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Thanks.
I noted the following sections below:
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Model Portfolio Changes
We’re dropping commodities from our investment models.
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We are dropping our exposure to commodities as an alternative asset class based on three factors: (1) It has bec…
If you listen to Chuck's Money Life podcast, he is not actually recommending bear market funds and he does not have bear market funds in his portfolio. He complained that editors shortened his title and gave the impression that he was recommending t…
CIPSX is my oldest position on record.
I've consolidated my older 401k accounts in 2011 and so the earlier record is lost. But I brought FDGRX and FLPSX from 401k to IRA which I had invested in prior to first investment in CIPSX.
After those MAP…
Reply to @Art: I use Fidelity and my self directed IRA is at JP Morgan.
I did not check availability of this fund.
Update: it is available at JPM but with transaction fee.
Can you explain what you mean by extended slide?
At low enough values I would like to invest in funds that has attractive valuations and hold companies that has durable business. When the prices are low there is more upside even if it looks terribl…
He had nice blog. However his performance was mediocre. In particular the ETF was not very successful.
If I were to pay, I would pay Bespoke or CXO Advisory instead.
@HiYield007 You were asking for the Fidelity internal Floating Rate fund. It looks like the manager of internal fund FFHCX is now taking over the public fund FFRHX management.
Still FFRHX will be run more conservatively than the internal use fund. …
Reply to @BobC: He mentioned large cap. WAIOX is mostly small/mid cap fund. I did not check other funds. Maybe they might have large allocation to small/mid caps as well.
Reply to @msf: This is one fund managers like to get EM exposure through multinational companies. They are not alone in this quest. OAKIX has almost 0% in emerging markets as well.
If you want EM you probably should get exposure though specialized …
Reply to @kevindow: what is the point of investing in them if your fund is organized as c-corp and paying pretty heft corporate taxes and eating up a huge part of the returns even if you hold it in an IRA. So, there is double taxation issue as well.…
M* provides 15 year annualized return for funds that has that much history. Enter the ticker and go to Performance tab.
For example, for 15 years here are the annualized (geometric) total return for some funds:
VWELX 6.93%
VWINX 7.06%
VBINX 5.50%…
Reply to @msf: Thanks for linking the actual paper. I thought more people would be interested in the deposit insurance and its history given the Cyprus situation.
I will second FMIJX, it is a relatively new fund from a shop that rarely offer new funds. This one was launched on 12/10, 9 years after the previous one. There is an experienced management team at the helm. The ER=1% is actually pretty good among ma…
I don't think you can tell if the problem was the host/blade or there was a network problem on any hop between your host and the monitoring service. Try to narrow it at least by monitoring the hosting company edge router and a couple hops downstream.
Reply to @BobC: I think index and most emerging market funds are dominated by BRIC countries. Several members of the BRIC is doing terribly recently. Those others that has flexibility and used those to their advantage has done well. There are not ma…
Reply to @hank: Until the service is gone there is no value associated with government services. So, yes, smaller airports are losing a control tower. I hear nearby Georgetown airport will also lose its tower operations and will have to rely on air …
Reply to @Hogan: I think Roth accounts are not particular to one party or even income group. The main issue for politicians is reelection. So, they will be hesitant to piss off such diverse community. Also, since finance industry feed these politica…
I don't think taxing Roth idea would have a high chance of succeeding. The political outrage would stop any politician. Besides financial industry has vested interest in keeping the status quo and they have strong lobby power.
Now, they may choose …
Ron DeLegge is the host of Index Investing Show.
His show was about index mutual funds and etfs but he is nowadays an interested party in the ETF industry and peddle etf products. ETF management companies advertise on his show and he is also assoc…
Well, the baby boomers may be retiring and downsizing but their children and their grandchildren are still buying houses. In fact, as long as the population growth is positive there will be increasing demand. Maybe not as much as it used to be but i…
Reply to @msf: there may be a difference as you buy a mutual fund I think your shares are kept by the custodian under your name instead of street name (brokerage). It is different for ETFs, individual stocks etc. Than again it might be different bet…
Are you wondering about SIPC insurance for your brokerage account that holds mutual funds or are you concerned about non-mutual fund holdings in a brokerage account?
The drama is not over yet...
Cyprus lawmakers reject bank tax; bailout in disarray
http://www.reuters.com/article/2013/03/19/us-cyprus-parliament-idUSBRE92G03I20130319
Reply to @WallStreetRanter: I am interested in false negative and positive as if the false readings are common and/or persistent for a long time, it will not help me with decision process.
Reply to @Anna:
Another factoid that may or may not be known is that Cyprus is divided between two communities. The south is the Greek Cypriot and the North is Turkish Cypriot. The island has been divided since 1970s though only the south (Greek si…
