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.
Support MFO
Donate through PayPal
now what?....muni this wk news ... couple of reads..invest in EM?
I copied the post I put up this morning under "Scott Where Is Your Thread? Where Are You Investing Now? It seems to fit with your linked article on emerging markets.
This past week, or so, I have been adding to my emerging market funds. At August months end my portfolio according to a Morningstar Instant Xray analysis indicated that I was carring about a 4.5% exposure to emerging markets (e/m). Since e/m's are currently out of favor I plan to average my exposure to e/m up to 5% in the near term, taking weekly steps. I have linked Ron Rowland's most recent weekly newsletter Invest With An Edge titled Limbo Season. Notice e/m are towards last place in the global rankings in this newsletter. I have followed his newsletter for sometime now and have invested in out of favor assets in the past and within a short period of time they seem to find traction and start moving upward. I did this not long ago with increasing my exposure to Greater Europe and it has moved form last to first place and has now pulled back to a second place position all within weeks. My thinking is that with an improving global economy emerging markets will follow. I try to invest new money where I am finding the best value and most likely this will be in the out of favor assets. I am more of a value type investor rather than that of a momentum type. I consider Latin America as part of my e/m allocation as it is found in a good number of e/m funds.
This past week all three of my e/m funds were up (NEWFX, THDAX & DEMAX). For the month one is up (DEMAX) and two are down (NEWFX & THDAX). For the past three months two are up (NEWFX & DEMAX) and one is down (THDAX). Year-to-date all three are up.
Enjoy the read ... Perhaps, it will help you in selecting assets for positioning. You can click on the Past Newsletters tab to reference or read past newsletters.
In addition, I also give credence to his Leadership Strategy. In this, I make sure that I have a good representation to its asset leaders … and, if not, then I’ll increase my allocation to them. His Leadership Strategy can be referenced by clicking on its tab.
Reply to @Skeeter: Hi skeeter. Thanks for the commentary. I still have 20+ yrs plus to recover, probably can take a few down turns here and there. Still 80/20 in 401K at work the past 4 yrs, no change.
Comments
I copied the post I put up this morning under "Scott Where Is Your Thread? Where Are You Investing Now? It seems to fit with your linked article on emerging markets.
This past week, or so, I have been adding to my emerging market funds. At August months end my portfolio according to a Morningstar Instant Xray analysis indicated that I was carring about a 4.5% exposure to emerging markets (e/m). Since e/m's are currently out of favor I plan to average my exposure to e/m up to 5% in the near term, taking weekly steps. I have linked Ron Rowland's most recent weekly newsletter Invest With An Edge titled Limbo Season. Notice e/m are towards last place in the global rankings in this newsletter. I have followed his newsletter for sometime now and have invested in out of favor assets in the past and within a short period of time they seem to find traction and start moving upward. I did this not long ago with increasing my exposure to Greater Europe and it has moved form last to first place and has now pulled back to a second place position all within weeks. My thinking is that with an improving global economy emerging markets will follow. I try to invest new money where I am finding the best value and most likely this will be in the out of favor assets. I am more of a value type investor rather than that of a momentum type. I consider Latin America as part of my e/m allocation as it is found in a good number of e/m funds.
This past week all three of my e/m funds were up (NEWFX, THDAX & DEMAX). For the month one is up (DEMAX) and two are down (NEWFX & THDAX). For the past three months two are up (NEWFX & DEMAX) and one is down (THDAX). Year-to-date all three are up.
Enjoy the read ... Perhaps, it will help you in selecting assets for positioning. You can click on the Past Newsletters tab to reference or read past newsletters.
http://investwithanedge.com/newsletter-archives/090413-limbo-season
In addition, I also give credence to his Leadership Strategy. In this, I make sure that I have a good representation to its asset leaders … and, if not, then I’ll increase my allocation to them. His Leadership Strategy can be referenced by clicking on its tab.
So ... Where are you investing now?
Skeeter
http://www.usfunds.com/media/files/pdfs/investor-alert/_2013/2013-09-06/Investor_Alert_9-6-2013.pdf?utm_source=SubscriberMail&utm_medium=email&utm_campaign=IA 9/6/13&utm_term=Download PDF Version&utm_content=c35a4e567cd7466eaaf4f1a8d1df0917
For the private portfolio, recently added a little energy VDE, also bought Ashanti bond 8%+ yield, very good deal IMHO...
http://www.bdlive.co.za/business/mining/2013/07/29/anglogold-ashanti-bond-issue-attracts-investor-interest
don't really know what to buy next in private portfolio given the turmoil in middle east. maybe more gold and oil but we don't really know
hagd