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.
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Statement from fund:
http://www.…
As I recall, VWELX ended up, briefly, on Roy's 3-Alarm list. And certainly I have owned others that spent a brief period on the dunce seat. I do not regard it as a reason to sell.
There is a "share" button right below the strip. That would seem to alter the complexion of things. And is a way to go viral, I'd guess. (I don't tweet, tumbl, Instagram, Facebook, or similar, so don't know what happens when one "shares" in that fas…
@Maurice: I've gone to several Acorn shareholder meetings (missed last year). My impression is that Ralph Wanger is very emeritus. He sits in the front row and graciously accepts applause, which we happily render. Also, there seems to be quite a bit…
PRNHX up as a major holding, Restoration Hardware (RH), swung to a first-quarter profit and earnings beat analysts' estimates. Both VGHCX and PRHSX were up. ARTMX was up. Just one day in a multi-decade endeavor.
@dryflower: Many have gone through the questioning expressed in your post. After furrowing my brow for about 5 years, I said good-bye to TAVFX. My deeper fear was that Marty Whitman and crew had gone into Asia without the knowledge base of, say, a M…
A snippet from the article:
The company posted a net loss of $98.3 million, or $0.97 a share. Analysts were looking for a loss of $0.52 per share.
...
The electronics retailer said it ended the quarter with total liquidity of $423.7 million, includ…
I would favor active moderation from 3 grim reapers.
@Dex: Enforceable rules work if enforced. If posters know that a gratuitously rude comment directed toward another poster (for example) will earn them a day's suspension from posting (or some oth…
M*'s Samuel Lee looked at 31 short-term bond ETFs and compared them with some bank CD rates, concluding that bank CDs are better right now. He notes that Synchrony Bank and Barclays offer 5-year CDs yielding 2.25%. "There is no better deal out there…
This, another offering in M*'s small series on the active share metric, looks at the spread of active share for 20 large-cap foreign funds (by assets). Artisan ARTKX tops the list, with an active share of 94.3. FILFX, Strategic Advisers, is in 20th …
Author's thesis: Correlations among different sectors of the market have been falling, which should produce a better environment for stock-pickers.
In May, the average correlation of the 10 S&P 500 large-cap sectors to the index itself was just …
I too regret the ecology of the board in its current shape and feel that it is approaching a turning point from which it might be difficult to recover. Forums sometimes go through multiple iterations before settling down (the example of M* might be …
This question is being pursued on an M* forum:
http://socialize.morningstar.com/NewSocialize/forums/p/337599/3534999.aspx#3534999
So far, no on Fidelity platform, no on Scottrade, yes on TRP. Note, some of these are untested responses. That is, to c…
Folks at fairmark.com can answer questions like those Mona (and possibly bee, if it was a question) asked. Enrolled agents and tax attorneys, among others, volunteer time to answer questions.
Until financial literacy is on the college entrance exams, it won't be taught.
Articles like these, full of non sequiturs and hidden assumptions, get my dander up.
A few counter-statements:
1. 20-year-olds should be investing heavily in themselves…
Poster "RetiredLimoMan" on the M* boards very frequently puts up performance comparisons of Funds A + B vs. Funds X + Y over discrete historical time periods. It's my impression he uses a publicly available means to do so.
Hope this helps.
Nath, may I suggest you visit the Morningstar forums (Morningstar.com), especially the Allocation/Balanced Funds forum and the Mutual Funds forum. You may get more help there. There are tactics for selling, tactics for staying invested (or not -- bu…
I would suggest reposting this question at fairmark.com, where it will collect responses from accountants, enrolled agents, and the like. They can quote sections of IRS publications and tax law, if you like.
Ballast in my portfolio yesterday came from the same funds that provided ballast during 2008-2009: VWELX and TBGVX. MAINX, too, this time (though my position is tiny). ARIVX and MFLDX provided slightly less ballast, so I am getting some answers for …
Reply to @Mona: Sorry to hear of your tribulations.
May I suggest, if you really want the plan you were denied, try to work through other channels. Perhaps a dr. can phone the insurance company and attest to the robust good health of your renal sys…
No hard data, and not sure whether to add this thought here or as an adjunct to Scott's post on another thread, but -- rough picture -- I think the effect on discretionary will be strong, especially for middle- and lower-income wage-earners, includi…
A useful reminder, though unfortunately it won't reach or be read by those who need it the most.
I can think of various scenarios in which accounts appear to be idle, such as job loss and no contributions for a period of time.
This flies in the face…
Reply to @VintageFreak: I took the M* comment to be negative. If anyone has an M* membership and can read the full-membership-only commentary, I'd be very grateful.
Vanguard has gone to some effort on its website to educate investors about bonds (I …
Thanks for the info. Friday, in other words.
I am trying to think of a reason to invest in this fund. I owned it in the way back, when Artisan portfolio managers left Strong to start their own shop, then sold it.
Artisan nicely put up a chart showin…
Thanks to all. @AndyJ, you are completely right. I'm in the process of trimming and reconfiguring my portfolio; thanks for the timely prompt (though I think the answer is "none").
@Scott:
May I ask, what leads you to ponder T. Rowe Price's new global asset allocation fund? Some skepticism about TRP's credibility in this area is expressed on this M* thread:
socialize.morningstar.com/NewSocialize/forums/p/322814/3401260.aspx#34…
Reply to @MaxBialystock:
Please see publication 590 http://www.irs.gov/publications/p590/
and pose questions on Fairmark.com, where questions are answered by CPAs, enrolled agents, and others.
VWELX - Since 80s. Inertia. Soon I'll be Admiralized.
VGHCX - Since 80s. Bought at $30; last close a whisker short of $160. Yippee!
ACRNX - Since early 90s. Inertia.
ARTMX - When fund managers left Strong and started Artisan, I went with them. Like …
Thanks, Andrei. Further in the debunking category: 20- to 25-foot waves are not *that* uncommon for Chicago. The Third Coast also has rip tides, in which ppl have died. I'll stroll out later today and have a look.
Surfers yesterday:
http://www.sunti…
Reply to @claimui: Thanks for the link to the Bogleheads discussion, which parses the issues folks are concerned with. Especially at bottom of page 2 of the comments, "ClosetIndexer" ran a comparison of some MSCI and CRSP indices on size and value l…
Not sure where to put this: the witching date for Marketfield MFLDX is October 5. The "New Fund" commences operations on October 8, at which point the current investment adviser, Marketfield Asset Management, LLC, becomes the sub-adviser. (I'm still…
Reply to @VintageFreak: Vanguard used to put out a nifty small booklet describing each fund in nuce. Then they stopped. Trying to open the Summary Prospectus last night hung up the computer each time, so I will say what I remember about old Wellingt…
