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.
Kevin, we are on the same page with funds like PQTIX and QLEIX. Just don't sit idly by if they turn into a Dusty Springfield fund like a MFLDX or an ARIVX. As for being caught by surprise, that is what trailing stops and having an exit strategy a…
0% Just more smoke and mirrors pandering to investors' fears of a 2008 redux.
http://www.ft.com/intl/cms/s/0/f508d770-3832-11e4-9fc2-00144feabdc0.html
http://www.bankrate.com/finance/investing/are-liquid-alternative-mutual-funds-worth-it.aspx
Dex, good for you. Hope it works out. The only thing that could derail things is an unexpected sharp rise in Treasuries. Junk corporates are hostage to oil prices and have been recently. Not sure if it will be reflected in today's shortened trad…
John, brave guy going after those bonds. They (the so-called experts) are saying the next shoe to drop will be junk corporates and primarily because of their exposure to oil and gas junk bonds. So who knows, running counter to the experts may work…
Wondering how I missed the rotation among the junk munis. The new stars there are ORNYX and PYMDX the later at YTD highs price wise. Still can't figure out what I am missing in AMAG and now since I own it and already increasing may find out the ha…
Shameless name dropping.... His even more famous wife grew up in my neighborhood and was a year older than me. I remember when she was the local TV weather girl. My how times have changed.
Edit: In a bit of a twist, the small town she was born…
Hold two stocks, no bonds and thinking about AMAG. Great chart, no insider selling since its big runup and are those estimates on Yahoo correct for 2015? From a loss in 2014 to 4.93 per share consensus with a huge increase in revenues. I assume i…
Howdy @Junkster
I love it ..... you noted: "deleting the last part because of being superstitious."
Nothing wrong with being a successful, superstitous investor, eh?
Take care,
Catch
I deleted before Scott posted but I guess Scott was working…
There was a Morgan Stanley report out yesterday saying investors are *massively* underestimating the Apple watch. AAPL is resilience personified. I am beginning to wonder if that will be the case until the watch is actually released around Valenti…
@Junkster: You don't understand, he's a legend in his own mind. FPPTX Is Ranked #60 In The (MCV) Fund Category By U.S. News & World Report.
Regards,
Ted
http://money.usnews.com/funds/mutual-funds/mid-cap-value/fpa-capital-fund/fpptx
And what a…
FISV (Fiserv Inc) seems to have a fairly tight (for a tech stock) rising 3 and 5 year chart. FIS Fidelity National Informton Systems) and JKHY (Jack Henry Associates) chart nicely as well.
Thanks bee, I then use a revenue and per share growth filt…
Thanks Scott, and agree very overbought. I've been surprised by the price action in MSFT and how AAPL doesn't give you many chances to enter on down days. MHG as in Marine Harvest? Know nothing about it fundamentally. Chart wise, a bit too chop…
Hank ... and, others:
I just don't keep losers. There are too many good funds that one can invest in to keep underperforming funds. After all, how long would you keep a sales rep that continued to under perform and not meet sales goals? Years ag…
Old_Skeet, as I mentioned, been venturing into tech, albeit only about 15% spread among AAPL, MSFT, and SWKS with a speculative play in IG. Feel I could be late to the party and don't want to hurt my 2014 returns. Stocks are not my forte. AAPL i…
I see consolidation in most bond funds. The past 4 weeks have found a pattern that I will call "flat". This is a real condition and although I have used and enjoy Khan Academy for various topics; I don't need the site to modify what I see in reality…
>>>Even when looking at individual funds here (HSGFX, MFLDX, CVSIX, etc.) the prospectus usually gives the manager so much discretion per holdings and strategy that they are very difficult to understand, and their direction can change on a …
When a fund has a high "initial minmum" is an investor required to maintain that minmum forever? I have often wonder if an investor could meet the initial minimum and than after the "minimum holding period" lower their balance to a more appropriate…
Catch, really a great post. Hope everyone reads it. One thing that stuck out is how almost 100% of our moms were stay at home mothers. My how times have changed!
The innocent years changed around late 63 when Kennedy was assassinated and/or the B…
Maybe just a tad off the topic of this thread but pumped from a killer hike among arches and rock shelters in the middle of nowhere... I'm 67 and no way would I ever want to be young again. My generation had that great bull market of the 80s and…
Total Return % YTD 1-Year 3-Year 5-Year
GDX (Price) -18.55 -29.98 -34.03 -17.5
I must be missing something here. Maybe my negativity is a sign to buy. But I was always taught not to try and catch falling knives if y…
Real hard to argue on that one.
And remember how a few years back on this forum and Fund Alarm all we heard about (and on an almost daily basis) was PRPFX. A few here said it was the best buy and hold fund in the universe. Fast forward to the pres…
Off over $20 today to around $1147. That puts it only $300 above its 1970-80s peak of $850 reached in January, 1980. A white-knuckles ride for sure.
Well, since we are going back in time, how about the absolute worst investment since your time fram…
I began putting some money in tech this past week. From a contrarian point of view, maybe a sell signal. Sure can't find much wrong with the performance of the fund mentioned in Ted's link - PRGTX.
Again, very enlightening thread. I am not wealthy nor am I even rich. I'm just fortunate to be debt/mortgage free and live in one of the lowest cost of living areas in the entire U.S. I am sure there are some here whose investable assets, aka nest…
In Seattle, I live on exclusively on SS. And I get a big fat $22 increase next year! Yeah!
This is an interesting thread. Not to pry, but I assume since you are on this forum you also have an investing or trading account? And are you one of the …
Well, if you pay 18k a year in property taxes (not uncommon on the coasts, not talking mansions either), if you want to do any traveling, if you pay for longterm-care insurance, and/or a host of other ifs, it's easy to need more than 50k. Naive or n…
There are places on the coast where $50k is not much. It all depends on your lifestyle. Seattle and San Fran are expensive.
Maybe when you are forced to take more, consider traveling @Junkster. Enjoy your harvest. You've earned it.
JC, I agree $5…
I never can understand these type of articles. I am single, debt/mortgage free and with Social Security. I pretty much do as I please when it comes to spending money. But no way do I need to withdraw $50,000. Some are in better shape than me in t…
Frank, you can ignore the warnings from Scottrade. Seriously, I have had *well* over 1000 in my years there. My branch manager says he can't imagine anyone with more at Scottrade. But Scottrade will never shut you down or limit you. The warning…
Junkster" I'm wondering how many investors can say they're at a 65 % cash level. That's what I like about this forum. Different strokes for different folks !
Derf
Derf, I am not an…
I am feeling more and more secure about the 10 year not closing at 2.00% before 3% and thus saving me an expenditure (bet) of $250 And as for as closing at 1%, not in my lifetime. Still I hope I am wrong as I am often wont to be. That was a *cli…
Nice post catch. And not just since January 1999 but junk bonds have beaten (barely) the S&P since junk's infamous bottom in mid December 2008. All in all, junk bonds have been the place to be this century. The allure of junk bonds has always…
>>>>>I think a lot of this lengthy discussion stems from Scott's "What are you buying ... selling ... pondering" threads. While I find the comments in those threads interesting, I've never seen them as meant to give actionable advice.…
Other than Carl Icahn who is bearish and betting against junk corporates, I have never in my investing/trading lifetime seen so much bullishness regarding the junk bond market. I can fully understand this bullishness. Still, it makes me very wary …
