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Hi Guys,
I take a more optimistic view of our aging issues.
Our current population is better educated, especially among the women cohort. We live longer gaining about 7 years on average since WWII. If still working, we are granted more flexibili…
Junkster: I'm guessing you hold HOBIX ?
Derf
Correct. I corrected that in my post thanks. Very small position for now. Slim pickings in the current bond environment besides the…
The new star in the short term bond sector is HOBIX/HOBEX. Yes, high expenses because of the small AUM and only available in but a few states and hardly any brokerage platforms. Never understood the allure of RPHYX and even more so now with money…
As mentioned above, a really ugly year for bond funds. The next domino to drop may be junk corporates. About all that has worked are non agency rmbs and bank loan bond funds. The latter worry me if junk corporates get hit. Going into today I am 7…
Sold some FADMX to establish a position in FFRHX. May be a future trend.
I apologize for sounding flippant. But “may be a future trend”?? If you look at a *weekly total return* chart for FFRHX or any fund in its bank loan category it has been on…
@MFO Members: The Linkster's cash holding is 1.19%. The S&P 500 will close out the year above 3,000.
Regards,
Ted
If the S&P closes out above 3000 or even touches that mark during 2018 I will bow down at your feet from afar. My cash holdi…
@Junkster when you say " Also don’t see much investor fear or anxiety over the past three months.", is that based on bulls versus bears stats, some other methodology or just gut instinct.?
Some weird methodology not even worth mentioning. And cert…
https://www.guggenheimpartners.com/perspectives/sector-views/q2-2018-high-yield-and-bank-loan-outlook
I have tried to stay out of this one. We have discussed ad nauseum this sector on the Morningstar forums. Everyone and their mother is camped ou…
Ted, they are much more prevalent in states like Utah and Colorado because of their off road prowess. They come in handy for me here in KY, TN, and NC because of some of the iffy dirt and rocky roads I have to navigate on my hiking destinations. B…
One of the best articles I have read. Thanks @Ted. One I will actually be printing out. So many bullet points that are applicable to my situation. I have some work to do still in the spending department but finally have been begun to loosen the …
Until they work out the computer glitches for Scottrade customers, it is cheaper for me to trade transaction fee funds at TD Ameritrade than NTF. Example, it costs me $17 to purchase a transaction fee fund and $17 to sell. While on a NTF fund it …
RBut how is it able to do that? Very little info on what its invested in on M*.
Incidently their "hedged market opportunity" fund is down 12% ytd. So there.
And their tactical allocation "asset rotation" fund is also sucking wind against category.…
The transition was rocky primarily because of the dividends accumulated while at Scottrade. More specificically, on positions closed out in February while at Scottrade that had accumulated dividends, instead of the dividends going to our cash acco…
Nothing you don’t already know but a few bond funds in the bank loan and non agency rmbs categories are on pace for 5% to 6% returns this year. Of course how that actually plays out is snyone’s guess. On the bright side, some of Fidelity’s money m…
"The allocation back into high yield is a vote of confidence for risk-on bets," Lukeman said...Thanks @Junkster.
The past month junk has shown some real positive divergence with equities. While the S@P is down over 4% and the NASDAQ almost 6%, the…
I am still undecided on TD Ameritrade. One major positive is besides the $17 on transaction fee funds purchases, they are also only charging me $17 on the sale side of such funds.
I took Social Security ASAP at age 62. I dont regret that one bit. Before that I rarely had any guaranteed income and SS finally gave me that luxury. I have always felt most overestimate their potential longevity and thus overcomplicate retireme…
The topic of annuities seem to generate contentious debate on investment forums. Bottom line appears to be they are appropriate for those fearful of running out of money in old age. Hence not really appropriate for those with above average nest eg…
This is an example of what are called "Retail Notes". They're frequently offered by large, recognizable, primarily financial institutions.
