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.
Thanks Scott, and agree very overbought. I've been surprised by the price action in MSFT and how AAPL doesn't give you many chances to enter on down days. MHG as in Marine Harvest? Know nothing about it fundamentally. Chart wise, a bit too chop…
Hank ... and, others:
I just don't keep losers. There are too many good funds that one can invest in to keep underperforming funds. After all, how long would you keep a sales rep that continued to under perform and not meet sales goals? Years ag…
Old_Skeet, as I mentioned, been venturing into tech, albeit only about 15% spread among AAPL, MSFT, and SWKS with a speculative play in IG. Feel I could be late to the party and don't want to hurt my 2014 returns. Stocks are not my forte. AAPL i…
I see consolidation in most bond funds. The past 4 weeks have found a pattern that I will call "flat". This is a real condition and although I have used and enjoy Khan Academy for various topics; I don't need the site to modify what I see in reality…
>>>Even when looking at individual funds here (HSGFX, MFLDX, CVSIX, etc.) the prospectus usually gives the manager so much discretion per holdings and strategy that they are very difficult to understand, and their direction can change on a …
When a fund has a high "initial minmum" is an investor required to maintain that minmum forever? I have often wonder if an investor could meet the initial minimum and than after the "minimum holding period" lower their balance to a more appropriate…
Catch, really a great post. Hope everyone reads it. One thing that stuck out is how almost 100% of our moms were stay at home mothers. My how times have changed!
The innocent years changed around late 63 when Kennedy was assassinated and/or the B…
Maybe just a tad off the topic of this thread but pumped from a killer hike among arches and rock shelters in the middle of nowhere... I'm 67 and no way would I ever want to be young again. My generation had that great bull market of the 80s and…
Total Return % YTD 1-Year 3-Year 5-Year
GDX (Price) -18.55 -29.98 -34.03 -17.5
I must be missing something here. Maybe my negativity is a sign to buy. But I was always taught not to try and catch falling knives if y…
Real hard to argue on that one.
And remember how a few years back on this forum and Fund Alarm all we heard about (and on an almost daily basis) was PRPFX. A few here said it was the best buy and hold fund in the universe. Fast forward to the pres…
Off over $20 today to around $1147. That puts it only $300 above its 1970-80s peak of $850 reached in January, 1980. A white-knuckles ride for sure.
Well, since we are going back in time, how about the absolute worst investment since your time fram…
I began putting some money in tech this past week. From a contrarian point of view, maybe a sell signal. Sure can't find much wrong with the performance of the fund mentioned in Ted's link - PRGTX.
Again, very enlightening thread. I am not wealthy nor am I even rich. I'm just fortunate to be debt/mortgage free and live in one of the lowest cost of living areas in the entire U.S. I am sure there are some here whose investable assets, aka nest…
In Seattle, I live on exclusively on SS. And I get a big fat $22 increase next year! Yeah!
This is an interesting thread. Not to pry, but I assume since you are on this forum you also have an investing or trading account? And are you one of the …
Well, if you pay 18k a year in property taxes (not uncommon on the coasts, not talking mansions either), if you want to do any traveling, if you pay for longterm-care insurance, and/or a host of other ifs, it's easy to need more than 50k. Naive or n…
There are places on the coast where $50k is not much. It all depends on your lifestyle. Seattle and San Fran are expensive.
Maybe when you are forced to take more, consider traveling @Junkster. Enjoy your harvest. You've earned it.
JC, I agree $5…
I never can understand these type of articles. I am single, debt/mortgage free and with Social Security. I pretty much do as I please when it comes to spending money. But no way do I need to withdraw $50,000. Some are in better shape than me in t…
Frank, you can ignore the warnings from Scottrade. Seriously, I have had *well* over 1000 in my years there. My branch manager says he can't imagine anyone with more at Scottrade. But Scottrade will never shut you down or limit you. The warning…
Junkster" I'm wondering how many investors can say they're at a 65 % cash level. That's what I like about this forum. Different strokes for different folks !
Derf
Derf, I am not an…
I am feeling more and more secure about the 10 year not closing at 2.00% before 3% and thus saving me an expenditure (bet) of $250 And as for as closing at 1%, not in my lifetime. Still I hope I am wrong as I am often wont to be. That was a *cli…
Nice post catch. And not just since January 1999 but junk bonds have beaten (barely) the S&P since junk's infamous bottom in mid December 2008. All in all, junk bonds have been the place to be this century. The allure of junk bonds has always…
>>>>>I think a lot of this lengthy discussion stems from Scott's "What are you buying ... selling ... pondering" threads. While I find the comments in those threads interesting, I've never seen them as meant to give actionable advice.…
Other than Carl Icahn who is bearish and betting against junk corporates, I have never in my investing/trading lifetime seen so much bullishness regarding the junk bond market. I can fully understand this bullishness. Still, it makes me very wary …
I am surprised that using Gartman as a contrarian indicator seems to keep working. At some point, there must be a reversion to the mean! :-)
I actually like frequent CNBC contributor Dennis Gartman less than I do Cramer.
Gartman's two calls for s…
You have done well in SNTIX and VWALX as well as PZA as you posted you held them back in August. Congrats on that. The lag I refer to is more in reference to days where there is some major negative or positive news event which impacts the markets …
Mike, our posts just about crossed. I was going to say if anyone thinks the selloff in equities is overdone, then the selloff in junk corporates is even more overdone. I lucked out (maybe) on that 10% because the ETF junk munis are really taking …
Thanks Charles. Not sure I ever took a profit in a rising market like this before. And it's been bugging me all day that I went against my protocol. I'm not much for the technicals, but the 14 RSI was over 90 in this sector and that was before t…
Futures aren't down much (at least so far) but are trading at a large discount to cash S&P and fair value. So ( I was out most of day) I assume there was a large selloff in the last 15 minutes of the day session after cash closed. Clear as mud …
I rarely read these type of threads. I'm about as middle of the road as they come (albeit about as radical an environmentalist as they come and probably because of all the time I spend in the great outdoors) For instance I dislike the current Democr…
I rarely read the talking heads because (and you learn this after almost 50 years in the game) they know absolutely nothing more than me, you, or the man in the moon. They just understand the art of articulation combined with a little bit of knowle…
I e-mailed heezsafe yesterday in fact, albeit had no idea it could be as soon as today. I said if he sent me his address I would send him a check right away. If that doesn't suit him I can send the check to David and he can forward it. As some of …
Thanks Old_Skeet for posting your moves and not after the fact. What you are doing is fine for an investor and over time will turn out profitable for you as it always has in the past. As a trader though, the first rule I learned as a teenager afte…
>>>It's been difficult lately, to take the long-term view. But that's my frame of reference. I've got the world covered, leaving out Latin America, deliberately..... I hate to see the numbers, the last several days. Maybe I should just go f…
Dex, I am praying I have to pay that $250 at 2%. But at 1% I don't believe either of us will be happy (with you know what) I mean 1% could mean some serious economic problems worse than 2008 and you saw what you know what did in 2008.
With MJG trading/investing is all science and no art. Most likely because he comes from an engineering background. I can't fault him for that. But for others though it's almost all art. Back in the days, it was a whole bevy of sentiment indica…
What about the case where you dollar cost average into a fund monthly long term. Are there any rules for when one should stop?
paule, you are an investor not a trader. Absolutely nothing wrong with what you are doing, especially if it is an index…
