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.
Buying opportunity in 2017. Build cash. Now, someone please quote me. If I get fired in the coming downturn, I could at least become a financial ANALyst.
TMCGX was alwayss the symbol for Turner Micro Cap, then Emerging Growth, then whatever....
The symbol for Turner Mid Cap is TMGFX.
So SMID is TMCGX...
Didn't understand that comment at all.
Sorry, but that article is complete hogwash. I don't know why I clicked. Horrible way to start new year reading.
There is recommendation for SPY, and total return bond fund. Yeah, okay.
then there is a Dividend fund. Whoop dee doo.
Finally, this i…
Always, ALWAYS book taxable losses. - You can immediately replace the position you are selling with something similar, but not identical. --
The only thing I would add: its not necessarily a best practice to wait til year-end to do this...
Pleas…
Amen to that! Unless you want to eat, drink, sleep, and breathe the markets 24 hours a day. And I mean that literally. Over the years have seen all these investors congregate in the same funds such as the aforementioned Whitebox as well as other…
@VF - I know you saw it coming, sorry to offend. I asked Charles because I thought he was one of the believers.
I have to wonder though if Mr. Buffett has been right all along. Just stick your money in an S&P 500 index and go live your life. If…
I looked at Rainier and saw a boom bust mutual fund shop and passed. I am flabbergasted at RAIIX performance. Wonder how people figure out things are going to work out...
Then again it is institutional fund, so...
I generally have a very low opinion of Customer Support. I think all corporations have pretty much given up on it, especially given clients can also be really obnoxious. It is a low paying job where CSRs are trained to go through a set of questions …
Blimey. In general, I think these guys know what they are doing. Doing this in Emerging Markets is going to be interesting.
Its only I shares though. So until it has a record, they will not offer retail shares, which would kinda suck.
I think The Fed is raising rates because then when recession hits (there is always a hindsight opinion and recession when announced really started much earlier), they can lower the rate again.
I am very skeptical about the competency of the people …
Let's see what has contributed to low oil prices to varying degrees.
Strong dollar
More fuel efficient cars
Shale oil or the threat of it
Paranoia shale will eat into margins at OPEC
Let's see what should cause a floor under oil price
Instability…
I am suffering from temporary insanity. I really hate this guy.
He is true piece of work, but let's be honest. He could NOT have survived without the help of other pieces of work. Just read the bloomberg article.
How does he convince people to inve…
Come on guys. A person who does not want kids HAS to pay for OTHER's kids education because those same kids will then pay Social Security because which will pay HIM in his twilight years.
In a society, we do things for each other. Otherwise called …
A better headline might be: Whitebox Getting Out of Mutual Fund Business.
I don't think they run more than three funds. I guess some strategies are more suited for a hedge fund format and vice versa. My impression was they had a great record as hedg…
Sorry, but if we can predict when it bottoms, it's going to matter less WHERE you invest. I'm really hoping Gold, Emerging Markets and Oil all bottom at the same time and US Global Investors has still not gone bankrupt and I can buy LEAPs for pennie…
Reuters is getting all over it. Looks like the indictment will be the first of many.
http://www.reuters.com/article/us-usa-crime-shkreli-idUSKBN0U01IM20151217
His parents were born and raised in Albania. Say no more. Fraud, embezzlement, black mar…
Pigs flying outside my window right now. A posterchild for Objectivism over Capitalism, this a-hole who had nothing to contribute to society, had nothing to do with inventing the drug whose prices he jacked up or took any risk, apparently got so gre…
El-Erian: the three "unhinged" asset classes are HY, energy, and EM currencies.
Some day El Erian would be right. I don't believe he has done anything for the individual investor after "doing well" with the Harvard Endowment fund along with almost e…
Let me understand this. The AMR class is held at a different custodian? So their sell will put downward pressure on NAV of other classes? I ask because I own BRLVX.
It is not timing. Everyone wants to buy focused funds like these after they have gone up and got everyone's attention and th n complain later. I have done that as well. I grew up.
Also do not reinvest dividends. Take profits.
Also I would prefer m…
Funds like THESE, you HAVE to Time your Buys.
What you are suggesting is market timing. Works for some, not for me.
Sure. Just because my name is not Warren Buffet, we cannot call what I say "buy when others are fearful and sell when others are gre…
I've owned Wintergreen off and on. Wait to buy. International AND Value not working right now.
Regarding Vulcan, someone especially recommended to me answering to a question. I took a look. Decided to hold on.
Come on guys, I keep saying this twi…
Of course not. Bond funds will go down. Lot of lame-o's like me who don't understand bond funds will see "rate hike", equate it to lower prices for all bond funds and sell some Doubleline fund shares.
Whatever the Fed will do today it will regret l…
It is what it is guys. When markets are in trouble and one uses a weekly moving average evaluated daily, you will get "whiplash".
The point I'm trying to make is once this "whiplash" is resolved, and we look at it after few months, the "marketing" …
Why we complicate life. It is always when vs what. I wonder why I don't get tired of saying this. Maybe because we keep debating :-)
Even full market cycle means nothing. I know if I did well with a fund it is not because of the fund but because of…
Like I have opined before, I think PGIRX might have a better risk / reward going forward and has larger manager ownership, while a shorter record (and hence no mention in magazines).
I don't do sector funds as a rule. However materials/gold/energy weighting is where I would look when trying to follow my "when vs what" mantra.
I think tech, financial, healthcare takes care of itself. One thing that might need extra attention is …
