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It is a year for the permanent portfolio fund PRPFX, that is up 8% YTD. I thought the fund was dead money in any market, but looks like this time is different.
Muni CEF invest usually in high quality bonds, but achieve the same yield as junk muni, utilizing a leverage. Here is a comparison of two ETF: high yield muni HYD and muni CEF ETF XPMT
http://quotes.morningstar.com/chart/etf/chart.action?t=XMPT&…
Take a look at the world infrastructure fund GLFOX with 7.8% yield. With negative interest rate around the world high yielding stocks can be attractive not only in the US.
http://www.morningstar.com/funds/XNAS/GLFOX/quote.html
@Junkster I see you trade MF rather frequently, trying to time the market. Do you ignore all fees for selling mutual funds prematurely or keep some discipline in doing that?
Why 70% of pre-retirement income, if the substantial part of your income while you were working was saving and investment? In retirement you stop adding to your investment. I would say, it is more accurate to say about 70% of your pre-retirement spe…
@Junkster Can you please explain your reasoning for advantages of one day lag with mutual funds. It seems counterintuitive as you are always late comparing with ETF.
@msf In case of OSMAX the fund can be bought without load at TDA, but the summary page does not say it is no load fund or the load is waived, that is confusing.
Your HCA account has much better fee schedule than regular accounts at TDA. But it is no…
I have an account with TD Ameritrade and think for MF investors it is not a good choice.
1. For NTF funds it requires holding for 6 months to avoid fee.
2. For transaction fee funds you pay $50 twice when you buy and when you sell the fund.
3. Rese…
You can access the article from the Google search
https://www.google.com/search?sourceid=navclient&aq=hts&oq=&ie=UTF-8&rlz=1T4AVNH_enUS648US649&q=Cash+Is+Now+a+Sin
@Old_Skeet I have a question about your approach. Do you care about portfolio allocation in each of your brokerage accounts or only for the total portfolio?
After 40 years of smoking I switched to e-cig 4 years ago. I got rid of all negative health symptoms, tobacco odor, and regained sense of smell. That is the solution for people who can't quit.
Objective & Overview
The Hennessy Cornerstone Mid Cap 30 Fund seeks long-term growth of capital by investing in 30 Mid Cap companies, screening for undervalued stocks with above-average growth potential.
Investment Strategy
The Hennessy Corne…
@Old_Skeet I am curious what you are going to do with your 23% cash if the market does not reach 1820 and will start moving up slowly from the current level?
What do you think about California muni funds? At least there is no danger for them to be impacted from oil shale crisis and CA economy is doing pretty well. I am thinking about CA HY muni NCHAX or some CA muni CEF like NZH, NAC.
Hi MJG,
No hard feeling but some of your assessments are incorrect.
I do not have the portfolio of balanced funds only, but a balanced mix of stock and bond funds with 60/40 ratio.
That is why you calculations of projected rate only roughly can be…
Thank you, MJG. I will definetely use the tools you refererced. Just want to clarify s few things.
What is projected rate? Is it some kind of probability.
Your calculations were made for portfolio consisting of all 60/40 balanced funds? My underst…
@MikeM: Yes. I may need money in the next 3-5 years. I understand that it is all speculation. Nevertheless, I believe it should be some optimal strategy to achieve the goal.
One way to do that is to wait till the portfolio drops 10% and then sell e…
Thank you all for your answers. I still have some doubts selling funds to recognize loses.
My specific situation is following:
I started MF investing only1-2 years ago and practically all my MF purchased this year experienced loses after dividend pa…
YTD performance is the main parameter for the most money managers. Their behavior on the market significantly affects market dynamics. Watching YTD data may be also useful for individual investors, even though they do not need to report the results.
mcmarasco "I'm leaning towards a M/A fund instead of bonds, simply because the future interest rate movement will be higher and that is generally not good for bond funds."
Buying MA funds you just outsource the task of buying bonds to the fund man…
Bonds should return principal if held till maturity. Is there any risk that will not be the case for short term HY funds held for 3-5 years?
I am thinking about rising interest rate environment with falling bond prices. Can, for example RSIVX, be …
Many, including myself, considered RSIVX as the fund similar to OSTIX. However YTD OSTIX return exceeds 3% and RSIVX 4 times less. Both funds have comparable yields but the price of RSIVX bonds decline much worse eating up practically all income fro…
After 5 years of bull market finding value is a real challenge. Growth funds will outperform till we hit bear market. After that value invstment will shine again, as it did during first years of bull market.