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.
There is no secret sauce for rising interest rates except cash possibly just might be the short term ticket. When the bond herd begins to run watch out for the stampeed.
Hi @Bobpa,
Seems you have found your own answer to the question you raised in your most recent post with the funds you listed.
Good deal!
Going to continue with my plan as noted above.
Skeet
@Ted,
Thanks for the reminder. Much appreciated.
I have ample cash set aside for these rainy day blues.
I believe I can weather the storm. If it gets bad enough I might even do some buying.
Now would you rather bask in the sun? Or, set out …
Hi @Catch22,
The question that resonates with me ...
Is the "Trump Bump" going to turn into the "Trump Thump?" Or, pehaps worse into the "Trump Dump?"
I'm said to say, I hated to see Mrs. Yellen not get reappointed as the FOMC Chair; and, it als…
Hello,
Due to rising interest rates I've reduced my bond fund positions (from nine funds to six) within my income sleeve and I'm increasing my CD Ladder along with adding to my convertible securities fund plus a few other hybrid funds as well. I'm…
The above recap posted by Ted is for 02/25/2018 but is dated 02/25/2017. There is something amiss at the sight as this weeks market recap is dated 03/02/2017; but, I believe should be the one for 3/2/2018.
https://www.stocktrader.com/2018/03/05/we…
Hello,
This week Old_Skeet's market barometer finished the week with a reading of 151 putting the S&P 500 Index in the middle of fair value on the barometer's scale. In addition, I am finding that short interest has dropped from 1.4 days to co…
Knock ... Kncok ... Knock on wood.
So far everything is good for me with Morningstar Portfolio Manager, Fund Reports and Xray.
As most know, I make it known on the board when it is not.
And, I was recently thinking of restarting their premium s…
Hi @larryB,
I'm not the sensor .... and, not being sure which thread you are looking for you might check the bullpen. Often times threads get moved from discussion to the bullpen. I've gotten a few of my own sent there while they were active with…
Hi @bee,
I use VT in my global compass (world stocks) and for my bogey. The other equity etf proxies I use are AXJL (Asia ex Japan) ... EEM (emerging markets) ... EWJ (Japan) ... IEV (Europe) ... and VTI (domestic stocks). In addition, I also hav…
Hi @bee,
Actually, no I have not given much thought to buying stocks in the companies the fund holds. The turnover for the fund is listed at about 30%. So, in holding an average of 32 positions means they sell on average about ten positions per y…
Hi @Mark,
Actually my annual payout including dividends, interest and capital gains distributions has averaged since I have owned the fund 12.9% based upon my cost basis. My total return per share has an averaged annual return of 15.4%. In additi…
Hi @Mark,
Apparently you are not a yield seeker?
One of the things that attracted me to LPEFX is its ability to generate income along with some capital appreciation. With this, it is part of my well diverisfied income generating portfolio. Throu…
Hi again @Catch22,
I feel I have answered your question about how I do things as this is pretty much detailed in the above sleeve management system. I will say, I use a good number of sources to help me determine how I move money within the sleeve…
Hi again @Catch22 ...
I have posted a good number of times how I govern my portfolio through my sleeve management system. Here is an update as of 02/15/2018. This should answer your questions.
Sleeve Management System
Now being in…
Within my portfolio, I gain my private equity exposure through the mutual fund LPEFX.
http://www.morningstar.com/funds/XNAS/LPEFX/quote.html
Note: the close to 9% yield.
Hi @Catch22,
Thank you for your inquiry.
The lead hounds (pack) in the 500 Compass comes form the best performing rolling 90 day etf sector returns for the Index.
You should find answers to your question(s) by clicking on the below links. In the…
Hello,
This week Old_Skeet's market barometer closed the week (and month end being the last Friday of the month) with a reading of 147 putting the S&P 500 Index in the lower range of fair value on the barometer's scale.
Within Old_Skeet's 500 …
Hi Flack ... I'll play, although picking market direction short term can be a challenge.
