Monetta in the News
Funds
“Rare mutual fund beating the index brushes off active-passive debate”
September 10, 2018 | S&P Global Market Intelligence
S&P Global Intelligence features the Monetta Core Growth Fund. Reporter Declan Harty spoke with Bob Bacarella about the Fund’s history and strategy. Read more from S&P Global Market Intelligence
“Choose These Mutual Funds If They Are Available In Your 401(k) Plan”
August 2, 2018 | Ken Kam, Forbes.com Investing Contributor
Contributor Ken Kam includes the Monetta Core Growth Fund (formerly Monetta Young Investor Fund) in a group of “17 no-load mutual funds that are still open to new investors and whose managers have been at the helm for 10 years, long enough to prove their skill. All have outperformed the S&P 500’s 10-year return of 10.61% and their category benchmark by enough of a margin to make a difference to investors.” Read more at Forbes.com
Markets
Stagflation in Economics: History, Causes & Characteristics
July 31, 2022 | Nathan Paulus, MoneyGeek
Nathan Paulus’s latest MoneyGeek article features insights from Robert S. Bacarella on the key differences between stagflation (persistent high inflation combined with high unemployment and stagnant demand in a country’s economy) and recession (a period of temporary economic decline during which trade and industrial activity are reduced) and how bankers have been dealing with stagflation in recent years. “The core issue between stagflation and recessions is raising prices primarily due to imbalances in the supply and demand for products.” Read more at MoneyGeek
*Inflation: a general increase in prices and fall in the purchasing value of money
**Purchasing Power: the financial ability to buy products and services
“‘Don’t panic’ about recession predictions, says market strategist: Here’s how to recession-proof your finances”
April 22, 2022 | Ryan Ermey, CNBC Grow
Ryan Ermey’s latest Grow article features insights from Robert S. Bacarella on the potential recession and how to prepare. “The best way to defend yourself is to switch to a diversified portfolio.” Read more at CNBC Grow
“7 Risks for Tesla’s stock that Robinhood traders would be wise to heed”
July 15, 2020 | Michael Brush, MarketWatch
Michael Brush’s latest MarketWatch column features insights from Bob Bacarella on Tesla performance: “The stock is not trading on a multiple of today’s or tomorrow’s earnings. It is trading on a multiple of Elon Musk’s dreams.” Read more at MarketWatch
“9 of the Best Stocks for a Starter Portfolio”
April 20, 2020 | Matt Whittaker, US News
US News shares insights from Bob Bacarella on Disney, in the context of the current health and economic crisis: “Look to companies that provide services and products you use and which you believe should return to normal profitability once this pandemic is behind us…. “We currently don’t know the extent of the damage, but we do know that people will eventually shop again, go to restaurants, fly and even plan a trip to Disney or go on a cruise.” Read more at US News
“10 stocks to buy as they get hit by year-end tax-loss selling”
December 21, 2019 | Michael Brush, MarketWatch
Michael Brush’s latest column features Bob Bacarella weighing in about L Brands—the company behind Victoria’s Secret and Bath & Body Works. Read more at MarketWatch
“10 Stocks for the Next 10 Years”
November 27, 2019 | Ryan Emery, Kiplinger
A fix is in the works and it’s only “a matter of time”—Bob Bacarella on Boeing’s grounded 737 and potential future earnings. Kiplinger identifies Boeing as one of the “10 Stocks for the Next 10 Years” and Bob weighs in. Read more at Kiplinger
“3 Useful Trends to Pick the Best Stocks to Buy”
September 6, 2019 | Debbie Carlson, US News
Bob Bacarella, founder and chairman of Monetta Financial Services, uses relative strength as a primary technical analysis indicator. Relative strength measures the price trend of an individual stock to the broader market. Read more at US News
“18 Consumer Staples Stocks to Take the Edge Off Your Portfolio”
May 8, 2019 | James Brumley, Kiplinger
Monetta Financial Services founder and portfolio manager Bob Bacarella says Costco “has a number of competitive advantages such as low prices, economics of scale compared to smaller retailers, can easily adjust to changes in customer consumption patterns, has an online delivery platform, an and innovative supply chain/inventory system.” Bacarella also is impressed by the way Costco continues to increase same-store sales while other retailers are getting “Amazoned.” Read more at Kiplinger
“Fund managers skittish over Levi’s long-term growth prospects”
March 21, 2019 | David Randall, Reuters
Bob Bacarella comments on Levi’s return to public markets in a recent Reuters article, noting concerns over the brand’s expansion plans – “If they can come out with a plan to show that they can grow market share and not be as dependent on retail stores then it becomes a lot more interesting.” Read more at Reuters
“7 Ways to Prepare Your Portfolio for a Recession”
February 15, 2019 | Debbie Carlson, US News
It’s important to “think long term”—even when a recession is on the horizon, notes Bob Bacarella in a recent US News feature. He cautions against market timing: “The time in the market, not market timing, helps people reach their financial goals. In the investment ocean, a recession is a wave that will eventually pass or that can be surfed on… it is not a reason to get out of the water.” Read more at US News
