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.
@MFO Members: Took the proceeds from FBTCX split 50/50 and increased my position in SPY and bought FRUSX for a steady income stream. If the Fed doesn't go crazy with rate increases, I think utilities will do well the remainder of 2016.
Regards,
Ted
@The Shadow & MFO Members: The Shadow knows ! Berwyn PA. is the home of Turner Investments, who spun-off the Berwyn Funds in 2004.
Regards,
Ted
The Shadow Knows:
@Mark & MFO Members "William Ackman, the chief executive of hedge fund Pershing Square Management and a major shareholder, would be taking a seat on the board." Is this a case of the fox guarding chicken coop ?
Regards,
Ted
@thundley459: You are correct, the fund is only available to clients of Vanguard Institutional Advisory Services® (VIAS).
Regards,
Ted
Vanguard Website: VAFSX Overview:
https://institutional.vanguard.com/VGApp/iip/site/institutional/investments/…
@MikeM: I didn't mean you, I meant the original poster. If I were in a similar situation I would take the money and run.
Regards,
Ted
Take The Money And Run; Steve Miller Band:
@Shipwreckedandalone: Corporate pension payouts are backed by the Pension Benefit Guaranty Corporation (PBGC), which is the equivalent of the FDIC. Here is some throne room reading material. Regards,
Ted A.K.A. Tom Hanks
Pension Annuity vs. Lum…
@Soupkitchen: That's true if you buy the A shares, however C shares have no front- load a higher expense ratio, and a deferred charge of 1% if you sell the fund within a year. Nice to see you back on the MFO Board.
Regards,
Ted
@MFO Members: 'The bigger they are the harder they fall', fits John Calamos to a tee. At one time he was known here in Chicagoland as the King of Convertible Bonds.
Regards,
Ted
@slick: You've learned the lesson that I was taught some 40 years ago, that is, dividends are the mother's milk of investing !
Regards,
Ted
P.S. I dumped FBTCX yesterday, but still holding PRHSX.
@AndyJ: I call this time of year on PBS, "begging season". My main PBS station WTTW doesn't even carry WealthTrack. Its seen in Chicago on a secondary PBS channel WYCC, run by the City Colleges Of Chicago at 5:00PM on Monday's, great time don't …
@MFO Members: From the what its worth department, of the largest ten holders of VRX T. Rowe Price has five funds who's total holdings are almost as great as Sequioa's.
Regards,
Ted
Sequoia 12,803,392
T. Rowe Price Growth Stock 4,878,50…
@hank: Hate to see you in the dark. (Click On Article Title At Top Of This Google Search) It should work in all three browsers IE, Firefox, or Chrome
Regards,
Ted
https://www.google.com/#q=cash+is+now+a+sin+jason+zweig
@DavidV: Thanks for helping heezsafe ! Jason Zweig's "The Intelligent Investor" articles were free up to about a month ago, but no more. Now, about 99% of WSJ articles require subscription.
Regards,
Ted
Junkster: "I would have to look, but haven't hedge funds performed absolutely miserably since 1/1/2009?" You are so correct !
Regards,
Ted
http://www.aei.org/wp-content/uploads/2016/01/hedge2.png
@msf: This trade should have never taken place. You can place a purchase order only if you hold sufficient funds in your account.
By regulation, brokers may not allow clients to purchase mutual funds on margin. However, once purchased and held a…
@TSP-Transfer: You link to KKR.Com didn't take, 404 Error, here is the Henry H. McVey article " Spotlighting 2016’s Great Debates"
Regards,
Ted
http://www.kkr.com/global-perspectives/publications/spotlighting-2016’s-great-debates
P.S. In my opini…
@TSP_Transfer: Speaking of K-1, you bring up a sore subject. My taxes are all done except for my Schedule K-1 1065 form from BX and KKR which won't come until very late this month or early April. Looks like I'm going to need to file an extension.
…
@heezsafe: Are you aware that David Snowball and Mutual Fund Observer has a working relationship with Brian Haskin's publisher of the DAILYALTS. Therefore, the Linkster will continue to link articles by Blaine Rollins, formely of Janus Funds, thro…
@shipwreckedandalone: As time goes buy, you'll learn that one must get up very early to beat the linkster to a article, but please keep on trying. Once again welcome to MFO.
Regards,
Ted
http://www.mutualfundobserver.com/discuss/discussion/26304/th…
@MJG: Interesting, but the chart you linked is from 1/2/15, today ,3/8/16, he updated the chart. Earlier this morning, I did link which at the time was his latest column, 3/6/16, " Bottom Fishing & New Bull Markets" Thanks for calling it to …
@slick: Glad to see you've become a 'haystacker', I have always felt one should not be trapped into a choice between passive or active management, own both !
Regards,
Ted
@Mark & MFO Members: Here the YTD-10 Yr. returns for AIAIX and FIBIX. Neither of the two funds are ranked in the World Allocation Fund Category by U.S. News & World Report:
Regards,
Ted
http://www.marketwatch.com/tools/mutual-fund/compare?…
@catch22: The only flaw that I can see is the string must be thicker and longer to withstand the challenge of Atlantic Ocean, the cans however need no adjustment. Have a nice rest of the weekend Catch !
Regards,
Ted
https://www.google.com/search?q…
@MFO Members: Here are the Bradley Siderograph for 2015-2020 for what their worth. if anything, you be the judge !
Regards,
Ted
http://bradleysiderograph.com/donald-bradley-siderograph-2015/
