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.
Reply to @bnath001: ETGLX has a 2.5% position in TSLA. The fund holds a lot of biotechs and pharma.
Some alternative energy and green funds: ALTEX, GAAEX, CGAEX, PORTX, SPEGX, PGRNX
Reply to @TSP_Transfer: Thanks for posting. Janet Yellen would provide the best continuity from the Ben Bernanke era.
I disagree that the gold decline on Friday was caused by news that the White House decided to appoint Summers. Gold opened uncha…
Louis Rukeyser (RIP) used to call people like me "bond ghouls" because we like bad news. In 1990, I was so happy to be in cash and see the markets tumbling. And the 1991-2 rally was one for the record books (until 2009 surpassed it).
Reply to @Junkster: But investors keep piling in:
"Leveraged Loan Funds Mark 60th Straight Week Of Inflows With New Record"
http://www.forbes.com/sites/spleverage/2013/08/08/leveraged-loan-funds-mark-60th-straight-week-of-inflows-with-new-record/?…
Hi Daves,
I am glad that you phrased it "What would you do?".
In addition to David Snowball's suggestions, I would:
1) Let the 27 year old fend for himself immediately. Let him man up.
2) Boost the retirement savings rate above 7%, to at least 1…
Meredith Whitney says there are more bankruptcies coming:
"There are five more towns like Detroit in Michigan alone. There are many more municipalities across the country in similar positions."
http://www.cnbc.com/id/100909014
The worst possible time to buy an annuity is when interest rates are low and likely to increase (like right now). On the surface, the sales pitch sounds good - portfolio risk and uncertainty can be reduced. But, locking in a low rate annuity could…
Thanks bee, for sharing your favorite screening tools. I use the Scottrade screening tool, but then I have to sift through the funds to find those without short term redemption fees and with moderate minimums.
Does anyone know of a screening tool …
I made a big change - converted an IRA to a Roth. Taxes are going up, so I am using this opportunity to make a big conversion. The Medicare surcharge tax is already in place and will be in effect in 2013. And the odds are that income tax rates wi…
Reply to @AndyJ: Andy, keen observation about High Yield munis.
Andy, you are correct about 2006: High Yields were hot in late 2006 as interest rates leveled off. In 2004, however, High Yields did well in the second half of the year, in the face o…
Bee - DEERX has performed even better than PPSIX. Too bad for me - Scottrade shows that it is closed to new investors. :(
Thanks for the tip to use bloomberg screen tool. "Preferred Stock" is not a distinct category with other mutual fund tools …