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.
"Heebner has been trading at a furiously fast pace, which is typical for him, as his portfolio turnover rate during the first half of the year was the equivalent of a startling ***554 percent*** on an annualized basis. That would mean the holdings turn over a total of six times in a year."
My rule of not automatically re-investing distributions helped me out here. Stands to reason once a fund goes up 80% in one year, it may be time to take at least some of one's lumps.
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