“5 Ways to Build a Conservative Investor’s Portfolio”
February 13, 2019 | Barbara Friedberg, US News
Bob Bacarella discusses risk vs. return in a recent US News column: “No investment strategy can guarantee positive returns, and it’s nearly impossible to tell if the market is in a temporary dip or at the beginning of a prolonged correction. Risk and volatility go hand in hand.” But avoiding risk altogether risks meeting long-term financial goals, he stressed. Read more at US News
“Some U.S. funds waiting for earnings to buy shares of surging Chipotle”
February 4, 2019 | David Randall, Reuters
Bob Bacarella discussed Chipotle’s lofty valuation with David Randall of Reuters.: “I like to buy stocks at new highs only because management is proving the fact that they can deliver…..” Read the full story at Reuters
“Investors ask how the Bezos divorce will affect Amazon”
January 10, 2019 | David Randall, Reuters
Reuters interviews Bob Bacarella on Amazon: “‘This is such an over-owned company and this gives [some growth managers] an excuse to say ‘Maybe I’ll trim some back because it adds a new question mark’, he said. Bacarella, however, said he is not concerned because even if MacKenzie Bezos liquidated a stake that could be as high as 8 percent, there would be no fundamental reason behind the sale. Any impact would be short-term in nature.” Read more at Reuters
“Pros and Cons to Buying Visa Stock”
January 10, 2019 | Brian O’Connell, US News Contributor
Bob Bacarella on the merits of Visa stock going into 2019: “The company is a cash generating machine with no credit risk, and continues to gain market share,” he says. Read more at US News
“Sometimes passive is good” – Monetta featured in the Chicago Tribune’s “Retire Ahead” Newsletter
January 4, 2019 | Jeff Steele, Chicago Tribune Contributor
“Index investing is not a bet against active management,” explains Bob Bacarella, founder, president, and portfolio manager. “Instead, it is an asset allocation strategy that provides some certainty that you will match market returns on at least a portion of your portfolio.” See page 9 of the Tribune's January 2019 "Retire Ahead"
George Grombacher Interviews Bob Bacarella
December 10, 2018 | Money Savage
In a recent interview with George Grombacher on Money Savage, Bob Bacarella discusses his investment strategy on embracing market corrections. Click here to read highlights from the interview and listen to the audio.
“Opinion: Here’s your seven-point guide for the next phase of the stock market”
November 1, 2018 | Michael Brush, MarketWatch Columnist
Bob Bacarella on owning high-beta, “quality” stocks in the late stages of a bull market: “Stay with the growth companies. Stay with the winners,” he says. Read more at MarketWatch.com
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-241-9772.
“Opinion: 5 reasons to buy stocks now — and 5 reasons to flee this market”
October 29, 2018 | Jeff Reeves, MarketWatch Columnist
Bob Bacarella comments on the historical short-term nature of bear markets and the mistake investors make when they shift prematurely into defensive positions. Read more at MarketWatch.com
“Opinion: Don’t sell now — we’re not heading into a bear market for stocks”
October 25, 2018 | Michael Brush, MarketWatch Columnist
Bob Bacarella discusses the norm of volatility in the advanced stages of a bull market with MarketWatch’s Michael Brush. Bob’s “base-case assumption” is that a recession is not at hand. “The bull market that started in 2009 is still intact,” he says. Read more at MarketWatch.com
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-241-9772.
Important Information
“Trump escalates attack on Amazon, focusing on tax, shipping”
March 29, 2018 | Reuters
Bob Bacarella comments on Amazon’s share price performance in the context of political news. Read more from Reuters
“A Baker’s Dozen of Bargain-Bin Stocks Held Down By Year-End Tax-Loss Selling”
December 20, 2017 | MarketWatch
Bob Bacarella discusses stocks that could have the potential to rebound after year-end tax-loss selling with MarketWatch’s Michael Brush. Read more at Marketwatch.com
News Releases
Monetta Extends $25 Matching Gift Promotion Through Holiday Season
Give the gift of investing—open an account with as little as $25 and establish an Automatic Investment Plan
Wheaton, Ill.—Dec. 15, 2021 Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced the extension of its $25 matching gift promotion. The program, which offers a $25 matching gift when investors create or increase an Automatic Investment Plan (AIP) with as little as $25 per month, will now run through December 31.*
“As you plan for the holidays, consider giving the gift of investing,” said Robert S. Bacarella, founder and co-portfolio manager at Monetta. “Taking the first steps to […]
Robert S. Bacarella Featured As Contributor in MoneyGeek
Robert S. Bacarella, Monetta’s founder, president, and portfolio manager, shared his thoughts with Kylie Ora Lobell for her recent MoneyGeek piece on financial basics for kids. The article, titled “Money Foundations for Kids: Compound Interest,” explains why parents should talk to their children about financial health. It delves into the ways parents can encourage financial literacy, with a special focus on the concept of compound interest.