Fidelity calls its program for selling these Corporate Notes℠. It has a good description of these bonds:
h…
This is not a suggestion or recommendation to @Junkster, but I'll just point out the obvious. As of Friday's close, a ladder of individually held to maturity Treasuries were yielding, not adjusting for state income tax exemptions, with little or no…
For those that follow junkster, as I do, to see what his perspectives is on bonds linked below is his last post, that I can find, on the Morningstar board.
http://socialize.morningstar.com/NewSocialize/ViewPost.aspx?apptype=0&PostID=3914111
A c…
The etransition was rocky primarily because of the dividends accumulated while at Scottrade. More specificically, on positions closed out in February while at Scottrade that had accumulated dividends, instead of the dividends going to our cash acc…
The transition was rocky primarily because of the dividends accumulated while at Scottrade. More specificically, on positions closed out in February while at Scottrade that had accumulated dividends, instead of the dividends going to our cash acco…
http://www.hustlermoneyblog.com/best-brokerage-bonuses/
The above site is updated monthly. However there are a lot of bonuses out there that aren’t mentioned above. For instance, Fidelity will pay you $2500 to transfer a million dollars and over…
Not looking good. My accumulated dividends from Scottrade have not been credited to my TD Ameritrade account. With Scottrade dividends were always in your account prior to open on the first trading day of the month. Either that is not the case wi…
http://www.hustlermoneyblog.com/best-brokerage-bonuses/
The above site is updated monthly. However there are a lot of bonuses out there that aren’t mentioned above. For instance, Fidelity will pay you $2500 to transfer a million dollars and over…
My fault. I should placed the trade before the transfer took place. Just got lazy. Seems to be just like after you purchase new fund shares it takes a couple of days before you can sell, it will take at least that much time after the transfer into A…
I had been dreading today worrying about possible glitches. But so far so good. Made a transaction fee fund purchase and was charged the $17 Scottrade rate as promised. The next hurdle will be if the accumulated dividends from Scottrade are poste…
Without looking I would say that is fake news and not remotely accurate.
Edit. OK I checked since it seemed so far fetched. The Dow would have to be down double digits YTD to have given back half of 2017 gains. The Dow is most definitely not dow…
Sold 50% of my bank loan fund today. Not sure this is the time to be taking credit risk. If equities remain under pressure the Fed may be less aggressive in raising rates. Fed funds futures are already pricing in less aggressiveness than they wer…
Entering today my only position was EIFAX at 90%. However don’t think floating rate/bank loans bond funds are necessarily a panacea for rising rates. I can see a lot that can go wrong there but until price shows some signs of slippage will stay pu…
With PIMIX it is all about their exposure to non agency rmbs. That market which had been their driver has stalled. RCTIX and DPFNX two players in non agencies also had a bad day at the office.
Junkster, any suggestions for those of us looking for buy and hold bond funds for the long term? I can't imagine trying to trade in and out of diiferent funds. Looking for a bond fund for income (already have PIMIX). Considering either VWEHX and/or…
@Junkster
Have you looked at SEMMX in any detail? Thoughts?
Too mundane and groupthink for me. But that is not a criticism. It has been one smooth upward ride with little to no volatility. I can understand its appeal and why it is so loved. I t…
PIMIX is my largest bond holding and yes, it's struggled over the past few weeks for sure. I've been looking at LSYFX but it does seem a bit volatile in that category. Any thoughts on LFRAX ? It seems to be a tamer fund.
LFRAX (assuming it is load w…
https://www.mutualfundobserver.com/discuss/discussion/38025/a-mfo-fave-shines-and-gaffney-regains-her-touch#latest
It worries me bank loans are rapidly becoming groupthink as well as seriously overbought. Junk corporates are seriously lagging equi…
I sure must be missing something here. Since September leveraged loan funds have been in a real sweet spot with prices steadily rising. You would be making money there on a total return basis while losing in Treasuries. And YTD the rate of ascent…
