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.
Yep - I do not understand the decline in local journalism, Why on earth would people prefer to rely on social media for news about their state and local government? I subscribe to 3 different locals (from different nearby communities) in an attem…
I’d be remiss not to acknowledge that if investing outside a tax-sheltered account, something like ultra-short / short-term bond funds could be a real hassle at tax time (reporting capital gains & losses). So, perhaps better for those folks to s…
I only allocate 15% to cash (although my balanced and diversified income funds may hold some).
Maybe not too smart, but I don’t much worry about what that 15% is earning. It’s there chiefly for stability. I use a blend of TRBUX (ultra short) and DO…
As an admirer o f H L Mencken, I have difficulty seeing how his quote on democracy, published in a column about women (in whom I'm not sure he was in favor) has any relevance to the following column on investing, which actually has nuggets of wisdom…
@JohnN -
Thanks for posting several stories during Ted’s absence. We all miss his enormous contributions. However, please avoid one of his less admirable habits - that of self-bumping your own stories onto the Discussions+ portion of the forum. To…
Fido just came out with a new specialty fund in November that looks different. I got in on the ground floor with a wee investment, I want to follow and see what happens!!
Fidelity Infrastructure Fund FNSTX.
And I just sold my Invesco infrastructur…
@rforno - :)
PS - Not sure, but I think a lot of direct newspaper apps continually update throughout the day. If you’re on a data restricted I-Net plan, that’s the last thing you want or need. Kindle editions do not normally update once published.
- Add-free. I wouldn’t mind if online papers included static “print-type” ads that didn’t detract from my reading (as hard copy newspapers did for a century or more). However, invariably these ads flash, blink, flicker, change color and dance ab…
I agree with everything @LewisBraham says above and thank him for the presentation. I’ll add that our marvelous free press and its investigative reporting is imperiled by factors both financial and political. Every time I curl up with a fresh copy …
Yahoo Finance articles have become a joke ...
Yahoo has become a joke. I recently ordered some pricey theater tickets. Rather than going through the trouble of changing my old “ymail” address with Telecharge, I left the old email standing. Guess w…
Perhaps bots are attracted by second person possessive pronouns and than munch on exclamation points? From an evolutionary standpoint, the entire broader question doesn’t bode well for the future of Homo sapiens.
(As I’m certain David knows, he e…
it sure does bother me that I have so much money (2/3 of total nut maybe) with this guy's DSEEX fund when he goes off like this on occasion
not that his opining has to do with its automatic operation
@Davidrmoran - That’s too funny. G sounds like t…
Kudos, David, for discussing liquidity risk. It seems like the one risk I don't see discussed enough in the press. It also isn't analyzed particularly well or often enough in funds. It's funny to me no one else has complimented you on that part of y…
I agree with former Justice Potter Stewart who said: “I know it when I see it.”
Stewart’s remark was in regard was to pornography. However, the same might be said of market crashes and bear markets. Consider this: A person under the age of 10 or …
“we got the name wrong on our first try” or “we’re not achieving what our fund name suggests”?
I get your point. Not knowledgeable about these guys, so I’ll take a pass.
About 8-10 years ago T Rowe did the same thing with TRRIX. Changed name fro…
“It’s been easy to be a bad investor for the past 10 years: the market’s relentless rise, fueled by enormous amounts of fiscal (hello, trillion-dollar deficits!) and monetary (hello, negative real interest rates!) stimulus, had made it likely that e…
If weâre investing for a long-term goal â and most of us do have horizons of five years or more â then why are we so obsessed with the daily headlines and the gyrations they can spark in asset prices
Good point. But I wouldn’t consider five ye…
@Old_Skeet,
Although T. Rowe Prices allows you to perform EFTs into their funds from other institutions, I’ve had mixed results. Sometimes they’ve worked. More often they’ve appeared to go through only for T Rowe to notify me the next day that I’ll…
@JohnN, I agree with all your advice now. Seems to me something changed after you edited the original post. I responded only minutes after the original post went up at around 12:00 noon yesterday. :)
BTW - Love Bogle, but not an easy read for a beg…
Yeah - D&C seems to be a “stickler” on the medallion signature guarantee, even for small dollar amount transfers out - as I understand them. I’ll need to move a few K from Invesco after the new year to TRP and am already sweating it a bit. My…
If your friend is 12 years away from retirement, why is he / she only now taking an interest in investing?
