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.
@davidrmoran: From my perspective and based upon the meaning of the word treason this letter was a form of treason. It is written by an annomous spineless person who motives are to harm our government. The NY Times, also from my perspective, is ai…
I find the release of this letter interesting now that we are approaching midterm elections. No doubt, it seems, this letter has political roots and motivies that goes beyond what was stated and could be considered an act of treason, by some.
Not knowing what type of global fund you seek or how much you plan to invest below is a list of funds with a global perspective that I own. I have listed them by sleeve and by the area where the sleeve is held within my portfolio. A good number of…
Themes that were positive in Old_Skeet's portfolio today with the S&P 500 Index being down -0.28% along with most global markets. My two dividend strategy funds were up (SVAAX +0.87%) & (FDSAX +0,49%), my infrastructure fund (PGUAX +0.34%),…
By the author not stating what the fees and commissions are for the respective type of account noted within the article ... How is one to know if one is better than the other? As a reader I'm still left in flux. When I looked into this the account…
Well, they did not ask me. I feel they need to give attention to their systems as I constantly have access sign in issues along with their fair market graph (from time-to-time) having corrections made. Plus, some other stuff as well. What I do fa…
Old_Skeet owns five of the twenty eight funds that made the list. They are CWGIX, AMECX, CABIX, ANWPX & ABALX. All have been held for a good number of years.
As the threads host, I want everyone to feel welcome in this thread. To me, all post are important.
In reading through the above comments I'm finding some discussion about recent buys that were not working as thought they would. And, they were pos…
Thank you for posting an update on Chip. Your family remains in my thoughts and prayers as well by many others. Wishing continued progress and a speedy recovery.
For the month of August Old_Skeet's market barometer closed the month with a reading of 143 indicating that the S&P 500 Index is overvalued based upon the metrics of the barometer. For the month the barometer opened with a reading of 149 (fair …
So sorry to learn of Chip's medical issues. Please know she will be in the thoughts and prayers of many of us believers within the MFO family. Wishing her a most speedy recovery.
Hi @bee, My portfolio is comprised through many years of investing and there are guidelines in place but no hard rules. For instance, the two largest fund holdings are also my oldest at about six percent each (FKINX & AMECX). I decided ... en…
Hi @bee, I open my position in AOFAX in the spring of this year by doing a nav exchange from some of my SPECX into it as SPECX had grown to a sizeable position within its sleeve and portfolio. This was done commission free. Currently, AOFAX is sti…
I'm thinking like some others that have expressed their thoughts that a good balanced fund over time will do just as well if not better than advertised bear market funds. I charted American Funds ABALX against a couple of them using BEARX & PSS…
Hi @ DavidV, I also own AOFAX and according to Morningstar has it's ytd at 40.51% and rolling 1 year at 55.21%. I'm thinking there are probally some other funds that got missed as well.
Old_Skeet owns three of the funds mentioned in the article. These three funds comprise my large/mid cap sleeve found in the growth area of my portfolio. They are AMCPX, AGTHX & SPECX. These have been long term positions for me and needless to…
I'll step forward, again, and restart the thread as we open September. Some may remember this thread was started by Scott who left the board three years ago, or so; and, I kept it going with his blessing. In the meantime the below link will take …
The floor is open on this subject for sure. Is it the quarterly reporting or CEO's positioning the company to meet or beat quarterly expectations while some disregard the longer term focus? Some will say manage well quarterly and the year end and …
Hello,
This is such a great thread ... It would be nice if someone would start hosting it again. I did it for a couple of years and felt ... Well, it was time to pass it on to another ... Wonder what happened to @pudnhead?
It looks as @Crash star…
Old_Skeet currently been building cash in one of my money market funds (GBAXX) with all my mutual fund distributions. Another Morningstar quirk as at the time of this post I checked to see if I could pull GBAXX's fund report at Morningstar ... You …
Hi @johnN: Currently, I'm building cash as my mutual funds make distribution. My next CD ladder buy does not take place until December. From my perspective stocks are for the most part fully valued along with bonds as well. I need a good pull ba…
Hi @Crash: Yep, for me I'm finding their site is hard to navigate an still broke. When I go to sign in I get a message that I have been redirected to many times and to clear my cookies. With this, I exit then again access my portfolio without havi…
@hank: Within the S&P 500 Index I'm thinking the following sectors are undervalued. They are consumer cyclical, financial services, consumer staples and communication services.
Within my own portfolio I have a few funds that are at least -10% …
@Derf: As far as I know the Moose has been around for a good number of years. I use to subscribe to his weekly newsletter; but, this year dropped my subscription since I am not as active as I use to be in making changes within my portfolio. As lon…
Sorry about the misfire. Here is the link to the Crossing Wall Street article on inflation being contained.
http://www.crossingwallstreet.com/archives/2018/08/inflation-still-contained-2.html
@hank: Currently, AOFAX is a relative small holding for me at this time. Usually, when I establish a new position it will stay under construction for a year possibly longer before it is built out. I plan to continue to buy on weakness plus I am an…
Hi @johnN: A good read as to why bonds need to be part of an investors asset allocation. Currently, bonds are about 25% of Old_Skeet's asset allocation. A few years ago I was at about 30% bonds but gradually reduced to add some convertibles, commo…
@slick: Looking back into the stack of post it was young in the May "Buy, Sell or Ponder" thread that brought light to AOFAX to the board. I have provided a link to the post as there is a good bit of discussion that takes place on the fund. Just s…
Hi @Crash: AOFAX is a relative new fund for me. I also own a sister fund SPECX which has performed well for me over the past ten years, or so, and it had grown to a sizeable position within the growth area of my portfolio. With this, I was looking…
Hi @oletimer63, (nice handle) and let me say welcome. I see this is your first post and you have made a few comments thus far since joining along with a good number of visits. I recently started posting a thread called Three Things of Investment …
Much like Tarwheel I use FRINX (a different share class of FRIFX) as my real estate position. However, M*'s Xray bubbles FRIFX as stocks 32%, bonds 38%, other 23% and cash at 7% while it bubbles FRESX as stocks 99% and cash 1%. So, I guess what ma…
Hi @newgirl,
I probably not the best on the board to walk you through how to start a due diligence process. I think most retail investors need the guidance of a financial advisor and you might do well to seek one out.
There are a lot of things th…
@msf,
For me, part of a due diligence review covers sustainability.
newgirl stated ... "Any advice you have in terms of "process" to make these decisions, would be very much appreciated. I am trying to learn, reviewing the positions on the MFO pr…
So you have read and studied the fact sheet along with understanding that it is a dividend strategy fund? It seeks to invest in the highest dividend companies and employees the Dogs of the Dow strategy for about one third of invested assets ... and…
