SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: No Mo Mo who wrote (203179)11/7/2002 1:51:43 PM
From: Mike M2  Respond to of 436258
 
Darin, for commodities Rogers raw materials fund rogersrawmaterials.com mike



To: No Mo Mo who wrote (203179)11/7/2002 2:34:18 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
No Mo Mo,

I manage my daughters 401k and have the same problem that you have.

I would like to see my daughters fund add one of the global or international First Eagle Sogen Funds. The fund manager is a value kind of guy and he has the world of stocks to pick from. Someone here could probably chime in on which one would be the best for the long haul since I believe he manages 2 of these type funds.

My daughters 401k offers some Fidelity international funds and these have stunk up the house - when the First Eagle international funds have done well. I do not have faith in either Fidelity or Vanguard for international investing. She does have a couple of overseas Templeton funds and I have put her in two of these and they are doing ok. At least the Templeton folks get on airplanes and visit overseas companies and do have a concept of what the definition of value is.



To: No Mo Mo who wrote (203179)11/7/2002 9:21:32 PM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
No, Some of my colleagues are in the 401K biz. They make the same amount no matter which funds they offer. Essentially, nearly nothing. But they get a shot at the rollover IRAs, and in this downsizing environment, that is big bucks. They offer a package and the plan administrators essentially bribe the corps by offering lower fees for certain packages of crappy, high expense funds. And, to be fair, those HR types have been taught that a large cap growth fund is a large cap growth fund. And a foreign fund is a foreign fund. Generics, so buy the cheapest (to the co.), which, no coincidence, happen to be the priciest to the employees.