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.
I like @Edmund’s suggestion of VMNVX because its performance is far superior to the recently touted ACWV by M* here:
www.morningstar.com/articles/942390/a-low-risk-approach-to-the-global-market.
If I were building a portfolio from scratch as the O…
I agree with @Lewis Braham about the B-B ticket. I’m class of ‘42 and I don’t want to vote for one or two of us. Remember Groucho’s not wanting to belong to a club that would have him.
@Old_Joe: I delayed my retirement until 2012 because of the crash. In 2008, we had our house for sale and the day it was to be appraised for the prospective buyer, Bernanke said something to the effect that “we may not have an economy left.” Fortuna…
In the abstract I might say I should not point the finger at Koch and his ilk, but I do feel as though they are greatly to blame for the polarization we now witness daily. I am far more extreme in my views than pre-2016 and I'm not mellowing at all.…
@Alex: agree with your comment about divisiveness. We have the Koch brothers to thank for funding the takeover of judicial appointments by those who are opposed to RBG.
I also found this transcript of a podcast to be fascinating reading, maybe the best explanation of how hard it is to be a value investor. You have to be a "maverick." Fear of missing out and disgust at holding a fund that is not currently out perfor…
This link provides what i found helpful about stop orders. It turns out there are different varieties. Never tried one myself. I do remember that the "flash crash" screwed a lot of people who had entered such orders.
https://www.investopedia.com/te…
@Ted: my condolences, also. I join others here in their expressions of support. While we did not lose our oldest daughter, she is still our charge at 48 due to the consequences of what at 5 years of age was labeled a "learning disability." From our …
@MikeW: I don't know how to create a chart of several ETFs and post it as a link; some members do this regularly. However, the chart for XMLV shows a far less severe drop-off last fall compared to mid-cap growth or blend MFs.
Memories flooding back. John Dessauer shilled for Countrywide Credit and a large part of the rationale he provided his subscribers was that Angelo Mozzillo was a wonderful CEO in whom Dessauer had the greatest confidence. Ouch!
I own both DSENX and CAPE, but I use them differently. The MF is a buy-and-hold in both taxable and Roth accounts our family has. As @davidmoran has pointed out elsewhere, the monthly MF distributions serve to buy more shares regardless of the marke…
My memory might not be perfect, but I recall that when Dessauer pushed the stock, it was a Thai food distribution company. I think the shares were listed on a US exchange, probably the pink sheets, because I’m sure I’ve never bought a stock on a for…
@MikeW: while I might not buy it today, I do have a hefty slice of BRUFX, an allocation fund that makes a large distribution annually. It hasn’t kept up in the last three years but I’m hanging on to the low-cost shares in the interest of avoiding CG…
I was one of the grandfathered age groups, @Catch, here in MI, so escaped the effect of the original legislation. I’m still proud to have been union, but my state is certainly no longer pro-worker. Indiana eliminated collective bargaining for public…
This is a biggie for me. Thanks, @catch22, for that Forbes link, which contains an excellent article. It even quotes a financial planner in my area whose services may become even more in demand if this legislation passes. My 1040 may have become sim…
I have held VIG for several years during which time it has out performed VIGDX. What is the big deal about the OEF when the ETF is available? One pundit claims the OEF is actively managed and the ETF is a slavish index fund; seems to me the superior…
@LewisBraham: much like climate change denial, your argument (and I realize you're being ironic) that our economy could not stand the disruption begs the question. We are eating ourselves into oblivion while rationalizing that to eat sensibly would …
@Derf: the bottles you mention (such as at Aldi) are 33cl, the most common beer bottle size in countries using the metric system. Back in the day, my friends and I were most impressed by the NE beer, Narragansett, that came in "Imperial Quarts" of 4…
Many good thoughts in this thread, particularly about the cost of higher ed. Many things were ridiculously cheap in the early 70's as @hank has illustrated. We bought a modest house in 1973 for $32K, then heated it and ran a gas dryer and water heat…
It's unlikely that the many candidates for the presidency will address the causes of student debt, although some may offer band-aid solutions for the problem. (For the record, I'm and old retired professor, given to cynicism and occasional bouts of …
I never got into DLEUX, but I am a fan of DSENX and CAPE. It's hard to make a case for international stocks. CAPE has gained 96% over the past five years while VXUS has lost 1.27%. The highly touted FMIJX has a yearly return of about 5% for the same…
@catch22posted a gem:
"We are in the process of updating our Market Data experience and we want to hear from you." Quite frankly, you don't want to hear from me and I object to the notion that there is such a phenomenon as a "Market Data experience…
Global and International Select funds were announced a while back, now another one. One might argue that micro and small cap overseas stocks are contrarian by definition, so I wonder what would be new in the Contrarian fund.
@AndyJ: there seem to be all sorts of glitches. One that trips me up constantly is the "chart" function that fails to recognize a fund's symbols for the purpose of running a comparison. The app for iPad is also faulty and won't open on the "quote" …
Is true that the "Purchase" function is no longer a part of fund's profile on M*? I have often relied on this button to show all share classes of a fund. I don't see it these days.
I was a shareholder of more than one Bridgeway fund, including BRUSX, but performance has really disappointed. It has been a M* bottom quartile fund for 6 of the past 10 years and for BRAGX, it's 5 out of 10 years as a caboose. While they may have s…
I have used TT for Mac since its first iteration as MacInTax. In my experience, if I manually enter brokerage tax information, even if my work is correct, the IRS wants the data downloaded from the brokerage and will make me provide it. I've had thi…
I also like BIAWX and AKREX. MAPPX is fine; it’s one of several good growth funds at MS with the stamp of Dennis Lynch on them, although he is far from the only manager.
@Charles is a data guy, for which we are grateful. When I subscribed to Barron's I found the data pages were perfect for getting the kindling and logs going in the fireplace.
I agree with you, @Lawlar, that it's hard to get good information about this fund. The portfolio is rightly labeled by Lipper as multi-cap growth, not LC, but I could not tell what stocks it shorts or even evidence of gold holdings. Under the curren…
