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.
I read #6 with particular interest, because---for once--- it specifically applies to me and wifey. (Except that it doesn't apply to Trad. IRA accounts. I can't find any reference to cost-basis of shares held in my Trad. IRA accounts---> the lion'…
".... I made an error with a single position that weighed down returns by a bit over 1% during the quarter...." Refreshingly direct and candid. I own this fund, and when I have the cash to spare, I'll be adding to my position.
Quoting: "The managers of faith-based funds typically aren't theologians—they often rely on advisory boards or paid services to establish the screens for them. Managers then pick stocks within those limitations."
That's hysterical. I'm dumbfounded,…
The Austin Lounge Lizards had a lotta fun with that monniker in a song they titled "The Golden Triangle." I've looked and looked, but the lyrics are not posted anywhere. Sad.
Interviewed once in Galveston. They chose the other guy, instead. Year later, a devastating hurricane. In Texas City on the mainland, you can smell the nat gas and oil everywhere. The nearby "Golden Triangle's" three points are Beaumont-Port Arthur…
There's interesting stuff here, yet enough of it is sufficiently contradictory so as to leave the reader simply wondering if doing nothing is the best option. I just used M* Instant X-Ray on my portfolio, which I do every once in a while:
Cash 2%
US…
Quoting you, MrDarcey: "It's important to note that many people who work are eligible for means-tested federal benefits. In my opinion, the problem isn't that the government gives away means-tested aid. As someone alluded above, it's that the econom…
What's wrong? What's NOT wrong? I know I sound extreme to some. We are quite literally living in Orwell's 1984. People just don't want to admit it. The American sheeple are easily controlled and manipulated by the politicians. False dichotomies are …
Yup, and there are other advantages to the credit union. Some, like my wife's, at work, offer free checks FOR LIFE. Just don't bounce anything, and expenses are pretty much nil.
Barron's on EM:
http://blogs.barrons.com/emergingmarketsdaily/2013/10/18/em-fund-survey-like-russia-dislike-south-africa-prefer-north-asia-to-asean/?mod=BOLBlog?mod=BOL_article_full_blog_em
Basic and simple. I like it, Skeeter. I continue to reinvest all earnings. It's a passive way to dollar-cost-average your way into purchasing supplemental shares. The dips make me smile, because I know the price tag for those new shares is lower tha…
Reply to @Mark: Yes, I must admit, there have been places and instances where I learned the lesson the hard way. "When in Rome..." I'm thinking particularly of Asia. On the other hand, in Asia, when (for example) my food order was screwed up, the Ma…
That's cause to smile and be glad, for a change. I own a lot of bonds, and mostly of poor quality. PREMX, MAINX, DLFNX -----and MAPOX is a balanced fund with both equities and bonds.
DLFNX = 2.49% of my total portfolio. It is just a hair away now …