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 uncle Barry's work. Assuming he's correct here, how long must EM investors wait for the tide to turn and for their holdings to be on the upswing again? Months? years? Are we looking at an EM "lost decade" as with Japan? ...?
"Some (teams or investors) can afford A-Rod, but to win at investing, you shouldn't overpay to swing for the fences."
I told you so: Baseball is what makes America GREAT! ;)
I got the very first question wrong. I figured if the "investment" is paying INTEREST (not cap. gains) then the interest might very well be a FIXED percentage, thus $1,100.00 over 2 years at 5%. So, give me an 80%. FWIW. :)
(Hey, Ted. Lighten up! JEEZ.) Catch: I'm on FB all the time. I don't use it for anything official, so I feel free to simply falsify any personal information that FB asks for, that I can get away with. You'll need a REAL email address to sign-in wit…
Your "ramblings" are certainly worth reading. It seems to me that you are very much in touch with the truth of what I've said before: "Is investing an Art, or a Science?" The answer, of course, is: YES. ....But this comes from a non-professional wh…
16th August, 2013---Friday:
UP: TRAMX, MACSX, MAPIX, MSCFX.
DOWN: PREMX, DLFNX, SFGIX, MAPOX.
No Change: MAINX. (This fund is doing a very good job, I think, of not dropping so far and so fast as other bond funds through the current ongoing downtr…
Yes, admittedly, my portf. and its weightings are not ideal. If I understand correctly, "beta" is a measure of volatility. I prefer low beta. Is that what you meant, Art? I look at M* and FAIRX shows up with HIGH risk. I just won't go there. Do I ca…
Hi, Hank.
Agreeing with you. The lion's share of my bonds, it so happens, are in EM: PREMX. Less than 3% of total portfolio in DLFNX, with uncle Jeffrey. Still reinvesting all profits. Come to think of it, I own MAINX, too. It's been unremarkable, …
Too damned fancy for me. It looks to me like uncle Jeffrey is doing what all the others do: come up with an uber-specialized thing that seems novel and new and promising, in light of the fact that the Market is going nowhere fast--- since the 20% ri…
The RISK factor here scares me away. And my semi-porous ethical filters are allergic to some of uncle Bruce's biggest plays: Insurance, banksters. Nothing's perfect, and I'm sure the funds I own are "guilty," too. It's a matter of degree. They all o…
Portf. down for the day by 0.13%. Everything down, but no change in just two: SFGIX and DLFNX.
The losers:
PREMX EM bonds
MAPOX balanced, US Large-cap and some bonds.
MSCFX US small-cap
MACSX Asia ex-Japan
MAPIX Diversified Asia
MAINX …
LG open
LB MAPOX
LV open
MG open
MB open
MV open
SG open
SB MSCFX
SV open
Int'l SFGIX
Specialty: TRAMX (Africa/Mideast)
Asia: MACSX and MAPIX
bonds: MWTRX and DODIX
Reply to @catch22: I hear every word, man. And I don't know why uncle Ted wants to talk down to you. It is new info. for me, to learn that diversifying beyond 7 funds may bring no tangible benefit. There's a reason not to add any more funds to what …
"In the past I've read if you own stocks you need anywhere between 20 -30 stocks to be diversified. My question is since when we are talking stocks why is that so many individuals own 20 and 30 funds equity funds?"
Not here, at my house. I have a c…
Where am I now? Same as last month, same as last year--- though I'm hoping for a domestic pullback sometime soon so that I can deploy some cash which is earmarked to grow my position in MAPOX. Hoping to see SFGIX take off and go places. But I bet A.…
The kind of nonsense David described above is why I do not engage in any more surveys to gauge customer satisfaction. I called TRP once and was told that my input would be considered, but even though it made perfect sense, it would only be just one …
Sons, daughters, cousins inherit a Roth IRA and must then worry about such rules? A bogus bonus. Catch-22. Pay your tax now (Roth) and the thing is tax-free later. Unless, X or Y or Z or A or B or C..... Let's chase our tail and see how far we get. …
This conversation reminds me of why I never pay a load, and never a TF. I'm with Vintage Freak on this one. So, I buy retail, direct from the fund. That's what I've done since '03, when I started this adventure.
"...But not all investors are writing off these emerging nations. Market participants have said the selloff has created windows of opportunities for those willing to ride through short-term turbulence." Yes. Believe it or not, I'm still 47% of total…
"...We are dealing with a shift in assets from PUBLIC to PRIVATE and that does NOT require economic GDP growth. It is a move to safety."
Sorry, too cryptic for me. This means...what?
TRAMX isn't there, either. Up 23% over the past year. The 5-year performance is still a negative -4.88%, but that's been steadily improving. Those folks who got in very early and watched the disaster in this fund through '08 will shortly be back to …
Reply to @michiganinvestor: Absolutely right. And I note David's vacation location in Door County. Delicious, lovely area. I toured it back in the '90s. Enjoy!
Who buys "Africa" funds? That would be me--- after watching and tracking and biding my time for a long time, and acting against some very educated advice here in MFO. But my TRP TRAMX stake is just 3.07% of my total. It's done well over the past yea…
Reply to @VintageFreak: You are singing my song. Much of what you describe has happened to me. I'm lucky in that I (and wife) had somewhere to land and re-start, after the shit hit the fan. Now she's the primary income producer. She has a retirement…
I looked at TRP Glob. Allocation portfolio. Not to my liking, like the taste of kale or swiss chard. I decided to get into TRAMX at the RIGHT time last summer, and it's made me happy. My other TRP fund is PREMX. The monthly divs. just get plowed bac…
Reply to @VintageFreak: I agree. MSMLX is riskier than my others, but still only "AVERAGE." I dunno if now would be a good time to buy it? I am not in a position to do it now. But I mean, USA small-caps are on fire, touching new highs all over the p…
Well, man, I think you're on the right road. I own MACSX, MAPIX and the bond fund: MAINX. I'm sticking it out through thick and thicker. I'd just steer clear of country-specific funds. However, a 1% exposure won't ruin you. On the other hand, a 1% e…
Interesting. I was having thoughts like his. Uh-oh! This (domestic) Market is reaching oxygen-reduced heights. Nothing in the actions of the Market are connected to true fundamentals. Yet, if tapering will be delayed into the indefinite future, it a…
The fund-of funds item makes me skeptical. Don't like that stuff. And a stake in a hedge fund? Hmmmmmm. I'd love to know more about it, so I'll click the link above. And I hope this conversation continues.
Slick: An additional thought about spreading-out, worldwide: TBGVX. An excellent pick. But it has quite a bit in Europe's developed economies. The companies are blue-chip with dividends that are safe. ... I'm glad to hear that the move to spread-out…
I've never been able to follow my own advice, but: "Buy low, sell high." The US Market is at an historic high, and US small-caps are on fire--- like the Boston Red Sox in the 9th inning last night, beating Seattle with a 6-run rally. ;)
I always co…