Not much to go on here. Does he have access to a tax deferred plan at work? (I suspect not based on your question.) Does he by chance look f…
+1
While I don’t currently own TRRIX, I like it a lot. Readers may recall that I’ve long benchmarked against it. It provides an appropriate yardstick against which, I think, for someone in retirement to compare not only total return, but also the …
“Hard-money philosophy nonetheless becomes, or is reinforced as, simple universal common sense.”
Kind of points to the problem with “common sense”. The elite may know better ... but it sells in Pieoria.
Thanks @msf. Much clearer.
(1) I guess if I were already dead I wouldn’t worry much about the 10% withholding tax.
(2) If, on the other hand, I were only presumed dead (and having abandoned my TRP accounts), there’d be bigger issues to worry abo…
One of the biggest hazards in northern michigan is car / deer collision - worse problem in the darker hours. Has been known to total some vehicles. Now, if that truck is as tough as Musk claims, it should be able to slice right through a large buck…
@Sven - Good analysis. So much depends on what the user of the truck intends. Guys that plow snow all day long in the winter probably scoff at the idea of a battery operated pickup. Not so fast ... even back in WWII subs operated submerged on batte…
"one might argue that the typical mutual fund investor is often quite clueless"
@hank- If I'm any example, that's certainly true. Not Fair!. The reference was to the 90%+ who own funds and don’t partake of mfo for one reason or another. :)
The article references a M* report saying mutual fund investors have been moving money from equity funds to bond funds. Question: Do mutual fund investors comprise the major portion of U.S. investors? I’m thinking that as a group they’re more re…
Too complicated for me to understand. I get the move to green energy. On the other hand, try to fly a big jet (military or civilian transport) on solar, electric or wind. Am likely overlooking other applications where oil / oil-based products are …
Tesla describes the heaviest duty truck of the three this way: “Triple motor all-wheel drive with 500 miles of range, 14,000-pound towing capacity, and 0–60 mph in under 2.9 seconds for $69,900 (though this version won’t start production until lat…
Excellent article @Ted! Very substantive.
Here’s my tongue-in-cheek contribution: “5 successful investors predict when the stock market will crash” (I guess it depends on your definition of “successful” re the last one they cite.)
http://time.com/m…
Strange day. My funds, and those I track, are all over the place. Conservative (40/60) TRRIX dropped .26%, while Index 500 VFINX lost only .15%. Obviously rates somewhere along the yield curve spiked. T Rowe’s tech-heavy blue chip fund TRBUX held u…
Thanks @msf for the great updates! I’m reminded of the gentle “nudge” in my new Invesco (formerly Oppenheimer) statements that I currently have “no advisor” and should “call us” to set one up. (LOL).
As far as brokerages go, I’ve never had one. Gu…
@msf,
I find the study re annuities you linked of interest based on a quick read of findings / conclusions. Let’s set aside the issues of comparative advantage and individual circumstance / suitability. Those are highly individual and not too har…
Thanks for the reminder @rforno. While I realize this is the season, the sudden plunge in NAV can still be a little bone-jarring until reality kicks in. Occasionally in the past I’ve posted something to the effect that “such & such fund” kicke…
Thank you @Ted. Here I’m guilty of sloppy research. Should have Googled the fund code. Wikipedia also explains it: https://en.wikipedia.org/wiki/SICAV
An interesting question is why T Rowe hasn’t gotten around to offering a precious metals fund ye…
