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?
Matthews, in my opinion, is still the cream of the Asia funds, so I don't see where over rated applies. If there is a problem with the fund family itself, I think they just have to many funds in their stable. How much can you slice and dice a geogra…
@bee, great post. Your musing, I think, defines most investors from FundAlarm to MFO, especially me. But like you my goal now is to simplify, influenced by those like @Hank.
I gave 1/2 my nest-egg to Schwab and their robo-portfolio format... done,…
I try very hard to align my financial life around companies that have brick and mortar presence where I can walk in and talk to a human eye to eye. The difference in walking in a door and talking to a person compared to talking to who-knows-who on …
* I also believe the group that sees increasing trends in inflation and so, interest rates. So my bond allocation is heavily favored towards bank loan and TIP funds, PFIDX, SAMBX, SCHP and ACITX. I also have a good stake in PTIAX. I'm hoping PTIAX's…
I would say DSENX is a mix of a quant system on the equity side and human managed on the fixed income part, which by M*'s numbers is around 40%. Which confuses the heck out of me why it is in the equity large value category with a bench mark of S&am…
...and because he personally owns soft targets all over the world. What's going to happen when ISIS hits his hotels? .
Oh my gosh, I did not think about that, but what a likely target for terrorists exploiting their pathetic deeds. Will he react e…
At 2 1/2% of total portfolio, I don't think it will change anything if moving from one Total Return bond fund to another. If Total Return funds drop say 10% next year, that only moves your portfolio 0.25%. Do you need a domestic core bond fund. Cert…
...My, some memories are very short.
Joe, are you still blaming the most incompetent president in modern history, George Bush, and the 8 years of a Republican administration who blindly let the economy slide into the worst economic catastrophe sinc…
Gee, I wonder if Gate's endorsement was unbiased since he, along with other endorsers get a paycheck from Tillerson's company. Trump isn't draining the swamp. He is bringing in his own alligators.
Condoleezza Rice, Robert Gates, Stephen Hadley and …
Don't know why this phrase keeps popping into my head since the election:
"There's a sucker born every minute" is a phrase closely associated with P. T. Barnum, an American showman of the mid-19th century...
Thanks for the info Bee. To me, my HSA account is the best "retirement" account I own. No tax in, no tax out. Right now my HSA is in a Federal Credit Union account making minuscule savings account interest rates. I may look closer at some of the opt…
...some MFO members are trying to find bond funds that fit where the economy "appears for the moment"...
...done some changes, like dumping DBLTX for GIBIX, rebuying some OSTIX recently and adding some interim corporate bond funds in 2016...
...don…
Thanks for the Muni update TSP_Transfer . I bought into PTIAX last year because of it's strong performance fueled by Munis. But over the last month or two I'm believing, as your information reiterates and our own Junkster has said, that ride may be …
All guess work I know, but might it be better to stay in a money market account or a CD ladder during rising rates? Part of me thinks buying short term bonds just means you are willing to lose less that if in long term bonds. Both will lose. At leas…
The psychological aspect of investing was probably the driving force for me to put a big chunk of my IRA into the Schwab robo-portfolio. In retrospect, I now know my greatest fund ideas and timing the market ideas put me behind a steady-eddie portfo…
IF I wanted Hussman to control some of my money (which I do not), I'd be more incline to go with a 50:50 mix of HSRTX:HSRTX... but only if I thought Hussman was a decent fund manager (which I do not).
Different strokes for different folks.
JohnChisum : John's comment ...get together like the indians and the pilgrims did on Thanksgiving and count our blessings. made me remember and smile about the things we saw in our grammar school history books as children and the unshaken beliefs w…
Hi expatsp. Philosophical? Probably not that deep. Just a matter of individual preference and/or comfort. Re-balancing index type funds or ETFs has a lot of followers and detractors as does using 'risk adjusted' return managed funds like FPACX (whic…
I'm not so sure. Where I live people have been leasing Toyota Camry's for $199 no money down for 3 years for last 2 years now.
Hi VF. $199 no money down sounds about right for the SE model which I think is 1 step up from the basic (LE?). When I bou…
Derf, I bought the 12k miles/year (36k total) mileage package. That should work out well for me even taking a few trips a year to Pittsburgh and Columbus where my 2 boys live. I can see where 20k miles a year takes you out of the leasing option. But…
I leased this year instead of buying. Everybody has different circumstances, but my thoughts and what I found were:
- been driving small pick-ups for 20 years. if I don't like the sedan-Camry I was leasing, I can change again after 3 years. Buying a…
Not sure how Obama drew decisive lines, but I've heard that from others too. Probably said by hate radio pundits and picked up by viewers is my guess. There is a huge division between people who want things to be like the old days where minorities …
I started buying TIPs and Bank Loan bond funds about 4-5 months ago because of inevitable inflation. Added to it this week due to the Trump election. When a candidate goes free-wheeling about tearing up trade agreements and tariffs, sky rocketing in…
Hank, I'm actually going to free up some money today to move back into PRPFX. Haven't owned it for about 5 years, but with how things have played out this week I think PRPFX with it's gold and Swiss Frank allotment plus the commodities sector may be…
Sold some of my PTIAX bond fund and put the $ into PFIDX. I have a good chunk in PTIAX and I'm getting uncomfortable with the large allocation to Munis. PFIDX is a non-conventional bond fund that has held up better than most the last 3 months. Like …
FWIW: this is a Schwab commentary on the suprize election results.
The bottom line: We suggest investors ignore the noise while the dust settles and stick to their long-term asset allocations. Volatility is likely to be extreme. Reacting emotionally…
Hi Crash. I use PTIAX as my only multi-sector bond fund. It's been riding the municipal bond category for quite a while making its longer term returns look really good, but not sure it is the best choice now. I really don't think any of these funds …
Thanks for that davidrmoran.
My favorite line in the article is this:
But Obamacare kills jobs! Talk radio says so!
Amazing so many 'usually' intelligent people rely on divisive opinion programs that are only geared to selling advertising and maki…
Been adding to TIPS and Senior Loans, SRLN, BKLN, SCHP, ACITX.
Also took a small gamble on Valeant stock yesterday, VRX. I did hear in another thread here that health care companies aren't price gouging. Made me feel better about the buy... (a lit…
John, I got into the Schwab-robo in April, 2015. duranal sounds like he or she did a nice comparison to help him choose. Me, I already had my IRA at Schwab so I wasn't going to open another account when it was so easy to click some buttons in my exi…
I call it horrible, just horrible. Nobody in Western NY would pick Sweet Tarts as their favorite candy. Must be those NY City types. Of course, you Californians got screwed too. Lifesavers???