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.
Reply to @Sven: I don't think these new revelations on the paper will make any difference on Political Economics. They are rather selective in making for political decisions for us anyway. So, new facts does not matter...
On paper they are oversold. But with gold prices declining towards $1300, a lot of gold mining companies will have difficulty turning profits. These are highly leveraged operations (high debt) so they might not be as cheap as they were once perceive…
Reply to @Old_Joe: This sums it all:
" Taken together, the authors of the new paper reckon that average post-war growth above the 90% threshold ought to have been reported at 2.2% rather than -0.1% (see chart)."
This is a big error...
Reply to @bee: Sure, I have my mistakes. I certainly did not expect to have interest rates to continue to go down and long bonds appreciate further. You took a big risk and won until now.
The reason I said You should look for better funds is that P…
Reply to @scott: I have a 1GB plan. If you can defer downloading music/podcast and especially videos to times when you have wifi connection, set your mail check to manual you can live pretty comfortably. I got wifi at home and work, and a lot of bus…
Reply to @Charles: I don't think reducing the expenses on cash portion to 0 would help either. Instead of cash it would lead the manager to buy something that is relatively benign to get the management fees.
I really want my manager do his/her best…
I look at most long funds that has some sort if shorting going on and find them not compelling enough to purchases.
A long only manager has a difficult job already and a long short manager has even more difficult job. You have to be twice right and…
Apple sub $400 is a great price. I said that at $450 but the deal is getting even sweeter. Still a ton of cash in books. If you back out that cash the P/E is extremely low. When downside market momentum reverses it is time to load up. You can do so …
This past week I bought tiny amounts of GLRBX, PONDX and VVPSX as a result of 401k contribution prior Friday.
As a result of portfolio changes and my contribution GLRBX is now 10.68% of my portfolio (largest position)
The portfolio is 69% equity …
Reply to @MaxBialystock: I don't think Emerging Markets will do well when Europe is in recession and US is slowing.... Emerging markets need to sell their goodies to the developed world as their market does not have internal consumer spending that i…
Reply to @mrc70: Yes but those mid-caps are larger cap mid-caps. The average market cap of holdings is now $13.5B, twice the category average. In my book above $10B is considered large cap. But you can consider it as multi-cap fund itself if that is…
Thanks for the update. I have invested in this fund for a short while but I was having too many funds in my portfolio and after some thinking I have concentrated my pure large cap equity exposure to mostly to YAFFX and AKREX for now. But RWGFX is st…
Reply to @Charles:
Well, I meant to keep this thread to Small Caps but since you started...
PRAFX down 4.32%
Remaining Hussman investors should be happy today if they do not mind the past couple of years!
HSGFX up 0.67%.
HSIEX up 0.31%
WHOSX u…
Here is a pretty good analysis of S&P 500.
http://fundamentalis.com/?p=1548
Also, there is a discussion here as well.
http://oldprof.typepad.com/a_dash_of_insight/2013/04/weighing-the-week-ahead-a-critical-eye-on-earnings.html
Reply to @hank: as gold moves lower more and more people that are utilizing margin in their account will get margin call. Some will have some of their gold liquidated to come up with more cash. But, I think some will hold on to gold and will try to …
The fund rebalances pretty mechanically. At the end of the month whichever asset class has higher holding than its target would be sold. That worked well in the past but manager has shortened the duration of treasuries recently so the move in gold s…
Thanks David. Apart from one extended outage last week, I did not see any major issue since then. In fact, I feel the site responds a bit faster recently,
I have invested a very small amount in VVPSX recently (with part of sales from ARIVX) and intend to build a larger position over time. So far so good.
ER is reasonable (1.25% with expense waiver) and risk return profile looks very good. Asset leve…
Mr. Ziegler at age 47 has 93% equity allocation.i believe that is very aggressive
Come next crash he will lose a big chunk and will have even less time to catch up to accumulate enough retirement funds.
Reply to @Mark: Thanks. I actually want to do such useful tools but don't have much time left after regular job and family.
I spent much of my time today waiting around tennis courts while my son play. We will go back again in an hour. I need to s…
I invested in MFCFX a small amount when it's expense ratio was 0.75% I also had invested in SGROX but sold after it closed as I had FDGRX and AKREX. I suggest you use AKREX in place of MFCFX.
Reply to @bee: I think these are the assets managed and owned by insurance companies and pensions as opposed to individuals. These assets are used by insurance companies to pay the insurance policy holders, pensions/annuities etc.
Reply to @MikeM: Technically I have not dumped the fund yet. Well, at least not fully. I took got my initial investment and some profit out. I've got less than 1% of my portfolio in several accounts still. :)
Reply to @Mark: Sorry Mark. I did not want to offend you.
The best the tool could offer matching funds would be for pure index mutual funds. Next best would be long only funds that stick to a particular asset class and style.
I am not sure how useful that fund is for flexible mandate funds...
I looked up FLPSX, FRIFX and GLRBX and was not excited with the offered ETF matches...
A more useful tool would decompose the actual allocation of current fund like M* X-Ray does …
Reply to @AndyJ: From Austin, TX, I was unable to reach the sure around 5:00pm local. I use Time Warner cable. But it was also so on my AT&T iPhone. The site was slow prior to this.
When I did trace route there was a lot of packet loss at clos…
Well, the recommendation depends on the time frame and the ability to postpone access to investment if the value is depressed. In your have to have the money available no less than original investment at a moments notice, you will have to invest in …
