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: One Amazon, some of the products are sold by 3rd parties. So, if the same product is sold by different parties they might offer different prices.
I will join Mark to state that my experience with Fidelity has been a positive one. They also a Fidelity office within 15 miles of my home so if I want I can go there and get my issue resolved with someone face to face.
Their web site is one of the…
Reply to @AndyJ: It does not matter. The matter of not having a star rating of any sort is nothing got to the with how the fund invests. Sure the category and active management etc. are valid discussions but not for the existence of the star rating.…
Reply to @scott: Hi Scott, I agree with you on a number of your observations but also have a couple of somewhat different observations on a number of points.
I think one thing is constant. Change. We are living in a world with ever accelerating cha…
The CNBC interview has misleading fact on why the fund does not have stars assigned by M*. The fund did not have enough history for star rating to be assigned.
Yet, CNBC interviewer (Gary Kaminsky) is claiming that it does not have star rating bec…
Reply to @Flack: Or you can hit edit on your initial post and change category to "Off Topic". Try it! Much simpler than timing with guaranteed results.
Reply to @David_Snowball: Thanks David. I would not expect him to underwrite to the extend to bankrupt himself but he could commit to a ER reduction plan based on assets under management increases. I suspect given his success in the past, he will in…
Reply to @johnN: It is actually pretty good here in Austin, TX. Gov. Perry will come back home and continue his Texas cronyism.
No problem with multiple links but the topic suggests Egypt and if I see Egypt and not interested in Egypt, I will most …
John, what is the purpose of mixing up a thread about Egypt with posts on muni market? You could as easily create independent posts without corrupting the topic.
Reply to @rono: When it comes time to sell the coin are you recover the premium paid? Maybe so right now. I am not sure.
I see on some coins the premium is 10-20%. It is nuts! If gold falls from favor and demand disappears like in the fall from gra…
Reply to @CathyG:
The main advantage of the program is walking you through an interactive, relatively easy to use question, answer session to fill various forms and submit electronically. It costs cheaper than hiring a CPA. It is a significant ste…
Ron,
I personally believe this argument that physical gold will be worth more when paper gold is decimated is a gold bug BS. It is a myth. It is a fallacy created a false sense of security.
When the paper gold price falls, does your gold bullion…
Initial filing listed ER is a bit on the high side for my taste. I hope he can have an ER waiver while assets under management increase to provide economies of scale.
Reply to @philpill: New and oncoming funds, especially from MFO favorite managers is very much in topic here. Andew Foster was the long term successful manager of MACSX under Matthews Funds. He probably deserves a mention here on his oncoming fund. …
Larry explains why he likes that fund here:
http://seekingalpha.com/article/262546-the-active-quest-for-alpha-a-loser-s-game
JL: In terms of indexing, do you believe in straight market cap indexing, or do you use some of the alternative indexing s…
Reply to @bee: I personally use Turbo Tax Deluxe which I have found sufficient for my needs. I think Intuit is (perhaps intentionally) somewhat vague in their descriptions what what additional functionality to upsell the more expensive product.
Catch, you are rightfully pointing to the problems and I figure you are leaning pessimistic.
Baby boomers are retiring and quitting work force but they still have to spend especially increasingly on medial services and those healthy among them sti…
Reply to @CathyG:
"Re The Street... if I had known it was that loud, obnoxious guy on CNN that I always instantly switch channels away from, I would have discarded his opinion immediately (why does he have to yell?)."
I believe you are referring …
"I've recently found several funds that have FREQUENTLY NOT been updated with the previous day's NAV"
This is not always M* fault. Some companies report their NAV late sometimes which if missed several of M* database updates, could take longer than…
I agree, I do use the actual software for avoiding direct exposure but then again if you are submitting online, your tax forms are transmitted to Intuit. I don't know how much and how long Intuit stores the data in this process (hopefully a short wh…
Reply to @Maurice: Lipitor patent has expired already (June 2011). Pfizer had made an agreement with India based Ranbaxy Laboratories to keep it out of market until November 30th which also expired.
Now, Pfizer has its own "authorized" generic Lipi…
Ron, I am sorry about your step Dad. I am not in a position to advise you on taxes. @msf has provided a good write up. I think I would hire an estate attorney to sort of the details of your tax situation, at least for a limited consultation.
Cathy, I was think about you when I responded another message that some people disappear from the board and we never know what happened. I am sorry to hear your loss and the difficulties that followed and you seem exhausted. Take care of your health…
Reply to @Anonymous: Ed, the way to deal with 3rd party is to return the product to Amazon (not to the seller directly) using the standard Amazon return processing.
Amazon provides prepaid return labels and will work for you to refund. If you inte…
I kind of find it amusing that people blame the government while NAR is a industry organization, nothing got to do with government.
It was well known from the admissions of former chief NAR economist that numbers were made up. Having said that they…
I am sorry to hear this sad news. :( RIP Jerry.
In this case we were able to hear from family. There have been other people that stopped posting. We will probably never know what happened to them.
I've generally had good experience with USPS Priority service and it is one of the most economical and especially with Flat rate boxes available to you free of charge which is convenient and if you print label online, you get free delivery confirmat…
Reply to @catch22: Give Amazon a consideration. It is very easy to return stuff to Amazon as well. Also, if you order via Amazon, make sure you follow the link from this site and you will be supporting MFO without additional cost to you.
I am still waiting for my wife's contract with T-Mobile to expire before we make a move.
Right now IPhone 4S is at AT&T, Sprint and Verizon. Verizon plan seems to be the most expensive, while Sprint seems to be the cheapest for my needs. One th…
Reply to @MikeM: I agree. Most people actually do worse than the target funds on their own. I think everyone should at least pick a target date fund suitable for themselves and at least benchmark themselves. If they are not doing better on their own…
"Ah, the game is in play. EuroZone banks apparently have been notified to raise capital in order to increase their money reserves. But just what they are supposed to sell, and to whom; to raise reservses remains the question. "
Did you notice Gold …
Here are a few links:
http://www.marketwatch.com/story/sec-charges-6-former-fannie-freddie-execs-2011-12-16?dist=countdown
http://www.marketwatch.com/story/sec-puts-faces-on-fannie-freddie-scandal-2011-12-16?reflink=MW_GoogleNews
http://www.bloom…