muni bonds still consider safe nytime @PRESSmUP and heezsafe,
For now credit risk in VWITX is low comparing to Oppenheimer exposure to PR bonds. Since rates are will definitely be higher in the future, duration risk still persist in higher rate environment, but it is still manageable unlike long-term mini funds. Having said that, there are only few years where the annual total returns turned negatives since
1994 (20
14, -
1.56%; 2008, -0.
14%;
1999, -0.50%, and
1994, -2.
12%) when the interest rates range between 0.25 to 6%.
In the 80's when the interest rates were in double digits, this fund did not fared nearly as well. Given low inflation (by Fed's definition) and slow economy, rate hike will likely to be
gradual over the next few years, and I can live with these unknowns.
IWIRX: Disappointment I hold it as well and I'm not unhappy at all. It's a buy and hold fund (14% turnover) with very small AUM for the kinds of companies it's investing in and a great record. At this point I consider a not so good year as an opportunity to add to it rather than a reason to think about selling. Based on it's history they have a year like this every once in a while but the rest of the time it's been incredibly good.
IWIRX: Disappointment I hold it too, I am going to give it time, considering its record prior to this year. I was in WAGTX and it had become inconsistent, primarily on the fact that so many managing the fund had abandoned ship in 2012 to go over to Grandeur Park and I felt its best days were behind them. That is when I switched to IWIRX. One bad year does not make me run, especially since the year isn't over yet, as any fan of Yogi knows :)
muni bonds still consider safe nytime Safe... I suppose so. As much as anything on this side of cash.
I have 2 years of spend in my taxable account in VWITX. I do know that VWITX has no Puerto Rico exposure, so that's a plus. On the bond side, I have absolutely no idea what is safe and what is not. If I can wring 1-3% out of a bond holding, I will be happy as a clam. I am glad that at this point, I don't look to bond income for my daily bread.
press
ARVIX Why is it a downtrend? Eric Cinnamond did comparatively well in 2011, and served as good ballast for my personal portfolio. He lost his way and lagged dramatically....to the point where the common refrain of watching the performance for the "full market cycle" became a mocking cry.
Good lesson learned however. Don't fall in love with a fund or a manager, be watchful, and make sure you diversify within an allocation category to guard against a bad management call.
muni bonds still consider safe nytime
IWIRX: Disappointment I am particularly chagrined at IWIRX's bad one-year performance (barely above water), especially given that most world growth stock funds have done pretty well over the same period. Assets are not great, but the fund grew quickly in relative size in 2014 when it got noticed. A glance at the holdings does not reveal a group of companies that strike me as overly innovative. Healthcare holdings are minuscule compared to the benchmark, probably a brake on performance. Cash is reported as practically nil. Anyone else in this fund?
ARVIX Why is it a downtrend? Yes, Scott is right. Eric Cinnamond's name has become synonymous with "value trap" manager. And he has been invested this way for years now. MFO has endorsed many good funds, but the endorsement on this manager turned out to be a loser over the last 4 1/2 years.
Hate to beat a dead horse, but this guy has been barking up the wrong tree with his investments. He has been over-weight in PM miners for years now. His inability to adapt or see that the market doesn't agree with his analysis is kind of Hussman-esq. Might he preserve capital in a down turn with all that cash? Sure, but how long do you give a manager to prove himself right? Personally, I got out of ARIVX a couple years ago because he was so over weight in mining stocks. Two years later, he still is.
ARVIX Why is it a downtrend? Why is ARVIX in a downtrend with 84% cash? Bets on precious metals or 1.17% fees chewing up assets or both? I have this fund and am at a loss to explain. Appreciate comments.
An investor’s guide to navigating a commodities roller coaster sorry ted already linked article
china stock recovery
The Trump Portfolio
The Trump Portfolio
3 Mutual Funds To Play The Boom In Tech Stocks @Mark and for others who frequent M*,
A comparison table can be created by first entering the fund you are researching (PRMTX) using M* search tool.
Once you have the fund information page active, look for the "performance" tab
Select the "compare" button and enter your comparison fund (PRGTX).
I like to use the "Expanded View" which provides a
10 year comparison. It will look like this.
Hope that helps. you can compare multiple fund (I believe up to 5 funds).
Funds Challenging Dell Bid Find Shares Aren’t Really Theirs
BlackRock, Vanguard, Fidelity Push Back On DOL Fiduciary
Are junk bonds telling us something? I don't have any junk bond funds because of the recent price action. And junk bond funds could well be on their way to only their fourth negative year (
1994, 2000, 2008) since the Michael Milken fiasco in
1989/90. I would love to see a mini crash in this sector. But Josh Brown is really stretching it by invoking Jeff Gundlach (saying Mr Gundlach believes junk bonds could be the next big blowup) in his commentary on the imminent demise of junk bonds. Just last week Mr Gundlach was on CNBC saying he believes junk bonds are a **good** investment bet in 20
15. He believes any debacle is a long ways off like 3 to 4 years down the road.
http://www.bloomberg.com/news/articles/2015-07-15/gundlach-says-junk-bonds-will-be-debacle-in-3-to-4-years
