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?
Junkster, in keeping with your system, why not just put a sell order in for that 10% with tight limits instead of letting 10% go on bad vibes? Even tightening to a half or quarter % drop might do the trick w/ in your system.
Heezsafe, the fund started in 2012 (or there abouts) Where are you getting that quote.
The fund has been great the last year and a half I've held it. But Dave, as you say, wtf.
In the small percentage of my portfolio that I play with, I've adopted the Junkster method. Ride your winner until it's not. Basically you set a sell percentage from recent high. If you decide you will only except a 3% drop in return, consistently a…
Patience Grasshopper. From my calculations, the S&P500 is only off 5.6% from it's high. Barely a pull back.
I transferred most of my 401k to an IRA back in August and told myself I would DCA equal amounts to be fully invested in my planned por…
Nothing does well in flat markets. I wouldn't buy one of these funds only because markets are going down. These funds will go down too, albeit less (maybe).
In my mind, the only reason to own them is to get adequate returns over a market cycle with…
I go back and forth in my mind on these 'alternative hedging' funds. But I think, Ted, comparing them to an all equity index misses the point why people by them.
I own one such fund, RGHVX. My goal is to get equity like returns or even be okay wit…
VF, I'm not seeing what you are apparently seeing. Seems like an okay article to me. Just giving some of the worst performing funds in poor performing sectors, small caps, commodities and EM bonds. I'm missing the Allianz mouth piece thing.
Anyway,…
If I had billions dollars like Mr. Buffett and would still have billions of dollars even after a 50% equity drop, I probably wouldn't worry about tempering my portfolio with bonds either. But the fact is they do make sense for most people, especiall…
Thanks Junkster. I've been in PZA for a while. I know you prefer the funds. Figured I could get in and out of PZA easier then a mutual fund, but still using your method with a stop set at 2% from recent high.
Looking forward to David's commentary, but if HAUBX is what the new fund could be like, looks like more gross-mediocrity, pun intended. There are just better funds in this category out there.
I'm still amazed at all the publicity Gross's move and h…
rjb112, not sure now where I saw the 65% rank. I must have been confused. Looking now I see PTTRX ranked 40% in it's category under 5 year returns. Still mediocre but not horrible.
p.s. why is the 'Rank in Category' data missing in your print?
What am I missing? Why are people so enamored with Gross opening a new fund? Isn't this the same guy who has guided the PIMCO Total Return fund to mediocrity with some pretty bad calls in the last 5 years? Per M*, 65% of all intermediate-bond funds …
I know I'm not going to out-invest Berkowitz in the long run. I'll venture a guess and say know one on this board will do so. So, that is why I hold onto FAAFX. It's only 5% of my portfolio. I sit back and listen to the death-watch of Sears, St. Joe…
My employer first offered the 401k plan when I was about 24ish and we were limited to a once a year contribution through our yearly bonus plan. There were no weekly or bi-weekly pay check contributions. And when you have a young family, giving up an…
I would not hold on to a 3 alarm fund myself. I think that is the point of the alarm, to help an investor eliminate the emotional attachment smell the roses.
...water will be metered and paid for, now. It's the dumbest shit ever.
Hi Crash. Where I live in NY state, there is a water meter on very house or building and we pay for water used. Water is pumped out of Lake Ontario and purified at different sta…
Thanks junkster, and what you discribed is clear. The "art" of investing is pretty much why I've decided to only experiment with about 10% of my portfolio for now. The other 90% will be "safely" tucked into more of a b&h portfolio with more of t…
Junkster, I'm trying to understand your successful methodology. You are looking to sell funds that are at their highs, I'm guessing on the 'prospect' that they could fall with other income funds. Isn't that contrary to your success? I thought that y…
Scott said: I think they're going to cut and run, it's just human nature... It does fascinate me when fund managers are surprised and upset at retail investors who run for the exits during a downturn...
Scott, I think you are right-on. This is such …
Why is it any different in your later years than in your younger years if you have the appropriate risk-reward allocation? There are a ton of retired investors who pulled their money out of the market during the great recession and never went back i…
I would say volatility leads to risk for many investors. People are more incline to sell off on volatile funds than on less volatile funds - M* 's shareholder actual returns data proves that. So to me, risk and volatility are very much entwined. Not…
Sven, the fund wasn't around in 2008, but the fund manager was and he handled his ICMBX fund superbly. So, there is a track record.
I bought into ARIVX and Cinnamond when it first came out because of his conservative style and the good press it go…
I would consolidate in the same way AndyJ suggested. I'd choose PIMIX as my moderate risk multisector fund and RSIVX as my 'more' conservative multisector fund. Just don't see the need for all those funds.
Actually, that is exactly what I did - tho…
Is there a LC index fund?
IMHO, LC is the area where indexing makes the most sense. Unless you are looking for a manager that has a mandate to preserve capital first, hedge with cash when stocks look pricey and that is the strategy you want (ala fu…
Junkster junkster junkster. Never make a one sided bet. Give heezsafe 10 to 1 odds at least so he pays up something if you are correct. Let him pay you $25 if his bold prediction is wrong. Heezsafe - man up.
Putin doesn't seem like a trusting person.
Ya Think??? He's a scary, expansionist lunatic in the spirit of the shoe banging Nikita Khrushchev. His goal is to form another soviet union, I believe.
David, there is a secret here in western NY that we haven't let out yet. EJ Manual has been pretending he is bad so that we can surprise the Bears next weekend. They won't know what hit them. Oh, and about that bridge for sale...
Hi crash. I don't want to come off as obnoxious or irritating with personal questions, but the comment about 'a work in progress'; this doesn't need to be a work in progress IMHO (opps, used that terrible term). You have well over 50% in one area of…
I think fundalarm and Scott really pin point the problem. You have a dangerously concentrate portfolio, especially at 60. Just moving out of one asia fund into another doesn't help the problem. I'd take that $ that's in Mathews and move it to a brok…
This fund, MFLDX, certainly did become the darling of the board for a while. The quintessential 'group think' fund to use a phrase thrown around some times. The proof is in how many people are commenting they either are holding it or selling it. I n…
Bonds seem like they should be simple, but for some reason my mind turns off when trying to understand them. I get the basics on duration, quality and bond sectors that are more or less volatile. But my decision is to give the money to managers who …
rjb112, on a roll over to Schwab the money went first to a sweep account for me to redistribute into funds of my choice. There was a minimum hold time of I believe 8 days before I could repurchase. I made the decision to put money back into funds no…
Agree with John. But I think it all depends on where the market is valued. I'm not going all in with the market at an all time high.
I'm in the process of a 401k to IRA rollover now. I put 25% towards my equity goal to start. Plan to DCA over the …
