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.
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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
As I have a bucketful of FNMA, I certainly hope the twins are set free, but I really fail to see how a Trump win equals a greater likelihood of this happening. The TBTF banks want what the twins have in the lucrative mortgage business....and both pa…
Lots of REITs are 20% off their highs. Yes, they may take a further dip with a possible rate increase, but the numbers are compelling. I added to WPC who had a recent beat on earnings, and it's paying a comfortable 6.5% dividend.
Thanks Scott...wh…
slick....I think baseball, at least at this point in time, still resonates with folks who grew up following teams largely on the radio before there was wall to wall TV coverage.
Growing up in northeast Ohio, I grew up a Tribe fan with earliest memo…
Sorry rforno.....I did not intend to infer that you purchased this due to the name. I also purchased a fund (SCHD) due to the similar underlying characteristics.
Hi VF...I also had a position in SCMFX, a 25% foothold which I then sold in June after a 12 month holding period....it just didn't feel right, though that's a rather nebulous reason to be sure.
Funds are going into VETAX, which appears to be solid,…
It's been almost 15 years since Rudy's book came out. I've not read it, but it received wide acclaim.
Unfortunately, it appears that he's not the same man as he once was.
I remember something which at the time seemed odd, but became more meaningful as time went on. The media described it as a series of building alarms nearby, or perhaps car alarms. In reality, what everyone heard was the sound of hundreds of the PASS…
Sven....what's been your overall assessment of this shift in your taxable portfolio?
I ask because I'm thinking about a similar approach. In my first year of retirement, I'm considering the distributions as the next year's paycheck from this accou…
The 5% pullback may only be the time to nibble.
Having a list of items you want to pursue is obviously called for, along with the requisite cash. Given the lack of meaningful correction for quite some time, I would be cautious at the 5% mark. We r…
Hi davidrmoran
The "space" I was referring to is the small/mid value category. In my 401K, I enjoyed dedicated funds within each of these areas and was looking to replicate this in my IRA. Your suggestions are worthy as well.
VF.....I also dipped the toes into SCMFX almost exactly one year ago, but sold out in 2Q of this year. I've had all sorts of problems finding a fund in this space that I had a high degree of confidence in. My current target is VETAX...Or PMDAX as al…
Ted...I'm seeing some skittishness on many of the classic dividend payers which have been bid up. The next few weeks will be interesting, and we may see a 5-10% dip from their recent highs.
Hi Alex,
Wanting it to "grow some" means different things to different people. If that means 3%, a short term bond fund could fit the bill. If you're looking for more, then equities enter the picture.
Given the current market, your parameters, an…
Off topic somewhat....I've been considering buying nieces and nephews coins as a gift, American Eagle or Canadian Maple Leaf. Somewhat for investment purposes, but mostly because it's really interesting.
Is this a crazy uncle idea?
The original article states that the recovery should be bigger/faster correlating to the size of the original recession, and uses comments by Kenneth Rogoff to support this thesis.
I found it curious that the author did not use an earlier study by …
I agree with the article, and with the comments by Lewis.
My current pet peeve is regarding the lack of movement on needed infrastructure updating. Spending on these clearly needed items would not only remedy the crumbling infrastructure, but would…
@Charles and Press - with FNMA at just 6-7% of the fund holdings how big of an impact are you expecting/anticipating from even a positive decision? Also didn't the fund have quite a larger percentage of assets in this holding at the start of this di…
@Charles, it's getting lonely in the pumpkin patch. Can you say anything to cheer me up about my own long-term holding in FAAFX?
It's anticipated that the FNMA questions may come to a head by end of August....fingers crossed on this.
One of the well known talking heads on CNBC today indicated that this recent run-up would send a signal to initiate a flood of money into stocks which had been on the sideline....
RUT ROH!!
I wonder what types of annual returns the folks piling into such funds are anticipating? Or, what might be more appropriate, what is their objective on taking that action?
This entire topic gives me a headache.
Frankly, I believe Medicare should be offered as an option to purchase at 60 or 62, just like any other healthcare insurance plan.
How many folks in their early 60's are hanging around in their jobs simply to…
As I haven't begun taking Social Security, I was unaware of the scope of this issue.
It seems to me that a reduction in the SS tax would provide a huge benefit to the middle class as the author noted, but those added disposable dollars would most l…
Ted...this strategy is going to continue to work, until it doesn't. Divi's are going to cash for me as just about everything seems fully or over-valued. If I had any sense, I'd take profits at these levels, but nobody has ever accused me of that.
I guess in the spirit of full disclosure I am having a bad, a really, really bad year. After a bang up 2014 and 2015, this year I am up 5.58%.
Perhaps I'm missing something, but with a well allocated portfolio including stocks, bonds and cash, a…
Hey Ted....just wanted to let you know...I think the aggregated links on Brexit impact that you've directed to this site have been really interesting and good food for thought.
thanks
I've been sitting on a large cash position all year. I'm not convinced that the market is in a better position now versus last Thursday before Great Britain decided to shoot themselves in the foot...unless I've missed something.
davidrmoran....what you described is what I had been hearing as well, at least until the trade negotiations are completed, which could be several years.
British business will not be in an expansive mood and will this will stunt whatever momentum ha…
Utilities and REITs have served as excellent and much appreciated ballast, but the past few days have only increased valuations in areas already bubbling YTD.
This cannot continue....I would think, absent a downstream consolidation.
I fear we will not know the full impact of the Brexit decision for many years, and that this impact may be much more that stock market fluctuations.
Putin has been consolidating power recently, and a less united Europe plays into his hands. This is…
Nice call by Gundlach. And earlier this month Soros was getting smacked around in the media for selling stocks, buying puts and putting the proceeds into gold.
