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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
  • 5 Exciting High Dividend REITs
    Exciting High Dividend REITs
    https://www.google.com/amp/s/seekingalpha.com/amp/article/4416145-5-exciting-high-dividend-reits
    Summary
    *Real estate investment trusts ('REITs') are popular with income seeking investors in the current low interest rate environment.
    In this article, we highlight five of our favorite REITs in the data center, self-storage, and commercial property industries that represent prime income generation opportunities.
    To gauge the forward-looking strength of a company, we use our proprietary Dividend Cushion ratio, which we cover in this article.
    Concluding Thoughts
    CyrusOne, CubeSmart, Digital Realty, Public Storage, and Realty Income represent five of our favorite dividend growth REITs out there as these firms represent stellar opportunities for income seeking investors. The data center and self-storage industries are great places to locate high-quality income generation ideas with solid growth outlooks and strong payouts. For Realty Income, we expect its business to come surging back as public health authorities in the US and the UK work towards bringing an end to the COVID-19 pandemic, aided by ongoing vaccine distribution efforts. Looking ahead, all five of these REITs should continue to make good on their payout obligations over the coming years with room for dividend growth upside, in our view.*
    In the next few years real estates investments may see > 10 20% gain possible
  • This chart shows why investors should never try to time the stock market
    This chart shows why investors should never try to time the stock market
    https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html
    KEY POINTS
    *Investors should avoid the impulse to time the market, new data from Bank of America shows.
    Looking at data going back to 1930, the firm found that if an investor sat out the S&P 500′s 10 best days per decade, total returns would be significantly lower than the return for investors who waited it out.
    And the market’s best days typically follow the largest drops, meaning panic selling can lead to missed opportunities on the upside.*
    Maybe good to sit back and watch market...who know you may outperform your friends whom are day traders
  • Bigtime SECTOR Rotations
    This is why I have owned one stock in part BA-Boeing for 45 years and will never sell it. I am also 87 in April. There were times when I owned a great deal more.
  • A Bitcoin / Cryptocurrency thread & Experiment
    @royal4 you’re right about the threat of country’s starting their own digital currency and I would never buy non fungible assets but something is afoot...why not try and make something of it? https://www.bostonglobe.com/2021/03/25/business/fidelity-plans-big-bet-bitcoin/
  • A Bitcoin / Cryptocurrency thread & Experiment
    A counter point from Ray Dalio ... https://finance.yahoo.com/news/ray-dalio-on-bitcoin-and-probability-of-ban-130008375.html
    Biggest threat is governments outlawing Bitcoin. That said, much smarter people than I are adding it to their Arsenal. Fidelity is close to adding a crypto ETF. As more institutions and companies embrace crypto... I can’t imagine they haven’t investigated this threat. Bitcoin managed just fine today with the options expiring. So far, I’m still positive with my 1K. Having fun with it. Will post an update when it’s worthwhile.
  • Shipping News: Suez Can't -at-all
    image image
    It's being reported that there are no cranes in the area large enough to off-load these containers. The only possibility is to use helicopters. That shouldn't take too long. NPR is reporting that Lloyd's List estimates that the waiting game is costing $9.6 billion per day.
    Link to NPR article
  • Guinness Atkinson Asia Pacific Dividend Builder and Dividend Builder Funds converted to ETFs
    https://www.sec.gov/Archives/edgar/data/919160/000139834421007074/fp0063825_497.htm
    497 1 fp0063825_497.htm
    GUINNESS ATKINSON FUNDS
    Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX)
    Guinness Atkinson Dividend Builder Fund (GAINX)
    SUPPLEMENT DATED MARCH 26, 2021
    This Supplement provides new information beyond that contained in the currently effective Summary Prospectus dated May 5, 2020, Prospectus, and Statement of Additional Information (“SAI”) each dated May 1, 2020, as supplemented, for each of the Funds identified above.
    Effective March 29, 2021, each of the Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX) and the Guinness Atkinson Dividend Builder Fund (GAINX) are no longer available for purchase. The funds were converted into exchange traded funds (“ETFs”) on March 26, 2021. The names of the successor ETFs are SmartETFs Asia Pacific Dividend Builder ETF (ADIV) and SmartETFs Dividend Builder ETF (DIVS), and each ETF is listed for trading on the NYSE Arca stock exchange.
    For further information, you may contact the funds at 1-800-915-6566 or visit the funds website at www.gafunds.com. You can also call the SmartETFs customer service line at 866-307-5990 or visit the SmartETFs website at www.SmartETFs.com.
