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.
Support MFO
Donate through PayPal
MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
Hey all,,,, let's use a bit of discretion about the links we post...Why take up space with links that add nothing to the board. Addding "value" would be a few posts per day, not a constant barrage of noise.
Discretion by who's scale, yours? Value is…
@Ted, I know you are big fan of these funds... (joking). Actually a decent article I think.
I see "most" alternative funds as a marketing gimmick myself, but it will be interesting to see, if this pullback persists, how the majority of these funds …
The numbers in the article for the Schwab robo seem accurate based on my own Intelligent Portfolio. Maybe a little higher then my actual return. My portfolio is about 62:26:12, eq:bonds:cash. I continue to bench mark my robo to make sure it is doing…
Blockchain is not the same as Bitcoin. The reference to Vanguard is about Blockchain. If my vague understanding is correct, Blockchain is a technology or platform that the cryptocurrency product "Bit coin" uses.
I also believe cryptocurrency is the…
I'm on the same page as rono and Gary. Took more profits from a few stocks that have done well, Visa, Valero Energy and Alibaba. I just don't think this is the time to be adding, short term anyway.
@rono, always liked the institution, Michigan Sta…
@hank, I wonder if the Bloomberg lady is aware of the phrase, catch a falling knife. I won't be putting new cash to work at this point. It will be interesting to read the buy-sell-ponder post this month to see if I'm in the minority on that thought.
Agree with dickson on Cobra. I was in-between jobs at the start of 2014 and had to use it. The loop hole on Cobra is you don't have to pay until the 4th month starts. Go 3 months or less and it's basically free. Start that 4th month and you have to …
The health care sector has to change, or does it. I don't think the collaboration between Amazon. JPM and BRK is going to amount to much. It's been tried before unsuccessfully, but it makes a good statement. What it may do is push government to make…
msf, I never heard of the annuity loophole before. Here is another article that explains I think a bit clearer.
https://www.personalcapital.com/blog/retirement-planning/can-withdraw-401k-ira-penalty-free/
@Thurston_Howell_IV, if you are in your early 50's, aren't you going to have to pay a 10% penalty on top of taxes from the IRA/401K? Or am I misunderstanding where you are taking money from. Also, if you are working within the tax deferred accounts…
I wouldn't worry to much about the dollar @Hank . Sounds Like the president has a handle on the direction he would like to steer it. And I can guarantee you one of his thoughts will be correct.
In 2017:
President-elect Donald Trump told the Wall St…
Dynamic Multifactor sounds a lot cooler than just Momentum Factor. I think that one will certainly get more people to buy (says the marketing team).
They do make it sound so "this will certainly work to enhance your returns". Don't they? They may …
I don't do anything fancy with bond fund choices and I'm not smart enough to move to the trending bond types, so I stick with 2 funds MAINX and PONDX, close my eyes and hope for the best.
davidrmoran , I'm not doing any correlations. Just using the Backtest Portfolio option to compare. With that it gives growth of $10k, stdev and a few other things.
@PBKCM, love using portfolio visualizer!
I inputted your 3 some and compared it to AOA, which by the way is not a very good comparison at 80% equities since your 3-some ends up being about 65% equity after the L/S thing gets figured out. You were …
Obviously the need for these funds is subjective. My subjectivity agrees with @Ted's. Over time I just don't see these funds, as a category, doing better than a moderate or even conservative balanced fund. There may be one that shines over some time…
@ Maurice makes an excellent call here. It is also my recollection that FAIRX early on was very heavy in BRK. So basically, Berkowitz's success was to ride the coat tails of maybe the greatest investor of all time. You could call FAIRX a focused fun…
Gotcha @Crash. You already know all this. But for those of us that are close to and planning, it's always good to hear, whether for the 1st time, 2nd 3rd...
I moved some DSENX into DLEUX a few months ago, a small amount to start. My thought was; I like the CAPE theory, so if there is better value in Europe then CAPE should work well there. Maybe better than US.
If I compare the US version to Europe, T…
http://troweprice.gallery.video/myretirementtv/detail/videos/planning/video/5249701041001/medicare-tomorrow-and-what-to-do-today?autoStart=true
Oh gosh, sorry. Here it is.
Indeed, it seems you might need to recruit a new canoe crew if they continue to falter as a team. Perhaps, a new team leader might be the first step.
Old_skeet, 2 different investment concepts working in opposing directions is not a team. It is a be…
@Crash, I know this has been discussed here before and the consensus pretty much is if this money is in a tax deferred account, it is total return that matters not the dividends. These higher yield dividends you seek are incidental unless they trans…
Two men in a canoe rowing in opposite directions goes no where. Three men rowing, 1 in one direction (value investing), 1 in the opposite (momentum investing) and the 3rd can't decide who's interpreted the compass correctly works to keep the canoe f…
@Old_Skeet, I'm a little confused. Isn't buying the Utility sector when out of favor the direct opposite of your buying the lead dog(s) sector philosophy you proscribed too in a different post?
+1... what JoJo said.
I personally think we all at some point try to over think our investments or lose faith in an investing philosophy that made perfect sense for a while. Human nature I guess. FMIJX may very well under-perform it's peers in 2018…
I think you make a good point @BrianW. Are the odds better for a correction or for the market to continue up indefinitely? That's really what you would be betting on by hedging to a more aggressive fund. I understand the hedge, just that it may be t…
This sounds great!!! What can can go wrong?
This fund takes those vanilla investments, adds a dollop of exposure to racier asset classes that have historically generated higher income, sprinkles in some leverage and, voila, investors get a fund that…
