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.
Yes, you can have a direct rollover of Employee Stock Ownership Plan (ESOP) to a Traditional IRA (Rollover IRA but Rollover IRA is a Traditional IRA). You already have an account with Fidelity. Give them a call, the representative will guide you wit…
Reply to @Old_Joe:
"Is PONDX and PIMIX the same fund with PIMIX being institutional shares?"
Yes, it is the same fund but different share classes. All share classes are listed (names, not tickers) if you look the following link:
http://financials.m…
Catch: Typically you have 3 day settlement for non-Fidelity funds for swap.
However, instead of a fund swap, if you just sell the fund you will get credit next day and you can purchase another outside fund.
Reply to @TheShadow:
It used to be exclusive in most products but not any more. Here is info from USAA web site (Click other individuals section to expand):
USAA's investment products, most checking and savings products, credit cards, life insuranc…
Sigh. Yahoo URLs have a lot of garbage in the end.
The same URL could simply posted as: http://finance.yahoo.com/news/reward-stolen-painting-may-biggest-172842445.html
Reply to @VintageFreak: President Obama is/was also investing in Wellington and Wellesley.
http://moremoney.blogs.money.cnn.com/2009/05/18/obamas-favorite-mutual-fund/
However, it seems he is investing in Vanguard 500 Index fund more recently.
h…
20 mutual funds over 4 IRA/Roth IRA/401k accounts between me and wife.
Top 5: 46.13% of the portfolio.
Top 10: 71.73% of the portfolio
Bottom 5: 6.21% of the portfolio
Bottom 10: 28.27% of the portfolio
I guess my portfolio could have been downs…
Reply to @yugo: BUFTX has changed its name to Buffalo Discovery and I believe it now has a bit more flexibility in investment choices. Still the fund predominantly invests in Technology and Heathcare sectors as before.
The article suggests 3 investments to complement traditional stock/bond portfolio:
1) Long-short equity
2) Managed futures
3) Market neutral
The problem is that for mutual fund/ETF investors successful ones are so few and finding these are are aft…
@CathyG: Inverse ETFs will do well if we hit recession and stock market plummets. You can also buy put options to limit downside. However, inverse ETFs will lose if the recession does not happen and your puts expire and you have just wasted some mon…
Reply to @andrei: YAFFX and YACKX are very similar. YAFFX is slightly more focused but YACKX is considered focused fund as well. Here are the longer calendar year returns for YACKX
http://investor.managersinvest.com/investment/yacktman_fund_perform…
The way QE3 is going to help main street is by forcing people to take higher risk.
Even when mutual fund investors are withdrawing money from stock funds, they are investing more and more in riskier types of bonds as money market is paying nothing…
Reply to @Alex: Make sure your browser accept cookies. Also, some "cleaning" tools or security software (adware blocking, anti-virus, etc) may be deleting these after your browser session is ended. Also, if you log out yourself your cookie will be g…
Reply to @scott:
" Maybe he should ask his co-chairman of the campaign, former Minnesota gov Pawlenty, what to do about things like this. Oh wait, Pawlenty, who said that Wall Street should get their "Snout Out Of The Trough" is now the head of a l…
Reply to @Old_Joe:
My answer to him: "Austerity Economics" is fundamentally wrong when economic growth is slow or in recession, and the reason why the economy can't get up off the mat.
You can look at Europe has successful austerity that has been…
It looks like this will not stop until they start experiencing losses in bond funds.
However, given the outflow from equities are smaller than movement into bonds, some of the money should be coming out of money market which pays nothing. Even unde…
Reply to @Alex: You do not need to create a new user each time. If you are logged off, log back on with the same user name and password you used before. Also, you need to accept cookies from this site. Otherwise, you will be required to log in again…
Eric Cinnamond's former fund ICMAX is still doing fairly well. If you think you have too much allocation to ARIVX you might give a consideration again. QRSVX is a pretty conservative fund as well.
Reply to @Maurice: I think immediate future is probably priced to a degree. So, we might get some breather as a wait and see attitude takes effect and as the effects of the program starts to show up, we might see continuation of the trend. Remember …
Reply to @hank: Your anecdotal price for Michigan in 1998 seems correct. I remember buying gas around $1 in Palatine, IL in 1998. Oil prices have gone up mainly not because of monetary policies but because of supply and demand. In recessions, slow g…
Reply to @Maurice: Mo, I agree with you opt-in should be the default. In fact, that is the law in those big government high regulation European countries. ;)
Reply to @scott: Here are some facts.
http://www.washingtonpost.com/business/oil-declines-to-two-week-low-on-saudi-action-and-fedex-outlook/2012/09/18/72a49f20-01cb-11e2-bbf0-e33b4ee2f0e8_story.html
* Saudi's decided to pump more oil to lower pri…
Reply to @MaxBialystock: Yeah, they said so for QEI, QEII and other stuff. Exchange rates goes up and down. And dollar recover after a while after the previous rounds.
A weaker dollar is actually better for our exports and economy at this time. It …
$3-$5 was previous week speculative rise due to QE3 announcement. This sort of fluctuations do occur when new monetary policies are introduced.
Crude is still below 2008 peak.
Reply to @hank:
* Gas prices are not too bad. We are not anywhere close to 2008 highs. You can verify this yourself. I have recently did this to a John's post.
* Beef prices has actually come down. Due to drought which increased the feed prices, …
Reply to @rono: Rono, I cannot consider ShadowStats site as gospel. One person vs a whole cadre of professionals. If there was an backroom effort to hide or distort the number it simply would not be kept secret. Don't take the "old formula" as corre…
Both funds are rather aggressive high beta, high standard deviation funds. When markets are going up they do very well but when market is declining downside is likely to be big as well. Check the upside/downside capture ratios on M* (Rating and Ris…
Reply to @rono: ShadowStats debunked: http://www.econbrowser.com/archives/2008/09/shadowstats_deb.html
Also this is from comments left:
Look at the first chart here
http://www.shadowstats.com/alternate_data
Look how big it considers inflation und…
I did a Google search. I have found references of SSgA real asset fund in several company 401k summary. It does not look like a mutual fund with a ticker you can query at mutual fund sites. This seems to be one of those funds specifically designed f…
I respect Rodriguez's investing acumen but they are critical of the only entity trying to do something. Congress is not in a position to institute any stimulative fiscal policy so in the absence Fed is using its monetary policy tools no matter how d…
Different options have different implications, in particular with respect to taxes. I would go talk to a tax professional if the amount is significant.
Given your mom does not need payments at this time, my personal feeling is either option a or c …
