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tnx
I have read it, on occasion, perhaps thanks to your tipoff prior (?), and found it a little arcane for my presidential attention span :)
There ya go - just take a phrase out of context, so it's 180 degrees from reality, throw in an insult or tw…
if you look at that delta historically, though, this separation overall remains a bit much.
True, and worth watching, but Pimco's CEFs can/have stayed in premium range for long periods because they're always among the best in the business - some of…
@davidmoran, I take it you mean the price today, the 30th? Strong possibility it was just buyers helping it catch up with the premium narrowing of the 29th, when the NAV was up 1% and price flat. None of the other Pim MS CEF NAVs were up nearly that…
Back to the OP's thread subject: FWIW, Yahoo has fixed some of the most egregious problems with the new site. It's still clunkier than the old version, but the historical price data - the reason I go there - is back up and running more or less okay.…
From the WaPo's Daily 202 roundup:
"Don Ritchie, the historian emeritus of the Senate, said that the chamber has not taken such a partisan, closed-door approach to major legislation since in the years before World War I. A century ago, Senate Demo…
The "compromise" argument is inoperable in this case. Both the House and Senate bills were drafted in secret, no hearings, no proposed amendments allowed -- not to mention that in this case, a "compromise" would mean eliminating the health care safe…
to expand the discussion:
http://www.newyorker.com/magazine/2017/06/26/the-race-to-solar-power-africa
Great piece. Remember BP's international solar division? Skipping the centralized fossil fuel era was the idea, and they did some work in that dir…
Right, @OldJoe, thanks for the clear explanation. Hope I didn't leave the impression that there's more than one feed between the utility and house - the beauty of AC ...
@davidmoran: No elec coming from roof to main, effectively, right?
In the system here, at least, the way the master elec who tied the line from the roof into the main explained it, yes, elec from the roof goes into the main and then goes either int…
@Ted>> How much does it cost you to maintain the panels, and how often do they need to be cleaned ?
Zero and never are the answers.
Well, I've had a completely different experience, David. I spent $18.95 or some such on a long-handled broom/…
Here's an article on Lazard's latest "LCOE" (levelized cost of energy) analysis, with a link to the full report. Summary quote:
Lazard’s annual LCOE study, released last week, is widely read in the power sector. The latest edition shows continued …
Have you looked at RAANX? It has a lot of cell towers, data centers,......it's not your typical RE fund, I don't think.
Right, unusual holdings - sort of r/e and infrastructure - and it's long-short. Worth a close look, imho. Thanks for pointing i…
Why is POGRX easier to add to at Fidelity? I don't see it being NTF.
It's $50 when first purchasing, but then the fee is reduced to $5 on each additional purchase. Hopefully that has not changed...
To do a single additional investment to an exist…
Another lens is to look at them as far as credit and rate sensitivity go (and what you think might happen to those categories of reward:risk over your holding period). They're pretty different on those metrics.
OSTIX is almost entirely credit sens…
I follow only one fund on your list, PARWX, and while it's been a great fund over the years, to me it's not a fund for a down market, if you have any caution on that score. I agree with what LLJB said above about that.
You might look at JENSX, whi…
The falling inflation figures out this a.m. are apparently one of the main reasons for the big drop in Treasury yields today. Muni CEFs are catching a bid, multi-sectors not so much.
According to a source quoted by CNBC this morning, the Fed fund …
EM debt's had a good run, and the yields and spread don't really inspire a lot of optimism for the near future. I'd be at least a little cautious jumping in with new $ right now.
Just fyi, those who own PIMIX/PONDX already have ~ 15% in EM, overwe…
At least Andy drove the price down a bit by selling some of his high yield munis recently.
Happy to be some help on that score, Hank. I'm guessing the cash will go into CEFs, maybe mostly munis if they cooperate, when there's a selloff of some degr…
Sold a chunk of HY muni last week to raise cash for possible opp'ties created by selling pressure around the Fed meeting. Have been standing pretty much pat for a while.
P.S. Just fyi for anyone who thinks they need a shorter duration FI option to …
I did see BISAX at Fidelity but with a 5.75% load unless I'm reading it incorrectly. I will certainly take a look at PRIDX. Thank you.
Right - unfortunately, BISAX isn't NTF/LW at Fido, like so many other A shares are.
Do you have any suggestions on an EM fund that has solid returns and metrics. I'm not looking for the highest returning fund and I certainly do not want to "performance chase".
You might keep an eye on the new Laura Geritz (ex-Wasatch) fund Rondur…
I watched maybe half of one of her programs once, and the impression it left was she doesn't know squat about investing, but for people who are up against it with debt, going through some kind of finance-related trauma, just trying to get along fina…
Definitely paring down the optional stuff except for good whiskey. Jameson 18 years is not on the chopping block.
Jameson 18 might need to be in consumer staples.
I followed it for a while starting ~ 3y ago, and it's apparently always been a Chindia-plus-other-Asia fund. I thought of it as a good fund, but wasn't as thrilled as I might have been about the downside. Haven't followed it lately, so I can't say t…
Dunno about Goldilocks, but if normally less correlated assets move together in one direction, there's nothing stopping them from moving together in the other direction.
Those of my demographic that I know (outdoorsy Westerners & Nor'westers at/near retirement age) are seriously paring down the optional stuff; we're certainly not helping the consumer economy get even more over the top than it already is.
If they trade just like stocks, hoping commission free trades every month count toward CEFs. Then its like purchasing NTF, with no early redemption penalty :-)
They do. Those free trades you get for moving $ around are worth a pile of dough.
Not …
Trading is just like stocks & ETFs; broker's commissions the same.
Be aware many taxables are pretty extended, with 1y returns up in the +30s - won't go on forever.
Coincidentally, out of curiosity, earlier this a.m. I checked the 1y and 3y Sharpes (standard calculation of reward/risk) of the S&P 500 (VFINX) vs. PIMIX as of yesterday, per Google Finance. 1y: PIMIX 6.85, VFINX 2.62. 3y: PIMIX 2.20, VFINX 0.9…
This was a repeat, not a new interview. I think there must be a rule somewhere in the PBS manual's fine print that says "no new programming during a pledge-a-thon." Which to me makes zero sense if you want people to actually watch during a pledge dr…
I enjoy driving my 1996 Toyota 4 Runner...
Still driving my '87 Toy pickup, but no longer as a long distance vehicle. If I could buy the same truck new today, I'd be set for life. (30th anniversary falls on Halloween.)
You mentioned PTIAX. I'll keep it concise: you get a mildly rate sensitive holding, with some protection against an equity downturn, with 5%+ yield. I've not run across anything else like it, though the strategy isn't at all complicated or genius-le…
Per msf's post in the other thread on the program, I think what he heard was the weakest comment in the whole program. The interviewee was fumbling trying to explain.
I wasn't shilling for these particular guys, but pointing out that no matter who …
Good interview, as almost always is the case, basically about corporates, munis, and the above-par pricing of so many FI products these days.
Consuelo is so good -- picking a variety of topics and guests, making an interview into a conversation, g…
Andy, wouldn't you like to have lunch with her and CapeCod?
Ha! I think I'd prefer to be a fly on the wall - any closer, I could get buried by the fur flying ...
Lets look at the one comment she made on fixed income investments:
A Goldman analysis of 10-year government bonds around the world shows ...
... that AJC knows very little about the breadth and depth of the fixed income market, if the only reference…
Hi Ben, I've got an equity-light portfolio that's slightly overweight Asia vs. the MSCI ACWI, with MAVRX and MEASX as most of the Asia punch; MEASX is really loaded with consumer names, which makes the overall Asia component pretty consumer heavy.
…
