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.
They might be a good asset but since there are complications holding them I generally avoid.
They are generally not very good in Mutual fund or ETF formats. Tax inefficient in taxable accounts (or taxed at the investment company level as some mutua…
Reply to @Accipiter: I have seen the same thing to occur to me as well.
Here is to reproduce:
1) Post a reply using the "Reply" link.
2) Click "Save Comment"
3) Edit the same reply using "Edit" link.
4) Click "Save Comment"
This time indented vi…
The representative from my state is purposefully distorting some of the facts. What's new?
First Incandescent bulbs are not banned. The new requirement is that they will be more efficient. There are already some more efficient incandescent bulbs. …
Thanks a lot for adding this. I do read the forum directly using the first link to make full use of my screen estate on the laptop and not having a link on the screen to access David's commentary and other home features were a bit of inconvenience u…
Reply to @tgeno: You can subscribe to their podcast free on iTunes or download shows on their web site. iTunes is particularly convenient.
My wife's vehicle is RAV4 (V6). With a V6 engine, it is a very powerful but still light vehicle. I do drive a…
Hey Catch. Sounds like you had a successful operation. Medical technology is doing amazing things, extending both the duration and quality of life. In turn, it looks like we need to plan for longer retirement (or work longer)
Mo,
I love these guys. I listen to their podcast whenever I am tired of listening finance related ones. Hey, what other show you get a weekly puzzler?
About your Mazda:
I sold my Toyota Corrolla at over 110K and it was still running good but I w…
Thanks for posting. I have been very busy this week at work.
Summary Points:
* Westwood's Susan Byrne Drops Manager Title
* Wintergreen Activism Gets Results, Sort Of
* DFA Veteran to Head Firm's Institutional Business
* American Beacon Liquidates…
Reply to @Ted: If you eliminate Off-Topic category, you will have off-topic in the Fund discussions. Right now, you have a way to only read Fund Discussions and ignore the rest. Just click "Fund Discussions" under category and when you are done read…
SPY is organized as a unit investment trust. So, it follows the rules of these trusts.
VOO is the Vanguard equivalent but this has relatively low volume because Vanguard was initially could not issue an S&P 500 ETF. I believe over time it will …
I just read this article about Intrade where political bets are made:
http://www.businessweek.com/printer/articles/10315-intrade-where-politics-meets-the-market
What you are looking is Monte-Carlo simulation to evaluate portfolio survivability.
If you have an account at Fidelity, Fidelity provides a Retirement Income Calculator which does Monte Carlo simulations.
A better alternative is to use Financial…
Reply to @MaxBialystock: Corporations are above humans now.
Supreme court decided when it comes to free speech, corporations are humans. But when it comes to suing corporations for human rights violations abroad, corporations are not human and thus…
I think it is a dumb idea. Currency should be able to adapt to economic conditions. We have seen what happens if this adjustment cannot take place. This is exactly the problem in Greece.
Reply to @msf: I understand they did the change to comply more closely what they were doing in taxable accounts. I have no problem they keeping track of cost basis of individual distributions so for taxable lots correct amount could be reported to t…
Reply to @MikeM: These are totally different investments. GASFX is a utility fund. Utilities does better obviously when their input cost (gas) is lower and electric consumption is higher. On the other hand, companies involved in the production of n…
I still get those yellow highlights under new look.
I am OK with the change however other than prettiness it does not add much value.
What pissed me is the way they are calculating return. I have a roth and traditional IRA. My traditional IRA ha…
And while at it also be wary of fund ratings based on past performance!
There is no perfect way of knowing what is up in the future. Index fund investors at least does not need to judge continuation of manager skill.
"Total remuneration in the U.S. for senior officers, unopposed by typical boards, rose as a percentage of the average worker’s pay from 40 times in Eisenhower’s era to over 600 times today, with no indication of any general improvement in talent. Fe…
I also own this fund. If REITs are expensive the manager can buy more bonds, preferred shares etc. In fact, fund manager is one of the most experienced among Fidelity managers. It is a lower beta exposure to real estate market. Up about 5% YTD. Up …
If you have entered a portfolio at M* as a free user and want to do a quick Portfolio x-ray (which is available for paid users), you can still do an x-ray like evaluation of your asset allocation and sector allocation via Portfolio Allocator.
http…
The austerity plans are bound to fail.
Big Budget Deficit -> Austerity -> Negative growth -> Shrinking GDP -> Bigger Budget Deficit -> More Austerity -> More Negative growth -> failed state.
In theory austerity works. In prac…
Reply to @tgeno: Glad to hear from you. Sorry that life was not nice to you recently. I wish you better days ahead.
There may be a major correction. It eventually will. But why not slowly DCA into some conservative funds meantime.
Reply to @scott: I agree. If he is pessimistic he could dial down the risk of the portfolio. Hedges do cost money to implement. He might have done better while maintaining pretty similar risk level.
Reply to @Anonymous: The fund invests in mostly large cap stocks. So, there is really not a problem finding room for new monies. In fact, US and Intl. stocks makes up 66% of the portfolio so it is pretty standard equity allocation for this type of f…
Reply to @Old_Joe: You are welcome and you are quite right. There is no perfect monetary system. I am posting these because it looks like people have forgotten the problems and economic crisis because we were tied to gold standard.
Reply to @rono: For most Fidelity Managed funds, the IRA minimum is $2500. So, it should not be too difficult to have 3-4 funds if he is to use managed funds. Besides, he can find non-Fidelity funds in the fund supermarket that has lower minimum tha…
Reply to @DPN: As an alternative you can invest in NTF ETFs available at Fidelity in your IRA account. They cover major asset classes and with relatively low ERs so you can diversify relatively easily.
http://personal.fidelity.com/products/trading/…
