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
PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
Ted....as the link below indicated, and I'm paraphrasing, if you don't hate at least one section of your portfolio, you are most likely not adequately diversified.
http://awealthofcommonsense.com/you-should-hate-some-of-your-investments/
My divi p…
Lots of activity as my recent retirement saw a transfer of 401(K) dollars from Fidelity to an existing Schwab IRA rollover account. I am losing access to several funds I like, and have been thinking about this for more than a few months. None of the…
No problem Ted....just email me the bill along with your bank account number and password so I can deposit the funds. Also, 10K invested would be $35,279.17 per M* so I can pick up dessert as well.
I would personally wait until after the SCOTUS rules on the ACA subsidies before putting new money to work in a broad-based HC fund. BIO's may be sheltered, but other HC may take a hit if the court issues a surprise.
The time to execute on infrastructure is when borrowing costs are low. That, plus the employment boost is precisely what is/was needed.
We are going to miss that window of opportunity due to political bickering.
Shadow....the currently closed fund in this family is VVPSX, the small cap value fund. I got a toe-hold in this when learning it was closing, as SC value selections are few and far between.
The LC fund's performance does look attractive though. Clo…
Retiring on June 1 at age 59....getting COBRA for about $1K a month and will figure out what the ACA has in store for me at the end of the year since I am not insurable otherwise.
The week after I retire, I'm headed to Italy for 3 weeks.
There a…
Thanks for posting this Ted. I had been considering similar items for my sleeve of holdings which account for 4 years of spending dollars heading into retirement. I had previously considered short terms bond funds, or market neutral funds like MERFX…
It is odd the things that I remember from the show...such as when Lou introduced the central guest, I remember that the producer (?) essentially guided the person onto the set....very quaint.
And Liz Ann Sonders....as I see she will be a guest as …
One week ago, VGHCX hit a threshold calling for the usual and customary 33% haircut. The timing on this was just blind luck. I guess that is one benefit for having a pre-set trigger point.
I am quite content to sit for a bit, but I think the divi p…
Hi Scott...I have no magic insights to the industry here, but you are correct....it is an unbelievably exciting (and profitable) time to be involved in drug discovery. One of the things my CEO keeps emphasizing is that our customers are changing liv…
To be clear, my question wasn't one of challenge...as I too have a significant allocation to HC, and the pharma/bio-tech arena is my vocation so I'm active in this space from that additional perspective.
I was curious due to media mention of a cor…
BIIB + another 4.5% pre-market. Look for more gains likely in biotech funds today.
http://www.cnbc.com/id/102521170
This has impact far beyond the price of the stock. We may look back on today as a watershed moment:
"This is the first time an in…
>>>>it really makes no difference how much money you've accumulated to fund retirement, the key is how much annual income this accumulated money can generate.
I also use "sleeves", and attribute this to a series of comments by Skeet some time ago. The only portion of my portfolio to leverage this mental accounting technique is indeed for income.
The reason for this is fairly straightforward....it really…
Bruce's legacy will largely be decided on the outcome of the debate swirling around Fannie and Freddie. I still have money in FAIRX, as I believe the government needs to release both from conservatorship. If that happens, BB is in the catbird seat.
This is a rather sad turn of events...similar to when my favorite neighborhood hardware store in Cleveland Heights closed due to the proximity to a local big orange store.
I am reminded of a quote by a famous Republican, 'deficits don't matter'. That statement was ridiculous and offensive. Obama once made a campaign promise to cut the deficit in half. He knew it was a lie at the time, but it sure did sound good.
…
Had a burger and shake at the shack in Madison Sq Park in NYC. Very good, but not too much to promote after that.
But very much unlike the gut bombs Ted is touting. If I wanted something not so healthy with Ohio roots, I would definitely stick with…
Whakamole....here is a thread from a year ago which may help to address your question. I had bookmarked this at the time, as I had a similar question as yours. It's interesting to take a look at the recommendations, and the performance of the funds.…
I think the next few weeks may serve to reinforce the need for diversification in a portfolio. Seems like Mr. Market is looking for a good reason to execute the long overdue meaningful correction.
In an IRA, RPMGX hit the dollar value for a haircut, so O and WPC were the landing places for these funds...yes, a bit richly valued but they fit nicely in the long term income sleeve.
In the taxable account, on the next trading day I will be elimi…
That's an interesting discussion...if you agree with the conclusions, that puts SFGIX in the spotlight given their Brazilian exposure, plus a higher % of assets allocated to India than any of the Matthews funds managed by Kevin Lowe.
I've been a fan of DGI (dividend growth investing) for about 5 years now. Frankly, I wish I had found this strategy 10 years earlier. My dad did this for decades, but who listens to their dad. This sleeve of my portfolio has been the most consistent…
Ted...I don't recall there being such a variance in YTD performance of "top" funds in any main stream equity category.
The divergence of YTD performance is fascinating.
Picked up OXY today. Then, rotated out of APA to double-down on OXY.
But the whole sector continues to head south.
Charles....I've been looking at RDS.A or CVX to add to the income sleeve, but this sure looks like the knives are still falling.