    For each Fund, this Supplement, the existing Prospectus and SAI provide relevant information for all shareholders and should be retained for future reference. Each Fund’s Prospectus and the SAI have been filed with the Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free:
    Guinness Atkinson Funds (800) 915-6566
  • Investing in the Gig Economy - GIGE
    Kind of what happens as an end result when you ship all your decent paying jobs overseas over the period of 20-30 years...ya'll left with a BS economy...selling weed for tax revenue, working at fast food joints, driving UBERs...and the good paying jobs are either in overpriced health care segment or developing apps that society would arguably be better off without and wouldn't miss them if they didn't exist, keeping rates low so mortgage finance officers can make bank and realtors and local tax districts can suckle of the false teet of overprice real estate....so you get what I would call instead of EXPLOIT...BSECONO....
    Side Note: Love how many of the folks who run for local office on school boards etc, state they own their own business...I always ask them, very nice, congrats...how many associates do you employ, what kind of budget did you manage, what were your revenues over the past threee years...oh...so really you were a free lance graphic artist working on average 25 hours a week...
    Get used to it...if the real economy was real sound, you wouldn't have folks particpating in these BS, screw the worker grunt, no bennies, while exec's make bank types of companies. They would get laughed out of existence.
    But...we like it, don't we, we all buy from Bezos, squeezing local merchants and like our UBERs don't we?
    Baseball Fan
  • Investing in the Gig Economy - GIGE
    What is the Gig Economy?The “gig economy” refers to the group of companies that embrace, support or otherwise benefit from aworkforce where independent consultants, contractors, temporary or on-call workers are empowered tocreate their own freelance business by leveraging recent developments in technology platforms thatenable individuals to offer their services directly to retail and commercial customers.
    SOFI ETF GIGE
    Interview with the manager:
    https://theirrelevantinvestor.com/2021/03/26/20543/
  • Finally, what I've been trying to do for decades....Have a "defined positive outcome".
    Three times the upside and only one times the downside. Finally, the ultimate plan has been presented.
    I can't wait and probably you, too. :) :) :)
    Have a pleasant day.
    Catch
    Innovator etf's
  • Shipping News: Suez Can't -at-all
    image
    For some sense of size:
    The pictured tug boat Baraka 1 is 69 meters long (226 ft.) with a beam (width) of 16 meters or 50.5 feet. That makes the tug boat substantially larger than a typical 180’ long great lakes Coast Guard cutter like the USCGC Sundew. (pictured).
    No idea how to free this. I’d call Elon Musk for ideas. The bill will be huge. More experience with ships stuck in ice in this region than in sand. In ice they try to shift weight side to side and rock the boat. But here ..... :)
  • Shipping News: Suez Can't -at-all
    Not necessarily the Captain. During canal transit the ships are all under the control of local pilots, supposedly specially trained and qualified to handle the tight passage and the heavy winds which are frequent in the area.
    The banks in the area where the ship is located are nothing but sand, and are already crumbling where the ship impacted the bank.. How would you even get the type of huge cranes necessary for handling loaded containers there?
    This morning's WSJ has some good pics and lots of detailed info on the situation.
    The Captain is always responsible. It's an ancient rule. It was the Captain's decision to sail under the prevailing conditions. The captain is also responsible for making sure there were enough tugs to handle prevailing conditions.
    Pilots might face some blow-back depending on local regulations, and the result of drug and alcohol testing. Check out the Cosco Busan incident from a port near you. What happened to Capt. Cota was actually sort of a new development in the US industry at the time.
    Given the current timeline, and economic impact, I'm really surprised they don't already have lift capacity installed on barges. It's not like all those containers are filled with lead. They certainly wouldn't need a lot of fancy tech to offload fuel and ballast.
    The BBC makes it sound hard. But somebody has a manifest. And there are people that specialize in loading and unloading container ships so that they don't tip over when they're along side. Which this ship essentially is.
  • DGHM MicroCap Value Fund to be liquidated
    https://www.sec.gov/Archives/edgar/data/1396092/000138713121003897/dghm-497_032521.htm
    497 1 dghm-497_032521.htm SUPPLEMENT DATED MARCH 25, 2021
    DGHM MicroCap Value Fund
    Investor Class Shares (DGMMX)
    Institutional Class Shares (DGMIX)
    Supplement dated March 25, 2021
    to the Prospectus and Statement of Additional Information (“SAI”),
    each dated June 29, 2020
    The Board of Trustees (the “Board”) of World Funds Trust (the “Trust”) has approved a Plan of Liquidation (the “Plan”) for the DGHM MicroCap Value Fund (the “Fund”), which became effective on March 25, 2021. Dalton, Greiner, Hartman, Maher & Co., LLC (the “Adviser”) recommended that the Board approve the Plan due to a diminished asset base and correspondingly rising expenses of the Fund, which the Adviser has indicated that it is no longer willing to continue to subsidize. As a result, the Board concluded that it is in the best interest of the Fund’s shareholders to liquidate the Fund. The Fund is expected to liquidate on or about April 26, 2021 (the “Liquidation Date”).
