Weiner on REIT

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chaz
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Weiner on REIT

Post by chaz » Sun Mar 18, 2007 3:47 pm

Petrocelli advises that Dan W is advising us to sell Reits. Is he also advising us to sell Health Care and/or Capital Opportunity?

Chaz

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murfields
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Post by murfields » Sun Mar 18, 2007 4:36 pm

Dan should have a sell on Capital Opportunity(VHCOX) as it is in the 99% rating for its class this year so far; not number 1, nor 10th, but 99th. He's not looking out for his clients pocket books is he? I am not saying by my comment that VHCOX is not a good Vanguard mid-cap active fund. Many of those who takes his newletter are snowed by his written words and believe he is a FINANCIAL GOD. :(

Murfield
"Nobody wants to have in his cash holdings a definite number of pieces of money; he wants to keep a cash holdings of a definite amount of purchasing power"

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paulob
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Post by paulob » Mon Mar 19, 2007 9:49 am

My earliest copy of the newsletter is Jan 04. VHCOX was in the portfolio at that point. I don't know how long it has been in the portfolio prior to that.

I did purchase the fund. Shortly afterward, (March 4, 2004) VG closed it.
For the 3 year history for which I have held the fund, it has returned 2.7% better than the benchmark according to VG's website.

I was not aware the fund had trailed its benchmark this year as I don't follow individual funds that closely. This fund was picked based on its management. I'm not sure I follow how a YTD return would lead one to change their view on management?

I certainly don't believe Dan is a god, but I will admit that I have been "snowed" by Dan before. But sometimes, snow is very pretty!
Paul

chaz
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Post by chaz » Mon Mar 19, 2007 2:17 pm

"Snow" is OK unless you are in too deep!

Chaz

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cfs
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Capital Opportunity

Post by cfs » Tue Mar 20, 2007 1:13 am

I have Cap Opp in my portfolio [no regrets]. As per the Vanguard web site I see Cap Opp beating the benchmark big time on 1, 3, 5, and 10 years.

Capital Opportunity
01 Yr 16.78%
03 Yr 15.43%
05 Yr 10.63%
10 Yr 15.56%

Russell Midcap Growth Index
01 Yr 10.66%
03 Yr 12.73%
05 Yr 08.22%
10 Yr 08.62%

cfs
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cfs
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On the Reit index fund

Post by cfs » Tue Mar 20, 2007 1:19 am

DW is not the only recommending a SELL on the REIT, check what M* is saying about the fund [no, M* is not recommending to sell the whole thing but to CUT down on your holdings].

Soon or later THEY will be right on their SELL call and then they will come back to us with a "see I told you so."

And oh by the way, what happened to the quarterly distribution of the Vanguard REIT Index Fund - none this quarter ???

cfs
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cfs
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Here is the Dan Wiener article on Buy/Sell Vanguard Funds

Post by cfs » Tue Mar 20, 2007 6:13 pm

In ref to the question on the SELL here is this from Morningstar:
while placing a sell label on Vanguard Total Stock Market (VTSMX) , Vanguard Total International Stock Index (VGTSX) , Vanguard REIT Index fund and ETF (VGSIX) , (VNQ) and Vanguard Energy (VGENX)
Click here for the rest of the story.

Link to the article

cfs
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Petrocelli
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Re: On the Reit index fund

Post by Petrocelli » Tue Mar 20, 2007 6:20 pm

cfs wrote:
Soon or later THEY will be right on their SELL call and then they will come back to us with a "see I told you so."
For the record, I think Dan Wiener has had a buy or a hold on REIT Index for several years. He changed it to "sell" only recently.
Last edited by Petrocelli on Tue Mar 20, 2007 6:45 pm, edited 1 time in total.
Petrocelli (not the real Rico, but just a fan)

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cfs
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Thanks for the info Petro

Post by cfs » Tue Mar 20, 2007 6:44 pm

Thanks for the info, I see a big SELL on some of the Diehards favorites.

cfs
p.s. I do remember Americo Petrocelli of the Bosox
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EyeDee
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Post by EyeDee » Tue Mar 20, 2007 6:59 pm

CFS,

According to this link, the REIT dividend should be out later this week.

(As you can see I tried to make it a short link so things did not stretch out, but the link was too complicated)

https://flagship.vanguard.com/VGApp/hn ... 07_ALL.jsp
Randy

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cfs
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Thanks

Post by cfs » Tue Mar 20, 2007 7:39 pm

Randy, thanks [yes, those links are challenging some times here]

REIT Index Investor, Admiral, Institutional, Signal
Dividends on 3/22/2007 as per the article

cfs
~ Member of the Active Retired Force since 2014 ~

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adrian2
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Post by adrian2 » Sun Mar 25, 2007 10:23 am

Is it too much to ask that, at least in a conversation title, people should be careful not to mis-spell a person's name?

It's WIENER not WEINER

Vienna in German is called Wien.
His name means Viennese.
OTOH, wein means wine.

If you want to diss a person, atack his ideas, not mock his name.

Adrian

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