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.
I have been buying very small amounts of S&P 500 index yesterday and today from the large proportion of money I have in my stable value fund in my 401K (about 0.8% of my total 401k value…right now about 58% stable value, 42% S&P 500 index), …
So what do you think about BURFX, QMNIX, QLEIX? Are they exceptions confirming the rule?
Just an example of it is not a good idea to paint all funds in a given category with a broad bush.
A year for stock pickers. There have been several stock funds that have managed a double digit gain YTD. And of course the mighty MCXIX is up 48%. Nothing has worked? Bah!
I owned this fund a few years ago. Had it for a year then dumped it. "Broken" might be too harsh as to the reason why I dumped it , it just did not meet my expectations and it just wasn't going anywhere, maybe down a few percent overall while I owne…
I own both FSPHX and FBIOX. I might be a little concerned about biotechs this year if Hillary wins the Democratic primary. Political discussion will be at the forefront as this will be an election year, one of those topics will probably be healthcar…
@Chinfirst........sure you are aware, but Fido has 2 energy related select funds.......FSENX and FSESX.
Any opinion on the best energy sub-sector and market cap to go into? Better to go global or domestic?
@Chinfirst
This list is from M* for the energy sector for mutual funds. There are duplicates of funds on this list, due to various classes of the same fund.
Click on the "YTD" or other columns to sort returns by best or worst.
Regards,
Catch
Tha…
Mark, thanks for your advice. I don't have have a Fidelity account. I would still prefer a mutual fund rather than an ETF. The fund I have been considering is VGENX, but the main fund manager is going to retire. I will have to research what other mu…
Chinfist, what is the goal of owning 4 Alternative funds in a portfolio. Just curious on the thinking behind this. In asking that question I do have a bias. I myself wouldn't own 4 of any type kind similar fund category where all funds had the same …
I would like to see Gundlach start an unconstrained fund of his best ideas not exclusively tied to bonds ....
I've had that thought too, and every time I do, check out DMLIX (multi-asset growth, I think the closest thing to that approach in his fu…
I would like to see Gundlach start an unconstrained fund of his best ideas not exclusively tied to bonds, such as when he recommended shorting Apple and the yen a few years ago, and now I believe he is big on the Indian market, at least for the long…
The only offhand example I can think of in Sci-Fi is Star Trek TNG, which was utopian. In some episodes they essentially said that mankind evolved and outgrew its thirst for power, there was even the elimination of currency. From this, it seems tech…
By adopting technologies that replace workers, companies are only hurting themselves in the end. If AI and robotics/automation replace a significant amount of workers and we have a very high unemployment rate, you have a lot less people who will be …
Yeah, my reason for selling it was a combination of it's performance and without going into detail how it was currently fitting in with the rest of my portfolio. It made more sense for me to sell it and put it into an all stock fund (I have been ven…
Good luck to those in it.
LOL, I cracked up seeing the Seinfeld as it relates to this fund. Fully appropriate. It is up nearly 50% YTD though so they are doing something right. I'm sticking with it.
I have owned it for around a half year, and I agree with little5bee as far as it being a roller coaster ride. It will will make you very happy when you least expect it (when the market went way down a few months ago, that one day MCXIX went up 9%, p…
little5bee and wxman, yes, the performance of MCXIX certainly eased the pain some. This is the most unpredictable fund I have ever owned. Normally I would be concerned with such unpredictability, but at this point, who cares?
I was on vacation for a week or so and came back to a messed-up portfolio! I own four funds that managed to hang in there against all odds:
AZIDX -- recommended by someone on the discussion boards (don't remember who)....THANK YOU!!
BMATX -- dit…
I did something. I took the opportunity to buy some mutual funds to capture the end of Friday's close. I bought a couple domestic micro cap funds (I figured if China's economy contributed to the market decline, it might be better to go smaller cap, …
Both of those look like good funds. I own GAOAX and have considered RPGAX. I also own QVGIX, which you might want to look at also.
I was looking at the Oppenheimer fund and noticed that the fund managers have been there for about 3 years or less. I…
O@willmatt72: U.S. News & World Report ranking of World Allocation Funds.
Regards,
Ted
http://money.usnews.com/funds/mutual-funds/rankings/world-allocation
I own HCOYX also, which is ranked number 1 on that list. I did not mention it as a recom…
1. For an interesting and slightly different take on many aspects relating to the Chinese currency policy change, here is video commentary on the matter from Andrew Foster, CIO of Seafarer Funds:
http://www.seafarerfunds.com/video/2015/08/changes-t…
@TSP_Transfer ,
I have ROBO on my watchlist but I am surprised at the lack of interest. I sense this area will really take off.
I used to own ROBO, but switched it out for XT. It didn't seem to go anywhere while I owned it. I still think ROBO mi…
MikeM,
You might want to consider AZIIX. A "structured return" fund, with better performance than RSAFX. I own both of them, but am considering dumping RSAFX and keeping AZIIX. Another fund I recently bought with bond like returns with low volatili…
PQTIX is up 2.38% for YTD. Not bad at all.
http://performance.morningstar.com/fund/performance-return.action?t=PQTIX®ion=usa&culture=en-US
PQTIX is up 3.02% YTD. I knew there was a reason I continue to hold this fund.
No problem Ted, and just so you know I am not meaning to be confrontational (I know how the tone of Internet discussions can be misinterpreted). The 3 fund portfolio you listed are all stock funds. We have been in a 5 year bull market, so of course …
Scott, I agree that rates might not go up this year, but I'm thinking 2016 or 2017. I agree that floating rate funds could be a good place. I think dividend paying stocks could get hurt, just as REITs as you mentioned. It all could wind up being buy…
Ted, I was only referring to the period that yields went up during the 3 or so months of whichever year it was (it was during the last couple of years), not the entire year. During that period, both stocks and bonds went down. I could be mistaken, m…
Diversification limited to just stocks and bonds might have worked well during a period of decreasing interest rates. We are now at low interest rates and may be in for a period of rising interest rates, at least in the foreseeable future. Was it th…
Ted, I am not completely sure if I understand what you mean. I regard a fund that invests in commodities and currencies as a diversifier, unless you don't believe diversifying is a good strategy. To each his own.