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 @Junkster
Knowing you dig through your prospective investment choices; and you are likely aware that some of RIMIX performance for the past year is due to a 26% holding in India. I suspect that the fund still holds this much and perhaps more. I …
Thanks Scott. RIMIX looks good, available at Scottrade and best of all has no short term redemption fees. I can't buy anything with a short term redemption fee. I will compare its volatility with HIEMX and go with the lower of the two. My junk m…
I am bearish on equities BUT except in one instance (the Y2K scare) my "opinion" of being bullish or bearish has never made me a plug nickel. I was dumb as dirt being bearish on bonds *all* last year but had my second best year ever primarily being…
The 15 year *total return* for the S&P (SPY ETF) is 4.03% so Charles' return looks pretty spot on. Some of the better junk corporate open end bond funds returned over 7% in that same time frame.
Hope you are right. That is where we differ. I don't believe in making decisions based on news stories. When everyone is on the same side of a trade or investment thesis you better run the other way. Of course there are still a horde of analysts…
Sounds to me like you guys are in violation of a whole passel of federal regs re on-line gambling and wagering. Unfortunately my conscience requires that I report all of this to the proper authorities. However, my conscience can be easily disabled i…
Dex, mailed my $250 my check to heezsafe the other day. If I have to pay you off will send it to you and you can do whatever with it. But we have a ways to go there. I'm 100% in junk munis too now and will try and stay with the trend and have some…
RMDs (I haven't started) but they are for "SPENDING" money hopefully not for normal living expenses, think of all those years of Saving/investing for WHAT?, more Saving and investing.....I don't think So....SPEND IT....
Couldn't agree more! For me l…
I realize I am a minority of one on this board when it comes to commodities. But I have never felt that an investor should ever have one plug nickel invested in commodities. You look at a 100 year chart of equities vs commodities and it simply mak…
@johnN
Can't do better than "ot" for a subject line. Work a little harder, please.
Catch
+1 never click on his links because unlike Ted, he never gives us a summary or heads up about the subject matter.
Merry Christmas and a happy and prosperous 2015. My female hiking companion has banned me from this board (with one exception*) I have my eyes on junk corporates for 2015 but the oil scenario may have to play out there. After today lowered my % i…
clacy, neither here nor there but I have never been a fan of commodities - trading or investing. I was a commodity broker back in the 70s and amazed at how so many now aren't all that much higher than back then. They can't hold a candle to stocks …
At least SJB tracks better than RYILX and AFBIX. I think this is something like the third time in the past 25 years Rydex (RYILX) has tried an inverse junk bond fund and all with terrible results. As for AFBIX the worst of the worst as an inverse …
http://blogs.barrons.com/incomeinvesting/2014/12/12/alaska-north-dakota-wyoming-munis-at-risk-from-falling-oil/?mod=BOL_hp_blog_ii
Something for the muni fans like Dex and I to think about. Puerto Rico is a junk muni while the others are investmen…
http://www.marketwatch.com/story/us-producer-prices-show-broad-based-declines-in-november-2014-12-12
Analysts said the weak inflation trend was likely to continue until next year.
Probably the same analysts and economists (ex Gundlach) who were al…
US 10 year at 2.11% the 52 week low is 1.91%
When will it hit 1%?
Germany, Spain, Italy, UK all lower then the US!
A close below 2% and I pay Heezsafe $250 or if he has disappeared, I simply contribute to David and the board. This will be less th…
This story has been around for a couple months now. But with all the press it is suddenly getting you would think it's new news. Junk corps open end funds topped in the late June/early July period and the Merrill Lynch High Yield Master II Index to…
Maurice, One of Dusty's (RIP) biggest hits was "Wishin and Hopin" That what investors do when they find themselves in a massively underperforming and/or losing fund. Then they use all sorts of rationalizations why they should hang tight.
Kevin, we are on the same page with funds like PQTIX and QLEIX. Just don't sit idly by if they turn into a Dusty Springfield fund like a MFLDX or an ARIVX. As for being caught by surprise, that is what trailing stops and having an exit strategy a…
0% Just more smoke and mirrors pandering to investors' fears of a 2008 redux.
http://www.ft.com/intl/cms/s/0/f508d770-3832-11e4-9fc2-00144feabdc0.html
http://www.bankrate.com/finance/investing/are-liquid-alternative-mutual-funds-worth-it.aspx
Dex, good for you. Hope it works out. The only thing that could derail things is an unexpected sharp rise in Treasuries. Junk corporates are hostage to oil prices and have been recently. Not sure if it will be reflected in today's shortened trad…
John, brave guy going after those bonds. They (the so-called experts) are saying the next shoe to drop will be junk corporates and primarily because of their exposure to oil and gas junk bonds. So who knows, running counter to the experts may work…
Wondering how I missed the rotation among the junk munis. The new stars there are ORNYX and PYMDX the later at YTD highs price wise. Still can't figure out what I am missing in AMAG and now since I own it and already increasing may find out the ha…
Shameless name dropping.... His even more famous wife grew up in my neighborhood and was a year older than me. I remember when she was the local TV weather girl. My how times have changed.
Edit: In a bit of a twist, the small town she was born…
Hold two stocks, no bonds and thinking about AMAG. Great chart, no insider selling since its big runup and are those estimates on Yahoo correct for 2015? From a loss in 2014 to 4.93 per share consensus with a huge increase in revenues. I assume i…
Howdy @Junkster
I love it ..... you noted: "deleting the last part because of being superstitious."
Nothing wrong with being a successful, superstitous investor, eh?
Take care,
Catch
I deleted before Scott posted but I guess Scott was working…
There was a Morgan Stanley report out yesterday saying investors are *massively* underestimating the Apple watch. AAPL is resilience personified. I am beginning to wonder if that will be the case until the watch is actually released around Valenti…
@Junkster: You don't understand, he's a legend in his own mind. FPPTX Is Ranked #60 In The (MCV) Fund Category By U.S. News & World Report.
Regards,
Ted
http://money.usnews.com/funds/mutual-funds/mid-cap-value/fpa-capital-fund/fpptx
And what a…
FISV (Fiserv Inc) seems to have a fairly tight (for a tech stock) rising 3 and 5 year chart. FIS Fidelity National Informton Systems) and JKHY (Jack Henry Associates) chart nicely as well.
Thanks bee, I then use a revenue and per share growth filt…
