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,
2 things to look for right now: first is school sales (it's the second largest driver after Christmas in the economy); and the second is: what will Congress do on its return from summer vacation? It's HUGE.
As far as 19, I think we all k…
Hi Skeeter,
1. The next dip will be fast. I think it will work, but be quick because the dip-watchers will be buying. Have a plan now.
2. Will work if, as you say, things go as planned.
3. Real estate is a no go for me. Also think bankruptcies…
Hi Skeeter,
Yeah, have looked up SPECX. Looks like a good fund. Will add it to my watch list.
As far as mid caps....... have been selling them. Down to three funds. Small and mid caps worry me right now. I think things will get worse this fall …
Hi Skeeter,
I know I've said this before but I'll say it again: I wonder why no VWINX in your portfolio? Surely I would think there would be a stall in the barn for this one. The yield not as good, maybe, but overall better, no? Also, with SPECX…
gk3105gklm,
Nice list of funds. PHSKX is on my watch list already, so I know that one. Also like LCLAX and AFOIX. You know how I like new funds. Also MEGMX....that looks good also. CAREX also looks good.....only on a pullback though. It's alr…
Hi guys,
Yes, have owned PONAX even before it was that and the ER increase. Made money then and now on 3-26-20 made a large 5-digit buy and am up 6.93%---again, Fido numbers, not mine. In that timeframe, I sold all bond funds except this one.....a…
Hi Crash,
I see you have some very good funds. And if you're happy the way things are going, you can't ask for more. Stay safe, Big Guy!
God bless
the Pudd
Hi gk3105gklm,
Yeah, I think a lot of people took advantage of the drop earlier this year. And I think now we're at the top of a trading range and we'll go lower.
Question: who are your mid cap holdings and your EM, if I may ask? Right now, I'…
Hi guys,
WOW.......gk3105gklm, all I can say is wow. Your English is good enough for me. I look at your post and am amazed. You're right.....we are alike, and you are more aggressive than I. Again, I'm retired, so I have limits....lol. I do wis…
Hi Art,
Lucky you, Big Guy! This longneck is for you! Like your growth funds. Not in bonds right now. Don't be in a rush to invest the cash. We're early in the recovery. Methinks you'll get shots at it as time goes on.
God bless
the Pudd
Hi Skeeter,
Yeah I think, too, things are a bit expensive. Have done some selling this week......
PRDGX: it's a tracker; FXIAX: is cheaper; GLFOX: too much Italy and England for me anymore. I don't see infrastructure money coming. FAMEX has on…
Hi Hank,
I agree with WABAC....a very humorous post.....I like it. I was wondering who would bite. I didn't think Skeeter would. I knew I wasn't. That left you and Bee. Even the Dukester thought it was cute.
God bless
the Pudd
Hi Bee,
Great thread! Yep, I'm a big the VWINX fan. It fell but it's back. It's like the good, the bad and the ugly.....lol. Sold 13 funds on the crash.....moved fast to stop losses. The ugly FMIJX....what a loser! I was going to sell it last …
Hi Derf,
Lol! Yeah, he's doing better than me. He's still the smartest one in the room and the one the girls want to pet. OOpup!
Yeah, FMIJX is down big.....long time own this puppy. Needs to go. All they said was they are value. Were looking …
Hi guys,
Hope all is well with you and yours.
On today's walk, the Dukester was kinda chatty. He said, "Pudd, do you know how many funds you sold since the end of last year?" I said, "no." He said, "A baker's dozen." I said, "This time I am gonn…
Hi guys,
Was reading The Economist magazine. It has some scary things regarding bankruptcies, and a wave is coming. Already it's as bad as 2009, and it's only starting. Bonds.....2/3 of the non financials are BBB or junk. Already huge numbers wi…
Hi guys,
Yesterday sold YAFFX and FEMKX. Wanted to buy FSDAX today, but NO........the only thing in the portfolio to go up 1.48%. Darn! Have bought it twice.....up 4.9% and 7.4%.....so I guess it's ok. But still down 13% on it. Just trying to m…
Hi guys,
Bought a little FSDAX with the money from sales last week, but that's all. I still don't see value. ...at least, not in my portfolio. So will keep the rest of the cash in my pocket and wait.
