It looks like you're new here. If you want to get involved, click one of these buttons!
Good question. I’ve seen different definitions and I don’t believe any of them. Hussman claims he understands and that he’s investing based on a full market cycle - and look what’s happened to him. I’d say it’s not something you can measure in years, but rather by major trends and turning points (whatever they are).By the way - what is a full market cycle?
@Old_Joe - Thanks for the suggestion. I was already hard at work compiling all that stuff when BECKMANB posted his great response in the “Find a Good Site to Observe 2008 Fund Results” thread (above) tonight.@hank- Sounds like a great project for you on a snowy day up in your cabin...:)
Hmm, very reminiscent of what I heard 15+ years ago on this board. And my reply then, not in our life time....I am looking to Asia/China. It's where the future is...
Interesting Pudd. You've mentioned PGTAX before and I'm curious to know if you've ever looked at Janus Henderson Global Tech. I have JAGTX and will add to it this week after the distributions have been paid. PGTAX has a load and a higher ER than many tech funds and I was wondering why you prefer it. Several are closed to new retail, of course.Hi guys,
Did some buying this week: BTBFX, BTMFX, FNSTX, YAFFX, PGTAX and added a new position FEMKX......my thinking is we go higher.
God bless
the Pudd
The above and other posts by MikeM are what I have been saying for years. If I want higher income I use funds like Multisector funds such as IOFIX and PIMIX. If you are looking for high income + a good total return, look no further than PCI,PDI and other Pimco CEFs.If you open and read this, there is an image of the guy that wrote this blog and he looks like he may have been about 15 years old when REITS crashed in 2007-2009, so I don't think he understands the pain REIT investors felt at that time. I don't know how he can make this summary statement below. If I look at the Vanguard ETF for REITS, VNQ, it lost 70%+ peak to trough during the great recession. Would that be considered a bond alternative with less risk for retirees?REITs are a viable alternative to retirees and other income investors who desire greater income without having to take significantly more risk.
© 2015 Mutual Fund Observer. All rights reserved.
© 2015 Mutual Fund Observer. All rights reserved. Powered by Vanilla