I picked up a Mutual Fund and a six pack...

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craigr
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I picked up a Mutual Fund and a six pack...

Post by craigr » Fri Aug 24, 2007 4:21 pm

I took this photo a couple weeks back. I couldn't believe it when I saw it. Anyone do their investment shopping here?

Image[/img]

Robin
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Post by Robin » Fri Aug 24, 2007 4:36 pm

Was there a Hedge Fund store in the same shopping center?

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craigr
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Post by craigr » Fri Aug 24, 2007 4:43 pm

Robin wrote:Was there a Hedge Fund store in the same shopping center?
:)

No, but there was a Commodities Cart out front.

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zhiwiller
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Post by zhiwiller » Fri Aug 24, 2007 5:02 pm

That reminds me of when people talk about going to the Dollar Store. I say (because I'm a jerk) "How much are they selling dollars for?" :D

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ryuns
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Post by ryuns » Fri Aug 24, 2007 5:07 pm

I picked up a Mutual Fund and a six pack...Anyone do their investment shopping here?
Nah, I shopped around but all their six packs came with 12b-1 fees.

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joe8d
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Adam Bold

Post by joe8d » Fri Aug 24, 2007 8:17 pm

On the various forums,I've seen mention of an Adam Bold and the Mutual Fund Store which apparently is the name of his radio show and the investment offices connected to him.

Plainsman
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Post by Plainsman » Fri Aug 24, 2007 9:15 pm

I believe Adam Bold started the company in Kansas City. He has a weekly radio show on Saturday mornings that is nothing more than an advertisement for his business.

He has offices throughout the country with local advisors that recommend the funds and portfolios that he researches (he is the CIO). He uses primarily no-load and load-waived NTF funds, and tends to recommend the same funds over and over (some of his favorites are UMBIX - Excelsior Value and Restructuring, TAVFX - Third Avenue Value, FBRVX - FBR Small Cap). He does talk about asset allocation, but generally ignores costs or tax-efficiency, and has never recommended an index fund that I am aware of.

I think the minimum to invest is $50,000, and I think the advisory fee is 1% of assets.

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