 |
|
09-25-2008, 08:41 AM
|
#21
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
OK, now this thread should be closed down on account of too much kissing up. 
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
09-25-2008, 08:43 AM
|
#22
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
There's a LOT of love on here............which frankly scares the heck out of me..........  
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
09-25-2008, 08:52 AM
|
#23
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
|
09-25-2008, 08:58 AM
|
#24
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
 Quote: Funny, I always thought of Martha as a well spoken petite gentle woman..........that S&M stuff scares me........ 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
09-25-2008, 09:01 AM
|
#25
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Its always the quiet ones...
Although sometimes its the overly vocal obtuse ones
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
09-25-2008, 08:58 PM
|
#26
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 4,337
|
Quote:
You don't have the legs. 
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
|
|
|
|
|
09-25-2008, 08:58 PM
|
#27
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 4,337
|
Quote:
I can live with that.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
|
|
|
|
|
09-25-2008, 09:05 PM
|
#28
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 4,337
|
As a general comment over the many post and treads, there are people I have been blunt with and frequently crossed the line with my comments. Good natured responses and acceptance of different opinions carries forward far farther than agreement or acceptance. If everyone here simply agreed with me, I'd soon stop coming and posting.
There is a level of repeated rudeness that isn't tolerated by me. Since I'm not a moderator, I can have my elite few of "ignores" and live with less garbage.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
|
|
|
|
|
09-25-2008, 09:56 PM
|
#29
|
|
Thinks s/he gets paid by the post
Join Date: Sep 2007
Posts: 1,214
|
Nope. Want good statistics: average return (CAGR), low standard deviation, high risk-adjusted return, low maximum drawdown. That's what I asked about on another thread.
Period returns like 3-year, 5-year, 10-year are just boob-bait. What matters is the above stats. What the funds have done in the past X years is only mildly interesting.
|
|
|
|
|
10-06-2008, 04:47 PM
|
#30
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Quote:
Originally Posted by Art G
Well first off, I hadn't heard nor seen anything from a mod stating they were being proactive on the matter. Also, I was responding to a different thread with further claims being made by you. If you can stick to the facts vs. furthering your personal vendetta, then I can do the same.
Now, as to the facts, you can't have it both ways, you can't tout long term results, then when the moment suits you, claim short term results are what matter. Would we love to see American Funds outperform in good times and bad, sure, however, this isn't always the case. AF owned a decent amount of FNM and AIG (both were supposed to be very conservative), and both went sour.
So, bottom line, they've gotten beat vs the index very recently, however, they do hold cash, so hopefully, when the time comes, they'll be able to buy near the bottom vs. having to hold certain stocks while they continue to tank. Consider the index fund that was forced to sell AIG at the bottom vs. at the very least being able to make an objective opinion as to their future.
Is there anything else in the world that you'd prefer to have a computer running without human interaction, besides your investments?
|
Anyone seeing an advantage yet to a mutual fund currently holding cash? Just wondering.
|
|
|
|
|
10-06-2008, 07:23 PM
|
#31
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Just like one of those blow up punching bags with a weight in the bottom.
To answer the question: no. If I want to hold cash, I'll hold cash. I see no reason to give 5.75% of my cash to an adviser followed by 1% a year so they can hold it in cash and underperform everything else over almost any measure.
All I can think of is Donald Sutherland in Animal House trying to give an assignment to the class when they're all leaving, and muttering "Listen, I'm not joking. This is my job!"
We all understand that you have to drink your own koolaid to feel good about it.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
10-06-2008, 07:39 PM
|
#32
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Oh my dear lord. I should check the quotes before hitting the bag.
AMCPX down 3.92% today. S&P 500 down 3.85%
That cash and expensive active management is really working out!!!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
10-06-2008, 10:15 PM
|
#33
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by cute fuzzy bunny
Oh my dear lord. I should check the quotes before hitting the bag.
AMCPX down 3.92% today. S&P 500 down 3.85%
That cash and expensive active management is really working out!!!
|
Vanguard Total Stock Market fund -3.98% today.......... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
10-06-2008, 10:16 PM
|
#34
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
AMCPX down 3.77% today, according to Yahoo Finance.........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
10-06-2008, 10:17 PM
|
#35
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Sorry, the s&p500 and apcpx quotes were sitting next to each other in my "recent quotes" bucket and the punching bag wasnt worth looking up the tsm quote.
So whats that .13% advantage after taking out the 5.75% front end load and the 1% expense ratio vs the TSMs .15%?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
10-06-2008, 10:19 PM
|
#36
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,765
|
I know you guys have to p^ss all over each other, but does anybody really care what anything does for one day? Too much time, get a life, take a pill, etc.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
|
|
|
|
|
10-06-2008, 10:25 PM
|
#37
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Hey, I'm just enjoying the performance of my civic duty.
Every time one of these guys crows about how great their funds are...well...how great they think they are in the absence of data...and I mention the big front end loads, big expense ratios, and dismal performance vs expectations, Andy's fine SEO algorithms makes sure its in the top 5 google results for "american funds" or "amcpx", so millions of potential buyers can realize their mistake hopefully before making it.
So keep up the good work guys! Keep bringing it up!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
10-07-2008, 08:41 AM
|
#38
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
One year performance to date, total stock market vs AMCAP.
Holding all that cash and actively making brilliant investing decisions is really paying off in this down market...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
|
|
10-07-2008, 08:51 AM
|
#39
|
|
Full time employment: Posting here.
Join Date: Oct 2003
Posts: 961
|
CFB,
Quit confusing people with actual facts, would you?
|
|
|
|
|
10-07-2008, 09:00 AM
|
#40
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Quote:
Originally Posted by cute fuzzy bunny
Oh my dear lord. I should check the quotes before hitting the bag.
AMCPX down 3.92% today. S&P 500 down 3.85%
That cash and expensive active management is really working out!!!
|
Sure, if you pick both funds to compare. AMCPX is not one of the funds holding cash. Thanks for your help.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
