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.
"If they had someone with FI expertise like JPVTX ,then i would like buying this fund."
I'm glad to see others taking notice of Perkins value plus income. I like this new fund so much that I made it part of my four fund Roth account. The four funds…
Perhaps David Herro has convinced him of the great values in overseas bank stocks. I just don't understand this move at all. The fund already has a large cash position - so, it can't be because they need extra cash for new purchases.
I have a truc…
From everything that i've found I cannot find anything other than high yield ( junk bonds ) inside BUFBX. Morningstar has "Not Rated". I must say that JPVTX is flexible in their allocation.
"During the quarter, the Fund started positions in six …
I have enough excitement in my life. In general, I avoid 'balanced' funds that hold high yield bonds as their risk mitigation tool against stocks. If they find them of value - then fine. I still prefer high quality bonds in my "standard" balanced fu…
Hank,
One topic that has not been has not been addressed is legal protection[s]. Many people just let the tax issue drive every decision. When ( like what took place with my Grandparents ) people become older and need long term care, medical treatm…
Kenster,
If you were building another portfolio what one would you choose? MACSX or SFGIX?
I like that SFGIX has some Japan and Latin America in the mix. With me having so much invested with MAPIX I 've been looking for more investment house diver…
Will that ER of ( 1.6 % ) drop as the fund grows? that alone makes me look towards MACSX with future investment dollars. I can understand higher fees because of lower AUM and such...but 50 basis points more?
This new fund has caused much confusio…
I've held OAKBX, FCNTX, and ARTQX the longest of all. With my accounts I tried building portfolios where i could build wealth and sleep at night . I guess one can say I've experienced my share of mental, and emotional growing pains. Made many mis…
"I'm not saying both are good or both are bad; I'm just asking how they differ."
I think both are good long term funds. However, I believe the difference is with the bond and international expertise. Another benefit with the Perkins fund is that t…
I just sold my position in GRSPX yesterday. It has been lagging for several years and with small/md cap stocks doing pretty well during that time. Like Mike said, it does do well in downturns. It could be that the manager shifted towards larger nam…
Reply to Scott: I believe Kenster1 said it better over on the comment section than I ever could. Standing applause!
It's really sad that some people have the willingness to inflict their own misery on others - anonymously - where the person attack…
Reply to Andyj: Perhaps the disagreement is about basic economics. If it is all about economics - I say that his detractors simply don't understand basic arithmetic, world taxation comparisons, and value investing ( globally ) in general. Furthermor…
"Are YAFFX and ARIVX really balanced funds? They seem to just hold stocks and cash."
Opportunistic asset allocation funds? I mostly use balanced funds( E.G... OAKBX, FPACX, PRWCX ) for my core holdings and funds like ARTKX, ARTQX, FLPSX, ARIVX, M…
"Wow - did you read the comments from the M* users at the end of the Q&A article? Wow, tough group!"
I really wish Steve Romick would close down his fund so these keyboard commandos can't put their money in with mine. I'd much rather Mr. Romi…
Reply to Kaspa:
I've been looking at PQIDX as the topping on my global portfolio cake. The only issue down the road might come from asset bloat because PIMCO just doesn't close funds. If you'll look over its holdings you can see the global diversif…
FundReveal: "ARTGX is not a well managed fund."
What global mutual fund do they consider "well managed" then ? Are they questioning the intelligence of ARTGX shareholders? Many of us invest in Artisan funds because they're "well managed." Furtherm…
"I will assume, as your handle name here may imply; that you prefer to have a mostly equity holding for your daughter's monies;"
Yes. I also believe that asset allocation helps investors stay invested during bad markets. Just judging from my own po…
Thanks for all the information/ fund choices.
I've been looking over ( vgstx Vanguard Star ) this morning. I've always knew about this fund.. but it skipped my mind for some reason. It would solve the issue of asset allocation as the account grows.…
"Information Overload"
Absolutely! That is why I stopped managing my own basket of stocks.
I was pretty good at buying good quality businesses...but I got way over my head. What started as fun ( two or three stocks ) ended up with my spare bedroo…
We just purchased a 2007 Ford Ranger with 42,000 miles for me to drive back and forth to work. I paid 2000 under low book for this truck - it was a really good deal at our local Toyota dealer. When it came time for the final paperwork they discussed…
Thanks for all the advice. With this many good managers around is there any question why people find themselves collecting mutual funds?
The only issue I have with the Artisan fund is the high er. Sometimes we get what we pay for. They've learned m…
"goal of taking income out of the fund 5 years"
Think carefully about funds like FPACX, VWINX, JPVTX, BUFBX, etc. The Yacktman's did very well during our last bear market, but they've been flooded with performance chasing money because of it. Thi…
Maurice,
We've saved around 2,700 for this investment. The account is a custodial account at Fidelity.
Some of the my favorite funds are either transaction fee or closed at Fidelity. I personally already own OAKBX, FPACX, PRWCX, ARTKX, etc. My ma…