've been making one since 1997. It's called the Prius.
Or do you mean a hybrid truck, in which case Toyota has been developing one for a while call…
Added a big slug to PRBLX in my Roth IRA now that CGs are paid out for the year.
Nicely timed. Nice price too.
If anyone is interested in buying the AMG Yacktman funds with a similar strategy note that they are paying capital gains 10-14 days ear…
Good heavens, Skeet. That is the most whimsically elaborate mechanism to achieve a relatively simple objective I have ever seen. How on Earth do you keep track of it all?
Still, I love your style and wish you all the very best!
Here's something a little different!
Capital One is offering a cash bonus of $200 on their new 360 Performance Savings Account. Deposit $10,000 within 10 days of account opening and you will receive a $200 cash bonus into your account after 90 days…
@Simon ah yes forgot about that.... excellent suggestion. I'll also email him. Another fund thats looking great.in risk adjusted terms0 over the last 7 years is FAMEX. David wrote up an analysis of them several.years ago. I was going to see if h…
Mike - Dr. Snowball mentioned in a fairly recent monthly commentary that if two or more people were interested in a particular fund he would do a write up of it. As he often contacts the firm and fund manager directly it may be a worthwhile endeavor…
@simon looks like a very interesting fund and still small in AUM. Do you know if anyone on the board has done an analysis of it? Looks like one I should further research. Thanks for posting this @Ted
Mike - you can check the fund's risk profile …
TGUSX is institutional and TGUNX is retail, despite the same minimums. Still, a 1% ER for what appears to be a very promising fund with an 87% active share - and an MFO Great Owl - isn't too rich considering some of the competition's fees. I'm a gre…
It's an excellent article, but I could never bring myself to invest a single penny in LEXCX. It has one of the worst ESG ratings I have yet to see. It should be renamed Voya Corporate Polluters. A true dinosaur of a fund whose relevance in the moder…
Thanks Ted. The third British general election in four years (!!!) is now underway. I think the Conservatives will win again, but they may have to form an alliance with Nigel Farage's Brexit Party to gain overall control and finally push through Bre…
Is there a work-around for finding the compare fund performances feature?
Try clicking on 'Chart' and enter the fund(s) you want to compare your fund to. Does that help?
Good luck, null!
I was a subscriber for a few years after the financial crash and agree that the changes are lamentable. When looking for new funds to buy the 'Purchase' tab was so helpful viewing the different share classes and expenses etc.
Dryflower, is this wha…
D.F. Dent
Father and son work together here. Daniel F. Dent runs the Premier Growth fund (DFDPX) with his son Matthew. Both have over $1m invested. Matthew also co-manages the Midcap Growth Fund (DFDMX) again with over a million of his own money in…
Thanks for clarifying, msf. It's all a bit quirky with I Bonds, the fixed and variable combination depending on your time of purchase. So am I right in thinking that if you buy a bond before Oct 31 you will lock in the 0.5% fixed rate but not start …
Heard it all before...countless times. All baloney.
I think the best 100% guaranteed investment right now is I Bonds, paying 2.5% from next month. You are guaranteed to earn 0.5% above the rate of inflation if you buy before Oct 31. So when the doo…
I'm looking to buy DFDMX for my Roth IRA on the next reasonable dip. I'm very impresssed by its risk adjusted performance and the management's philosophy. I am amazed it's still such a tiny fund ($170m), especially following three years of outstandi…
Absolutely not. I'm 100% all in stocks (via mutual funds). This bull has another 15 years to run fueled by demographics and technology. Of course, there will be corrections along the way, some of them steep, which the doomsters will proclaim (as alw…
Ron - two muni funds from Invesco Oppenheimer which have been much discussed are OPTAX and ORNAX. Both have strong historical records. However, the expense ratios are high and they both have loads (sometimes waived depending on your brokerage).
Her…
3021 to 2822 (a 6% range) is hardly "head-spinning".
Wild swings...do me a favor.
2008 was genuinely "head-spinning", I'm sure all will agree. There is absolutely no comparison to today.
Honestly, I am becoming increasingly fed up of all the hype…
Just my two cents worth, but I would put all $10,000 into stocks because I believe this secular bull market has years and years left to run. The market has been base-building since August in preparation for much higher levels to come. A good, low co…
Load is waived at Fido now. No transaction fee either. May have a dabble with some spare cash, but have bonds run their course? (Just thinking out loud.)
https://fundresearch.fidelity.com/mutual-funds/summary/00141W505
To answer the question, I finally lost patience with POGRX and sold out a few weeks ago. Normally I'm a patient guy when it comes to investing but recent underperformance coupled with well above average risk made my mind up. Surprisingly, Morningsta…
I agree with Jeff Saut that this bull market has years, perhaps a decade or more, to run. So in August I bought more MFs for the long term. I also advised my wife to double her 401K and IRA contributions. We are 15 and 20 years away from retirement …
I might have to switch to bourbon. They call the Trumpster a "populist?" What a buncha shit. Anyway, he'll soon be eating crowo, and drinking crow piss, himself. Tong of criminals around him, and he's the lead vocalist/tweeter.
Totally agree. Some …
Thanks for the barometer report, Old Skeet. It's a very useful confirmatory tool. It seems neither the bulls nor the bears are able to make much headway at the moment.
Waiting for a 2-3% correction (probably next month) to add to PRDGX, BIAWX, and …
@Simon, how does using indexes as a contrarian indicator work? If most managed funds mimic or can't beat an index, why is that a buy signal for managed funds?
Now that passive stock fund assets have exceeded active for first time it is anecdotal evi…
So what happens when almost everybody buys the index and the index winds up tracking the 17 or so "people" who still are buying the individual stocks?
I use it as a contrarian indicator to increase my weighting in actively managed funds. In fact, I …
I was thinking you were going to say T Rowe Price. They are great!
I second that! I'm surprised it wasn't TRP, to be honest. You won't find a more comprehensive range of funds so well managed at such low fees and available at such minimums. There a…
Many thanks Ted, I appreciate your reply. I've certainly noticed the higher expense ratios, by the way!
Still curious why they are called "Advisor" funds if they are open to the retail investor on a direct basis. It suggests to me they are availabl…
Closed out of growth POGRX in my Roth on yesterday's nice Nasdaq spike.
Ah, what a shame. It's been a sterling performer in my portfolio for the last decade. I'm willing to overlook short term underperformance for the bigger picture. At least for n…
It's now thought the 1000 point rise was mostly due to pension funds rebalancing their portfolios before year end, ie: selling bonds and buying stocks. That makes sense to me.
Back in October a few here expressed surprise when I said we had entered…
when is the bottom? Dows at 16k next few months? or ~ 6.5K in 2008?
I think today could have been the bottom. Plenty of positive divergence on the charts, but I would wait until it actually turns up for confirmation.
Can't you take the winnings as a type of annuity over 30 years as with the Powerball? I think in most states that's the most tax efficient way of receiving lottery winnings. I'd happily settle for a pre-tax income of $33.3 million a year.