Value time again ??? Recent indicators and returns pointing a new direction for the hot money? My domestic equity sleeve, found in the growth & income area, consisting of ANCFX, FDSAX & SVAAX has had some nice upward movement this past rolling month (up +2.93%) while my large/mid cap sleeve, found in the growth area, consisting of AGTHX, AMCPX & SPECX has been stumbling (down -0.68%). In addition, my small/mid cap sleeve, also found in the growth area, consisting of IIVAX, PCVAX & PMDAX is up +0.94%.
From a Global perspective my global equity sleeve (growth & income area) which consist of CWGIX, DEQAX & EADIX is up +0.63% while its cousin sleeve, global growth, found in the growth area and consisting of ANWPX, SMCWX & THOAX is down -1.22%.
I find it interesting that my S&P Equal Weighted 500 Index Fund (VADAX) is up +2.34% while its cap weighted cousin (SPIAX) is up 1.66% for the same rolling month.
So, it seems form review of the above value has lead growth for the past rolling month within my portfolio while an equally weighted 500 Index fund leads (its cousin) the cap weighted one.
Watch out, its capital gains distribution time for a good number of mutual funds. Got one yesterday, at about 6.7%, form SVAAX. Since, market valuations are pretty high, by my metrics, I'm taking most all distributions in cash. Come January I'll decide what to do with my year end cash distributions..
Old_Skeet
Trailing comment: Overall I am currently about 40% value, 30% blend & 30% growth.
DoubleLine Shiller Enhanced CAPE down -6.5% today? Is this an error, or what the heck happened? DSENX down -6.45%. That's what I see on my Schwab account.
Value time again ??? Recent indicators and returns pointing a new direction for the hot money? I’ve felt it was “value time” for the past 5 years. But that’s just me. Not everybody sees it that way.
On the other hand, doubt anything out there is really cheap. Proceed at your own risk.
Warning: You are about to enter the “annual distribution zone.”
(PRPFX was the first of mine to take a haircut today.)
Gundlach Says 'Strange Environment' To Be Cutting U.S. Corporate Taxes: + Yellen's Legacy JG on why commodities might be a good choice over equities:
In a response to a question about whether having 10 percent of a portfolio in gold is "too much," Gundlach said he would rather put 10 to 15 percent of his investments in commodities broadly rather than gold alone.
jeffrey-gundlach-says-its-a-good-time-to-buy-commodities?
How AI Will Invade Every Corner Of Wall Street
Fraudulent CC Transactions Thanks for all the comments guys. One reason I haven't contacted Lyft is because I am not their client. Best to work through Discover. THEY are liable for all charges and can deal with Lyft. We have new card now and don't see any other transaction we don't recognize.
Why wait for bill to arrive in mail? Good question. One reason - simplify life. There is already too much computer / online usage we are trying to cut down. As family I make my daughter call me from college instead of continuous texting, for instance. I want to check mail just once a week and pay bills. I DO NOT want to be constantly connected. However, one thing we should do I realize as I'm typing this is to sign up for text alert when card is used.
Now once again, Lyft app asks for Name, CC#, Security Code, Address, Phone Number. You would think they would verify ALL before letting you use the app. The ONLY party that can easily know all of the above is someone at Discover. The waiter who takes my card away could perhaps be "selling" information to someone who can dig up my Phone Number and address. BUT how does he spoof my Phone? I know it's possible to do that because I've received calls from myself asking me to type last 4 digits of my SSN from cyber theives out there (google, it is fairly common)
Someone (how?) stole my information happens to be a Lyft employee? Okay, HTF did he get Security Code? Or the waiter above worked with someone from Lyft?
Sometimes the answer is indeed the most obvious one. I agree I might be suffering from unconscious bias since my personal experience on identity theft was an inside job, I'm predisposed to thinking that's the case again. I don't buy someone was "testing" the card with Lyft. How many times does he need to test? There were 25+ transactions over 3 weeks.
Finally whenever CC card is used online, they ask you BILLING address. If you are receiving something there is SHIPPING address. If Merchants are not verifying information against BILLING address they are not fulfilling their fiduciary responsibilities. Lyft is not a Mom-Pop shop.
It would very well be a CROOK at Discover or INCOMPETENCE at Lyft or Both
The Perils Of Calling The Peak Of The Equities Bull Run
The Plumb Report - A Portfolio of a Diffrent Color...Mostly Silver and Gold I receive updates to the "model portfolio" which relies heavily on Gold and Silver to color its performance returns. It December allocation is as follows:
The Author attempt to out perform 9
5% of all mutual funds over a 10 year period...not always successfully I might add.
plumbreport.com/?page_id=51
Why buy bonds, and a few short lists Hi
@bee,
Thanks for posting your findings on IOFIX. Indeed, I found the review of the material to be interesting. Don't know how Junkster finds these kind of funds ... but, I am sure glad he makes "some" of his better findings know on the MFO board.
I'm looking to read what he has to say (on his picks and thoughts) come January.
In addition, I just came form viewing the earnings outlook on the S&P
500 Index for 2018 on several sites I use for reference. Seems forward estimates are looking towards $1
55.00 full year on down towards the $13
5.00 range. Let's see ... $13
5.00 X 20 = 2700 ... $1
55.00 X 20 = 3100 ... and, a blended number of $14
5.00 X 20 = 2900.
Your guess is a good as mine ... but, the blended number bubbles pretty good.
Value time again ??? Recent indicators and returns pointing a new direction for the hot money? I cruise through the Fidelity family funds to look at the various funds and their actions. At the Thanksgiving period I noticed that most of the funds that were associated with "value" were having positive days when growth funds were either neutral or down. I continued to watch and
perhaps the hot money wants to move to the down trodden market area; at least relative to growth for this year.
