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.
@davidmoran: It has nothing to do with Tubman, its doing a dishonor to the office of the President of the United States by removing him from the front of the bill. I will not discuss this any further, except to say the hell with political correctn…
@MFO Members: Putting Andrew Jackson from the front of the twenty dollar bill to the back is a joke. The country is going to drowned in political correctness.
Regards,
Ted
AMFO Members: I never go anywhere without a pocket full of cash, I use a rubber band as a money chip. Cash is king in my house !
Regards,
Ted
https://www.google.com/search?q=cash&biw=1067&bih=487&tbm=isch&imgil=KKxS…
@jerry: "I remember many years ago when it for one year one of the top records." I believe that's when George Washington was the fund manager.
Regards,
Ted
@MFO Members: Looking at this fund's performance percentile ranking, all I have to say is the fund doesn't deserve a wake. I won't be sending any flowers
Regards:
Ted
@TSP Transfer: Hold on, not so fast, although Daivd Swenson does a great job running the Yale Endowmentt Fund, over the last ten years a 11.2% return has beaten him. I just proves that David can beat Goliath.
Regards,
Ted
http://www.nytimes.com/201…
Derf: Trust me, if you click on the article title at top of Google Seach in IE, Firefox, or Chrome with desktop, orlaptop computer you will be able to read the article.
Regards,
Ted
@MFO Members: Here is the WSJ article that was linked by claimui. Click on article title at top of google serarch.
Regards,
Ted
https://www.google.com/#q=Sequoia’s+Redemption+With+Securities+Is+Tax+Efficient+wsj
@heezsafe & MFO Members: Well ! Well ! its safe to come out from underneath the covers, its not Armageddon after all.
:J.P. Morgan Chase & Co. said its first-quarter profit fell 6.7% as the largest U.S. bank by assets was hurt by tough cond…
@heezsafe:Yes, the banks will be having a bad quarter, but as 15% of the S&P 500 the financial sector will be supported by the other sectors. A rising tide lifts all boats. Are you predicting this ?
Regards,
Ted
@hawkmountain: Here the nuts and bolts of the the on again off again merger. Norfolk is 3% of FSRFX and will have little if any long term impact on the fund.
Regards,
Ted
http://www.usatoday.com/story/money/2016/04/11/canadian-pacific-railway-norf…
AndyJ: Investors in Annaly Capital Management didn't take too kindly at first to Monday's news that the real estate investment trust had struck its biggest deal yet: Shares of the company, which invests in mortgage debt, fell as much as 2.4 percent…
@MFO Members: One of my core holding for income is one of Bill's recommendation NLY. They just purchased Hatteras Mortgage that bodes well for future earnings, and with a 11.5% yield should be given serious consideration.
Regards,
Ted
@ducrow & MFO Members:: Here's the problem with OAKBX and it's performance: Very long-term 10-15 years excellent, medium term 3-5 years below par, recent term YTD- 1 year horrible.
Regards,
Ted
Years: Percentile Rank:
15 2
10 …
@ducrow: (I'm moving this to the top so it doesn't get buried)
If we have a bad crash the vast majority of funds will get crushed. Having said that, I believe there are better Moderate Allocations Fund choices. For your information I'm linking U…