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rjb112
Well thanks for all your great instruction and telling me about it.
The first recommendation, the Fidelity Investor: "His five portfolios hold funds an average of 1½ years"
The second recommendation holds funds for 4 yrs, and the third one holds them for only two years.
Those newsletter are Losing a lot of return…
One parent and one school age child. Parent's employer insurance plan now gone, as of the end of 2013. Prior plan required $150/month pay-in by employee, with a $250/year deductible for both the parent and child.
The ACA best choices in Michigan (…
At 5:35pm PST it looks as if M* finally caught up to Google, except for ARTGX, which is down 55¢ because of a distribution today.
I'm seeing the update on ARTGX now.......are you?
And were you referring to the "main" M* quote, or just the quote as…
If you are in the "Fund Discussions" category, you can mark all of those posts as read; if you're in the "Off-Topic" category, you can mark just those as read. I'd swear that wasn't there yesterday- I think that Accipiter is doing magic stuff in th…
By the way catch22, some advise. Get a SSD for your device. Mine use to take over 2 minutes to boot. Now it is 5 seconds.
@Maurice, is this with your computer on standby or 'sleep' for the night......or turned off?
If you can turn the power on …
I just noticed that we now have the option to either "mark all viewed" or "mark category viewed".
I see those choices when you click the "gear" icon, but what does that actually do if you click one of those?
"........I am now dubbing the Tony Robbin’s Recent Weather portfolio. It is akin to taking an umbrella today because it rained yesterday."
"Jim is a quant extraordinaire, and his analysis confirms what I wrote earlier [2] this morning: This is a bi…
Once again we have to ask, if M* cannot update the daily NAVs correctly, how can we be assured the rest of their data is correct?
They have a separate issue with Portfolio Manager not updating in a timely manner.
Seems that only occasionally do they…
There is very little competition in healthcare pricing. That is one of the biggest reasons the cost of healthcare is out of control....we don't have a truly free market system. The prices for healthcare services mean very little, because the insur…
Eleven days ago I wrote to M* that their quote for HQL was based on the previous day's NAV rather than a real quote, and PM reflected the same. They wrote back more than a week ago that it had been forwarded so it could be fixed. The quote page an…
@Old_Skeet and others:
Looks like they have now updated the price.
They are still not off the hook. This isn't an issue of a delayed quote. The bigger issue is that they attached today's date to Friday's quote. "As of 11/17/2014" is the bigger pr…
From the First Eagle website
It appears that Morningstar is reporting Friday's closing price, which incorrectly indicating that it is for today.
@Old_Skeet and MFOers, are we going to have to double check Morningstar's quotes with another sou…
Notes:
Stats for the top quartile managers 2000-2010:
97% of those who ended up with the best record (=top quartile managers for 2000-2010) spent at least 3 of those 10 years in the bottom half of performance
79% spent at least 3 yrs in the bottom …
I'm skeptical of both these studies and the results.
Anybody else have an opinion of them? It's not only the data on the American Funds that I find difficult to believe. Even the data on the non-American Funds is hard to believe:
"How did other a…
Really? I found this on the Yahoo finance site under the disclaimer tag.
https://help.yahoo.com/kb/finance/SLN2310.html?impressions=true
Better get some knee high waders.
Most interesting. I was surprised and somewhat skeptical as soon as I read t…
Watching that series I linked to above, I learned that EVERY SINGLE soldier from Newfoundland was lost.
That's sad Max. It gives one pause to ponder it.
I'm thinking that the discount brokerages many of us use might be the best places for accurate prices and updates.
Morningstar's Portfolio Manager seems to be immensely popular. Wonder what the discount brokerages have in terms of similar tools.
This is a bit of old news but relevant as alternative funds continue to sprout up everywhere. American Century Multi Asset Income Fund. Basically a Unconstrained global fund.
http://www.thinkadvisor.com/2014/08/11/american-century-hires-former-gold…
Sears down 9.55% today......Amazing volatility in this stock. Looks like it is down another 0.96% after hours. Interesting to see what FAAFX and FAIRX will do today
Hello,
At about 9:30 AM EST I again phoned Morningstar and after going through the phone prompts my call was taken on the second ring ...
I detailed the concerns I experienced over the weekend to the service representative taking my call who note…
It looks like this investment vehicle is going to result in lower fund distributions to have to pay taxes on, as well as lower expense ratios. Two important issues. It gives active managers one big thing they want, which is to not have to reveal t…
Winning With Liquid Alternatives is a new book by Norman Mains. I picked up a digital copy off the Apple Book Store. This will be my evening reading for the foreseeable future. As this sector of the market is growing fast, I figured it makes sense t…
Although an extreme case, what happened with GM would keep me from buying any bonds in such a situation. Precedents were set.
Agree John, if you don't have confidence in the company, why would you invest in their bonds? If they go out of business,…
Hey. it only took three days, but M* status of my 1 star fund is now current...
Although I would have thought Friday's jump should have earned it a 2nd star...
FAAFX is not covered by a Morningstar Analyst, so it has no Medalist rating.
But FAIRX …
... and, with this I plan to extend this courtesy and call them on Monday. Thanks rjb112 for providing contact numbers......
I am thinking ... This is not good. Hopefully, they will have a fix soon?
+++++++++++++
I've found that Morningstar can g…
Friday 11/7/14:
GLD up 2.81%
GDX, gold miners up 8.31%
GDXJ, junior gold miners, up 11.33%
NUGT, up 24.07% (leveraged 3x gold miners)[BTW, when you "hover with your mouse", MFO incorrectly says it is 2x leveraged, not 3x]
JNUG, up 27.65% (leverag…
FAAFX up 6.6% today.
c
Don't see other winners sufficient to propel the fund to a 6.58%, unless the weighting in SHLD is a lot higher than the stated 8.48%
My guess is that the weighting in SHLD could be much higher than stated.
++++++++++++++
Be…
FAAFX up 6.6% today.
c
@Charles, I wonder if the FAAFX portfolio holdings or weightings have changed?
I sketched out the math and can't see how it went up 6.58% today.
Should have gone up 2.63% just as a result of Sears alone....and I can see an i…
The "paper gold" far exceeds the actual bullion that has been mined. Some feel if things were to go bad the holder of the paper might default. If there was a run on GLD next week, at some point someone would have to come in and either bail them or t…
Indeed, bullion ETFs are purely PAPER bullion. CEF is an exception - or Sprotts stuff.
rono
Rono or any MFOers,
What are your concerns with what you are calling "PAPER bullion", such as GLD?
You're not doubting that shares in GLD are backed by…
