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.
I completely agree. Words like "plumet" are used to invoke fear on audience and sell a product.
There is too much near term focus (bet here, bet there) and too little long term what could happen and how to position for long term. It may still fail …
I am sorry to hear that you lost your job and also your aunt. You mentioned above you are going to get some inheritance from your Aunt. I kind of remember you had your existing portfolio also seeded with another inheritance (correct me if I am wrong…
I don't think this is really a problem of recession although recession might have accelerated the process. It is simply due to big city urbanazation of US. As economy has transformed to a more service oriented economy, jobs particularly for younger …
Bill Gross likes to redefine terms and pronouncements he has made if he fells like he is going to be wrong. He has changed the meaning of new normal a few times as well..
MJG,
Sometimes not getting feedback does not mean that your submission is being ignored. I did read and bookmark them for easy reference later. I have personally learned from your posts and they have led me to do some more reading and research of m…
A couple more articles from the past week from CIBC:
Chinese Local Government Debt Perspective and Macro-Economic Implications
China: Slaying the Inflation Dragon Will Tame Growth
Another article from WSJ: 'China Is the New Dot-Com,' Says Outgoing Securities Chief
http://online.wsj.com/article/SB10001424052702304259304576372943261984356.html?mod=WSJ_PersonalFinance_PF5
If this link does not work try reading via Google:
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1% of North American accounts are exposed to hackers. Apparently, the hacking took place a month ago.
http://blogs.forbes.com/andygreenberg/2011/06/09/citibank-reveals-one-percent-of-all-accounts-exposed-in-hack/
I will suggest Fidelity. Yes, initial purchase is $75 but there are no sales fees and if you set up an Automatic Investment plan you can purchase additional purchases at $5 per transaction. So, if she is going to dollar cost average it could be a be…
Permalink is an anchor for the particular post/thread so you can right click on the browser and copy the link location as paste it in an email, another site etc. as a direct link to the post. Many blog sites provide a Permalinks to the blog article …
Yes, click on the name of the user on one of his/her posts and on the left you will see "Send ... a message". They can read the message in their inbox (it will be seen as a notification to the user do he/she can check his/her inbox) and if enabled …
A how to guide on hard sales tactics. I knew all along and if you look at the companies listed in the post, most are insurance companies and insurance company products.
I was not in buying mood yesterday but I added a small amount (~1% of total portfolio) into existing funds in my self-directed 401k account today (ARTKX, OAKIX, GRTVX, PRPFX).
Mutual Funds cannot own real estate. They can however invest in companies that invest in real estate related businesses. Real Estate is a bit too generic to identify what the fund invests. It could be investing in REIT stocks (which might own/rent/m…
Maurice,
I do not like the mandatory choices. But I am not opposed to a GRA that is voluntary in participation.
You don't trust the government to provide 3% real rate of return. i.e. 3% + inflation. I find no fault with that suspicion. But I thin…
I am not supporting this idea. But Maurice said it is 3% real return. That means 3% over the inflation. You can argue the inflation would be represented fairly or your starting point of assuming 3% nominal return is incorrect.
I am sorry to hear this. I personally liked him.
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/05/24/bloomberg1376-LLRBAM07SXKX01-53UUMEJP57JR1MEPBSEMFV56RV.DTL
Good idea. I would put 'reserved for future post' in the title next time.
That guy is executing a number two round kick according to my style (of Taekwondo). It is effective and powerful against stationary objects, boards etc.
Unfortunately, it is…
In an ETF a short seller can always rely on the process of creating shares in the ETF to ensure he can deliver. This leads to the possibility that a buyer of an ETF share is buying for a short seller and that no new share has yet been created.This i…
Rarely and the free lunch is take out quickly before the retail investor gets to it. The important thing for retail investors is the be able to get their fair share of long term returns less expenses.
I love these disaster blogs. They present these debt as if all of it is due tomorrow and state is not able to service maturing debt. While on the subject:
http://www.bloomberg.com/news/2011-05-19/meredith-whitney-trips-over-her-muni-default-tale-jo…
I think I made it clear that if they wanted to be a little more honest, they would create an appropriate benchmark for the fund by meshing up a couple of indices. It is still not perfect but goes a long way towards measuring the performance of the f…
In defense of RYOTX, there are really no convenient benchmarks for its portfolio.Actually MSCI, Russell, DJ/Wilshire now have Micro Cap indices which can be used to compare microcaps performance. Now, that they bumped up their allocation for intern…