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If I were making such an investment today I would choose MSFBX.
Too rich for Mrs. Ruffles’s blood - suffered a 40% drawdown in 2008-09
Not according to Yahoo, MSFBX has been steady from the data I have seen.
https://finance.yahoo.com/quote/MSFBX…
Likewise, I neglected to mention that even IRAs inherited from the same person can't be combined if they are of different types. However, there may still be a way to combine accounts (again, assuming inherited from the same person), because some o…
I know I can’t avoid a drawdown but I want to try and keep it manageable to one that will recover in a reasonable amount of time. While this account is a tiny portion of her portfolio, she doesn’t like seeing the balance drop precipitously. She’s h…
While I'm a fan of using standardized periods (e.g. calendar years) for comparing funds because it prevents cherry picking, when it comes to looking at one fund's performance cherry picking may be what one wants. For example, one disregards year (…
The thread you cited was mine. Wow, did I make it confusing!
First, as others commented, all you need do is open the IRA account at the broker and fill out a form to have them initiate a transfer of the money from TRP.
We can really stop there,…
A pretty obvious academic exercise, but basically a straw man.
The key, here, is the ... sentence: once a portfolio is going to be rebalanced every year, the impact of decision rules is made null and void and the buckets are essentially just an asse…
Let's grant for the moment that a comparison between one year performance and eight year performance is unbiased. By this premise, when investing for the long term (say, at least four years), one need only look at a fund's most recent performance.…
Sure I can sell shares but there are no guaranties that I will always be selling them at an advantage.
Whether you sell or not, that's effectively what's happening when a fund pays a dividend. Generally when funds receive dividends and interest fr…
Curiously, I ran across this family in looking at SCG funds that market themselves as value funds. That came up in another thread.
Comparing Virtus KAR Small-Cap Value Fund's (PQSAX) prospectus with this one shows how worthless stated strategies …
Looking at this from the perspective of a single bond may help. When you buy a bond, you lock in a total return to maturity. In some sense, it doesn't matter what market rates or prices do.
Think of a 1 year bond that pays 2% interest at maturit…
(Filing excerpt from Shadow) These changes will be effective on or about September 29, 2020
(my comment) even if you stay with the fund, you'll get the lower yield of a government MMF
The changes are still officially a week away, and sure enough th…
IAFMX was formerly the Cognios Large Cap Growth Fund.Thanks. This confirms that the fund started 10/3/16, though it subsequently went through at least a name change.
Note that there is enough predecessor history as reported in an early N1/A filing…
Why not just use QQQ which beats it for 1-3-5 years.
I didn't realize that IAFMX had been around that long. Shadow's prospectus gives the inception date as 10/03/16. What's its five year annualized performance? Do you have some incubator numbe…
As FD1K noted, a cursory look suggests that there is nothing particularly special here, just a small, concentrated, expensive fund with several of the usual suspects.
So what's unusual? High turnover. M* reports 139%. The prospectus Shadow pro…
Different doesn't mean better, though it can provide diversification. On the day, GPGCX underperformed every other Grandeur Peak fund, peer or not. Again, this is why one doesn't look at short term performance.
[ Edit: my error, GPMCX did worse,…
Looks to have limited downside protection. -2.09 todayRight in line with MSCI AC Small Cap Growth, down 2.10% today.
https://www.msci.com/end-of-day-data-search
(Market is all country, size is small cap, and style is none, growth, or value)
AC …
There's always a risk in putting too much stock (no pun intended) in short term results.
Like most funds in this category, GPGCX's portfolio is currently growth leaning. Much less so than its better performing siblings in this category (GPMCX, GPGI…
TikTok was like, "huh? We never agreed to that.
Trump, who had previously called on companies such as Oracle and Walmart to pay the United States a "fee" to participate in the TikTok deal, said there would also be a $5 billion U.S. education fund as…
After DB, which accounted for over half of the $2B in flagged (not necessarily illegal) transactions comes JPMorgan (since acquired by Chase JPM) accounting for 1/4 ($500B) of the flagged transactions. No other bank comes close. A UK bank, Stand…
Between my 4 international funds the holdings in Germany is well below what the size of Germany’s GDP and population would suggest
Say what? Population? Germany has 1% of the world's population. Which of your four funds has well below 1% of as…
There is a reason that international mutual funds don’t hold a high percentage of German companies as compared to their British, French, Swiss and Japanese holdings.
