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.
Hi @MikeM,
Many of my funds that I own have been held for a good number of years. Back in the 70's when I started to expand my portfolio there were few no load funds to invest in. Most funds were broker sold. Today things are a little different …
@LLJB,
Thank you for your questions.
I guess I have to accept Puddenhead's recent comment and move on.
Now, on to your questions.
1) I track my individual postions very easily as each fund is assigned a sleeve and each sleeve is set up in Morni…
Hi @MikeM,
I took away form the blurb much the same as you. With this, I'm thinking that is why DCA (Dollar Cost Averaging) works as one winds up being somewhere in the middle with some bought at a lower cost while other buys were at the higher en…
Hi everybody,
Old_Skeet plans, in time, to respond to all questions. But, first and before I do, I feel it only fair for our thread's host to bring his portfolio forward and also act on the assignment (sort of) I asked of him. If this is meant to…
Hello,
In viewing the mutual fund list it is reflected that ACSTX (Invesco Comstock A) is the #1 fund and up 113.04%. Actually, this is an error as ACSTX is up 12.98% and trailing the S&P 500 Index. After seeing this error I went no further i…
@Puddnhead,
Boy, your asking a lot ... Be happy with a list of funds that I currently own for you to study and follow: ABALX, AGTHX, AMCPX, AMECX, ANCFX, ANWPX, APIUX, AZNAX, BAICX, CAIBX, CAPAX, CTFAX, CWGIX, DDIAX, DEQAX, DIFAX, EADIX, FBLAX, FDS…
This one is for Duke.
I have been pretty open with my portfolio in the past and from time to time have listed my fund positions along with a blurb about my portfolio. Since, my portfolio is a complex one and this is for beginners ... I'll explain …
Hello,
After some thought, Old_Skeet has decided it best to keep posting the barometer updates under the Buy-Sell-and-Ponder thread rather than reopening the Markets as More thread. The big reason in me doing this is that I wanted to move away fro…
I'm thinking that sometime in the future Roth withdrawals will be taxed once contribution principal has been removed. So, if you invested 100k in the form of contributions in your Roth, through the years, the first 100k taken will not be taxed; but…
Hi @johnN,
The powers that be on the board have asked all posters to write a short blurb about the subject matter they are linking. I have noticed that you have recently just been posting links the past couple of months. So, why are you not doing…
@guilhermes
As far as I know ... American Funds' Fundamental Investor (ANCFX) is open for new money purchase. I have not seen any communication that would indicate that the fund was closed.
Hi @Ted, MSOPX is indeed a nice concentrated fund consisting of about 30 stocks. I've got global growth covered with a sleeve of three funds consisting of ANWPX, SMCWX and THOAX. All of these are long term positions with two of them having a sizea…
I have, what I consider to be, a great fund SVAAX (Federated Strategic Value) that uses both dividend yield and dividend growth strategies plus it pays a monthly distribution with a current yield of about 3.2%. I have owned this fund for better tha…
Hello,
Today is the last Friday of the month and a monthly close for Old_Skeet. The previous week there was no report on the barometer but the week closed with a reading of 132 and every feed indicated that the S&P 500 Index was overbought. T…
Hello,
Although my above comment was brief ... I've done a little more kicking of the tires on the fund.
For me, I like this fund because it actively engages the market with a turnover ratio of 318%. In addition, it seems even with the fast tradi…
Hi @hank,
Yep, yield has gotten thin these days as I remember the 10 yr at about ten years ago, or so, around 5%. And, I was knocking better than a five percent yield out of my five step CD ladder with maturities from 1 to 5 years. And, I also re…
@PBKCM, Parker
Thanks for the links
Dang nice fund. From review of the fact sheet I like the fund in that it can hold almost anything and has a wide brush when it comes to assets held along with strategies. Seems, Morningstar likes it as well gi…
Inorder to direct meaningful questions I wonder what type of fund the subject PM manages?
Perhaps, he can tell us a little about the fund; and, post a link to it's fact sheet.
I would not want to direct a bond fund question towards an equity manag…
For me cash is cash ... and, there are few subsitutes for it. I also consider CD's as a form of cash and pehaps some short term treasuries as well. In a low interest rate environment I have barbelled an equal amount of cash on one side and growth …
Hello,
I took all the sites out that were bookmarked and not working. And, reloaded them. Everything is now working so I'll be keeping the tablet a while longer. This is indeed strange.
My tablet that runs on Android has some links that work and others that don't; however, my cell phone that runs on the Android system has all sites still working ... even the sites that the table can not currently access the cell phone can. And, on…
Hello,
Thanks @Ted for your comment.
In addition, StockCharts.com can't be reached this morning eithier!
Seems, this might be more than a glitch at M*.
Hi @bee,
In enjoyed reading your plan to position your portfolio. One of the things that I did not pick up on in my reading of your plan was how much you plan (percent wise) to have allocated to each area? Perhaps, you plan for even distribution…
Howdy folks,
So the forward earnings game is still own. Folks, the earning numbers that the press reports are top line estimates. The real number (from my perspective) is "as reported" or TTM and this is what companies actually take to the bottom…
Hello,
I was wanting to make Old_Skeet's market barometer a monthly comment feature on the board; however, I am finding, thus far, some things of weekly interest to make comment on. This past week saw the S&P 500 Index advance about +0.1% and …
Hi @Catch22,
Thanks for making comment and suggestion. I can access the link but it seems that the folks at the WSJ have reconfigured the data page where it is useless for me in its current configuration. I have tried the link on several computer…
Hello,
There are a lot of spins investors can pull form the Sell In May strategy.
I have found, as a retail investor, that the strategy does not work every year; but, for me, it has worked more times than not. In addition, I have found it to be a…
Hello,
Another good week in the markets with the S&P 500 Index up about 1.2%.
With stocks being richly priced as measured by Old_Skeet's market barometer the S&P 500 Index (SPY) is in the middle of overvalued territory with a reading of …
Hi @PRESSmUP,
Thanks for sharing your RMD strategy.
I have not been selling anything within mine and my wife's ira accounts but have been accruing all mutual fund distributions to cash. By year end 2017 I will be close to having the 2018 RMDs ful…
Hi @bee,
By my thinking and from a review of its Morningstar's fund report ... You can handle this pretty much as you wish within your own portfolio. However, it is void bonds and usually allocation funds hold stocks, bonds, cash and at times some…
Hi @Tony,
Thanks for the tip. It's much appreciated.
I'm not a trader but I still have the $2.00 bill that Ed Seykota sent me years back when I joined the tribe. "If I miss a set-up I await the next." Perhaps, it is time for me to revisit my sp…
