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 @AndyJ: Well, Yahoo has its problems. The other day someone posted that now Yahoo has updated the yearly return information from 2010 just now...
Reply to @AndyJ: Yes, I agree. It is sort of Enhanced Balanced fund with exposure to International equities, commodities, gold etc. But, he is blurring the waters by calling it a Risk parity fund.
Then there is no backtesting of this portfolio vs a…
Interesting article...
Ironically, a lot of these alternative products, especially the ones for retail investor came after such big run-ups and most recent investors in these assets have been generally disappointed. They are marketed that when mark…
Dogs of Dow is a 'value' strategy in drag. Buy a good value leaning fund.
If you really want to buy Dogs of Dow strategy, do not pay for an actively managed fund with high fees as manager does not do much. In particular do not pay load.
Reply to @joe74: It is nice rounds numbers but arbitrary in the end. It could as well be 25, 75. The number of days RSI is computed is also arbitrary. Statistical calculations to fit past data....
Portfolio the author constructed using 4 funds and cash does not look really like a risk parity portfolio. The author did not offer any basis for the percentage allocation to justify this portfolio as a risk parity portfolio other than naming it as …
Reply to @joe74: While GPGOX and GPIOX are young, managers have also track record at similar former funds at Wasatch. WAGOX and WAIOX. The fund tickers are even similar..
They usually do that for new young funds. The fee charged become fund assets so it is not a load or commission.
They may charge fee probably to limit initial inflow of the fund and also reduce the impact of trading costs associated with acquiring s…
I believe this is probably a good thing for JCP. Johnson was successful at Apple Stores but his experience over there did not translate well.
They are bringing back an extremely experienced Retail business CEO.
Don't judge the stock performance by…
I think he is wrong on #6. Funds that issue daily dividends segregate the dividends/interest and pay out at the end of month (or if you sell before the end of the month, the portion accumulated so far when you sell). So, they do not go down when div…
If you are going to hire an advisor, I would look for one that is fee-only (not fee-based which is double dipping with fees from you and commissions from products) and will provide in written they are Fiduciary to you.
Another alternative is to use…
Bill Gross's April commentary is actually interesting this time. He stars by asking "Am I a great investor?"
http://www.pimco.com/EN/Insights/Pages/A-Man-In-The-Mirror.aspx
I like this site and I think I introduced articles from this site to MFO. This is not a mutual fund site...
There are sections that goes over Modern Monetary Theory. I think those sections are very useful in understanding how the modern monetary sy…
He has performed great over the past 15 years.
http://performance.morningstar.com/fund/performance-return.action?t=FLPSX
Fund has 881 holdings but annual turnover is 19%. P/E, P/B, P/S, P/CF are all lower than category average.
All cap portfolio…
Reply to @Ted: I use Firefox all the time. No problem. Really the problems you are seeing with Firefox seems to be unique to your computer. Perhaps you have a toolbar or plugin installed, redirecting your interaction with this site through a 3rd par…
Reply to @Hiyield007:
WHIYX is not available at Fidelity as NTF. It is available NTF at JP Morgan which I have access to via my 401k brokerage option but SUBFX is held at my Fidelity IRA and I need to buy something available through Fidelity.
In …
I am going to sell SUBFX and buy MWHYX. I bought SUBFX as a trading position last December. SUBFX has lost momentum recently. Meanwhile MWHYX seems to have good momentum.
I am also selling ARTRX. I had mentioned this before. I was intending to trad…
Did you notice that one of the bigger laggards is Alpine Dynamic Dividend Fund (ADVDX). This used to be a Retail class fund and it was actually heavily discussed in the old FundAlarm board. A large number of people were invested in it.
Oh, yes anot…
Reply to @scott:
People tend do the easy things...
Weight loss is difficult. It requires to be disciplined over a longer term. Few people are actually successful.
Buying on the face of big market declines is extremely difficult. Even professiona…
Reply to @MaxBialystock: they have updated portfolio manager recently and things got worse. Now portfolio allocator tool does not work. But it is not a matter of people power. Most likely this is automated system. Something is wrong with their datab…
Such page distortions are typically due to browser not receiving the full page data and TCP connection is closed prematurely. Depending on the amount of info received browser tries to decode incomplete HTML code and the result is often less than des…
Reply to @perpetual_Bull:
Could you please hit Edit link available on your opening post and edit out the extra bunch of lines at the end of your post and save it again? Thanks.
Reply to @David_Snowball:
Thanks for your reply.
Thanks for your insight on buildings. I am glad that the situation is not pointing to higher tuition due to construction for Augustana. It is a break from the general trend.
ARIVX may be hot again…
Reply to @Charles:
Ummm, you can't spend risk adjusted returns. :)
Thanks for using the same time frame. I should have been paying more attention.
COBYX has been a very good fund with nominal returns but their success is really year 2011. Can th…
Comments to @David_Snowball
Hi David,
There was a lot in April commentary... I did scan a bit and later re-read in detail and did a bit of research for this post. I have a few remarks regarding April commentary:
Opening comments:
1) Real estate …
Reply to @scott: Normal or not... He is not really a forecasting guy. When he mentions "It could ...", he wants our ducks (portfolio) allocation to be ready for such possibilities and don't freak out when it happens. I am personally sure, I'll go th…
IE 10 has compatibility issues with sites that test for browser version as opposed to browser capabilities via DOM. My wife had already gone through this with a site that presented sort of an HTML editor for composing articles but not when on IE 10.…
He is saying that these 50% declines are normal and part of investing life. He is advising that people should be mentally prepared...
I do not see it is uncharacteristic of what Bogle has said in the past.
"Why it doesn't bother me is if you hang …
Pretty interesting... I did not know Google analytics tracked International Space Station residents.
Well, popularity of MFO is out of this world now...
Now, having said that I think they are doing this by isolating the IP block. It could be that …
Reply to @PRESSmUP:
You may not need to rollover your 401k after retirement if you like the choices. Many employers allow you to leave your assets behind. However, IRA is likely to give you more choices unless your 401k plan has a self directed br…
Reply to @scott: REIT is said to be fully valued or overvalued sector by some.
I do have sector exposure via conservative fund FRIFX, some stocks, some bonds, convertibles etc. It's an eclectic mix.
Reply to @Art: Market leadership strategy is basically a momentum following strategy. If the market has no momentum, or there is frequent change of leadership you get whipsawed. Be careful with generating too frequent trades with mutual funds. They …