    Effective March 25, 2021, the Fund was closed to new and subsequent investments. Until the Liquidation Date, Fund shareholders may continue to reinvest dividends and distributions in the Fund or redeem their shares. Any remaining shareholders on the Liquidation Date will receive a distribution of their remaining investment value in the Fund based on the instructions listed on your account. The sale or liquidation of your shares will generally be a taxable event. You should consult your tax advisor about your tax situation.
    As shareholders redeem shares of the Fund between March 25, 2021 and the Liquidation Date, the Fund may not be able to maintain its stated investment goal and other investment policies. Accordingly, the Fund may deviate from its stated investment goal and other investment policies during the period between March 25, 2021 and the Liquidation Date.
    If you have questions or need assistance, please contact your financial advisor directly or the Fund toll-free at 1-800-673-0550.
    This Supplement and the existing Prospectus provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the SAI have been filed with the Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free at 1-800-673-0550.
  • Just discovered (single stock prospect: AQN)
    @Crash (and others)—they also have two preferred shares, AQNA (~6.2% yield) and AQNB (just over 5.5%), that offer yields above the common (which yields 3.94%). The -A preferred is call protected until 2023, at which time it will either float its dividend rate, or be called, and the -B preferred until 2024. Just a couple of options to consider :)
    I think utilities that are already into renewables, such as AQN, will be rewarded in the future, as they will be ahead of the curve, similar to TSLA having a very large head start over the traditional car makers. Some others to look at are NextEra Energy, NEE, and Dominion, D, which sold off a pipeline last year in an effort to pivot to more “green” power generation/distribution.
    I had forgotten about AQN, Crash....thanks for bringing it up! And not trying to take over the thread, but the “renewablization” of utilities is something I think the 2020’s will bring also!
  • FRIFX , VGSIX, VGPMX and Other Steady Eddys
    POAGX fell 35.34% and currently is up 26.13% over it's March 2020 high.
    MGGPX fell 27.28% and currently is up 39.14%.
    Not sure if they qualify as steady eddys but it works for me.
  • FRIFX , VGSIX, VGPMX and Other Steady Eddys
    Since February 2020 FRIFX has bounced back close to even from its 35% draw down.
    VGSIX fell 43% and has clawed back all but 5% of its draw down.
    YTD they both have had steady returns of:
    FRIFX up 6.27% with very little volatility
    VGSIX up 10.77%
    On a short term (1 month basis), many of my funds are testing their early March 2021 lows today while the RE sector holds steady.
    Other sector funds holding steady:
    VGPMX & PRNEX - Natural Resource
    Any other steady eddys in equity / bond land?
  • Goldman Analysts Claim Inhumane Working Conditions
    @hank, I weep for these people.
    I had a discussion with a proud recent college grad once, who told me he was about to head off to GS, to make a big salary in NY. I asked him if he divided his salary by 2 (to account for the fact that he would be working 80+ hour weeks), and then discounted the halved amount by 10-15% to account for the increased cost of living, if he was making all that much.
    He looked at me stunned and said: "no, not really".
    I then asked him how much cool stuff he thought he'd be able to do in NYC when he was working 80+ hour weeks.
    He was, as you might imagine, stunned again.

    har
    This also shows he does not have the macro / contextual analytical skills for the job, really, either....
    kids today.
    One of mine works for the most 'prestigious' consulting firm, in the news recently for reasons not at all good, and it's pretty much the same as to labor quantity (and he's not close to entry-level either). Eesh, you could not pay me to do that, nor have so paid me in the past.
  • Goldman Analysts Claim Inhumane Working Conditions
    @hank, I weep for these people.
    I had a discussion with a proud recent college grad once, who told me he was about to head off to GS, to make a big salary in NY. I asked him if he divided his salary by 2 (to account for the fact that he would be working 80+ hour weeks), and then discounted the halved amount by 10-15% to account for the increased cost of living, if he really thought was making all that much in the end.
    He looked at me stunned and said: "no, not really".
    I then asked him how much cool stuff he thought he'd be able to do in NYC when he was working 80+ hour weeks.
    He was, as you might imagine, again taken aback.