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.
@MFS and @Old_Joe: Thanks for making comment.
I'm very thankful that my grandparents and parents had the wisdom to become investors many years ago. They we just average working and farming families who decided to put some back from their wages …
@slick: Thank you for making comment on my question. TWEIX sure is a fine fund and at one time I was thinking of paying the A share load and putting TWEAX into my portfolio. However, with the other choices available to me at nav or reduced sales c…
Hi @slick: Interesting that you're invested in UBVSX as this fund, if I remember correctly, was one of the positions that was presented in an advisor advised package of funds for my consideration. Anyway, I did not cut any money off to this firm b…
Hi @JoJo26: Now that I steped forward and responded to your question(s) ... How about you steping forward and detiling your expenses associated with your portfolio and positions held along with telling us how you invest. I'll make this an open end…
@Soupkitchen: Regarding your portfolio retirement distribution question. I take all my fund distributions in cash and let them settle in the cash area of my portfolio. When I need a distribution I take it form this pool of money with the excess b…
Hi guys: Thank you for your comments and your expression of concern.
However, please know that I am an accredited investor and my account(s) have been with my current broker for better than twenty five years. In my taxable mutual fund account I …
Hi @Investor: In joining with the others ... Welcome back. Boy, time sure does go by quickly because it does not seem it has been that long (2013). Again, welcome back.
Keep reading ... on down and through ... to you come to the part on ETF Wrap.
Breaking Down Wrap Fee
Wrap fees are generally set up to be a percentage of the assets under management and can cover both retirement and non-retirement assets. The wrap …
Hi guys ... My last comment on this subject is below.
Below is by definition what a wrap fee is. It comes from investopedia and is linked below for easy access.
https://www.investopedia.com/terms/w/wrap-fee.asp
On the topic of discount purchase…
Hi @Old_Joe: I was wondering about the same thing ... Just how much of the stuff @johnN posts does has he actually read?
With this, I hope he keeps posting because I do, at times, find some reading value in them. With this one not so much so.
And…
Off-and-on I have held some of the mutual series of funds. Recently, I repurchased TEQIX because I was looking for a deep value fund with a global allocation perspective. Year-to-date it is the best performing fund within its sleeve with a total r…
Thanks guys for your comments. I enjoyed reading your perspectives on emerging markets. For me, I consider them an asset class thus I hold a small representation in them. And ... sometimes it is just good to read others thinking. Thanks again fo…
Hi @Ken: I see that you are a relative new poster on the board. With this, I say welcome.
In review of the funds you have listed I am finding that only one has better than the 3% yield goal that you seek for your portfolio. This fund is VWIAX wh…
@JoJo26, Did you read the prospectus? I wrote nothing about buying back of nav. I wrote ... "The fund's prospectus will explain in more detail how to buy at discounts." Again ... Did you read the prospectus? If you did then you'd know how to bu…
Hi @Derf: I have no plans to link an article that requires subscription (period).
Like you I am tired of hitting pay walls in a good number of linked articles posted on the board for reading.
My two emerging market funds are NEWFX and DWGAX. Combined, they account for a little better than 5% of the equity area of my portfolio. Plus, I have some other funds that provide emerging market exposure which amounts to a couple of percent. Wit…
Hi @BrianW: Thanks for making comment.
There are two school of thoughts on this. Now that we are at (or towards) a market top ... Well, I'm thinking ... In holding a capital appreciation fund there is no dividend or income generation that can be …
Why 529? Custodial account gives more flexibility! Here's my thinking. Once grand child becomes old enough to work summer and part time jobs move money (to what has been earned) from custodial account to Roth Ira. In this way, it will grow tax f…
@shipwreckedandalone: The below link just might be what your looking for about the pros, cons and benefits of an equally weighted index fund along with the performance details you seek. The reason I favor an equally weighted S&P 500 Index fund …
@davidmoran: If I buy ETF's I have to hold them in a wrap fee based account. For now, I'm staying away from wrap fee accounts plus I can buy at discount in a good number of mutual fund families, Invesco being one of them. The fund's prospectus wil…
Because the S&P 500 Index is a cap weighted index Old_Skeet uses an equally weighted S&P 500 Index fund (VADAX) for equity ballast, when warranted, and also for a special investment (spiff) position when desired. The fund rebalances quarter…
I started my grand daughter investing at age 1 month. I told my son the quicker you get her a ss# the quicker I'll open a custodial account for her. He had her ss card within three weeks of birth.
Today she owns four funds. They are AMECX, ANCFX…
@Ted: Thanks for posting the featured spot on Ms. Gaffney. I have always enjoyed hearing her perspectives. At one time I held her fund (EVBAX) along with (NEFZX) now run by her former boss, Dan Fuss, at Loomis Sayles. I let her fund (EVBAX) go an…
@johnN: FWIW ... I have not bailed from the markets nor have I jumped largely to cash.
Old_Skeet has raised some cash ... but, I have not bailed. I'm still with my "all weather" asset allocation of 20% cash, 40% income and 40% equity. Now being i…
Within equities Old_Skeet holds about 9% in energy while the S&P 500 Index holds about 5%. One of the reasons for my overweight in the sector is because a good number of the energy related companies are fairly good dividend payers. Plus, energ…
For investors that are in the accumulation phase of investing and have a good number of years before they move into the distribution phase of investing I think the dollar cost average strategy works well. For me, being in the distribution phase of …
Because of DSENX's good performance I decided to do a study of the fund.
Here is what I found.
After study of it's fact sheet, if I were to own DSENX I would classify it as a hybrid fund since about half of it is invested in fixed income and the o…
Hi @Ted: Thanks for posting the "Dogs of the Dow" strategy. Interestingly, Old_Skeet has a mutual fund that incorporates this strategy within about a third of it's holdings. The fund is FDSAX. I have provided a link below to the fund's site for t…
@Junkster: Thanks for commenting on the high yield market. And, also, please know I'll be keeping your hiking buddy in my thoughts (and prayers). I hope the energy of prayer of not only myself but the others on the board that are of the praying ty…
Hi @johnN. I most always enjoy reading Dr. Madell's perspectives. Perhaps in the future he will post some basic model portfolios as guidelines. I'd also like to see what he comes up with for those retired looking for income and how he would go ab…
@hank: You make an excellent point because the only thing necessary to be considered a hybrid fund is to hold two, or more. forms of assets (stocks, bonds, etc.). Below is a link that will explain hybrid funds in more detail.
https://www.investope…
@MikeM: Following your most recent comment seeking a comparison of funds held. Since, I own a good number of hybrid type funds their number is to great to compare one to the other or even discuss in this forum. I leave their study to those that m…
Hi @MikeM: Thank your for your question.
First, let's define adaptive. Per definition adaptive is having the ability to change to suit different conditions.
Second, let's define hybrid fund. Hybrid funds offer investors a diversified portfolio.…
