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Charles
Thank you sma3! We are spending this summer in northwest again. I have no quiet place I can be before noon eastern (9 am here). Library opens at 9am! I've set up a session for Friday, 2 pm eastern ... posted on board. But, if that does not work, just call me at 805 468 9599 ... if I can pick up I will. Hopefully, can pick a day where you can attended from noon on. Very happy to do! c
Great!
We've targeted 1 hour for each ... Wednesday, 16th at 3 pm eastern and Wednesday, 30 August at 11 am eastern.
Plan to cover same material in each session.
Happy to add one more session at later time on the 16th, say 8 pm eastern?
Will be…
chip has posted the 2Q ratings to the main site Search Tools page. These legacy tools are updated quarterly and include Great Owls, Fund Alarm, and Dashboard of Profile Funds.
We started rating Money Market funds this month. If for no other reason then to help track asset flows. Using similar reasoning, we also now include funds that are just one month old.
Lipper tracks 11 categories under the "Money Market" SubType (u…
@expatsp. No sir, I've just posted by sad story here.
Been a while since I've contributed to this thread, so let me update:
Sold AA shortly after the company split, which I could not help think was just financial engineering, despite my respect fo…
@expatsp.
Lucy recently woke me up from my sleep in the pumpkin patch and walked me into shelter. I've sold-out of FAAFX, which I first bought in 2011.
The experience is marked by much downside interrupted by very few upward periods.
Six years is…
EDV and TLT are more negatively correlated than AGG with SPY. Maybe that's enough, which I think is bee's main point (I'm just slow). But I'm gonna try re-visiting pre-1980 data to get better feel for bonds during periods of rising rates.
Yes, even SHLD recovered a bit ... up 30% at one point today, only to fall back 16% to gaining "just" 14%. I believe yesterday too it was up 5% early only to close with a loss.
But not a lot of solace I suspect for long-time holders ...
As with a lot of others on the board, I like PIMIX too. How can you not?
And, SIGIX, of course.
Ditto for FMIYX.
What worries me me is a lot of folks also agree!
At least SIGIX and FMIYX are closed.
Fingers-crossed.
Been thinking about this post lately. One of challenges I think for investors today is that we've had a 30+ year bond bull. Just not sure that many fixed income funds have been around during periods of rising interest rates, so difficult to gage his…
Yeah, tough for most investors to sit through 50-60-70% drawdowns, even if they believe they possess a high risk tolerance and have a long time horizon.
Yes. I see it too.
But its easier to see than do something about.
"However, you must pick an investment routine or manager that you identify with and stick with that process through thick and thin."
Reminds me a bit of ...
"...to have and to hol…
Curious if folks on board see any benefit to shops like Betterment and Wealthfront versus say a simple a target date fund like LifePath series or balanced allocation fund like BBLAX.
Meb's shop had 8 funds (at least 3 months old) through April with about $400M in AUM. Average age 2.6 years with Shareholder Yield SYLD being oldest at nearly 4 years and largest at $126M. Average ER = 0.55%. The fund family has a mixed record with…
Good one!
"This post-election logic was not crazy, but it overlooked the rather consequential question of presidential competence."
Ouch.
"It failed to anticipate that Trump would squander political capital by picking a national security adviser …
I know. In fact, I gifted each of my granddaughters shares of DODGX for same reason. But, I would be just as comfortable with DODBX ... or several of the other allocations suggested on this thread. c
Ha! Hi Ted. Thank you. Yes, US history says pure stocks. And, no allocation fund wins out in bull markets over pure play stock funds. I get that. But I, and I suspect most people, would be very satisfied with long term returns of a diversified alloc…
Good stuff.
Thank you BenWP.
I think long-term investing using balanced allocations is a perfectly satisfactory strategy.
By long-term I mean ... a life time.
I like for example the 50/50 portfolio of BBALX and FFNOX referenced in our December c…
Some background ...
MFO's Fund Family Scorecard measures how well funds run by the same management company have performed against their peers since inception.
We first published the card in June 2014 commentary with How Good Is Your Fund Family?, …
Ha!
Good thread.
Hmmm ... worst (and definitely my bad):
Whitebox Funds ... WBMIX
Burns me to this day that they closed-up shop after what ... three years.
Cowards!
c
One of top families on MFO Fund Family Scorecard ...
Here are stats through January from fund inception:
Three are MFO Great Owls and two are on Honor Roll.
Gotham now has 16 funds. Half just a few months old. Oldest just over four years. Average ER 2%. But 15 of 16 have beaten their peers since inception by an average of 5%. Through January, the funds have $2.9B in AUM ... most in their oldest three fu…
If goal really is 4%, what about individual investment grade corporate bonds ?
WELLS FARGO CO MTN BE 4.10000% 06/03/2026 FR ... yield to worst 4.047%
ARES CAP CORP NOTE CALL MAKE WHOLE3.62500% 01/19/2022 ... yield to worst 4.391%
Are couple examp…
