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 Shostakovich,
Can't recall, but thinking you have acct. at Fidelity. If so, the following could apply:
Fidelity has plans one may set for x-fers between a bank/cu acct. and a Fido brokerage acct. (which allows for the most flexibility).
Fido…
Excellent, David. Hopefully more folks will stop here and share some thoughts.
Do you feel "It's time to go?"; relative to some bond sectors?
Take care,
Catch
Here is a view of "Our Funds Boat". Not much top speed, but a lot of torque for heavy portfolio work. The good old boat is also able to take a lot of beating and banging without much damage. It won't win any boating beauty contests; but that was nev…
Howdy Bud,
Thank you for the link. A short and to the point write by the author. I also checked the links. Ted placed a post yesterday (Dec 3) related to floating rate/bank loans; which I do check; but do not have investments directed in this area, …
Many fund companies/management are watching the likes of Pimco, Doubleline, MetWest and others with excellent teams in place, and using the special tools; to bring forth yearly returns which defy the name of the bond fund(s).
The high yield bond sector bucked the trend on Monday with the HY sector moving in the opposite direction of U.S. equities.
HYG = +.51%
JNK = +.38%
These two were likely candidates for hedge funds and other large trading groups. Profit taking for …
Howdy circa33,
Hoping you and yours are doing well. That time of the year again in your area and in Michigan for the ground to attempt to become frozen and covered with that frozen water stuff, eh?
Take care,
Catch
Morn'in fundalarm,
You won't be crucified from this house. This is the nature of the investment world to which we here have chosen to accept the rules and/or methods of the game. Our house is not blind to what type of tools are at use to obtain retu…
Howdy BWG,
MFO's fundalarm is invested with this cef .
Ron noted this in the recent PIMCO thread here.
For practical purposes, although not etf's or cef's; what ron has listed for a Pimco fund is the longs and shorts; which are in place within ma…
Howdy Charles,
Yes, I fully agree. The education aspect has been discussed numerous times, including at the FundAlarm site. Very few (less than 5%) folks I have known for more than 30 years have ever placed much thought into investing their monies;…
Hi bee,
fixed-income investors are going to likely earn their coupon with less and less prospect for capital appreciation
An aside, which has been discussed here; are the millions of others who are not investors, but those perhaps ages 65-100 years …
David, thank you for your time and efforts with the monthly commentary; and all of the "behind the scene" work. Your clock must have a 36 hour/day rotation. I have one heck of a time plugging a few hours a day into the investment side of life.
Take …
Morning Ted,
Yes, the manager/team has performed well; including 2008 and hopefully will continue going forward. We do hold PONDX, which is the "D" share class of the "income fund", and I recall a few others here, who also hold this fund.
Regards,
…
From the first article....."ETFs are generally believed to represent the investment
behavior of institutional investors"
YES, these actions are hedge funds and related.
Howdy Max,
Oct. 31 indicates only about 16% Treasury related, 30% corp. and about 50% mortgage related.....data here.
If DLFNX blows up, there will already be a lot of other bond blood upon the wall, first.
At this point in time, Mr. Gundlach i…
Ah, scott; you just did a "front run" on me with this.
Whether folks like him or not; he should be read and an attempt to understand his point of view.
......"he only does the Saturday NY Times crossword; as the Sunday version is too easy and not …
Hi bee,
Time for my head to be at the pillow; but, I will presume your listed quote is from the working paper, of which, I read the first 10 pages.
As to the quote, and what has been discussed here before; the majority of individual investors who …
Scott............I had the same thought about the word blips.
Pretty sad that I would even consider an ethics problem; that someone in D.C. would call a few friends and advise to buy a few select etf's to hold for a couple of hours; as such and suc…
Thanks, Ted.
Even though our house is currently bonds; the bond roads are becoming more crowded (investors) and playing near this highway must be monitored with care. Be the monitoring for another year or two or.......
Howdy scott,
You noted: I think catch is well aware that fixed income performance will not go on like this (although timing the turn is not possible), but I think what some on the board are curious about is what does catch view as the general plan…
Howdy Charles,
You noted: " I know the composition is for "near retirement, capital preservation and to stay ahead of inflation creep," but surprised to see it virtually devoid of equity."
>>>>>The M* breakdown of the portfolio "thin…
Added note to the above. I have in the past; and again this year, directed friends and family to the MFO home page to use the Amazon link here.
Pandering for the right reasons, eh?
Regards,
Catch
Howdy Soupkitchen,
All of the portfolio is in tax sheltered accts.....401K, 403b's and IRA's.
Not that muni's have not performed well over the past few years; but we
wouldn't have access to them, except for the IRA monies.
Take care,
Catch
Howdy,
Per this LINK, the fund was re-positioned, and now is ITOT.
VTI is pretty much a twin substitute.
Read about this just below the bold text regarding "short term bond fund".
Regards,
Catch
Hey OJ,
As the question is related to equities; I believe it is "too soon to tell" as there could be a bit of "worse is yet to come", which led our house to the "not quite yet".
Although not getting the big face slaps this week; as have many equi…
scott,
Well, I suspect you have a tougher skin, than to be concerned about the risk parity thread.
Our portfolio has been through the grinder a few times; being named quite boring, back in the FundAlarm days. It has also been slapped around a few …
Hi hank,
I do not like these numbers at all.
Shanghai (-1.51%) .....internal Chinese market, YTD= -6.9%
Hang Seng Index (-1.13%).....external access to Chinese market, YTD= +15%
S&P/ASX 200 (Aussie) (-1.53%).....YTD= +8%
Nikkei 225 (-0.…
Howdy BannedfromBogleheads,
You wrote: "And on the basis of my best understanding of prudent investment strategy I have to admit that volatility aversion does certainly seem to be an indication of stupidity because all the investment theory I know …
Hi MikeM,
PRPFX is a static portfolio mix and surely can have difficult times in various markets; versus the other funds you noted. I suspect an actively managed cluster of holdings related to holdings in a Permanent Portfolio style would work. But…
Hi MikeM,
I do believe some of the equity selling is related to possible tax changes for cap. gains; and folks taking profits with some of the better areas of equity returns for 2012.
This could apply to both individual stocks and/or etf's/active m…
Hi hank,
Hoping all is well in the great north country.
Mr. Snoop would like to know if it is possible that you might reveal what "tad's" ticker might be.
Take care,
Catch
Howdy Hiyield007,
Watching our HY/HI funds for market reactions; and yes, they have held well. A recent story (Bloomberg?) mentioned HY area fund outflows for the past 4 weeks. Perhaps the etf sector; as I don't recall what defined "funds"....activ…
Still watching here; for whatever comes forward in the next few months. 'Course, I don't have a clue of what a break point downward, in terms of percentage, may be; to cause the big houses to want to move monies in for purchases.
Too much uneasy re…
Ummm, the question always rolling through the brain cells.....
Not neccessarily in order of priority:
---PONDX, with their apparent skills/tools to move among the mortgage related issues; with the presumption that the Fed. will continue to play i…
