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 Tony,
I will preface my question with the following in mind. At least for myself, although I suspect this must be the case for many people; I may find the need to read a given book about technical or scientific information that I do need to unde…
Now guys, you must remember many of these folks belong to some very elite clubs, both visible and otherwise. Article II on page 2 of the rules and regulations indicates that full employment will be maintained for you; if you are accepted for members…
Hi Skeeter,
Maybe we should do a phone conference to find what we may have that you would be interested in buying.........:):):) Just yanking on your chain. I just do not feel this year's bottom is in place for the equity sector, broadly noting.
…
Hi scott,
Mr. Arnott's article that I believe you posted recently, is one of the better assessments going forward, in my opinion.
Have to watch and find how all of this comes to pass for the portfolio.
Thank you for your comments.
Catch
Hi Kaspa,
Perhaps I should have used a different word set.
I will note that I fully understand the upward limit of my thinking capacity and have studied/reviewed some very complex (at least for me) charting functions. I do stop at points in this u…
Hey scott, Hi,
With markets behaviors I can see a wheel with 12 "compass points" that could represent 12 major investment sectors. I can also envision at the center of the wheel, a loaded and cocked gun with the safety off; each gun being pointed …
Morn'in Hank,
Fed's have short term rates set, and generally in their control. As buyers enter the other duration periods of the Treasury issues, the Fed doesn't neccessarily have to take any action in this space; if the yields are acceptable to t…
Morning Skeeter,
Thank you. Another form of relative strength, eh?
At the least, one may know that the trading servers should have extra cooling fans in place right now.
Take care,
Catch
I cleared the pc browser before and after the site visit and still expecting to receive mail from NW any day now...........:):):)
I will add 50 years for eveyone; as there was not a question dedicated to the advancement of medical technology. My pa…
Hi AndyJ,
Thank you for your note about HDV. Pretty much covers the normal defensive equity areas. I suppose the one outlier of the normal may be some healthcare/medical areas; as the Supreme court healthcare plan is expected to be finalized in Jun…
Morn'in,
So, what about the utility fund sector? No comments about this area?
This sector would not hold in a market melt; but would likely perform well with a "go away in May" scenario.
Regards,
Catch
Reply to @johnN:
You noted: "Banks don't want to take the blame but they did not learn a damn thing since 2008. still taking lots of risks."
The banks known exactly what they are doing and who is running the financial show. Until the banking units…
Hi Investor,
Thank you for the note. I know that the start, payback the original amount and then start drawing again at a future date was changed by law, I believe, last year.
We will both be fully qualified for full SS, but will wait to draw as l…
Howdy,
Just a few observations for today's close; and apparently any profit takers actually took real cash home in trash bags to bury in the side yard.
No love at the old Funds Boat.
Among the whole mish-mash of funds we hold, only APOIX and F…
Hi hank,
Geez, if the 10 year travels below 1.5%; there would likely be many other nasty events taking place. I would much prefer to be an equity investor (again) to a much higher percentage.
While I am sure there are enough here at MFO who may con…
Hi kevindow,
Not that we don't know, but I look at this area, too; only from a point of interest, as to the number of similar (at least per M*) funds increases over the years. As is shown here, the number of comparative funds has grown from 72 to 4…
Howdy, Spot gold is at $1598 (May 8, 11am). GDX is - 4% at this time. Whether the price finds support here is not to my knowledge; but I would suggest any larger downward moves this week may find the next stop/support closer to $1500/oz.
Hi bee,
As OJ and I are almost as old as some of the ancient rock formations in Michigan's upper peninsula, I am assured; at least he too recalls this "Pipeline" sound. Pipeline is in reference, in this musical case; to a wave shape related to surfi…
Hi OJ,
From the article, "The advent of online advice"; kinda reminds one of this site, an investment home away from home and the many gracious and enlightening discussions.
As to an advisor; I'm thinking about retiring this chore. What's a fell…
Hi Skeeter,
Yes; I do review this site page often. But, this would be a layout format/style with about 1,000 active mutual funds across broad global sectors, as well as a few hundred etf's. 'Course a few keyboard pushes would allow to align by colo…
Howdy Ted,
Purchased FSAGX 8-11-11. First chunk sold 3-6-12 at -9.8%; the remainder is gone today at what I will guess may be a nav of around $36.50; which would have about a -26% or so.
As our portfolio is constructed, FSAGX wasn't 10, 20 or mor…
Hi AndyJ,
You noted: "Fyi, PK usually doesn't reply directly to the many comments on his blog."
One may hope that he actually reads the comments. Perhaps it is not in his nature or attitude or considers such things as a waste of his time. 'Course, …
Howdy AndyJ,
Thank you for the link.
Have to run for a bit; but I will await to find whether M. Krugman replies to any in the comments section, which offer different opinions that indicate whatever GDP may or may not be, it is not the total pictur…
Hi Skeeter,
Knowing you may be away from the pc; but you have noted funds that are "A" shares. Are you invested into these two mentioned and others you have mentioned previous; with the loads waived?
Thank you and take care,
Catch
Hi scott,
Of this, I am sure you are aware; that Bolivia also chooses to "nationalize" a power grid company (another Spanish company).
We'll Take That, too
Some of the South American countries continue to not have moved away from their sad past hi…
Hi bee,
Per the manure......I will add some words I have heard before, but heard again today for another use; but applies to when an investment is going against us.
A hungry bear is chasing a few folks, including yourself. The thought is that you…
gold funds list
'Course, can't speak for others, but we have been in and out metals funds since the late 70's; including a North American metals fund Fido had that was merged, a number of years ago, into their only metals fund today.
As to PRPFX, w…
Hi fundalarm,
I had some time to compare and sniff against a decent growth fund, FDGRX.
Be back......compare screen didn't link and I'm away from this pc for a bit.....
Appears we all should have a piece of this, eh?
Thanks for your sniffing around prinx; perhaps you have found a jewel to hold during equity forward moves, and in particular the growth sector.
The holdings listed are well selected, in my opinion.
A SEC link for this fund; although I have not read through the document.
The blue box area at the top of the page indicates this fund's prior life cycles back to 2004.
http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=PTSGX&f…
Rono, OJ, bee.........
I noted in the last Funds Boat about nat. gas being one of the top 3 sector movers last week.
I have been watching too since about 10 days back when pricing stayed around $1.95.
A nominal list:
YTD.......…
Hi OJ, Just a quick blip......as I am attempting to whack some growing lawn grass before more rain arrives.
Question: Do you still have the email? I ask as there may be a function in your email program that can be used manually or set to auto for e…
Depending upon one's taste preference for wine......er, investments; I will suppose if you view this from an investment standpoint......well, you will understand my drift of substitution of wine and investment words; and relate the context of the ad…
Hey There Skeeter,
You noted: "If money in your pocket is important, one might wish to look at how much the fund also puts in your pocket along with its total return."
Okay, you got me go'in down the road of confusion with this.
Total return is …
Hi bee,
You may aware of this "investment". Check the numbers just below the site name, in the blue title bar, towards the left edge.
Alternative Investment
Take care,
Catch
Hi Ted,
Yes, each fund has its own benchmark; but the psuedo benchmarks we use with the indicated funds attempt to provide a reflection towards our overall portfolio.
Not unlike M* or Bloomberg attempting to benchmark certain funds; they too find…
Hi perpetual_Bull,
I will assume, as your handle name here may imply; that you prefer to have a mostly equity holding for your daughter's monies; although VGSTX indicates a moderate allocation, which may be more favorable at this time.
You may al…
