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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
@Baseball_Fan ...you might want to take a listen to Josh Brown on today's CNBCs Halftime Report via podcast or other means. He did the best job I've recently heard describing the difference between NVDA and the dot.com bunch. And there IS a signific…
..the firm's AUM has grown tremendously over the past few years.
The AUM for GQC funds is actually fairly modest. What skews the average is the GS fund (GSIHX) sub-advised by GQC. Interestingly, there is not a pure GQC fund which mirrors the intent …
"EM firms have funneled the dough into the hands of corrupt officials, founding families, and antidemocratic governments."
Sounding more and more American as time goes on...count me in. I've been invested in Rajiv Jain's GSIHX since September 2018 …
Anyone considering EMs needs to study the Callan Chart (below), and unless they are the amongst the world's best market timers, think again, and Just Say No!
Click on the 2023 PDF Chart at
https://www.callan.com/periodic-table/
In another thread…
I own VHCOX and POAGX...holding tight as well. Thanks for the link.
Yes, those are two of my longest term holdings as well. Primecap was actually the first fund I ever owned dating back to the mid-80's, as my first job was with a company headquarter…
The 3 (9.96%), 5 (15.79%), and 10 year (14.5%) performance records of SPGP somewhat speak for themselves. The portfolio certainly seems odd, and certainly out of synch with the "Magnificent 7, but I guess that's the point.
https://www.kitces.com/wp-content/uploads/2014/11/Kitces-Report-March-2012-20-Years-Of-Safe-Withdrawal-Rate-Research.pdf
I remember that too, @PRESSmUP. Is this the link-report you are referring to?
Thanks @MikeM ...yes, I believe that article was…
@yogibearbull ...indeed. That approach won't work forever. Several studies have concluded that taking only RMDs would leave a boatload of money when we're less likely to enjoy it...which is why I began taking IRA distributions when I was 59.5.
@be…
Certainly can be done, and I'm a fan of doing precisely that. There's a wide variety of items (stocks, CEFs, OEFs, LPs, BDCs, REITs) that throw off distributions, both debt and equity. I have 35% of my portfolio with items targeted purely for growth…
@PRESSmUP,
Thanks, I do have GQGPX on my list.
GQG Partners' rapid growth and high key-man risk (Rajiv Jain) are concerns.
What are your thoughts regarding these issues?
$15B for an EM fund is a bit heavy, but the holdings are not small companies, …
Your portfolio of international holdings is far greater than mine. I scaled back a few years ago, when the US repeatedly outperformed. Now, with only a 10% allocation I realize I'm a bit under-capitalized in that area. I've found it harder to slice …
It concerns me that the US government relies on Musk's technology for its national defense in the form of SpaceX and Starlink. Musk displayed his questionable allegiances when he ordered his Starlink satellite communications network to be turned off…
Moved all money from money market assets in the IRA, and into a preferred CEF. I'm searching for capital appreciation along with increased distributions.
When you mention a GARP ETF, are you referring to SPGP as was mentioned earlier?
If yes, then I’m familiar with the fund. It combines elements of growth investing (earnings and revenue growth) and value investing (modest financial leverage, return…
in addition to bonds, a big rally surrounding pretty much all interest rate sensitive areas...preferreds, REITs, financials, infrastructure. What a month!
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.
@Sven ...re your question about Parametric. They are an asset management firm, once independent, then purchased by Eaton Vance, so now a part of Morgan Stanley. Generally, they specialize in crafting portfolios focused on either direct indexing or d…
@Sven , yes...actively managed funds should continue to outperform I think. I would love to have Parametric design a compact yet diversified bond ladder for me, but with Schwab that includes a pair of fees which might be cumbersome.
Pundits sugges…
@yogibearbull ...no doubt you've seen this article:
"It’s Time to Stop Crying About Bonds and Buy Them Instead"
https://www.barrons.com/articles/should-you-buy-bonds-now-3f5c6efa?mod=djem_b_preview_20231027
If the chatter regarding Powell reaching the end of his hiking cycle is accurate, then moving into bonds makes a lot of sense over the next few months. There's going to be big money made in long term treasuries when the tide turns.
52% of my portfolio are individual stocks, currently 14 companies. I generally subscribe to a target of about 3.5-4% or so, but it depends on what's happening within the business. As an example, I see no reason to trim Broadcom, which is about 5%. S…
There appears to be several active dividend focused ETF managers introducing international offerings using the same approach as used domestically. Besides VDIGX as noted above, there’s SCHY..the Schwab international partner of the popular domestic S…
Notable, sure ---- but how long did he have to hold the position to see that gain? IIRC that's been a dog stock for well over a decade and I suspect he's been underwater for most of it as their largest shareholder.
Given the fact that it's now almo…
Added to ATT preferred C shares for l/t qualified income on this week's swoon over the lead cables story. (I trust it more than the common.)
Also srsly considering adding to my moderate sized position in VZ on the recent swoon, too.
I'm seriously u…
I would suggest paying off the one account with the highest interest rate, as Lewis alluded to. It's always good to acquire a habit of paying off debt. Given the extreme runup over the past few months, I might put the balance in either RSP or QQQE..…
Over the past 2 weeks I made several moves, all surrounding financials. As @Yogibearbull noted in a review of recent Barron's commentary, preferred shares may offer near term opportunities.
Specifically, they indicated, "You can get a bit more yie…
No secret sauce other than being hurt initially by the banking scare, and then recovering. The risk may not be totally behind us, but the opportunities outweigh the risks, even now after this run.
