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This week (Monday) am selling: CEMDX, EACOX, FEDDX. All out of International. Made some pocket change and happy for that. Why? Dollar high, interest rates higher for longer, US slowing.....so will the world. I read a piece a while back how world markets move together now more than ever. Also saw this quote: "Inflation -- the price we pay for those government benefits we thought were free." How true.
Sold pretty much across the board, as everything is up today. Cash / cash equivalents now above 10% for 1st time in over a year. (10% = nominal weighting)
@Puddnhead : Just wondering if you sold on Monday ? Looking to take RMD as a CD matured & have the cash to get it done. How is your best friend doing ? Later, Derf
Just spectated today. Lotsa fun. I'm still buying. I like my stable of ponies, currently. Finally out of the red with BHB!!! I knew it would come. A couple hours from now, I'll check up on the funds. Even the junk bonds ought to have done well.
Just spectated today. Lotsa fun. I'm still buying. I like my stable of ponies, currently. Finally out of the red with BHB!!! I knew it would come. A couple hours from now, I'll check up on the funds. Even the junk bonds ought to have done well.
...Now... Watch for Wednesday's snap-back.
I hadn’t heard spectate(ed) before. But according to Miriam-Webster it is a verb. I agree today was spectacular in that almost everything jumped - bonds included. And I’d expect some follow through tomorrow. But I don’t invest based on predictions. Tis the season for a Santa Claus rally. Maybe. Just maybe.
Just spectated today. Lotsa fun. I'm still buying. I like my stable of ponies, currently. Finally out of the red with BHB!!! I knew it would come. A couple hours from now, I'll check up on the funds. Even the junk bonds ought to have done well.
...Now... Watch for Wednesday's snap-back.
I hadn’t heard spectate(ed) before. But according to Miriam-Webster it is a verb. I agree today was spectacular in that almost everything jumped - bonds included. And I’d expect some follow through tomorrow. But I don’t invest based on predictions. Tis the season for a Santa Claus rally. Maybe. Just maybe.
Did some sizing in the IRA today. Sold PRBLX. It has drifted too much into growth and volatility for me. Not sure where the proceeds will go. May get split between balanced funds and IYK. I also hold DODGX and VDIGX, but I'm not feeling the urge to pay the fee to buy more of either. My only other "large cap" is DSEEX, which seems sui generis to me. Not feeling the need to buy more of that either.
Sold PSCC. With as much small cap as I have, I don't think I need a specialized small cap in the IRA. Proceeds will go into IYK. I would like to get IYK up to the same % as FSUTIX and GLIFX.
Bought a chunk of VRIG with proceeds from a CD that matured. Woo hoo. Pretty exciting bond purchase for me.
More sales to come if the rally lasts a little longer. Outside of a large cap, or bond fund, my goal is to consolidate.
Did some sizing in the IRA today. Sold PRBLX. It has drifted too much into growth and volatility for me. Not sure where the proceeds will go..
Good call on PRBLX - I got out last year b/c of that same reason. Your timing is good for tax planning since they do their annual payouts earlier than most in late November, too!
I don't argue against commentate anymore, as it denotes activity in context more specific than comment. As soon as we expanded commenter to commentator ....
Should I sell 25% of portfolio and place in corp bonds (6.5-7% annual returns??) -4% from ath Scare rug pull another 30% haircuts like from July 20th 2022 until Oct 22 2023
But Seasonality may show we have another potential +4 +6% upswings til new yr
Did some sizing in the IRA today. Sold PRBLX. It has drifted too much into growth and volatility for me. Not sure where the proceeds will go..
Good call on PRBLX - I got out last year b/c of that same reason. Your timing is good for tax planning since they do their annual payouts earlier than most in late November, too!
It was a steady Eddy for a long time, right there with VDIGX.
I added to existing positions in RQI and PTA as the outlook for rates becomes a bit clearer and the near term future for REITs and preferred holdings are looking much better. Also initiated 2 new buys, SCHG and SPGP.
