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Reply to @bee: That is pretty nice. I actually like the progression of sharpe ratio over multiple periods in one table. And I do not remember any other site that gives performance numbers going back to 1987
Reply to @DlphcOracl: There is something wrong with your numbers or you are probably not including the dividends.
YAFFX lost 43.78% from 10/05/07 to 03/09/09
YACKX lost 46.66% from 10/09/07 to 03/09/09
Yes these are big losses but
VFINX lost 55.…
Reply to @Mona:
Wow, her IBM plan is very good indeed. Such choices are very rare. I work for a large tech company as well. Our 401k fund list is very limited but the redeemer is that I've got self directed 401k brokerage option that I can buy pop…
Reply to @DlphcOracl:
In 2007 YAFFX gained 3.46% vs 5.49% for S&P 500.
In 2008 YAFFX lost 23.48% vs 37% for S&P 500.
In 2009 YAFFX gained 62.76% vs 26.46% for S&P 500.
In don't know what devastating disasters y'all talking about!
Yes, you hit the nail. There is a greedy side who has friends in the same scheme that is getting rich by the minutes and they cannot be left out the scheme. Obviously, scheme is too good to be true and how such high returns are possible at low risk…
Reply to @DlphcOracl: I agree on the warning shot so I sold PONDX and MWHYX and increased some equity exposure a couple percent and put the rest on RPHYX. Yes it is also a bond fund but has very low duration risk.
Reply to @msf: The ones that does not probably need to worry about TF get the most free trades and those of us that is most affected by TF have to pay. That is the wicked send of justice. I guess the high net worth customers will trickle their savin…
I think the most notable for me is the manager change at FMIEX. 1st Source Income Equity => Wasatch 1st Source Income Equity => Wasatch Large Cap Value fund. Both original managers (Ralph Shive and comanager Michael Shinnick) are now gone afte…
Reply to @msf: I think the military service (or relationship) is only for their insurance business.
Update: Here it is:
It looks like everything except auto and property insurance services are available to non-military audience.
https://www.usaa.…
Reply to @lrwilliams: That is correct. For any IRA (Roth/Traditional IRA, etc). you need earned income except that Spouses can contribute for a non-working spouse if they are filing jointly.
5 for return group is not crummy. It means best of its class. It is in top 20%. You are reading it wrong. :(
I have VVPSX. 1-3 mo result is so so. I still like it though. Look for longer periods.
Reply to @Old_Joe: Older .xls files are binary format files which was the native format until Excel 2003. The new format is actually based on textual XML format. The old format was not properly documented so 3rd party apps had varying success interp…
Reply to @MaxBialystock: If the Roth IRA becomes an Inherited IRA, I think the earnings up to that point will still be tax fee as well as the original contributions. Only the new growth will become taxable. As you take RMD you will tap into this new…
Reply to @BobC: The core CPI number excludes them but often reported nominal CPI does. Food and energy is most visible numbers as you shop for these often. They are volatile and we do remember the spikes but our memory fools us as we tend to ignore …
It happens approximately once a month on any browser you logged in. Say you have 3 computers and on 2 computers you use 2 browsers so you have a total of 5 browsers. Each browser maintains a login cookie. When the cookie expire you will login again.…
Reply to @michiganinvestor:
I agree. It is a valuable service and I enjoy and care. That is exactly why I spent my time to document each case I've detected. I find it interesting that you used one of your only 4 postings to criticize me.
Hey David,
I just read your August commentary. Here are a few observations and thoughts in the order of their place in your commentary:
* I do not see the value of looking since inception returns and qualifying these as beating cash, bonds and sto…
Reply to @VintageFreak: Yacktman Funds are under AMG. AMG is kind of an umbrella company. They acquire a number of boutique shops with a few funds each and leave the management in place and provide them the freedom of managing the funds like before.…
Reply to @Investor: I am very glad that I did not stick around with this fund. If it is going to this slow to adjust in risk relations I see there will be problem episodes with this fund.
Another fund that I looked and eventually decided not to inv…
Reply to @VintageFreak: I think you should stick with GPGOX. GPGOX is the concentrated/focused version of GPROX. In terms of broad coverage GPGOX does provide pretty much the same scope.
Reply to @Charles: That sounds like you are finding an excuse for purchasing this fund. That argument is ok if you bought the fund as cash/bond alternative but I doubt it.
I did own this fund and gave up earlier this year and I am glad I did. I mov…
I think he was in the picture as former vice chairman of the fed. I think he is a bit old currently for a full term.
After he retired as Vice Chairman, he was appointed to the Bank of England's Interim Financial Policy Committee on 17 February 2011.
Certainly no rate increase any time soon. The bond purchase programs first end first and that will be a gradual decrease of monthly purchases (aka taper). Assuming that is accomplished in a year and half (2014 through first half of 2015), the first …
The problem is sudden and unexpected demise of Potash cartel. It is akin to a big producer of oil is leaving OPEC.
http://www.bloomberg.com/news/2013-07-31/potash-s-20-billion-market-transformed-by-uralkali.html
http://www.bloomberg.com/news/2013…
Reply to @Kenster1_GlobalValue: I agree.
I have no problem with Grandeur offering slices of their strategy for those asset allocators that would like to combine the slices in different proportions. These guys are bottom up stock pickers so they do…
I am an Investor in GPGOX and GPIOX. I was confused when GPROX was launched as it appeared that there was a large overlap of scope between GPGOX and GPROX. But now I understand GPROX has more names and more diversified and accommodate higher AUM and…
Reply to @VintageFreak:
Okay I have my answer to original question. M* has a bug in their database. Or are ANALysing and coming up with those numbers. It's Holding page for ARCNX is blank. This fund is 100% invested. I don't care to look at PCRIX b…
Reply to @VintageFreak: Bonds are collateral for futures contracts. Again collateral is usually T-bills which M* consider as cash equivalent or they can be TIPS like PCRIX does hold or any relatively safe. If collateral loses value than they need to…
Reply to @Charles:
In retirement plans typically you will see R class of American Funds. R6 is the best. Others are progressively more expensive depending on how much the company paying or not paying for that plan.
I think A shares are either loa…
Reply to @Charles: well that is better than price charts. But still a lot of people lost more in active managers during this time and might be still down. A person with a diversified portfolio has done much better especially. Balanced funds also did…
