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.
Hi guys!
Ok....UNCLE!! You guys win. What you say is all true.....can't argue the point.....it stays. It's good to hear that other people think like Duke and I (inflation). John Chisum, don't stay away too long....the pack needs their leader.
th…
Hi Scott!
The buy was made because of thoughts of .... get this!....inflation! Yep! How 'bout that? Because the Fed will be behind the curve....yep! That's why. And I believe that now as then. How long will it take to bite, who knows? But we'…
Hi guys!
I bought infrastructure in the early part of this year.....two (2) funds.....NMFIX....check what they own....and returns....you will see what I mean. Bought them both because I didn't know the sector--two is better than one. Check out the…
Hi Scott!
I like what you're writing....but, again, I'm in a 401 company plan with a brokerage account, so mutual funds are about it, pal. Sorry to say but I was thinking about FIDO Canada and their select transport....but have done nothing yet. T…
Hi Old Joe!
Congrats on winning the game of life! If you have all you need, what you are doing is a smart move. To know how much and when to put $$ at risk.....someday I also hope to be there. Now, off to work I go again! Congrats and God bless!…
Hi Scott!
I bought GASFX as a fracking play in March 2013.....added some more in early summer. It's not what I want since I ran into MLPs. I think they are more the pure play I'm looking for. I do not consider this a core fund but a sector fund a…
Hi Anna!
What a cool question! My take is: what's not different? Let's start with no Ben, no stock market run (as last year), QE ending, elections coming, etc....{pause---need a beer}...Ok, back now. Does this mean big change? Probably not. Bu…
Hi Joe!
Janet has a chance to talk or someone else from the Fed.....do you think they won't? HA! Not me....plenty of TV coverage. I think you will get more insight into the plan....QE ends in October with rates going up next year. The 10-year i…
Thanks, Ted.
Tom seemed to know his stuff. At the end, he talked about “upstream”...not sure what that is and how to play with a mutual fund (natural gas …. other than Fidelity’s natural gas). Ideas, anyone? I need to get into this somehow. I …
Hi, Ted!
You’re right…..I got so excited I ran out the back door and jumped in the pool….beat the dog by a step and a half, yessir! A man of action I am!
Sorry,...I just couldn’t stop myself. My wife says, “One too many….and, will you ever learn?”…
Thanks, Crash!
I took a look….two (2) things at $20 billion too big and it’s going to close. YAFFX just closed hard! It has $8.5 billion….I do like MAPOX on my short buy list on pullback.
Yes, Ron, sometimes I do this too much. My wife says this…
Hi Vintage Freak,
I am surprised that anyone owns this fund. I bought it in 2010 when I opened the brokerage ACL along with CHTTX, YAFFX, and FSCRX. Did well until the downturn in 2011. Has been slow since, and I have nothing against that. It’…
Hi David!
Well, moron me….to just let $50 stand in the way (brings out the Amish in me!). I have GLRBX and I like it. I’m not into bonds now…..it’s that short of cash thing. I need to sell something.
Hi Scott!
FSPHX - had nice run in 2013. This year, it nose-dived earlier. I guess, to put it simply, its about too much beta (ups and downs). This fund was great last year…..can it perform as well 2 years running…..I don’t know. Looking more for…
Hi Crash!
I saw high cash….looks good now. Will only buy on pullback….have little cash now….that’s why I’m looking to sell WPFRX. I rode R2K (Russell 2000) hard last year….looking to get rid of mid caps and small caps. MAPOX - would cost $50. PR…
Thanx to all of you for your time and help as I am fast forging a path toward retirement. That's the goal. Oracl, well said. Some things need to go, and I will look at your 3 choices for sure. The journey is long, and I need to do better.
Jerry…
