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: I personally do not think QE3 will happen any time soon. The GDP was actually revised higher and there has been some recent positive figures. The are not growing up fast but neither falling down like a rock. The typical summer slump…
Reply to @kevindow: Well said, I personally believe most of these Long-Short funds will not deliver. In general the costs are high giving a big headwind. There will be a few that we will know that has worked well (by luck or by skill) after the fact…
I checked the prospectus of Oceanstone Fund (OSFDX). Here is the section on redemptions. Typically a fund typically allows redemptions below certain amount without requiring signature guarantees. This one requires for all redemptions which is intere…
This fund has struggled in 2011 and so so this year. It was a new fund in 2008 and was not yet fully invested and that is boosting its record. They are not doing as well as SGENX (their previous fund) this year either.
I sold out and allocated my m…
Reply to @Old_Joe: I live in Austin area. We have many good and generally reasonable people of different political persuasion over here.
I am way away from the Lubbock Judge. http://blog.sfgate.com/nov05election/2012/08/24/crazy-county-judge-makes-…
Reply to @johnN:
A few facts might surprise your pessimistic observations:
The crude oil has topped $147 in 2008 before President Obama took office. Today it is around $97 (WTI), $114 (Brent). In fact the decline in oil prices following 2008 rece…
Reply to @Old_Joe:
Instead of going into much detail on entering html elements, you can point to http://www.w3schools.com/html/default.asp.
I think you should use the standard terminology of HTML element and attribute. I personally find a bit odd…
Reply to @catch22: If the unemployment jumps and economy starts going downhill again, the problems will not be bound to a particular state and cross borders. California's problem will be Indiana's problem pretty soon. The sort of messages are short …
Buffet's two investing guys have sold some long time Buffett stock holdings as well. I think he is slowly transitioning portfolio management to these new guys. They increased Wells Fargo holding. Also, I suspect Buffett may also be preparing to do s…
Their investor stares have a big load and contingent deferred sales charge. Unless they offer their admin. shares to the investors at Fund Supermarket etc. it is non-starter.
Reply to @PopTart: I agree that we probably would be better off if the money for political commercials is spent in more needy areas of our economy such as infrastructure. However, I do not see it a loss. The money spent in commercials employ a lot o…
Reply to @fundalarm: I agree, QE3 is not in sight. Fed will want confirmation of much severe detoriation and while there are some conflicting data over the summer the recent data is more encouraging.
Scott, I am sure you know this and overlooked in your opening post that it makes it easier for us to research the fund if you also mention the fund ticker in the body of the message. MFO converts it link to a popup which links to popular sites for t…
Just to make it easier for folks to link to the fund, I'm typing this post with ticker in the body. MFO will change it to a link.
CGVVX
I've looked at it and I personally prefer ARTGX over it as it has better risk profile. If you prefer somethin…
Reply to @Maurice:
I agree with you on Erin Burnett and I liked her pairing with late Mark Haines. I can't blame her jumping to CNN as she saw the writing on the board.
However, considering Kudlov a socialist is a stretch. He is a typical corrupt…
Reply to @BobC: I think their ratings from the above links is showing that their assumption that "rational discussion of investing would not attract viewers" is wrong as they are not doing well right now.
Reply to @scott: Santelli and Kernan's political antics and frequent ranting is personally most irritating to me. I do not watch Kudlow as his show is during my work time and it is really not much geared towards investing to begin with anyway.
I l…
Reply to @MJG:
MJG said: "Even in the best of times, many folks are procrastinators; others are lazy; still others just want the good times to roll."
I am an BS/MSEE working as Software Engineer in a major multi-national technology company. I am …
And putting a message like this out in the public so close to presidential election is not giving the impression of political motivation?
Fed was not afraid of doing everything it can back in 2008 when it was so close to election. Dallas Fed was no…
Reply to @fundalarm: I cannot blame on the early investors. They want to invest their capital on promising venues and when there is opportunity to make profit they get out. If there is no prospect of riches for the early investors there would not be…
Working after 65 is only possible if health conditions permit and jobs are there. I would not have problem with working after 65 if needed as long as these two conditions are satisfied. However, I see the probability is low. Older generation must re…
Arnott also predicts recession coming. So, in a way inflation will triple is contradictory to that observation.
Now, high inflation and recession do not normally go together as during a recession, companies lose pricing power as demand decreases th…
Reply to @msf: I now believe your interpretation is right and mine is wrong. I must have interpreted the HSA/MSA to HSA transfer rules to apply to IRA to HSA.
I am sure this will help prevent some people from making errors. Thanks again for your a…
Summary:
* Vanguard Shuffles Advisory Ranks
* Oakmark Reopens Fund
* Sentinel Managers Leaving for Competitor
* Lord Abbett Announces Several Manager Changes
* Morgan Stanley Proposes Fund Mergers
* Henderson Launches Dividend Fund
* Aberdeen Merge…
Reply to @Kenster1_GlobalValue: Back of the envelope valuation calculation done around the time of IPO value the company at $16/sh. Today, it is probably lower. BTW, there has been an exodus of important employees after the IPO. I am sorry for those…
Reply to @msf: AFAIK, There is a difference. With a rollover you do not use that year's HSA contribution limit. You can do additional contribution in the same year as your rollover.
Update 8/3/2012: The above information appears to be incorrect. Pl…
Why do you compare Managed funds to peer group and index funds to the index. If you apply the same criteria Index funds to a group that includes an asset class peer group consisting of managed and passive funds, you might see that index funds beat m…
"two young funds struggle to get notice"
I posted this a few days ago directly from the source Morningstar. The subject line of the thread is exactly this.
Reply to @johnN: John, Dessauer's investment outlook is better placed in a completely new thread. This one is about what Gross wrote. It does not make justice for people that would be interested in what Dessauer says because it is in a thread about …
