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?
I added a line in my Health Care Proxy to 'just shoot me' if I ever get as arrogant and self righteous as MJG. Knowing doctors won't know what the heck an MJG is, I added a reference to this page for an arrogance correlation value.
But I'm guessing…
I'd add FMIJX as a candidate. Mostly developed Int, not much EM, but lower volatility for the risk adverse, low expenses and low asset base. I recently chose it as my diversified International fund for what it's worth.
David commented on it a whi…
Watching what Gaffney does is like wanting to hear what the student has to say over what the teacher thinks; although this student may have become her teachers peer.
According to M*, Kathleen's fund, EVBAX, is only 41% in what they classify as bond…
Thanks Ted. Enjoyed the article.
With a rollover from a 401k to an IRA, it gave me the opportunity to reconstruct my portfolio. So I've given this diversification thing a lot of thought. My conclusion was I am not diligent or knowledgeable enough t…
I never thought about it bee. Certainly sounds like the new marketing buzz word. Don't forget about one of the new MFO darlings_ RSIVX. I just bought into that one the other day.
Guess I'll give my 2cents. Basically, Ted is not the victim here. Ted consistently pushed the rules that we are all subject too. No, sorry, being 77 and in poor health is not a free ticket to victimize others.
Ted's comments are, and will continue…
Couldn't read the article. It says not available. But I'm sitting here at about 90% in cash for the last couple weeks, all because I'm in the middle of a 401k to IRA roll-over. Perfect time for me if the market decides to correct. I've been conserva…
Hello junkster. I grew up in Greece but have lived my adult life in Webster NY.
You mentioned some of the nicer areas of Rochester. Victor has gotten very expensive and canadaigua is the most expensive of the finger lake.
Please don't stop posting…
:) Loved the old Syracuse - Georgetown rivalry. The best college basketball had to offer in it's day. Boehiem vs Thompson, Ewing vs Pearl Washington. Ahh, those were the days.
:)
mrdarcy, you must Goggle map NY state. It is an eclectic state with much natural beauty and resources. "Ithaca = Niagara wine country"??? Far from it. Maybe 400 miles from it.
Niagara county does produce wine, but not NY States best. That is re…
Hi Blitzer. I guess my point is I don't care about an obligatory index comparison.
So, you go out and search for a fund that has beaten an index for the last 3 years. You find the perfect fund. Will that index beating performance continue? Maybe, …
Any buyer BUT Bonjovi and the other damn foreigners in his Toronto contingent would be okay with me.
Can't be 100% certain, but it is reported only 3 potential buyers made bids strong enough to make it to the second round of negotiations, Trump (th…
from Blitzer: ...But, my problem is that the active funds that I choose almost invariably underperform their related indices.
And this, I think, is the crux of every debate for active/passive. I kind of have a different view. A fund like FPACX for …
Thanks Kevin, but I'm in the middle of a roll-over to Schwab. I don't really understand "institutional" funds, but I'm thinking they are available only within 401k accounts, not an IRA(?). But I don't really know the rules. Was the account you teste…
I agree it is crazy to pay a load for a mutual fund. There are always alternatives to every fund. But saying that, I notice that many(?) 'A' shares are load-waved at some brokerages. At least that is the case at Schwab. SGENX is an example.
The on…
Hi Scott. I've come to the same conclusion as you - think long term. Timing in and out, trying to own that "perfect" fund and collecting hot funds just doesn't make sense to me anymore. It can be fun as a hobby, but it can be detrimental on returns.…
Umm, Bee, lack of volatility??? Volatility is typically measured by standard deviation, and CAMAX stdev is almost 3x higher than YACKX, 26 versus 9 over the last 3 years. It does have a winning upside/downside capture ratio, but boy are the ups and …
I'm sorry VF, but you defending Hussman's fund and trying to make any comparison to MFLDX with it's superb track record is absurd. Considerable time??? Hussman has shown over more than considerable time, over a decade, that he has no skill at runnin…
If you are looking for a cash substitute type fund, the fund David just highlighted in his commentary, ZEOIX, fits the bill. It appears to be even more conservative then short term HY funds like RPHYX. I'm considering it myself.
They describe themse…
I believe it is common that a company's matching funds in a retirement account needs to be vested before you are able to receive them. Basically your wife needs to work for that company, vested, for a certain amount of years. Her HR person can tell …
Hi Bhopali. Be very careful in thinking anyone on a discussion board or anyone marketing an investment news letter is a guru. We are all here to offer opinions and listen to the ideas of others. Not to say there are not a lot of smart people on this…
My favorite EM fund was a suggestion from BobC, ODVYX. I've owned it for a few years now. It's one of the best downside protection EM funds around. Alas, it's closed to new investors. Another favorite (but not really an EM fund) is GPGOX, It is real…
60% of PONDX is in bonds out side the US???? If that is true it is strikingly different than what M* has in their portfolio data (85% in the US and 8% in the Cayman Islands, which is usually US corporations hiding money from the tax man). I've never…
Thanks Ted. I've heard his name mentioned and if he keeps the team in Buffalo I'm all for it. You would think a net worth of a billion dollars would mean something, but when you are talking NFL franchises, multiple billions are apparently needed. Ou…
Hi Bee. You know as well as anyone that, as goes gold and treasuries goes PRPFX. It's positive history over the past 10-15 years is due to positive trends in those categories. I believe those days are gone, so I sold this fund about 2 years ago. Cou…
Why would anyone go to a bond-house for an equity fund to begin with? And what is the success of this manager mentioned in the article? FWIW, M* rates this fund in the 79th percentile over the last year. 97th YTD!!!
Well, if you are going to 'ad hominem' poor old Ted, well, I'm not sure what other dastardly deeds you are capable of... and I don't even know what ad hominem means. My spell check doesn't even know what ad hominem means and it's much smarter then m…
Hi Derf. Just to point out, 90% of my portfolio is pretty stationary. I segregate 10% to play with in hope of creating a little alpha, but obviously it doesn't always work. In fact, I now have huge dislike for PM and miner funds and won't touch them…
Thanks for the article Guido. I enjoyed it.
To be honest, I don't open 99% of the article links here unless I see that someone has commented. I didn't open it when Ted posted it and backing out to look, I notice only about 10 people did open his li…
I bought TREMX 3 months ago when em-Europe nose dived after the Russia-Ukraine conflict. Decided to sell emerging Europe this week and keep the 20% return on the bet. Put the money into PRNEX which I've been building up slowly since last fall. I tho…
Thanks for the comments. I'm looking forward to my meeting with the local Schwab advisor.
I've heard about some brokerages offering money incentives to roll over to them. I believe Scottrade does this. Not enough in the long run to sway me though.…
I see that one of Romick's new holdings is Jardine Matheson Holdings, a company Scott has spoke highly of in the past. FPACX has been my largest core holding for many years now.
... Is this a "discussion" board where everyone... feels they have something to contribute - or is it instead an "advice forum" having but a few highly knowledgeable individuals...
Hank, I think you nailed that nail even more so. I remember someon…
Hi fundalarm. Good to hear from you again. I did notice a couple undeserved snipes come your way in the past so I don't blame you for not posting. You know, you aren't the only one staying away more often or not posting as much. Investor was mention…
Charles, another great conribution to the commentary.
On cman, I dido expatsp's comment. His contributions have been intelligent and well spelled out. But in this case, who really cares. I think there might be too much importance put on being righ…
