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.
Eric C. is a very risk averse investor.....period.
People are selling/talking down his fund because of him not chasing stocks that many agree are overvalued. Not that long ago every one was falling all over themselves trying to invest with him fo…
Well...I never fight the tape.
It has been said that investors should never bet against the Fed. I think this still holds true...but for how long (?) I think that the Fed is causing major long term issues that must be dealt with down the road. We'…
However, they have other funds that have done well
http://quote.morningstar.com/fund/chart.aspx?t=IWIRX®ion=USA
Janus INTECH Global Dividend is another fund searching for global dividends.
http://quotes.morningstar.com/fund/jdgtx/f?t=JD…
Buy the worse house in the best neighborhood. Preferably by the golf course, river, lake, beach, good schools, etc. Or.. one with lots of property. You should always think about resale value because you may want to move again. Also, your home with …
We must remember that 99.99% of investors don't study the markets 24 hours a day.
Over the last ten years I've paid off my house, purchased cars, gave away thousands to an ex whatever she calls herself nowadays, etc -- and I'm still well ahead of t…
Hiyield007,
Being an active trader with mutual funds has cost many investors dearly. For example, investors piled out of FPACX in droves during the high tech boom. Then when high tech crashed those investors that remained faithful to their original…
That money is invested inside an annuity - no tax until withdrawn - high fees - poor selection of mutual funds - etc. In recent years they've began to provide a much better selection of mutual funds ( Franklin Templeton Global Bond, BlackRock Global…
I agree 100% with IBD about investing in mutual funds for the long term.
Cost Basis $20,000.00
Prior Close
03/19/2013
Total Value $59,081.52
This is an account that I started with 20,000 dollars in 1996. It was invested in five different Fide…
"if I don't I can pass it on to my children"
Just the fact that you included this in your opening post...I'm venturing a guess that you may not need this money. If you do not need this money *I* would invest for my children's future. I would also …
I really enjoy living in Coeur d'Alene, Idaho :) Life doesn't get much better than this, imo.
The airport is in Spokane, Wa ( 30 minutes away ) along with many higher paying jobs.
I would actually change your holdings all around:
Keep SEQUX, BBTEX
Add AUXFX
Sell the others
I would add AUXFX for it's downside protection ( YAFFX does very well in this regard..but i'm concerned with asset bloat ) & the manager has ALL his…
Steve Romick's fund has earned it's place as one of largest fund holdings.
Also, morningstar calls FPACX some sort of supporting player? I've used it as one of my "core" funds for years
You can build a rather risk averse/potiontally high return portfolio with a handful of funds.
For example:
VGSTX 30%
VWINX 30%
PONDX 10%
ARTGX 10%
MAPIX 10%
This portfolio is very diversified ( light on small caps.. which is fine because they're…
I think Investor & mns have the right idea.
VGSTX ( Vanguard Star )
VWINX ( Vanguard Wellesley Income )
PONDX ( PIMCO Income )
FPACX ( FPA Cresent )
PRWCX ( T. Rowe Price Capital Appreciation )
AUXFX ( Auxier Focus )
MAPIX ( Matthews Asia Divid…
I second the nomination of VDAIX/VIG. Many of the other funds mentioned are very good as well. One of my favorites in this area is FVD. There are also several other newer funds built for the risk averse investor.
Be very careful walking the tax tightrope. I manage a fairly large taxable account myself & you must pay attention to your cushion within your tax brackets.
Lets pretend that the 15% tax rate stops at 40,000
Your income from work is 30,000
…
Kaspa,
This video talks about a few solid small cap funds:
http://www.morningstar.com/cover/videocenter.aspx?id=584328
CCASX is NTF at Fidelity
BERWX TF fee
Two of my fav funds are closed ( i own both ) ARIVX & ARTQX. I also own FLPSX in thi…
Another...fwiw,
I'd wait until the end of March for Artisan Global small cap. Artisan has a very good history with their funds & told me this new fund will open at the end of March. I will be buying some myself.
My heartfelt thanks to all of you...
Because the major money was mine before marriage ( this includes most the money that purchased our home ) I got off rather easy. Under my States laws she was only able to get at half the income from my taxable …
Howdy ~
I'd set up seperate UGMA/UTMA accounts or Roth accounts ( I believe they must have earned income for the Roth accounts )
As for the investments: I think i'd have two funds per child. Perhaps one AA fund and one global fund
PRWCX, FPACX, O…
BWG,
I really have no issue with the reopening just yet. If he ( Eric ) plans on closing this fund once they have the 200 million = problem solved.
I understand that the manager thought they'd have more AUM when they closed the first time. This I…
This situation is very different than Eric Cinnamond and Douglas Rao leaving for greener grass. Mutual fund gurus understood that Mr. Cinnamond was the player that made the team better. Much the same can be said about Mr. Rao. And when those two fo…
BobC,
Very true indeed. I will add that during our last financial crisis ( current?) many companies learned to run lean. This has helped corporate profits at the expense of the unemployed,,etc. It could be said that many corporations discovered Da…
Hiyield007,
While I don't disagree with your overall thesis - the argument could be made that European and Asian markets are still oversold. I think that investors who have U.S.-centric approach may find themselves in trouble. Many funds in the glo…
Rising food prices could be a problem. But i don't think developed countries are immune to rising food prices either. It could be said that several EM countries still promote growth where rising food & energy cost may be less of a burden compair…
How in the world did you find this ?
http://quote.morningstar.com/fund/f.aspx?t=WBMRX
It also appears that this fund is NTF at Fidelity with 1000 min for IRA's. Very interesting.
If I didn't think so highly of Mr. Foster this would be a no brainer. There was a time when i'd avoid small mom and pop shops. However, this has changed over time. Small fund managers like Jeff Auxier speak my kind of language >
I already own M…
All good advice.
And nothing wrong with investing 'some' of your money in Berkshire Hathaway 'B' shares. I would say about 2-5%. Berkshire Hathaway is basically a well run mutual fund itself. And who doesn't like sees candy??
As you can see many o…
Dian,
Yes... have some of that " learning experience " myself. We should do one of those silly lawyer type commercials " my broker lost me $$$. " Anyhow, it took me many moons of careful investing and investing during two bear markets to make my co…
"3. I would not put it all in mutual funds or other such investments. A portion of the money should go towards tangible investments - land, art, prec metals, rental property, any number of things could be within this category."
I agree with this ab…
Mark,
I don't think "MJB" has it all wrong -or- all correct. In my opinion, many people are products of their environment. If you're raised saving for retirement ( my grandmother always told us kids to save 10% ) then that saving bug becomes firmly…
Mark,
I don't think "MJB" has it all wrong -or- all correct. In my opinion, many people are products of their environment. If you're raised saving for retirement ( my grandmother always told us kids to save 10% ) then that saving bug becomes firmly…
"I don't think the Fed will do QE3 into a ramping equity market, but I'd be amused to see it happen."
Me too :)
This time I'm more skilled in the art of pushing the sell button. So, let them drive this market higher.
Many funds disburse a monthly dividend.
NOIEX
AZNDX
GABEX
ADVTX ( Sister fund of ARDEX that is closed) I might add this myself!
JPVTX ( I own this one )
BUFBX
I'm sure i've missed some
Manning & Napier has two such funds in the pipeline. …
Two well respected value shops at odds:
“We see many opportunities in equities,” says Clyde McGregor, manager of the Fund. “By reopening, we hope to better balance the fund’s daily cash flows and also accommodate the many long-term investors who f…
If I made that kind of money I'd have more than one yacht. And as much as I love the ocean I'd probably buy sea world too. Wonder what he'd pay me for mowing his yard?
