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?
Thanks for the article and update Skeeter.
Just to play devils advocate, from Rowland's cometary, you can also make the argument this is not the time to invest in EM stocks. He starts by talking about overstated employment numbers and possibly a w…
Hank, I think you are right-on with allocation.
Max, I can't add much to the great responses you've gotten, but not being diversified and putting a majority of your chips in a very volatile region like Asia or any emerging market, bonds or stocks,…
Hi Heather. Although I think you are set up too conservatively for a +20 year time frame, I think your portfolio is constructed pretty well. And the reason I believe that is that it looks very similar to the way I set mine up. Very similar. We have …
Hi Heather. I remember you posting a while back on this portfolio. What I think I remember was your dedication and hard work to create what you thought was best for you. So, if you are happy with this then that's whats important.
But since you ask…
Reply to @MaxBialystock: Wow Max. That Country Joe song brings back heartfelt memories. Some great songs came out of Woodstock. The lyrics that I remember most:
"...Come on mothers through out the land. Pack your boys off to Vietnam... be the first…
Reply to @catch22: I have multiple engineer friends from the Big 10. Some of my closest friends went to Wisconsin, Michigan, Michigan State, Penn State. My son and his family now live in Columbus, so I've seen the total obsession with the Buckeyes. …
All the added questions show how complicated this would be. I would go to a fee only financial advisor, lay out all this information and work on a total retirement plan. All you will get here is an assortment of favorite-fund portfolios that most li…
My opinion is 5-10% is a good place to be if you have conviction for the fund's management and if you consider it a core holding in your portfolio. At this time, I have 10% in both YAFFX and FPACX. I'm considering adding another 5% to FPACX. I have …
I'm in the same boat as you. A couple months ago I sold my stake in PGDPX and looked at where to put that money. I put it in RGHVX. Since purchase, I've been watching it closely and it has actually handled the last couple months market volatility ve…
Reply to @Ted: Thanks for the pick-me-up Ted :)
It's tough having your favorite team be as jinxed as the Buffalo Bills. This is the franchise that won the '64 and 65' AFL championships, but lost to KC in the '66 championship for the chance to make …
I think this could be a herd that one might want to follow, at least for now. My goodness, just the mention of stopping QE and possible inflation have given bonds there biggest drop in years. What is going to happen when the actual plan to unwind is…
I also agree with the zero percent rule. I owned my company stock back in the '70's and '80's when it was one of the only investment vehicles available to me in and outside of my 401k. It was doing great. A highly regarded blue chip company.
I was …
Not another alternative fund. Uhgg!!! A fund of funds no less. I for one am now starting to get embarrassed that we - I have been hood-winked by a bunch of marketing executives. There must be money to be made by the fund companies or they wouldn't k…
Some good points made here. I think one of the traps we fall into, my self included, is the search for the ultimate fund that has a gimmick that proclaims to do well in up and down markets - that alternative fund. It gets ballyhooed here on MFO whi…
Wow, this post got a lot of response. I sold down, but not all of my PAUIX - yet. I've owned it for a little over a year and like everyone else I'm disappointed with it. But in hind sight, what else would you expect from a hyped-up bond fund when b…
Reply to @msf: Thanks msf. My mistake. Not available within my 401k TRP brokerage account. When I made an inquisitory buy attempt, it said closed to new accounts.
Reply to @VintageFreak: Hi VF. I remember you posting about this fund before, so I went back and looked at your argument against VWELX.
http://www.mutualfundobserver.com/discussions-3/#/discussion/7217/vanguard-wellington
Most people tried to tal…
Reply to @Kenster1_GlobalValue: Okay advocate :) I guess I don't understand where you are going. VWELX has similar returns to FPACX and both have great risk adjusted returns. Both are great funds. So are you trying to make the point that Romick isn'…
Reply to @Shostakovich: I'm thinking they went public about 2 years ago. I remember something about that in our local Rochester paper. They are Rochester NY based... at least they were.
Nothing up for me. My 2 health care funds, PRHSX and RYOIX and my REIT fund, CSRSX were hit the worst.
One fund holding up quite well over the last week is ARIVX (versus it's small cap benchmark)... new I held it for a reason :) . Maybe the miners…
Reply to @ducrow: My opinion is you don't need another balanced fund. I probably would invest more in one of the other funds you already have. GRSPX, GLRBX and BERIX are all conservative balanced funds, and pretty good ones at that. If conservative …
Reply to @andrei: FPACX has been my largest holding for quite a few years now. So I'd say that fund is a best option. But I like to hold 40% of my portfolio in balanced, allocation or alternative type funds with managers having good long term record…
Not sure if the title is suppose to be negative towards Hedge funds, but market like returns with 1/2 the volatility seems pretty good to me. Max drawdowns appear to be much less for the Hedge fund index than for the S&P500. All good.
I recen…
Reply to @SteveS: That's a pretty good story Steve. I'm 59 and planning to retire at least from full time work at 62, so I have been having the same thoughts and concerns about investing for the future as you. I enjoy the mutual fund game but I don'…
Reply to @VintageFreak: I use ticker PAUIX because that's what I own. This class has a $2000 minimum within my plan. I think it has become fairly common for larger employee 401k plans to offer brokerage accounts. My 401k uses T.Rowe Price, which giv…
For myself, I moved 1/2 my PAUIX and put it in RGHIX over the last couple months. What I was most impressed with and has nothing to do with the funds managing philosophy, was that much of the funds EUM was made up of the managers and the managers f…
Reply to @Ted: I'm not trying to convince catch, Just asking the question. I do believe the most important part about investing is playing with-in your comfort zone.
I think you can "Turtle Shell" funds in any category. And I would measure the that 2 step forward, 1 step back approach by the M* upside downside statistics. So, for me, FPACX is a pretty good Turtle. In it's category, MACSX is excellent. YAFFX as a…
Reply to @Ted: Hate to say it, :) , but I think Ted is on the money with his information.
Catch22, I'm sure you have thought about this, I think you said you were retired, but why wouldn't you make your retirement portfolio more concise by combini…
I've made a few changes over the last couple months:
I had ARIVX as my only small cap fund. I took half of that and put it in GPGOX.
Sold half my PIMIX and put it in PRWBX.
40% of my portfolio has been in balanced or allocation type funds. I have…
Reply to @davidrmoran: Hi Dave. Can't argue with your picks. Very nice if you are looking for downside protection. Your assessment that FPACX and Romick don't fit into this group is a bit strange though. GLRBX is a great fund. GLRBX holds a typical …
Reply to @expatsp: Thanks. I understand where you are coming from. I intend to stick with him. If he ends up being right on his assesments- just early, I can live with that. But I'm happy with my decision to 1/2 my ARIVX position and add GPGOX to m…
Reply to @expatsp: He may have, but I don't ever remember him saying his reason for cash was that he did not believe in this economic recovery. I believe he has said he has not found the kind of value in stocks that he is looking for. By his measure…
Hi Charles. I read this also. Cinnamond's decisions have not panned out this time around, but...
My biggest regret about buying ARIVX is that in trying to consolidate funds I made it my only small cap fund. I figured this manager would be a great p…
Reply to @JohnChisum: I'm skeptical about any fund that proposes a constant long/short philosophy. I much prefer a fund like FPACX that gives a proven manager the latitude to invest where he sees the best opportunities in a given economic environmen…
Hi VF. I was wondering in your quest to reduce funds, which I think is a great idea, do you have a plan where you want to end up? My own belief is that you probably can have a well diversified portfolio with about 12 funds, probably less if you use …