Old_Skeet thinks the S&P 500 Index will be ... higher ... as of 2/22 close of 2704 with right to revise up until 2/28 contest close. Comment: If the FOMC…
Should we test the recent lows, in the near term, Old_Skeet will most likely do some buying. If not I am happy with my current positioning. I'm thinking by year end stocks will be higher. And, again if not, I can live with that too. Stocks have …
Hi @Maurice,
The way I follow stocks, bonds, etc. is through etfs. I set the etf tickers I wish to follow up in Morningstars Portfolio Manager. In portfolio manager there is a tracking option that can be set to update every 30 seconds, minute, et…
Old_Skeet use to own this fund. In reducing the amount and number of funds held in the growth area of my portfolio, a couple of years back, this is a fund that I let go in the reduction process. However, I did keep it's sister fund HWIAX (Capital …
Cash may be King for short periods of time; but, held for longer periods of time it will become trash as purchasing power deminishes (over time) due to inflation. Folks, my strategy has been a simple one. I (and my family) have invested in appreci…
The real estate fund that I own (FRINX) currently has a yield of 4.12%. Seems, real estate funds along with most utility funds have been hammered on late in this rising interest rate environment. If I were to add a utility fund for income it would…
Hello,
Last week Old_Skeet's market barometer finished the week with a reading of 159 putting it in the upper range of undervalued for the S&P 500 Index. This week it finished the week with a reading of 149 putting it in the middle of fair val…
I started to rebuild my CD ladder about a year ago. Currently, it has three steps starting at 6mo, 1yr and 18mos. Come the first part of April when I have one coming due I plan to add the fourth step and move maturity out to 2yrs. This will give …
Hi @Bobpa,
All three of the funds that I sold (FMTNX, LALDX & THIFX) had nav negative growth over the past 1, 3 & 5 year periods. In short, their yield was greater than their ability to produce same. I'm with @MikeM as I'm thinking CD's a…
Hello,
I sold three of my bond funds yesterday ... FMTNX ... LALDX ... and, THIFX. And, redeployed most of the capital into BAICX ... CTFAX ... and, PMAIX along with sending some to my cash sleeve for perhaps another spiff.
This leaves my income …
@zuky1,
100 funds?
Some may say that is way to many. From my perspective it might not be depending on the size of the estate. Take for instance if there is a limit on how much can be invested in any one fund. For instance a million in the marke…
Hi @MikeM, I've got real money on the spiffs. Direction is not hard to find. With this, the spiff money moves with each spiff change. Periodically, I'll take some to my pocket if I feel the position has grown to large. I'm currently keeping the …
Hello.
Today Old_Skeet's market barometer which follows the S&P 500 Index closed the day with a reading of 153 putting the Index in the upper range of fair vaue on the barometer's scale.
Within Old_Skeet's Global Compass with GSP (commodities)…
Hi @willmat72,
Now in retirement, I consider myself a low moderate risk taker. I use to be a more aggressive investor and carry a higher allocation to stocks (60% to 70%) now 40% to 55%. My emerging market holdings account for about 25% of my for…
Hello,
Well ... "Interesting Friday" is now yesterday. Thanks @hank for the "Annie" piece.
Going back to Thursday's barometer report with a reading of 161 indicating that the S&P 500 Index (which has been the higest reading since Trump was el…
Hello,
@Ted, thanks for posting. I'd probally missed the article if you had not found and posted it.
Interesting artile on PMAIX and one of Old_Skeet's holdings which I hold in my global hybrid sleeve (found in the growth & income area of my …
I have the S&P 500 Index now in retractment back to October and November 2017 weekly closings of Oct 27th 2581 ... November 3rd 2588 ... November 10th 2582 ... and, November 13th 2579. To get to 2450 range on the S&P 500 Index (a 15% declin…
I think that it is important to know that Old_Skeet is invested within his asset allocation and holding a good bit of cash. Interesting Friday is soon to arrive.
