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 @scott: About Gartman. I have not listened to him recently. But he often makes comments on Gold that he owns gold in Euro or Dollar etc.
I find this amusing because you can have 1 oz. gold sell it in Eurozone, get euros and turn around an…
I am not sure how different "Grandeur Peak Global Reach" is going to be from "Grandeur Peak Global Opportunities" (except expenses).
"Grandeur Peak Emerging Markets Opportunities Fund" is likely to be a direct competitor to Wasatch one (but looks l…
Article is useful but you did not need to paste full article. This particular one and other newsletters from Ron Rowland are all here: http://investwithanedge.com/newsletter-archives
I would keep the portfolio for such a person that is not going to be involved in management day to day as simple as possible.
Consider splitting the money in a couple of balanced and conservative allocation type of funds.
My wife recently bought a pair of Brooks and she likes the comfort it provides. It looks good and looks like it is a popular brand among runners. As for durability, I don't know but nothing is done very durable these days. It will probably have comp…
Ted, it was as simple as returning to your original thread, hit "Edit" link and change the category and click "Save" button instead of starting new thread. 4 Clicks in total.
Staying in that 15% will probably mean you will have to have a very frugal and minimalistic life unless you are drawing most of your income something like Roth IRA.
Reply to @Charles: It looks like unlike the other funds this one will invest in smaller markets, countries and probably relatively illiquid assets. There is an liquidity premium in such stocks but in bad times comes the carnage.
Reply to @shalu: Sorry, I must have seen wrong. You are right. But, I think the movements is not about interest rate changes (yet) but more got to the with the mix of bonds the portfolio has.
Reply to @Charles: I really want to see how the manager manages the fund during some market declines. We do not have enough data about that yet, only the manager claim that he will manage it. So far, high return could be due to higher beta exposure.…
Reply to @Kaspa: It is in registration phase. ARTWX. see: http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/5221/artisan-global-small-cap-fund-artwx-and-the-changes-in-arthx/p1
Reply to @Skeeter: The 1, 3, 5 etc. returns probably looked a lot different on March 9, 2009. Did you know it was going to do better or did you have expectation that it will continue to sink faster. It is only clear in retrospect what I should have …
I have have been reading some blogs and articles on this subject. Loss aversion at the fund level is translating to seeking alpha at the expense of beta. In a trending up market, returns attributable to alpha lags returns attributable to beta and mu…
YMLI Adds Layer of Taxation to MLP Ownership
http://investwithanedge.com/ymli-adds-layer-of-taxation-to-mlp-ownership
Apparently, there is no hard rule what qualifies of ETF: A C-Corp like YMLI can call itself an ETF.
http://investwithanedge.com…
Reply to @Skeeter: ALERX is also a mutual fund that pays corporate taxes at the fund level. That is how they are solving the issues and you will be double taxed when you sell in taxable or when you take distribution from IRA. Not a good idea. Buy in…
Don't buy MLP ETF. They are not even ETF technically. They are C-corp's which returns get taxed at 35% corporate level first (even if holding is in your IRA) and taxed again when you sell at personal level. For IRA holdings this second taxing occurs…
Reply to @NumbersGal: BJBHX was one of the funds that I invested in this fund family a number of years ago. I liked the global aspect to HY exposure and their HY team was pretty risk averse. Too bad Artio is sold to a load family.
Reply to @philpill: that is exactly the use case for edit link. Take a look at your own posts in this thread. You will see an edit link in each. Click it. Make changes to text or if this is initial post of the thread even title and category. And sav…
Reply to @Maurice:
It really depends on how the check is written. You do not want the check to be written to you (at first it sounds crazy!)
If the check is cut to you in name mandatory 20% will be withheld. You will have to come up with extra fu…
Reply to @philpill: Still stuck with Fundalarm board? I suggest next time you need correction, simply click the "Edit" link in your own posts and make changes and save the post.
Lip service. The question is if there is actually a solid policy behind it.
This finance minister is talking too much. The other he made a comment dollar yen exchange rate and soon after retracted.
Worrying is not going to do much.
If you have assets elsewhere you can sell in 401k and put it in money market fund and boost equities in other accounts proportionally. If your 401k is big vs other assets, then you can potentially take a small hit …
The 2-3$% is "real" i.e. after inflation return. It corresponds to 5-6% "nominal" equity returns assuming inflation is around long term average of 3%.
Most people may miss this important detail and as headline sounds worse than in reality.
The Yearbook was linked earlier: http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/5437/credit-suisse-global-investment-returns-yearbook-2013
Reply to @andrei: The yearbook is also linked from the thread: http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/5437/credit-suisse-global-investment-returns-yearbook-2013
Grantham is taking one year CBO projection and using it as if it was the long term number. I have to call it as BS!
Here are some more details of the latest CBO projections.
http://blogs.wsj.com/economics/2013/02/05/charts-10-years-in-the-u-s-eco…
The picture is skewed as American designed products that are manufactured in China is counted as Chinese export. So, iPhone, iPad, other Dell products, Cisco, IBM, HP, Dell, various household appliances, even parts of cars, air-planes sold by us com…
Reply to @Skeeter: If you are going to make such justifications you can drop a pure equity fund in your fixed income group and if the proportion is small enough it would produce similar X-ray. I think you are making a superficial classification.
Ha…
Reply to @Jim0445: 0.25% 12b-1 fee is not once a year. It is part of the total ER that is deducted daily. If you tally the daily deductions for 12b-1 and compound for yearly it would make that 0.25% that is stated.
I would not put a large chunk in Stable Value fund. They contain illiquid investments and in an environment like 2008 where they suffered losses and had to suspend redemptions. Read the disclosures of your Stable Value fund in your retirement plan. …
Another article that is intended to fill the pages.
Read the comments: The volatility of balanced funds is mis-represented by the author and is not 90% of S&P but around 60-66%. Total return is just an after-thought.
Update: My comments were …