God bless
the Pudd
Hi Skeeter,
Thanks for your update on the fund. Your third point I was not aware of, which to me is important. As it moves from a more conservative fund to a moderate or balanced one, it could be more aggressive depending on which bond and stock f…
Hi MikeM,
I will only compare it (i.e., AKREX) to what I bought off the watch list because that's what the watch list is for. I bought CTFAX and FSCSX. At this space and time, I do not think this area is a buy. Again....just my opinion.
God bless…
Hi Linter,
I agree with you. No faith in the market. Also, AKREX was crossed off a watch list due to finance sector weighting. It's also why YCGEX was sold. Too many maybe(s) in this area. Also, CTFAX is at 52-week highs. So I would be not a b…
Hi Rbrt,
Thank you for the link. The book seems a little too dark for me. I think I'll pass, but thanks for your time.
Also added to FSDAX this week. It's my worst fund. Will add more on weakness. Also sold some funds on Friday due to the marke…
Hi catch22,
The future is much like the past......very point specific.....no. We all can cherry pick.
What of this do you own? This is not a fight I want or am picking.....my respect for you is great. Bro', my point is...you win now, but are you…
Hi Mike M,
Yeah, I did the same thing a while back. Sold all bond funds, but PONAX I'm still disappointed in.....still down 5%. It also may go.
My thinking is this: going to let my AA funds do bonds....only good stuff, though. They are BTBFX…
Hi guys,
Added to FSCSX, ROGSX, and TGJNX on Tuesday. Will buy on weakness. Up 6% on CTFAX. Good job, Skeeter! It's paired with VWINX.
......long term just be cool your core.
These guys are looking more and more like my bond funds. As you kno…
Hi guys,
Hope all is well and you got your checks.
Old news: did some buying last week. Opened positions in FSCSX and CTFAX. I think Skeeter talked about that one. Thanks! I like it.
New news: also this week sold FRIFX and MLPFX. Both small p…
VintageFreak,
I would hold on the selling. Did you look at Charles' piece in April? If you did, please view it. I also own losers....it's a bear market. Pour yourself a big stiff one and relax. If you don't need the money......chill. This s**…
Hi guys,
Hope all is well with you all.
Some old news: did some selling when the Fed went to 0.....AEDVX, GIBLX, PTIAX, TRBUX. Since I don't know what "0" means for bonds I left. This happened quicker than I thought.
This week added to FXI…
Hi Boyz,
So you think you can tell heaven from hell...
Can you see a top from a fall? Who are you?
The one who yet can stand and know the what from the where......the who from the why....from the I to the U.
Can you tell where yet we will go? Do n…
Hi Skeeter,
Yeah, I agree with you. I added Friday about 3:45pm. How did I know right after I bought, the S&P went from -2.3% to -0.8% or so. Why???!!! It was Friday......getting weaker into the close. That's why I bought. No one wants to …
Hi guys,
Hope all is well with you....it's only money. You're still vertical, so all is well. Did nothing so far. Waiting for tomorrow to see what happens. No one will want to buy before the weekend, so Monday or Tuesday will be big. This is ov…
Hi guys,
Sold most of my MLPFX position. Keeping a toe hold. I still think it's a value trap. We'll see. Also sold BHBFX. Have 1 value fund: YAFFX. That's enough. Bought a little FRIFX this week on a down day for REITS then, Friday, added to…
Hi Gary,
Yeah, I think we'll do good as long as the market goes up. I saw on Fido they added more info to the fund page. I like that. Also I own GLFOX in that space. Have for years. Looks like they don't clash too much as far as which countries…
Hi catch,
Yeah, good fund FTEC. Great move! Ride it out, big guy. FSPTX is new to me even though I play on the Fido platform. Looks good, but I would expect that from you. Fido had a quarterly report today. I don't know if you saw it.
The D…
Hi catch,
Yeah, have been watching this fund for a while. Finally just held my nose, closed my eyes and hit the buy button. Why? Will say this small, new PM....it's their only fund. AI focused saying all that if you look at top 10, the usual sus…
Hi guys,
I did some buying on Friday. Added to FIFNX, FNSTX, FSMEX, MLPFX, PGTAX, ROGSX, and TGJNX.
I bought Friday due to the drop and hoped for a bounce. But, who knows? This market is crazy....think TESLA. I think on MLPFX that will be my las…
Hi Skeeter!
Yeah, I see your point, but.....(whenever you see a but, it's usually some bonehead trying to prove a point)....lol. Just remember we're in QE. I think the market is ok.....last famous words. I think earnings will be ok----meaning the…
