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.
So, if you take possession of physical, the value remains at standstill?
I guess it is the same mentality that some try their to justify losses by saying its not a loss until sold.
The price may or may not come to the old level or even make take …
It really depends on your ability, the need and capability to take risk. If you have already accumulated enough for the rest of retirement you really need to take little risk. But I suspect most of us need some growth and inflation.
I think 40-60%…
I am curious why you did not begin by providing your largest holding first.
I have ARTKX (Artisan International Value) and PRPFX (Permanent Portfolio) approximately equal in dollar terms at this time. But the next 3 in my portfolio are also within …
I think FIFO, LIFO, HCF, LCF schemes of identifying shares are applicable to Average cost method. With specific share method you identify the actual purchase lot so cost basis of sold lot is known exactly and cost basis of the remainder is also accu…
For Mutual funds use M* return numbers which include dividends and other distributions in the calculation.
FFRHX is a type of bond fund that issues daily dividends. Thus, the fund NAV does not drop like other funds. The daily dividends are kept sep…
This is nothing got to do with privacy unless hiding some of the transactions that should be reported is considered privacy (just like the privacy of those unreported off-shore accounts).
Previously, the cost basis (if present at all) was advisory and not reported to IRS. Now, it will be reported. You will have to choose the cost basis reporting scheme when you do the transaction just like msf has explained. If not, your tax return w…
I agree that there might be situations that the calculation made by broker might not be accurate due to special situations but it now does matter to the IRS. IRS is likely to use computer programs to detect differences and will take a close look at …
Let me make it clear. Due to rule changes how the brokerage is reporting is going to be utmost importance as IRS will use the reported data. If what your report does not match what IRS gets from the brokerage, you will have some explaining to do.
P…
The procedure above was for Firefox 3.6. The newer 4.0 may be a bit different. On Firefox 4.0 you can get to Ad-ons from the Firefox men on upper left of the firefox window (or you can hit F10 to reveal traditional menu, pick Tools etc.).
By hiding…
Thanks for the detailed post on cost basis reporting and how its going to work out with brokers. I am sure there will be a lot more rule making coming regarding the implementation of this. I agree with you. I prefer specific share selling. But it re…
Here it is:
http://adblockplus.org/en/
(Install your Firefox first and then visit the above site and use Install Ad Block Plus link on the page).
Alternatively, you can use Firefox "Tools" menu, "Add-ons", "Get Add-ons" tab, in the search box ty…
You are likely to have much better experience with Firefox than IE 7. I also have an Ad blocker add on my Firefox so I do not see much of the ads as well so browsing is faster that way as well (no need to wait for ads to download). If you still want…
What you are most likely seeing the page is timing out before completed. However, what is causing the timeout is less certain. It could be a site related issue or it could be a local problem.
Site related issues are more likely to seen far more oft…
On Flash Crash of Silver last night and more...
http://blogs.barrons.com/stockstowatchtoday/2011/05/01/uh-oh-silver-metal-plunges-12-in-asia-morning-trade
http://www.kitco.com/ind/nadler/may022011.html
Mark,
The globe is more connected and with more connected there are now new inter-dependencies. A (a US) entity issues debt which is bought by B (an international entity) and C a US entity (say an insurance company) has written a insurance policy f…
Again, I see after everything has played out, people are coming and saying what we should have done. This is BS! Economics looked a bunch of alternate schemes then (from both parties and came to conclusion what it is). What is being sold as alternat…
The gold/silver price went up much much more than the dollar went down. There is a component of gold/silver prices that is effected by dollar decline but the majority is speculative rise.
I do not know the accuracy of the figures. But, the author pretty much makes his political colors known in the end....
It is too easy to be critical now after the fact. We had a choice of not growing government debt but let the banks and the rest o…
Maybe need to get used to typing shorter subjects and longer posts, eh?
However, I do not see any significance on notifying 3 mutual funds making 52-week highs. There are at least 100s if not 1000s mutual funds making new highs these days.
Catch,
SDY price return is a not a good proxy for dividend-reinvested S&P 500. It is a different animal! By using it as a benchmark for your portfolio, you are possibly misleading yourself.
S&P 500 with dividend re-invested is around 9.06%…
I guess that is a good problem to have (i.e. being Highly Compensated Employee).
If you want to increase your 401k contribution, you should try to get other less compansated employees in your company to sign-up but to do so company should make the…
I listened to James Grant interview on my iPod 2 weeks ago. You can listen to them fresh via free iTunes subscription to Wealthrack podcast or video podcast.
Anyway, what made me think that if there was time if James Grant was ever happy with the p…
I was pointing that just because a country is having high growth does not necessarily mean a good stock market performance in the short term. The experience of China, Brazil, India etc. are current evidence.
On the long term, the research paper say…
Ron, good for you that you rode this trend. I am just opposed to using previous peaks of gold and silver as a justification of why the trend should continue. I think previous peak has no basis. Especially for silver when Hunt brothers have cornered …
Economic growth and stock returns do not always go hand in hand. In fact, the frequent stock issuance is a significant dilution in a lot of emerging markets. There was a research paper on this. On the long term, you do not see the spectacular return…
There is no index closed end fund. Can you imagine index funds trading at premium and discount to the NAV? Since closed end funds cannot issue new shares except for IPO, the will be premiums and discounts. The only way you could obtain shares in nor…
