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 @Maurice: "As I have never seen the program that aired a few months back, I found his questioning of former Speaker Pelosi and her responses absolutely fascinating. Apparently many in the House did as well."
So, months ago you posted in my…
Reply to @Old_Joe: "As usual, all of us (me included) want to have our cake and eat it too."
Yeah, this is the problem. If the current structure is preserved each time monies moved into the fund the investor should be forced to acknowledge that if …
Reply to @Old_Joe: As always I am the only dissenter in this board. You guys are thinking Greece as isolated entity. If Greece defaulted, even German banks would collapse in short order. You give some time, banks adjust, you can fence as much as pos…
Reply to @scott: Obviously, those comparisons will be made assuming Spain, Italy, Portugal would not subsequently fail after Greece declared bankruptcy. If you do not fence these things the costs can easily run up in a short time in a chain reaction…
How quickly people forget. In 2008, many money market funds were at the brink of breaking the buck if the the 'big' government had not come to rescue. Next time, if such a thing does not happen, your so-called safe fund will break it and it will be …
I don't really care about facebook but who knows if they can turn the intereset to cash flows a la Google, they might have staying power. I can imagine some of my growth oriented funds might add it to the portfolio.
Would it be added to the S&P…
Reply to @msf: Thanks for the detailed analysis. But despite different investment strategies over the co-existance of both funds they managed to provide very similar portfolio characteristics. I personally think there is not enough difference to add…
Reply to @MaxBialystock: I don't understand, after learning so much about mutual funds, why you look at the absolute values of NAV price or dividends in dollars. In mutual fund world, these absolute values mean very little. Forget the fund has a pri…
Reply to @scott: Here in Texas we had the worst drought last year and water levels in lakes are way below their normals. Lake Travis in Austin now has many new islands and boating industry had to relocate docks and build new walkways in some cases 1…
I recently sold all of MACSX and reinvested most in MAPIX. I just did not feel addiitonal fund was giving me substantial different exposure anymore. Also, during the period that both funds existed, MAPIX did better and has better Sharpe ratio, etc.
I did notice the function change. I personally considered the previous behavior broken and now it is working as it should.
Previously if you opened up a thread and backed up via back button a refresh would put you back in the thread instead of ref…
M* supports both Watch style and Transaction portfolios. Watch style does not adjust distributions. Transaction portfolio is allows you to track your distributions and inflows and outflows of the funds. It can accurately draw a chart of your portfol…
Reply to @fundalarm: In fact this is a common practice. If the seed money is not successful, the fund never sees sunlight. If successful, the fund assumes the track record of the seed even though it is a new entity.
My memory is fuzzy but I think i…
Look what happened to Europe when the economic reality did not match their monetary policy. If the economy is not ready to lift interest rates making the monetary policy tighter is stupid.
In addition, this site filters some of the HTML code when rendering (in order to prevent cross site scripting and other potentially harmful HTML) so some of your HTML might have been effectively removed when the page is displayed.
Reply to @MaxBialystock: You can still do change category after the fact. Are you aware that you can edit your opening topic and change the category? I also post in wrong category occasionally in a rush to post but come back and edit my post. You ca…
It looks like your girlfriend's employer match was not fully vested and after a period of waiting they clawed it back. They do not remove the unvested monies from 401k immediately in case, former employee return to work for the same employer in whic…
Reply to @Anonymous: Last year. Just because it is not in the news here in the US often does not mean it is not occurring.
Oil spill in Canada's Alberta 'biggest in 35 years'
http://www.bbc.co.uk/news/world-us-canada-13284849
Some history of oil s…
Reply to @Gandalf:
This is a good list of funds. Gives a pretty good sets of equity and bond funds.
For a 26 year old consider:
FSTVX 15%
FCNKX 15%
FLPKX 15%
FSIVX 15%
FSEAX 10%
FRIFX 5%
FXSTX 10%
FSICX 10%
FNMIX 5%
The pipeline will be built. The rejection was forced by Republicans requiring the president to make a decision in 60 days, and artificial deadline.
He made a decision based as required but allowed the pipeline company to resubmit revised proposal t…
Reply to @rono: Ironically, this is sponsored by Texas Congressman Cornym who frequently outcry of government intrusions and big government.
Second comment I make is that how is this different with the censorship activities in the rest of the worl…
Reply to @MaxBialystock: Perhaps, as an immigrant, I should not be the one arguing about the rule...
Consider the following two:
(1) ... lower than [x]
(2) traders expected [x]
Combine (1) and (2)
(3) .... lower than [X] what traders expected…
Reply to @Sven: The difference is the credit quality of the bonds. USAA muni funds hold lower quality bonds. Basically take AAA portion of the Vanguard fund and fold to BBB credit bonds.
Reply to @msf: I have a self-directed 401k access through JP Morgan Chase ( http://www.retirementbrokerage.com ) and they also do not impose additional holding periods on top of fund early redemption periods. Previous URL is basically the same as ht…
A public company going private typically means they are retiring the common stock and they need to compensate the holders. The fund will receive cash for the shares it is holding. Privatization can occur at the last traded price or some other price …
Reply to @Anonymous: Well, your short post is more anti-science full of branding words that have negative connotations.
Scientists are definitely not saints. There have moral values as varied as the rest of the population. However, I can argue that…
Google just blacked out its logo also in protest to SOPA and PIPA.
http://www.nydailynews.com/news/national/wikipedia-sopa-pipa-article-1.1007847?localLinksEnabled=false
Any site like MFO that contains user generated content and provide links to s…
Reply to @MaxBialystock: My I suggest BND or VBMFX. AGG, SCHZ or FBIDX are alternates. The plain old bond index has done much better than the majority of managers over time. DODIX has done well as well but index did better when it mattered most and …
Reply to @glampig: Why bother with WEFIX. Just get BND or AGG or SCHZ which follow the Barclays US bond index. Or if you prefer mutual fund VBMFX, FBIDX, SWLBX.
The bond index itself has better 1, 3, 5, 10 and 15 year record than WEFIX. And it did…
Reply to @Old_Joe: Let's have stringent regulation and later work on eliminating and weakening them to the point of being useless by labeling regulation as evil. And when things ultimately get shafted, let's blame the regulators. And somehow in the …
Reply to @DlphcOracl: According to M* (as of 12/31/2011), 5 year total return for OAKLX was -0.67% (annualized). That translates to -3.3% for the 5 year period cumulative. I don't know where you got 15%. That put the fund in 44 percentile. S&P 5…
Reply to @johnN: There is no need to call anyone to return a product. Just from your account settings, click return and it will print the UPS return label free of charge and you arrange pickup/or drop it one of the UPS Stores nearby.