As a MoneyGeek contributor, Mr. Bacarella offered his advice about the right age to start teaching kids about good financial habits:
“Good financial habits start early in life. Most kids learn about the concept of money, […]
Monetta offers limited-time $25 matching gift in “Ghostbusters” themed fall promotion
Monetta encourages investors to start with a diversified fund and “Don’t be afraid to invest!”
Wheaton, Ill. Nov. 8, 2021—Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced a $25 matching-gift promotion when investors create or increase an Automatic Investment Plan (AIP) promotion for as little as $25 per month.
“Starting with a diversified fund and adding to it regularly is the foundation of any wealth-building program,” said Robert S. Bacarella, founder and co-portfolio manager at Monetta. “By offering this low $25-minimum investment and matching gift, Monetta hopes individuals and families will take steps to start building […]
Monetta Newsletter and Games Recognized as a Youth Financial Literacy Resource by Journey Beyond Wealth
Journey Beyond Wealth’s Chris McCall included Monetta’s newsletter, games, and other educational materials in his list of “5 great resources to help your children learn about money and how to make smart financial decisions,” posted in Sept. 2021. .
McCall titled his article “The Second Most Important Thing You Can Teach Your Children or Grandchildren” and asks some thought provoking questions about how we, as parents, grandparents, and even other elder relatives, can set up our youngsters for success:
“We all want our children and grandchildren to do well in life. The most important thing we can teach our youth is […]
Monetta Financial Services renames fund, lowers minimum investment from $100 to $25
Monetta Core Growth Fund renamed Monetta Young Investor Growth Fund (MYIFX)
WHEATON, IL.—April 29, 2021. Monetta Financial Services, Inc. (“Monetta”) announced today two changes to the Monetta Core Growth Fund (MYIFX). On April 30, the fund’s name will become the Monetta Young Investor Growth Fund and its minimum initial investment will lower from $100 to $25 with an automatic investment plan.
Only the fund’s name and minimum investment are changing. Its objective, philosophy and strategy remain the same. The fund employs a diversified indexed component together with an actively managed portfolio of large-cap growth stocks.
“The genesis of the Monetta Young Investor Growth Fund […]
Monetta Announces Limited-Time Holiday Gift Matching Program
Like the “Jelly of the Month Club” in the movie National Lampoon’s Christmas Vacation, a gift that may “keep on giving”
Wheaton, Ill.—Nov. 30, 2020. Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced today a limited-time holiday gift matching program designed to help families.
“In the movie National Lampoon’s Christmas Vacation, Clark Griswold receives the “Jelly of the Month Club.” It wasn’t what Clark expected, but his cousin Eddie reminded him it’s the kind of gift that keeps on giving the whole year,” said Robert S. Bacarella, founder and co-portfolio manager at Monetta. “Like the ‘Jelly of […]
Monetta Financial Services Launches New, Family-Friendly Website
Features Monetta MoneyTalk Family Edition newsletter, online quiz, financial games and insightful analogies on personal finance & investing topics
WHEATON, IL.—September 11, 2020. Monetta Financial Services, Inc. (“Monetta”), adviser to the Monetta mutual funds, launched this month a new website at https://monetta.com that features easy-to-read insights about investing and personal finance topics presented in fun and engaging ways.
“We believe the new site is unlike many others in the mutual fund industry,” said Kate Ransford, marketing manager at Monetta. “Whether or not visitors are investors in Monetta funds, they are sure to learn something, whether that’s in Kids Corner or Monetta […]
Monetta Financial Services rebrands Monetta Young Investor Fund (MYIFX) as Monetta Core Growth Fund
New moniker reflects the fund’s potential suitability as a “core-plus” holding for investors of all ages
WHEATON, IL.—September 6, 2018. Monetta Financial Services, Inc. (“Monetta”), adviser to the Monetta mutual funds, today announced a name change for its Monetta Young Investor Fund to the Monetta Core Growth Fund (MYIFX). The fund’s new name more directly reflects the fund’s “core plus” investment approach and its potential suitability as a core holding for investors of all ages.
Only the fund’s name is changing. The fund’s objective, philosophy and strategy remain the same. The fund employs a diversified indexed component together with an actively managed […]
Monetta Core Growth Fund (MYIFX) (formerly the Monetta Young Investor Fund) Named a Finalist for Fund Intelligence’s “Fund Innovation of the Year” Award
Shortlisted for 2018 Mutual Fund Industry Awards
WHEATON, IL—March 5, 2018. Monetta Financial Services, Inc.’s “basic portfolio building block” mutual fund offering, the Monetta Young Investor Fund (MYIFX), has been shortlisted as a finalist in the 2018 Mutual Fund Industry Awards sponsored by Fund Intelligence.
The Monetta Core Growth Fund is a finalist in the “Fund Innovation of the Year” category, which is part of the Judge’s Choice Awards category. The full list of finalists, as announced by Fund Intelligence , includes:
- Charles Schwab index mutual […]
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