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.
@newgirl,
Below is a link that will take you to information on Sun America Dividend Strategy.
https://www-1012.aig.com/Products/MutualFunds/JU68/JU68_FundDetails_Overview.aspx
This will be the overview summary. On the right side of the summary p…
@newgirl,
I own the A shares of AIG Focused Dividend Strategy (FDSAX) while you have another share class of the same fund with symbol FDSWX. Of late this fund has started to come on pretty strong with it's rolling one week return being listed by M…
Hi @Starchild, Indeed PONAX is a great fund and thus far this year it too is feeling the effects of rising interest rate headwinds as its total return ytd is -0.30% according to Morningstar. The fixed income investing climate is just plain tough o…
Hi @Derf: Yes, I noticed that too. Seems, the markets are being news driven of late. Look at Tesla and how it moved upward with the news that it may go private. News! News!! and more News!!!. Heck, and this company is yet to turn a profit.
I'm …
Hi @Starchild, for what its worth ...
I have owned NPSAX, off & on, through the years. Currently, I do not own this fund as its total return (nav expansion) can not cover its distributions this results in a negative total return year-to-date. …
I had two that made the list of twelve. They are AGTHX & AMCPX ... and, a third fund that was not listed (due to a high expense ratio) that betters both of the above and that is SPECX. These three funds make up my large/mid cap sleeve found in…
The reduction in public traded companies which the article centers around is the main reason Old_Skeet owns a private equity mutual fund (LPEFX). Plus it sports a nice yield. Linked below is Morningstar's portfolio report on its holdings. Interes…
Hi @Ted,
I share your feelings on the social and political issue postings and I was close to leaving myself; but, I decided to stay since these type postings have diminished of late. Should you decide to leave know that I have appreciated your man…
Hey @Ted, another good read. Please keep them coming. Some may complain about the number of post you put up ... but, not me. I'm thinking they reach a lot of people with a good number making no comment.
Hey @Ted, Thanks for posting the article. Seems, Old_Skeet has been thinking much the same as I started my cash build back in June/July with my mutual fund distributions; and, I'll let my fund manages position their respective funds. It's interes…
Hi @Mark, I have to say my above example was borderline. But ... Just as Duke Energy "lied" to the North Carolina Utility Commission in their merger with Progress Energy and just hours after the merger they fired the new CEO who was Bill Johnson &…
Hello all,
I want to thank all that made comment in this thread. Again, if you came to it lookin for a scientific answer ... well, you are probally still looking.
I'm going to share a recent happening within my own portfolio that took place ove…
My floating rate fund (GIFAX) makes up about 15% of my income sleeve, has a yield of about 4%, and is the year-to-date total return leader within its sleeve of six funds which also consist of BAICX, CTFAX, LBNDX, NEFZX & TSIAX Interestingly, ye…
Hi guys, thanks for making comment. I can see that your answers center around the science found in investing; but, what about the element of art? Does it not factor in as well? My positioning has as much that centers around science as it does art…
Hi @LLJB, Thanks so much for making comment. When I first read this article I thought to myself something is missing; but, after reading it again and thinking about it I came to the conclusion it was complete. And, I'll explain.
Based upon your …
@BenWP,
Q: "Surely you jest in modesty?" A: Perhaps so ... Perhaps not.
I was thinking this post would draw a fire storm of comments. Anyway, the post is what it is and that is a call by a major brokerage house that much alines itself with that …
Hello, Being an active retail investor I tabulate my portfolio's value on most market days. In this way I get a feel for what's moving and what's not. In addition, I update my market barometer weekly as I use it as an aid to help determine the be…
@hank, @crash and others,
Thanks to you both for making comment on my question. "Is investing a learned art or a science? My perspective is that it is a combination of both becoming a skill. The below link will expand this concept in more detail…
Old_Skeet's Market Barometer July 2018 Report
I close out each month on the last Friday with the exception being my year end close which is done on the last market day of December. This month's close came on Friday July 27th.
I'll open this mon…
Seems ... Facebook is now learning the true cost to fix its woes. Facebook is something that I have stayed away from as a user. However, I have a good number of mutual funds that did (or currently) hold it. Something every investor should know (a…
Since, the stock market now sits towards all time highs perhaps some other retail investors that went through the Great Recession will comment on how they tranversed it. I am sure there were more ways than just one to do this with good success. A …
@BrianW,
Thanks for your question as to how I transversed the market swoon during the "Great Recession."
Without going into great detail; but, explaing what I did and why. My parents passed in 2004 so I got step ups on the assets I received from …
What has worked well for me and my family as I managed my parents investments while they were in retirement and that was to take no more than one half of what the portfolio's five year total return averaged. Naturally, you have to start with ample …
It is not only old guys in Florida that wonder this; but, elsewhere as well. Cash is part of my asset allocation which consist of a CD Ladder, Money Market Funds and good old hard currency "Cash".
Within my portfolio my cash investment sleeve cons…
johnN, where is your blurb for this link? Please remember to write a short blurb about any link you are posting for members to read. Since there was no blurb I did not access the link.
>>>>>>>>>>>>>>>&…
Hi @Old_Joe and others,
I find rono's message ok but the language and the presentation leave much to be desired. I'm thinking that the subject post is not one that should be allowed to stand due to the very strong language used. In addition, I fe…
@willmatt72 and others ...
Thanks for making comment under "Gentle reminder." I'm a little disgusted myself with this especially when one poster says he hopes that those that disagree with him that Trump is a trader ... Well, just read his below c…
@larryB,
Not much has changed since my last barometer report. It is linked below in case you missed the post.
https://www.mutualfundobserver.com/discuss/discussion/42056/old-skeet-s-market-barometer-report-june-recap#latest
BEWARE ...
For me to own these "low cost" etf's that Cramer speaks of I will need to hold these type of investments in a wrap fee based account. The fee on wrap accounts that I have looked at charge about about 1% (and up) plus there are the fees …
A question I received from a reader asks why I was light 5% in income and heavy 5% in growth from my neutral positions?
The short answer is to position some money into the faster moving market currents while keeping within my asset allocation range…
Now being in retirement I run an All Weather Asset Allocation with my Cash Area having a range of 10% to 20% currently at 15% ... my Income Area having a range of 30% to 40% currently more towards 30% ... my Growth & Income Area having a range o…
Thank you for your questions.
Before I get to the questions I felt some may want to know the barometer reading as we close out the first week of July. It came in at 155 which includes the reset of the earnings feed as some of the other feeds chang…
@Sven & @Old_Joe,
Cash is indeed part of Old_Skeet's asset allocation. Within my portfolio I have two sleeves of cash. One is for investment cash consisting of a CD Ladder and a couple of money market mutal funds. The other sleeve is for dem…
First of all let me thank Lewis for writing the article since I was able to read it through Ted's posting a link to it.
I compared the junk bond fund LBNDX that I currently own against the author's choice of DSIAX. At times, LBNDX edges out DSIAX …
