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.
@Crash
For a fund with similar composition, I use EVT...it's now selling at discount, maintains 80-85% equity holdings, has a good track record plus a 7.15% distribution.
I'm not personally familiar with this CEF, but one word of possible caution...with an average daily volume of 12,497 shares, if you ever wanted to enter a position, or more importantly exit a position, you might find yourself waiting a bit.
In addition to the inhumanity brought about by Putin upon the Ukrainian people, if the Ukrainian farmers aren't able to get into their fields to plant, there will be an additional humanitarian crisis 6 months from now as the availability of wheat dr…
Perhaps if prices rise sufficiently, lease and permit holders in the US might be encouraged to actually drill.
"Historically, the United States has been a net importer of petroleum. During 2020, COVID-19 mitigation efforts caused a drop in oil dem…
As was described in a set of conversations on Bloomberg, Russia has tremendous oil reserves and supplies a great deal of petroleum volumes to the European community. This is well known. What Russia does NOT contain is sufficient technology and resou…
There are several CEFs which are listed as Great Owls, such as BST, BUI, ETO...etc. Patience is a virtue with CEF's, but when purchased at a discount they have the ability to generate a substantial amount of income, along with solid capital gains.
@Derf ...cash is indeed a good holding right now in my opinion. I sold 2 positions today, both leveraged preferred holdings. There may be some good bones to pick through in the near future.
A bit in the minority, but I thought the interview was very informative...you came away with an understanding of her investment philosophy...letting her "talk her book" so to speak. Mind you, I wouldn't buy her book, but there was appropriate questi…
To quote a recent Tweet regarding crypto after the rash of Super Bowl ads..."One reason I still have trouble believing crypto currency is money, is that there aren’t commercials for money".
When that Ponzi scheme crashes, it will be one for the age…
I bought a few things during the last week in January that are up nicely, but now? Perhaps I'm in the minority, but there's a guy with lots of troops positioned right on the Ukraine border, and he makes me very nervous. I've read that there's some i…
It seemed like a good day to add to a basket of quality companies with SCHD. Also added to UTF on a pullback, currently at a discount with a 7.19% divi.
Too late for me. I moved into a real estate fund (RQI) over a year ago. Oh well.
And RQI may do well this year as well, but certainly not at a 56% clip...sometimes leverage works in your favor.
Here's a asset allocation heat map from Ben Carlson s…
Bonds won’t do well unless the Fed overshoots and tips the economy into recession. Only a fool would predict - IMHO.
While not a prediction, the odds of this happening are certainly real.
As an aside, I've found good discussion on this topic a…
+1 I missed the boat when George Gilder recommended JDS-Fitel(later JDSU) as the next Intel in a Forbes supplement I received in 1997-1998! Of course, I would have had to sell at the right time as well.
I got caught in the JDSU web. The late Joe Bat…
Since the start of the Covid pandemic, hospitalizations/deaths follow a wave of infections by about 2 weeks or so. This has happened several times over the past 2 years in the earlier 4 waves. By mid-January, we'll have a pretty good idea of the sco…
@Sven ...my portfolio consists of 10% cash and FI holdings, 21% equity OEFs, and the balance being individual stock holdings along with CEFs and 2 ETFs (SCHD and DIVO). That last portion generates divi's of 4.5%. That, plus prudent fund profit taki…
I believe that 2022 will end higher than 2021 concludes, but it certainly won't be a smooth ride. It should be volatile during the first half of the year particularly.
With only a few exceptions, none of my year-end OEF distributions were reinvest…
The biotech space is very volatile though one which I have involvement. As noted above, IBB and FBIOX are good choices which contain several well known and familiar names and with good overall portfolios. There are funds with a more clinical stage f…
Greetings from Cleveland Heights, Ron! I have WATFX, as well as SUBFX as suggested by Lewis. Frankly, I've reduced my US bond holdings dramatically given the prospects of rising rates, and am generating yield from other holdings primarily from REITs…
The CNBC article provided information from the Institute for Health Metrics and Evaluation at the University of Washington. That would appear to be a good source of information....it's not like Joe Kernen was coughing up the stats.
I'm currently at 70% equities, 20@ cash, and 10% bonds. Early in the week I added to GSIHX to increase foreign exposure. Later in the week I added to an allocation fund EVT, as a dividend play. While the market averages are up, the breadth is weak, …
So here's something completely different...President Eisenhower and Walter Cronkite on the 20th Anniversary of D-Day on June 6, 1964. It seemed appropriate to include this in the thread.
https://www.cbsnews.com/video/eisenhower-recalls-sacrifices-…
In an odd coincidence, the Trump administration will be shutting down the US military newsletter Stars and Stripes effective the end of this month.
https://www.theguardian.com/us-news/2020/sep/04/pentagon-stars-and-stripes-newspaper-trump
Ben...how do you think our vets will react when they hear their CIC say when reviewing a burial at Arlington... "I don’t get it. What was in it for them?"
A survey conducted by Military Times indicates that Trump's approval rating within US militar…
How inaction on the virus will be a plus for Trump by election day is an odd opinion. We'll most likely be at 250,000 dead by that point. Trump has done NOTHING to implement a nationwide approach to dealing with this virus. and has done NOTHING to l…
IN 2009, an analyst at the DHS warned of a surge in activity by right-wing groups, including militias, white supremacists, anti-government activists and others motivated by racial grievances toward the nation’s first black president and the conseque…
Macallan 12 was always my go-to as well. My trip to great Britain and Ireland made me more open to Irish whiskeys and American bourbons also. Good Irish whiskey is available for a good price...Yellow or Green Spot, Red Breast, and one my local Irish…
I've got to think that this will be the time for Matthews' experience to come forward. I sold out of all of Matthews holdings several years ago, but now may be worth a look. Or, add to one of the Rajiv Jain funds.
And, it's spiking once again particularly in those states that opened up while the number of positive tests for the virus was still on the upswing. Oddly, we don't seem to care anymore. We apparently are good-to-go regardless of public health.
Esquire writer Charles Pierce notes that since 9-11, the federal government has equipped local police with $4.3 billion in military gear and prepared them for an all-out war on terrorists. In 2014, President Barack Obama tried to stop the transfer…
I enjoy Cramer, purely for entertainment value...and sometime get a gem or two during the process. As for CNBC, I like tuning into the Noon-1:00 banter, since that appears to be more timely information.
Perhaps it's the nature of my individual stock holdings, but they all went up significantly (except for BMY), but the volume was only about 75% of their 3 month average. A lack of conviction?
Aside from the mortality statistics, the insidious nature of this virus is the resulting long-lasting damage it does to internal organs, even if you survive. I don't think enough has been published on this.
The issue isn't that they're trying to take healthcare from current workers (though some representatives would see that as a perverse side-benefit), they are trying to cripple the USPS by forcing a budgeting mandate which no other organization in th…
Perhaps if the USPS weren't forced to pre-fund 75 years of retiree health benefits their financial outlook would improve. Republicans have been wanting to privatize the function done by the USPS for about 15 years, and have found a benefactor in Tru…
