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.
The party continues. Fund inflows have been rising along with the stock market. But I find it hard to find sane observers who believe this is going to end well.
Weird day in that oil corrected sharply (down around 3%) while gold reversed its rece…
Whatever Happened To Emerging-Markets Stock Funds?
1) Investors today don’t have the necessary long term perspective and patience to invest in stuff like this. Either hold just a little (5-10%) or satisfy yourself with a good global / internationa…
FAA to hold a meeting May 23 - Boeing will not be present! https://www.cnbc.com/2019/04/25/reuters-america-update-1-u-s-faa-global-aviation-regulators-to-meet-may-23-on-boeing-737-max.html
Good article. I’m getting the feeling this is more than a s…
I'll have a Jim Beam Bud - Say that when you get snockered!!
You don’t suppose Anheuser-Busch designed this product to appeal mainly to the college age crowd?
But what’s new there?
Here’s what @Catch22 wrote yesterday, April 23 under @Ted’s market cap thread:
@johnN “You need to start your own post with your question.
Express to what your game plan is or will be; and then ask the question of the board.”
https://www.mutualfund…
”@MFO Members: It would be appreciated if you didn't piggyback comments on something you read on the Closing Bell.”
And it would be really nice if one member here would stop commenting on his own unremarkable posts for the sole purpose of bumping …
Biggest problem is it still says Budweiser on the bottle. Hard to associate Budweiser with good beer.
Yup. Agree 100% with that last part. I did take a look at the label. Its 6% ABV is a bit on the high side. Most American beers run in the 4.5 -…
@young,
Glad to hear you found folks’ suggestions helpful. Not sure what you’re looking for or where you are in the investment cycle. While it doesn’t seem like it today, an ability (disposition) to withstand the inevitable market shocks both here …
It’s true that only 24% of graduates taking the test got all 4 questions correct, but another 33% got 3 of the test questions right. That might be somewhat disappointing, but it’s not too bad either. The graduates out scored the other group catego…
her eds also let through her stupid misspelling of pique in the lede
It’s also possible she had it right initially and her editors / spell-checker changed it. Either way it’s frustrating to see something like that make it to publication.
I liked …
@JohnN, Thanks for checking. BA closed near $362 on / around March 12 following the recent accident. This morning it’s at $374. That looks more like a 3% gain in price from around the time you reported buying. Not bad. Linked article talks about B…
Perhaps one of the "financial questions" was "Do you know how to post a link properly on a financial site?".
It’s called Downsizing Old Joe.
And welcome ..... :)
”Anyone bailing out”
@JohnN, How’s Boeing doing since you bought some back on March12?
(Your “bailing out” expression made me think of airplanes for some reason - Boeing in particular.)
JoJo said, “@hank, Dodge & Cox is most definitely not a Growth shop....”
@JoJo26,
Thanks. I’ve emailed Dodge and Cox and directed them to stop using the word “growth” in describing any of their funds in light of your comment and msf’s above r…
@msf - Re: SEC - “Truth in labeling”? That’s new to me. That would suggest HSGFX should have omitted the word “growth” from its name. Maybe HS#FX. :)
From your source “The rule requires a fund with a name suggesting that the fund focuses on a par…
Also, Morningstar splits Technology from Communications. As such, PRMTX is “only” 28% tech. Another 29% is comm.
In my book PRMTX is not a diversified growth fund, but rather, a specialty fund. Investors know up-front that it concentrates holding…
”I am lookin for a growth fund that is not heavily weighted on Tech, not above 50 % at least.”
Your question suggests that such a fund would be an exception to the rule or an aberration from norm. Frankly, I’m not aware of any diversified growth fu…
Caine drops out ... Moore in doubt ... Who’s on first? ... I dunno.
https://news.yahoo.com/stephen-moores-writings-on-women-surface-as-herman-cain-kills-fed-board-nomination-183334763.html
“I do know that I have bettered the returns of some of my hybrid funds over the past ten years ... “
“How others have faired I have no idea.”
The validity of your first assumption rests largely on your belief that your overall market risk expo…
Question: If I avoid the next “downturn” and you don’t, does that amplify your losses when the downturn comes?
Not trying to be flippant. But it seems illogical to me that everyone might possibly avoid market downturns with proper planning &…
@Ted. Thanks for linking.
It’s entirely possible that investors here also have a deep sense of civic responsibility and may find the report of interest. Frankly, I’m feeling burned-out by all of this. I’ll read the report when my Kindle copy arriv…
Accustomed to pointless useless movie clips from one member here, I nearly didn’t click on the one above. But I must commend @Ted for that one and highly recommend it if you have time on this somewhat busy news day. (I sampled it but haven’t watche…
Apologies to all. Sometimes. I tend to go off-track. I hope I haven’t detracted too much from the considerable amount of investment related information @Catch22’s post elicited. Don’t cast blame on Catch. He was merely trying to treat me with court…
@johnN
Please start a new post; as this thread is already too much off track.
Thank you.
I personally don't follow what you are asking about with your below statement.
different ?: how much should we cash out from IRA/401K/pensions plans month…
@Catch - Your link to Pentagon Papers doesn’t work.
Sorry for steering the ship off course with my reference to the “Mueller Report”. Worse, I expect that tomorrow we may learn that said (imaginary) report never really existed. It was merely a fi…
< sarc > Keep calm, the country's in good hands! < /sarc >
While we’re on the topic, be sure to watch the (sarc) “Justice Department” (sarc) “news conference” tomorrow morning on the Mueller report. Only problem - no one except the team…
Hi Catch - By “vendor” I’m assuming you mean a mutual fund family or other fiduciary like a bank or insurance company. I can’t think of any reason for not combining. However, the vendor might be able to answer that one for friend.
I do know Price u…
Ah, his new fund has the word "endowment" in it, so somebody will buy it. Sounds so interesting! Its all about the Marketing ploys.
I think that means the manager is exceptionally endowed.
Does anyone have John Hussman’s own remarks to his investors for what went wrong here? Since it appears other Hussman funds are remaining open or being opened, it would be out of character of him not to comment on this closure. Not that anybody care…
Interesting chart from Rbrt. Looks a bit wobbly. Total Return (HSTRX) holds a bit of gold. You can see its influence on what’s billed as an income fund as gold ebbs and rises year to year.
“... one of the things that might have been missed in reading my prior comments is ... that I can tactically overweight equities (from time to time) within my portfolio by up to +5% ... Since the 4th quarter of last year I left myself equity heav…
@Crash - Wouldn’t work for me at first. Just need to mess with it a while. Well worth hearing and only 3 minutes long.
Oh well, enjoy the entertainment if you must. Frankly my dear ...
Ah yes, the DC-10. Another plane that was desperately in need of rebranding.
"Except for 9/11, the crash of [American Airlines flight] 191 remains the worst air disaster in American history — all 271 people on the plane and two people on the groun…
@msf - Thanks for keeping up with my frequent edits. :)
- The “MD” obviously stood for McDonnell Douglas. The “DC” likely stood for Douglas Corporation which pioneered the DC 9 before merging with McDonnell.
- There were some other rebrands to th…
@msf’s post missed my late-edit correction - so I should note it in the interest of complete accuracy.
The 717 was, in effect, a Boeing rebrand of the older DC-9. However, before Boeing acquired the plane (in their buy-out of McDonnell Douglas) McD…
Thanks @Ted -
Guess we need something fresh to discuss here. I’m not a fan of the “star” approach to picking funds. Prefer the stodgy team-managed style of D&C. Actually, T. Rowe is more af a team managed firm than their two M* nominations mi…
