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.
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STB65
Is RNCOX worth holding?
After looking at the M* 1 and 3 year numbers on this fund with its ER of 2.22%, I wonder if it's time to give up on it. It was once recommended as a core holding, but I'm not sure it's worth its cost.
Is anyone holding it with confidence?
You are all a bit too sophisticated for me.
In the past weeks/months, based on comments here, bought a bit of MFLDX and WBLRX (but this seems like the ideal day for a positive return for a L/S fund, and Whitebox wasn't positive, which I'd hoped for…
Bailed on TRAMX after several years. Probably best to find large companies opening and selling stock in an African subsidiary, but I just don't have the time.
Assuming that labor force participation rate remains stable, if the economy improves, is not logical. More people will again try to find work. With 2014 being an election year, I suspect political pressures will affect the Fed, despite its hoped for…
Put in the quote, then the link after it. It is too important to omit.
I just returned from visiting my 98 yo father who held his best Army friend in his arms as he died from a sniper's bullet in Italy, and I missed the photo op as his 7 month old…
The column is sensible, but few MFO readers are likely to pile in to such a fund. Is Ritholtz worth reading, since I don't have much time?
One of the links I gave information to generated a "cold call" in the middle of my working day last week. He d…
Wish I were 40 again, knowing what I know now.
Investors in their forties should worry about fees; those in their sixties (probably, seventies for sure), about fund managers.
Oracle recommends good funds, but I'm not sure you need to be defensive at…
No, I don't know, but I thought Sears main appeal was its real estate. If Lambert is selling that off, the stock loses appeal. I assume Bruce B. is smarter than I am and I hope he has sold enough to compensate, since he has my biggest mutual fund ho…
I am recurrently happy that the embryo static line (thanks, Dennis Miller, one of your best all-time comments) dropped me off in the US of A. Admittedly, we have the best government money can buy (while many other countries have government purchased…
It would be helpful for links such as this and many, many others, to note that one needs to be a subscriber to the content provider (in this case, the WSJ) to read the article. I do appreciate the attached comment, which I presume provides the salie…
Invested in this fund before the housing bubble related market collapse, and it never returned to baseline while other funds did or almost did; so I gave up a couple of years ago. Thought a Kiplinger mag columnist would treat me better, but even the…
Having invested a portion of my son's Roth IRA in this fund before the crash (primarily relying on the impression of others that Delafield was a manager to rely on, and wanting a small cap component), I have yet to see it break even, despite the cha…
I agree that the expenses should be reported correctly by M*, and kevindow correctly points out the costs of shorting and leverage, but I was under the impression this was run along a hedge fund "model" without the "2+20" cost and the multi-million …
High quality farmland would have won, if you'd had the money, but you'd be dead now.
Classic autos before 1920 would trump farmland, but you have to find the buyer, and you'd have to have purchased them after you were alive and had money (or you'd …
Reply to @Old_Joe: There's really a Whack-O certifying service?
Did it cost you money (aside from stock market losses)?
If it's free, I might want a certificate.
If Allscripts' electronic medical record is any indication of the company's competence, don't buy in. (Chart is deservedly terrible.) It rates below median in all the studies I've seen. BDX has been often recommended and Omnicare preys on nursing ho…
Hilarious? Seems an overly enthusiastic adjective, but I never took an economics course - which I now realize was an egregious oversight (maybe should have taken 2 or even 4). I did sign up for the weekly email under a semi-assumed name. Guess we'll…
My concession to this pattern is to direct my monthly 403b funds to cash from May until Sept. (well, maybe Aug.) then try to guess which areas will do well the next 6 months. Since I'm pretty much limited to Fidelity funds, this gets more complicate…
As an impending retiree, not that there's anything wrong with geriatric bagboys, do you (1) have a particular interval for realignment of your funds, (2) have a favored, reliable site for selecting the best-performing recent funds for the intervals?…
While I don't think my SS will pay slip fees for a yacht of significant size, I've always counted it as part of the "bond portion" of my portfolio, even if it's not inheritable. Years ago I even read an article (reference forgotten a few years later…
Who knows?
Barron's this week says maybe gold miners have fallen low enough to be worth a look. China seems to be slowing; India reportedly (Barron's again) is worse, and they buy the commodities. If I were doubling or quadrupling my investment, I'd…
FWIW, I split my TBGVX 50-50 with TBCUX, which is unhedged against the dollar with the same managers, when it became available; and it seems to have done better, according to my TDA percentage gains. Guess it's a dollar plus EM bet.
TRP has a decent reputation and fairly good funds. Depends on how much your local investor charges and what his/her track record is. If TRP is free, you don't have to follow the advice, but it seems you lose little asking for it.
KMR has done well for me in an IRA, where it's allowed, and M* likes it. MLPAX has had a big jump lately, but it earned about 25% over the first 3 years (30% now) and is allowed in IRA's and was designed to avoid the tax paperwork. So far, I haven't…
After owning TBGVX for 15 or more years, I split half into the unhedged TBCUX, which has done better since it was offered (according to my TDA reports). Same management team, but less dependent on the dollar's strength. Depends on your view of the c…
Well, you could always go to Northern Sun and buy the bumper sticker: "Do you keep hearing crazy voices? Turn off Fox news." I've personally never had the courage to post it in the company lounge, and someone might ram your car, so maybe it's a non-…
Having invested in the initial GP fund near it's inception (up 19% so far), I'm not sure why a new fund is necessary. I'd have been satisfied with a slight shift in their investment focus. Looks like a fees grab to me. OTOH, that's probably why "yo…
The low relative reimbursement of primary care physicians (difficult to do primary care if your medical school debt was $100K) means we will have more physician assistants, like my daughter, whom I would trust, because the GPA of her PA class exceed…
As I understand it, the British medical system has 2 levels, one providing good basic care, which may require long waits for expensive services, such as hip replacements, and a "private" relatively parallel system for those who can afford it. There …
Some rights are fairly inexpensive. Free speech isn't entirely free if it encourages riots, the murder of minorities, etc., but it's fairly inexpensive. The right to bear arms costs several thousand lives a year, and the cost of guns varies.
Other…
Some rights are fairly inexpensive. Free speech isn't entirely free if it encourages riots, the murder of minorities, etc., but it's fairly inexpensive. The right to bear arms costs several thousand lives a year, and the cost of guns varies.
Other…
AMDWX has been so tax efficient the past 3 years that it hasn't even sent me a 1099s. Of course, $10K made $400 and change while ARTKX made over $4K. Time to cancel my AIP in AMDWX. Sextant is the same family. This may not be the time for Islamic in…
If I had money that I was only going to leave to my heirs, I'd put part of it in Berkshire Hathaway, even with Buffett's inevitable retirement or death. Presumably tax efficient and good companies even if Buffet isn't around. BBALX also seems to rea…
Elevator pitch (no matter what it's called) is interesting, albeit dubious if this becomes a commercial product. Mr. Kerr's comment is appropriate until his comment on ytd performance (geez, it's mid February; occasionally I look good on 2-14 - in …
