Thread: Even more on the I fund

mlk_man wrote:

Hey, why you asking me? Ask MT!!!!! :P

OK, you caught me, I was just being polite, trying to make you feel better given the crappy year you are having. I admit it, I really only care about what MT thinks.

Seriously, my hat's off to you M_M. You're doing something right.

I care about what everyone thinks, pr, Az, Rolo, Rod, you, even Tom o,I take it all in. However, with MT, how do I say this - I think that I am speaking for a lot of us, I haveconcerns about the tone. At first it was stimulating, he's intelligent and a good researcherbut now the tone is often uncouth :h. I, like Rolo am bi-polar so I take exception to the 'label' being used to insult or belittle people but I too get the impression that there is some kind of instability. In the manic mode, bp's are often loquacious and he seems to never have an unspoken thought - he even answers questions pointed at other posters. MT, no offense guy but you should see a good psychiatrist, you show a lot of markers for bp (takes one to know one). Bp is more common than people think. I take mood stabilizers and am fine.

Timer wrote:

I take mood stabilizers and am fine.

No.... really, I'm fine:ho:h.

The I fund had a nice day Friday, reaching a two month high. As you might think, the dollar tanked which helped. The dollar is now at a support level where it will be make or break. I will base my short term I fund decisions onwhether this support area holds or not. I'll post the chart in Monday's comments.

Tom

I'm reluctant to jump back into the I fund with an interest rate hike looming. If the dollar continues to struggle post-hike, I'll probably move back in... preferably after the fund dips a bit.

I believe as long as the trade deficient are at these levels ($50b each month) the I fund will do very well. Keep in mind we get over 70% of our oil from foreign markets. It costs them very little to yank out of the ground yet sells for over $40 a barrel. Actually what products are made in U.S. that are cheaper then U.S. made goods? Walmart should be named - MADE IN CHINA. The next rate hike may cause a blip on the NAV of the I fund. I use to do what Tom did and bought into the I fund when the U.S. market had a good day that day. That does not work as well now. Which is a bummer.

Present allocation 50% S and 50% I. Monday should be a good day for both :!.

MT

The US has been running massive trade deficits for years now, so I don't think it has much of an impact on the I fund.

I'd argue that US fiscal policy (or lack thereof) will hurt the I Fund long-term due to the upward pressure that all this deficit spending/debt expansion will place on the interest rates.

Mike,

That is the U.S. sending $50B PER MONTH to I Fund countries. If you have been following the I fund it has outperformed the U.S. Markets for the last three plus years. We have hitting record highs - ding ding - during this period.

When the Japan and European currencies are stronger thing ours the impact of a .25 rate hike is pretty nil.

If you avoid the I fund then you are avoiding the best and least expense ratio fund you will find.

Good luck!

MT

Mike wrote:

The US has been running massive trade deficits for years now, so I don't think it has much of an impact on the I fund.

I'd argue that US fiscal policy (or lack thereof) will hurt the I Fund long-term due to the upward pressure that all this deficit spending/debt expansion will place on the interest rates.

I've avoided it lately. I was holding 30-35% in there through June 30th before I transferred out.

If the coming rate hike doesn't prop up the dollar much, I'll move back in at the next buying opportunity.

Mike wrote:

I've avoided it lately. I was holding 30-35% in there through June 30th before I transferred out.

If the coming rate hike doesn't prop up the dollar much, I'll move back in at the next buying opportunity.

Last 12 months:

I 22.85

S 12.22

c 11.46

Jun #1,Jul #2, Aug #1, that is pretty consistant.

Good luck! MT

If I was really smart, I would've transferred all my C/S/I into G on the 30th (rather than only bailing out of the I fund). Then I could've gotten back in when we hit the August lows. Man, that would've generated nice returns. Blech. :P

MarketTimer wrote:

. If you have been following the I fund it has outperformed the U.S. Markets for the last three plus years. We have hitting record highs - ding ding - during this period.

Wow, MT twisting the facts again to meet his own needs? Say it ain't so Joe!!!!

Since inception in 2001: S fund up 25.2, I fund up 9.54. Which would you rather be in? True the I fund is up the past twelve months, but you said 3 plus years. Just the facts MT, just the facts..........