Given that Japan's market is 3x the size of Germany's, there might be another exp…
Fidelity used to be better at closing funds. At least it gave the appearance of trying.
FCNTX was closed from April 3, 1998 to Dec 15, 2000 (it had around $35B AUM at the time). Fidelity closed the fund again from April 28, 2006 to Dec 15, 2008…
Clickbait. Apparently the original headline read as John posted (up 35%). The text reads: "So far this year, RiverPark Long/Short Opportunity (ticker: RLSFX) is up 36.6%".
Online, Barron's had to change the headline: "This Stock Fund Has Soared…
Sometimes things weren't quite as we remember them. Stein Roe was acquired by Liberty (now Columbia), not by Strong. Dick Weiss did move from Stein Roe to Strong, but by switching funds, not by acquisition.
Former Stein Roe employees say that whe…
@WABAC
Depends on the size of the house. I've seen many homes cut up six ways from Sunday. Typically in college towns. But it probably happens elsewhere too.
Interesting interpretation. Though if that's what's meant by the number of units "in si…
While I'm not unsympathetic to the plight of mom-and-pop landlords, the thesis of the article is not well supported by the facts presented. The thesis being that it is the ban on evictions that is "threatening the livelihood of millions of landlor…
Yes, capitalism is the only game in town. Yes, presumably, we are all investors here, or people wanting to learn how to be smart about it.
But Bernie is not an extremist. He wants universal health care.
Contrary to common misconceptions, universal …
Dick Weiss. Now that's a name I haven't heard in a long time. In the 90s (and somewhat beyond), he managed Strong Opportunity, a good midcap value fund. It became Wells Opportunity when Wells Fargo acquired Strong Funds.
Here's a 1999 M* Fu…
The original OP mentioned tax efficiency. That’s where I stepped off ship as my investing is 95+% in tax sheltered vehicles. But I’d be remiss not to mention that the Lipper analytics which can be accessed through Reuter’s and some other venues do…
While I think this move is good for investors, something will be changing. The objective is to: "(ii) increase each Fund’s potential asset base" via FPA's marketing, or as the proxy statement puts it, by accessing "more distribution channels via FP…
The Census Bureau has continued its Household Pulse Survey past the planned end date at Week 12. It has started a "Phase 2" survey, starting with Week 13. As it notes in its documentation, while it uses the term "week" for continuity, the last su…
From the PRESIDENT: Voting twice is a felony. I guess the tRumpster ought to have checked with someone who KNOWS something? It's also a crime to encourage others to do it!
https://www.cnbc.com/2020/09/02/trump-encourages-north-carolina-residents-t…
A side note, since you equated "free" with "unrestricted use". A copyright owner may, without charge, give someone the right to read copyrighted material. That's different from giving someone an unrestricted license to reproduce, retransmit, or …
You can get bunch of agents that makes cars smell good and these also has amount of addictive stimulants in them;
We drive our car so infrequently that after three years it still has that "new car smell". So now I know why we so much look forward…
Could be an interesting fund, but seeing that it is "dynamic", it may not be what the OP is looking for. M* shows a significant style drift, from large cap growth in 2017 to mid cap blend (2018) to its current mid cap value. That's likely by des…
He even casts a shadow, unlike the un-dead Trump
Well now you've gone and done it. You wanted to compare Trump with Hitler, that was fine They didn't personally get their hands dirty. It's not as though you see Trump wandering 5th Avenue these …
CeicilJK... I was thinking about this, does anyone else know that old skeets real name is Cecil? I know he likes to speak in the 3rd party, but...
I'd been debating about posting on this. Anonymity is a double edged sword. It makes it somewhat ea…
If you play with this chart:.......FLPSX,IJH,NAESX.....
https://stockcharts.com/freecharts/perf.php?FLPSX,IJH,NAESX
FLPSX performed well PRIOR to 2005 but after that, for the last 15 years, it has been an index hugger. You may want to correct t…
