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.
@TSP_Transfer & MFO Members: According to CXO Advisory, Grantham has a batting forecast average of 44.2%, which is below average for the many guru's they track.
Regards,
Ted
Jeremy Grantham: Train Wreck Spotter:
http://www.cxoadvisory.com/3200/…
@catch22: Understanding Your 4883C Letter: I suggest you call them at the number supplied in the link
Regards,
Ted
https://www.irs.gov/Individuals/Employees/Understanding-Your-4883C-Letter
@andalf: I'm well aware of FTR problems, but given it's yield, the reason I bought it, I'm willing to take a chance and have several stops in place. Appreciate your imput.
Regards,
Ted
@Old_Joe FYI: I intend to keep it for income now that I'm not longer much interested in capital appreciation phase of investing.
Regards,
Ted
S&P
https://markets.morganstanleyclientserv.com/MSOnline/InternalApi/GetPdfDocument?dockey=1949-35906A…
@MFO Members: If I'm not mistaken Fidelity has a manager by the name of Tillinghast that's done fairly well in the mid-cap fund arena. Despite its large size, Fidelity Low-Priced Stock continues to thrive and retains its Morningstar Analyst Rating…
@MFO Members: Reestablishing a position in FTR. Inproved earnings and outlook for remainder of 2016 and 2017 plus nice 7.5% dividend for income , in the Linkster's opinion warrant a buy.
Regards,
Ted
ep1: In addition to David's suggestions here are U.S. News's Rankings of small and mid cap value funds.
Regards,
Ted
Small Cap Value:
http://money.usnews.com/funds/mutual-funds/rankings/small-value
Mid-Cap Value Funds:
http://money.usnews.com/fund…
@msf: Very familiar with the Marianas Islands. I was stationed for eighteen months 1955-1957 at the Naval Communication Station Agana Guam.
Regards,
Ted
Map Marianas Islands:
http://www.infoplease.com/atlas/state/northernmarianaislands.html
@BobC: First congratulations on becomming part of David's MFO team. I have always considered you a huge asset both here at MFO and in the old days at FundAlarm. I bought PFF back in March of 09 @19.07, needless to say one of my better investment…
mcmarasco: "If there any any other investment vehicles worth considering, please let me know!! Yes, PFF 5.5% yield month-in-month-out, year after year, with little downside risk.
Regards,
Ted
@Maurice; All of this was covered in the Yahoo's streaming video of Berkshire Hathaway's Annual Shareholders meeting last Sat. You must have missed it.
Regards,
Ted
https://finance.yahoo.com/brklivestream/
@mcmarasco: First there are no dumb questions on the MFO Board. The yield is a bonus to the capital appreciation. Here is some more high income food for thought.
Regards,
Ted
http://www.marketwatch.com/story/yield-to-these-23-dividend-stocks-if-y…
@mcmarasco: If yield is a high priority with you, might I suggest individual stocks rather than equity mutual funds. The average so called dividend growth fund, or equity-income fund offer about half of what a quality stock dividend can yield. Tw…
@rabockma: From the atricle I linked !
"Shareholders with already existing A-class funds at Schwab can leave them there or even transfer such shares into a Schwab account, the brokerage told IBD. Account holders can also still sell and receive divi…
@ Charles & MFO Members: IBD Slant
“There definitely has been, over the past 15 or so years, a big move away from load shares,” said Scott Cooley, director of policy research for Morningstar Inc. “Fifteen years ago, load funds were more than 40…
@MFO Members: It appears that since I linked the Swedroe article on the 22nd, ETF.Com has gone to subscription of articles after a couple days for free.
Regards,
Ted
