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Another interesting Tech heavy fund is FOCPX.
M* profile:
Portfolio manager Gavin Baker runs Fidelity OTC Portfolio with an unusual mandate: By prospectus, at least 80% of the fund must be invested in stocks listed on the Nasdaq exchange...
3 yr c…
In my experience holding periods vary as well as early termination fees. These often mirror the fund company's rules, not USAA.
As an aside, USAA's brokerage platform (called Fund Marketplace) is a redirect away from USAA home site and is managed …
I purchased PRMTX back in the heyday when prices were low and started with PRGTX much in the same way. DCA into both funds and have used the profits to build new funds.
How do these funds differ and are they different enough? Both have been succes…
The UN and the rest of NYC could start by drinking really good NYC tap water. Here's the carbon footprint of bottled water coming into NYC from Europe and Fiji:
@LewisBraham,
I'm sure this is true for the very poor, but my point is if you take two co-workers being paid similar living wages over 30 years, the one who was frugal (a saver) eventually has these assets unfairly redistributed to the co-worker wh…
@LewisBraham said,
"Also, my impression is that withdrawals from Roth IRAs don't count towards income for the ACA so there are strategies for those who want to retire early"
It's difficult for a retiree (younger than 65 years old) not have to take …
If life expectancy is currently at 83 for women, that means 50% will live beyond age 83, and a good portion of those will live way beyond 83. As we tell folks all the time, "Tell me when you are going to die, and we will tell you exactly the path…
Nice Interview. A good dose of media alarm-ism shunted by practical economic counterpoints from Florence EID-Oaken (I'm a new fan of this lady).
With regard to US selling oil to China and other countries. Wonder if it will be paid for with US Res…
Recent Article on why not to buy into the hype of alternatives:
" A combination of cash instruments like money markets and CDs along with a high-quality, short-term bond fund and a similar quality intermediate fund will do the trick."
alternative-…
Harnett made a comment on the relationship of gold and the US Dollar. The two typically move opposite one another. Harnett briefly mentioned that investors should pay close attention to their market investments when these two currencies "move togeth…
Two funds that come up on my radar in the multi-alternative space are PONDX and LSIZX.
PONDX (multi-sector bond fund) seems to goose performance with derivatives and is a strategy that charges ER of .79. LSIZX (nontraditional bond fund), though pre…
@VintageFreak,
Nestle makes the very best...Ozarka and many other hydrations.
VF have they contacted you with regard to your single malt? I'll have a double.
nestle-waters.com/question-and-answers
I've found I have to be careful using M* charts with regard to cef's. When you bring up a chart on an oef (e.g., PIMIX in Bee's post above) .
Best, AJ
Thanks AJ that's helpful...wonder if M* could add a chart option. Display one as "PDI nav" and t…
Ha. Most of the screaming has been mine about PDI performance the last year or so.
M* does a nice job of charting total return. If you look at purely a price chart (i.e. yahoofinance) the share price since 6/30/14 has dropped over 10%:
But during…
Neither nerves nor Kahunas of steel.
I agree that a portfolio should have cash and bonds for all the reasons you mentioned. I was just pointing out that we compare these investments (bonds and cash) to stocks as if they are very similar when they …
Any investment over any given period of time can be described as trending either higher (gains) or trending lower (losses) over that time duration. An Investment has to overcome previous market volatility, inflation, taxes, management fees and tradi…
Lewis: Not in my lifetime probably, but in the future greatly shortened work weeks may be one tool to deal with the lack of jobs.
Sounds like a campaign promise,
"I will shorten the work week until we reach full unemployment".
Here's hoping @Ted that your illness is only "a short trip to the woodshed".
One of my favorite Ted threads is when Dr. Ted would prescribe the woodshed for my comments that suffered from LTS... (Low Ted Standards). Maybe you have spent some time t…
Understanding the 'Hold Harmless" provision with regards to SSI and COLAs:
nhold-harmless-rule-protects-social-security-from-medicare-premium-increases
In a related article:
"with demand growth for zinc and other metals waning in China somewhat, with a notable downturn in new construction there among other things, you wonder if, or to what degree, Glencore is chasing down a declining market (in gr…
Since reading this thread I've pinned the word "liquidity" to a few of my remaining brain cells. Here's David Fuller of Fullermoney commenting on the concept of "liquidity" and the recent closure of a highly leveraged etf:
"Generally speaking, a hi…
Lump sum. But I earn my money in lumps.
You must be a prize fighter or crabber (lump crab). I'm a baker... I earn mine in crumbs and slivers and as a result my dough is slowly raising.
Bought gnw bonds yield 7.2%...bb~ rating
Hi @johnN,
Could you remind us how well all of these individual bonds are working for you? Have you found helpful resources for researching individual bond selection and for cost effective ways to purchase t…
@David_Snowball,
This may be an unrelated scenario, but over the next 30 year cycle there will be a large portion of our economy (baby boomers...you included) that will be spending a sizable portion of their retirement as their main source of incom…
@catch,
This approach (buying into a new fund) might have some advantages, but the SEC produced this cautionary article and it seems to be a good general reminder of the success of any mutual fund:
-Scrutinize the fund's fees and expenses
-Know ho…
Do most of the buyers of the new fund also still wait outside all night for concert tickets and apple phones and, dare I say, do you go shopping when the rest of the us are comatose on Thanksgiving?
Sorry, but I just don't get the hype. Nor the ru…
TPP and its impact on Global growth talk about here (Frank Holmes):
Trans-Pacific Partnership (TPP)
Trade Pac
TPP webpage from US Trade Office:
https://ustr.gov/tpp/
As I learn more about Roth IRAs I believe there may be diversifying potential with a Roth REIT IRA. Custodians for Roth REITS are hard to come by for small investors, but owning individual properties that are bought (hopefully at a discount), manage…