You do not need to login to view this Fidelity list. Click upon the the NAV% column to sort for return percentage for the day.
Another day of significant change between growth and value types. http://fundresearch.fidelity.com/mutual-funds/fidelity-funds-daily-pricing-yields?refpr=MFRes_016Value and Growth do rotate.....a short view in this chart.
http://stockcharts.com/freecharts/perf.php?JKF,JKE&p=5&O=011000Chart for etf's listed in below link. The visual short term changes between value and growth of all capsizes, which started a more dramatic move around Nov. 2
5.
http://stockcharts.com/freecharts/perf.php?JKF,JKE,JKI,JKH,JKL,JKK&p=0&O=011000Lipper over view of categories/styles:
http://www.wsj.com/mdc/public/page/2_3020-lipperindx.html?mod=topnav_2_3023Lastly, the daily return for these two today:
---JKF = +1.1%
---JKE = -1.2%
The past week for these two:
--- JKF =+4%
--- JKE = -1.2%
JKF has a YTD return of: +13%
JKE has a YTD return of: +28.9%
Well, anyway; perhaps something to think about viewing your favorite growth and value investments comparison.
Most assuredly would appreciate comments.
Take care,
Catch
Why buy bonds, and a few short lists
Dash of Insight - Fund Sectors Impacted by Tax Overhaul
Dash of Insight - Fund Sectors Impacted by Tax Overhaul Mondays are always a good day to read this blog (linked below).
This Monday discusses (among other things) the Impact that The Tax Overhaul will have a financial sectors:
Link to the entire Blog:
dashofinsight.com/
What To Consider Before You Dash Into Cash
What To Consider Before You Dash Into Cash
What Are Donor-Advised Funds?
Why buy bonds, and a few short lists Junkster's Forum Comment
Here is looking at you
@MikeM.
Discuss > Single Post All PostsForumsBlogsSharingTopicsJoin
Re: Bond OEFs - what now
Junkster 11-02-2017, 11:0
5 AM | Post #388068
5 |
0
>>>> FD says "Most of my money is in 3 horses PIMIX,IOFIX and NHMAX(switched from PHMIX was luck or skill??). IOFIX last jump was 8/22, are we going to see the next one this month? let's see if the pattern will continue.<<<<<<
Hope you are right about IOFIX FD. My problem is when a pattern becomes too well known and predictable....... Last year it had a big jump on September 30 and then it wasn't until February 24 of this year for the next one. Plus AUM which have grown dramatically may impact the pattern. But I will stay put with IOFIX for awhile. Pimco's Mark Kiesel said just the other day that non agencies are mispriced and " are among the few bonds that have price upside"
I've found a newer fund and a mini IOFIX I haven't seen mentioned anywhere. It's not available in all states and I contacted them to have it blue skied in my home state of KY which takes but a few weeks. I went through that process with SPFRX when it was a young fund back in 201
5. Regardless, looking forward to 2018 and seeing where the momentum will be. Junk corporates are so unloved because of valuations they may surprise. Or maybe bank loans because we may have more aggressive rate hikes.
Will check back in next year. After this post immediately deleting all my trading and investing forums. Winter off trail hiking is just around the corner. At 70 years old hanging out on forums has lost much of its appeal. Good luck to everyone.</blockquote>
And your point is? The Master of Misrepresentation strikes again conveniently omitting this was a post made on the Morningstar board. Trying to stir things up? That was simply my way of saying goodbye to the Morningstar forums. Had never posted there till IOFIX became a topic of conversation after my comments made on this board earlier in the year. Some great posters and conversations over there but not my cup of tea. But no way was I able to delete this fine board try as I could. As for that mystery fund much ado about nothing. The River Canyon Total Return Bond fund for the time being will not be available on any retail brokerage platforms.
Why buy bonds, and a few short lists Junkster's Forum Comment
Here is looking at you
@MikeM.
Discuss > Single Post All PostsForumsBlogsSharingTopicsJoin
Re: Bond OEFs - what now
Junkster 11-02-2017, 11:0
5 AM | Post #388068
5 |
0
>>>> FD says "Most of my money is in 3 horses PIMIX,IOFIX and NHMAX(switched from PHMIX was luck or skill??). IOFIX last jump was 8/22, are we going to see the next one this month? let's see if the pattern will continue.<<<<<<
Hope you are right about IOFIX FD. My problem is when a pattern becomes too well known and predictable....... Last year it had a big jump on September 30 and then it wasn't until February 24 of this year for the next one. Plus AUM which have grown dramatically may impact the pattern. But I will stay put with IOFIX for awhile. Pimco's Mark Kiesel said just the other day that non agencies are mispriced and " are among the few bonds that have price upside"
I've found a newer fund and a mini IOFIX I haven't seen mentioned anywhere. It's not available in all states and I contacted them to have it blue skied in my home state of KY which takes but a few weeks. I went through that process with SPFRX when it was a young fund back in 201
5. Regardless, looking forward to 2018 and seeing where the momentum will be. Junk corporates are so unloved because of valuations they may surprise. Or maybe bank loans because we may have more aggressive rate hikes.
Will check back in next year. After this post immediately deleting all my trading and investing forums. Winter off trail hiking is just around the corner. At 70 years old hanging out on forums has lost much of its appeal. Good luck to everyone.
Polen Global Growth @VintageFreakThis fund has been in my portfolio since 201
5. Watching to see what happens with current fund management and holdings makes sense. Polen Capital executes a specific process. The remaining managers know that process. The firm has been putting some focus into international investing in recent years. I'll hold on to see how things go in 2018. Given the low turnover rate and small number of holdings, I don't expect there will be any rapid decline in performance over the short term due to the management change. So, I don't feel a need to make a rushed decision.
