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.
One of the T&A Guru at M* forums posted this and there are some responses so far.
http://socialize.morningstar.com/NewSocialize/forums/p/329365/3459468.aspx#3459468
I fully agree with you. 3 months, or even 30 days have become norm these days, instead of at least 3 years.
I give at least 3 years to the core funds that I have chosen. Even that is a small period for a manager to show results. Only a small porti…
I made quite a few changes in the last few weeks. In spite of number of changes, they are all on Satellite kind of funds. My core funds still remain the same.
In the Chronological order
Act 1: Sold PRSNX, and used the proceeds to add to FPACX, SGF…
I sold PAUDX, which I bought over two years. Have been thinking for sometime, whether to hold or reduce it or sold it completely. Went with that last option today.
I am interested in an alternative for PAUDX that can invest anywhere with flexible …
Here is what I posted at M* Fund times.
My VHGEX peformance started deteriorating as soon as they started adding sub-advisors. It has three now and had four until recently. IMHO, V'rd is doing disservice to its investors with its multi-subadvisor …
Invested in VASVX and contributed to VFSTX before this correction started with my rollover money. Still some cash left.
Added to FPACX, SFGIX and ARIVX with the money from PRSNX sale. This was done 8/5, before the correction accelerated.
Reply to @TonyGstring: No, I fogot about it. Since I hold it for a long time, I don't keep track of when it is closeing and opening. My bad.
I moved to ARTKX from OAKIX because ARTKX was a multi-cap fund then, though it was categorized as Internati…
Reply to @ron: "Of course Herro can't be beat as an international mgr. "
Not sure that is correct. I switched to ARTKX from OAKIX long back, in 2006 and happy about it. I compared them on and off and I think ARTKX beat OAKIX generally as well as on …
Reply to @Kenster1_GlobalValue: I remember both you and Trev H on the M* forums touting the value of midcaps. Thanks for the good work you have been doing warning investors (novices, especially) not to performance chase.
Reply to @Maurice: Again, don't want sound disrespectful anyone including Investor, I agree that we should commend people for their honesty in admitting their mistake but what purpose it serves if we are not learning from those mistakes.
The forum …
Reply to @Investor: I am saying/asking this not in any disrespectful manner but why did you invest in OBIOX in the first place and then later repented that mgr as well fund does not have longer track record. Didn't you know that before investing ?
…
Reply to @davidrmoran: No offense to anyone here but the funny things I hear is, 'I am buying this for long term' and then sell it for a few weeks or months of underperformance. I would have heard this statement innumerable times here as well as at…
Other day, somebody was questioning about why GMO is not investing as per their forecast.
To me, their 7 year forecasts vs their actual investing is something that I can loosely co-relate to M* fund rating. One is quatitative/automated, based on ris…
Nothing much to offer, other than posting this that I posted here earlier too.
They have very good track record indeed, starting from predicting bull run in 1982.
He predicted the following, all the based on reversal to the mean
- In 1982, he sa…
Reply to @VintageFreak: This was said many times here as well as M* forums.
I agree with your statement for the funds, where mgrs invested their lifetime savings in it.
There are a few funds/mgrs like that. However, many mgrs invest upto a million …
Reply to @ducrow: When you want to spread 20 funds and that to just with balanced funds, try to create a portfolio of balanced fund with different investment philosophies so that they complement each other. Agree, you might not get 20 funds with dif…
Hey Bee,
How long you have been holding material and miners funds ?
I have been thinking about them but have not bought them yet.
I used to be much more conservative investor before based on my bad experiences in 2000-02 period (the time, I came …
You have not asked but I am giving the following
Glo Allocation: No favorite but held GLBLX in the past as a poor man's substitute for much touted First Eagle, etc. :-)
US based balanced funds: FPACX, PRWCX, OAKBX, VWELX
Sector:
HLTH: PRHSX
Financ…
LG: One of the PrimeCap funds
LB: VDIGX (from the funds that are available to me)
LV: VEIPX (ditto)
Midcap: Never researched for exclusive midcap funds but hold AKREX and VASVX (a new addition)
Smallcap: Never successfully found a good smallcap fund…
ODMAX has fabulous record but it has close to 30B assets.
Moreover, quite a few mgr changes happend in the last 10 years or so.
Do we think that its performance would sustain going forward ?
Is AEMGX not a good fund. Though, it was pretty bad during the last downturn, it has a good long term record.
It is one of the few value oriented EM fund and uses Quant method to select stocks.
VF,
Some Online trading companies offer PIMCO institutional funds as TF funds for no minimum to a very small amount. TDA is an example where I hold PCRIX.
Moved some Rollover money to start a postion in VASVX and added to VFSTX.
Still some funds remain in Money Market. I also have some money left in Roth IRA at TDA too, which I accumulated by taking profits from some funds earlier in the year, which t…
Before I invested in VDIGX in 2006, I considered VCVLX too before opting for VDIGX. I observed it since then, it acts some what similar to Fidelity leveraged fund, volatile, very good in bull markets and very bad in bear markets. I am not very sure …
Not everyone owns those many. Many hold less than 10 and many own more than that due to multiple accounts they hold (401k, rolloever IRAs, Roth IRAs, etc). Multiply it by 2 for people who are married, as their spouses too potentially hold that many …
Concur with Tony.
Since I am mutual fund junkie like most of you here, the first personal finance mag that I read when I go to library is Kiplinger before even I attempt to read Money, Smartmoney (when it was there), etc. IMO, Money is the most bori…
Reply to @msf: Sorry, I missed that out. Anyway, does not apply to me as I fall under Voyager. If I really want TF funds, V'rd is defintely better as they are charing only 20 bucks for each transaction, whereas TDA charges 49. I contemplated moving …
Reply to @Mona: Hi Mona, I spoke to a Vanguard CSR couple of months back to explore merging my TDA accounts into Vanguard. I dropped the idea as Vanguard does not have as many funds as NTF as TDA. For example, Artisan funds are TF at Vanguard. I did…
Reply to @Art: Hi Art, I know about VASVX because Barrow, who used to manage a major portion of VWNFX but it was closed when I wanted to invest in it in the past. Will take a look. Thanks!
Reply to @VintageFreak: That's because it is an index fund. I think most of the institutional investors prefer to invest in index funds to retain control of their allocation.
