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.
The Automatic Investment program allows purchasing additional shares for $5 at Fidelity.
IIRC, this can be setup to make a single purchase.
Automatic Investment is listed in GLFIX Transaction Fee footnotes (click Additional Important Information).
I…
I don't use hedging or shorting.
Many corresponding "alt" funds are expensive to own and they often don't perform well over longer time periods.
Having said that, I've noticed JHQAX (several others mentioned it) a while ago.
This fund seems to offer…
OJ, I want to note that FD has run some of the most popular threads, on several different forums over the years. He developed a large following from bond oef investors, with his monthly threads on Bond OEFs. He offered some detailed charts of bo…
May have to buy some of this GQHIX eventually. Continues to perform well within my risk toerance since inception. 2023 struggling. TDA/Schwab merger.....Schwab carries this at reasonable min.
Question: Anyone know the ticker of the Vontobel EM …
The Week in Charts (07/16/23)
A tour of the markets covering the most important charts & themes, including the persistent decline in inflation, active managers getting bullish again, the manufacturing construction boom, the mortgage predicament…
Isn't it amazing how much negative impact one or two individuals can have?
On another popular investment forum several years ago, one person's demeanor was abhorrent.
This person's actions resulted in the ultimate departure of multiple, knowledgeabl…
Recent FMIMX performance relative to the M* Mid-Cap Blend category has been very good.
For periods ending 06/30/2023:
YTD: 13.6% (top 10%)
1 Yr: 26.0% (top 3%)
3 Yr: 21.0% (top 1%)
"Color me skeptical (cynical?), but I suspect the real objective was not so much to expand the number of funds 'analyzed' as it was to decrease the number of funds intelligently analyzed (i.e. by real, human analysts)."
"Before M* introduced Q rati…
I would avoid all Matthews Asia funds in the near-term (possibly long-term).
There has been an exodus of talent at the firm over the past few years.
https://www.mutualfundobserver.com/discuss/discussion/comment/152046
https://www.mutualfundobserve…
[snip]
”The automated essays "analyzing" those funds where the "Q" is used is utterly comical.”
Yes - They sound computer written. There’s an uncomfortable “sameness” to the composition. They seem to rely a lot on total years of experience of a fun…
@hank,
You may want to check if your local library system offers online access to Proquest.
Library patrons should be able to access Barron's via Proquest.
Good story.
It appears FOMO may have influenced several of the profiled investors.
I was surprised by the number of Vanguard investors over age 74 who had nearly all their money in stocks.
"In taxable brokerage accounts at Vanguard, one-fifth of in…
ARDBX holds a lot of promise.
Artisan funds tend to perform well compared to their respective categories.
Both co-portfolio managers have extensive experience and were previously analysts
for the Artisan International Value and Global Value strateg…
Excerpted from M* Q2 2023 fixed income retrospective.
"It was a mixed second quarter for bond fund investors. Funds sensitive to interest rates, like long government and intermediate core bonds, were once again beaten down. These funds, which inves…
[snip]
I can't speak to all of these points off the top of my head, but I have never been limited to four funds in the free backtest tool. I was just looking at six today for my oldest child's new Roth IRA.
But I think all of those things, except …
[snip]
I don't know of another portfolio manager that combines industry sector, allocations, country region and stock intersection.
I have looked around several times but don't find anything else as comprehensive. The brokerages will give u asset …
@yogibearbull,
I reached out to M* Library Services with a question regarding adding individual TIPS to Portfolio X-Ray.
They said this wasn't possible (no surprise) so I informed them I would just use a TIPS fund as a proxy.
This was their reply …
[snip]
I also recall the sensitive masked Ted Cruz and entourage being caught by a camera as they sought to flee Covid by traveling to Mexico.
[snip]
Ted Cruz just wanted to be a good dad for his daughters!
This had absolutely nothing to do with th…
The largest chunk by far of our investments have been in TRAIX/PRWCX for the past ~16-17 years, so the recent move to reduce some of those holdings was a bit difficult because of the emotional attachment as well as the FOMO on future equity gains. W…
Short-term redemption fees are preferable over higher expense ratios.
GoodHaven is a concentrated fund (24 holdings, 65% in top 10) with low turnover.
Excessive redemptions can be very detrimental to this fund's strategy.
If an investor is unwilling…
"One of Grandeur Peak's most distinguishing features and strengths is that our team structure enables us to utilize our entire research team to manage each of our portfolios. This allows us to fully leverage our 'multiple minds' investment philosoph…
Yeah, small-cap funds tend to be more volatile.
VTMSX is my only dedicated small-cap fund.
I ran Portfolio X-Ray for the period ending June 30 earlier today.
VTMSX constitutes 7.7% of my portfolio.
Old Ted mentioned that he'd not worry about the per…
Yeah, small-cap funds tend to be more volatile.
VTMSX is my only dedicated small-cap fund.
I ran Portfolio X-Ray for the period ending June 30 earlier today.
VTMSX constitutes 7.7% of my portfolio.
I stumbled across an informative article today discussing Markowitz's contributions to investment theory.
"Markowitz agreed with Williams’s approach to valuing individual investments. It was far better than the old prudent man approach. But Markowi…
[snip]
I think you are aware that Fido also has the practice of looking through ALL your m-mkt holdings, taking as much as needed from the core/settlement m-mkt, and the rest automatically from the rest of m-mkt funds held.
[snip]
@yogibearbull,
T…
Hold individual TIPS to maturity to keep up with inflation. Try 5-yr TIPS.
[snip]
I recently purchased individual TIPS for the first time.
Bought a sizable amount (for me) of the 5-year TIPS at the latest auction.
Plan to hold these TIPS (1.832% …
I think that any discussion of the worth of an investment in TIPS should clearly distinguish between TIPS funds, ETFs and a TIPS bond. Big difference.
You are absolutely correct.
I should have done this in my prior post.
TIPS should perform well during periods where inflation is higher than expected.
Breakeven rates can be used to compare TIPS to nominal Treasuries of the same term.
There was a 5-year TIPS auction on 06/22/2023.
From David Enna on Tipswatch.com:
"A…
I agree with @yogibearbull.
I briefly used a financial account aggregator as a test several years ago.
It was nice to consolidate all my accounts in a "single pane of glass."
While I liked this feature, the increased risk wasn't worth it.
All my acc…
The number of publicly listed companies peaked at over 8,000 in 1996
(according to several reports) but has fallen precipitously since then.
The decision by many companies to remain private influenced this decline.
It seems kind of crazy there were…
