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.
Howdy Hiyield007,
Must be some telepathic link in place. I have a draft in place for Saturday that I may indeed move to a monthly posting; or a no chat weekly posting of holdings and numbers only; as we have a major project just starting in place th…
Howdy Ted,
Yup, been writing about same and have a partial list in place. Been a few years since we've held 30% in direct equity. 'Course, won't and can't complain about the HY bonds, other bond funds as with LSBDX and related. Just have to find ho…
Hi hank,
You noted: I'll also try hard not to comment further on the bond markets; as I've made my skepticism known and don't wish to seem antagonistic towards those holding different views.
Per your link above to the original "name the bond blowup"…
A book we always give as an extra wedding present:
The Millionaire Next Door
Some of the data and numbers used will be out of date; but not the main thrust, "spending and debt habits" may eat one alive". Age old problems for many today.
Regards,…
A quick look at Fido indicates the following for MTOIX:
Minimum to Invest $5,000,000.00 ($2,500.00 for IRA)
Transaction Fee (online) $75.00
Expense Ratio 0.83%
Further: http://news.morningstar.com/fund-category-returns/
Scroll down a bit…
HiYield007,
Thank you for your time and thoughts. After a quick look, it appears that EM bonds was the only clunker bond area today. I am too pooped today, to participate this evening; and am away to pillow time.
Take care,
Catch
Hi philpill,
Sell "all" bond funds. Be conservative with an equity portfolio, but no equity market weakness support from any bond funds?
Just curious.
Regards,
Catch
Hi Ted,
PRHSX has done very well.
And we have been "catched on" before, too. We owned FSPHX for a number of years prior to 2007 and was one of our early equity holdings in the mid-80's. Looking around for some more add-ons in the coming months; if …
We may be (equity) on pullbacks from the market rocket launch in the first week of this new year. Probably an equity market sell signal, if this house begins to buy. :) We have not been to an equity dance for some time now.
Max, the data is readable; and yes, it is difficult here to make a list look pretty here.
So, are you only presenting the list; or are you shopping?
Catch
Congress/WH may claw and scratch at one another in jestures and words in the media; but they don't eat their own, at this club, no matter how bad it gets.
Hi Skeeter,
Thank you for your thoughts about all of this. As 2012 is in the record book, our bond portfolio was lucky enough to be quite close for return with several broad equity areas for the year. Would one be able to match this again in 2013? …
Morn'in hank,
Only one cup of coffee here, so far; but I'll try to be somewhat alert. Tried an early morning walk about; but it is too damn cold outside....but sure was a good face slap to my physical body, to wake up.
You posted questions from the…
Hi forch,
You are welcome. You must also be aware that this is just my 2 cents worth and so the value is more related to your investigation of the funds that may be suitable for your house's needs. There are surely many other suitable funds among th…
Ah, quite your bitch'in :):):)........tis some of your country's money doing the good deed.
I have read more than I care to about this "club" of elities over many years.
Perhaps this was just a mis-direction play to begin.
Howdy PopTart,
I recall you're with Fido; or is this a choice within a 401k or related?
Anyhoo, if with Fido in particular, you may look at FEDDX, too.
Emerging Markets Discovery. Fido's look towards EM consumer markets in my opinion, and via the mi…
Hi forch,
First, I don't disagree with Investor's choices below, from his post to you. This is a nice spread.
Domestic: RWGFX YAFFX AKREX FLPSX BCSIX SSSFX
International: FIGFX GPIOX MAPIX
Global: GPGOX ARTHX ARTRX
NOTE: the below is with the pres…
Hi Old_Joe,
You noted: "don't like what happened to ADFIX or ACITX today at all, at all... "
TIPs funds have had a face slap this week. But, your entry point to the holdings was a ways backward and still allow for some wiggle room, eh?
Not unlike y…
Howdy Gandalf,
Our direct TIPs holdings and PLDDX are our cash holdings funds, as we don't have any money market type holdings.
Much of the headline news that hops in and out of the minds on a daily basis moves among the story of the day; and we h…
Hi hank,
You noted: Catch: Pray do tell us what's in that smoldering pile of leaves you seem fixated on? Might it be altering some of your perceptions.?
