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 Ted,
No, no new cars. Looking at 2 year old models, many of which, in our area have about 30-35k miles of use. This is the relation to an extended repair insurance program; most of which will cover many major repairs up to the 150k mile range.…
Hi perpetual_Bull,
Thank you for your input. I should have prefaced, "not the extended warranty policy" offered by auto dealers"; but the other market place insurance vendors.
As you noted too, at $75/hour at local repair centers plus the expense o…
Hi Investor,
Thanks for the linked article. Many private/public pension funds are traveling the road of more monies into hedge funds. Personally, I think they are messing with the danger zone. 'Course, many of this pension funds are trying to play …
Hi Skeeter,
Well gee there..........you've got bonds just about every which way.
Have you run the funds through the M* check-o-matic to find a nominal grouping by bond sector/type?
Thank you for your work with your holdings list.
Take care,
Catc…
Howdy MJG,
A small piece snipped from your write: "Above all else, Langer believes that purposeful mind power absolutely rules. At times we are not as mindful, as logic driven, as we think we are."
>>> Whatever level of my logical side t…
Howdy Flack,
You noted, "My long-term equity position is going nowhere since it has been completely hedged since 1390 on April 9th."
Are you using inverse etf's or other for your hedge positions?
Thank you and regards,
Catch
Hi Skeeter,
Master no; but a kind thought. Still the apprentice working towards the next level.
There are more than enough here who have a most thourough knowledge of bonds and their reactions to market changes. I do feel I have traveled further al…
Hi hank,
Yes, SIRRX is showing to be a bit of a strange duck, too. A more conservative retirement fund than I though it might become and/or remain.
Knowing that many of us use our own benchmarkets privately; not unlike the ongoing chit-chat here; …
Howdy perpetual_Bull,
You asked: " With this many good managers around is there any question why people find themselves collecting mutual funds?"
For our house, if we find particular favor with given sectors; be they equity or bonds of any style, …
Hi MikeM,
You noted: "And honestly, some times I wonder why I bother with putting my own portfolio together. I think I just like "the game" of putting together my own group of funds."
I agree with both statements. The putting it together is part of…
Hi hank,
This weekend, I did look at HSTRX and thought the same thing.......this one is no longer a reference point.....I did a "bark-bark" when looking at the week/YTD.
I appreciate your thoughts about a change.
As for HSGFX, I don't think thi…
Hi Skeeter,
Okay.........you, you are front running and stealing my thunder for my write in progress. But, I had to stop for a bit for the all important 2nd large cup of coffee and decided to peek here.
You note:
"This past week consumer staples …
Hey bee,
Dont' have anything right now of consequence, as we sold our FFGCX fund several weeks ago and had direct exposure to energy with that fund.
However, I continue to watch GASZ. Yes, it is an etn fund; but is about the only decent play I can…
Hey johnN,
The bell toning the death of the bond bull market is not currently ringing a loud warning. I continue to search to vast wealth of knowledge about such things from the gurus of Wall St. and have not found anyone who can provide the month …
Hi bee,
For yourself, of which I believe you already know; and also in particular for others reading this thread, I surely hope my tone about PRPFX was not taken wrongly. I only placed my own counter questions and thoughts about equities and a few…
Mr. Cuggino is most assuredly much sharper than any investment knife at this house. I am also in agreement that this house prefers to find growth of global economies going forward.
Mr. Cuggino notes the following in quotes:
"Thirdly, many invest…
Hi Ted,
Will you be more specific. Do you not think any of the "mini" data was worth mentioning?
It is either the writer or the data to which you comment. Which might it be?
Take care,
Catch
Hi bee,
An interesting article and related to similar discussions here.
Chart 1, median household income is of interest. And I would not argue with the data. The income type used in this graph is understood to use inflation adjusted numbering; and…
Hi hank,
The etf's vs trad. mutual funds....always a head scratcher at this house. The one ultimate benefit of the etf is the buy or sell through the day when one chooses. The down side as I see this today, is that the etf's have become trading unit…
Hi Skeeter,
You noted: " First for Catch 22’s question … Why do not sell equities farther down? Mark I guess I could sell my equities farther down but in doing this I would be generating more taxable income from the resulting capital gains than I n…
Hi Skeeter,
Your methodology appears to provide your portfolio mix with excellent returns, far and above this house's returns.
Thank you for continuing to share your thoughts.
Question. Why do you not sell down a larger percentage of the equity p…
Howdy Art,
Are you still able to invest in a 401k, trad. IRA or Roth IRA; based against your employment status and/or wage? As you noted; the Roth is the first best step in my opinion.
Beyond that; very tax efficient funds could be used to take a…
Howdy Mark,
I do believe Mr. Al Gore is riding the big money train via his shaking the trees of the green/eco movement.
Course one may argue that he is recycling this money into projects to fund his views further down the road.
On the other hand,…
Howdy OJ,
Guess that wording just about covers it, eh?
Not directly related; but I sometimes wonder whether I could use my time better for other things.
Perhaps to create our own Permanent Portfolio with a mix of 50/50 bonds and equities among …
Ummm....if Europe is two years behind the U.S. in the economy mode; 2015 may do it ! That would allow for the unemployment rate to be at 7% and a possible upturn in the existing housing market in the U.S.
Hi MJG,
You note:
"The doomsday prophets are a persistent lot. These guys never stop peddling their seeds of complete or partial destruction. These doomsday scenarios reach back to Biblical times.
In that same direction, the Club of Rome (circa…
Even..................even if the banks could be reverted back to investment bank (their money is at risk) split away to an old sytle traditional bank that were not allowed to be involved with investments into the dark side; if not regulated in some…
Sven/bee,
We have maintained a list of expenses via daily, monthly, semi-annual or annual for a number of years. We use about 20 categories, including a spillage area; as I know I forget things like a candy bar or soda. We have used an inflation a…
Hi Ted,
I will agree about collecting funds without motive for an investor.
Regarding our mix, and the related sectors we currently favor; that the choices in the given sectors are from 8 retirement accts; 4 of which are not yet in place for a ro…
Howdy Cathy,
Okay, I will presume I have enough coffee in my body to be sensible this morning.
First, this is a link to the VA you mentioned. If you have not read through parts of this, once the page is open....do the "control and f key" on the p…
Howdy Cathy,
Nice to find you here again. Hoping that everything is a bit smoother now.
I can not offer anything regarding Raymond James; but this MFO link for a long thread may answer some questions about a VA.
http://www.mutualfundobserver.com…
Hi OJ,
I read something similar somewhere regarding "open-architecture client offering" but I recall a reference about bending over or such....; perhaps I read about it in a medical journal and proctology.
Catch
Wave theories.............cycles. Oh, but wait a minute please................
He stated, "What we didn't count on was that we'd have a decade with two severe bear markets in it," he says, noting that the only other time that happened was the 1930s…
Hi bee,
I recall some of this and found a link. May be of some value and you raise a very good point. I believe most of these are video interviews. You may also find some current video explanations on youtube.
More on some related thoughts.....but…
Reply to @johnN:
You wrote: " I am just tired of 'timing the market'. I think it maybe better just buy a couch portfolio and follow MFO/Skeeter's commentary to see what to do.
I don't think we have much legs to stand on and we don't really know how…
