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davfor
Thanks. She is well now and back to her daily volunteering.....
This is interesting. I have often wondered about the wisdom of rebalancing into a falling knife although I have sometimes done it. However, periodically clipping away at winners does make sense to me as a way to preserve some of the gains. I look…
Experience has taught me I am not good at market timing. So, I mostly let fund managers do this for me. My major fund holdings with substantial cash positions include FPACX, FPIVX, ICMBX, ARIVX, YAFFX, WEMMX, COBYX, and BERIX. The fund analyzing t…
Many thanks for the heads up. They are really intent on controlling inflows. That's good.
I had been planning to wait for the Fallen Angels fund to materialize to decide whether to add to GPROX or to invest in that new fund. Instead, I will add …
I didn't mean to imply it goes towards all cash. As I recall it has been at 30% or so cash at times. It is presently towards the high end of the cash range I recall noticing.
This has been my main US "small cap" fund for many years....exactly how many is clouded by trimmings that have occurred during annual portfolio rebalancings and by a change in share class I made along the way. Fidelity currently offers it NTF under…
Reply to @Old_Skeet:
Your logic on DDIAX makes sense. It is kind of what I suspected it would be. And, thanks for the other suggestions. I will check out the ones that don't sound familiar. I have owned MFLDX for about 4 years and have it pige…
Reply to @Old_Skeet:
I'm just one for three. And, my wife is much better than me at picking dogs!
I am curious about what drew you to DDIAX. I added HWIAX to my portfolio a little over a year ago to replace HEIFX. It sits beside FPACX and IC…
Reply to @Ted: The comment was posted in the spirit of small talk around the water cooler. Sometimes off-hand comments spark worthwhile discussions. Having a variety of opening comments that are not links to articles is a plus. Those that don't…
Reply to @AndyJ: Yes. The broad global "best ideas" approach (300 to 500 equities) and having 3 associate managers to supplement the 2 lead managers. For a fund with such an extensive universe of equities to pick from (they state it to be 30,000…
Mostly just watching after doing some year-end portfolio rebalancing. Did sell CCASX in my ira account last week and bought GPROX to replace it. Looking for a little more international diversification in that account.
Very interesting article and discussion. My thanks to all.
What concerns me about the article's advise is that the probability for seriously adverse outcomes increases as we age during retirement...our bodies to tend to require more repair work …
Thanks for making this post.
This metric is quite interesting and makes intuitive sense to me. The 10 year time horizon is long enough for accepted market norms to change -- for “market memory” to be reset at a fairly deep level. [Its the cutof…
Reply to @MarkM:
Are you suggesting there is a basic flaw in his presentation that fully eliminates or diminishes the potential predictive usefulness of the metric he presents? If so, it would be appreciated if you would point out the flaw.
Reply to @STB65: Yes. After posting the link, it occurred to me I was probably overstating things by suggesting the article might seem hilarious to most readers. It was hilarious to me because the amusing way the author made his initial points co…
ARTJX is the only one that makes the 10 year cut.
PRPFX and OAKBX were 10 year holdings until I recently traded out of them.
PASDX would probably be a 10 year holding (rounding up by a month or two) if I had not traded it in for its close cousin PAU…
Those are all interesting observations. The average social security benefit at the start of 2012 was about $14760 per year. I used my tax software and assumed a household took the standard deduction. Quick and dirty calculations suggest a single …
You might check out WEMMX if you are open to considering a microcap stock fund. M* categorizes it as small blend. Its NTF at Fidelity. It offered good relative downside protection during the 2008 to 2009 sell off and has performed well since then…
Reply to @David_Snowball: The M* comment about CEFs caught my eye too. I vote for paying a little more attention to them. Somewhat relatedly, it might be interesting to take a quick look at VHFAX if you have not already done so. Its a new Virtus …
It will be interesting to compare the performance of RNOTX to RNDLX as time passes -- even though they are not intended to be clones for the non-RiverNorth portions of their portfolios. YTD performance is almost identical for the two funds.
I want to add my Thank You to David and everyone else involved with the conference call. Teresa Kong's comments added to the list of reasons that resulted in my investment in MAINX a few months ago. Basically, the foreign bond segment of my taxab…
The above link didn't work for me....maybe because it related to printing the article. Here is another M* link that got me to it:
http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=162155.xml
Reply to @mnzdedwards: That's an interesting point. Its my understanding there is in general a positive correlation between rising rates and both depressed stock market returns and depressed bond market returns. But, rising rates can also be ass…
I ran across an interesting article that talks about possible tax rate changes in 2013 to explain the recent outsized drop in utility stocks. It in part suggests there may be some "contingency planning" logic to the sizeable drop in the case of uti…
Reply to @AndyJ: I had noticed the two funds have had different exposures within their Asia/Pacific area investments. But those differences have yet to result in much difference in returns. Perhaps differences will show up if SFGIX continues to d…
I have been tracking the performance of SFGIX against MAPIX, in which I have funds invested, since SFGIX opened for investment. So far, their performances have been quite similar. If SFGIX continues to increase its exposure away from Asia, I will…