No, not fixated with the leaves; just an interesting view of a concept that there is always som…
Morning Ted,
No disrespect to Skeeter; as I asked a question as regards to 2013 actions from the 2012 special dividends.
Do you think the special 2012 payouts, regardless of earnings in 2013, will affect 2013 dividend payments.
I am well aware of …
Hi Skeeter,
Wondering if this was a one time event with the special payouts for 2012, and will affect 2013 payouts?
Note: I didn't read the story yet.
Catch
Evening,
Away from the ranch and the pc most of today.
The long duration end of bonds were a bit poof today, eh? Below is a quick list of some areas.
EMB -0.09%
TIPZ -0.58%
STPZ -0.02%
LTPZ -1.68%
LQD -0.54%
IEF -0.50%
TLT -…
Morning Ted,
No portfolio fires here, merely looking for thoughts about entry points going forward.
However, thank you for presenting two areas that all investors must understand past any and all fundamental or technical aspects of investing; bei…
Howdy forch,
Are all accounts setup with the brokerage feature, which will allow you to invest in funds outside of Fido's funds choices; if you so choose?
Regards,
Catch
Hi fundalarm,
I've been reviewing this Pimco entry that just had birth a few months ago. Perhaps this house will throw some money its way.
PMZDX
I'm sure this fund has a full complement of magic tools, too.
Take care,
Catch
Howdy bee,
Thank you for the hard work and efforts to help make our lives easier.
As to Pimco.....no problem at this house with their funds. One must understand the tools that are being used by the funds; and balance that risk against your own. I d…
Hi Investor,
One fund I recall that you still retain; and which we should have retained from the spring of 2012 is FLPSX. This one is on our equity review list for this year. And congratulations with your 2012 return, during some shakey periods.
I …
Hi Charles,
We have been traveling for a few weeks and there is always so much to catch up with, here at MFO, upon being away and without online access.
Thank you for your efforts with this posting. A lot of work, to be sure.
Regards,
Catch
Howdy Ted,
Your statement is toned as a slap in the face to those who have and continue to work so hard to make this site what it is today.
I believe you owe a full explanation as to your statement, Mr. Ted; for those of us who feel this is a mo…
Hi scott,
I too, think that eventually there may be some dismay in some bond sectors; but all should keep their shields in place for other sectors, too. We don't live in an uncorrelated market place. Watch your RO-RO.
Take care,
Catch
Howdy Ted,
You are away to a fine start of the almost new year.
Don't worry, I suspect we are all out to sea in today's investment world; somewhere between the Strait of Magellan and the Horse Latitudes.
Hoping that we all will be able to at leas…
"CBUBPP", pronounced "see-BUB-pee". Not an eastern European dessert; but more of a western government add-on condiment, not unlike Tabasco sauce; purportedly good with almost any investment dish . To date, it appears that "see-BUB-pee" continues to…
MJG,
You noted: It is not extraordinary that as informed private investors we demand the performance track record and financial history for a portfolio candidate mutual fund manager. Yet we do not impose that same rather benign requirement when jud…
Just fine, hank. I recall you posted this at FA, too.
I'll add this with the note of replacing "man" with "person".
I received a high school graduation card (right after the printing press was invented) containing this poem. I still have the card…
Hi David,
I browsed this story earlier. Mr. Dalio, has a most decent record during his investment career; and may have the gift and/or has developed a keen intuition regarding monetary flows.
Thank you.
Regards,
Catch
Howdy Hiyield007,
We don't have any muni investments, but I watch this area, too.
Muni's appear to have lost more ground today (Friday), and noting a broad selection of Fidelity's muni offerings that I have watched this week; appears that state an…
Hopefully, none of us here, will be severly stung when some bond types rotate away from capital appreciation; for whatever reasons.
One would also hope that active managers of some bond funds would be able to adjust for changes, regardless of maturi…
May explain some of this action on the short end from Dec. 11; otherwise, an unknown circumstance to this house.
Bonds Yield
3 Month 0.04% -0.02 (-33.33%)
6 Month 0.09% -0.01 (-10.00%)
2 Year 0.23% 0.00 (0.00%)
5 Year 0.63% 0.00…