@WABAC, I am not quite following your thinking regarding your sale of PRBLX. As relates to a 500 index fund, PRBLX has 34% in the M* LCG style box compared to 40% for a VFINX. PRBLX also has a slightly lower beta and SD. Are you also saying that a 500 index fund has become too growthy and volatile for you?
@WABAC, I am not quite following your thinking regarding your sale of PRBLX. As relates to a 500 index fund, PRBLX has 34% in the M* LCG style box compared to 40% for a VFINX. PRBLX also has a slightly lower beta and SD. Are you also saying that a 500 index fund has become too growthy and volatile for you?
I wouldn't ban PRBLX from my taxable account, which I hope to leave to the kids. But right now it's just another fund over-weight in tech and financials with an 82 cent ER. And I think they have drifted away from:
The investment seeks to achieve both capital appreciation and current income. The fund's objective is to achieve both capital appreciation and current income
That's M*'s description. The dividend is now about half the 500 last time I checked. Maybe PBRLX has updated the prospectus.
A little later today I will be putting the proceeds from that sale into DGRW. It's about the lowest volatility fund (SD and Beta) I could find that stands a chance of outperforming PRWCX. It also stands up well to VDIGX. But I'll probably do one more screen with MFO premium.
Sold my 3 stocks yesterday. Too damned much volatility for this OF. Dumped the money into Franklin’s new conservative / moderate risk multi-asset ETF - INCM. .38% ER. Untested. But the 3 person team running it has had pretty good success operating FKIQX for several years.
Ya, that source is suspect with many of us here. But since lately, somehow--- I've been able to get in and read the articles--- I've been paying attention. I always look at several sources of information before making a decision, or adding a prospect to my list.
Sold INCM after 3 days & bought back the same 3 stocks I sold Thursday in similar amounts. A real “doughnut” here. A “wash” - or possibly a few bucks ahead. No explain. No complain.
Comments
Likely adding MPLX at some point and/or throwing some extra $$ into my already-large EPD position.
This week (Monday) am selling: CEMDX, EACOX, FEDDX. All out of International. Made some pocket change and happy for that. Why? Dollar high, interest rates higher for longer, US slowing.....so will the world. I read a piece a while back how world markets move together now more than ever. Also saw this quote: "Inflation -- the price we pay for those government benefits we thought were free." How true.
God bless
the Pudd
How is your best friend doing ?
Later, Derf
...Now... Watch for Wednesday's snap-back.
Sold PSCC. With as much small cap as I have, I don't think I need a specialized small cap in the IRA. Proceeds will go into IYK. I would like to get IYK up to the same % as FSUTIX and GLIFX.
Bought a chunk of VRIG with proceeds from a CD that matured. Woo hoo. Pretty exciting bond purchase for me.
More sales to come if the rally lasts a little longer. Outside of a large cap, or bond fund, my goal is to consolidate.
Should I sell 25% of portfolio and place in corp bonds (6.5-7% annual returns??)
-4% from ath
Scare rug pull another 30% haircuts like from July 20th 2022 until Oct 22 2023
But Seasonality may show we have another potential +4 +6% upswings til new yr
Ty for any suggestions
I wouldn't ban PRBLX from my taxable account, which I hope to leave to the kids. But right now it's just another fund over-weight in tech and financials with an 82 cent ER. And I think they have drifted away from: That's M*'s description. The dividend is now about half the 500 last time I checked. Maybe PBRLX has updated the prospectus.
A little later today I will be putting the proceeds from that sale into DGRW. It's about the lowest volatility fund (SD and Beta) I could find that stands a chance of outperforming PRWCX. It also stands up well to VDIGX. But I'll probably do one more screen with MFO premium.
https://seekingalpha.com/article/4652518-ardmore-shipping-stock-q3-earnings-continue-to-add-my-value-portfolio?utm_source=stck.pro&utm_medium=referral
Ya, that source is suspect with many of us here. But since lately, somehow--- I've been able to get in and read the articles--- I've been paying attention. I always look at several sources of information before making a decision, or adding a prospect to my list.