Search found 14 matches

by charliemckelvey
Sat Feb 23, 2013 4:23 pm
Forum: Stocks
Topic: Why the Days of Stock Picking May Be Coming to an End
Replies: 17
Views: 8831

Re: Why the Days of Stock Picking May Be Coming to an End

Wow.  I read this thread and was tempted to post but then I thought better.  Then again,... this Stock forum has not seen much action lately and it would be fun to whack the bee's nest and run...  What to do???  Ahh..., better not.......  I have been beaten up enough lately.  Hey, look at that, I am...
by charliemckelvey
Sat Feb 23, 2013 4:09 pm
Forum: Permanent Portfolio Discussion
Topic: Investment Management Fees Are (Much) Higher Than You Think
Replies: 48
Views: 18374

Re: Investment Management Fees Are (Much) Higher Than You Think

No doubt.  All of you here are light years ahead of the average investor.  You have to understand that the general public is literally clueless about investing and the stock market.  It is very easy to critique others when you have years of experience in something.  This is why I am critical when I...
by charliemckelvey
Sat Feb 23, 2013 3:55 pm
Forum: Permanent Portfolio Discussion
Topic: Investment Management Fees Are (Much) Higher Than You Think
Replies: 48
Views: 18374

Re: Investment Management Fees Are (Much) Higher Than You Think

The quandary that results when a clueless person hires an active manager is that of how to know whether the hired professional is actually doing his job properly. If you're truly clueless at investing, then you don't possess the skills to determine if your active manager has actually beaten the mar...
by charliemckelvey
Sat Feb 23, 2013 1:59 pm
Forum: Gold
Topic: Gold is sinking. Don't look!
Replies: 60
Views: 34915

Re: Gold is sinking. Don't look!

Yes.  Fantastic first post kapoios.  I face planted on my first post.  :'(  But now I'm all better.  :D
by charliemckelvey
Sat Feb 23, 2013 1:49 pm
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Re: Introduction - Charlie McKelvey, Bethlehem PA

Thanks fellas.  You guys are fun.  And don't worry.  I think I'll stick around awhile so you'll have plenty of time to pick on me.  ;D
by charliemckelvey
Sat Feb 23, 2013 12:16 pm
Forum: Permanent Portfolio Discussion
Topic: Investment Management Fees Are (Much) Higher Than You Think
Replies: 48
Views: 18374

Re: Investment Management Fees Are (Much) Higher Than You Think

No doubt.  All of you here are light years ahead of the average investor.  You have to understand that the general public is literally clueless about investing and the stock market.  It is very easy to critique others when you have years of experience in something.  This is why I am critical when I ...
by charliemckelvey
Sat Feb 23, 2013 11:45 am
Forum: Permanent Portfolio Discussion
Topic: Investment Management Fees Are (Much) Higher Than You Think
Replies: 48
Views: 18374

Re: Investment Management Fees Are (Much) Higher Than You Think

Wow...  This site is awesome!!!  Most of the forums I have joined the members are mildly engaged.  You guys are an active rowdy bunch.  Pop the popcorn I say!  :)  Let me respond to some of the comments... Yes, I am an investment advisor with a firm that actively manages client assets so I am biased...
by charliemckelvey
Sat Feb 23, 2013 11:07 am
Forum: Other Discussions
Topic: Your current guilty tv pleasure?
Replies: 37
Views: 14617

Re: Your current guilty tv pleasure?

Shark Tank, Pawn Stars, Ultimate Fighter, and I am really looking forward to 'The Bible' which is a 10-part series that premieres on the History Channel on 03/03/13.  Here is link if you are interested...  http://www.history.com/the-bible
by charliemckelvey
Sat Feb 23, 2013 10:54 am
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Re: Introduction - Charlie McKelvey, Bethlehem PA

Thanks for all the replies fellas.  You are an active bunch and I like that!  :)  MediumTex - you are correct, the mutual funds, not a holistic PP strategy.  Regarding my perspective on PP, honestly, I see some value but want to learn more.  Though I have been in the business for 20 years, the major...
by charliemckelvey
Sat Feb 23, 2013 9:23 am
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Re: Introduction - Charlie McKelvey, Bethlehem PA

I would like to share more info regarding our portfolio and performance but for client privacy reasons, I am unable to do so.  :-X  Our portfolio did do very well in comparison to the rest of the market in 2008/2009.
by charliemckelvey
Sat Feb 23, 2013 8:43 am
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Re: Introduction - Charlie McKelvey, Bethlehem PA

We hold some of the Permanent Port funds as part of our overall portfolio.  We manage 60 million for 300 clients.
by charliemckelvey
Sat Feb 23, 2013 6:04 am
Forum: Permanent Portfolio Discussion
Topic: Investment Management Fees Are (Much) Higher Than You Think
Replies: 48
Views: 18374

Re: Investment Management Fees Are (Much) Higher Than You Think

Sorry but that article is just ridiculous.  I follow the logic he presents with trying to build a case that active management fees are high.  Based on that however, we should all invest in some index fund at Vanguard.  That is actually the philosophy of a lot of people which seems to work just fine ...
by charliemckelvey
Sat Feb 23, 2013 5:46 am
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Re: Introduction - Charlie McKelvey, Bethlehem PA

Yes.  We do have some permanent port as a core holding in our portfolio.  I am here to learn more about the overall strategy and get others opinions on it.  I recently joined a few other stock forums as well.  ~  Charles
by charliemckelvey
Wed Feb 20, 2013 9:01 pm
Forum: Other Discussions
Topic: Introduction - Charlie McKelvey, Bethlehem PA
Replies: 30
Views: 12691

Introduction - Charlie McKelvey, Bethlehem PA

Just wanted to briefly introduce myself to the board...  My name is Charlie McKelvey. Best Regards and God Bless, Charlie McKelvey Bethlehem, PA [MediumTex edit: The rest of your post looks a bit like spam to me and I deleted it.  Hang around the forum a while before posting information about servic...