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.
@Old_Joe: This should end any lingering doubts about the market's direction. It should be clear sailing from here to end of year. I'm discussing the matter with my cat Pink, and may revise my year end S&P 500 forecast upward from 15% to 18%.
…
@JohnN: Sorry John, but I linked this article at 5:00 AM this morning, but don't stop, keep on linking.
Regards,
Ted
http://www.mutualfundobserver.com/discuss/discussion/15730/bill-gross-used-45-billion-derivatives-to-lift-gain#latest
@Mfo Members: Calpers paid $135 million in fees to get a 7.1% return last year.
Regards,
Ted
http://www.bloomberg.com/news/print/2014-09-16/calpers-pulls-all-4-billion-in-hedge-funds-citing-costs.html
@MikeM: Thanks, you should get the congrats, your Bills ae 2-0. I was shocked the Bears were able to mount a comeback. Based on the first two week it appears there will be a lot of parity in the NFL this year.
@MFO Members: We are blessed here in Chicagoland by having the largest Polish population outside of Warsaw Poland.
Regards,
Ted
Beer Barrel Polka: Frankie Yankovic:
@Charles & Bee: You think yours was bad, I might have to ask my wife to go out and find a job ! Walmart greeter ?
http://www.myworkbreak.com/jokes/wise_greeter_wal_mart.htm
VF: You now have won this title for your constant use of low class, uneducated, toliet language.
https://www.google.com/search?q=potty+mouth+image&newwindow=1&biw=1600&bih=731&tbm=isch&imgil=Tl4X4P9hJi-B8M%3…
@ MFO Members: Same cartoon direct from Scott Adams Website. Now, if I view it its OK, but if I link it, its a copywrite violation, of course not. Come on people lets get serious.
Regards,
Ted
http://www.dilbert.com/strips/2014-09-10/
@Junkster: In case you missed this earlier link.
Regards,
Ted
http://www.mutualfundobserver.com/discuss/discussion/15615/average-stock-declines-from-52-week-highs#latest
@Desota: Don't worry, I got your back on this one. The next crusader that get on their soap box can look foward to this.
Regards,
Ted
1. Editing MJG messages.
2. Checking to make sure Vintage Freak is not over medicated.
3. Reminding David Sno…
@Desota: I've never been a fan of team managed and loaded-fund either, but unlike Charles, I give credit where credit is due. They have a number of excellent funds.
Regards,
Ted
BrianW: With all due respect, I promised my cat, Pink, I would feed this turkey to him on Thanksgiving Day. Its never to late to sell a fund.
Regards,
Ted
Total PercentileRanking (09/08/2014)
1-Day 98%
1-Week 99%
1-Month 99%
3-Month 15%
YTD …
@hank "It's hard for me to read around the WSJ ad covering 80% of page and was unable to cut and paste the relevant passage." Hank, just click off the add, and read a clear and easy to read printer-friendly version.
Regards,
Ted
@Old_Skeet: Held IJH for close to five years which a nice performance, beating, SPY, but thought it was time to try and capture the upward momentum of the Nasdaq.
Regards,
Ted
YTD:
QQQ: 14.82%
IJH: 8.15%
Three Months:
QQQ: 8.11%
IJH: 2.2…
@Old_Skeet: Great minds think alike, I dumped IJH and took a position in the Q's about nine week ago, and have added to my Q's position twice since then.
Regards,
Ted
@Kaspa: When John Bogle went to Jim Barrow back in 1985 it was the beginning of a great fund. However, in 2003 Vanguard started bring in one fund manager after another spoiling the broth, plus asset blot. I'd take a pass on VWNFX, and in my opinio…
mzckf: I've got LCPCX on my radar, up 22% YTD.
Regards,
Ted
http://performance.morningstar.com/fund/performance-return.action?t=LCPCX®ion=usa&culture=en-US
@Pat Shuff: In case you missed this audio interview with James O'Shaughnessy.
Regards,
Ted
http://www.mutualfundobserver.com/discuss/discussion/15417/masters-in-business-q-a-with-james-o-shaugnessy-audio-presentation/p1
Maurice: Yes, you correct ! 12b-1 fees have been the subject of nemorous attempts in Congress to eliminate them.
Regards,
Ted
Here is a Scott Burns article from 5/98 quoting Roy Weitz on fund fees.
http://www.uexpress.com/scott-burns/1998/5/17/its…
@Bitzer: Here is the list of new 2014 Alternative Funds highlighted in David's September Commentary.
Regards,
Ted
http://dailyalts.com/new-liquid-alternative-fund-launches-2014/
@Gary: The farm is located north of Epworth, a little more than half way between Dubuque and Dyersville.
Regards,
Ted
http://www.dubuquecounty.org/LinkClick.aspx?fileticket=l_5MpQakit0=&tabid=193
