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Agreed, Ted. But hey, it gets people to click on the link! ;/
@MFO Members: "Investors Are Swarming" is somewhat misleading. The fund's inception date was 2/11/13, and with just 194.5 million in assets I don't think you could call that swarming…
That's .... beyond stunning. Wonder how many folks buying into this thing consider themself informed, educated, and/or "sophisticated" investors?
Let 'em play with their money; I have better ways of spending and investing mine.
Don't feel bad - while I didn't get burned by them directly, given the GFC and the sector's refusal to learn from its mistakes, because I don't trust them or their math, I refuse to own nearly anything from the banks or financial sector!
It may be s…
Excellent fund, which I own as my only direct tech sector exposure. Like that it's nicely global and more importantly, as I've said elsewhere in the past, doesn't hold the usual "top 10" tech companies like everyone else. In other words, it zigs…
No, I really, really don't.
What I do want is a currency-hedged fund that holds currency which itself is inversely-hedged. ;)
... but I'm sure some sucker(s) will leap at the opportunity to look like sophisticated & knowledgeable investors …
If they're rebalancing or perhaps modestly adding to positions (as the TRP guy is doing), okay. If they're going hog-wild and overloading existing positions or dumping massive AUM into new ones, given this was a 2-day "blip" in the grand scheme of…
I am very much aware all this could change in a moments notice with the market being so high, but thought I would report my surprise finding for those that think indexes are the only way to go.
Good points, and sure, there are some active funds tha…
Good to see some action on this issue -- which gives us "little people" without our own SuperPACs or paid-for legislators plenty of time to begin planning for how we'll endure and/or exploit the (next) Greater Financial Crisis when these rules blow…
Some good ones, to be sure. Mike Post indeed wrote many themes of my youth.
I'll toss in 'Airwolf', 'Miami Vice', and 'Renegade' as ones that should've made the cut, too. Come to think of it, Nelson Riddle's jazzy opening to 'Emergency' would b…
Yup. A grand historical case study in military if not also SIGINT history. One of my favourite battles to re-visit as an amateur historian.
BTW check out the Nimitz Greybook at the US Naval War College. Truly a superb "insiders view" of things …
Thx Ted. That's what the WT site says, but I didn't see it on either of the station's schedules, nor does my Tivo pick it up on the program guide. I'll see what tomorrow brings, though. Maybe they're wrong and I just need to schedule the recordi…
Sad that Maryland Public TV apparently dropped WT. My DVR hasn't been recording it for a while, and I'm unable to find it on scheduled in any other Maryland or DC public television station listings, either. ;/
Presumably OUT given all their account-related scandals at their banking arm. That said I have a trust account at the full-serve WFA and have had nothing but good experiences there and a rather good, low-key, non-pushy FA to work with. If he ever…
Prohibiting preferreds, munis (not that you necessarily should put them in an IRA), and other forms of relatively popular and 'safe' corporate debt in a retirement account? Is it me, or is that crazy? Heck even some of their brokers are questionin…
Insanity.
I make it a point of never investing in a fund that tracks an index developed by the fund company. IMHO the index thus becomes a marketing thing for the fund, not a benchmarking measure to track -- which I don't care about either.
IE: …
If you're worried about tracking, also run something like NoScript that prevents tracking scripts and ad networks from following you. It'll take a while to learn/configure (sometimes annoys me even today when a site doesn't work as expected b/c it…
I'm a longtime legacy ThinkorSwim (now TDA) customer and been quite pleased w/their offerings, fees, and customer service. Not had any problems that I can think of ... and yes, they have a good selection of NTF funds and offer lower-level access i…
Ted do you care about ROC on FAX? Looks like it's been spinning off a ton of ROC in recent years.....
See:
http://cef.morningstar.com/distribution?t=FAX®ion=usa&culture=en-US&ops=&cur=USD
BenWP: Regardless of the discount or …
Here we go again.
Sell in May! Hold steady in May! Sell in May! Hold!
Blah .... stick to your plan, think for yourself, avoid the bubblegum financepr0n advice, and profit!
Anyone want to join me in funding/launching the Cybernetic Strategic Dividend Equity Growth and Absolute Return Income Performance Fund? And also, how about the closed-end Dart Throwers Syngergistic Enhanced Equity Fund?
I have the fund sponsor'…
I don't put much faith in theirs - or any MSM publication - list of funds to own. As mentioned above, they do tend to oversimplify things to reach the widest # of readers' experiences.
I've been a Kip reader for many years mainly for quick-skim …
Aren't economists the ones who are always right in hindsight, yet nearly always wrong in their "predictions" and "analysis"? (Yet ppl still listen to them, which baffles the mind...)
As with many disciplines, academic pedigree or professional cert…
I am not an index fan myself. So I'll offer two ideas ...
VMVFX ... yeah it's got 300ish holdings but it's about 50-50 US/international, skews midcap, and doesn't have the "usual suspects" in the top 10 places. And cheap at IIRC .30 ER or less.…
I don't get it ... LPEFX is a fund of funds and individual holdings that are publicly traded on exchanges. There's nothing special to see here unless a person doesn't want to buy individual stocks/firms.
Screaming buy? Kicking and screaming...then bye-bye is more like it.
Wasn't there a time when overbooking meant that some lucky passengers were going to receive windfall for giving up their seats?
They do ... up to I think $1500 max, paid in cash,…
Two things:
1) The flight was not overbooked as first claimed. UA just didn't plan properly on how to manage its crew movement/relocations that day (acc. to Bloomberg article this morning) The airport police botched this situation ... but did t…
The article positively mentions that TCLOX owns real estate property and implies that's helpful diversification.
According to M* that fund-of-funds holds less than 1% in real estate. Why the Barrons writer thinks that almost-invisible percentage i…
Alternative analysis? (Sorry, too easy....)
Okay, everyone stop, and please explain. If one can clearly see Vanguard index funds are performing better than Schwab index fund, then WTF is Schwab trashing its own credibility by saying it is a winner?
"Passive fund managers have no need for the comprehensive fundamental data provided by the Bloomberg terminal and as active managers look to cut costs, reducing the number of high cost terminals will likely be the first action taken to reduce spend…
Oh ... my .... gods. That is alcohol abuse of the first degree -- VF, good action taken in response!!!
PS - One guy I didn't know too well came over for a Party once. He put coke in McCallan 18 year old and drank it. Needless to say he knows he …
My 'go to" Scotches are mainly Speysides - Balvenies (Carribean Cask - yum!), Macallan, Glenlivet and Mortloch are my faves. Also like some of the far-north ones like Jura and Scapa. Peaty ones from the Islay region are definitely NOT starter wh…