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.
@Dex: In the future don't ever quote something that the beloved Art Cashin didn't say. What he did say was the "Fed won't raise rates in June". Which is true.
http://video.cnbc.com/gallery/?video=3000355356&play=1
@MFO Members: "Edge Of The Abyss", that's nonsense the two sides are in the middle of negotiations. Both sides will give a little, the debt issue will be resolved, and Greece will remain in the EU. Now can we move on to something important, when …
@JohnChisum: The early bird gets the worm !
Regards,
Ted
http://www.mutualfundobserver.com/discuss/discussion/19082/investors-continue-to-shun-equity-funds-pimco#latest
@MFO Members: Can you spell turkey !!! Nice percentile rankings, right !
Regards,
Ted
http://performance.morningstar.com/fund/performance-return.action?t=WGRNX®ion=usa&culture=en-US
@Old_Skeet FYI:
Regards,
Ted
PFF:
2013: -(0.90)%
2014: 14.10%
ER: .47%
Two Year Average Return: 6.6%
SPY:
2013: 32.21%
2014: 13.46%
ER: .11%
Two Year Average Return: 22.84%
QQQ:
2013: 36.63%
2014: 19.18%
ER: .26%
Two Year Average Return: 27.91%
PRH…
@Old_Skeet If it wouldn't be too much trouble, I'd like to know what was the average return of your 52 funds in 2013 & 2014 along with the average cost.
Regards,
Ted
@ FREDX doesn't yield quite that of FRIFX; however when it comes to performance it's far superior. FRIFX YTD-10 yrs. has ranked in the 85-98% percentile which qualifies it as a turkey.
Regards,
Ted
@David & MFO Members: Larry Swedroe is the chief public relations man at Buckingham Asset Management, and to the best of my knowledge has never managed not one single penny of anyone's money.
Regards,
Ted
Larry Swedroe:
http://buckinghamadvisor…
@MFO Members: In the Linkster's opinion stock buybacks are neither black or white, they are 50 shades of gray. In order to continue the conversation here is more on the subject.
Regards,
Ted
Share Repurchase:
http://en.wikipedia.org/wiki/Share_repu…
@MFO Members: As few statistics that I hope will convince you to own a health care fund.
70% Of Americans take 1 Prescription Drug
50 % Of Americans take 2 Prescription Drug
Total Of 402 Billion Prescription
Cost $329.2 Billion
P.S YTD:
PRHSX +4.…
@Carefree: A very expensive and poor performing turkey turkey ! Here is some information from Whitebox Website regarding expenses.
Regards,
Ted
As of the date of the Fund’s current prospectus, the gross expense ratios of the Fund’s Investor Shares…
@Puddnhead: For your information here is a list of 16 microcap funds from M*.
Regards,
Ted
M* Microcap Funds:
http://www.morningstar.com/invest/categories/microcap-funds
Going Micro ? Skip The ETF's:
http://online.barrons.com/articles/SB500014240…
@ John Chisum & MFO Members: Brian takes leave of absence from NBC.
Regards,
Ted
http://www.nytimes.com/2015/02/08/business/brian-williams-to-take-leave-from-nbc-nightly-news.html?_r=0