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.
Make sure to fund your Roth annually while working (as noted by Bee). If you are going to give money to (lucky) relatives you can bequeath the Roth IRA to them and their withdrawals will be tax free; they will have to pay taxes on Traditional IRA di…
Your funds kick off goodly amounts of income, some of it with leverage. It will be taxed at regular income rates as you probably already know. PCI can still be had at a discount. I am also looking into NJ municipal closed end funds. (NJ resident) G…
I always ask the same question. How much should someone invest in Asian Fixed Income? Say that someone is a 50yo with a 50/50 stock/ bond ratio. Say they are 20-25 in foreign stocks. Say they have above average risk tolerance. Just a ballpark guess …
How could DFA ETFs not include a small cap value etf? Those two factors are the basis of EVERYTHING associated with DFA. They are going to have to make the etfs relatively
expensive or they will have a revolt from the advisers who use the mutual fu…
Very important topic and money weaves in and throughout care. Numerous studies have shown that ALL physicians, including Oncologists are very poor at prognosis towards the end of life. My tongue-in-cheek translation of what actually happens vs what…
I just found out something awesome about Seafarer. If you open an automated investment plan with the mutual fund site directly you can buy into the institutional shares without the 100k minimum. That is amazing. I don't know of ANY mf companies that…
TB, good to see you on MFO. My subs to Independent Investors just ran out but ala' DW I am increasing my positions in Healthcare over time. Regards, Mike
RJB,
You raise a good point. There are some ways to get in. Scott Burns at Asset builder is one way. I think he charges 50 basis pts for 50k accounts. Flat fees portfolio charges 200 dollars-ish/month for the smaller accounts. I guess part of taking…
My mom had RJF for over 400k of her IRA. Honestly, the broker/dearler/advisor never had a idea that I could not have come up with on my own. He also charged at least 1.25% per annum. That on top of the ER for the funds. They did have some load waive…
Ask all these guys the same question. How much of THEIR fund would they have in a an asset allocation for at 40-50yo or 70yo with a 60/40 stock bond AA. Ask how much is to much? How much do THEY have in their fund relative to their net worth? Thanks.
On FB I asked Counseulo how much EM (equity/fixed income) Teresa Kong would allocate to a 60/40 portfolio. Ms. Mack replied, "We will see."
Peter Marber was also on Chuck Jaffe's Money Show recently. Mr. Marber suggested EM bonds to re-allocate fro…
To clarify:Per M*;
Broadview Opportunity, formerly FMI Focus, got a new moniker to reflect a change in advisor. At the end of November, Broadview Advisors brought the fund in-house after managing it as a subadvisor under the Fiduciary Management In…
Precious metals should be poised for a rally. Will not be buying but my Mom's advisor has her in GLD. Will sell if it ever has a decent day...way underwater now.
Reply to @PRESSmUP: I hope you are right. My EM bonds are either flat or at a loss for the year. Still going to keep my AA to high yield and EM bonds at 10%. Need to start building a EM equity position but am chicken. Plenty of multinationals in the…
Most all of EM equity went nowhere or down for a large part of the year, right? It seems that sfgix returns are inline with other funds of that style. VXF is up 30something % so that seems fairly non-correlated. If the ER was lower I would buy it b…
FMLSX has been profiled favorably by MFO if I am not mistaken. I would love to have a 10% position in my equity sleeve. 1.25 or1.27 ER after a waiver is a not bad fee in this group.
He probably want the option to go to all cash if need be. When interest rates rise, Fed tapering stops etc the convulsions in the stock/bond market will be something to behold.
American funds CAIBX and CWGFX are world allocation and essentially world equity income. Load funds to be sure but below avg E.R and in line performance. In general...why are all the good world allocation funds load? First Eagle's world allo fund ha…
