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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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?
Interesting thread and some great selections. I own SGENX and I have no reason to change. Plus I'm not a toe-hold investor so no plans to add funds for collection purposes, but out of all these funds mentioned, RPGAX is most interesting to me. I'm p…
@BobC, I can attest to what you see in Columbus. I visit my son and his family north of Columbus a few times a year. In fact I was just there a couple weeks ago watching him in a play at an outdoor setting in a park (Actors' Theater of Columbus I th…
Sorry old-timers ( :) and I say that thinking of myself as one), but in today's world @JoJo26 is exactly right. With all the options available, there is no fund in existence I would pay a fee for today. Maybe in the 60s, 70s or even 80s when A-shar…
@PRESSmUP , that is a great mix of midcaps no doubt. My point, if you built a simpler portfolio and you had only one of those midcaps, which would it be? POAGX you said you love so I'm guessing that one. So if you had conviction in your best choice,…
... How many funds do you need to diverisy your manager risk within an asset category? My thinking is three per asset category you choose to invest in.
Or another answer might be 1 index fund if the goal is to take out manager risk.
My thinking is…
Hi @Puddenhead. Can I ask, what is your attraction to RAANX? Looking at it's portfolio break down, I can't even figure out what "space" this fund fits into let alone if it's in a tough space in time.
FWIW, getting back to the article, I thought it was very good. Basically, there are a whole lot of systems out there other than the strict, yet simple 4% rule. Some strategies give greater assurances then others for your money lasting through-out yo…
@Tony, I think there would be interest. If you notice in the "what are you buying/selling/pondering" post old_skeet puts out, some are buying at the same time as some are selling. Some based on analysis I suppose but maybe more based on emotion. You…
Thanks for the update old_skeet. Mid year seems like a good time to evaluate a portfolio.
My 401k and IRA are basically split in 2 portfolios. Half the money is in a Schwab "Intelligent" robo-portfolio which is rebalanced to about a 62:38 mix of eq…
I don't know if strategy between PDI and PIMIX is similar, but just looking at trends on a chart, it looks like one (PDI) is much much more volatile. So if similar in strategy, the implementation of the strategy must definitely be different. Though …
I use M* (non-premium) mostly because it's quick and easy to build many comparative portfolios with their instant xray tool and also through my T. Rowe Price account for the M* premium portfolio tools... plus the tools at Schwab through that account.
I bought into PTIAX almost 2 years ago when muni's were hot. I don't believe that will be the case moving forward. I did see where management still believes muni's are a good place to be going forward (apparently still at a high percentage), fwiw. I…
Don't mean to speak for Hank, but ...because I'm nowhere near informed enough ab(out) your particular circumstances to make any really meaningful suggestions." just shouts out to me, "and obviously neither is anyone else". Maybe it's just the way y…
I felt the Pud was making this post to create discussion on the board as many of us have done. Nothing more ... nothing less.
That was in the back of my mine too skeeter, but the post was confusing and open to interpretation. Does the guy want to in…
FWIW, PFIDX (low duration income fund) is another PIMCO fund co-managed by Ivascyn that I've been using. Similar return over the past year as PONDX with 1/2 the duration and maturity. Similar foreign allocation also. I don't know if this fund will b…
I'd go with TRP website. Like others, I never remember it holding that much foreign. I disagree and think it is a balanced domestic fund for the most part. Definitely not global allocation.
http://www3.troweprice.com/fb2/fbkweb/composition.do?tick…
It's hard to tell what you are asking. You want to invest only until end of year and you want to hit a single, double, home run? With that statement you are willing to lose principle, possibly a lot of principle. If you want guaranteed return and sl…
My money would be (and is) with PONDX. I followed the herd into PONDX years ago when I believe bee first started talking about it here at MFO (thank you bee :) ). I was in PTIAX for a while, but because of it's heavy reliance on Munis which is refle…
@ I have health insurance through my pension fund, and have no need for individual policies.
Regards,
Ted
I'm guessing the same statement is echoed in the chambers of the Senate and the Congress.
Oh boy, I hope Ted doesn't read this post. Otherwise, it's the gallows for you !!
Um, that would be the woodshed by Ted's lingo, not the gallows.
I personally see no need for 20+ funds but ultimately, fundly, you are correct.
I didn't know enough about the topic for a yea-ney, so with the magic of Google I tried to find the pro's and con's. Basically, to me, it just looks like a typical trump administration move to put long term caution aside for gains today. Give the ba…
...for people who are up against it with debt, going through some kind of finance-related trauma, just trying to get along financially without much experience, she's got a halfway decent schtick for for those folks.
@AndyJ, you may or may not be c…
@VintageFreak , I respect your ANALysis and your need to buy only at the 'right time', but me thinks you sometimes over-think things.
I don't own PVFIX, but I do own ICMBX which has a similar tract record and small-mid stock value mandate. I'm not…
@expatsp , thank you for sharing your learnings. I also bought the fund at inception but had a much shorter leash. I don't remember the exact timing, but I believe I sold it after a couple years.
Berkowitz was heralded as a great fund manager being…
275LB_NY_MCPO, your rapid fire, continuous posts seem to be crying out for attention. What is it that you did anyway. Quite honestly, I have know idea what your career path was from your posts. Is it something 300 million+ other Americans should hav…
One thing I've been wondering about regarding Muni's is how or if they would be affected with the Trump tax cuts coupled with his huge federal money spending cuts. Seems like states and/or localities would have to raise their taxes significantly if …
Learn to understand this flaw in our wiring. The knowledge that you can control your emotional responses and behavioral choices is a huge advantage over the course of your life.
Put some serious thought into this one. I guarantee it will be worth…
Saudi Arabia apparently doesn't believe he'll be removed. Yesterday they committed to funding a $40 Billion Blackstone infrastructure fund.
@hank, SA likely knows, like everyone else in this world, an infrastructure plan must happen in the US soone…
Hi @dryflower, @slick, I've had my eye on a HC REIT also, QCP. FWIW, Schwab gives QCP an A rating/ strongly outperform/ buy, where as they give OHI a D rating/ underperform/sell. I'm not a savvy enough stock picker to compare details on my own so I …
GLRBX down 1.06% yesterday. Eh, not impressed for a 50/50 equity/bond split fund.
Kind of makes sense. I believe small and mid caps were down about 2x that amount.
Please tell me when I should have sold.
As the Geico guy says, 15 minutes ago.
But seriously, I owned this fund in the 2007-2009, maybe 2010 range. I sold it because I was tired of reading the same old doom and gloom commentaries as the market was…
