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Hi guys,
Have sold IEO again. Will wait to buy later. Also opened a new position in my taxable account: FPXTX. Hoping to pay less tax. Also in Mrs. Pudd's IRA added to PP&L. So will see how it goes.
God bless
the Pudd
Hi sma3,
Yeah, I remember Three Mile Island. Live like 60 miles from it. Was a very scary time. Were they telling us the truth or just lying to keep the people calm? I myself don't see it starting up....but could be wrong. Why? Local, state a…
Hi guys,
Have opened a position in IEO today for 89.31. Sold it earlier for 96.62. Will add on weakness, sell on strength. What I really want is natural gas. Will see how things go.
God bless
the Pudd
Hi guys,
Some old news.....last week added to PGTAX and HTECX. Not giving up on tech. If it just market performs, it will be good. Also added to VLIFX and VMACX. With fall coming and Christmas along with more rate cuts, I'm bullish. Will see h…
Hi guys,
Did some selling yesterday. Got rid of two (2) dogs: CIPMX and FSMEX. Both have done poorly for quite some time. Also sold IEO. I think I buy it back cheaper later on, so took the profit. Also sold FSELX I bought on August 7th for a …
Hi guys,
Some old news:
Yes, I was a dip buyer.....went from 17% cash to 9%.
The largest add was to FXAIX. Seem to always buy that when I'm not sure what to buy.....a default position, I suppose. Also opened a small position in FSELX. It's a tra…
Hi guys,
Old news: July 1st I bought more PPL for Mrs. Pudd's IRA. It's all good. The beer's cold, the sun's warm, the water's blue, and the rate cut(s) are coming! Party on dudes!!
God bless
the Pudd
Hi guys,
Thanks swamprev! Should have known that......ah, well....good catch anyway. Yes, each will have their own tolerance for risk.
Also, I know all of you are awaiting the Dukester's call. He seems to be a good politician, at least. He wan…
Hi guys,
Yeah, the classic dilemma.....should I stay or should I go? I think The Kinks sang that. Everything is tech...it's everywhere. Think AI.
My top sector, according to Fido, is tech - 27%; healthcare - 23%. My largest holding is FXAIX a…
Hi Hank,
Good to hear from you. Hope you and yours are well.
I'll do the Scotch first.....yuk! It's all yours, Bro.....lol. Not into Porter, I'm afraid. Too heavy. I feel like a whale after a few.
As far as ideas on the Board, I always felt it…
Hi guys,
rforno: Yeah, I am watching utilities too. Bought PPL a while back at 23. Would like to buy more but only on a pullback. Hoping the AI run on utilities is over. I bought it for EVs. Also added HACK because of AI as the bad people wil…
Hi guys!
Hope all is well with you and yours.
So, what a run since 23, no?
Finally, healthcare rises this year. Fido numbers say FSMEX 6.39%, FSPHX 5.49%. These funds I wanted to sell but they were so bad. So now they rise in a bad time....the …
Hi guys,
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 b…
Hi guys,
Some old news.....
In the pullback, bought some PP&L for Mrs. Pudd's IRA --- a small starting position. Bought it at a 52-week low. Will add from there. It's a long term hold.....she is still over 90% in CDs.
Me? I'm still losing…
Hi guys,
Thanks for the posts. It seems to me these Pharma companies will not win as sma3 said. It will turn everything upside down and cause chaos for years to come. I mean someone has to set prices for drugs.....so why not the biggest user, Me…
Hi guys,
Did some selling. Sold PARMX. It's been a long time coming. Wanted to sell it before Covid, but just didn't get it done, so did now. And also sold FMILX. Just taking profits right now. With July (the end of it) and August (the weak …
Hi Derf,
Thanks for your post, Pay My Bills.....lol. We'll see....it could take a while. Maybe start out with some longnecks and move up to a good bottle of whiskey if things go well. That would do for the short term.
