What Dividend Mutual Fund Is Best For You? Re: MAPOX from M*, last August: "This moderate-allocation offering was subject to a new performance test for the 2015 Fantastic list. Previously we considered longtime manager Bill Frels' record, but when he retired at the end of 2014, performance rested with comanager Ron Kaliebe, who has been assigned to the fund since 2006."
I'm still into MAPOX, and adding to it. It's 15.2% of my total. The dividend has been rising, despite a lackluster year, even if by just a penny. It pays quarterly, not monthly. Their webpage warns about the Medtronic-Covidien deal, and about larger than normal year-end pay-out. Fine with me. It's in Trad. IRA. I dunno if that fund family's emphasis on upper-Midwest companies detracts. I first got in in 2012, at $68.00, and it's been a ride upward, since. This year has been a matter of stalling-out, with the rest of the Market.
....And no, I can't say I own ANYTHING devoted to dividends, except my bond-funds: DLFNX, PRSNX, PREMX. And the TRP global Real Estate Fund: TRGRX.
Funds with a focus on alternative energy (solar, wind) In addition to the recent Paris climate agreement, the US Congress unexpectedly agreed to extend tax credits for solar and wind for another five years. This may provide an unexpected boost to the industry, which has seen a fairly impressive growth in year over year power generation capability in the US. As the cost per kilowatt hour for both wind and solar is decreasing rapidly, and the companies in this industry are maturing, this is something that I will be looking at for 2016 as a flyer.
Anyone have funds focused in this area that I might consider?
thanks,
press
Where to invest in Oil ... after it bottoms, of course At Old_Joe
If I recall properly from a news blip today (Dec 18) that U.S. output is still quite high.........
The Saudi's can still try to grind everyone else into the "sand" from production. But, Iran wants to sell, Libya needs to and what about a few South American countries. And Mexico, too..........the list goes on, eh? Norway's social structure has a big stake in North Sea production.
Regards,
Catch
Where to invest in Oil ... after it bottoms, of course OK, so if that happens, then OPEC will again own the market. The only problem is that their income won't be anywhere close to what they need to maintain their living standards. "Production cost" is one thing; required national income is quite another. Saudi Arabia, for example, needs oil at around $100 to satisfy their income needs, from what I've read, and at the moment they are drawing down their financial reserves to supply the income difference.
The house of Saud may be many things, but stupid with respect to the world oil market probably isn't one of them. So where does that leave them?
It seems highly possible to me that there's something else going on here, that we're just not seeing yet. I wouldn't be too surprised if the threat of a major production increase from Iran is a factor in Saudi thinking, but even so, I can't see any commercial logic to the present situation.
