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?
hi Charles. Yup, I placed a small bet on the Christmas rally. I do it most years and it usually pays off at least a couple %. No guts though to make a bigger bet.
Charles, early in the year you said you were going to play a timing scheme with movi…
Reply to @MarkM: First of all, "group think funds" is just a fun phrase Junkster has used a few times in previous posts, mostly in reference to ARIVX, AQRNX. I found the phrase interesting and could see where he was coming from. Since it is a made u…
Don't know if it's possible, but what if there was a category called "articles", just like the categories, Funds, Off Topic and Technical? That way anyone not interested in a bunch of articles posted with no discussion could by-pass that category, o…
Reply to @Charles: I've put a couple dollars into the S&P500 and Russell2000 indexes the last couple weeks in hopes of a Santa rally. I'll play it out. Question is am I committed enough to add a few more dollars with a pull back (?) It's like be…
Reply to @BobC: Hi Bob. I think the comments on this post come from people who probably have an understand personal finance, love to do it themselves and make it their hobby. What goes over their head is that they are unique. They make up probably l…
Hi Charles. Back late 2009 I started re-building my portfolio after selling off funds during the recession. For my large cap fund I zeroed in on SEQUX, PRBLX and YAFFX. The funds are pretty similar; long time management, focused holding, all will go…
Reply to @Junkster: Hi Junkster. you are a refreshing part of this board because your approach differs from most. I'd venture to say, many people on this board try to compound their money by chasing the best funds, build the best portfolio, reduce e…
I can not think of a reason to buy-and-hold miners, ever. Take a look at a fund like USAGX over it's 25 year life it's up about 30%. For that reason PM miners are nothing more than a momentum bet in my mind. They can have huge losses and huge reward…
FWIW: You can get a much better rate through Internet banking. I've used Ally Bank for years, way back when it was GMAC. Their rates are always at the top and they will add .25% on any CD renewed with them. I can renew a 1 year CD now for 1.23% with…
My main concern with ARIVX and why I sold out of it wasn't that it goes to cash. Heck, I have other managers like Romick, Berkowitz and Yacktman that do the same. But stock picking has been the downfall for this fund over the last couple years. Cinn…
bnath, if the market dropped 10% and you were only 10% in equities, how much would your total portfolio have dropped? Obviously you know the answer is 1%. Are you saying you can't handle a 1% correction when you have a 20+ year time horizon? And now…
Back in the Spring, I moved to a global small cap fund for the very reasons you gave, U.S small cap valuations increasing. My only small cap managed fund now is GPGOX. I figured if and when US small caps look over-valued, then holding a well managed…
Hi Crash. The list of funds the advisor gave you is likely the funds that are on their "platform". For them, they get a kick back for getting you into the fund. Pretty standard in the industry.
If you think you need an advisor, look for a fee-only…
bnath, you said in your last post you have been out of the market since 2008 because you have been afraid of having another loss like 2008. You also admitted that was a mistake. Trying to time when tapering ends and when we get the next correction, …
There recently was a lot of discussion about LSGBX Here is the post:
http://www.mutualfundobserver.com/discussions-3/#/discussion/8850/loomis-sayles-global-bond
I would invest in Berkowitz today. Not all at once as someone else said, but he is a manager I want for the long run. I own FAAFX and prefer that over FAIRX (which I don't own) mostly because it has a much lower asset base. I see it as having greate…
Hi bnath001. The advice already given by others, especially around expected return and checking out the MFO Great Owl fund list put together by Charles is what I would have offered, so nothing much more to add...
...except, you appear to be very …
Reply to @RJalpha: Well, I am enthused that there is a start of a health care system open to every American citizen, no matter their economic or health status. I am happy that health care can become a right, not a privilege. I'm not happy that it a…
Reply to @scott: Hi Scott. I don't believe it is all negative for pharmaceutical companies, but I think they believe there could be less profit taking down the road. You have to wonder if they worry of government price controls on drugs and medical …
Reply to @RJalpha:
"Then intelligent remedies to our health care challenges will be found by members of the health care industry and consumers of health care..."......So why haven't these "members" made the appropriate changes before? Umm, what we…
Reply to @VintageFreak: "I will be the last shareholder in Hussman."
Well, maybe you and this guy named Murphy :) (sorry, couldn't resist)
Murphy's laws
* If anything can go wrong, it will
* If there is a possibility of several things going wro…
Made 2 switches this week. Got out of ARIVX and put that money into HFCIX. Also got out of PAUDX. That money went into MQIFX. Decided going forward I'd rather be in a go anywhere global equity weighted fund than a go anywhere derivative-charged bond…
I invest with 3 of the managers talked about in this article, Romick, Yacktman and Cinnamond. Well, at least until this week I did. I had a good chunk of my portfolio in ARIVX. It was my only small cap holding since it's inception. But earlier this …
Reply to @msf: Thanks msf. I live in NY state, so your cost list was very interesting and quite possibly timely for me. I'm going through yet another down sizing at my work place so I may be needing a new HC plan soon. Our retirement benefits plan …
Yes, stocks with low volume can be be hard to sell. There are traders that prey on people needing to sell quickly, putting in low bids on the stock until someone needs to sell at any cost. I have had this problem myself.
Reply to @MaxBialystock: Hi Max. You have used that phrase before, SFGIX has not 'taken off'. Not sure what your expectations are for this fund. If, and I believe it is, modeled after the Mathews fund MACSX, it probably will never be a high flier le…
Reply to @Charles: Thank you Charles for taking the time to make the comparisons. I have been happy with RGHIX since I bought in. To be truthful, the Marketfield fund would have been my first choice but it isn't available in my 401k options and FPAC…
Great post mrdarcey. I had more to say but in the end I deleted my rant. But I will say, and I know it's a stretch to call these political-obstructionists political-terrorists, but at times that's the way I see them. They hold us all hostage.
Reply to @hank: Thanks Hank. I remember it took you a while to give up on HSGFX too... but I bet you are glad you did. We all try and hang on to our convictions. Heck, I still own ARIVX :)
Reply to @davidrmoran: Not sure why you think the comment was odd. It's just fact. David didn't compare DODFX to any other specific fund, just it's peer group using yearly results.
Reply to @VintageFreak: VF, you do have a unique approach to investing :)
Couple comments:
I can agree with getting a bigger short-term bang on your investments based on when you invest with a fund - timing. But I know, at least I can't forecast t…
Comment to Charles; I agree WBMIX is an interesting, tactical new fund. But David had a nice, positive write up about RGHVX a while back and that fund seems to be doing better than WBMIX. The RGHVX fund never seems to get brougt up much. I started …
Reply to @MaxBialystock: Here is a link to "Gateway", a TRP page that shows fund families and funds available through their brokerage. Actually, though I haven't counted, there is probably ~90 fund families, and hundreds if not over a thousand funds…
Reply to @MaxBialystock: I'm a little confused. It sounds like you buy TRP funds individually(?) Why wouldn't you just open a brokerage account with them. You would have thousands of funds available to you - not just TRP funds. Really no different t…