God bless
the Pudd
P.S.,…
Hi guys,
Some old news on some buys. Have opened positions in BOGSX and HTECX. Looking to get into smaller funds. Hoping to do better than just holding the big stuff....instead of holding only the Magnificent 7.....lol......I think there was a …
Hi WABAC,
Yes, the wife is 63 and retired from the United States Postal Service in 2021. Her 401 came from TSP in January of 2022 in a large cash lump sum transfer that was put in Fido in CDs..... at the time...... to work into the market. FXAIX w…
Hi guys,
Thanx for all your responses and ideas. You gave me a lot to think about and research in the days to come. This is going to be slow and take a while. Again, thanx for all the input.
God bless
the Pudd
TheShadow,
Who knew?.....The Fido platform doesn't say it's closed. Have owned this fund for quite a while. Never knew. Thanks, Shadow!
God bless
the Pudd
Hi guys,
This is a fund you don't hear about anymore....once much loved....now, a backwater and forgotten fund. As far as any changes to the fund, they seem to reflect the change in time or market since Covid, so they worry me not. I have it on a …
Hi MikeM,
Hope those Bills are doing well for you. QRSVX I see is big in tech...almost 25%. Is that good? What I do like is the 10% cash. Like that a lot right now. Also a very small fund that is good on the way up. I think the selling is done…
Hi Crash,
Good to hear from you. Hope Hawaii is still good to you. QAT is a bit much. I had to look where Qatar was even though I knew it was in the Middle East. So, I'll pass, but thanks for the kickback.
BenWP,
BRSVX is a no go at Fido, but i…
Hi johnN,
Good to hear from you. Hope all is well with you and yours. I am very interested FXI. How long have you owned it, if you do. And what are your views on it? Seems pricey right now, no? But I do like it.
God bless
the Pudd
Hi Derf,
Yeah,....revamping things right now. Moved taxable money to Fido from Ally and did CD ladder for now. Still have some cash in there for ETFs or funds. Also have Mrs. Pudd's 401k (from the post office) now IRA finally in Fido. Also did a…
Hi stillers,
I think this is the first time I've talked to you but have read your posts on M. Saying that to say this: FSELX I sold last year due to rising rates. This year my point is......are you not early in the buying of it along with FSUTX?…
Hi BenWP,
Good for you. I'm a Ron fan just like I was a Michael Price fan years ago. BCHCX was on my buy list but with healthcare slowing the last 2 years, I did not buy. But did add to FSMEX and FSPHX and am waiting for a pop in healthcare. Wi…
Hi catch22,
Thanks for your post....very informative, bro. Saying that to say this: didn't the U.S. do something to our banks? No different. We helped you so we own you for a time, no? This too shall pass....saying that this is a trade not a l…
Hi JonGaltIII,
Yes, he is a great man. I also like his interviews. Also own one of his funds. Very volatile.....great on the way up.....not so going the other way. Still I consider it core so I will hold. The fund is BWBFX and will add on weak…
Hi Crash,
Yeah, I own FICDX. It's something I bought a while back. My reasons for buying.....I saw a piece on Canada's banks---highly rated....better than the U.S. That's one reason. The other is commodities. They've got them. The world needs …
All,
I managed to parse this from my digital subscription. I value their content and feel compelled to properly cite and gracefully share:
The Economist Business
Mar 26th 2022 edition Surge pricing
Mar 26th 2022
How companies use AI to set price…
Hi Shadow,
Yeah, I think I'm going to take a pass on PP&L right now. Too many moving parts right now, but will follow. Thanks for your posts.
God bless
the Pudd
Hi guys,
Thanks, Shadow, for the article. I knew about the UK sale and the dividend cut but not about the Rhode Island buy. And, yes, rates change here in PA. You can choose your distribution company whenever.....you just have to be mindful of a…
Hi Mike M,
PP&L is Pennsylvania Power & Light.....a utility. Why? They just cut the dividend. I saw a media piece that stated if you run a tractor trailer for a full day and then recharge it, it would take the power of 340 houses. Say, w…
Hi JohnN,
My! You got balls and timing, big guy....lol. Well done! I'd say this longneck's for you, but I'm going for the Crown Royal. This Crown's for you! Also, I put it on my watchlist because I'm not sure we're done going down.
God bless…
