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.
Hi BenWP,
Good move! Me, not so good. I just wonder who is driving the bus in this fund. Why would you have so much Italy and Spain----it's insane. With Dragi soon leaving the ECB and a German coming in, things I think will get worse in Europe, …
Hi Catch,
Yeah, I thank them for the flight to quality.....which gave me a chance to take some profits. This fund is not what it was and what it is now, I want less of.
God bless
the Pudd
p.s. David Moran has a good post.....a granular look at PIM…
Hi guys,
Sold FLPSX this week. Taking some profits and raising cash. Hoping for some weakness later in the year to buy. I have been checking what Japan means to China and China to Japan since I have a large amount of $$ there. I thought that the…
Hi Catch,
Yeah, just a thought.....if the North is poor, who's going to step in to help them? I'm sure we and China will some. But for South Korea (I think how this will be done) .... is with factories and jobs. Many companies will step in becaus…
Hi Crash,
Yes, if I remember you also have this fund. I have two (2) other funds in this space: FJSCX and FTIPX. Both of them I like better. Also I will throw in FMIJX ..... that also has some holding over there. So it's more just the odd man o…
Hi guys!
I sold some PARWX this week. It holds an overweight of healthcare and lots of tech. It had a good week.....sold 25% .....will do more on strength will wait for weakness to buy. Also sold MAPIX taking profit in that will not buy it back a…
Hi BenWP,
Thanks for the kick back! Yes, just another lesson learned. Will try to do better in the future.
Hi Skeeter!
Good post.....as usual. FISCX ..... I must look this up now that I've see it twice. It's getting hard to earn a buck in this …
Hi guys,
I was looking to sell some GLFOX today when I noticed that some of the companies in the top 10 of the fund have not traded in days or weeks. 7 of the top 10 trade on the OTC pick sheets, so my question is: where else do they trade? How d…
Hi davidmoran,
Roger that, 007!
As a lad with brother and sisters, I remember '68 Detroit burned. People were shot that year. As an old man, that scares me greatly. When empires end, they over extend and pay for it dearly. And to that end will t…
Hi VintageFreak,
Yeah, I can see why you ask. Taking profits, also I have FUSVX which I'm going to use. DESNX is more volatile than the S&P Fund....also higher ER. Also, I'm a fund collector so some need to go! I'm cutting my footprint in th…
Hi guys!
Added a little to FTIPX and MAPIX on Friday. Also opened a small position in THOPX. I seem to be in a fund collecting mode again.....damn it. Looking over the portfolio.....some good things: BTBFX, PARMX, WAMVX did well I thought. Many…
Hi guys,
Just to catch up on some trades from last week and this one, so far. No special order.....added to FLPSX, FMIJX .... they have cash in their portfolio, so I added some to them. FTIPX, FUSVX, also FJSCX, UMBMX ..... added to them as well. …
Hi Slick,
I looked up IHI. Looks very good. I put it on a watch.....pricey right now. Had a good year last year.....thanks. Like you, I am also overweight health right now.....I'm at 19%, so not by much. I'm playing FSHCX short term. It's down…
Hi Crash,
Dump it! I use DISSX its an index and it beats this fund. Also, MAPOX is expensive on P/E and book in its space. If, and I say if I were going to invest in US, FLPSX would be it.....good P/E, book and it has cash. With 40% overseas, …
Hi guys!
Last week, in The Economist, they had a piece on India.....the great lie of the middle class in India. It's not China of 20 years ago. E-commerce in India in 2017 was about that in China for a week. US companies can't make any money ther…
Hi guys.
The index I'm looking at right now is the S&P 500. Mids and smalls are not the market movers right now. Best bang for the buck is big caps. Also, look overseas if they fall with us. Japan is my favorite......has been for a while. R…
Hi psuche98,
I have PARMX -- it's more conservative. It's one you can count on. Also, FLPSX -- you should get a kick from overseas. Then, my favorite, UMBMX -- it's a runner at times. Just what I have, bro.
God bless
the Pudd
p.s. At Fidelity, …
Hi guys,
I bought WAMUX on January 2nd. It's the first small cap fund I've owned in about a year. Also bought some Japan again ..... as long as they have QE, I'll keep buying.
God bless
the Pudd
Hi David V,
First, where's the money at? Savings account? IRA? 401? What are the expenses per month? How safe does this have to be? Does the family help him at all? At 62 or 65, does he get SS or something else? Many questions.....before I wo…
Hi guys!
Have been kicking around some funds for 2018. Between FLPSX or LCEAX. What do you think? I've owned both before. They both have cash....I like that a lot right now. LCEAX lags which could be good for 2018. Also, anybody own MAPIX? I'…
Hi guys!
I have a few ponderings...
I see that imports for the LA ports are at record highs for 5 months straight. Is it Christmas? Or jobs, maybe? Weather related? I wonder what they're importing.....fridges, washers, dryers, microwaves, toaste…
Hi MikeM,
Have owned ICMBX. Did Eric run this....I forget. Also ownedGTLOX....a casualty of downsizing. Also have FMIJX.
These guys.....if they ever stop being bears, I will know we are in the heart of a recession or depression. Also own PONDX. …
Hi Hank,
Yeah, I posted Dukester 3 last week. Got some looks, but that was all. I will bump it to the top of the stack again just to see. I also really liked the postings. It shows how other people think about things and that the way you do thin…
Hi MikeM,
Yeah, the email......I can't find it right now. I deleted it and it's not in the trash. The gist of it was this: with rates rising slowly and measured, this should not be a problem for a while in the real estate space. And if you look …
Hi guys!
Some additions I have made:
Added to FUSVX. I believe we're going higher.
Also, added to PARMX for the January effect. Both are sellable.....may not stay in them.
Also, added to PARWX. It has a cheap PE and book compared to others in the…
Hi Art!
So, help me out here 'cause I'm challenged. IBEW is what? International Brotherhood of Electrical Workers, I'm assuming. As for the exes, women tend to get everything anyway....they tend to outlive us.....lol. Your portfolio seems to hav…
Bee,
Great post! I don't know if you get the magazine, The Economist, but the November 4th issue has a great article on finance and economics....about household debt with some rather stunning facts I find fascinating.
Thanks for the questions, guy…
Hi Skeeter!
Thanks for the x-ray. The 40% stocks will rise as money is added. As for the PE of 19.1.....no, I'm surprised it's so high. I have been buying things with low PE which is why overseas has grown so quickly. It is something I look at w…
Hi guys!
I would like to post Dukester's Corner II on Saturday morning. I will post my portfolio then and would like if some of you (four (4) portfolios, to be more to the point) would also post yours. We'll post, ponder, and inquire all week long…
Hi guys!
Must thank Mrs. Pudd for the last post. Hoping to get another way of saying what I meant. I thought she might do better.
Skeeter: Every time I come to this thread I swear your portfolio gets bigger. But it shows me how organized thing…
@jafink63: Please know that I meant no offense to yourself or to anyone else with a propensity to invest. Truly, I'm not qualified to pass judgment on any choices or motivations nor is that my intention. My leading thought was that perhaps more e…
Hi guys!
Good post, MikeM. This is what I'm looking for.....teaching moments.....how we can all get better. This is also why I want only board regulars to post portfolios. This is not a thread for those quietly watching at home to post their port…
Hi Jafink63,
I want to thank you for your service. We know some who are in now....i.e., military. How long will you both be working? I would think maybe you should have someone look and run numbers so you know where you stand. I'm guessing TRP i…
