Can we start a lottery to bet on this?
Sign me up for down .22 cents.
should equal about -18 cents.
Can we start a lottery to bet on this?
Sign me up for down .22 cents.
me thinks 18 or less.
It'll be less. If you reacall yesterday the EAFE posted a gain of about .3% but the I fund dropped 10 cents. That's because Morgan Stanley posts the EAFE results at about 2:30 pm. Shortly thereafter the dollar spiked big time. Yesterdays EAFE did not reflect the spike in the dollar but the I fund did. Today's EAFE results reflects the rise in the dollar both today and yesterday afternoon. The I fund had already reflected some of that. My very rough estimate is the I fund will be down somewhere around a nickel.
Dave
It was UP .05.
and the index was down over 1%?
Hmmmmmmmm!
Tgr they must read this board.
They were very defensive and wanted questions in writing.
Hindsight. Should of called and reported back.
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Anyway. If any one has any questions please put them down on this thread.
I will draft a letter to their office with all our questions and concerns. Post it here and then mail it to them.
Those are staggering departures from the fund index. I just so happen to time it right buy high and sell low. yesssh.
Good going!!!!!!!!
I fund is not an investment it is a lottery.
I am betting those still in I fund will take it pretty hard tomorrow with the "creative accounting".
There is a good .20 cents out there they need to get back to smooth the week out.
:shock: I will probably not invest in the I fund again. What is the point?
If I want to gamble I will go to Vegas.
For a large fund were .01 percent can translate into a lots of money I find it hard to believe that some entity has the daily preogative to manipulate the rate. This could present an incredible opportunity for corruption and manipulation.
Just goes to show how fluid it really is, and it is more luck than strategy if we hit on a good day.
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
You telling me that you could not talk to a funds manager? Call New Orleans and ask to speaik lto the Director (he's in the I Fund and wants answerws himself), he gave me the number and a person to talk with. However, I've lost name and number. Will try and find when I get back. First Funds manager I talked with was a lady, nice but couldn't answer all my questions. Second person was a man, same guy the Director from NO gave me.
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